HomeMy WebLinkAbout16599 1 RESOLUTION NO. 16,599
2
3 A RESOLUTION TO AMEND THE 2021-2025 CONSOLIDATED PLAN
4 AND 2022 ANNUAL ACTION PLAN; AND TO AMEND SOURCES AND
5 USES OF 2022 CDBG, HOME AND HOPWA FUNDS; TO SET A PUBLIC
6 HEARING FOR MARCH 4, 2025, AT 6:00 P.M.; AND FOR OTHER
7 PURPOSES.
8
9 WHEREAS, as part of the Annual Action Plan which must be submitted to the U.S. Department of
10 Housing&Urban Development("HUD"),the City must suggest the sources of uses of certain funds to be
11 received 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 citizenship participation,including two(2)virtual meetings and three(3)meetings throughout the City and
22 a sixteen (16)-member Consolidated Planning Committee; the Consolidated Planning Committee
23 developed a slate of projects to recommend for Board approval of the proposed uses of the 2022 CDBG,
24 HOME and HOPWA Funding; and,
25 WHEREAS,the City will amend the 2021-2025 Consolidated Plan and 2022 Action Plan to include
26 Facility-Based Housing, Capital Development and Homebuyer Assistance as activities. A reallocation of
27 CDBG funds from previous allocation of Five Thousand Nine Hundred Sixty-Five and 50/100 Dollars
28 ($5,965.50) will increase the 2022 funding to One Million Five Hundred Thirty-Nine Thousand Four
29 Hundred Eighty-Three and 50/100 Dollars ($1,539,483.50) and be an addition to owner-occupied
30 rehabilitation.A reallocation of HOME funds from previous allocation of Two Hundred Thousand Dollars
31 ($200,000)will increase the 2022 funding to One Million Four Hundred Eighty Thousand Sixty-Nine and
32 27/100 Dollars ($1,480,069.27) and be an addition for Homebuyer Assistance. A reallocation of 2022
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1 HOPWA funds will add Five Hundred Fifty Thousand Dollars ($550,000) to Facility-Based
2 Housing/Capital Development; and
3 WHEREAS, as a regulatory requirement, a public hearing must be conducted regarding proposed
4 amendments to the Consolidated Plan,Annual Action Plan and sources and uses of 2022 CDBG, HOME
5 and HOPWA funding according to the U.S. Department of Housing and Urban Development to allow
6 maximum citizen input;and
7 WHEREAS, a public hearing shall be set for March 4, 2025, at 6:00 p.m. to amend the 2021-2025
8 Consolidated Plan and 2022 Annual Action Plan to include Facility-Based Housing, Capital Development
9 and Homebuyer Assistance; and,
10 WHEREAS,the Consolidated Planning Committee has amended its recommendation of sources and
11 uses allocation of funds to the Board for the 2022 CDBG,HOME and HOPWA Funds included in the City's
12 Annual Plan based upon the fmal HUD allocation as shown in Section 1 below.
13 NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY
14 OF LITTLE ROCK,ARKANSAS:
15 Section 1. The 2021-2025 Consolidated Plan and 2022 Annual Action Plan proposed sources and
16 uses of funding are amended as shown in Exhibit A attached:
17 Section 2. The Board of Directors calls on the Mayor and City Manager to give,at minimum,a bi-
18 annual update to the City Board on the progress of work performed pursuant to this resolution.
19 Section 3. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or
20 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or
21 adjudication shall not affect the remaining portions of the resolution on which shall remain in full force and
22 effect as if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the
23 resolution.
24 Section 4. Repealer. All laws,resolutions,or parts of the same that are inconsistent with the provisions
25 of this resolution,are hereby repealed to the extent of such inconsistency.
26 ADOPTED: February 18,2025
27 ATTEST: APPROVED:
28
29 WW1
'
30 Allison Segars,City C Frank Scott,Jr.,Mayor
31 APPROVED AS TO LEGAL FORM: SPONSOR:
32
33 4144441 v-
.4_
34 Thomas M.Carpenter,City orney
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1 EDIT A
2022 CONSOLIDATED PLANNING
2ND AMENDED SOURCES AND USES OF FUNDING
BASED ON 2022 ALLOCATION
COMMUNITY DEVELOPMENT BLOCK GRANT:
SOURCES: AMOUNTS
PROJECTED 2022 CDBG ALLOCATION $ 1,513,518.00
REALLOCATED FUNDS $ 25,965.50
TOTAL __, $ 1,539,483.50
USES:
* OWNER-OCCUPIED REHABILITATION $ 966,779.90
LAND BANK $ 10,000.00
CARELINK-MEALS ON WHEELS $ 60,000.00
CHI-ST.VINCENT EAST CLINIC $ 200,000.00
ADMINISTRATION(20%) $ 302,703.60
TOTAL $ 1,539,483.50
•
HOME INVESTMENT PARTNERSHIP PROGRAM:
SOURCES: - -- - - --- - - -
- - - -
PROJECTED 2022 HOME ALLOCATION $ 845,015.00
2021 PROGRAM INCOME $ _-_.- ---435,054.27
REALLOCATED FUNDS $ 200,000.00
TOTAL $ 1,480,069.27
USES:
*NEW CONSTRUCTION(2021 PROGRAM INCOME) $ 391,548.84
* NEW CONSTRUCTION $ 633,761.25
HOMEBUYER ASSISTANCE $ 200,000.00
CHDO SET-ASIDE: $ 126,752.25
ADMINISTRATION(10%OF 2021 PROGRAM INCOME) $ 43,505.43
ADMINISTRATION $ 84,501.50
TOTAL $ 1,480,069.27
HOUSING OPPORTUNITIES FOR PERSONS WITH AIDS:
SOURCES:
PROJECTED 2022 HOPWA ALLOCATION $_ 931,782.00
TOTAL $ 931,782.00
USES:
HOUSING ASSISTANCE AND RELATED SUPPORTIVE SERVICES $ 353,828.54
HOPWA FACILITY-BASED HOUSING(CAPITOL DEVELOPMENT) $ 550,000.00
GRANTEE ADMINISTRATION $ 27,953.46
TOTAL $ 931,782.00
2 * PORTION OF THESE FUNDS WILL BE UTILIZED IN THE CITY OF LITTLE ROCK OPPORTUNITY ZONES.
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