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HomeMy WebLinkAboutHousing & Redevelopment Authority Resolution 94-01HRA RESOLUTION 9401 RECOMMENDING ALLOCATION OF FISCAL YEAR 1994 COWMIUNITY DEVELOPMENT BLOCK GRANT FUNDS WHWEAS, the City of Plymouth for Fiscal Year 1994 will be in receipt of $25,000 ofadditionalfundingoratotalof $297,000 of Community Development Block Grant funds to utilize is such a way as to assist low and moderate income persons; and, WHOtEAS, on February 1, 1994, the Plymouth Housing and Redevelopment Authority held aregularmeetingtodiscussuseoftheseadditionalfundsinaccordancewithfederalguldelim3; NOW, TTIIFORE, BE IT HEMY RESOLVED BY THE HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF PLYMOUTH, MINNESOTA, that the Housing Authority recommends the Plymouth City Council allocate the Fiscal Year 1994 Commumty Development Block Grant funds as follows: 1. Rehabilitation of Private Dwellings $ 7,000 a. A(M of Activity S68.000 b. Grants/10ans to homeowners $ 75,000Subtotal 2. Child Care Assistance$ 1,000 a. Administration of Activity $ 29.000 b. child Care Assistance $ 30,000Subtotal 3. Scattered Site HomoownershiP $ 5,000 a. Administnttioit of Activity S so ma b. Grants/loan to First Time Homebuyers $ 85,000Subtotal 4. Plymouth Paris 8t Recreation $ 500 a. Administration of Activity $ 4,500 b. Capital Funding $ 5.000 C. One -o4 -one Assistance $10,000 Subtotal 5. Community Action Suburban Hennepin (CASH) a. Administration of Activity $ 500 b. Public Service $ 10,000Subtotal 6. Hennepin Technical College (HTC) f a. Administration of Activity $ 1,000 b. Capital Funding $ 61.000 Subtotal $ 62,000 7. Administration of Overall CDBG Program $ 25,000 Total $297,000 Adopted by the Housing and Redevelopment Authority of February 1, 1994. sr/m:cdbg0201)