Number
050559
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution relating to the return of CDBG and HOME funds from Friends of Housing and awarding the funding to the Milwaukee Christian Center.
Analysis
Body
Whereas, The Common Council of the City of Milwaukee has previously approved the award of $40,000 (CDBG) and $200,000 (HOME) funding to Friends of Housing a Community Housing Development Organization (CHDO) for housing production activity; and
Whereas, The Friends of Housing organization has indicated they are unable to complete the expected housing production units (see attached); and
Whereas, The Community and Economic Development Committee recommends awarding the CDBG funds in the amount of $40,000 and HOME funds in the amount of $200,000 to the Milwaukee Christian Center; now therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the Community Block Grant Administration is authorized to accept the return of CDBG ($40,000) and HOME ($200,000) funding from Friends of Housing; and, be it
Further Resolved, That the returned funds are awarded, to the Milwaukee Christian Center for the purpose of housing production; and, be it
Further Resolved, That the Milwaukee Christian Center shall submit budget and activity reports in amounts and according to any conditions approved by the Common Council and in accordance with File Number 74-92-5v, to the Community Block Grant Administration and the City Comptroller for review and approval; and, be it
Further Resolved, That payments for CDBG cost incurred shall be paid in accordance with approved CDBG reimbursement policy based on the approval by the Community Block Grant Administration and the City Comptroller; and, be it
Further Resolved, That except as modified by this resolution, the guidelines for handling the Community Development Block Grant Program set forth in Common council File Number 74-92-5v are fully applicable to the 2005 Community Development Entitleme...
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