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80B - NEIGHBORHOOD STABLIZATION PROGRAM
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11/17/2008
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80B - NEIGHBORHOOD STABLIZATION PROGRAM
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Last modified
1/3/2012 4:27:05 PM
Creation date
11/12/2008 1:17:19 PM
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City Clerk
Doc Type
Agenda Packet
Item #
80B
Date
11/17/2008
Destruction Year
2013
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DRAFT <br />• a description of housing rehabilitation standards that will apply to NSP assisted <br />activities? <br />Yes® No^. Verification found on page 10-11 <br />D. LOW INCOME TARGETING <br />• Has the grantee described how it will meet the statutory requirement that at least <br />25% of funds must be used to purchase and redevelop abandoned or foreclosed <br />upon homes or residential properties for housing individuals and families whose <br />incomes do not exceed 50% of area median income? <br />Yes® No^. Verification found on page 11 <br />• Has the grantee identified how the estimated amount of funds appropriated or <br />otherwise made available will be used to purchase and redevelop abandoned or <br />foreclosed upon homes or residential_properties for housing individuals or <br />families whose incomes do not exceed SO% of area median income? <br />Yes® No^. Verification found on page 11 <br />Amount budgeted = $1'.;800,000 <br />E. ACQUISITIONS c~ RELOCATION <br />Does grantee plan to demolish or convert any low- and moderate-income dwelling units? <br />Yes^ No®. (If no, continue to next. heading} <br />Verification found on page <br />If so, does the substantial amendment include: <br />• The number of low- and moderate-income dwelling units-i.e., <_ 80% of area <br />median income-reasonably expected to be demolished or converted as a direct <br />result ofNSP-assisted activities? <br />Yes^ ' No^. Verification found on page <br />The number of NSp affordable housing units made available to low- ,moderate-, <br />and middle-income households:-i.e., <_ 120% of area median income <br />reasonably expected to be produced by activity and income level as provided for <br />in DRGR, by each NSP activity providing such housing (including a proposed time <br />schedule for commencement and completion)? <br />Yes^ No^. Verification found on page <br />• The number of dwelling units reasonably expected to be made available for <br />households whose income does not exceed 50 percent of area median income? <br />Yes^ No^. Verification found on page <br />F. PUBLIC COMMENT PERIOD <br />Was the proposed action plan amendment published via the grantee jurisdiction's usual <br />methods and on the Internet for no less than 15 calendar days of public comment? <br />Yes® No^. Verification found on page 12 <br />32 <br />80B-42 <br />
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