Loading...
HomeMy WebLinkAbout15703 RESOLUTION NO. 15,703 2 3 A RESOLUTION TO AMEND LITTLE ROCK, ARK., RESOLUTION NO. 4 15,599 (DECEMBER 21, 2021) THAT APPROVED THE INCLUSIONS OF 5 THE CDBG, HOME AND HOPWA SOURCES AND USES OF THE 2022 6 FUNDS FROM THE UNITED STATES GOVERNMENT IN THE CITY'S 7 ANNUAL PLAN; AND FOR OTHER PURPOSES. 8 9 WHEREAS,as a part of the Annual Plan which must be submitted to the U.S. Department of Housing 10 & Urban Development("HUD"), the City must suggest the sources of uses of certain funds to be received 11 from HUD; and, 12 WHEREAS,on December 21,2021,the Mayor and members of the Board of Directors("the Board") 13 of the City of Little Rock, Arkansas("City")approved Little Rock,Ark. Resolution 15,599(December 21, 14 2021)to include the City's projected 2022 Entitlements which totaled Two Million,Nine Hundred Eighteen 15 Thousand, Three Hundred Seventy-Two Dollars ($2,918,372.00); and funding in the amount of Three 16 Million, One Hundred Seventy-Three Thousand, Four Hundred Twenty-Six and 27/100 Dollars 17 ($3,173,426.27) which was also available, including Two Hundred Thirty-Five Thousand, Fifty-Four and 18 27/100 Dollars ($235,054.27) in 2021 Program Income; and Twenty Thousand Dollars ($20,000.00) in 19 reallocated funds; and, 20 WHEREAS,the proposed uses of the City's 2022 Entitlement Funds were developed with extensive 21 citizen participation, including two (2) virtual meetings and three (3) meetings throughout the City and a 22 sixteen(16)-member Consolidated Planning Committee;the Consolidated Planning Committee developed 23 a slate of projects to recommend for Board approval of the proposed uses of the 2022 CDBG, HOME and 24 HOPWA Funding; and, 25 WHEREAS,after public hearings were conducted during the process to allow maximum citizen input; 26 the Consolidated Planning Committee selected projects to be funded during the 2022 Program Year that 27 were presented for approval; and, 28 WHEREAS,on June 7, 2022,the Mayor and members of the Board of Directors("the Board")of the 29 City of Little Rock, Arkansas("City")approved Little Rock,Ark. Resolution No. 15,703 (June 7,2022)to 30 amend the City's projected 2022 Entitlements which totaled Three Million, Two Hundred Ninety Thou- 31 sand,Three Hundred Fifteen Dollars($3,290,315.00); and funding in the amount of Three Million, Seven 32 Hundred Forty-Five Thousand,Three Hundred Sixty-Nine and 27/100 Dollars($3,745,369.27)which was 33 also available,including Four Hundred Thirty-Five Thousand,Fifty-Four and 27/100 Dollars($435,054.27) 34 in 2021 Program Income; and Twenty Thousand Dollars($20,000.00) in reallocated funds; and, [Page 1 of 31 1 WHEREAS,the Consolidated Planning Committee has amended its recommendation of the sources 2 and uses allocation of funds to the Board of sources and uses of 2022 CDBG, HOME and HOPWA Funds 3 included in the City's Annual Plan based upon the final HUD allocation as shown in Section 1 below. 4 NOW,THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY 5 OF LITTLE ROCK,ARKANSAS: 6 Section 1. The 2022 Consolidated Planning Proposed Sources and Uses of Funding (Final HUD 7 Allocation), as amended, are: 8 (a) Community Development Block Grant: 9 (i) Sources 10 (A)2022 CDBG Allocation $ 1,513,518.00 11 (B) Reallocated Funds 20,000.00 12 TOTAL SOURCES $ 1,533,518.00 13 (ii) Uses 14 (A)Owner-Occupied Rehabilitation $ 960,814.40 15 (B) Landbank 10,000.00 16 (C)CARELINK—Meals on Wheels-- 60,000.00 17 (D)CHI–St. Vincent East Clinic 200,000.00 18 (E) Administration 302,703.60 19 TOTAL: Community Development Block Grant $ 1,533,518.00 20 (b) Home Investment Partnership Program: 21 (i) Sources 22 (A)2022 HOME Allocation $ 845,015.00 23 (B) Program Income 435,054.27 24 TOTAL SOURCES $ 1,280,069.27 25 (ii) Uses 26 (A)New Construction (2021 Program Income) * $ 391,548.84 27 (B) New Construction * 633,761.25 28 (C)CHDO Set-Aside 126,752.25 29 (D) Administration (10%of 2021 Program Income) 43,505.43 30 (E) Administration 84,501.50 31 TOTAL: Home Investment Partnership Program $ 1,280,069.27 32 (c) Housing Opportunities for Persons with AIDS: 33 (i) Sources 34 (A)2022 HOPWA Allocation $ 931,782.00 35 TOTAL SOURCES $ 931,782.00 Page 2 of 3] 1 (ii) Uses 2 (A)Housing Assistance and Related Supportive Services $ 838,603.80 3 (B) Project Sponsors Administration 65,224.74 4 (C)Grantee Administration 27,953.46 5 TOTAL: Housing Opportunities for Persons with AIDS $ 931,782.00; 6 *PORTION OF THESE FUNDS WILL BE UTILIZED IN THE CITY OF LITTLE ROCK 7 OPPORTUNITY ZONES 8 Section 2. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or 9 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or 10 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and 11 effect as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of the 12 resolution. 13 Section 3. Repealer. All resolutions, bylaws, and other matters inconsistent with this resolution are 14 hereby repealed to the extent of such inconsistency. 15 ADOPTED: June 7,2022 16 APPROVED: 17 18 Ery^ 19 usa l L• i gle , arty Clerk Frank Scott,J� 20 APP VED AS TO LEGAL FORM: 21 22 kiMetoter7 711 23 Thomas M. Carpenter,City Attorne 24 // 25 // 26 // 27 // 28 // 29 // 30 // 31 // 32 // 33 // 34 // 35 // 'Page 3 of 31