TITLE
Resolution authorizing the Urban Redevelopment Authority of Pittsburgh to submit six applications for financial assistance for six projects in the aggregate amount of $3,402,600 to the Commonwealth of Pennsylvania Department of Community and Economic Development for the operation and administration of certain projects in FY 2010-2011. (Council Districts 4, 6, 7 & 9).
BODY
Whereas, URA wishes to obtain financial assistance from the Commonwealth of Pennsylvania in the amount of $3,402,600 for the following projects (collectively, the "Projects"):
Allegheny Riverfront $850,000
Liberty Park Phase 2 $900,000
Middle Hill Housing/Wylie Avenue Homes $550,000
Beechview - 1601 Broadway Avenue $280,000
Strategic Site Assembly - Uptown $550,000
Strategic Site Assembly - Larimer $272,600
Federal Hill Phase 3 $272,600
Whereas, URA has prepared six applications for financial assistance for the Projects (the "Applications") under the under the FY 2010-2011 Housing and Redevelopment Assistance Program; and
Whereas, URA has indicated in the Applications that $6,568,687 $8,951,687 in HUD Upfront Grant, Community Development Block Grant, HOME, City, Pittsburgh Development Fund, UDAG Program Income, and other local 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 the Applications with DCED for six grants in the amounts set forth above and totaling $3,402,600 for the Projects for FY 2010-2011 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.