File #: O-176-24    Version: 1 Name:
Type: Ordinance Status: Approved
File created: 4/10/2024 In control: Housing & Community Development Department
On agenda: 4/24/2024 Final action: 4/24/2024
Title: Authorizing the Mayor to accept, deposit, appropriate and expend the FY 2023 Community Project Grant in the amount of $4,000,000 from the U.S. Department of Housing and Urban Development (HUD) for economic development and housing initiatives in the Englewood and Junction NRSAs; and declaring an emergency.
Attachments: 1. Schedule A FY 2023 CPF Funding Grant

Label
FY 2023 Community Project Grant B-23-CP-OH-1201
Department of Housing and Community Development
Director Rosalyn Clemens 419-936-3647
Revised

Title
Authorizing the Mayor to accept, deposit, appropriate and expend the FY 2023 Community Project Grant in the amount of $4,000,000 from the U.S. Department of Housing and Urban Development (HUD) for economic development and housing initiatives in the Englewood and Junction NRSAs; and declaring an emergency.

Body
SUMMARY & BACKGROUND:
The City of Toledo Department of Housing and Community Development has applied for and been award a HUD Community Project Grant of $4,000,000 (Kaptur Congressional Earmark) for the revitalization of the Englewood and Junction Neighborhood Revitalization Strategy Areas (NRSAs). The Grant will provide support for fa?ade, parking lot and white box rehabilitation to the Swayne Field Shopping Center; gap financing for single family housing rehabilitation; and financing support for energy efficient infill housing construction.

Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:

SECTION 1. That the Mayor is authorized to accept and deposit $4,000,000 of CPF funding from HUD into Account Code 2016-16200-5G10326STDREV.

SECTION 2. That the appropriation of $4,000,000 is authorized from the unappropriated balance of the CPF Program Fund, and the same is authorized for expenditure for the purposes of revitalization and housing initiatives in the Englewood and Junctions NRSAs.

SECTION 3. That the Mayor is authorized to enter into the necessary contracts or agreements to implement CPF activities in the Englewood and Junction NRSAs in accordance with terms and conditions as approved by the Director of the Department of Housing and Community Development and the Director of Law.

SECTION 4. That the Finance Director is authorized to issue warrant(s) against Account Codes 2016-16200-5G10326SWNFLD, 2016-16200-5G10326GAPFIN, 20...

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