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HomeMy WebLinkAbout4396 Resolution - 2024 HOME Annual Work Plan & AllocationsRESOLUTION NO.4396 A RESOLUTION OF THE CITY OF PASCO, WASHINGTON, APPROVING FEDERAL 2024 HOME ANNUAL WORK PLAN AND ALLOCATION WHEREAS, the City of Pasco (City) together with the Cities of Kennewick and Richland renewed 2019 Interlocal Cooperation Agreement continues the participation in the Consortium originally formed in 1996 under the Home Investments Partnership (HOME) Program through December 2023; and WHEREAS, the City has established a Community Housing Improvement Program (CHIP); and WHEREAS, $279,197 is expected to be available from entitlement funds and program income, for Pasco HOME projects in program year 2024. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON: That the 2024 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, Tenant Based Rental Assistance and Owner -Occupied Rehabilitation, and Be It Further Resolved, that the City Manager or authorize designee is hereby authorized to sign all agreements in accordance with the Five -Year Consolidate Plan, and Annual Action Plan Supplements previously approved by council, and Be It Further Resolved, that this resolution will take effect immediately. PASSED by the City Council of the City of Pasco, November, 2023. _�t Blanche Barajas Mayor ATTEST: �, Lb L-� Debra Barham, CMC City Clerk Resolution — 2024 HOME Program - 1 Washington, on this 20'' day of APPROVED AS TO FORM: r_17 Kerr Fe aw, PLLC Cit ttorneys