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HomeMy WebLinkAboutResolution - 2005-R0290 - Approve HOME Funding - COL CD HOME Administration Program - 06_23_2005Resolution No. 2005-RO290 June 23, 2005 Item 71 RESOLUTION IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the City Council of the City of Lubbock does hereby approve of the roposal for the City of Lubbock CD HOME Administration Program from the Home avestment Partnerships (HOME) Program and all related documents. Said proposal is ttached hereto and incorporated in this resolution as if fully set forth herein and shall be :lcluded in the minutes of the City Council by the City Council this 23rd day of .tune ,,4i� , 2005. MAYOR TTEST: Garza, City Secretary OVED AS TO CONTENT: ancy Haney ommunity I AS TO FORM: f- Sim3;�,Ksajftant-Eitq Attorney ;s/res-COL CD HOME Admin-HOME.res 15, 2004 2005-2006 CDSB Proposal Funding Sources CDBG Formula Funding $ 2,637,531 Program Income 287,469 TOTAL CDBG 2,925,000 HOME Formula Funding 1,253,966 Program Income 174,034 HOPE Program Income 300,000 ADDI 50,322 1,778,322 ESG Formula Funding 101,758 Total Funding Sources $ 4,805,080 2005-2006 Allocation Summary CDBG-Public Service (Cap: 15% of CDBG Allocation Boys & Girls Club Summer Program $ 19,350 $ 18,382 Citibus Paratransit Services 600,000 204,300 Parks Department Summer Satellite 50,000 47,500 Communities in Schools Path to Expansion 15,750 14,962 WorkSource (see Note A) Direct Child Care Assistance 100,000 29,735 YWCA Child Care Services 60,000 57,000 YWCA Challenger ED 25,000 23,750 Total CDBG-Public Service 870,100 395,629 CDBG-Other (All Non -Public Service Activities) Inside out Ministry Activity Center 493,855 - Codes Department Property Maintenance Inspection 228,712 228,712 Codes Department Substandard Structure Removal -Den 75,000 75,000 CD Admin Economic Development Fund 100,000 100,000 CD Admin Street Paving 300,000 210,000 CD Housing Barrier Free 200,000 200,000 CD Housing Emergency Repair 200,000 200,000 CD Housing (see Note B) Housing HEEELP Program 250,000 250,000 LBK Hispanic Chamber Micro Loan Program 119,606 - N&E Lubbock CDC Homebuyer Down Payment Assistan 180,000 50,000 N&E Lubbock CDC Micro Loan Program 60,000 - LBK Interfaith Facility Rehab 60,000 52,951 South Plains Com. Action Head Start Center Construction 80,000 60,000 Housing Direct Delivery 575,202 575,202 Admin (Admin + Indirect = 20% Cap) 437,506 437,506 Indirect 90,000 90,000 Total CDBG-Other 3,449,881 2,529,371 HOME Com. Housing Resource Bd CHDO Operations 50,000 50,000 Com. Housing Resource Bd Handicapped Accessible Rental II 178,697 178,697 Com. Housing Resource Bd Millennium Realty M Housing CD Housing CD Housing CD Housing Habitat for Humanity Admin/Direct Delivery Total HOME Lease -Purchase XI 174,750 188,094 Millennium Crossing 45,000 - American Dream Downpayment 50,322 50,322 Housing Rehab/Recon 900,000 885,813 New Construction 240,000 240,000 Property MGT/Replacement Reservf 40,000 60,000 Habitat/HOME Collaboration Build 100,000 - (10% Cap) 125,396 125,396 1,904,165 1,778,322 Emergency Shelter Grant (ESG) Alcoholic Recovery Center Operations Inside out Ministry Emergency Shelter Renovation LBK Interfaith Operations LBK Interfaith Facilities Rehab Salvation Army Essential Services, Homeless Prevention and Operations Vandelia Church of Christ Utility/Rent Assistance Women's Protective Ser. Essential Services Admin (5% Cap) Total ESG Total Allocation 12,000 12,000 39,779 - 15,360 10,000 35,000 - 70,000 44,671 27,300 15,000 16,500 15,000 5,087 5,087 221,026 101,758 6,445,172 4,805,080 Note A: WorkSource Childcare Assistance grant funding and match distribution Catholic Family Services 4,045 Christian Women's Job Corp 9,345 Early Learning Center 16,345 Total 29,735 Note B: COL-HEEELP grant funding distribution COL -Housing Department Generated 100,000 COL -Codes Department Generated 100,000 World Changers 50,000 Total 250,000