Title
Resolution authorizing the City of Pittsburgh (the "City") to enter into a Memorandum of Understanding with the Housing Authority of the City of Pittsburgh ("HACP") to serve as Co-Applicant for the purposes of (1) Submitting a FY2015/2016 Choice Neighborhoods Planning and Action Grant Application to the U.S. Department of Housing and Urban Development ("HUD") in an amount up to $2,000,000; and (2) authorizing a financial commitment from the City in the amount of $10,000 for the purpose of formulating a Transformation Plan for the Bedford Dwellings/Middle Hill District Neighborhood.
Body
WHEREAS, HUD has issued a FY2015/2016 Notice of Funding Availability ("NOFA") under HUD's Choice Neighborhoods Planning and Action Grant Program (FR-5900-N-14) (the "CNI Program");
WHEREAS, pursuant to the NOFA, eligible applicants may apply for a Planning and Action Grant (the "Planning and Action Grant") in an amount up to $2,000,000 in order to develop and implement a comprehensive neighborhood revitalization strategy for eligible neighborhoods (the "Transformation Plan"); and
WHEREAS, HACP is the owner of certain real property and related improvements located in the City, Allegheny County, Pennsylvania known as Bedford Dwellings ("Bedford Dwellings"); and
WHEREAS, HACP has determined that it is in the best interests of HACP and the residents of Bedford Dwellings to submit an application in response to the NOFA (the "Planning and Action Grant Application") in order to obtain a Planning and Action Grant for the purpose of the redevelopment of Bedford Dwellings and the immediate surrounding neighborhood known as the "Middle Hill District" (together, the "Eligible Neighborhood"), with one-for-one replacement housing units and additional mixed-income housing and, subsequently, apply for a Choice Neighborhoods Initiative Implementation Grant for the Eligible Neighborhood, in several phases; and
WHEREAS, the Council of the City ("Council") has determined ...
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