HomeMy WebLinkAbout~Master - Revision to Sustainable Neighborhood Program Guidelines RESOLUTION NO. 05-482
RESOLUTION APPROVING REVISION TO
SUSTAINABLE NEIGHBORHOOD PROGRAM GUIDELINES
FOR THE CITY OF AMES, IOWA
WHEREAS, at the February 10, 2004, City Council budget wrap-up meeting, the Council
allocated$25,000 on a matching-fund basis for Housing for Sustainable Neighborhoods, Inc.; and,
WHEREAS,the Housing for Sustainable Neighborhoods, Inc., is a non-profit organization
dedicated to maintaining diverse, family-friendly neighborhoods around the Iowa State University
campus; and,
WHEREAS,the City Council also approved program guidelines on how City funds will be
used to help with program start-up and implementation; and,
WHEREAS,the Housing for Sustainable Neighborhoods organization is requesting that the
program guidelines be amended to remove the requirement that "a borrower be a first-time home
buyer" and revise it to "preference would be given to eligible applicants who are first-time home
buyers"; and,
WHEREAS, this would allow the applicants who are non first-time home buyers to
participate in its program, which may help the organization in utilizing the seed funds provided by
the City; and,
WHEREAS, staff is also requesting that the guidelines be amended to allow the income
guidelines to adjust annually as established by the Department of Housing and Urban Development.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that an amendment to the program guidelines in connection with the Housing for Sustainable
Neighborhoods Project is hereby approved.
ADOPTED THIS 13t''day of December, 2005.
Diane R. Voss, City Clerk Ted Tedesco, Mayor
Introduced by: Wirth
Seconded by: Goodhue
Voting aye: Cross, Goodhue, Goodman, Mahayni, Vegge, Wirth
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 13t'day of December, 2005.