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3 <br /> approved by the Community Housing Improvement Program Loan Review Committee. The loans for <br /> the housing projects will be paid back to the City of Everett. For rehabilitation projects using Rental <br /> Rehabilitation funds there is a minimum of a 50/50 match for these funds now and in the future <br /> 9. For all Public Service Funding programs,Interfaith Association Operations,Cocoon House operations <br /> and building purchase,Everett Gospel Mission improvements, Snohomish County Weatherization, <br /> Friends of Youth,Boys and Girls Club improvements,and Minor Home Repair approved in this <br /> resolution,the Mayor is authorized to execute the contracts and necessary documents to implement the <br /> approved projects <br /> • <br /> 10. The required application forms and information are to be sent to the U.S. Department of Housing and <br /> Urban Development to complete all application requirements and the Mayor is authorized to sign and <br /> provide the needed documents. <br /> 11. The 2012 Action Plan is hereby approved to be submitted to the U.S. Department of Housing and <br /> • <br /> • Urban Development and to complete all application submittal requirements. <br /> 12. The first priority for HOME funds is for CHIP housing rehabilitation loans, and those funds shall be <br /> allocated to the CHIP program as long as they are needed to fund housing rehabilitation loans. <br /> 13. Up to $300,000.00 in CHIP CDBG loan funds(Fund 197)may be used for downtown building <br /> improvements through a loan program with the same loan rates and terms of owner occupied CHIP <br /> loans. <br /> Councilman Introducing Resolution <br /> PASSED AND APPROVED BY CITY COUNCIL THIS DAY OF , 2012. <br /> Council President <br /> • <br /> • <br /> 17 <br />