Title
Resolution authorizing the City to enter into a Cooperation Agreement with the Housing Authority of the City of Pittsburgh to Serve as Co-Applicant for the purposes of filing an Application with the U.S. Department of Housing and Urban Development for a FY 2022 Choice Neighborhoods Initiative grant in the amount of fifty million dollars ($50,000,000) and pledging City financial support in the amount of Thirty One Million and Two Hundred Seventy Five Thousand dollars ($31,275,000) for the project and City Owned Land to Effectuate the Purposes of the Bedford Dwellings/Hill District Neighborhood Transformation Plan and its implementation strategy.
Body
WHEREAS, the Council has determined that it is in the public interest and to the benefit of the citizens and residents of the City of Pittsburgh ("City") to provide its leadership as the Co-Applicant of the Choice Neighborhoods Initiative ("CNI") Implementation Grant Application for which the Housing Authority of the City of Pittsburgh ("HACP") will be the lead applicant;
WHEREAS, one or more Pennsylvania limited partnerships (the "Partnerships") will be created to acquire, construct, and equip one or more multifamily housing projects, i.e., mixed-income replacement housing development of Bedford Dwellings public housing, in FY2022 Bedford Dwellings/Hill District CNI Implementation Grant Application, to be located in the Bedford Dwellings/Hill District neighborhoods (the "Housing Project");
WHEREAS, in addition to the Housing Project, there will be various Critical Community Improvement activities (CCI) which includes a new 4-acre park (a/k/a Coal Seam Trail), creation of new affordable for-sale housing development, fa?ade repair for current owner-occupied homes, and commercial corridor investments in the Hill District neighborhood as part of the CNI Implementation Grant;
WHEREAS, the Project will include the use of Community Development Block Grant funds and will require the use of Community Development Bl...
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