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HomeMy WebLinkAboutCity Council Resolution 2009-127CITY OF PLYMOUTH RESOLUTION NO. 2009-127 A RESOLUTION TO APPROVE THE AMENDED ANNUAL ACTION PLAN FOR THE FISCAL YEAR 2008 COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS WIffiREAS, the City of Plymouth applied to the U.S. Department of Housing and Urban Development (HUD) and was awarded funding for the 2008 Community Development Block Grant (CDBG) Program; and WIffiREAS, in February of 2009, the American Recovery and Reinvestment Act was signed into law, which included additional funds for the CDBG program; and WIffiREAS, the new funding is called the CDBG-R program and the City will receive $70,458 to assist the community; and WIffiREAS, the funds received must be used in an expedited manner, preserve or create jobs that promote economic recovery, and assist those most impacted by the recession among other things; and WIffiREAS the City of Plymouth has determined that these funds should be utilized to assist Hammer Residences with the rehabilitation of some of their properties in the City and assist first time homebuyers in their quest to purchase their first home; and WIffiREAS the table below outlines the changes to the Plymouth 2008 Annual Action Plan. HRA Programs and Administration Current Allocation Amended Allocation Housing Rehabilitation Loan Program 76,392.00 76,392.00 First Time Homebuyer Loan Program 106,000.00 131,000.00 Administration 20,000.00 25,458.00 Affordable Housing Development — 15,000.00 55,000.00 Hammer Residences Fair Housing Activities 2,000.00 2,000.00 Sub -Total of HRA Programs and 219,392.00 289,850.00 Administration Public Service Programs Community Action Partnership of 14,000.00 14,000.00 Suburban Hennepin (CAPSH) Family Hope Services 6,000.00 6,000.00 HOME Line 7,500.00 7,500.00 Northwest Branch YMCA 7,000.00 7,000.00 People Responding in Social Ministry 3,500.00 3,500.00 (PRISM) JVS 2,000.00 2,000.00 Sub Total of Public Service Programs 40,000.00 40,000.00 Total 2008 CDBG Allocation 259,392.00 329,850.00 Resolution No. 2009-127 Page 2 of 2 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, that it hereby authorizes the City Manager to submit to the U.S. Department of Housing and Urban Development the amended Annual Action Plan for the Community Development Block Grant Program 2008 fiscal Year and approves the above allocations. BE IT FURTHER RESOLVED, that CDBG program income may be used to cover expenses generated in any existing CDBG program or activity and not just expenses related to the activity generating the income. Approved this 26t11 day of May 2009.