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File #: 14-10797    Version: A Name: HALO HOME Funds Request (Res No. 15-0026)
Type: Communication Status: Committee Report To Council
File created: 11/26/2014 In control: Community Development Committee
On agenda: Final action: 1/20/2015
Title: Subject: (Direct Referral) Application of HALO for an allocation of HOME Funds for the renovation of 2005 Washington Avenue. (Res No. 15-0026) Recommendation of the Community Development Committee on 12-4-14: That the application of HALO for an allocation of HOME Funds for the renovation of 2005 Washington Avenue be received and filed. Recommendation of the Community Development Committee on 1-7-15: That the application of HALO, Inc. for an allocation of HOME funds for the renovation of 2005 Washington Avenue be approved, per staff recommendation and subject to HALO obtaining the advice and consent of the Uptown organization. Further recommends that the Mayor and City Clerk be 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 hou...
Attachments: 1. HALO HOME App Memo
Related files: Res.15-0026
Title
Subject: (Direct Referral) Application of HALO for an allocation of HOME Funds for the renovation of 2005 Washington Avenue. (Res No. 15-0026)
 
Recommendation of the Community Development Committee on 12-4-14: That the application of HALO for an allocation of HOME Funds for the renovation of 2005 Washington Avenue be received and filed.
 
Recommendation of the Community Development Committee on 1-7-15: That the application of HALO, Inc. for an allocation of HOME funds for the renovation of 2005 Washington Avenue be approved, per staff recommendation and subject to HALO obtaining the advice and consent of the Uptown organization.
 
Further recommends that the Mayor and City Clerk be 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.