Number
130905
Version
SUBSTITUTE 2
Reference
080644, 120180
Sponsor
ALD. MURPHY
Title
Substitute resolution relating to the membership and duties of the Special Joint Committee on Redevelopment of Abandoned and Foreclosed Homes.
Analysis
Currently, the Special Joint Committee on Redevelopment of Vacant and Foreclosed Homes consists of 3 members appointed by the Mayor, 3 members appointed by the President of the Common Council and the City Treasurer. Under this resolution, an additional member will be appointed by the President of the Common Council.
Body
Whereas, The Special Joint Committee on the Redevelopment of Abandoned and Foreclosed Homes (Joint Committee) was established by Common Council Resolution File Number 080644 to address the impact of the housing crisis as it moved from the sub-prime market to the prime market contributing to a global economic recession; and
Whereas, The Joint Committee was initially directed to coordinate efforts to implement programs funded under Title III of the federal Housing and Economic Recovery Act of 2008, entitled "Emergency Assistance for the Redevelopment of Abandoned and Foreclosed Homes"; and
Whereas, The Joint Committee has continued to coordinate information and provide recommendations, direction and advice related to programs implementing federally- supported Neighborhood Stabilization Programs and other programs that succeeded initiatives begun under the Housing and Economic Recovery Act initiatives; and
Whereas, Regular meetings of the Joint Committee have provided a platform for regular and timely communications from the Department of City Development, the Department of Neighborhood Services, the Community Block Grant Administration, the Police Department, the City Attorney's Office, the Assessor's Office, the Treasurer's Office and the Legislative Reference Bureau; and
Whereas, Deliberations of the Joint Committee have resulted in the development and passage of legislation including:
1. ...
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