HomeMy WebLinkAbout1995-145-10/17/1995-AFFORDABLE HOUSING PROJECT CARE, INC HOME PROGRAM HUD SITE SPECIFIC DEVELOPMENT PLAN WEST SWALLOW RO RESOLUTION 95-145
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING FUNDING FOR AN AFFORDABLE
HOUSING PROJECT THROUGH THE HOME PROGRAM
OF THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
WHEREAS.in May. 1994,the City received designation as a participating jurisdiction in the
HOME Program of the Department of Housing and Urban Development(HUD); and
WHEREAS, the purpose of the HOME Program is to expand the supply of decent, safe,
sanitary and affordable housing in the City and to strengthen the ability of the City to provide
housing as well as-to expand the capacity-of non-profit community-basedhonsing-development
organizations to provide such housing; and
WHEREAS, the City has received a request for additional HOME Program funding in the
amount of Fifty Thousand Dollars ($50,000) for the "Care, Inc." Project on West Swallow Road,
which request has been reviewed by Staff and recommended to the Council by the City's Community
Development Block Grant Commission; and
WHEREAS, the Council has determined that it is in the best interest of the City that the
project as hereafter described be approved for additional funding through the HUD HOME Program.
NOW,THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That the Care,Inc. Project on West Swallow Road, which will construct forty
(40) affordable housing units, is hereby approved for grant funding through the HOME Program of
the Department of Housing and Urban Development in the amount of Fifty Thousand Dollars
($50,000) (in addition to the One Hundred Thousand Dollars ($100,000) previously authorized for
said project pursuant to Resolution 95-120).
Section-9- The-funding_ authorized_for this, Prszject is- conditioned upon the Project
obtaining approval as a Site Specific Development Plan pursuant to Section 29-514 of the City Code
on or before February 15, 1996.
Passed and adopted at a regular meeting of the Counc' th City of Fort C ' s hel this
17th day of October, A.D. 1995.
i
ATTEST:
City Clerk