Resolution 3555 - Laserfiche WebLink

• %rd. ,Alp RESOLUTION NO. 3555 EVERETT A resolution adopting the 1992 Comprehensive Housing Affordability Strategy- CHAS -as required by the Department of Housing and Urban Development. WHEREAS, the City of Everett is committed, as a matter of policy to the CHAS document and its goals; and WHEREAS, the City Council reaffirms that it is the policy of the City of Everett to be committed to the housing of very low income individuals as demonstrated in the projects accomplished in the city over the years; and WHEREAS, the City of Everett is adopting the CHAS as a five year document with the understanding that there may be needs for amendments annually; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EVERETT THAT: 1. The five highest needs in the City of Everett for housing are: -Housing for homeless,particularly transitional and permanent housing for families with children,youth,and victims of domestic violence, -Housing and rental assistance for special needs populations, -Affordable permanent rental housing,particularly for small and large family households with incomes less than 50% of the area median income, -Improved housing condition for the large number of existing low-income renters and homeowners living in units needing rehabilitation,and -Purchase assistance for low and moderate income first time homebuyers in targeted neighborhoods. 2. The five general priorities for the City of Everett are: -The housing needs of existing renter and owner occupied households with incomes below 50% of median income with preference to those below 30% of median income. -The preference to provide capital assistance to projects for homeless, special needs groups, renters and owners through acquisition or acquisition and/or moderate rehabilitation,with new construction or substantial rehabilitation as a second priority. -Homeless, special needs households,and families with children shall be given high priority for rental assistance.