Laserfiche WebLink
1. Projects to be funded in 2018 Supplemental Funding Reallocation of funds <br /> Non- Public Service Projects Recommended <br /> Everett Housing Authority $110,000 <br /> Baker Heights Townhouses—CDBG (additional funding for a <br /> total of$250,000) <br /> Homage $80,000 <br /> Minor Home Repair—CDBG (additional funding for a total of <br /> $174,957) <br /> Parkview Service $135,000 <br /> Loans—Low Income Homebuyer Assistance - CDBG <br /> HopeWorks Station II Residential $219,067 <br /> Supportive Housing for homeless or formerly homeless <br /> individuals—AHTF 2060, 1990 AHTF <br /> Total Supplemental Projects $544,067 <br /> Budget Sources <br /> CDBG Entitlement funds $325,000 <br /> From reallocations of awards to: <br /> 2018 Community Housing Improvement Program $105,933 <br /> 2017 HopeWorks Station II $219,067 <br /> 2018 Housing Trust 2060 and 1990 Funds $219,067 <br /> From reallocation and program income: <br /> 2017 Community Housing Improvement Program $100,000 <br /> CHIP Program Income $119.067 <br /> Total Budget Sources $544,067 <br /> 2. Housing and capital projects funded with Community Development Block Grant and Housing <br /> Trust(2060 and 1990) funds will be loans with terms and conditions. <br /> 3. The Mayor is authorized to execute all loan agreements and other documents necessary to <br /> implement the projects approved in this resolution. <br /> 2 <br />