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HomeMy WebLinkAboutMINUTES - 01211992 - 1.48 HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA s TO: BOARD OF COMMISSIONERS DATED anuary 21, 1992 FROM: Perfecto Villarreal , Executive Director cc: SUBJECT: ADOPTION OF RESOLUTION APPROVING THE CORRECTED HUD FORMULA CHARACTERISTIC REPORT RELATED TO THE COMPREHENSIVE IMPROVEMENT ASSISTANCE PROGRAM I. RECOMMENDED ACTION: Adopt Resolution No. 3625 approving the corrected HUD Formula Characteristics Report (CFR) and certifying that the data contained in the report is accurate as corrected by Housing Authority staff, and authorize the Executive Director to provide HUD with the necessary corrected reports and a copy of the resolution. II. FINANCIAL IMPACT: Adoption of this resolution is essential for the Housing Authority to qualify for an estimated $2,567,481 in Modernization Funds from HUD for Federal Fiscal Year 1992 under the Comprehensive Grant Program. III. REASONS FOR RECOMMENDATION/BACKGROUND: The Housing Authority has received a letter from the U.S. Department of Housing and Urban Development (HUD) that it is eligible for participation in the HUD Comprehensive Grant Program. For Federal Fiscal Year 1992 the Housing Authority will be eligible for approximately $2,567,481 in federal funds for public housing moder- nization work under the HUD Comprehensive Grant Program. Housing authorities with more than 500 units of public housing are eligible for participation in a formula allocation of Comprehensive Grant Program funds. This formula allocation of modernization funds is a new method of distributing moder- nization funds to housing authorities. Prior to this year, HUD required housing authorities to compete for modernization funding on an annual basis. The Contra Costa Housing Authority has been very successful in competing for this modernization funding in the past 10 years. Under the new formula allocation method of moder- nization funding, the Housing Authority will receive a reduced funding amount than in . the past 10 years. CONTINUED ON ATTACHMENTS YES SIONATUFiEI r`7� RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S) ACTION OF BOARD ON 2 7 IQ02 APPROVED AS RECOMMENDED _ OTHER VOTE OF COMMISSIONERS X UNANIMOUS (ABSENT ) I HEREBY CERTIFY THAT THIS A TRUE AND AYES: NOES: CORRECT COPY OF AN ACTION TAKEN AND ABSENT: ABSTAIN: ENTERED ON THE MINUTES OF THE BOARD OF COMMISSIONERS ON THE DATE SHOWN. CCs ATTESTED JAN Phil Batchelor, Clerk of the Board of Commissioners M3e2/7-e3 BY , DEPUTY THE BOARD OF COMMISSIONERS, HOUSING AUTI1ORITY OF THE COUNTY OF CONTRA COSTA RESOLUTION NO. 3625 APPROVAL AND CERTIFICATION OF COMPREHENSIVE GRANT PROGRAM FORMULA CHARACTERISTICS REPORT FOR THE HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA WHEREAS, The U.S. Department of Housing and Urban Development has established a Comprehensive Grant Program to allocate modernization funds to housing authorities on a formula allocation basis for housing authorities with more than 500 public housing units in management; and, WHEREAS, the Housing Authority of the County of Contra Costa is eligible to participate in the HUD Comprehensive Grant Program; and, WHEREAS, the formula amount of modernization funding is based on the amount of federal appropriations for this program and on current data on each housing authority which is available to HUD; and, WHEREAS, it is essential that the data contained in the Formula Characteristics Report about each housing authority is correct so that accurate Comprehensive Grant Program funding allocations can be made; and, WHEREAS, HUD has provided the Housing Authority of the County of Contra Costa with a Formula Characteristics Report to review and make any necessary corrections on the report; and, WHEREAS, the housing authority staff has reviewed the Formula Characteristics Report and has made various corrections to the report; and, WHEREAS, the Board of Commissioners must approve and certify that the corrected Formula Characteristics Report is accurate and should now be submitted to HUD; NOW, THEREFORE, BE IT RESOLVED that the Board of Commissioners of the Housing Authority of the County of Contra Costa hereby adopts Resolution No. 3625 which approves and certifies the accuracy of the corrected Formula Characteristics Report for the Comprehensive Grant Program to be submitted to HUD on behalf of the Housing Authority of the County of Contra Costa. January 21 1992 PASSED ON by the following vote of the Commissioners: AYES: Commissioners Powers , Fanden, Schroder , Torlakson, McPeak NOES: None ABSENT: None I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the ABSTAIN: None Board of Supervisors on the date shown. ATTESTED: PHIL TCHELOR,CI c of the Board of Supervisors and County Administrator BY oeputy