Loading...
HomeMy WebLinkAboutCity Council Resolution 2015-102CITY OF PLYMOUTH RESOLUTION No. 2015-102 RESOLUTION APPROVINGTHE APPLICATION AND ALLOCATION OF FISCAL YEAR 2015 WHEREAS, the City of Plymouth is eligible to apply to the U.S. Department of Housing and Urban Development (HUD) for 2015 funding for the Community Development Block Grant (CDBG) Program; and WHEREAS, on March 26, 2015, the Plymouth Housing and Redevelopment Authority held a duly constituted public hearing to allow interested parties to express their opinions regarding the allocation of funds for the 2015 CDBG Program Year; and WHEREAS, the City Council has reviewed the recommendations of the Housing and Redevelopment Authority regarding the proposed activities and allocation of CDBG funds for Program Year 2015; 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 application and all required documents for participation in the 2015 Community Development Block Grant Program Year and approves the allocation for the following projects in the respective proposed amounts: HRA Programs and Administration Housing Rehabilitation Loan Program 106,760.00 First Time Homebuyer Loan Program 30,000.00 Administration 30,000.00 Affordable Housing Development— Hammer Residences 20,000.00 Fair Housing Activities 5,000.00 Sub -Total of HRA Programs and Administration 191,760.00 Public Service Programs Community Action Partnership of Suburban Hennepin (CAPSH) 7,000.00 Family Hope Services 10,000.00 HOME Line 10,000.00 People Responding in Social Ministry (PRISM) 10,000.00 Senior Community Services 5,000.00 Sub Total of Public Service Programs 42,000.00 Total 2015 CDBG Allocation $233,760.00 BE IT FURTHER RESOLVED, that any increase in the anticipated funding amount for the 2015 CDBG fiscal year will be split equally between the 2015 Housing Rehabilitation, First Time Homebuyer Programs and Social Service Programs (within the 15% maximum allowance). Any decrease will be split equally between the 2015 Housing Rehabilitation, Affordable Housing Development Account and Social Service Programs (within the 15% maximum allowance). 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. BE IT FURTHER RESOLVED, that all unexpended 2014 CDBG funds be allocated to the same program activity in 2015. APPROVED by the City Council on this 14th day of April, 2015. 2