Tompkins County
New York

Resolution
2017-79

Authorization to Disburse County Funds to OAR's (Opportunities, Alternatives, and Resources) Endeavor House

Information

Department:Planning and Sustainability DepartmentSponsors:
Category:HousingFunctions:Housing

Attachments

  1. Printout
  2. PDEQ_Cover_Memo_HsgFundRound14_4-21-17 (This file has not yet been converted to a viewable format)

Resolution/Document Body

WHEREAS, the Tompkins County Legislature through Resolution No. 2015-154 authorized funding for the Community Housing Development Fund, and

 

WHEREAS, the Community Housing Development Fund (CHDF) assists with the development costs associated with residential and mixed-use real estate development projects primarily benefiting low- and moderate-income households, and requires that newly constructed or rehabilitated homes supported by the program are not only made available to low- to moderate-income households, but also remain affordable to future generations of renters and buyers, and

 

WHEREAS, the Notice of Funding Availability was made available to interested parties with a deadline of March 20, 2017, for Round 14, and

 

WHEREAS, one application was received and reviewed by the CHDF Application Review Committee, which made formal funding recommendations for funding to the CHDF Program Oversight Committee, and

 

WHEREAS, the Program Oversight Committee accepted and recommended that the following proposal receive funding as indicated in the table:

 

Applicant

Project

Location

Number of Affordable Units

Dollar Amount Recommended

Sponsor

OAR

Endeavor House

City of Ithaca

2 (the 4 SRO beds are counted as 2 rental units by the program)

$60,000

Tompkins County

 

WHEREAS, Tompkins County, with the approval of the U.S. Department of Housing and Urban Development (HUD), uses Program Income Funds for its contributions to the Community Housing Development Fund, and

 

WHEREAS, the disbursement of any County funds shall not take place until a subcommittee of Program Oversight Committee members representing Tompkins County, the City of Ithaca, and Cornell University meet to review and approve:

(1)              a revised full construction budget based on itemized cost estimates from licensed contractors detailing all aspects of the project;

(2)              updated source of funds documentation demonstrating funds adequate for all project costs; and

              (3) a revised operating budget that accurately reflects cash flow,

now therefore be it

 

RESOLVED, on recommendation of the Planning, Development, and Environmental Quality Committee, That Tompkins County authorizes the expenditure of $60,000 of its Program Income funds to support OAR’s Endeavor House project as recommended by the CHDF Program Oversight Committee,

 

RESOLVED, further, That the Director of Finance be and hereby is authorized to make the following budget adjustment:

Revenue:               CD8695.42411                             Program Income               $60,000

Appropriation:              CD8695.54400                             Program Expense               $60,000

 

RESOLVED, further, That the County Administrator or his designee be and hereby is authorized to execute agreements in order to implement this grant program, consistent with this resolution.

SEQR ACTION: TYPE II-2

Meeting History

May 4, 2017 3:00 PM  Planning, Development, and Environmental Quality Committee Regular Meeting

Ms. McDonald explained that this is round 14 of the Community Housing Fund and the program oversight Committee has recommended an award of $60,000 to OAR's Endeavour House that would provide for single-room occupancy beds for individuals returning to the community from Tompkins County Jail. There was a condition on the approval that a sub-committee representing all the funding organizations of the fund meet to review the updated numbers. There are some new sources of funding that will assist the project. The meeting has been scheduled and will take place prior to the Legislature meeting.

Ms. Dietrich thanked Ms. McDonald for her assistance in developing the real estate development budget and she now feels secure with the figures.

Ms. Chock encouraged Ms. Dietrich to look into eligibility of other funding sources and programs once the closing on the property takes place.

RESULT:RECOMMENDED [UNANIMOUS]
MOVER:Carol Chock, Member
SECONDER:Martha Robertson, Chair
AYES:Martha Robertson, Dooley Kiefer, David McKenna, Carol Chock
EXCUSED:Michael Sigler
May 16, 2017 5:30 PM Media Tompkins County Legislature Regular Meeting
RESULT:ADOPTED [12 TO 0]
MOVER:Glenn Morey, Member
SECONDER:Dooley Kiefer, Member
AYES:Carol Chock, James Dennis, Rich John, Dooley Kiefer, Daniel Klein, Michael Lane, Leslyn McBean-Clairborne, Martha Robertson, David McKenna, Glenn Morey, Michael Sigler, Peter Stein
EXCUSED:Will Burbank
AWAY:Anna Kelles