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<br />R-09-50 <br /> <br />A RESOLUTION ADOPTING A RESIDENTIAL ANTI-DISPLACEMENT AND <br />RELOCATION ASSISTANCE PLAN FOR THE CITY OF PORTSMOUTH'S <br />NEIGHBORHOOD STABILIZATION PROGRAM PROJECT. <br /> <br />WHEREAS, the Virginia Department of Housing and Community Development <br />(DHCD) awarded the City $2,000,000 in. federal Neighborhood Stabilization Program <br />(NSP) funds to purchase and rehabilitate residential properties that have been foreclosed <br />upon and to resell them to income-eligible parties; and <br /> <br />WHEREAS, federal regulations require that procedures be in place should the <br />use of NSP funds by the City result in the need to replace an occupied or vacant <br />occupiable dwelling unit that is demolished or converted to a use other than as a low, <br />moderate, or middle income dwelling unit. <br /> <br />WHEREAS, DHCD requires that the City adopt a Residential Anti-Displacement <br />and Relocation Assistance Plan ("Plan"); and <br /> <br />WHEREAS, the City Council has reviewed the proposed Plan, a copy of which is <br />attached hereto and identified as Exhibit A. <br /> <br />NOW THEREFORE BE IT RESOLVED by the Council of the City of <br />Portsmouth, Virginia that it approves and adopts said proposed Residential Anti- <br />Displacement and Relocation Plan and directs the City Manager or his designee to send a <br />copy of this resolution to the Virginia Department of Housing and Community <br />Development along with such other documents and assurances as may be required and <br />are in the best interests of the City of Portsmouth. <br /> <br />ADOPTED by the Council of the City of Portsmouth, Virginia at a meeting held <br />on September 8, 2009. <br /> <br />Teste: <br /> <br />City Clerk <br />