HomeMy WebLinkAbout3188 Resolution RESOLUTION NO. J 19
A RESOLUTION ALLOCATING ESTIMATED 2010 FEDERAL HOME FUNDS.
WHEREAS, the City of Pasco entered into an Agreement with Kennewick and Richland
in 2007 continuing participation in a Consortium originally formed in 1996 under the Home
Investments Partnership (HOME)Program; and
WHEREAS, the Consortium allows the three cities to be eligible for federal HOME
funds; and
WHEREAS, the City has established a Community Housing Improvement Program
(CHIP); and
WHEREAS, it is estimated in 2010, the City of Pasco will receive $217,000 federal
HOME Entitlement Funds plus $325,000 in Program Income for a total estimated available of
$542,000;NOW,THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PASCO:
Section 1. 2010 HOME funds received by the City of Pasco shall be allocated to the
Community Housing Improvement Program (CHIP) operate city-wide. Priority will be given to
neighborhood improvement areas and low-moderate income census tracts as needed for the
following activities below:
Activity Estimated Units Amount
HOME Administration $32,500.00
First Time Homebu er's Pro 8 $40,000.00
Infill Homebu er's Program 3 $171,700.00
Rental Rehabilitation Assistance 3 $297,800.00
TOTAL ALLOCATED $542,000.00
PASSED by the City Council of the City of Pasco this day of , 2009.
CITY OF PASCO:
*1tA 11
Joyce so
May r
ATTEST: APPROVED AS TO FORM:
Sandy L. KgAkrtliy Leland B. K
Deputy City Clerk City Attorney
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CITY OF PASCO COMMUNITY FIGURE
HOUSING IMPROVEMENT PROGRAM {CHIP) ]
AREA LOCATION MAP