TO: Members of the City Council
FROM: Mayor Angela Birney
DEPARTMENT DIRECTOR CONTACT(S):
Planning and Community Development
Carol V. Helland
425-556-2107
DEPARTMENT STAFF:
Planning and Community Development
Jeff Churchill, AICP
Planning Manager
Planning and Community Development
Ian Lefcourte, AICP
Senior Planner
TITLE:
title
Adoption of a Resolution Approving the Allocation of $572,700 to A Regional Coalition for Housing (ARCH) for the Development of Affordable Housing
a. Resolution No. 1555: A Resolution of the City Council of the City of Redmond, Washington, Authorizing the Duly-Appointed Administering Agency for A Regional Coalition For Housing (ARCH) to Execute All Documents Necessary to Enter Into Agreements for the Funding of Affordable Housing Projects, as Recommended by the ARCH Executive Board, Utilizing Funds from the City's Housing Trust Fund
OVERVIEW STATEMENT:
recommendation
Staff recommends that the City Council adopt a resolution (Attachment A) to authorize the allocation of $572,700 from the Housing Trust Fund to A Regional Coalition for Housing (ARCH) to finance affordable housing projects in East King County communities per the December 2021 Housing Trust Fund (HTF) Recommendations (Attachment B).
ARCH was created in 1992 through an interlocal agreement of several city governments and King County to address housing needs in East King County; it currently has 16 member jurisdictions. The ARCH Executive Board reviews funding requests received from non-profit housing providers every fall for projects related to affordable housing. The ARCH Executive Board provides recommendations to member Councils for funding early the following year. These recommendations must be approved by member Councils. This process is conducted annually.
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? Additional Background Information/Description of Proposal Attached
REQUESTED ACTION:
? Receive Information ? Provide Direction ? Approve
REQUEST RATIONALE:
* Relevant Plans/Policies:
The ...
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