Laserfiche WebLink
Community Housing Improvement Program <br /> Administration(CDBG) $376,429.00 <br /> Community Housing Improvement Program <br /> Rehabilitation Loans ($13,517.00 Reallocated HOME, $69,109.00 $267,584.10 <br /> CDBG, $184,958.10 CDBG Stimulus) <br /> Home for Good <br /> Low Income Housing ($200,000.00 Reallocated HOME) $200,000.00 <br /> Parkview Services <br /> Homeownership Assistance (37,195.00 Reallocated HOME, $80,305.00 $141,528.00 <br /> HOME, $14,880.00 ADDI) <br /> Boys & Girls Club <br /> Casino Road Club Improvements (CDBG) $47,096.00 <br /> Washington Home of Your Own <br /> A Place of Your Own (2060) $90,000.00 <br /> Total: $2,014,251.60 <br /> Total (Public Services&Non-Public Services) $2,191,001.50 <br /> Budget Sources <br /> 2009 CDBG Entitlement $928,507.00 <br /> 2009 CDBG Stimulus $249,826.00 <br /> 2009 HOME funds $479,323.00 <br /> CHIP Fund 197 Funds $68,860.00 <br /> 2008 Housing Trust 2060 Funds $198,893.50 <br /> 2007 & 2008 ADDI Funds $14,880.00 <br /> Reallocations <br /> 2007/2008 WAHOYO (HOME) $250,712.00 <br /> Total Budget Sources $2,191,001.50 <br /> 2. If the Department of Housing and Urban Development reduces or increases this allocation, each item <br /> will be reduced or increased an equal percentage, including the Community Housing Improvement <br /> Program and Community Development Block Grant Administration. If a reduction is large enough to <br /> cause a burden, as determined by the staff, a new budget will be returned to the City Council for review <br /> and approval. <br /> 3. If HUD does not allow CDBG Stimulus funds to be used for public services, any CDBG Stimulus funds <br /> designated for public services in this resolution will be used for CHIP single family rehabilitation loans. <br /> 4. The Mayor is hereby authorized to make formal application to the U.S. Department of Housing and <br /> Urban Development for funding assistance in accordance with this Resolution and the requirements of <br /> such application. <br /> 5. This Resolution will become part of the formal application to the U.S. Department of Housing and <br /> Urban Development and to the State of Washington. <br /> 6. All payments and income from the Housing Rehabilitation Program (Fund 197)will be used for CHIP <br /> housing rehabilitation purposes other than described in this resolution. This is estimated at $200,000.00 <br /> for 2009. <br />