2005/05/11 Council Agenda Packet

• 13 Description of Other Projects Recommended for Community Development Block Grant Funding in 2005 1. Interfaith Association — Shelter Improvements The Interfaith Association of Snohomish County provides an emergency shelter for families. These funds will be used for minor rehabilitation of the shelter. Recommended 2005 appropriated funds $28,865.00 2. Housing Hope — 2503 Howard Acquisition Housing Hope will use these funds to acquire and permenantly finance and existing 9-unit affordable housing development located at 2503 Howard Street. Recommended 2005 appropriated funds $200,000.00 3. Housing Hope — New Century Village Housing Hope will use these funds to develop a 25-unit affordable housing project adjacent to the New Century House property in south-central Everett. Recommended 2005 appropriated funds $260,000.00 4. Community Development Block Grant - Administration & Planning Administration is an important aspect of the CDBG program, making sure of the timely completion of projects and proper management of subgrantees. The planning aspect of the CDBG funding complements the physical improvements in the neighborhoods by promoting appropriate land use, historic preservation, and economic development planning. Recommended 2005 appropriated funds $175,900.00 5. Neighborhood Improvement Projects The City of Everett has allocated funds to the following Everett Neighborhoods: Riverside, Port Gardner, and Delta. The neighborhoods were surveyed in order to set priorities for the spending of CDBG funds. The neighborhood groups then develop strategies for spending the funds according to those priorities. How many of the priorities are completed depends on how far the funds will go, not all the priorities listed will get assistance. The funds for Neighborhood Improvement Projects are recommended to be spent as follows: 8 5