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<br />REOUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Agenda Date Requested: 4/28/08 <br />Requellted By, Tim Tietje.. @ <br />Department: Plannine: <br /> <br />ADDroDriation <br /> <br />Source of Funds: 015 (CIP) <br /> <br />Account Number: 015-9892-859-1100 <br /> <br />Amount Budgeted: $34,182.00 <br /> <br />Report: --X- Resolution: Ordinance: -X- <br /> <br />Amount Requested: $34,182.00 <br /> <br />Exhibits: <br /> <br />Ordinance <br />Award Notification Letter <br />Ae:reement <br /> <br />Budgeted Item: <br /> <br />Yes <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />In 2002 and 2005, the City of La Porte applied for and received U.S. Department of Housing and Urban <br />Development (HUD) HOME grants which have been used to fund down payment assistance programs and new <br />construction programs as part of the Northside Neighborhood affordable housing program. <br /> <br />As part of its continued commitment to provide affordable housing stock and renewal to the City's north side <br />neighborhoods, staff submitted an additional grant application for $460,000 in June, 2007 to construct four <br />additional single family homes (501, 505, 509, and 513 North 7th Street). HOME grants require a minimum 25% <br />match in a combination of "in-kind" funding and/or cash contributions. The city chose not to pursue the down <br />payment assistance portion of the grant so as not to compete with the Harris County's down payment assistance <br />program. The City was notified of this tentative grant award on November 21, 2007. Subsequent to City Council <br />appro va], Harris County Commissioners Court will formally approve the subrecipient funding agreement. In <br />December of 2007, the County modified the budget amount to include $6,900 additional dollars to fund Harris <br />County inspection costs. The final amount awarded to the City of La Porte through this applreation phase is <br />$466,900. The city's match will be 25% of the original application amount, or $115,000. Of this amount, the city <br />will contribute $80,818 of "in-kind" costs as follows: <br /> <br />Waived Permits and Fees <br />Appraised Value of Land <br />Appraisa] Fees <br />Waived Liens <br />Re]ease of Lien and Deed Recording Fees <br />Professional Services for Survey/Engineering & <br />Phase 1 Environmental <br />Waterline Extension <br />Total "In-Kind" <br /> <br />15,755 <br />50,000 <br />800 <br />],363 <br />300 <br /> <br />3,800 <br />8,800 <br />80,818 <br /> <br />Cash contribution will total $34,182 to cover the contractual 25% match. Future Council action will consider <br />award of contract with a project builder and service contract for marketing/closing assistance. <br /> <br /> <br />/09 <br />