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185.2012 Target Neighhood RESOLUTION DESIGNATING TARGET NEIGHBORHOODS FOR PURPOSE OF A NEW YORK STATE AFFORDABLE HOUSING CORPORATION GRANT APPLICATION RESOLUTION NO.: 185, 2012 INTRODUCED BY: Mr. Tim Brewer WHO MOVED FOR ITS ADOPTION SECONDED BY: Mr. Anthony Metivier WHEREAS, the Town of Queensbury has developed an Affordable Housing Strategy, and WHEREAS, the Affordable Housing Strategy document included a detailed analysis of neighborhoods in the Town, and WHEREAS, that document identified Census Tract 708 and 706 Block Group 2 (known locally as West Glens Falls and South Queensbury) as areas which contained high concentrations of lower income, owner-occupied housing in need of significant rehabilitation assistance which cannot be met by the private sector without governmental assistance, and WHEREAS, that document identified that Strategy 1 included in the Affordable Housing Strategy was the "Protection and Expansion of the Stock of Affordable Housing in the Existing Neighborhoods," and WHEREAS, the Town of Queensbury will submit a 2012 HOME program application for additional funding to the NYS Office of Community Renewal (OCR) on or before the filing date of August 10, 2012, and if awarded, will use such funds as the required AHC match, and WHEREAS, in designating these areas as part of the AHC and HOME application process the Town has established that housing conditions in the area are characterized as deteriorating, substandard and in need of basic rehabilitation, and WHEREAS, the Town of Queensbury in the adopted Affordable Housing Strategy, specifically identified the New York State Affordable Housing Corporation as an important source of funds to implement the Town's program of owner-occupied housing rehabilitation in these targeted areas, NOW THEREFORE, BE IT RESOLVED, that the Town of Queensbury reaffirms the analysis and conclusions in the Affordable Housing Strategy and designates that Census Tracts 708 and 706 Block Group 2 as an area, as described in 21B NYCRR Section 2161.2 of the Regulations of the Affordable Home Ownership Development Program in which governmental assistance is necessary and appropriate to make necessary investment in homes in the area. Duly adopted this 18th day of June, 2012 by the following vote: AYES Mr. Stec, Mr. Metivier, Mr. Montesi, Mr. Strough, Mr. Brewer NOES None ABSENT None