HomeMy WebLinkAbout2002 Resolution No. 090•
•
RESOLUTION NO. t/0
SERIES OF 2002
A RESOLUTION APPL YING FOR FUNDING OF $200,000 FOR THE HOUSING
REHABILITATION PROJ ECT FROM THE COLORADO DIVISION OF HOUSING.
WHEREAS , City Co uncil has approved re so lution s to appl y for funding to support th e
Hou si ng Rehabilitation Program since 1977; and
WHEREAS , City Coi:ncil desi res staff 10 apply for $200,000 for the Housing
Reh abilita tio n Project fr om the Co lorad o Division of Housing .
NOW, THEREFORE , BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF ENGLEWOOD , COLORDO, THAT :
Section I. The City of Englewood, Co lorado, is hereb y authorized to file an app li cation
for $200,000 for the Housing Rehabili1a1ion Project from the Co lorado Di vision of Housing .
Section 2. The Mayo r and City Clerk are hereby authorized to sign and attest all
necessary fonns , documents, assurances and certifications for the funding of $200 ,000 for the
Housing Rehabi litation Project.
ADOPTED AND APPROVED thi s 7• day of Octobe r, 2002
I, Loucri shi a A. Ellis, City Clerk for the City of En
above is a true copy of Re so lut ion No . , Series
COUNCIL COMMUNICATION
Dat e
October 7, 2002
INITIATED BY :
Agenda Item
10 c i
Community D evelopment D ep t.
Subject : A Re so lutio n
Approving a Colorado Divis ion
of Housing Appli cation
STAFF SOURCE :
Jan et Grimmett, Housing Finan ce Specialist
COUNCIL GOAL AND PREVIOUS COUNCIL ACTION
H o using an d Community D eve lopment
Pr evio us Ac ti on:
City Council has approved reso luti ons to apply for fu nding to support th e Housing Rehabilitation
Program since 1977 . Appli ca tions fo r fundin g have b ee n submitted to Arapah oe Co unty since
1992, but appli ca tions prior to th at were reg ularl y submitted to th e Colorado Division of H ousing
to support th e program .
RECOMMENDED ACTION
•
Staff recommends that Coun cil approve a resolution autho rizin g staff to apply fo r $200,000 for th e •
H ousi ng Rehab ilitation Proj ec t from the Colo rad o Divis io n of H o usi ng.
BACKGROUND, ANALYSIS, AND ALTERNATIVES IDENTIFIED
Th e Colorado Division of H o usin g (C DOH ) recei ves federal and state fu nds to develop affordab le
housing. Th ese funds can be use d for housi ng rehab ilitation, re-deve lopment and/or purchase of
apartments and single-fa mily homes to be owned or rented by pers ons w ith in comes below 80% of
an area's median income. Private non-profit and fo r-profit deve lope rs, housing au thorities, and loca l
governm ents ca n apply. Pr og ram objectives are ach ieve d throu gh projects that primari ly benefit
low and moderate-income families. Appli ca ti o ns are accepted o n • c ontinuous basis throughout
the year.
Th e City o f Eng lewood must subm it an applica ti on ill o rd er to rece ive funds from the Col orad o
Divisi on of H ousi ng. Staff will requ es t $200,000 fr om th e CDOH fo r th e H ousin g Rehabilitation
Proj ect th at w ill provi de loa ns to low-i ncom e owner-occ up ied hom eowners to finan ce th e cos ts of
major hous ehold repairs and imp rovements .
FINANCIAL IMPACT
Existing Community D eve lopmen t staff administer, 1he pro p ose d project. ;taff sala ries and benefits
rep rese nt the City's parti cipati on in the proj ect.
LIST OF ATTACHMENTS
Proposed Res olutio n •