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07-27-23-8.3 - Resolution - 07/27/2023RESOLUTION NO. 07-27-23-8.3 A RESOLUTION OF THE CITY OF COLLEGE STATION, TEXAS APPROVING SUBSTANTIAL AMENDMENT #1 TO THE 2022 ANNUAL ACTION PLAN TO ADD RENTAL HOUSING CONSTRUCTION AS A GOAL AND PROJECT; AND TO MOVE $150,369 FROM HOME INVESTMENT PARTNERSHIP GRANT RENTAL HOUSING REHABILITATION, $39,254 FROM HOME INVESTMENT PARTNERSHIP GRANT DOWN PAYMENT ASSISTANCE, AND $170,000 FROM COMMUNITY DEVELOPMENT BLOCK GRANT RENTAL HOUSING REHABILITATION TO RENTAL HOUSING CONSTRUCTION FOR A TOTAL OF $359,623. WHEREAS, the City of College Station, Texas, has a Five-Year Consolidated Plan that has been approved by City and HUD that guides the development of the annual Action Plan and Budget; and WHEREAS, the City of College Station, Texas has an established Community Development Program Under Chapter 373 of the Texas Local Government Code that (1) identifies areas of the City with concentrations of low- and moderate-income persons; (2) establishes areas in which program activities are proposed; (3) provides a plan under which citizens may publicly comment on activities; and (4) requires public hearings on program activities; and WHEREAS, the City of College Station has prepared Substantial Amendment #1 to the 2022 Action Plan that (1) adds Rental Housing Construction as a Goal and Project; and (2) moves $150,369 from HOME Investment Partnership grant Rental Housing Rehabilitation, $39,254 from HOME Investment Partnership Grant Down Payment Assistance, and $170,000 from Community Development Block Grant Rental Housing Rehabilitation to Rental Housing Construction for a Total of $359,623. WHEREAS, the City of College Station has provided adequate information to the citizens and an opportunity to participate in the development of Substantial Amendment #1 to the 2022 Action Plan; and WHEREAS, the City of College Station acknowledges that the adoption of Substantial Amendment #1 to the 2022 Annual Action Plan is in the best interest of the City; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEGE STATION, TEXAS: PART 1: That the City Council hereby approves Substantial Amendment #1 to the 2022 Annual Action Plan to add Rental Housing Construction as a Goal and Project; and (1) adds Rental Housing Construction as a Goal and Project; and (2) moves $150,369 from HOME Investment Partnership grant Rental Housing Rehabilitation, $39,254 from HOME Investment Partnership Grant Down Payment Assistance, and $170,000 from Community Development Block Grant Rental Housing Rehabilitation to Rental Housing Construction for a Total of $359,623 RESOLUTION NO. 07-27-23-8.3 Page 2 PART 2: That the City Council hereby designates and authorizes and the City Manager to sign all required applications, certifications, evaluations and other forms required by HUD for Substantial Amendment #1 to the 2022 Annual Action Plan. PART 3: That this resolution shall take effect immediately from and after its passage. ADOPTED this 27th day of July 2023. ATTEST: APPROVED: City Secretary Mayor APPROVED: City Attorney