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HomeMy WebLinkAbout14972 1 RESOLUTION NO. 14,972 2 3 A RESOLUTION TO SET MAY 21, 2019, AS THE DATE FOR A PUBLIC 4 HEARING REGARDING THE SOURCES AND USES OF FUNDS 5 PROVIDED IN THE 2019 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 2019 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 2019 entitlements total Two Million, Nine Hundred Forty-Four 12 Thousand,Four Hundred Sixty-Three Dollars($2,944,463.00);funding in the amount of Two Million,Five 13 Hundred Sixty-Nine Thousand, One Hundred Twenty-Eight Dollars ($2,569,128.00) is also available, 14 including Three Hundred Seventy-Five Thousand, Three Hundred Thirty-Five Dollars ($375,335.00) in 15 2018 Program Income; and, 16 WHEREAS,the proposed uses of the City's 2019 Entitlement Funds were developed with extensive 17 citizen participation, including five (5) meetings throughout the City and a seventeen (17)-member 18 Consolidated Planning Committee; and prior to this public hearing,the Consolidated Planning Committee 19 developed a slate of projects to recommend for Board approval so that the public hearing will provide 20 citizens an additional opportunity to review and comment on the proposed uses of the 2019 CDBG,HOME 21 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 2019 Consolidated Planning Proposed Sources and Uses of Funding is attached as 27 Exhibit A. 28 Section 2. A public hearing shall be held on Tuesday,May 21,2019,at 6:00 PM,or as soon afterwards 29 as the item is reached upon the call of the Agenda, in the Board Chambers on the second floor of City Hall, 30 500 West Markham Street,Little Rock,Arkansas,to review and comment on the proposed uses of the 2018 31 CDBG,HOME and HOPWA Funding; 32 Section 3. The City Clerk is hereby directed to give notice of such hearing in the manner prescribed 33 by law by publication once a week for two (2) consecutive weeks in a newspaper published in Pulaski 34 County,Arkansas,and having a general circulation in the City of Little Rock. [Page 1 of 4] 1 Section 4. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or 2 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or 3 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and 4 effect as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of the 5 resolution. 6 Section 5. Repealer. All resolutions, bylaws, and other matters inconsistent with this resolution are 7 hereby repealed to the extent of such inconsistency. 8 ADOPTED: May 7,2019 9 AT 1151,,-" APPROVED: 10 I/i'1 11 '‘,,,i V 12 S 1iiit. • __. ey,City Clerk rank Scott,Jr., yor kJ.13 , '"`' IAS TO LEGAL FORM: 14 15 a" 14.63444-4'1 • I6.. 16 Thomas M.Carpenter,Ci Attorn 7 17 // 18 // 19 // 20 // 21 // 22 // 23 // 24 // 25 // 26 // 27 // 28 // 29 // 30 // 31 // 32 // 33 // 34 // 35 // [Page 2 of 4] 1 Exhibit A 2 2019 CONSOLIDATED PLANNING PROPOSED SOURCES AND USES OF FUNDING COMMUNITY DEVELOPMENT BLOCK GRANT: SOURCES: AMOUNTS 2019 CDBG ALLOCATION $ 1,451,550.00 TOTAL $ 1,451,550.00 USES: OWNER-OCCUPIED REHABILITATION $ 831,240.00 WORLD CHANGERS $ 50,000.00 HOMEBUYER COUNSELING $ 15,000.00 MAINSTREAM-WHEELCHAIR RAMPS $ 10,000.00 LRPD-YOUTH CAMP $ 20,000.00 CARELINK-MEALS ON WHEELS $ 60,000.00 CHI-ST.VINCENT EAST CLINIC $ 175,000.00 ADMINISTRATION $ 290,310.00 TOTAL $ 1,451,550.00 HOME INVESTMENT PARTNERSHIP PROGRAM: SOURCES: 2019 HOME ALLOCATION $ 622,121.00 2018 PROGRAM INCOME $ 375,335.00 TOTAL $ 997,456.00 USES: NEW CONSTRUCTION(2018 PROGRAM INCOME) $ 337,802.00 ACQUISITION/REHABILITATION $ 276,591.00 HOMEBUYER ASSISTANCE $ 190,000.00 CHDO SET-ASIDE: $ 93,318.00 ADMINISTRATION(10% OF 2018 PROGRAM IN- COME) $ 37,533.00 ADMINISTRATION $ 62,212.00 [Page 3 of 4] TOTAL S 997,456.00 HOUSING OPPORTUNITIES FOR PERSONS WITH AIDS: SOURCES: 2019 HOPWA ALLOCATION $ 495,457.00 TOTAL S 495,457.00 USES: HOUSING ASSISTANCE AND RELATED SUPPORTIVE SERVICES $ 445,911.30 PROJECT SPONSORS ADMINISTRATION $ 34,681.99 GRANTEE ADMINISTRATION $ 14,863.71 TOTAL S 495,457.00 PORTION OF THESE FUNDS WILL BE UTILIZED IN THE CITY OF LITTLE ROCK OP- PORTUNITY ZONES. 1 // 2 // 3 // 4 // 5 // 6 // 7 // 8 // 9 // 10 // 11 // 12 // 13 // 14 // 15 // 16 // 17 // 18 // 19 // 20 // [Page 4 of 4]