ORDINANCE NO. 176819

* Agreement with Portland Development Commission for $9,348,505 for the delivery of affordable housing and economic development programs and provide for payment. (Ordinance)

The City of Portland ordains:

SECTION 1. The Council finds that:

1.  The City of Portland’s Bureau of Housing and Community Development (BHCD) has available to it funds from the Federal Department of Housing and Urban Development (HUD) for use as authorized under HUD regulations for the Community Development Block Grant (CDBG) Program. The City has entered or is about to enter into a contract with HUD to conduct a CDBG Program for certain areas pursuant to Title I of the Housing and Community Development Act of 1974 as amended.

2.  The Portland HOME Consortium is the recipient of funding under the HUD HOME Investment Partnership Program (authorized by Public Law 101-625, Title II, November 26, 1990) for the development of affordable housing for low- and moderate-income households.

3.  The Portland Development Commission (Commission) is capable and willing to implement a portion of the FY 02-03 HOME Program relating to affordable housing development in the amount of $3,326,746 in base FY 02-03 allocation. There are sufficient funds in the approved FY 02/03 HOME Fund Base Budget for this Agreement.

4.  The Commission is capable and willing to perform services for the Community Development Block Grant Program for the City for FY 02-03. The City Council has authorized $6,021,759 through the Adopted FY 02-03 CDBG base budget to fund portions of the Commission’s housing, neighborhood improvement, economic development, and community services programs.

5.  The Council now desires to enter into a formal agreement with the Commission in the amount of $6,021,759 to implement a portion of the CDBG Program, and an additional $3,326,746 base budget HOME Programs to implement a portion of the HOME Program for a total contract in the amount of $9,348,505.

NOW, THEREFORE, the Council directs:

a. The Commissioner of Public Works is hereby authorized to enter into an agreement with Portland Development Commission (PDC) for the delivery of affordable housing and economic development programs in a form substantially in accordance with the agreement attached as Exhibit A (attached to original ordinance only).

b. The Mayor and City Auditor are hereby authorized to pay for said contract from the Community Development Block Grant and HOME Program fund.

Section 2. The Council declares that an emergency exists because delay in funding would interrupt PDC's ability to provide affordable housing and economic development programs; therefore, this ordinance shall be in force and effect from and after its passage by Council.

Passed by the Council, AUG 14 2002

GARY BLACKMER

Commissioner Erik Sten            Auditor of the City of Portland

Trell Anderson              By /S/ Susan Parsons

August 8, 2002                Deputy

BACKING SHEET INFORMATION

AGENDA NO. 1015-2002

ORDINANCE/RESOLUTION/COUNCIL DOCUMENT NO. 176819