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HomeMy WebLinkAbout1992-04-13 92-213 RESOLVECOUNCIL ACTION Item No. 92-213 Date Aor'1 7. 1992 Item/Subject: Support of Bangor Housing Authority's Application For Federal HOPE I Funds Responsible Department: Community and Economic Development Commentary: The Bangor Housing Authority requests the City Council's support of its application to the U.B. Dept. of Housing and Urban Development for a Homeownership and Opportunity for People Everywhere I (HOPE I) mini -planning grant. If awarded, these grant funds would be used to carry out a feasibility study of a program to provide homeowner assistance to volunteer families'wing in public housing and to obtain training and techncial assistan for establishing the program. No local matching funds are required for the mini -planning grant and funded activities are to be completed within 18 months. BUA hoe identified three 4-plemes and 2 single family units in the Old Capehart neighborhood which are suitable for this program. This project is consistent with Bangor's Comprehensive Housing Affordability Strategy (CHAS). For 1992, $161 million Is available for this program, $10 million of which is designated for planning grants. The maximum mini -planning grant is $100,000. Applications are due April 17th. The Community and Economic Development Committee recommends approval. Da arteent Head Finance Director Legal Approval: citr Solic�yN itor 'OduCed For E Passage _First Heading Page 1 Of 1 Referral `City Manager Associated Information: Finance Director Legal Approval: citr Solic�yN itor 'OduCed For E Passage _First Heading Page 1 Of 1 Referral Councillor Blanchette April 13, 1992 ,.;� , 92-213 CITY OF BANGOR (TITLE,) EBQj}IQr. Support of_BanS r 8auelvg AutAo ;ty e_Applic t1 P,x_ ....... Federal By Nle City Couuil of the Cies of Heaven RESOLVED, wHEEEAS, the National Affordable Housing Act of 1990 (NAHA) enacted the Homeownership and Opportunity for People Everywhere (HOPE) initiative; and WHEREAS, the HOPE program includes HOPE grants to empower low-income families to become homeowners; and WHEREAS, HOPE I funds are available to public housing authorities to provide homeownership assistance to public housing residents; and WHEREAS, HOPE I funds will give public housing residents greater control over their homes and their neighborhoods and promote economic self-sufficiency for participating families; and WHEREAS, the Bangor Housing Authority is applying for a mini -planning grant to study the feasibility of a homeownership program and to provide training and technical assistance to program development; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT the City of Bangor hereby supporta the Bangor Housing Authority's application for .HOPE I mini -planning grant funds from the U.S. Department of Housing and Urban Development. In City Council April 13,1992 Passed .�L,,..�tt �nht/1�..,,,_ 92-213 EE50LVE Support of Bangor Housing Authority's Application for Federal Hope I Funds Tv ,��6. ryyn`�u e a