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15566 1 RESOLUTION NO. 15,566 2 3 A RESOLUTION TO SET DECEMBER 21, 2021, AS THE DATE OF 4 PUBLIC HEARING REGARDING THE SOURCES AND USES OF FUNDS 5 PROVIDED IN THE 2022 CDBG, HOME AND HOPWA FUNDS FROM 6 THE UNITED STATES GOVERNMENT; AND FOR OTHER PURPOSES. 7 8 WHEREAS,as a regulatory requirement,a public hearing must be conducted regarding proposed uses 9 of 2022 CDBG,HOME and HOPWA Funding which the City expects to receive from the U.S.Department 10 of Housing and Urban Development;and, 11 WHEREAS, the City's projected 2022 entitlements total Two Million, Nine Hundred Eighteen 12 Thousand,Three Hundred Seventy-Two Dollars($2,918,372.00); funding in the amount of Three Million, 13 One Hundred Seventy-Three Thousand, Four Hundred Twenty-Six and 27/100 Dollars($3,173,426.27) is 14 also available,including Two Hundred Thirty-Five Thousand,Fifty-Four and 27/100 Dollars($235,054.27) 15 in 2021 Program Income; and Twenty Thousand Dollars($20,000.00) in reallocated funds; and, 16 WHEREAS,the proposed uses of the City's 2022 Entitlement Funds were developed with extensive 17 citizen participation, including two (2) virtual meeting and three (3) meetings throughout the City and a 18 sixteen(16)-member Consolidated Planning Committee; and prior to this public hearing,the Consolidated 19 Planning Committee developed a slate of projects to recommend for Board approval so that the public 20 hearing will give citizens an additional opportunity to review and comment on the proposed uses of the 21 2022 CDBG, HOME and HOPWA Funding; and, 22 WHEREAS, the Consolidated Planning Committee will submit an allocation of funds as its 23 recommendation to the Board. 24 NOW,THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY 25 OF LITTLE ROCK,ARKANSAS: 26 Section 1. The 2022 Consolidated Planning Proposed Sources and Uses of Funding is attached as 27 Exhibit A. 28 Section 2. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or 29 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or 30 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and 31 effect as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of the 32 resolution. 33 Section 3. Repealer. All resolutions, bylaws, and other matters inconsistent with this resolution are 34 hereby repealed to the extent of such inconsistency. 35 ADOPTED: December 7,2021 'Page I of 3] 1 ATTES • APPROVED: 2 3 4 Su_''ipito City Clerk Frank Scott,Jr.,M 5 AP' e E l • S TO LEGAL FORM: 6 7 �• 8 Thomas M. Carpenter, City Attorn 9 // 10 // 11 // 12 // 13 // 14 // 15 // 16 // 17 // 18 // 19 // 20 // 21 // 22 // 23 // 24 // 25 // 26 // 27 // 28 // 29 // 30 // 31 // 32 // 33 // 34 // 35 // [Page 2 of 3] Exhibit A 2022 CONSOLIDATED PLANNING SOURCES AND USES OF FUNDING COMMUNITY DEVELOPMENT BLOCK GRANT: SOURCES: AMOUNTS PROJECTED 2022 CDBG ALLOCATION $ 1,553,622.00 REALLOCATED FUNDS $ 20,000.00 TOTAL S 1,573,622.00 USES: * OWNER-OCCUPIED REHABILITATION $ 992,897.60 LAND BANK $ 10,000.00 CARELINK-MEALS ON WHEELS $ 60,000.00 CHI-ST. VINCENT EAST CLINIC $ 200,000.00 ADMINISTRATION(20%) $ 310,724.40 TOTAL $ 1,573,622.00 HOME INVESTMENT PARTNERSHIP PROG RAM: SOURCES: PROJECTED 2022 HOME ALLOCATION $ 738,126.00 2021 PROGRAM INCOME $ 235,054.27 TOTAL S 973,180.27 USES: * NEW CONSTRUCTION(2021 PROGRAM INCOME) $ 211,548.84 * NEW CONSTRUCTION $ 553,594.50 CHDO SET-ASIDE: $ 110,718.90 ADMINISTRATION(10%OF 2021 PROGRAM INCOME) $ 23,505.43 ADMINISTRATION $ 73,812.60 TOTAL $ 973,180.27 HOUSING OPPORTUNITIES FOR PERSONS WITH AIDS: SOURCES: PROJECTED 2022 HOPWA ALLOCATION $ 626.624.00 TOTAL $ 626,624,QQ USES: HOUSING ASSISTANCE AND RELATED SUPPORTIVE SERVICES $ 563,961.60 PROJECT SPONSORS ADMINISTRATION $ 43,863.68 GRANTEE ADMINISTRATION $ 18,798.72 TOTAL $ 626,624.00 * PORTION OF THESE FUNDS WILL BE UTILIZED IN THE CITY OF LITTLE ROCK OPPORTUNITY ZONES. [Page 3 of 31