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2. Second Avenue West RedevelopmentFROM: SUBJECT: MEETING DATE: of Kalispell �r Post Office :•x 1997 - Kalispell, Montana 59903-1997• 41 11 41 The Honorable Mayor Boharski and City Council Susan Moyer, Community Development Director Chris A. Kukulski, City Manager Second Avenue West Redevelopment/Hampstead Partners July 24, 2000 BACKGROUND: Hampstead Partners, Inc. will be submitting a Montana Board of Housing Tax Credit application this fall for the construction of a 60 to 65-unit senior citizen Independent living rental complex. Affordable Housing projects of this sort typically have the cooperation of a municipality in partnering on CDBG or HOME grant applications. The partnering assists our senior residents in bringing on line below market rents and utility payments. In this particular development, the property will remain on the tax rolls. With Council's concurrence, the Community Development Department will start the process of gathering citizen input for a "Community Needs Assessment." The Needs Assessment process must validate the need for this type of housing assistance to seniors. Additionally, it will identify and prioritize other needs within our community (such as economic development, public facilities, etc.) for which Council may wish to seek federal assistance in bringing to fruition. RECOMMENDATION: City Council approves the Community Development Department to proceed with the Needs Assessment Process. FISCAL IMPACT: The City is eligible to apply for up to $72,000 in administrative fees if CDBG and HOME grants are funded. These funds would be applied directly to administrative costs of the Community Development Department on the grants, which in the past were covered through the use of UDAG Program Income dollars. ALTERNATIVES: As suggested by Council. Respectfu y submitted, Susan Moyer, Director of Community Development A/ Chris A. Kukulski, City Manager