Explanation
BACKGROUND:
This legislation authorizes the Director of the Department of Development to enter into a contract with Columbus Housing Partnership to support the Homebuyer Education Program. The Homebuyer Education Program will provide comprehensive counseling and education for homebuyers within the City of Columbus. The contract amount will be $125,000.
Columbus Housing Partnership targets those whose annual income is between 60% and 80% of the area's medium income, a group that is a top priority in the 2005-2009 Consolidated Action Plan for the City of Columbus. Columbus Housing Partnership will offer homebuyer education, pre-purchase counseling, post-purchase counseling, mortgage and delinquency counseling, default counseling, home equity conversion counseling, outreach initiatives, down payment assistance programs and resident development programming to low and moderate income residents throughout the City of Columbus. This program will assist about 900 people.
Emergency action is requested to allow program services to continue without interruption.
FISCAL IMPACT:
Funding for this program is allocated from the 2005 Community Development Block Grant Fund.
Title
To authorize the Director of the Department of Development to enter into a contract with Columbus Housing Partnership to fund the Homebuyer Education Program; to authorize the expenditure of $125,000 from the Community Development Block Grant Fund; and to declare an emergency. ($125,000)
Body
WHEREAS, the Department of Development, Housing Division desires to enter into a contract with Columbus Housing Partnership to fund the Homebuyer Education Program; and
WHEREAS, these monies will be used to provide to provide comprehensive counseling and education for homebuyers in the City of Columbus; and
WHEREAS, Columbus Housing Partnership targets those whose annual income is between 60% and 80% of the area's medium income, a group that is a top priority in the 2005-2009 Consolidated Action Plan for the City of Columbus; and
WHEREAS, Columbus Housing Partnership will offer home buyer education, pre-purchase counseling, post-purchase counseling, mortgage and delinquency counseling, default counseling, home equity conversion counseling, outreach initiatives, down payment assistance programs and resident development programming to residents throughout the City of Columbus; and
WHEREAS, Columbus Housing Partnership is a non-profit organization; and
WHEREAS, an emergency exists in the usual daily operation of the City in that it is immediately necessary to enter into contract with Columbus Housing Partnership so that necessary services can continue uninterrupted all for the preservation of the public health, peace, property, safety and welfare; and NOW THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the Director of the Department of Development is hereby authorized to enter into a contract with Columbus Housing Partnership to fund the Homebuyer Education Program to provide comprehensive counseling and education for homebuyers in the City of Columbus.
Section 2. This contract is awarded pursuant to Section 329.15 of the Columbus City Code.
Section 3. That for the purpose stated in Section 1, the expenditure of $125,000.00 or so much thereof as may be necessary, be and is hereby authorized to be expended from the Department of Development, Housing Division, Department No. 44-10, Fund 248, Object Level One 03, Object Level Three 3336, OCA Code 445127.
Section 4. That for the reasons stated in the preamble hereto, which hereby made a part hereof, this ordinance is
hereby declared to be an emergency measure and shall take effect and be in force from and after its
passage and approval by the Mayor, or ten days after passage if the Mayor neither approves nor
vetoes the same.