HomeMy WebLinkAbout3420 ResolutionRESOLUTION NO. 3LI 2-6
A RESOLUTION APPROVING FEDERAL HOME WORK PLAN ALLOCATION
FOR PROGRAM YEAR 2013
WHEREAS, the City of Pasco entered into an Agreement with Kennewick and Richland
in 2010 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, $280,723 is expected to be available from entitlement estimated at
$149,723 and program income of $131,000 from the sale of 2012 acquisition/rehab projects for
Pasco HOME projects in program year 2013, NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PASCO:
Section 1. 2013 HOME funds received by the City of Pasco shall be allocated to the
Community Housing Improvement Program (CHIP) which operates city -wide. Priority will be
given to neighborhood improvement areas and low- moderate income census tracts as needed for
the activities below:
Activity Budget Units
Acquisition & Rehab/Infill Projects $ 211,623 2
First Time Homebuyer Assistance $ 56,000 10
Administration from PI $ 13,100
$ 280,723 12
PASSED by the City Council of the City of Pasco this 2-0 day of , 2012.
CITY OF PASCO:
Matt Watkins
Mayor
APPRO D AS TO FORM:
Leland B. Kerr
City Attorney