HomeMy WebLinkAbout2002-104-11/05/2002-APPROVING THE FY 2002-2003 HOME INVESTMENT PARTNERSHIPS PROGRAM FOR THE CITY OF FORT COLLINS RESOLUTION 2002-104
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROVING THE FY 2002-2003 HOME INVESTMENT PARTNERSHIPS PROGRAM
FOR THE CITY OF FORT COLLINS
WHEREAS, the purpose of the Home Investment Partnerships (HOME) Program is to
increase the supply of decent,safe,and affordable housing in the City of Fort Collins for an extended
period of time; and
WHEREAS, the City's Consolidated Plan identifies the following priorities for housing
related needs: (1)stimulate housing production for very low,low,and moderate income households;
(2)increase home ownership opportunities for very low,low,and moderate income households;and
(3) increase the supply of public housing for families and those with special needs; 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,specific proposals for the use of HOME funds have been reviewed by the City's
Affordable Housing Board and Community Development Block Grant Commission which have
forwarded recommendations to the City Council.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the administration is authorized to submit the FY 2002-2003 Home Investment
Partnerships (HOME) Program application as follows:
Amount Applicant - Project
$423,174 City of Fort Collins - Homebuyer Assistance
Community Housing Development Organization Funds
Amount Applicant- Project
$102,600 Neighbor to Neighbor
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.
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Mayor - ..
ATTEST:
City Clerk