City of Milwaukee - File #: 100922

• File #: 100922
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 11/23/2010
• In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
• Final action: 1/19/2011
• Title: Substitute resolution relating to the allocation of funds from the Housing Trust Fund.
• Sponsors: ALD. MURPHY
• Indexes: HOUSING TRUST FUND

Date	Ver.	Action By	Action	Result	Tally
1/24/2011	1	MAYOR	SIGNED
1/19/2011	1	COMMON COUNCIL	ADOPTED	Pass	15:0
1/11/2011	1	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Individuals present: Craig Kammholz - Comptroller's Office Steve Mahan - Community Block Grants Administration Ald. Murphy asked to be recorded in the affirmative on this item. There were no objections.	Pass	5:0
1/7/2011	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
12/2/2010	0	CITY CLERK	Sponsor added; Minutes note: Ald. Murphy added as a sponsor on 12/2/10 - LME
11/23/2010	0	COMMON COUNCIL	ASSIGNED TO

Number
100922
Version
SUBSTITUTE 1
Reference
Sponsor
ALD. MURPHY
Title
Substitute 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 in October, 2010. Based upon funding applications submitted by the November 12, 2010 deadline, the Advisory Board is recommending the Common Council approve funding 5 projects totaling $663,464 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 in October, 2010 for the categories of Homelessness ($173,464), Rental ($242,850) and Homeownership ($173,464) and Other Needs as Identified ($104,077) for a total amount available of $693,855. CDGA received 12 funding requests by the November 12, 2010 deadline; and

Whereas, CDGA staff, the Housing Trust Fund Advisory Board, and the Technical Review Subcommittee both met on January 6, 2011 and reviewed the funding applications, and recommended funding 5 projects totaling $663,464 as listed in Attachment A. ...