Resolution 110089
Endorsing and supporting an application by Nolen Properties LLC for a grant of federal Neighborhood Stabilization Program Round 3 funds from the Pennsylvania Housing Finance Agency.
Introduced by
From the floor
Passages in the official transcripts that cite this file number. Every quote links to its exact place in the record.
“The ayes have it and the motion carries. We will now consider Resolution No. 110089.”
Council President Verna · Stated Meeting, February 17, 2011 · Feb 17, 2011 · official transcript, this passage
Status timeline
- Feb 10, 2011Introduced and Ordered Placed On Next Week's Final Passage Calendar · CITY COUNCIL
- Feb 17, 2011ADOPTED · CITY COUNCIL
Official documents
Documents open on the City of Philadelphia’s legislative site.
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..Title Endorsing and supporting an application by Nolen Properties LLC for a grant of federal Neighborhood Stabilization Program Round 3 funds from the Pennsylvania Housing Finance Agency. ..Body WHEREAS, The federal Neighborhood Stabilization Program, Round 3 (NSP-3), authorized under the federal Housing and Economic Recovery Act of 2008, provides assistance to state and local governments to acquire and redevelop abandoned or foreclosed properties that might otherwise become sources of blight within their communities; and WHEREAS, The Commonwealth of Pennsylvania has been awarded $5,000,000 of NSP-3 funding, to be administered and distributed by the Pennsylvania Housing Finance Agency (PHFA); and WHEREAS, Nolen Properties LLC has made application to PHFA for $430,000 in NSP funds for a 31 unit affordable senior housing development known as Nugent Senior Apartments which shall be used for NSP-3 eligible activities. RESOLVED, That the Philadelphia City Council endorses and supports an application by Nolen Properties LLC for a grant of federal Neighborhood Stabilization Program Round 3 funds from the Pennsylvania Housing Finance Agency. . ..End