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  2. Board Of Aldermen - Agenda - 5/23/2017 - P6

Board Of Aldermen - Agenda - 5/23/2017 - P6

By dnadmin on Sun, 11/06/2022 - 21:55
Document Date
Tue, 05/23/2017 - 00:00
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 05/23/2017 - 00:00
Page Number
6
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__052320…

AMENDED
RESOLUTION R-17-095

13. Salem Street Tot Lot - $40,000
Rehabilitation of neighborhood park to include new play structures, safety surfaces and
lighting.

14. Crown Hill Pool Lining - $100,000
Resurfacing of pool and associated concrete repairs.

15. Court Street Fire Station Rehabilitation - $ 47.463
Rehabilitation of historic fire station to minimum code and safety standards for use as a

community resource.

That all open and active CDBG activities from previous Action Plans be carried forward and

entered in the FY18 Action Plan as applicable; and

That the following HOME activities be carried out with an estimated annual grant of

$290,000:

1.

HOME Grant Administration - $29,000

Administration of the HOME Program by the Urban Programs Department, including
determining eligibility, technical assistance to participants, compliance with program
regulations, underwriting, preparation and review of construction specs, environmental
review, long-term monitoring and reporting to HUD.

Community Housing Development Organization (CHDO) Reserve - $43,500

‘Mandatory set aside, equal to 15% of the annual grant, for specific activities to be undertaken

by a private nonprofit, community-based organization that has staff with the capacity to
develop affordable housing for the community it serves. In order to qualify for designation as
a CHDO, the organization must meet certain requirements pertaining to their legal status,
organizational structure, capacity and experience as it relates to the project they are
developing.

Affordable Housing Development - $217,500

Acquisition, rehabilitation and /or conversion of residential and/or non-residential buildings
to create affordable rental and/or home-owner housing, occupied by HOME-eligible
households. Projects may be developed by non-profit, for-profit, public or private entities.

That the HOME activities above will be adjusted proportionately to reflect an increase or

decrease in the annual HOME allocation, as announced by HUD following approval of this
Resolution.

Page Image
Board Of Aldermen - Agenda - 5/23/2017 - P6

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