Title
RESOLUTION AUTHORIZING A REQUEST FOR HUD HOME INVESTMENT PARTNERSHIP FUNDS FOR THE 2025 PROGRAM YEAR, AUTHORIZING AGREEMENTS WITH APPROPRIATE AGENCIES.
Body
CITY PROPOSAL:
WHEREAS, City Council Resolution No. 25-0065R, adopted January 27, 2025, approved FY 2025 annual Action Plan; and
WHEREAS, the secretary of HUD is authorized to make grants to cities and/or counties to finance local community development programs, approved in accordance with the provisions of Title I of said Act, as well as grants under the Cranston-Gonzales National Affordable Housing Act of 1990, as amended, (the HOME program) and the Stewart B. McKinney Homeless Assistance Act of 1987, as amended (the Emergency Solutions Grants program [ESG]);
NOW, THEREFORE, BE IT RESOLVED, that the proper city officials are hereby authorized to make and submit appropriate documentation to HUD for those projects and corresponding funding levels as set forth below:
2025 HOME PROGRAM - FUND 260, AGENCY 020, OBJECT 5434, PROJECT CD25HM
SUB
PROJECT ACTIVITY PROJECTS AMOUNT
GN25 1734 TBRA - HRA $ 100,000
GN25 6915A Community Land Trust - New Construction $ 350,000
GN25 AD01 HOME TBRA Admin - HRA $ 10,000
GN25 AD01 HOME Investment Partnership Admin $ 40,000
Total ...
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