HomeMy WebLinkAbout2003-071-05/20/2003-APPROVING THE FUNDING FROM THE CITYS AFFORDABLE HOUSING FUND RESOLUTION 2003-071
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROVING THE FUNDING FROM THE CITY'S AFFORDABLE HOUSING FUND
WHEREAS, the City has established an Affordable Housing Fund to provide support to
affordable housing related programs and projects; and
WHEREAS, the City's Community Development Block Grant Commission ("CDBG
Commission"),in cooperation with the City's Affordable Housing Board,has conducted an extensive
public process, including conducting public hearings to review housing proposals; and
WHEREAS, the CDBG Commission has submitted to the City Council a list of
recommendations for programs and projects which should receive funding from the City's Affordable
Housing Fund; and
WHEREAS, the City Council has determined that the recommendations of the CDBG
Commission are in the best interests of the City and should be approved for funding from the City's
Affordable Housing Fund.
NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the following project is approved for funding from the City's Affordable Housing
Fund:
City of Fort Collins—Land Bank/Acquisition $400,000 (Due on
Sale)
Passed and adopted at a regular meeting of the Council of the City of Fort Collins held
this 20th day of May, A.D. 2003.
Mayor
ATTEST:
City Clerk 161171e ��