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HomeMy WebLinkAbout4500 Resolution - 2025 HOME Annual Work Plan and AllocationResolution – 2025 HOME Annual Work Plan & Allocation- 1 RESOLUTION NO. 4500 A RESOLUTION OF THE CITY OF PASCO, WASHINGTON, APPROVING FEDERAL 2025 HOME ANNUAL WORK PLAN AND ALLOCATIONS WHEREAS, the City of Pasco (City), together with the Cities of Kennewick and Richland, renewed a 2021 Interlocal Cooperation Agreement continuing the participation in the Tri-Cities Consortium originally formed in 1996 under the Home Investment Partnership (HOME) Program through December 2025; and WHEREAS, the City has established a Community Housing Improvement Program (CHIP); and WHEREAS, $216,160 is expected to be available from entitlement funds and program income, for Pasco HOME projects in program year 2025. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON: That the 2025 HOME funds received by the City of Pasco shall be allocated to the Community Housing Improvements Program (CHIP) First Time Homebuyer Assistance program, which operates city-wide with priority given to neighborhood improvement areas and low- moderate income census tracts, Tenant Based Rental Assistance and Owner-Occupied Rehabilitation. Be It Further Resolved, that the City Manager or authorize designee is hereby authorized to sign all agreements in accordance with the Five-Year Consolidated Plan and Annual Action Plan Supplements previously approved by Council. Be It Further Resolved, that this Resolution shall take effect immediately. PASSED by the City Council of the City of Pasco, Washington, on this 7th day of October, 2024. _____________________________ Pete Serrano Mayor ATTEST: APPROVED AS TO FORM: _____________________________ ___________________________ Debra Barham, MMC Kerr Ferguson Law, PLLC City Clerk City Attorneys