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Legislation #: 100622 Introduction Date: 7/29/2010
Type: Resolution Effective Date: 8/29/2010
Sponsor: None
Title: Amending the 2008 One Year Action Plan and authorizing submittal of a Substantial Amendment to the U.S. Department of Housing and Urban Development for its consideration in order to amend the budget for the Neighborhood Stabilization Program funding received under the Housing and Economic Recovery Act of 2008 (HERA).

Legislation History
DateMinutesDescription
7/29/2010 Filed by the Clerk's office
7/29/2010 Referred to Housing Committee
8/4/2010 Hold On Agenda (8/18/2010)
8/18/2010 Immediate Adoption
8/19/2010 Adopted

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100622.pdf Authenticated 86K AUTHENTICATED
100622.pdf Authenticated 86K AUTHENTICATED
http://kansascity.granicus.com/ViewSearchResults.php?view_id=2&keywords=100622 Website Link 0K http://kansascity.granicus.com/ViewSearchResults.php?view_id=2&keywords=100622
NSP Amend 2.GOFS.xls Fact Sheet 166K Fact Sheet

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RESOLUTION NO. 100622

 

Amending the 2008 One Year Action Plan and authorizing submittal of a Substantial Amendment to the U.S. Department of Housing and Urban Development for its consideration in order to amend the budget for the Neighborhood Stabilization Program funding received under the Housing and Economic Recovery Act of 2008 (HERA).

WHEREAS, in July 2008, Congress enacted Public Law 110-289, the Housing and Economic Recovery Act of 2008 (HERA), which provided funding to the U.S. Department of Housing and Urban Development (HUD) to allocate to states, counties and cities in response to the housing crisis; and

  WHEREAS, Title III of Division B of HERA created and funded the Emergency Assistance for the Redevelopment of Abandoned and Foreclosed Homes, commonly known as the Neighborhood Stabilization Program (NSP), under which state and local governments may utilize the funding by establishing financing mechanisms for the purchase and redevelopment of foreclosed homes and residential properties; purchasing and rehabilitating abandoned or foreclosed residential properties; establishing land banks for foreclosed homes; demolishing blighted structures; and redeveloping demolished or vacant properties, among other eligible activities; and

  WHEREAS, the City of Kansas City, Missouri, has been allocated $7,323,734.00 in funding from HUD to be used toward the above mentioned purposes; and

WHEREAS, in order to provide sufficient funding to meet the grant obligation requirements established by HUD under the Program, the City must amend its 2008 One Year Action Plan which was approved by Council through Committee Substitute for Resolution No. 080218 and subsequently amended by Council through Resolution Nos. 081110 and 100331, and submit said Substantial Amendment to HUD for its consideration; NOW, THEREFORE,

BE IT RESOLVED BY THE COUNCIL OF KANSAS CITY:

Section 1. That the Substantial Amendment to the 2008 Action Plan prepared pursuant to the Housing and Economic Recovery Act of 2008, a copy of which, in substantial form, is on file in the Housing and Community Development Department and is incorporated herein by reference, is hereby approved.

Section 2. That the Mayor, on behalf of the City of Kansas City, Missouri, is hereby authorized to execute and submit the aforesaid Substantial Amendment to the United States Department of Housing and Urban Development.

Section 3. That the City Council hereby certifies that said Substantial Amendment has been prepared pursuant to and in accordance with the Housing and Economic Recovery Act of 2008 (HERA), as well as with U.S. Department of Housing and Urban Developmentā€™s standard rules and regulations pertaining to the use of Community Development Block Grant funds.

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