city of tacoma
File #: RES41428    Version: 1 Name: RES - Grant-WA Department of Commerce and Agmt-TCRA for Down Payment Assistance
Type: Resolution Status: Adopted
File created: 5/13/2024 In control: City Council
On agenda: 5/21/2024 Final action: 5/21/2024
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; and authorizing an increase to the agreement with the Tacoma Community Redevelopment Authority, in the amount of $1,000,000, for a total amount of $2,500,000, for the homebuyer education and first-time homebuyer down payment assistance program. [Felicia Medlen, Housing Division Manager; Jeff Robinson, Director, Community and Economic Development]
Attachments: 1. Resolution No. 41428, 2. City Council Action Memorandum, 3. Agreement, 4. Amendment
Related files: RES41299

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;
and authorizing an increase to the agreement with the Tacoma Community
Redevelopment Authority, in the amount of $1,000,000, for a total amount
of $2,500,000, for the homebuyer education and first-time homebuyer
down payment assistance program.

[Felicia Medlen, Housing Division Manager; Jeff Robinson, Director,
Community and Economic Development]