INTER-OFFICE MEMORANDUM April 19, 2022
TO: Isaac Benton, President, City Council
FROM: Timothy M. Keller, Mayor
SUBJECT: title
Approval of Greater Albuquerque Housing Partnership's use of Community Development Block Grant funds in the total amount of $471,389.00 to conduct sewer/water, sidewalk, and street infrastructure improvements for the Hiland Plaza Development
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Approval of Greater Albuquerque Housing Partnership's use of Community Development Block Grant funds in the total amount of $471,389.00 to conduct sewer/water, sidewalk, and street infrastructure improvements for the Hiland Plaza Development.
This legislation will approve the use of CDBG funds for GAHP to enter into three contracts with the City to preform sewer/water, sidewalk, and street infrastructure improvements for the Hiland Plaza Development Project. The sewer/water project will cost $309,728.00, the sidewalk project will cost $68,661.00, and the street project will cost $93,000.00 in Community Development Block Grant Funds (CDBG). In total $471,389.00 of CDBG funds will be utilized.
This project is needed because it is a component of building the Hiland Plaza Development. The Hiland Plaza Development will increase housing stability in Albuquerque by creating 92 mixed use multi-family apartment units, of those 75 units will be for household with incomes at or below 65% Area Median Income.
This Request is forwarded to the Council for its consideration and approval.
Legislation Title: Approval of Greater Albuquerque Housing Partnership's use of Community Development Block Grant funds in the total amount of $471,389.00 to conduct sewer/water, sidewalk, and street infrastructure improvements for the Hiland Plaza Development.
Recommended: Approved as to Legal Form:
Lawrence Rael Date Esteban Aguilar Date
Interim Chief Administrative Officer City Attorney
Recommended:
Carol M. Pierce Date
Direct...
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