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CDBG Reallocations <br /> 2015 YMCA Childcare $7,523 <br /> 2016 ParkView Services $11,380 <br /> Minor Home Repair $9,534 <br /> Assistance League $953 <br /> Housing Social Services $9,858 <br /> Housing Trust 2060 Funds Reallocation <br /> 2017 2060 Interest $4,574 <br /> Total Budget Sources $1,495,676 <br /> 2. In the event the Tenant Based Rental Assistance (TBRA) program for CHART clients is not able <br /> to meet HUD specified spending deadlines, the TBRA may be expanded in coordination with <br /> Snohomish County to serve other qualifying clients in addition to CHART clients in Snohomish <br /> County with first priority given to City of Everett residents. This expansion is to ensure that all <br /> HUD funds available to the community are able to be spent for the benefit of the community. <br /> 4. The Mayor is hereby authorized to make formal application to the U.S. Department of Housing <br /> and Urban Development for funding assistance in accordance with this Resolution and the <br /> requirements of such application. <br /> 5. 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 /> 6. All payments and income from the Housing Rehabilitation Program (Fund 197) revolving loan <br /> fund will be used for CHIP housing rehabilitation and administrative purposes. This is estimated <br /> at$300,000.00 for 2017. <br /> 7. Capital projects such as recreational facilities, club facilities, health care facilities and similar <br /> facilities using Community Development Block Grant funds are required to match funds at a <br /> minimum of a 50/50 match. <br /> 8. Housing and capital projects funded with Community Development Block Grant, HOME, and <br /> Housing Trust (2060) funds will be loans with terms and conditions brought back in contract form <br /> for City Council approval unless there is other direction given in this resolution. This does not <br /> include loans approved by the Community Housing Improvement Program Loan Review <br /> Committee. The loans for the housing projects will be paid back to the City of Everett unless loan <br /> forgiveness terms are negotiated on a project specific basis. 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 the following programs/projects: Interfaith Association operations, Cocoon House operations, <br /> Domestic Violence Services operations, Minor Home Repair, Cocoon House Colby Avenue Youth <br /> Shelter, Everett Housing Authority for Baker Heights Townhouses, , and all Public Service <br /> funding approved in this resolution,the Mayor is authorized to execute the contracts and necessary <br /> documents to implement the approved projects. <br /> 3 <br />