HomeMy WebLinkAbout2010-071-11/16/2010-APPROVING THE PROGRAMS AND PROJECTS THAT WILL RECEIVE FUNDS FROM THE FEDERAL COMMUNITY DEVELOPMENT B RESOLUTION 2010-071
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROVING THE PROGRAMS AND PROJECTS THAT WILL RECEIVE FUNDS
FROM THE FEDERAL COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG)
AND HOME INVESTMENT PARTNERSHIPS (HOME) PROGRAMS,
AND THE CITY'S AFFORDABLE HOUSING FUND
WHEREAS, the Community Development Block Grant (CDBG) Program and the Home
Investment partnerships (HOME) Program are ongoing grant administration programs funded by
the Department of Housing and Urban Development (HUD); and
WHEREAS, the City has received CDBG Program funds since 1975 and HOME Program
funds since 1994; and
WHEREAS,the City Council has budgeted General Fund dollars into an Affordable Housing
Fund for use in assisting affordable housing programs and projects; 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 and projects, and community development activities; and
WHEREAS, on January14, 2010, the CDBG Commission held a public hearing to obtain
citizen input on community development and affordable housing needs, and since then has heard
presentations and asked clarification questions from each applicant that submitted a proposal to the
City requesting funding; and
WHEREAS, on October 14, 2010, 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 carry-over FY 2010 CDBG funds, HOME funds from the FY 2010 HOME
grant, HOME Program Income, and funds from the City's Affordable Housing Fund; and
WHEREAS, the City Council has determined that the recommendation of the CDBG
Commission is in the best interests of the City.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the administration is authorized to submit an application to the Department of
Housing and Urban Development as follows:
PLANNING AND ADMINISTRATION
FY 10 CDBG Grant
$35,535 CITY OF FORT COLLINS—CONSOLIDATED PLAN
IMPLEMENTATION
FY 10 Home Program Income
$4 443 1 CITY OF FORT COLLINS —HOME Program Administration
AFFORDABLE HOUSING
FY 10 CDBG Grant
$187,977 FORT COLLINS HOUSING CORPORATION—LEGACY SENIOR
RESIDENCES
FY 10 HOME Grant
$300 000.1 FC CARIBOU II—CARIBOU APARTMENTS PHASE II
FY 10 HOME Program Income
$73,133 FORT COLLINS HOUSING CORPORATION—LEGACY SENIOR
RESIDENCES
2010 Affordable Housing Fund
$50,000 City of Fort Collins—Home Buyer Assistance Program (FORMER
RENTAL PROPERTIES
$28,890 FORT COLLINS HOUSING CORPORATION—LEGACY SENIOR
RESIDENCES
$110,000 LOVELAND HOUSING AUTHORITY—LARIMER HOME
IMPROVEMENT PROGRAM
Passed and adopted at,a regular meeting of the Counc' f the City of Fort Collins this 16th
day of November A.D. 2010.
Mayor
ATTEST:_
j
Chief Deputy City Clerk