HomeMy WebLinkAbout3913 ResolutionRESOLUTION NO.
A RESOLUTION APPROVING THE 2020 NSP PROGRAM YEAR ANNUAL
WORK PLAN AND ALLOCATION
WHEREAS, the Neighborhood Stabilization Program (NSP) is authorized under Title III
of the Housing and Economic Recovery Act of 2008 (HERA), administered by the US
Department of Housing & Urban Development (HUD), and subject to both CDBG and HOME
regulations for the purpose of stabilizing neighborhoods negatively affected by foreclosures and
abandoned properties, and
WHEREAS, the City has requested transfer of NSP 1 program income to its CDBG
program, and
WHEREAS, estimated program income funds totaling $101,882 are available to fund
CDBG eligible projects, NOW THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PASCO:
Section 1. That the Pasco City Council hereby approves the 2020 Neighborhood
Stabilization Program (NSP) Plan work plan allocation as follows:
2020 Proposed Activities _
Restricted for Administration 10%0 of PI (08-8014)
Down Payment Assistance/Minor Rehab (03-8014)
Down Payment Assistance/Minor Rehab **25% (04-8014)
**Households < 50% AMI
Contingent_ Project
Permanent Supportive Housing
Budget_ Units_
$--8,000.00-
$
8,000.00$ 67,882.18 2
$ 26,000.00 1
$101,882.18 3
$100,000.00 50
PASSED by the City Council of the City of Pasco this day of AVQ U 4, 2019.
Matt Watkins
Mayor
ATTEST:
/ I"
An ela P shoo
Interim City Clerk
APPROVED AS TO FORM:
Kerr 6up
Cit ttorney