City of Milwaukee - File #: 150815

• File #: 150815
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 10/13/2015
• In control: COMMON COUNCIL
• Final action: 11/2/2015
• Title: Resolution relating to the allocation of funds from the Housing Trust Fund.
• Sponsors: THE CHAIR

Date	Ver.	Action By	Action	Result	Tally
11/11/2015	0	MAYOR	SIGNED
11/2/2015	0	COMMON COUNCIL	ADOPTED	Pass	15:0
10/27/2015	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Individuals appearing: Steven Mahan, Community Development Grant Administration Ald. Michael Murphy, Common Council President & 10th Aldermanic District	Pass	5:0
10/20/2015	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
10/20/2015	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
10/13/2015	0	COMMON COUNCIL	ASSIGNED TO

Number
150815
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution relating to the allocation of funds from the Housing Trust Fund.
Analysis
As authorized by the City of Milwaukee’s Housing Trust Fund Advisory Board, the Community Development Grants Administration released Requests for Proposals for affordable housing projects on July 20, 2015. Based upon funding applications submitted by the August 14, 2015 deadline, the Advisory Board is recommending the Common Council approve funding 8 projects totaling $600,000 from the Housing Trust Fund - Capital Improvement Account.
Body
Whereas, On November 14, 2006, the City of Milwaukee Common Council adopted File Number 041537, an ordinance relating to the establishment, operation and funding of a City of Milwaukee Housing Trust Fund; and

Whereas, On September 26, 2006, the Common Council adopted File Number 060071, a resolution relating to the recommendations of the Milwaukee Housing Trust Fund Task Force for the operation and funding of a Housing Trust Fund, which included provisions that Housing Trust Fund dollars should be allocated in 3 categories: housing and services for persons who are homeless, development or rehabilitation of affordable rental housing, and creation or maintenance of home ownership activities; and

Whereas, As authorized by the Housing Trust Fund Advisory Board, the Community Development Grants Administration (CDGA) released Request-for-Proposals on July 20, 2015 for the categories of Homelessness ($165,000), Rental Housing ($220,000) and Homeownership ($165,000) and Other Needs as Identified ($50,000) for a total amount available of $600,000. CDGA received 19 funding requests by the August 14, 2015 deadline; and

Whereas, CDGA staff, and the Technical Review Subcommittee met on September 21, 2015 and October 2, 2015 and the Housing Trust Fund Advisory Board, met on October 8, 2015 and reviewed the funding applications, and recommended funding for 8 projects totaling ...