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A RESOLUTION <br />• EXPRESSING THE INTENT OF THE CHARLOTTESVILLE <br />CITY COUNCIL TO APPROPRIATE FUNDS TO <br />SUPPORT SECTION 8 HOUSING VOUCHERS FOR A SINGLE ROOM <br />OCCUPANCY FACILITY AT 401 FOURTH STREET, NW <br />WHEREAS, the Board of Commissioners of the Charlottesville Redevelopment <br />and Housing Authority (CRHA) has agreed to allocate existing but unused Section 8 <br />housing vouchers to provide rental assistance to low income individuals who are eligible <br />to reside in a Single Room Occupancy (SRO) facility to be constructed and operated by <br />The Crossings at Fourth and Preston, LLC at 401 Fourth Street, NW; and, <br />WHEREAS, CRHA does not currently have adequate funding to support the use <br />of the Section 8 vouchers allocated for the SRO facility; and, <br />WHEREAS, the City of Charlottesville supports the construction and operation <br />of the new SRO facility, and wishes to express its intent to contribute to the costs of new <br />Section 8 housing vouchers that will provide rental assistance to low and very low <br />income individuals and families. <br />NOW, THEREFORE, BE IT RESOLVED by the Council for the City of <br />Charlottesville, Virginia that the Council hereby expresses its intent to appropriate funds <br />in an amount that would support the issuance of up to twenty-one (21) Section 8 housing <br />• vouchers that can be used at the SRO facility to be developed by The Crossings at Fourth <br />and Preston, LLC. <br />Approved by Council <br />March 1, 2010 <br />Cl k f City Council <br />0 <br />