Title
Subject: Substantial Amendments To The AAP FY 2020/21 Neighborhood Stabilization Program
From: Housing And Community Development Department
Recommendation: Conduct A Public Hearing And Upon Conclusion Adopt The Following Pieces Of Legislation:
1) A Resolution: (1) Authorizing The Remapping Of The Existing Neighborhood Stabilization Program (NSP) Target Area For Nsp1 To The Community Development Block Grant (CDBG) Community Development Districts To Facilitate Expenditure Of Program Funds And The Closure Of The NSP1 Grant;
2) Authorizing The Reprogramming Of Three Hundred Twenty-Six Thousand, Five Hundred Eighty-One Dollars ($326,581) Of Neighborhood Stabilization Program Funds Designated For The Purchase Of Foreclosed Properties To The Acquisition And Conversion To Affordable Housing (ACAH) Program;
3) Authorizing The Modification Of The Eligible Activity For 1222 89th Avenue From Rehabilitation To Demolition Of A Blighted Property; And
4) Authorizing The City Administrator To Prepare And Submit To The United States Department Of Housing And Urban Development The City’s First Substantial Amendment To Its Annual Action Plan (AAP) For Fiscal Year 2020-21, Which Is Part Of The Five-Year Consolidated Plan (Con Plan) For Fiscal Years 2020-21 Through 2024-25, To Reflect These Modifications