Tompkins County
New York

Resolution
7465

Authorization to Disburse County Funds to the Community Housing Development Fund for West End Heights

Information

Department:Planning and Sustainability DepartmentSponsors:
Category:Housing

Attachments

  1. Printout

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 October 23, 2017, for Round 16, 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 proposal receive funding as indicated in the table, and

 

Applicant

Project

Location

Number of Affordable Units

Dollar Amount Recommended

Sponsors

Lakeview Health Services, Inc.

West End Heights

City of Ithaca

60 rental units

$250,000 ($100,000 County & $150,000 City)

Tompkins County and City of Ithaca

 

WHEREAS, the City of Ithaca SEQR review process has been completed for the West End Heights project, formerly known as the 709 W. Court Street Apartments (Supportive and Affordable Housing), with a Negative Determination, and

             

WHEREAS, the Tompkins County Legislature through Resolution No. __ of 2017 concurs with the City of Ithaca’s SEQR Negative Declaration determination for West End Heights, now therefore be it

 

RESOLVED, on recommendation of the Planning, Development, and Environmental Quality Committee, That Tompkins County authorizes the expenditure of $100,000 of its funds to support the West End Heights project as recommended by the CHDF Program Oversight Committee, and

 

RESOLVED, further, That the Director of Finance be and hereby is authorized to make the following 2018 budget adjustment:

Revenue CD8695.42411                             Program Income   $100,000

Appropriation CD8695.54400                             Program Expense  $100,000

 

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

SEQR ACTION: Full Environmental Assessment Form on File with the Legislature Clerk