HomeMy WebLinkAbout2014-101-11/18/2014-APPROVING THE PROGRAMS AND PROJECTS THAT WILL RECEIVE FUNDS FROM THE HOME INVESTMENT PARTNERSHIP PRO RESOLUTION 2014-101
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROVING THE PROGRAMS AND PROJECTS THAT WILL RECEIVE FUNDS
FROM THE HOME INVESTMENT PARTNERSHIP PROGRAM
AND THE CITY'S AFFORDABLE HOUSING FUND
WHEREAS, the Home Investment Partnership (HOME) Program is an ongoing grant
administration program funded by the Department of Housing and Urban Development (HUD);
and
WHEREAS, the City has received HOME Program funds since 1994; and
WHEREAS, the City's Affordable Housing Fund provides General Fund money 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 October -16, 2014, the CDBG Commission met for the purpose of
preparing a recommendation to the City Council as to which programs and projects should be
funded with FY2014 HOME grant funds and funds from the City's Affordable Housing Fund;
and
WHEREAS, as required by HUD regulations, a 30-day public comment period on the
proposed allocation of CDBG and HOME funds as recommended by the CDBG Commission
began on October 21, 2014, and ended on November 18, 2014; and
WHEREAS, to date no public comments have been received; and
WHEREAS, the City Council has considered the recommendations of the CDBG
Commission, and has determined that the City's 2014 allocation should be made as set out in this
Resolution.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
FORT COLLINS as follows:
Section 1. That City staff is hereby authorized to submit an application to HUD as
follows:
- 1 -
Housing Category
Applicant Project/Program Funding Commission's Unfunded Percent
Request Recommended Balance of
Funding Request
Funded
CARE Housing: Uniform Federal $127,356 $0 $127,356 0%
Accessibility Standards (UFAS)
Accessibility
Fort Collins Housing Authority: $26,449 $0 $26,449 0%
Administrative Fee for the
Community Dual Disorders
Treatment (CDDT) Program
Fort Collins Housing Authority: $225,730 $0 $225,730 0%
Tenant Based Rental Assistance for
CDDT
Fort Collins Housing Authority: $1,500,000 $592,745 $907,255 40%
Village on Redwood: A Vibrant,
Sustainable Community
Loveland Housing Development $85,000 $85,000 $0 100%
Corp: Larimer Home Improvement
Program (LHIP)
Neighbor to Neighbor: Coachlight $43,257 $43,257 $0 100%
Plaza Windows Phase 2
Housing Total 52,007,792 5721,002 $1,286,790
Passed and adopted at a regular meeting of the Council of the City of Fort Collins this
18th day of November, A.D. 2014.
Mdyor
ATTEST: `,� 1 OF FO
OVA
City Clerk
c+:
O
O
- 2 -