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Home My WebLink About15432 1 RESOLUTION NO. 15,432 2 3 A RESOLUTION TO SET MAY 4, 2021, AS THE DATE OF PUBLIC 4 HEARING REGARDING THE SOURCES AND USES OF FUNDS 5 PROVIDED IN THE 2021 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 9 uses of 2021 CDBG, HOME and HOPWA Funding which the City expects to receive from the United 10 States Department of Housing and Urban Development;and, 11 WHEREAS, the City's projected 2021 entitlements total Three Million, Two Hundred Forty-Two 12 Thousand, Seven Hundred Seventeen and 17/100 Dollars ($3,242,717.17); funding in the amount of Two 13 Million, Eight Hundred Ninety-Five Thousand, Eight Hundred Nine Dollars ($2,895,809.00) is available, 14 including Three Hundred Six Thousand, Nine Hundred Eight and 17/100 Dollars ($306,908.17) in 2020 15 Program Income; and Forty Thousand Dollars($40,000.00) in reallocated funds; and, 16 WHEREAS,the proposed uses of the City's 2021 Entitlement Funds were developed with extensive 17 citizen participation, including five(5)virtual 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 give citizens 20 an additional opportunity to review and comment on the proposed uses of the 2021 CDBG, HOME and 21 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 2021 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. [Page 1 of 3] 1 ADOPTED: April 20,2021 2 ATTEST: APPROVED: 4A 104 qrsNib. 5 Allison Segars,D`" City Clerk Frank Scott,Jr., ayor 6 APPROVED AS TO LEGAL FORM: 7 8 a74401.41 9 Thomas M. Carpenter, City ttorney 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 3i 2021 CONSOLIDATED PLANNING PROPOSED SOURCES AND USES OF FUNDING COMMUNITY DEVELOPMENT BLOCK GRANT: SOURCES: AMOUNTS PROJECTED 2021 CDBG ALLOCATION $ 1,531,059.00 REALLOCATED FUNDS $ 40,000.00 TOTAL $ 1,571,059.00 USES: * OWNER-OCCUPIED REHABILITATION $ 935,847.20 CARELINK-MEALS ON WHEELS $ 60,000.00 WINSTON-SALEM INDUSTRIES FOR THE BLIND DBA IFB SOLU- TIONS $ 40,000.00 MINISTRY OF INTERCESSION DBA BRIDGE 2 SUCCESS $ 36,000.00 THE SALVATION ARMY $ 18,000.00 CHI-ST.VINCENT EAST CLINIC $ 175,000.00 ADMINISTRATION $ 306,211.80 TOTAL $ 1,571,059.00 HOME INVESTMENT PARTNERSHIP PROGRAM: SOURCES: PROJECTED 2021 HOME ALLOCATION $ 738,126.00 2020 PROGRAM INCOME $ 306,908.17 TOTAL $ 1,045,034.17 USES: * ACQUISITION/REHABILITATION(2020 PROGRAM INCOME) $ 276,217.35 * NEW CONSTRUCTION $ 553,594.50 CHDO SET-ASIDE: $ 110,718.90 ADMINISTRATION(10%OF 2020 PROGRAM INCOME) $ 30,690.82 ADMINISTRATION $ 73,812.60 TOTAL $ 1,045,034.17 HOUSING OPPORTUNITIES FOR PERSONS WITH AIDS: SOURCES: PROJECTED 2021 HOPWA ALLOCATION $ 626,624.00 TOTAL $ 626,624.00 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 OP- * PORTUNITY ZONES. Page 3 of 3]