Number
010828
Version
SUBSTITUTE 2
Reference
Sponsor
THE CHAIR
Title
Substitute resolution authorizing the submittal, acceptance and funding of the City of Milwaukee's 2002 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 $31,783,000. 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 2002 estimated at $31,783,000 which includes CDBG funding at $23,000,000, HOME funding at $8,000,000 and ESG funding at $783,000; and
Whereas, The 2002 Community Development Program activity for the City of Milwaukee has been approved by the Community Development Committee on July 31, 2001 and the Common Council on August 2, 2001; and
Whereas, Common Council File Number (CCFN) 991202 authorized the submission of a revised Consolidated Plan and Annual Action Plan for 2002 consolidated community development entitlement funding and CCFN 001814 authorizes the 2002 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
Whereas, CCFN 75-1610-...
Click here for full text