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R2004-78 AUTHORIZING FUND ALLOCATION
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R2004-78 AUTHORIZING FUND ALLOCATION
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1/5/2016 2:25:32 PM
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Resolution/Ordinance
Res Ord Num
R2004-78
Res Ord Title
AUTHORIZING U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FUND ALLOCATION - ANNUAL ACTION PLAN FOR FY 2004 / 2005
Approved Date
5/17/2004
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. • <br /> staff will coordinate interaction between city government and neighborhood residents, including <br /> the Police and Public Works Departments. CONO and the City will continue to organize, <br /> promote and host National Night Out. <br /> , Subrecipient „ Total Project FY04 CDBG = <br /> � � Cost ALLOCATION <br /> Coalition of Nei borhood Or anizations $6,500 $6,500 <br /> Totals $6,500 $6,500 <br /> Subarea 4.4: Services for Persons with Disabilities <br /> In accordance with page 66 of the Consolidated Plan, the City will continue to address the need <br /> for additional supportive services for people with disabilities. The City will work with social <br /> service organizations to provide supportive services for disabled individuals, including home <br /> safety devices, ramps, and education. Soyland Access to Independent Living will serve as a <br /> refenal agency to match those needs to those who can provide it. <br /> AREA 5.0: ECONOMIC DEVELOPMENT <br /> In support of the Neaz North Redevelopment, Olde Towne Redevelopment, downtown <br /> revitalization, and other ongoing economic development initiatives within Decatur, the City will <br /> undertake the following economic development activities in FY04: <br /> ❖ Facade program-Downtown Historic Preservation: The City will provide with <br /> CDBG funds the Facade program. The program is designed to eliminate unsafe or <br /> hazardous conditions while restoring the unique azchitectural qualities and design <br /> features. In addition the program will improve the economic vitality of the downtown. <br /> This will benefit the community in general, and specifically properties located in the <br /> O1deTowne Redevelopment TIF, which is also one of the targeted areas. <br /> ❖ The City will seek to offer increased employment and economic opportunities <br /> throughout the area. The city has coordinated business retention and development in <br /> its Downtown Business District, industrial parks, commercial areas, enterprise zone, <br /> and TIF districts. Economic health and job retention and growth contribute toward <br /> reducing the number of persons living below the poverty level. <br /> ❖ Section 108 Loan Guarantee: In conjunction with the HOPE VI effort, the City of <br /> Decatur has accessed an estimated$3M of Section 108 guaranteed loan funds to <br /> support infrastructure improvements for the Phase I construction area in the Near <br /> North Redevelopment Area. Additionally, the City is moving towards accessing <br /> another$5.4M of Section 108 guaranteed loan funds to support other low and <br /> moderate income housing opportunities in the Near North. These funds will be used <br /> in part to fund infrastructure improvements for Phase II. These funds could also be <br /> utilized to finance projects to be carried out by neighborhood based nonprofit <br /> organizations, private developers, Section 103(d) or specialized Small Business <br /> Investment Companies and local development corporations consistent with our five <br /> year goals and the goals of the HOPE VI revitalization project. <br /> ❖ In FY2000/O1, the Decatur City Council approved establishment of the Olde Towne <br /> Redevelopment Project Area as a tax increment financing district. This represents the <br /> 21 <br />
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