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18930
| 1 | 5. | Authorizing the provision of $385,000 in Federal HOME and HOME Match funds to assist the City of Madison Community Development Authority to construct 50 units of affordable senior rental housing. | Resolution | THIRD SUBSTITUTE - Authorizing the provision of $385,000 in Federal HOME, and HOME Match and/or Community Development Block Grant (CDBG) funds to assist the City of Madison Community Development Authority to acquire and construct 50 units of affordable senior rental housing. | Refer | Pass |
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18917
| 1 | 1. | 2010-11 State ESG/THP/HPP Application | Resolution | Accept $172,678 in Emergency Shelter Grant (ESG) funds from the WI Department of Commerce and authorize the Mayor and City Clerk to execute agreements with specific non-profit agencies providing housing and services for homeless persons. | Return to Lead with the Recommendation for Approval | Pass |
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18935
| 1 | 2. | Authorizing Operation Fresh Start (OFS) to modify their program income contract to allow them to sell properties that have a CDD program income fund investment and at the time of sale secure the loan amount with an assignment of mortgage on an alternative | Resolution | Authorizing Operation Fresh Start (OFS) to modify their program income contract to allow them to sell properties that have a Community Development Division (CDD) program income fund investment and at the time of sale secure the loan amount with an assignment of mortgage on an alternative OFS property. | Return to Lead with the Recommendation for Approval | Pass |
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18929
| 1 | 3. | Authorizing the provision of $432,000 in Federal HOME Match funds to assist Common Wealth Development, Inc. in acquiring and rehabilitating two 4-unit buildings for the purpose of providing affordable rental housing. | Resolution | Authorizing the provision of $432,000 in Federal HOME Match funds to assist Common Wealth Development, Inc. in acquiring and rehabilitating two 4-unit buildings for the purpose of providing affordable rental housing. | Return to Lead with the Recommendation for Approval | Pass |
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18949
| 1 | 4. | Ecumenical Housing Corporation requests $53,575 to pay an unanticipated 2009 tax bill. | Discussion Item | Ecumenical Housing Corporation requests $53,575 to pay an unanticipated 2009 tax bill. EHC has been exempt from paying property taxes since 2000. In fall 2009, the state changed their guidelines related to non-profit property tax exemption. The new law required EHC to have 100% of their residents with documented income of 80% CMI or less and applied this requirement retroactively to January 1, 2009. EHC could not meet this requirement retroactively and lost their property tax exemption for 2009. This resulted in the agency having an unanticipated tax bill of $53,575. | Discuss and Finalize | Pass |
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18967
| 1 | 6. | Concentration Neighborhoods | Discussion Item | Concentration Neighborhood Plan | Discuss and Finalize | |
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18932
| 1 | 7. | CDBG 2010 Set Aside Funds | Discussion Item | CDBG 2010 Set Aside Funds | Discuss and Finalize | |
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18933
| 1 | 8. | CDBG 2010 June Staff Report | Discussion Item | CDBG 2010 June Staff Report | | |
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