Agenda Information Sheet
DEPARTMENT: Community Improvement
CM/ ACM: John Cabrales, Jr.
Date: September 20, 2016
SUBJECT
Title
Consider adoption of an ordinance of the City Council of the City of Denton, Texas, approving guidelines for operation of the City of Denton Home Improvement Program and eligibility criteria; authorizing expenditures in excess of $100,000 for projects meeting program guidelines and criteria; and providing for an effective date.
Body
BACKGROUND
This ordinance approves guidelines and eligibility criteria for the 2016-17 Home Improvement Program (HIP). Passage of this ordinance authorizes project payments that exceed $100,000 when the project meets program eligibility criteria and guidelines. Eligibility Income Limits have been updated to comply with Department of Housing and Urban Development (HUD) adjusted limits that became effective March 28, 2016.
The City Council awarded Community Development Block Grant (CDBG) and Home Investment Partnership Program (HOME) grant funds to HIP for the 2016-17 program year as part of the City of Denton 2016 Action Plan for Housing and Community Development submitted to HUD on June 7, 2016. Additional funding sources may include program income, and owner-provided personal funds. Bids are requested for all rehabilitation and reconstruction projects. Homeowners select their contractor from the bids that meet HIP guidelines.
The following revisions are being proposed to the 2016 HIP guidelines:
1. Revision to the percentage of funds provided as a loan and/or a deferred loan;
2. "Eligibility Income Limits" are updated at the time HUD publishes revised limits to comply with the HUD's adjusted limits. Current limits were effective March 28, 2016;
3. Increase in project cost limits due to increase in construction costs.
OPTIONS
* The City Council may approve the ordinance accepting the 2016-17 HIP guidelines with recommended revisions.
* The City Council may request that staff make additional r...
Click here for full text