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RESOLUTION NO. 10,488
2
3 A RESOLUTION TO APPROVE THE PROJECTED
4 USES OF 1999 CDBG, HOME and ESG FUNDING;
5 AND FOR OTHER PURPOSES.
5
7 WHEREAS, during the City's 1999 Consolidated Planning process,
s neighborhood residents participated in determining the attached sources and uses of
9 projected 1999 CDBG, HOME and ESG funding, and
10 WHEREAS, the 1999 Consolidated Planning Committee has adopted the
11 attached sources and uses of projected funding, and
12 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF
13 DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS:
14 Section 1. The City Manager is authorized to approve the projected uses of the
15 1999 CDBG, HOME and ESG funding in accordance with the Consolidated Planning
15 Committee recommendations attached as Attachment A.
17 Section 2. The City is expected to receive $3,399,000 is CDBG, HOME, and
18 ESG funds from the U.S. Department of Housing and Urban Development and other
19 anticipated program income.
20 ADOPTED: March 2, 1999
21 ATTEST: APPROVED:
22 �1 /
23 C_.A �i.Lx��_.... 4 cA o ( a' Li�
24 Robbie Hancock, City Clerk B."yrick, Vice ayo
25 Acting Mayor
20 APPROVED AS TO LEGAL FORM:
27
28
29 Thomas M. Carpenter, 0 Attorney
30 H
-1-
67
1999 CONSOLIDATED PLANNING COMMITTEE
RECOMMENDATIONS FOR 1999 FUNDING
i it
COMMUNITY DEVELOPMENT BLOCK GRANT:
PROJECTED PROGRAM INCOME - CITY OF LITTLE ROCK $ 92,000
SECTION 108 LOAN REPAYMENTS:
KRAMER SCHOOL $ 92,000
LEE SCHOOL $142,500
INFRASTRUCTURE $472,500
(Madison Heights, Swaggerty Branch, Black Rd., Maryland Ave.)
OWNER - OCCUPIED REHABILITATION
LIMITED HOME REPAIR (MATCH FOR EC & AHP) $638,000 **
HOMEBUYER ASSISTANCE GRANTS $100,000
DEMOLITION OF SUBSTANDARD STRUCTURES $ 50,000
NWH COMMUNITY COMPLEX $301,000
WEST 40TH STREET - WHITFIELD TO KATHERINE $163,000
ADMINISTRATION $375,000
TOTAL CDBG JZJL2 000
** Includes $280,000 in Housing Projects Delivery costs
HOME INVESTMENT PARTNERSHIPS PROGRAM:
NEW CONSTRUCTION
$200,000
SUBSTANTIAL / MODERATE REHABILITATION
$400,000
FIRST -TIME HOMEBUYER ASSISTANCE
$138,750
CHDO SET ASIDE
$147,750
ADMINISTRATION
98,500
TOTAL HOME 985 000
EMERGENCY SHELTER GRANT:
GRANTS TO HOMELESS SERVICE PROVIDERS $ 70,000
CODE ENFORCEMENT EMERGENCY ASSISTANCE 10,000
TOTAL ESG 80 000