HomeMy WebLinkAbout2002-106-11/05/2002-APPROVING THE ALLOCATION OF REPROGRAMMED COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS RESOLUTION 2002-106
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROVING THE ALLOCATION OF REPROGRAMMED
COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS
WHEREAS, the Community Development Block Grant (CDBG) Program is an ongoing
grant administration program funded by the Department of Housing and Urban Development(HUD);
and
WHEREAS, the City of Fort Collins has received CDBG Program funds since 1975; and
WHEREAS,on January 18,2000,the City Council approved Resolution 2000-13,formally
adopting a competitive process for the allocation of City financial resources to affordable housing
programs/projects and community development activities; and
WHEREAS,since January 2002,the CDBG Commission has held a public hearing to obtain
citizen input on community development and affordable housing needs, heard presentations and
asked clarification questions from each applicant that submitted a proposal to the City requesting
CDBG funding; and
WHEREAS, the CDBG Commission met in a special meeting for the purpose of preparing
a recommendation to the City Council as to which programs and projects should be funded with
CDBG funds.
NOW, THEREFORE,BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that FOUR HUNDRED EIGHTY-FOUR THOUSAND EIGHT HUNDRED TWENTY-
SIX DOLLARS ($484,826) of reprogrammed Community Development Block Grant funds be
allocated as follows:
Amount Applicant - Project
$150,000 Habitat for Humanity—Land Acquisition
$258,000 Fort Collins Housing Corporation—Housing Rehabilitation
$ 76,826 City of Fort Collins - Homebuyer Assistance
Passed and adopted at a regular meeting of the Council of the City of Fort Collins held this
5th day of November A.D. 2002.
Mayor
ATTEST:
City Clerk