HomeMy WebLinkAbout2016-085-11/15/2016-APPROVING THE PROGRAMS AND PROJECTS THAT WILL RECEIVE FUNDS FROM THE FEDERAL COMMUNITY DEVELOPMENT B r
RESOLUTION 2016-085
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 PROGRAM, THE HOME INVESTMENT PARTNERSHIPS PROGRAM,
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 and Keep Fort Collins Great
(KFCG) dollars in the Affordable Housing Fund (AHF) for use in assisting affordable housing
programs and projects and community development activities; and
WHEREAS, on January 18, 2000, the City Council approved Resolution 2000-013,
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 January 20, 2015, the City Council approved Resolution 2015-009,
adopting a revised competitive process that changed from two annual funding cycles, in the
spring and fall, to one funding cycle in the spring, with the fall funding cycle being optional and
used only when funds are available that were not allocated in the spring or were returned to the
City; and /
WHEREAS, on May 17, 2016, the City Council approved Resolution 2016-040
allocating a total of $2,026,628 in funding for administration, housing and public service
programs; and
WHEREAS, additional funds are available but uncommitted from the spring competitive
process, and additional funds have since been received; and
WHEREAS, on October 13, 2016, 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 previously uncommitted FY2016 CDBG, HOME, and AHF funds, as well as a
HOME FY2016 grant increase and CDBG Program Income; and
WHEREAS, as required by HUD regulations, a 30-day comment period began on
October 17, 2016 and ended on November 15, 2016, and to date no comments have been
received; and
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WHEREAS, the City Council has considered .the recommendations of the CDBG
Commission and has determined that the City's fall 2016 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 the City Council hereby makes and adopts the determinations and
findings contained in the recitals set forth above.
Section 2. That City staff is hereby authorized to submit an application to HUD
based on the following recommended funding allocations:
Housing Category
Applicant Project/Program Funding Commission's Unfunded Percent of
Request Recommended Balance Request
Funding Funded
DMA Plaza: Withdrawn Withdrawn $0 $0 N/A
Housing Catalyst: Village on Shields $1,125,000 $11125,000 $0 100%
Rehabilitation
Neighbor to Neighbor: Crabtree $20,000 $28,000 $0 140%
Apartments Boiler Replacement
Housing Total $1,145,000 $1,153,000 $0 107%
Section 3. That, subject to the appropriation of funds by the City Council, the City
Manager is hereby authorized to execute any agreements necessary to implement the finding
allocations described herein on term and conditions consistent with this Resolution, along with
such additional terms and conditions as the City Manager, in consultation with the City Attorney,
deems necessary or appropriate to protect the interests of the City.
Passed and adopted at a regular meeting of the Council of the City of Fort Collins this
15th day of November, A.D. 2016.
Mayor
ATTEST:
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Chief Deputy City Clerk SEAL
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