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Agenda Item

3.7 21-0459 Subject: AAP FY 2020/21 Neighborhood Stabilization Program Substantial Amendments From: Housing And Community Development Department Recommendation: Adopt A Resolution: 1. Authorizing The Remapping Of Existing Neighborhood Stabilization Program (NSP) Target Areas For NSP1 And NSP3 Grants To The Community Development Block Grant (CDBG) Community Development Districts To Facilitate The Expenditure Of Program Funds and The Closure Of These Grants; And 2. Authorizing The Reprogramming Of Three Hundred Twenty-Six Thousand Five Hundred Eighty-One Dollars ($326,581) Of Neighborhood Stabilization Program Funds Designated For The Purchase Of Foreclosed Properties To The Acquisition And Conversion To Affordable Housing (ACAH) Program; And 3. Authorizing The Modification Of The Eligible Activity For 1222 89th Avenue From Rehabilitation To Demolition Of A Blighted Property; And 4. Authorizing The City Administrator To Prepare And Submit To The United States Department Of Housing And Urban Development The City's First and Second Substantial Amendments To Its Annual Action Plan (AAP) For Fiscal Year 2020/21, Which Is A Part Of The Five-Year Consolidated Plan (Con Plan) For Fiscal Years 2020/21-2024/25 To Reflect These Modifications; On The June 15, 2021 City Council Agenda As A Public Hearing