HomeMy WebLinkAboutResolution 1173A Resolution # //7, '
APPROVING APPLICATION FOR FRONT END FUNDS
FOR LOW-RENT PUBLIC HOUSING
WHEREAS, it is the policy of this locality to eliminate substandard
and other inadequate housing, to prevent the spread of slums and blight, and to
realize as soon as feasible the goal of a decent home in a suitable living en-
vironment for all of its citizens, and
WHEREAS, under the provisions of the United States Housing Act of
1937, as amended, the United States of America, acting through the Secretary of
Housing and Urban Development (herei.n called the "Government"), is authorized
to provide financial assistance to local public housing agencies for under-
taking and carrying out preliminary planning of low-rent housing projects that
will assist in meeting this goal, and
WHEREAS, the Act provides that there shall be local determination of
need for low-rent housing to meet needs not being adequately met by private en-
terprise and that the Government shall not make any contract with a public
housing agency for preliminary loans for surveys and planning in respect to any
low-rent housing projects unless the governing body of the locality involved
has by resolution approved the applicationof the public housing agency for such
front end funds, and
WHEREAS, the Housing Authority of the City of Fort Worth, Texas
(herein called the "Local Authority") is a public housing agency and is
applying to the Government for front end funds to cover the costs of surveys
and planning in connection with the development of low-rent housing,
NOW THEREFORE, be it resolved by the City Council of the City of Fort
Worth as follows.
1. That there exists in the City of Fort Worth a need for such low-
rent housing which is not being met by private enterprise;
2. That the application of the Local Authority to the Government
for front end funding in an amount not to exceed 1% of Total
Development Cost for surveys and planning in connection with
low-rent housing projects not to exceed approximately 200
dwelling units is hereby approved.
APPROVED THIS DAY OF
D
CITY OF FORT WORTS