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TO: Mayor Thomas J. Weisner
FROM: Jeff McLaughlin, Neighborhood Redevelopment Manager
DATE: June 18, 2014
SUBJECT:
Resolution Authorizing an Annual Action Plan Substantial Amendment (2014-#3) to take a Property Located at 83 North Avenue out of the Neighborhood Stabilization Program (NSP) Homebuyer Program Activity and transfer it to the NSP Rental Program Activity in Order to Facilitate a Sale of the Property under the Aurora Impact Initiative.
PURPOSE:
Staff requests the authorization of Annual Action Plan Substantial Amendment (2014-#3) to provide for a program activity switch for 83 North Avenue (PIN # 15-27-105-001)("Property"), a Property held under the Neighborhood Stabilization Program (NSP), from the NSP homebuyer program activity to the NSP rental program activity. The Property was originally purchased with the stated intent under the NSP program plan that it be resold as a homeownership opportunity. This programmatic switch will facilitate the disposition of 83 North Avenue to Boreas LLC and its ultimate reuse as a fully rehabilitated single family rental property. At its special meeting of June 18, 2014 the City of Aurora Block Grant Working Committee approved a recommendation that the above programmatic switch be authorized. The BGWC will hold a public hearing on the recommendations on Monday, July 7, 2014 in the City Hall Council Chambers, and public comment will be received through July 22, 2014.
BACKGROUND:
The City has owned the Property since 2009 and has actively been looking for a reuse scenario that would be cost effective given constrained resources and the allocation of existing housing funds to other projects. The transfer of the Property from the NSP Homebuyer Program Activity to the NSP Rental Activity, although ministerial in nature, requires an amendment to the City's Annual Action Plan for federal funding and a full public comment process under the City's public participation plan.
DISCUSSION:
City staff investigated six disposition scenarios for the Property which will be discussed in more detail in a subsequent staff report.
PHYSICAL DEVELOPMENT POLICIES / IMPACT STATEMENT:
This is a ministerial change to the City's Annual Action Plan for federal funding. Since 2009, the NSP Program has invested approximately $60,000 in acquisition and maintenance of the Property, and its reuse as long term affordable workforce housing is fully allowable under the Program.
RECOMMENDATIONS:
Staff recommends approval of a Resolution Authorizing an Annual Action Plan Substantial Amendment (2014-#3) to take a Property Located at 83 North Avenue out of the Neighborhood Stabilization Program (NSP) Homebuyer Program Activity and transfer it to the NSP Rental Program Activity in Order to Facilitate a Sale of the Property under the Aurora Impact Initiative
ATTACHMENTS:
Resolution
cc: Alderman O'Connor, Chairman
Alderman Mervine
Alderman Bohman
Alderman Peters, Alternate
Alderman Saville, Chairman
Alderman Donnell
Alderman Irvin
Alderman Hart-Burns, Alternate
Alderman Peters, Chairman
Alderman Garza
Alderman Bugg
Alderman Saville, Alternate
Alderman Hart-Burns, Chairman
Alderman Johnson
Alderman Mesiacos
Alderman Mervine, Alternate
CITY OF AURORA, ILLINOIS
RESOLUTION NO. _________
DATE OF PASSAGE ________________
title
A Resolution Authorizing an Annual Action Plan Substantial Amendment (2014-#3) to take a Property Located at 83 North Avenue out of the Neighborhood Stabilization Program (NSP) Homebuyer Program Activity and transfer it to the NSP Rental Program Activity in Order to Facilitate a Sale of the Property under the Aurora Impact Initiative
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WHEREAS, the City of Aurora has a population of more than 25,000 persons and is, therefore, a home rule unit under subsection (a) of Section 6 of Article VII of the Illinois Constitution of 1970; and
WHEREAS, subject to said Section, a home rule unit may exercise any power and perform any function pertaining to its government and affairs for the protection of the public health, safety, morals, and welfare; and
WHEREAS, the City of Aurora has initiated numerous housing and community development projects and activities through funding provided by the U.S. Department of Housing and Urban Development; and
WHEREAS, the City of Aurora has a Consolidated Plan and Annual Action Plan which have been adopted by the City Council and which have defined priorities for federal funding; and
WHEREAS, the City of Aurora's Block Grant Working Committee recommended adoption of the Annual Action Plan Substantial Amendment to reflect a programmatic change for 83 North Avenue to take the property from the NSP Homebuyer Program Activity and transfer it to the NSP Rental Program Activity; and
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Aurora, Illinois, that the Annual Action Plan Substantial Amendment (2014-#3) is authorized to provide the NSP programmatic change as approved by the Block Grant Working Committee and detailed in Exhibit "A" and that authorization is given to the City's Neighborhood Redevelopment Manager to execute any contracts or other documents pertaining to said approved amendment consistent with this Annual Action Plan Substantial Amendment (2014-#3) and all other provisions of the Annual Action Plan 2014 shall remain in full force and effect.
PASSED AND APPROVED on ______________.
AYES ____ NAYS ____ NOT VOTING ____ ABSENT ____
____________________________ __________________________
Alderman Bohman, Ward 1 Alderman Garza, Ward 2
____________________________ __________________________
Alderman Mesiacos, Ward 3 Alderman Donnell, Ward 4
____________________________ __________________________
Alderman Peters, Ward 5 Alderman Saville, Ward 6
____________________________ __________________________
Alderman Hart-Burns, Ward 7 Alderman Mervine, Ward 8
____________________________ __________________________
Alderman Bugg, Ward 9 Alderman Johnson, Ward 10
____________________________ __________________________
Alderman Irvin, At Large Alderman O'Connor, At Large
ATTEST:
____________________________ __________________________
City Clerk Mayor
Public Notice; Amendment for Program Revision