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HomeMy WebLinkAbout2006-111-11/07/2006-APPROVING THE PROGRAMS AND PROJECTS THAT WILL RECEIVE FUNDS FROM THE FEDERAL COMMUNITY DEVELOPMENT RESOLUTION 2006-111 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 PARTNERSHIP (HOME) GRANTS AND THE CITY'S AFFORDABLE HOUSING FUND WHEREAS, the Community Development Block Grant (CDBG) Program and the Home Investments Partnership (HOME) Program are ongoing grant administration programs 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 HOME funds since 1993; and WHEREAS,the City Council has budgeted General Fund dollars into an Affordable Housing Fund for use in assisting affordable housing programs/projects; 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/projects and community development activities; and WHEREAS,since January 2006,the CDBG Commission has held a public hearing to obtain citizen input on community development and affordable housing needs,and has heard presentations and asked clarification questions from each applicant that submitted a proposal to the City requesting 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 the FY 2006 CDBG Entitlement Grant, FY 06 HOME Grant funds, HOME Community Housing Development Organization (CHDO) Set Aside funds, and the utilization of the City's Affordable Housing Fund. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the administration is authorized to submit an application to HUD as follows: AFFORDABLE HOUSING FY 06 CDBG Entitlement Grant $80 080 Nei bor-to-Nei bor—Rehabilitation of Coachlight& Crabtree FY 06 HOME Grant $163,500 Fort Collins ousing Corporation—Stadium Apartments 120,187 CARE Housing—Acquisition of Land 200,000 1 City of Fort Collins—Home Buyer Assistance Program HOME Community Housing Development Organization (CHDO) Set Aside $96 813 CARE Housing—Acquisition of Land Affordable Housing Fund $83,000 CARE Housing—Acquisition of Land 50,000 1 City of Fort Collins—Home Buyer Assistance Program PUBLIC FACILITIES FY 06 CDBG Entitlement Grant $12 475 Crossroads Safehouse—Facility Improvement Passed and adopted at a regular meeting of the Co it of the CiVFort llins this 7th day of November, A.D. 2006. Mayo ATTEST: City Clerk