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Resolution 7879
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Resolution 7879
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4/4/2023 11:06:07 AM
Creation date
4/4/2023 11:02:46 AM
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Resolutions
Resolution Number
7879
Date
3/29/2023
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RESOLUTION Page 3 of 5 <br />Rehabilitation loans and administration costs to conduct home <br />improvement projects for low-income homeowners and downtown multi- <br />family structures. <br />Homage: Minor Home Repair (Housing) <br />Minor home repairs for low-income senior and disabled homeowners. $185,000.00 <br />TOTAL NON-PUBLIC SERVICE $1,290,263.00 <br />CDBG Administration $170,000.00 <br />TOTAL CDBG $1,590,263.00 <br />2.Projects to be funded with HOME funds: <br />Public Service & Non-Public Service Projects (Priority) Funding <br />Tenant Based Rental Assistance (Housing) <br />Funds to provide rental assistance to low-income households. Agency to be <br />determined in coordination with Snohomish County Human Services. <br />$160,000.00 <br />Community Housing Improvement Program (Housing) <br />Loans to conduct home improvement projects for low-income homeowners. $240,000.00 <br />TOTAL HOME $400,000.00 <br />3.Projects to be funded with 2060 Affordable Housing Trust Funds <br />Public Service Projects (Priority) Funding <br />Cocoon House: Cocoon House Transitions (Youth Shelter) <br />Support transitional housing shelter and supportive service costs for <br />homeless and at-risk youth. <br />$41,500.00 <br />Domestic Violence Services: Emergency Shelter (Shelter) <br />Support emergency shelter and service costs for victims and families of <br />domestic violence. <br />$45,000.00 <br />Interfaith: Family Shelter (Shelter) <br />Support emergency shelter and service costs for homeless families. $65,010.00 <br />TOTAL 2060 AHTF $151,510.00 <br />TOTAL CDBG, HOME, 2060 AHTF AWARDS $2,141,773.00 <br />4.Revenue to be received: <br />Funding Source Funding Level <br />2023 Community Development Block Grant (CDBG) $859,155.00 <br />Prior Program Year (2018 – 2021) Uncommitted CDBG Funds $731,108.00 <br />HOME Program Funds $400,000.00 <br />2060 Affordable Housing Trust Funds (AHTF) $151,510.00 <br />TOTAL $2,141,773.00
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