Resolution 6850 - Laserfiche WebLink

8. Housing and capital projects funded with Community Development Block Grant, HOME, and Housing Trust(2060) funds will be loans with terms and conditions brought back in contract form for City Council approval unless there is other direction given in this resolution. This does not include loans approved by the Community Housing Improvement Program Loan Review Committee. The loans for the housing projects will be paid back to the City of Everett. For rehabilitation projects using Rental Rehabilitation funds there is a minimum of a 50/50 match for these funds now and in the future 9. For the following programs/projects: Interfaith Association operations, Cocoon House operations, Domestic Violence Services operations, Kennedy Court, Parkview Services First Time Homebuyers, Boys and Girls Club Improvements, Minor Home Repair, Habitat for Humanity, and all Public Service funding approved in this resolution, the Mayor is authorized to execute the contracts and necessary documents to implement the approved projects 10. The required application forms and information are to be sent to the U.S. Department of Housing and Urban Development to complete all application requirements and the Mayor is authorized to sign and provide the needed documents. 11. The 2015 Annual Action Plan and the 2015 to 2019 Consolidated Plan is hereby approved to be submitted to the U.S. Department of Housing and Urban Development and to complete all application submittal requirements. 12. The first priority for HOME funds is for CHIP housing rehabilitation loans, and those funds shall be allocated to the CHIP program as long as they are needed to fund housing rehabilitation loans. 13. Up to $300,000.00 in CHIP CDBG loan funds (Fund 197)may be used for downtown building improvements through a loan program with the same loan rates and terms of owner occupied CHIP loans. 14. The year from which the HOME funds will come from will be worked out with Snohomish County within the Snohomish County HOME contracts going to City Council. 15. In future years the annual Community Development Block Grant Administration funding will the amount allowed from the annual grant and will be set aside and no application made in the committee process. This is being done as a time saving action and because of the need to be more efficient with staff time. 16. The 2015 to 2019 Consolidated Plan is hereby adopted. :��'1 ' Introducing ' lutio' PASSED AND APPROVED BY CITY COUNCIL THIS DAY OF May , 2015. Council President