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<br />RECOMMENDED ACTION: Recommend that the City Council: <br /> <br />1) Authorize the City Manager to execute a Neighborhood Stabilization Program 2 <br />(NSP 2) contract with the U. S. Department of Housing and Urban Development <br />for grant funds in the amount of $10,000,000. <br /> <br />2) Approve an Appropriation Adjustment recognizing $10,000,000 in Neighborhood <br />Stabilization Program 2 grant funds and appropriating the same. <br /> <br />3) Authorize the City Manager and the Clerk of the Council to execute an agreement <br />for the implementation of the Neighborhood Stabilization Program 2 in the <br />amount of $9,000,000 plus program income with: <br /> <br />ANR Industries, Inc. <br />Orange Housing Development Corporation and C & C Development <br /> <br />4) Approve an Appropriation Adjustment recognizing Neighborhood Stabilization <br />Program 1 (NSP1) program income funds and appropriating the same. <br /> <br />5) Authorize the City Manager and the Clerk of the Council to execute an <br />amendment with ANR Industries, Inc. for implementation of the single family and <br />Historic Condo components of the Neighborhood Stabilization Program 1 to <br />include program income, subject to non-substantive changes approved by the <br />City Manager and City Attorney. <br /> <br />6) Authorize the City Manager and the Clerk of the Council to execute an agreement <br />with Orange Housing Development Corporation and C & C Development for <br />implementation of the Rental Housing component of the programs Neighborhood <br />Stabilization Program 1 to include program income, subject to non-substantive <br />changes approved by the City Manager and City Attorney. <br /> <br /> <br /> <br /> <br /> <br />COMMENTS <br />COMMENTS <br /> <br /> <br />4. PUBLIC COMMENTS <br /> <br /> AT THIS TIME the members of the public may address the Community <br />Redevelopment and Housing Commission members regarding any non-agenda items <br />within the subject matter jurisdiction of the Commission. NO action may be taken on <br />non-agenda items unless authorized by law. <br /> <br /> WHEN SPEAKING, please state your name and address for the record. Limit your <br />remarks to three (3) minutes. The number of speakers and allotted time may be <br />limited at the discretion of the Commission. <br /> <br /> <br />CRHC AGENDA 4 FEBRUARY 16, 2010 <br /> <br />