Sponsor
Alderman Spangenberg
Title
2008 HOME Housing Investments Partnership Grant
Resolved, that the following 2008 HOME Housing Investment Partnerships grant funds be recommended for approval:
Applicant Activity Name Requested Amount Recommended Amount
Transitional Housing Assist. $12,359 $12,359
Living Services Program
Corrine Reid Multi-Family $220,000 $57,000
Owens Square Housing-State
LLC & Silver Streets
Racine Habitat for New Construction $188,000 $188,000
Humanity
NHS of Southeast New Construction/ $315,000 $203,425
Wisconsin Rehabilitation
Racine/Kenosha Rent Assistance $30,000 $30,000
Community Action Program
Agency & The
Salvation Army
Racine Housing & CHDO Operating $25,000 $25,000
Neighborhood Funds
Partnership
Racine Department General $57,309
Of City Administrative Funds
Development
_____________________________________________________________
TOTAL $790,359 $573,093
Further resolved, that appropriate City officials be authorized and directed to execute and submit all necessary documents, on the City’s behalf, to the U.S. Department of Housing and Urban Development to secure the City’s 2008 HOME grant funds.
Further resolved, that appropriate City officials be authorized and directed to execute third-party contracts with agencies approved for use of the 2008 HOME grant funds.
Fiscal Note: A 2008 HOME grant of $573,093 has been approved.