Title
Habitat for Humanity Charlotte Funding Allocation
Action
Action:
Approve the Housing & Neighborhood Development Committee recommendation to approve a Community Development Block Grant allocation to Habitat for Humanity of Charlotte for single-family rehabilitation in the amount of $375,000.
Body
Committee Chair:
Council member Patsy Kinsey
Staff Resource(s):
Pamela Wideman, Neighborhood & Business Services
Warren Wooten, Neighborhood & Business Services
Explanation
* Habitat for Humanity of Charlotte is requesting $375,000 of Community Development Block Grant (CDBG) funding to continue partnering with the City to rehabilitate homes of low and moderate-income families.
* Approval of this funding is recommended as it meets the City's housing program goals including preserving the existing affordable housing stock, preventing displacement of homeowners, and allowing homeowners to age in place by creating a suitable living environment.
* City Council approval of this request will allow Habitat for Humanity to rehabilitate 33 homes throughout the city of Charlotte using CDBG funding.
Background
* On April 27, 2015, the City Council adopted the U.S. Department of Housing and
Urban Development Annual Action Plan (Plan).
* The Plan:
* Identifies the need for affordable, safe, and decent housing for low and moderate-income families.
* Reaffirms three basic goals of the City's Housing Policy:
* Preserve the existing housing stock,
* Expand the supply of affordable housing, and
* Support family self-sufficiency initiatives.
* The CDBG program supports the Plan and provides resources to address community housing needs, provide a suitable living environment, and expand economic opportunities for low and moderate-income persons.
* The primary CDBG program goal is to increase the stock and quality of affordable housing units serving households earning 80% ($51,350) or below Area Median Income (AMI).
* Since 2010, Habitat for Humani...
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