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File #: Res.15-0026    Version: A Name: Allocation of HOME Funds for 2005 Washington Avenue Renovation
Type: Resolution Status: Passed
File created: 1/20/2015 In control: City Attorney's Office
On agenda: Final action: 1/20/2015
Title: Allocation of HOME Funds for 2005 Washington Avenue Renovation Resolved, that the application of HALO, Inc. for an allocation of HOME funds for the renovation of 2005 Washington Avenue is approved, per staff recommendation and subject to HALO obtaining the advice and consent of the Uptown organization. Further resolved, that the Mayor and City Clerk are authorized to execute an agreement and related documents with HALO, Inc., for the HOME funds. Fiscal Note: This action allocates $319,200.00 in HOME Investment Partnership funds for the rehabilitation of a vacant eight-unit apartment building. Five apartments will be used by HALO for permanent supportive housing. Three units will be available to income qualified renters from the general public. Total project cost is expected to be $626,990.00. There are HOME funds available for this purpose.
Sponsors: Raymond DeHahn
Related files: 14-10797
Sponsor
Alderman DeHahn
 
Title
Allocation of HOME Funds for 2005 Washington Avenue Renovation
 
Resolved, that the application of HALO, Inc. for an allocation of HOME funds for the renovation of 2005 Washington Avenue is approved, per staff recommendation and subject to HALO obtaining the advice and consent of the Uptown organization.
 
Further resolved, that the Mayor and City Clerk are authorized to execute an agreement and related documents with HALO, Inc., for the HOME funds.
 
Fiscal Note: This action allocates $319,200.00 in HOME Investment Partnership funds for the rehabilitation of a vacant eight-unit apartment building. Five apartments will be used by HALO for permanent supportive housing. Three units will be available to income qualified renters from the general public. Total project cost is expected to be $626,990.00. There are HOME funds available for this purpose.