City of Milwaukee - File #: 060276

• File #: 060276
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 6/20/2006
• In control: COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE
• Final action: 7/12/2006
• Title: Substitute resolution relating to the award of funding to Bishops Creek for activities relating to Housing Production.
• Sponsors: THE CHAIR
• Indexes: COMMUNITY BLOCK GRANT ADMINISTRATION, COMMUNITY DEVELOPMENT BLOCK GRANT, FEDERAL GRANTS, HOUSING

Date	Ver.	Action By	Action	Result	Tally
7/21/2006	1	MAYOR	SIGNED
7/12/2006	1	COMMON COUNCIL	ADOPTED	Pass	14:0
7/6/2006	1	COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Appearances: Steve Mahan, Community Development Grant Administration. Daren Daniels, Assistant Secretary, Biship Creek Development Corporation. Request by Ald. Davis for the Community Development Grant Administration Office to submit a detailed report relative to how HOME CHDO (Community Housing Development Organization) funds awarded to Bishops Creek will be used to Community & Economic Development Committee members, prior to the regularly scheduled Common Council meeting on July 12, 2006.	Pass	5:0
6/29/2006	1	COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
6/27/2006	1	CITY CLERK	DRAFT SUBMITTED
6/23/2006	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	REFERRED TO
6/20/2006	0	COMMON COUNCIL	ASSIGNED TO

Number

060276

Version

SUBSTITUTE 1

Reference

Sponsor

THE CHAIR

Title

Substitute resolution relating to the award of funding to Bishops Creek for activities relating to Housing Production.

Analysis

Body

Whereas, Bishops Creek is eligible to receive HOME funding as a CHDO (Community Housing Development Organization); and

Whereas, Bishops Creek has requested the amount of $522,000 in HOME CHDO funds to complete housing production activities on 9 units; and

Whereas, The amount of available funds in the previously funded Housing Tax Credit Pools is $550,000; and

Whereas, The Community and Economic Development Committee recommends awarding the HOME funds in the amount of $522,000 to Bishops Creek; now therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that the Community Development Grants Administration is authorized to award HOME CHDO funding to Bishops Creek; and, be it

Further Resolved, That Bishops Creek 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 Development Grants Administration and the City Comptroller for review and approval; and, be it

Further Resolved, That payments for HOME cost incurred shall be paid in accordance with approved HOME reimbursement policy based on the approval by the Community Development Grants 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 2006 Community Development Entitlement Funding Program.                                                                                    

Requestor

Drafter

CDGA-BshpCrek-A

06/26/06