2 Hennepin CO CDBG FundsCITYOF
City Center Drive, PO Box 147
~anhassen, Minnesota 55317
Phone 612.93Z 1900
;eneral Fax 612.93Z5739
,~neering t ax 612.93Z9152
dic Safe~ tax 612.934.2524
".b www. ci. chanhassen, mn. us
MEMORANDUM
TO:
Scott Botcher, City Manager
FROM:
Kate Aanenson, AICP, Community Development Director
DATE:
June 7, 1999
SUB J:
Reallocation of 1997-1998 Community Development Block Grant
Funding
BACKGROUND
The 1997-98 allocation for CDBG was $50,729. The city did not receive funding
for the year 1998-99, but did for the year 1999-2000. The 1997-98 request was to
target home buyers that were in the 50 percent of median income for the
metropolitan area. The original proposal was to provide a loan for $27,300, with
a maximum housing price of $95,000.
ANALYSIS
Staff has been working with the Chanhassen Bank and Carver County HRA to
advertise the availability of funding. To date, 2 years later, we have been
unsuccessful in providing assistance. Staff is recommending reallocating the
1997-98 CDBG dollars ($50,729) for land acquisition. Staff is working with
Habitat for Humanity and Carver County to relocate existing homes that the city
owns. The additional allocationwill help to secure a lot(s) for these existing
homes or building habitat homes.
A public hearing is required for the reallocation of the CDBG funding.
RECOMMENDATION
Staff is recommending that the 1997-1998 CDBG funding of $50,729 be
reallocated for land acquisition for affordable housing.
Attachment: Resolution
2ity of Chanhassen. A growing comrnum{y with clean lakes, quali{y schools, a charming downtown, thriving businesses, and beautiful parks. A great place to live, work, and fla~.
DA TE:
CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
~ r
RESOLUTION ~ ~ . ~
SECONDED BY:
MOTION BY: '
RESOLUTION APPROVING REALLOCA TIONOF 1997-1998 URBAN HENNEPIN COUNTY.
COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM- .
WHEREAS, the City of Chanhassen, through execution of a doint Cooperation Agree ~t~.nt with
Hennepin County, is cooperating in the Urban Hennepin County Community Development BIo~k Grant
Program; and' -
WHEREAS, the City of Chanhassen held a public hearing on June 14, 1999, to obtain ~e'vieWs
of the .c.i.t.?_ons and local and Urban Hennepin County housing and community development n.~e~dsand
the Citys proposed use of $50,729' from the 1997-1~98 Urban Hennepin County C~munity
Development Block Grant. · '
BE IT RESOLVED, that the City Council of the City of Chanhassen approves the realio~ation of-
$50,729· from the 1997-1998 Community Development Block Grant Program for/and acquisition. ~ -
BE IT FURTHER RESOLVED, thatthe City Council hereby authorizes and-directs the. ~or and _
City-Manager to execute the Subrecipient Agreen~ent and any required Third Party Agreement ~ bel~alf
Passed and adopted by the Chanhassen City Council this ~ 4~ day of June,-1-999. ~ - '
Scott A. Botcher, Citg Clerk/Manager' Nancy K~ Mancino, Mayor