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HomeMy WebLinkAbout09/20/2011 11 Building Lot Acquisition and Construction Costs Grant Agreement wtih Habitat for Humanity • BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. For Meeting of September 20, 2011 ITEM TITLE: Consideration of a Resolution authorizing the City Manager to execute an agreement with Habitat for Humanity for a grant of $105,000 for the acquisition and construction costs for four building Tots. SUBMITTED BY: Joan Davenport, Acting CED Director (575 -3533) CONTACT PERSON / TELEPHONE: Archie M. Matthews, ONDS Manager (575 -6101) SUMMARY EXPLANATION: As the annual recipient of HOME Investments Partnerships (HOME) funds from the Department of Housing and Urban Development (HUD), the City of Yakima is required to invest these funds for "Affordable Housing" within its jurisdiction. Habitat for Humanity as a. Qualified CHDO is requesting One Hundred Five Thousand dollars • ($105,000) for the acquisition of and design improvements to four (4) building lots to result in the construction of four (4) new single family low income housing units. The transaction will include a lot currently owned by the City of Yakima, located at 1405 W. Lincoln Avenue, to be quit claim deeded to Habitat. Design and architectural funds will also be included in this transaction to support construction and infrastructure for the lot at 1405 W. Lincoln Avenue. The City of Yakima in granting HOME funds for acquisition and design improvements enables Habitat for Humanity to build low income housing for families in the thirtieth to sixtieth percentile of the median family income. Resolution X Ordinance Other (Specify) Contract Mail to (name and address): Phone: Funding Source 2011 HOME Funds APPROVED FOR SUBMITTAL: iv ; ' City Mana er STAFF RECOMMENDATION: Staff recommends approval BOARD /COMMISSION /COMMITTEE RECOMMENDATION: The Neighborhood Development Committee met on August 10, 2011 and recommended that this proposal be forwarded to the full Council for approval. COUNCIL ACTION: • RESOLUTION NO. R -2011- A RESOLUTION Authorizing the City Manager to execute an agreement with Habitat for Humanity for a grant of $105,000 for the acquisition and design improvement costs associated with four building Tots. WHEREAS, Habitat for Humanity is a Qualified Community Housing Development Organization; and WHEREAS, Habitat for Humanity has requested One Hundred Five Thousand dollars ($105,000) in HOME funding for acquisition and design improvement costs associated with four building lots; and WHEREAS, the transaction will include the transfer of a city owned lot located at 1405 W. Lincoln Avenue; and WHEREAS, the City is a recipient and is responsible for the administration of its annual allocation of HOME funds made available through the United States Department of Housing and Urban Development (HUD); and WHEREAS, federal regulations governing the use of HOME funds for addressing affordable housing activities allow the City to use such funds to provide grants to assist Community Housing Development Organizations (CHDO) to construct such housing; and WHEREAS, the provision of HOME assistance to Habitat for Humanity for this purpose will 110 assist in providing affordable housing to low -low income families in the thirtieth - sixtieth percentile of the median family income within the City of Yakima; and WHEREAS, the assistance to Habitat for Humanity for affordable housing to low- moderate income families provides substantial appropriate public benefits to the City; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YAKIMA: The City Manager is hereby authorized to execute a grant agreement, with Habitat for Humanity in the amount of One Hundred Five Thousand dollars ($105,000) in HOME funds for the acquisition and design improvements of four building lots. ADOPTED BY THE CITY COUNCIL this 20th day of September 2011 Micah Cawley, Mayor ATTEST: City Clerk