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105.2004 RESOLUTION AUTHORIZING SUBMISSION OF HOME APPLICATION TO NEW YORK STATE DIVISION OF HOUSING AND COMMUNITY RENEWAL AND AUTHORIZING HOUSING REVOLVING LOAN FUND RESOLUTION NO.: 105, 2004 INTRODUCED BY: Mr. Theodore Turner WHO MOVED FOR ITS ADOPTION SECONDED BY: Mr. Daniel Stec WHEREAS, by Resolution No.: 528,2003, the Town Board authorized submission of the Town of Queensbury’s Affordable Housing Strategy to the New York State Governor’s Office for Small Cities, and WHEREAS, by Resolution No.: 529,2003, the Town Board authorized engagement of the services of Shelter Planning & Development, Inc., to provide assistance with applications for funds and administration of housing and community development programs including the New York State Small Cities Program, Division of Housing & Community Renewal and Affordable Housing Corporation, and WHEREAS, the New York State Division of Housing and Community Renewal (DHCR) has been designated to administer the HOME Program, a federal program funded by the Federal National Affordable Housing Act of 1990, and WHEREAS, DHCR has established a submission date of February 9, 2004 for accepting applications under the HOME Program, and WHEREAS, the Town of Queensbury has reviewed its housing needs and has developed a program to meet those needs, and WHEREAS, the HOME application process requires that the governing body of the applicant authorize the submission of the application and related actions, NOW, THEREFORE BE IT RESOLVED, that the Queensbury Town Board hereby authorizes and directs the Town Supervisor to submit an application to the New York State Division of Housing and Community Renewal (DHCR) and act in connection with the submission of the application, including execution of all required certifications and forms and provision of additional information as may be required, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the commitment of $100,000 for the housing revolving loan fund as outlined in the HOME application to be taken from HUD Program Income (B-93-DH-36-0292) and the commitment of up to $17,000 through in-kind services and/or cash, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Supervisor, Community Development Department and Budget Officer to take such other and further action as may be necessary to effectuate the terms of this Resolution. nd Duly adopted this 2 day of February, 2004 by the following vote: AYES : Mr. Boor, Mr. Turner, Mr. Strough, Mr. Brewer, Mr. Stec NOES : None ABSENT: None