Year 2010 temporary budget to make available the ... - Jersey City

LEGISLATIVE FACT SHEET
This summary sheet is to be attached to any ordinance, resolution, cooperation
agreement, or contract that is submitted for Council consideration. Incomplete or sketchy
summary sheets wil be returned with the resolution or ordinance. The Department,
Division or Agency responsible for the overall implementation of the proposed project or
program should provide a concise and accurate statement of facts.
FULL TITLE OF ORDINANCE I RESOLUTION I COOPERATION AGREEMENT:
RESOLUTION OF THE MUNICIPAL COUNCIL OF THE CITY OF JERSEY
CITY AUTHORIZING AN AFFORDABLE HOUSING TRUST FUND (AHTF)
AGREEMENT WITH HABITAT FOR HUMANITY OF HUDSON COUNTY, INC.
FOR 476 - 478 OCEAN AVENUE
NAME AND TITLE OF PERSON INITIATING THE RESOLUTION:
Darice Toon, Director, Division of Community Development - 201-547-5304
DESCRIPTION OF THE PROGRAM, PROJECT, PLAN, PURCHASE, ETC.:
Construction of two (2) single family homes.
ANTICIPATED COMMUNITY BENEFITS OR ASSESSMENT OF DEPARTMENTAL
NEED:
Creation of affordable housing
COSTS OF PROGRAM OR PURCHASE: (IF EQUIPMENT PURCHASE, WHAT DOES
IT REPLACE. HOW WILL THE PROGRAM OR PURCHASE BE FUNDED?):
Volunteer contributions, HOME, private donations approximately $300,000
IF CONTRACT, PROJECT OR PLAN DATE OF COMMENCEMENT:
ANTICIPATED COMPLETION DATE:
February 2010
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I CERTIFY THE FACTS PRESENTED HEREIN ARE ACCURATE.
SIGNATURE OF DIVISION DIRECTOR . ,WtJtlO
~SIGNA URE OF DEPARTMENT DIRECTOR
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DATE
Note: Affordable Housing Trust Funds balance after this award - $670, 074