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HomeMy WebLinkAbout4246 Resolution - 2023 HOME AllocationsRESOLUTION NO. 4246 A RESOLUTION OF THE CITY OF PASCO, WASHINGTON, APPROVING THE FEDERAL 2023 HOME ANNUAL WORK PLAN AND ALLOCATIONS. WHEREAS, the City of Pasco together with the cities of Kennewick and Richland renewed the 2019 Interlocal Cooperation Agreement continuing the participation in the Consortium originally formed in 1996 under the Home Investments Partnership (HOME) Program through December 2022; 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, $288,000 is expected to be available from entitlement funds and program income for Pasco HOME projects in program year 2023. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PASCO: Section 1. That the 2023 HOME funds received by the City of Pasco shall be allocated to the Community Housing Improvement Program (CHIP) First Time Homebuyer Assistance program, which operates city-wide with priority given to neighborhood improvement areas and low -moderate income census tracts and Tenant Based Rental Assistance (TBRA). Section 2. That the City Manager, or his delegate, is hereby authorized to sign all agreements in accordance with the Five -Year Consolidated Plan, and Annual Action Plan Supplements previously approved by Council. PASSED by the City Council of the City of Pasco, Washington this 19th day of September, 2022. Blanche Barajas Mayor ATTEST: Debra Barham, CMC City Clerk Resolution — 2023 HOME Allocations - 1 APPROVED AS TO FORM: e- Kerr Feuer aw, PLLC City t�K torneys