Commissioners Court - Regular Session

Issue viewing agenda items? Click here to switch to the old format.

Return to the Search Page Return to the Agenda

23.

Meeting Date:	03/10/2009
Submitted By:	Sally Bardwell, HUD Grants
Department:	HUD Grants

Agenda Item

Discuss how Williamson County should proceed with the use of funds from the Neighborhood Stabilization Program allocated through the Texas Department of Housing and Community Affairs.

Background

Attached is the draft NOFA for the Neighborhood Stabilization Program distributed through the Texas Department of Housing and Community Affairs. The NOFA gives details of each type of eligible projects/programs as well as eligibility requirements and regulations. Below is a list of eligible program activities.

Financing Mechanisms
Activity Type: NSP Eligible Use (A) Establish finance mechanisms for purchase and redevelopment of foreclosed upon homes and residential properties.

Acquisition of Real Property (Purchase and Rehabilitation)
Activity Type: NSP Eligible Use (B) Purchase and rehabilitate homes and residential properties that have been abandoned or foreclosed upon, in order to sell, rent or redevelop such homes and properties.

Land Bank
Activity Type: NSP Eligible Use (C) Establish land banks for homes that have been foreclosed upon.

Clearance (Removal of Blight or Demolition)
Activity Type: NSP Eligible Use (D) Demolish Blighted Structures

Redevelopment
Activity Type: NSP eligible use (E) Redevelop Demolished or Vacant Properties

The County has been earmarked for $1,066,554. Cities and non-profits can apply for these funds directly. Cities and non-profits within the County have been contacted and informed of this funding opportunity. Coordination among applicants is encouraged as to avoid a competitive process through TDHCA.

Fiscal Impact

From/To	Acct No.	Description	Amount

Attachments
NSP Draft NOFA

Form Review

Inbox	Reviewed By	Date
County Judge Exec Asst.	Wendy Coco	03/05/2009 11:13 AM
Form Started By: Sally Bardwell		Started On: 03/05/2009 11:08 AM
Final Approval Date: 03/05/2009