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HomeMy WebLinkAbout3656 Resolution RESOLUTION NO. (ps cj A RESOLUTION APPROVING FEDERAL 2016 HOME ANNUAL WORK PLAN AND ALLOCATION 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, $107,000 is expected to be available from entitlement funds for Pasco HOME projects in program year 2016, NOW,THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PASCO: Section 1. 2016 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 First Time Homebuyer Assistance $ 107,000 10 $ 107,000 10 PASSED by the City Council of the City of Pasco this 2/ day of ce r2015. CITY OF PASCO: Matt Watkins Mayor A II EST: APPROVED AS TO FORM: bra :Clarke d B. Kerr !'�;MC City Clerk City Attorney Y