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HomeMy WebLinkAbout2025-358-06.16.2025.docDocusign Envelope ID: C5437E67-2B88-4253-9B6F-D49108784CF5 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-358 RESOLUTION APPROVING FY26-28 FUNDING RECOMMENDATION HOME CONSORTIUM CONSOLIDATED PLAN/ANNUAL ACTION PLAN WITH COMMUNITY DEVELOPMENT OF WATERLOO, IOWA, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS, the City of Waterloo participates in the HOME Consortium to enhance affordable housing opportunities and community development in partnership with federal programs; and WHEREAS, the Community Development of Waterloo has prepared the FY26-28 HOME Consortium Consolidated Plan/Annual Action Plan which sets forth the funding recommendations and strategic initiatives to be undertaken in the upcoming fiscal periods; and WHEREAS, the Plan outlines allocation strategies and projects aimed at improving housing affordability, accessibility, and related community resources for the benefit of all citizens; and WHEREAS, the City Council has reviewed the recommendations and supports their alignment with local housing and community development priorities; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The City Council hereby approves the proposed FY26-28 funding recommendation outlined in the HOME Consortium Consolidated Plan/Annual Action Plan. 2. The City affirms its commitment to the Plan's objectives, supporting initiatives that promote quality, affordable housing and sustainable development across the community. 3. The Mayor and City Clerk are authorized and directed to execute said documents on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 16th day of June 2025. ,-DocuSigned by: C% iw A -art ATTEST: ,-Signed by: Nancy itigo° Feputy City Clerk SEAL Quentin in 26art, Mayor