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HomeMy WebLinkAbout3958 Resolution - BGAP 2020-006 Resolution HOME Allocation 2020 AmendmentRESOLUTION NO. 3958 A RESOLUTION OF THE CITY OF PASCO RESCINDING RESOLUTION NO. 3912 AND APPROVING FEDERAL HOME INVESTMENT PARTNERSHIPS PROGRAM YEAR 2020 AND PRIOR YEARS ANNUAL WORK PLAN AND ALLOCATION AMENDMENT. WHEREAS, the City of Pasco together with Kennewick and Richland renewed a cooperative agreement in 2019 continuing participation through 2022 in the 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 CARES Act has provided flexibilities and waivers to reallocate funds to be used to prevent, prepare for and respond to the coronavirus (COVID-19); and WHEREAS, the City has $163,419 available from 2020 entitlement funds, plus $209,385 in program income, and $294,452 from Prior Year, available for Pasco HOME projects in program year 2020, to be reallocated for that purpose. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON: Section 1. That the 2020 and prior year HOME funds received by the City of Pasco shall be reallocated, as authorized by the CARES Act, as follows, and; hall 2020 Proposed Activities 2020 Restricted for HOME Administration 2020 Down Payment Assistance 2020 Tenant Based Rental Assistance TOTAL Budget Units $ 10,000 $115,722 12 $541,53 24 $667,256 36 Section 2. That the City Manager or his delegate is hereby authorized to sign all agreements in accordance with the 5 -Year Consolidated Plan, and Annual Action Plan Supplements previously approved by Council. PASSED by the City Council of the City of Pasco, Washington this 11" day of May, 2020. Saul Martinez Mayor ATTEST: Debra Barham, CMC City Clerk Resolution —Rescinding Resolution No. 3912- 1 City S TO FORM: Fergw, PLLC