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File #: 130846    Version:
Type: Resolution Status: Passed
File created: 10/15/2013 In control: COMMON COUNCIL
On agenda: Final action: 11/5/2013
Effective date:    
Title: Substitute resolution authorizing the acceptance and funding of the City of Milwaukee’s 2014 consolidated community development entitlement funding for Program Administration from the U. S. Department of Housing and Urban Development through the Community Development Grants Administration (CDGA).
Sponsors: THE CHAIR
Attachments: 1. Transmittal Letter, 2. Year 2014 Funding Recommendations, 3. Hearing Notice List
Number
130846
Version
SUBSTITUTE 1
Reference
Sponsor
THE CHAIR
Title
Substitute resolution authorizing the acceptance and funding of the City of Milwaukee’s 2014 consolidated community development entitlement funding for Program Administration from the U. S. Department of Housing and Urban Development through the Community Development Grants Administration (CDGA).
Analysis
This resolution authorizes the Community Development Grants Administration to submit its Annual Action Plan to the U. S. Department of Housing and Urban Development (HUD) for the City of Milwaukee’s 2014 Community Development entitlement estimated at $18,965,312. 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 authorizes the Community Development Grants 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 2014 estimated at $18,965,312 which includes CDBG funding at $14,000,000, HOME funding at $4,000,000 and ESG funding at $965,312; and

Whereas, Common Council File Number (CCFN) 090292 authorized the submission of the Consolidated Strategy and Plan and Annual Action Plan for 2014 consolidated community development entitlement funding; and

Whereas, CCFN 130773 adopted on October 15, 2013 authorized the 2014 Funding Allocation Plan; and

Whereas, CCFN 75-1610-2f authorized the continued allocation of program income from the Milwaukee Economic Development Corporation for economic development activity utilizing a revolving fund; and

Whereas, It has been determined, that operation of this grant program for one year would generate an estimated $150,000, for CDBG and $300,000 for HOME in revenue (program income) from authorized revolving fund projects as...

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