Title
Approval of a Resolution Authorizing a Grant Application to the Department of Housing and Urban Development to Pursue Funding for Affordable Homeownership
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve a Resolution authorizing a Grant Application to the Department of Housing and Urban Development to pursue funding for affordable homeownership.
Report
Issue:
Whether to approve a Resolution authorizing a Grant Application to the Department of Housing and Urban Development to pursue funding for affordable homeownership.
Staff Contact:
Jacinda Steltjes, Affordable Housing Program Manager, Community Vitality, 360.753.8482
Presenter(s):
None - Consent Calendar Item.
Background and Analysis:
The U.S. Department of Housing and Urban Development (HUD) has released a Notice of Funding Opportunity (NOFO) for its second round of grant funding under the Pathways to Removing Obstacles to Housing (PRO Housing) grant program. A total of $100 million is available through the NOFO. The PRO Housing program is designed to provide funding to jurisdictions which have taken substantial actions to reduce barriers to affordable housing to further decrease persisting barriers. The City of Olympia and Thurston County, in partnership, intend to apply for PRO Housing funds to reduce barriers to affordable homeownership within City of Olympia city limits and within unincorporated Thurston County, with a focus on the Grand Mound/Rochester area. HUD has identified Grand Mound/Rochester as a high need and high priority geographic area extensively lacking affordable housing options.
Past Efforts to Reduce Barriers to Affordable Housing
Over the past several years, the City of Olympia has conducted several studies and strategic plans to help identify housing issues and approaches to address those issues. Through this work the City has remained resolute in our commitment to reducing barriers to affordable ho...
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