HomeMy WebLinkAboutR-1997-122 1997 Community Housing DevelopmentRESOLUTION NO. R-97122
A RESOLUTION approving Washington Association of Minority Entrepreneurs (WAME) as a
City designated Community Housing Development Organization (CHDO)
and directing staff to work with WAME to bring to Council a HOME
funded elderly housing project within the next 30 days.
WHEREAS, the City of Yakima was a recipient of 1997 Federal HOME funds which may
be used, among other things, for Community Housing Development Organization Programs; and
WHEREAS, at the December 17, 1996 meeting, the City Council considered and approved
the One Year Plan and budget including $472,(010 of HOME Funds; and
WHEREAS, the Washington Association of Minority Entrepreneurs (WAME) received
approval as a State Certified CHDO; and
WHEREAS, the City desires that additional non profit housing providers become certified
by the State and City to compete for available CHDO funds; and
WHEREAS, there is a need for additional low and moderate income elderly rental housing.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YAKIMA:
The City Council hereby designates the Washington Association of Minority Entrepreneurs
(WAME) as a City Certified Community Housing Development Organization.
ADOPTED BY THE CITY COUNCIL ill' day of ,- `1'r:) ! `z92
A"1"1"EST:
City Clerk
**-744" Lynn Buchanan, Mayor
BUSINESS OF THE CITY COUNCIL
YAKIMA, WASHINGTON
AGENDA STATEMENT
Item No.: /C 13
For Meeting of: C — i i 2 , 1997
ITEM TITLE: 1997 Community Housing Development Organization Designation
SUBMITTED BY: Glenn Valenzuela, Director of Community and Economic Developm
CONTACT PERSON/TELEPHONE: William Cook, Neighborhood Development Services
Manager, 575-6101.
SUMMARY EXPLANATION: Community Housing Development Organizations (CHDO's)
are entitled to 15% of the jurisdictions allocated federal HOME monies. HOME Program funds
may be used for housing development, sponsored and/or owned by CHDO's. Eligible activities
include the acquisition, rehabilitation and new construction of rental housing, homeownership and
renter assistance.
The Washington Association of Minority Entrepreneurs (WAME) has recently received approval as
a State Certified CHDO. Such State Certification is a City requirement for receiving CHDO funds
from the City of Yakima's HOME allocation. With approval of this resolution, the City Council
will approve WAME as a City designated CHDO and direct staff to work with WAME to bring to
Council an FY97 HOME funded elderly housing project within the next 30 days.
Resolution Ordinance Contract Other Specify
Funding Source:
APPROVAL FOR SUBMITTAL:
ity anager
STAFF RECOMMENDATION:
BOARD/COMMISSION RECOMMENDATION:
COUNCIL ACTION: