392.2006
RESOLUTION APPROVING GRANT AWARD FOR CASE FILE #5076 IN
CONNECTION WITH TOWN HOUSING REHABILITATION PROGRAM
– NEW YORK STATE AFFORDABLE HOUSING CORPORATION
AFFORDABLE HOME OWNERSHIP DEVELOPMENT PROGRAM
RESOLUTION NO.: 392, 2006
INTRODUCED BY: Mr. Tim Brewer
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Daniel Stec
WHEREAS, the Town of Queensbury has established a Housing Rehabilitation Program
which provides grants to cover 100% of the cost of rehabilitation up to a maximum of $20,000,
whichever is less, and
WHEREAS, the Town has received grant funds from the New York State Affordable
Housing Corporation Affordable Home Ownership Development (AHOD) Program to cover up
to 60% of eligible project costs with a maximum grant not to exceed $10,000, and
WHEREAS, a single family property Case File #5076has been determined to be eligible
for rehabilitation grant assistance and the owner of the property has requested such assistance,
and
WHEREAS, property rehabilitation specifications have been provided to at least three (3)
qualified contractors for bid, and
WHEREAS, the low bid cost to complete the work specified is Thirty eight thousand one
hundred twenty dollars and no cents ($38,120.00), and
WHEREAS, Shelter Planning & Development, Inc. has overseen the grant process and
has verified that it has been followed in this case and recommends approving this grant, and
WHEREAS, the Homeowner is eligible to receive a grant for up to $15,000 from the
Governor’s Office for Small Cities Program and up to $15,000 from the New York State DHCR
HOME Program and up to $5,000 from the Town of Queensbury Community Development Loan
Fund, and
WHEREAS, a lien will be filed against the property for the benefit of the New York State
Affordable Housing Corporation for a period of five years from the completion of the
rehabilitation,
NOW, THEREFORE, BE IT
RESOLVED, that the Town of Queensbury approves an AHOD Grant for Case File
#5076, Queensbury, New York, in the amount not to exceed Ten thousand dollars and no cents
($10,000.00) and authorizes and directs either the Town Supervisor or Town of Queensbury
Executive Director of Community Development to execute a Grant Award Agreement and take
such other and further action as may be necessary to effectuate the terms of this Resolution.
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Duly adopted this 14 day of August, 2006, by the following vote:
AYES : Mr. Brewer, Mr. Stec, Mr. Boor, Mr. Sanford
NOES : None
ABSENT : Mr. Strough