Loading...
HomeMy WebLinkAboutRES 09-139 RESOLUTION NO. 09-139 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the City Council hereby adopts the Consolidated Grant Program's 2009 Annual Action Plan in the amount of $2,727,812, substantially in the form attached hereto as Exhibit "A" and made a part hereof for all purposes. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 12th day of May, 2009. -�p,UMOM'�\III, Mayor Becky Ames - of s i A 2009 HUD CONSOLIDATED GRANT PROGRAM COMMUNITY DEVELOPMENT BLOCK GRANT(CDBG) 2009 Budget HOUSING Housing Rehabilitation $ 200,000 Funds will be used to repair seven to eight homes,primarily for low to moderate income senior citizens with a disability. Housing Rehabilitation Administration 112,000 Funds will be used for personnel and operating expenses necessary for compliance with the Housing Rehabilitation activity. INTERIM ASSISTANCE Elderly/Disabled Code Assistance 30,000 Funds will be used to assist in minor sewer repairs,tree and shrub removal and other activities associated with code enforcement for homes owned by primarily low/moderate income elderly/disabled citizens. CLEARANCE AND DEMOLITION Clearance and Demolition 237,969 Funds will be used to demolish approx 80 unsafe,unsanitary and uninhabitable residential structures in low to moderate income areas at a cost of approximately $3,000 each. PUBLIC FACILITY AND IMPROVEMENTS Section 108 Debt Service 830,000 PUBLIC SERVICE Non Profit Agencies 145,000 Funds will W used for construction,renovation and other needs of various nonprofit organizations. PLANNING AND ADMINISTRATION(14%) 259,635 Funds will be used for personnel and operating expenses necessary for compliance with the planning,execution,and regulatory requirements of the HUD Consolidated Grant Program TOTAL CDBG 1814,604 ESTIMATED PROGRAM INCOME: Small Business Revolving Loan Fund 60,000 Historic Loan Preservation Fund 25,000 Clearance and Demolition 15,000 TOTAL ESTIMATED PROGRAM INCOME 100,000 TOTAL CDBG AND PROGRAM INCOME $ 1 14,604 EXHIBIT `°A" HOME INVESTMENT PARTNERSHIP GRANT (HOME) HOME ADMINISTRATION(10%) $ 81,320 Funds will be used for personnel and operating expenses necessary for compliance with the planning,execution,and regulatory requirements of the HUD HOME Program. CHDO RESERVE (15%) 121,991 Funds will be set aside for Community Housing Development Organizations to develop affordable housing. Funds will also be used for acquisition/ rehabilitation of affordable housing that will be lease-purchased to eligible families. DOWN PAYMENT ASSISTANCE PROGRAM 200,000 Funds will be used to assist low to moderate income families who are first time home buyers with down payment assistance costs,and principal mortgage buy downs. AFFORDABLE HOUSING PROGRAM 409,907 Funds may be used to assist nonprofit and/or for profit developers with the development,acquisition and/or rehabilitation of affordable housing that will be sold or leased to low to moderate income families. Funds may also be used for project delivery costs such as down payment assistance,closing costs, principal mortgage buy downs,site preparation,infrastructure and other eligible costs.Additionally,funds may be used to assist developers with eligible project costs associated with the development and/or rehabilitation of multi family housing units.Funds may also be used for owner occupied rehabilitation to assist homeowners with repairs to their principal residence. TOTAL HOME $ 813,208 TOTAL 2009 PROPOSED BUDGET $ 2,727,812