File #: 24-0533    Version: 1
Type: public hearing Status: Filed
File created: 6/12/2024 In control: City Council
Agenda date: 6/18/2024 Final action: 6/18/2024
Title: Public Hearing on the City of Olympia's Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Grant Application
Attachments: 1. PRICE Notice of Funding Opportunity, 2. Draft PRICE Grant Application, 3. Detailed Budget, 4. Letters of support, 5. Timeline
Title
Public Hearing on the City of Olympia's Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Grant Application

Recommended Action
Committee Recommendation:
Not referred to committee.

City Manager Recommendation:
Hold a Public Hearing on the City of Olympia's PRICE Grant application.

Report
Issue:
Whether to hold a Public Hearing on the City of Olympia's PRICE Grant application.

Staff Contact:
Anastasia Everett, Office of Community Vitality, CDBG Program Manager, 360.233.6197

Presenter(s):
Anastasia Everett, CDBG Program Manager
Darian Lightfoot, Director of Housing and Homeless Response

Background and Analysis:
The U.S. Department of Housing and Urban Development (HUD) has issued a Notice of Funding Opportunity (NOFO) which appropriates $235 million in competitive grant funding for the preservation and revitalization of manufactured housing and eligible manufactured housing communities. Congress has directed HUD to undertake a competition using the Community Development Block Grant (CDBG) statutory and regulatory framework for this first-of-its-kind initiative. The Preservation and Reinvestment Initiative for Community Enhancement (PRICE) supports communities in their efforts to maintain, protect, and stabilize manufactured housing and manufactured housing communities (MHCs).

The City of Olympia is partnering with Northwest Cooperative Development Center (NWCDC) and collaborating with Thurston County to prepare a grant application response to the PRICE NOFO. The submission requirements include a 15-day public comment period and a public hearing. The public comment period for the grant application opens June 17th and closes at 5:00 p.m. July 1st. Comments and testimony received during the public comment period will be incorporated into the City's application and submission to HUD. Following the completion of the public participation requirements and approval of City Council, staff will submit the completed application to gran...

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