Number
000867
Version
SUBSTITUTE 2
Reference
Sponsor
THE CHAIR
Title
Substitute resolution authorizing the submittal, acceptance and funding of the City of Milwaukee's 2001 consolidated community development entitlement funding for Program Administration 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 submit its Annual Action to the U. S. Department of Housing and Urban Development (HUD) for the City of Milwaukee's 2001 Community Development entitlement estimated at $30,785,000. In addition, this resolution designates the Mayor as the authorized representative for the consolidated community development entitlement, approves the certifications required by the Department of Housing and Urban Development and authorized the Community Block Grant Administration to execute and implement the projects to be designated in the Annual Action Plan.
Body
Whereas, The City of Milwaukee appears to be eligible for a Community Development entitlement funding for 2001 estimated at $30,785,000 which includes CDBG funding at $22,000,000, HOME funding at $8,000,000 and ESG funding at $785,000; and
Whereas, The 2001 Community Development Program activity for the City of Milwaukee has been proposed by the Mayor and the Neighborhood Planning Areas and approved by the Community Development Committee on November 15, 2000; and
Whereas, Common Council File No. (CCFN) 991202 authorized the submission of a revised Consolidated Plan and Annual Action Plan for 2001 consolidated community development entitlement funding and CCFN 000458 authorizes the 2001 Funding procedures; and
Whereas, CCFN 970782 authorized the allocation of program income from the existing portfolio of CDBG and HOME funded rehabilitation loans to the Neighborhood Improvement Development Corporation (NIDC) as an ongoing revolving loan fund; and
...
Click here for full text