Neighborhood Stabilization Program Funds ApplicationMasterpiece on the Mississippi
TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Application for Neighborhood Stabilization Program Funds
DATE: June 1, 2010
Housing and Community Development Department Director David Harris is
recommending approval of an application for additional Neighborhood Stabilization
Program Funds and that a public hearing be set for June 21, 2010, to consider this
issue.
I concur with the recommendation and respectfully request Mayor and City Council
setting of the public hearing.
Michael C. Van Milligen
MCVM:jh
Attachment
cc: Barry Lindahl, City Attorney
Cindy Steinhauser, Assistant City Manager
David Harris, Housing and Community Development Department Director
Dubuque
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2007
Masterpiece on the Mississippi
TO: Michael Van I gen, City Manager
FROM: David Wis Housing and Community Development Department
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SUBJECT: Application for Neighborhood Stabilization Program funds
DATE: 24 May 10
Dubuque
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2007
Introduction
The purpose of this memorandum is to request the City Council to approve the attached
resolution, setting a public hearing for the purpose of submitting an application to the
Iowa Dept of Economic Development (IDED) for Neighborhood Stabilization Program
(NSP) funds.
Background
We received an NSP 1 award of $444 328 in April 09. Grantees were required to have
their funds obligated by the end of March. Those failing to meet this deadline had their
awards recaptured. IDED has made these funds available to other grantees, under a
competitive application process. We received notification of this opportunity on May
13 with a 28 May submission deadline. For that reason, the application has been
prepared and submitted prior to City Council approval.
We have obligated our previous funding award in a variety of ways, including purchase
and rehabilitation of foreclosed properties located at 2515 White, 1925 Washington,
1699 Washington and 2315 Jackson. In addition, we have obligated NSP funds to
move and rehab an acquired Bee Branch home, from 324 East 24 Street to 2300
Washington; and to renovate and sell two City -owned Bee Branch houses located at
2312 and 2268 Washington Street. And $40 000 has been set aside for Dubuque's
Habitat for Humanity organization to purchase and renovate a City- acquired Bee Branch
home at 2227 Elm Street and move it to 517 East 22 Street.
Discussion
We have submitted a request for $626 593 additional NSP funds to continue our
program of acquiring, renovating and re- selling vacant and /or foreclosed properties in
Census Tracts No. 5 and 11.02 (primarily in the Washington Neighborhood.) In
particular, we will use the requested funds to rehab, finance and re -sell eight homes the
City acquired in the 2200 -2400 block of Washington Street, for the Bee Branch project,
that are not required for the right -of -way.
Action Step
The action requested of the City Council is to approve the attached resolution, setting a
public hearing for the purpose of approving an application to the Iowa Department of
Economic Development for Neighborhood Stabilization Program funds, in the amount of
$626 593 .
RESOLUTION NO. 181 -10
RESOLUTION SETTING A PUBLIC HEARING ON AN APPLICATION TO THE IOWA
DEPARTMENT OF ECONOMIC DEVELOPMENT (IDED) FOR NEIGHBORHOOD
STABILIZATION PROGRAM FUNDS
WHEREAS, the US Department of Housing and Urban Development (HUD) has
made available funding to state and local governments to respond to the increased
number of foreclosures, by passage of the Housing and Economic Recovery Act of
2008; and
WHEREAS, IDED has recaptured funds previously allocated to Iowa
municipalities and has now made these funds available for application; and
WHEREAS, the City of Dubuque intends to apply for these funds to be used to
acquire, renovate and re -sell foreclosed and vacant and abandoned properties; and
WHEREAS, IDED requires that a municipality's governing body hold a public
hearing as a condition of application for these funds.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
DUBUQUE, IOWA:
Section 1. That the City Council will meet in the Federal Building, Council Chambers,
350 West 6 Street, Dubuque, Iowa at 6:30 pm on 21 June 2010 for the purpose of
holding a public hearing and taking action on this application.
Section 2. That the City Clerk be and she is hereby authorized and directed to publish a
notice of such public hearing and the City Council's intent to review and take action on
the application for Neighborhood Stabilization Program funds.
7th
Passed, approved and adopted this day of June 2010.
Attest:
eanne F Schneider, CMC, City Clerk
Roy ►f Buol, Mayor