ITEM TITLE:
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Public Hearing: PRICE Grant Draft Application
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SUBMITTED BY: Kate Huber, Community Development Director
FISCAL NOTES:
Expenditure Required: n/a
Unencumbered Balance: n/a
Funding Source: n/a
RECOMMENDATION:
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N/A - Public Hearing
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SUMMARY STATEMENT:
Community Development Department staff have prepared a draft grant application for the HUD Preservation and Reinvestment Initiative for Community Enhancement (PRICE) program.
The draft is available on the City of Valdez Public Notice Website for public review.
Public comment was accepted from the public from May 17th through June 7th. This hearing serves as the official opportunity for the public to provide comments directly to the City Council.
Community Development department staff will take the comments received during this meeting, as well as all comments received during previous open houses or received in writing and present Council with responses and an updated application draft for their meeting on July 2, 2024. The Council will vote on a final authorization to apply for the grant and local matching funds via resolution at the July 2nd meeting.
More information can be obtained from the Community Development Department by emailing PRICE@valdezak.gov or calling 907-834-3401.
The PRICE program will provide $235 million in funding for communities across the country to preserve and revitalize manufactured housing units and support accessibility modifications, repairs, and replacement of deteriorating manufactured housing units - especially to increase accessibility and access for persons with disabilities, facilitate aging in place for older adults and increase access to affordable housing for low-income households. The program seeks to increase housing supply and affordability for people of modest means nationwide, including in urban, suburban, rural, and tribal areas.
Another important focus of the program that is relevant to Valdez is to increase resilience to extreme weath...
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