city of tacoma
File #: RES40528    Version: 1 Name: RES - Down Payment Assistance
Type: Resolution Status: Adopted
File created: 12/5/2019 In control: City Council
On agenda: 12/17/2019 Final action: 12/17/2019
Title: A resolution authorizing the use of up to $5,000 of City Council Contingency Funds, to conduct a survey of home sale prices over a two to three month period of time and take needed steps towards requesting that the U.S. Department of Housing and Urban Development revise the area-median sales prices on existing homes and new construction in order to submit the changes with the Fiscal Year 2020-2021 Annual Action Plan with an effective date of July 1, 2020. [Council Member Ibsen]
Sponsors: Anders Ibsen, Chris Beale, Keith Blocker, Lillian Hunter
Attachments: 1. Resolution No. 40528, 2. City Council Action Memorandum, 3. City Council Consideration Request

Title

A resolution authorizing the use of up to $5,000 of City Council Contingency Funds,

to conduct a survey of home sale prices over a two to three month period of time and

take needed steps towards requesting that the U.S. Department of Housing and

Urban Development revise the area-median sales prices on existing homes and

new construction in order to submit the changes with the Fiscal Year 2020-2021

Annual Action Plan with an effective date of July 1, 2020.

[Council Member Ibsen]