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  2. Board Of Aldermen - Agenda - 4/27/2021 - P88

Board Of Aldermen - Agenda - 4/27/2021 - P88

By dnadmin on Mon, 11/07/2022 - 07:03
Document Date
Fri, 04/23/2021 - 15:22
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 04/27/2021 - 00:00
Page Number
88
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__042720…

RESOLUTION R-21-126 Amended

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Activities to be funded in FY22:

FY20 Impact Fund - Revive Recovery $319.71
FY20 Impact Fund - PLUS Co $9,052.00
FY20 Impact Fund general balance $6,125.00

Public Services - $99,151

Support of public service programs principally benefiting low-moderate income
beneficiaries of Nashua. This pool of funds shall be applied to CDBG eligible activities
identified through the Citizens Advisory Commission for Community Grants process.
Public Services shall not exceed 15% of the entitlement award plus prior year program
income.

Project Delivery - $125.000

Construction management related to physical CDBG projects and Housing Improvement
Program, including but not limited to the direct cost of the Urban Programs Department
staff to conduct environmental reviews, drafting scope of work, preparation of bid
documents, bidding, construction management and Davis Bacon compliance.

CDBG Grant Administration - $141.201.80

General administration and planning costs of carrying out the CDBG and other related
HUD projects by the Urban Programs Department, including but not limited to regulatory
compliance monitoring, IDIS management, preparation of required grant reports,
advertising, recording fees, etc. Amount shall not exceed 20% of the entitlement award
plus actual program income received during the program year.

Owner-Occupied Housing Improvement Program (HIP) - $50.000

Financial and technical assistance to eligible low-moderate income, owner-occupants in
for essential repairs of 1-4 family residential properties. Financial assistance provided in
the form of 0% deferred payment loans and/or grants for certain emergency work, as
described in the Program’s Guidelines. Minor rehab work, including code and safety
corrections, repairs, accessibility, etc. Emergency work, costing at least $1,000 and up to
$5,000, may be offered in the form of a grant rather than a loan to owners at or below
30% AMI. Owners earning above 30% AMI may be offered assistance in the form of a
loan. Repayment of prior HIP loans during the fiscal year, in excess of annual estimated
program income, shall be distributed between this Program and the Rental Improvement
Program.

Rental Improvement Program - $100.000

Program offering 0% interest, deferred payment loans for essential repairs of residential
rental properties containing 1-8 units, occupied by income eligible tenants. Financing
and other terms more fully described in the Program’s Guidelines. Properties located in
the City’s lowest income census tracts will receive priority.

PLUS Company - $10.000
Rehabilitation of bathroom to include ADA accessibility improvements located at 19
Chestnut Street.

Girls Incorporated - $20.000
Roof replacement at 27 Burke Street

Page Image
Board Of Aldermen - Agenda - 4/27/2021 - P88

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