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HomeMy WebLinkAbout3729 ResolutionRESOLUTION NO. 3 72-1 A RESOLUTION APPROVING FEDERAL 2017 HOME ANNUAL WORK PLAN AND ALLOCATION WHEREAS, the City of Pasco together with Kennewick and Richland renewed a cooperative agreement 2016 continuing participation in the Consortium originally formed in 1996 under the Home Investments Partnership (HOME) Program through 2019; 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, plus program income, for Pasco HOME projects in program year 2017, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PASCO: Section 1. 2017 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 First Time Homebuyer Assistance program. PASSED by the City Council of the City of Pasco this 19*''day of02016. CITY OF PASCO: Matt Watkins Mayor ATTEST: 1 Debra L. Clark City Clerk APPROVED AS TO FORM: nd B. Ken - City Attorney