Presenter
Presented by Mr. Deasy
Title
Resolution authorizing the Urban Redevelopment Authority of Pittsburgh to submit an Application for Financial Assistance in the amount of up to $6,711,600 to the Commonwealth of Pennsylvania Department of Community and Economic Development for the operation and administration of certain programs in FY 2008-2009. (Council Districts: All).
Body
Whereas, the Urban Redevelopment Authority of Pittsburgh ("URA") administers programs for housing development, business development and neighborhood sites (the "Programs"); and
Whereas, URA wishes to obtain financial assistance from the Commonwealth of Pennsylvania in the amount of $6,711,600 for the Programs; and
Whereas, URA has prepared the DCED Single Application for Assistance under the under the FY 2008-2009 Housing and Redevelopment Assistance Program, which is available at the URA's offices; and
Whereas, URA has indicated in the Application that Community Development Block Grant, HOME, City bond and private funds will be provided as the matching share of project costs; and
Whereas, the City of Pittsburgh and URA are desirous of obtaining funds from the Commonwealth of Pennsylvania Department of Community and Economic Development for the prevention and elimination of blight under Section 4(c) of the Housing and Redevelopment Assistance Law, as amended.
Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. URA is hereby authorized to file a Single Application for Assistance with DCED for a grant in the amount of up to $6,711,600 for FY 2008-2009 in order to provide funding for the Programs and administration thereof.
Section 2. A blighting influence exists in many neighborhoods because of the continuing presence of unsafe, unsanitary and inadequate living conditions in dwellings and the continuing presence, in many neighborhoods, of vacant, open and vandalized buildings, and the proposed Programs will prevent or eliminate the existing blighting influences by (1) addressing the housing assistance needs of low and moderate income residents through the substantial rehabilitation and new construction of housing; (2) promoting neighborhood stability through residential and commercial development; (3) stimulating new investment in commercial and industrial facilities, thereby creating employment in the urban core; and (4) ensuring a productive tax base.
Section 3. The City of Pittsburgh will assume the provision of the full local share of project costs and will reimburse the Commonwealth of Pennsylvania for the Commonwealth's share of any expenditure found by DCED to be ineligible.