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09-4105
| A | | 2010 CDBG Oral Presentations | Communication | Subject: (Direct Referral) Development of 2010 Community Development Block Grant (CDBG) Funding Allocation. (Res.10-1821)
Recommendation of the Community Development Committee on 1-07-2010: That the 2010 Community Development Block Grant (CDBG) funds be allocated as shown on the attachment; further recommends that any funds in excess of those allocated be placed in the Local Option Fund and that any funding shortfall be compensated from the Local Option Fund; further recommends that the appropriate city officials be directed and authorized to execute the appropriate documents to secure the grant funding; and further recommends that the appropriate city officials be authorized to execute third-party agreements with agencies and organizations approved for use of the funds.
Fiscal note: A grant award of $2,100,000 is expected. | Recommended For Approval | |
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09-4386
| A | | Cornelius HOME request | Communication | Subject: Request of Michael Cornelius for additional HOME Housing Investment Partnerships funds. (Res.10-1842)
Recommendation of the Community Development Committee on 1-07-2010: That a mortgage loan in an amount up to $40,000 at zero percent interest with payment deferred for fifteen years from the time of closing and no prepayment penalties, be made for rehabilitation of 1515 Taylor Avenue, Racine subject to the following conditions: no outstanding liens or judgments on the property; no delinquent property taxes; good credit; property insurance in force at least equal to the amount of all mortgages on the property; rents to remain affordable under the federal HOME Housing Investment Partnerships program regulations; and all funds to be invested in improvements to the property.
Fiscal Note: There are sufficient funds for this request. | Recommended For Approval | Pass |
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09-4581
| A | | NHS CDBG budget revision request | Communication | Subject: Request of Neighborhood Housing Services (NHS) of Southeast Wisconsin to revise their 2009 Community Development Block Grant (CDBG) program budget. (Res.10-1822)
Recommendation of the Community Development Committee on 1-07-10: That the request of Neighborhood Housing Services of Southeast Wisconsin to revise their 2009 Community Development Block Grant (CDBG) program budget be approved.
Fiscal Note: There is no effect on the amount of funds allocated. | Recommended For Approval | Pass |
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09-4539
| A | | Anti-Displacement Plan | Communication | Subject: Request from the Department of City Development to adopt an Anti-Displacement and Relocation Plan for HUD Assisted Projects per HUD requirements. (Res.10-1823)
Recommendation of the Community Development Committee on 1-07-10: That the Anti-Displacement and Relocation Plan for HUD-Assisted Projects be approved as presented.
Fiscal Note: N/A | Recommended For Approval | Pass |
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