Title
Resolution authorizing a Cooperation Agreement or Agreements with the Urban Redevelopment Authority of Pittsburgh designating URA as the City’s agent for administration of the 2015-2016 HOME Investments Partnership Program. (Council Districts: All)
Body
Whereas, the U.S. Department of Housing and Urban Development (“HUD”) has awarded the City $1,636,132.00 in HOME Investment Partnership Program (“HOME”) funds for fiscal year 2015; and
Whereas, the City has submitted a program description to HUD designating the Urban Redevelopment Authority of Pittsburgh (“URA”) as its agent for implementation of the HOME program (the “Program”); and
Whereas, the City wishes to enter into a cooperation agreement designating URA as its agent to administer the Program and to provide for certain other matters required by HUD;
Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. The Mayor and the Director of the Department of City Planning are hereby authorized to enter into a 2015 HOME Program Cooperation Agreement or Agreements with URA in the amount of $1,636,132.00, in form approved by the City Solicitor, designating URA as the City’s agent for administration of the Program, authorizing URA to draw down funds directly from HUD and requiring URA to comply with all applicable provisions of 24 CFR Part 92.