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RESOLUTION

RESOLUTION

 

The City of Parkersburg is proposing an amendment to its 2014-2015 and 2015-2016 program year budget for the HOME Program,

 

Activity                                       Current Budget           Proposed Budget            Change

2014 HOME Adjustment of Funds

Administration                               $ 28,629.00                $ 28,629.00               $ –

CHDO-Habitat for Humanity          $ 88,000.00                $ 190,352.00             $ 102,352.00

SHOP-First Time Home Buyers     $121,552.00               $ 43,200.00               $ (78,352.00)

Owner Occupied Rehab               $ 69,500.00                $ 45,500.00               $ (24000.00)

Totals                                           $ 307,681.00              $ 307,681.00             $ –

 

2015 HOME Adjustment of Funds

Administration                               $ 26,102.07                $ 26,102.07               $ –

CHDO-Habitat for Humanity          $ 85,000.00                $ 66,371.94               $ (18,628.06)

Owner Occupied Rehab               $ –                               $ 74,314.03               $ 74,314.03

Affordable Housing Project           $130,000.00               $ –                              $(130,000.00)

SHOP ­ First Time Home Buyers  $20,179.93                 $ 94,493.96               $ 74,314.03

Totals                                           $ 261,282.00              $ 261,282.00             $ –

 

The purpose of this public notice is to inform affected citizens and invite public comments on proposed changes to the HOME Program. As part of its Citizen Participation Plan, the City will receive written comments on the amendment until August 26, 2016. An open meeting to discuss this amendment was held during the City of Parkersburg’s Finance Committee meeting Monday August 1, 2016 as well as at the Parkersburg City Council Meeting Tuesday August 9, 2016. Comments should be submitted to the Development Department, One Government Square, and P.O. Box 1627, Parkersburg, WV 26102. The City shall consider any such comments received, and if appropriate, modify the proposed changes. Any such comment shall be included as part of the City’s submission of the amendment to HUD. Changes proposed and changes adopted by the City Council are available for review during business hours at the Development Department, Fifth Floor, Municipal Building, between the hours of 8 A.M. and 4:30 P.M. For further information, please contact Ryan Barber, Development Projects Administrator, at the above address or by calling (304) 424- 8452.

 

 

Aug 16