WHEREAS, The City, through the Office of Housing and Community Development, has applied for a FY2013 Choice Neighborhoods Implementation Grant by submitting a Transformation Plan and Choice Neighborhoods Initiative funding proposal for the North Central Philadelphia Neighborhood; and
WHEREAS, The vision of the Plan is to build on existing neighborhood assets, encourage new private investment and transform North Central into a safe, stable and sustainable community that has a mix of affordable and market rate housing options, and that connects residents to each other and to their neighborhood, downtown and regional opportunities, jobs and assets; and
WHEREAS, The United States Department of Housing and Urban Development has notified the City that it has selected the City to receive a $30,000,000 FY2013 Choice Neighborhoods Implementation Grant and that the City's proposal is one of the best that embodies the goals of the Choice Neighborhoods Program; and
WHEREAS, HUD funding rules require Council's approval of the City's receipt of the grant and entry into related agreements with HUD; now, therefore
RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA, That the City is authorized to accept a Choice Neighborhoods Implementation Grant from the United States Department of Housing and Urban Development in the amount of $30,000,000 and the Director of Housing is authorized to enter into an agreement or agreements with HUD necessary to receive the grant award.
End