PASSED

This enacted ordinance authorizes Philadelphia’s Directors of Housing, Commerce, and Finance to apply for and accept federal and Pennsylvania grants for community development, affordable housing, emergency shelters, housing for people with AIDS, blight prevention, and neighborhood business programs. It also authorizes the City to use up to $20 million in HUD-backed Section 108 loans, secured by Community Development Block Grant funds or other approved security, and to take the steps needed to carry out these programs.

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; and to file applications 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 file applications 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.