File #:
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RES41299
Version:
1
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Name:
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RES-Dept of Commerce Grants
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Type:
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Resolution
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Status:
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Adopted
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On agenda:
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11/28/2023
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Final action:
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11/28/2023
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Title:
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A resolution authorizing the execution of a grant agreement with the
Washington State Department of Commerce, in the amount of $1,000,000,
and accepting and depositing said sum into the Special Revenue Fund,
together with $500,000 in matching City funds, budgeted from the
Affordable Housing Sales Tax Fund, for a cumulative total of $1,500,000;
and authorizing the execution of an agreement with the Tacoma
Community Redevelopment Authority, in the amount of $1,500,000,
through November 1, 2050, for homebuyer education and first-time
homebuyer down payment assistance.
[Felicia Medlen, Housing Division Manager; Jeff Robinson, Director,
Community and Economic Development]
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Title
A resolution authorizing the execution of a grant agreement with the Washington State Department of Commerce, in the amount of $1,000,000, and accepting and depositing said sum into the Special Revenue Fund, together with $500,000 in matching City funds, budgeted from the Affordable Housing Sales Tax Fund, for a cumulative total of $1,500,000; and authorizing the execution of an agreement with the Tacoma Community Redevelopment Authority, in the amount of $1,500,000, through November 1, 2050, for homebuyer education and first-time homebuyer down payment assistance.
[Felicia Medlen, Housing Division Manager; Jeff Robinson, Director, Community and Economic Development]
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