HomeMy WebLinkAbout~Master - Accepting Allocation of Home Funds - Amending 2014-18 CDBG Consolidated Plan RESOLUTION NO. 18-288
RESOLUTION ACCEPTING ALLOCATION OF HOME
FUNDS AND DIRECTING CITY HOUSING COORDINATOR
TO DRAFT AN AMENDMENT TO THE
2014-18 COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG)
CONSOLIDATED PLAN FOR THE CITY OF AMES
WHEREAS, the City has received notification that, in addition to the 2018/19 CDBG
allocation of$572,094, the City will receive an allocation from the HOME Fund in the amount of
$601,264; and,
WHEREAS, HOME funding may be used for brick-and-mortar type projects, such as
construction of new housing, housing rehabilitation, and tenant-based assistance; and,
WHEREAS, the required local match will come from General Obligation Bond funding
previously allocated for 321 State Avenue; and,
WHEREAS,accepting the HOME Fund allocation will require an Amendment to the 2014-
18 CDBG Consolidated Plan.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the allocation of HOME Funds is hereby accepted and the City Housing Coordinator is directed
to draft an Amendment to the 2014-18 CDBG Consolidated Plan noting the acceptance of HOME
funding in the amount of$601,264.
ADOPTED THIS 8"'day of May, 2018.
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Diane R. Voss, City Clerk John . Haila, Mayor
Introduced by: Corrieri
Seconded by: Beatty-Hansen
Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Martin,Nelson
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 8th day of May, 2018.