Number
040614
Version
SUBSTITUTE 2
Reference
Sponsor
THE CHAIR
Title
Substitute resolution authorizing the submittal and acceptance for funding of the City of Milwaukee's 2003 and 2004 consolidated community development entitlement funding for the American Dream Downpayment Initiative (ADDI) from the U. S. Department of Housing and Urban Development through the Community Block Grant Administration (CBGA).
Analysis
This resolution authorizes the Community Block Grant Administration to accept the ADDI grant funding in the amount of $312,745 for 2003 and $369,048 for 2004 consistent with its revised Annual Action Plan submitted to and approved by the U. S. Department of Housing and Urban Development (HUD) and authorizes the Community Block Grant Administration to execute and implement ADDI projects.
Body
Whereas, The City of Milwaukee appears to be eligible for Community Development entitlement funding for the ADDI activity in the amount of $312,745 for 2003 and $369,048 for 2004; and
Whereas, The Community & Economic Development Committee recommends approval to allocate ADDI funding to the following organization:
2003 Select Milwaukee, Inc. $312,745
2004 Select Milwaukee, Inc. $369,048
; and
Whereas, The American Dream Downpayment Initiative Consortium will consist of the following organizations: Neighborhood Housing Services, Housing Resources, Inc., Career Youth Development, United Community Center, Hmong-American Friendship Association, Select Milwaukee, Inc., and Lao Family Community Inc.; and
Whereas, Common Council File Number 991202 authorized the submission of a revised Consolidated Plan and Annual Action Plan for 2003 and 2004 consolidated community development entitlement funding; now therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the Mayor of the City of Milwaukee is designated as the authorized representative of the City of Milwaukee, in connection with all ...
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