File #: 900-2022    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 9/11/2022 In control: City Council
On agenda: 10/3/2022 Final action: 10/3/2022
Passage/adoption date: 10/3/2022
Effective date: 10/10/2022    
Title: AN EMERGENCY ORDINANCE Directing a portion of the City’s Coronavirus Local Fiscal Recovery Fund payment to the City’s COVID-19 response by authorizing the Director of Community Development to enter into one or more loan and grant agreements with various individuals and entities to finance affordable housing and to address vacant or abandoned properties, to be encumbered beginning March 3, 2021, and ending December 31, 2024; to enter into other similar agreements; and to apply for and accept grants and gifts.
Sponsors: Blaine A. Griffin, Justin M. Bibb
Indexes: COMMUNITY DEVELOPMENT, GRANT AGREEMENT , THE AMERICAN RESCUE PLAN ACT of 2021
Attachments: 1. 900-2022-arpa&loans-Housing Gap 4, 2. 900-2022 Exec. Summary -2021 ARPA Funds Gap Financing Housing Prjcts, 3. 900-2022&755-2022 Presentation - 2022 ARPA - DRAFT 09272022 REVISED, 4. 900-2022 as amended-desk copy-Final, 5. 900-2022-Amend 900-2022, 6. 900-2020 - Presentation 10-3-2022 - Housing for All

Title

AN EMERGENCY ORDINANCE Directing a portion of the City’s Coronavirus Local Fiscal Recovery Fund payment to the City’s COVID-19 response by authorizing the Director of Community Development to enter into one or more loan and grant agreements with various individuals and entities to finance affordable housing and to address vacant or abandoned properties, to be encumbered beginning March 3, 2021, and ending December 31, 2024; to enter into other similar agreements; and to apply for and accept grants and gifts.