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Community Housing Improvement Program (CDBG) <br /> Rehabilitation Administration $245,000.00 <br /> Community Housing Improvement Program (HOME) <br /> Housing Improvement Loans $304,214.00 <br /> Total $1,099,201.59 <br /> Total(Public Services&Non-Public Services) $1,226,778.04 <br /> Budget Sources <br /> 2012 CDBG Entitlement $770,643.00 <br /> 2012 HOME funds $304,214.00 <br /> 2012 Housing Trust 2060 Funds $137,648.22 <br /> CDBG Reallocations <br /> 2009 Deaconess Children's Services $1,282.00 <br /> 2010 Deaconess Children's Services $10,698.00 <br /> Housing Trust 2060 Funds Reallocations <br /> Interfaith $1,006.63 <br /> Friends of Youth $1,286.19 <br /> Total Budget Sources $1,226,778.04 <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 <br /> review and approval. <br /> 3. 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 /> 4. 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 /> 5. All payments and income from the Housing Rehabilitation Program(Fund 197)will be used for CHIP <br /> housing rehabilitation and administrative purposes and other purposes described in this resolution. <br /> This is estimated at$300,000.00 for 2012. <br /> 6. All payments and income from the Homesight and Parkview Services down payment assistance <br /> programs will be used for down payment assistance. This is estimated at$30,000.00 for 2012. <br /> 7. Capital projects such as recreation and park facilities, club facilities,health care facilities and similar <br /> facilities using Community Development Block Grant funds are required to match funds at a minimum <br /> of a 50/50 match. <br /> 8. Housing and capital projects funded with Community Development Block Grant,HOME, and Housing <br /> Trust(2060)funds will be loans with terms an conditions brought back in contract form for City <br /> Council approval unless there is other direction given in this resolution. This does not include loans <br />