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249 <br /> <br />NORTH BELMONT CAPITAL PROJECTS <br /> <br />27-042-051538 Belmont Park: Implementation of Park Plan <br />27-042-051532 Downtown Improvements <br /> <br />$75,000 <br />$5,000 <br /> <br />SOCIAL PROGRAMS <br /> <br />18-042-062103 Readiness Achievement Project $15,000 <br />18-042-062104 Job Development for Family Self-Sufficiency $24,750 <br />18-042-062105 Children's Services Coordinator $35,000 <br />18-042-062106 JobKeys $t2,375 <br />18-042-062107 Walker Science, Math & Technology- $21,175 <br /> <br /> ADMINISTRATION AND PLANNING <br />18-042-092530 Direct costs of staff, auditing, citizen participation <br /> <br />$117,000 * <br /> <br /> *Funded through reprogrammed community development account and program <br />income <br /> <br />The amounts so appropriated as subgrants to other public agencies and private non-profit, <br />charitable organizations are for the sole purpose stated. The City Manager is authorized <br />to enter into agreements with those agencies and organizations as he may deem advisable <br />to ensure that the subgrants are expended for the intended purposes, and in accordance <br />with applicable federal and state laws and regulations; and <br /> <br />The City Manager, the Directors of Finance or Planning and Community Development, <br />and staff of the Charlottesville Redevelopment and Housing Authority (CRHA) are <br />authorized and directed to establish appropriate expenditure sub-accounts in the <br />Community Development Block Grant Fund to assist the City and CRHA in accounting <br />for such programs, and to establish administrative procedures and provide for mutual <br />assistance in the execution of the programs as provided by the Board of CRHA. <br /> <br /> APPROPRIATION <br />HOUSING OPPORTUNITIES MADE EQUAL (HOME FUNDING) <br />For Year Four (Fiscal Year 98/99) <br /> <br /> WHEREAS, the City of Charlottesville has been advised of the approval by the <br />U. S Department of Housing and Urban Development of Housing Opportunities Made <br />Equal (HOME) funding for the 1998-99 fiscal year; <br /> <br /> WHEREAS, the region has been awarded $696,000 for year six or fiscal year <br />98/99, in HOlVIE funding of which the City will receive $87,000 to be expended on <br />affordable housing initiatives such as Downpayment and Closing Cost Assistance, and <br />Rehabilitation for Homeownership Program; and $17,400 in CHDO funds. <br /> <br /> WHEREAS, it is a requirement of this grant that projects funded with HOME <br />initiatives money be matched with local funding in varying degrees; <br /> <br /> BE IT RESOLVED by the Council of the City of Charlottesville, Virginia that the <br />local match for the above listed programs will be covered by the Housing Initiatives <br />Capital Improvements Program account (26-020-051528) in the amount of $29,000.00 <br />and $5,800.00. The total of the HUD money and the local match, $116,000, and $23,200 <br />will be distributed between the following three accounts: Downpayment and Closing <br />Cost Assistance (11-042-062108) will receive $47,000 from HUD and $19,000 from the <br />City; Rehabilitation for Homeownership Program (11-042-062109) will receive $40,000 <br />from HUD and $10,000.00 from the City; CHDO funds for housing development (11- <br />042-062111) will receive $17,400 from HUD and $5,800 from the City. <br /> <br />HOME Program Funds <br />(Fiscal Year 98/99) <br /> <br />HOME %MATCH LOCAL <br />FUNDING REQUIRED MATCH TOTAL <br /> <br />Downpayment/Closing $47,000 25% $19,000 $66,000 <br /> <br /> <br />