PASSED

The enacted ordinance authorizes Philadelphia’s Housing and Commerce directors to apply for and accept federal and state grants for housing and community development, including programs for affordable housing, emergency shelters, housing for people with AIDS, and blight prevention. It also authorizes applications for Elm Street and Main Street grants and allows the City to use up to $20 million in HUD-backed financing, secured by Community Development Block Grant funds or other approved security. The measure primarily affects City housing and commerce programs and the communities and projects supported by these funds.

Authorizing the Director of Housing, on behalf of the City, to file applications with the United States Department of Housing and Urban Development (HUD) for a Community Development Block Grant (CDBG); to participate in the HOME Investment Partnership program and the Emergency Shelter Grant (ESG) program; and for a Housing Opportunities for Persons with AIDS (HOPWA) grant; with the Commonwealth to obtain grants under the Act of April 12, 1956, P.L. 1449, Section 4, as amended, to prevent and eliminate blight; authorizing the Director of Housing and Director of Commerce to obtain other grants from the Commonwealth; authorizing the Director of Commerce to use the Section 108 Loan Guarantee Program; and authorizing the Director of Housing and the Director of Commerce to enter into all understandings and assurances contained in such applications and take all necessary action to accept the grants, all under certain terms and conditions.