Explanation
BACKGROUND: This ordinance authorizes the appropriation and expenditure of 2019 HOME Investment Partnerships Program (HOME) program income in an amount up to $449,926.26 received as a result of repayments from recipients of grant funding from the U.S. Department of Housing and Urban Development (HUD) to fund personnel costs for the Division of Housing in an amount up to $44,992.63 and authorizes the Director of Development to use these funds to enter into contracts to assist first time homebuyers, for-profit, and non-profit organizations with grants and no or low interest loans for projects designed to increase and preserve the local supply of decent, safe, sanitary, and affordable housing for low and moderate income families in an amount up to $404,933.63.
In 2018, the Department of Development changed how it prepares its annual HOME budget and when program income is used. Before the 2018 budget/program year, program income was to be used in the same year it was received. In 2018 and later, program income is receipted the year it is received, but it is not utilized in the budget (expended) until the following year. In FY 2019, $449,926.26 of program income was received and none of it was appropriated in 2020 as the first few ordinances put forth appropriated 2020 grant funds.
This legislation represents appropriation for the HOME portion of the 2020 Action Plan, per Ordinance 2162-2019.
Emergency action is requested to allow for continuation of services without interruption.
Fiscal Impact: $449,926.26 in program income was receipted in 2019 and available in Fund 2201 G451901 for HOME projects in the 2020 HOME budget.
Title
This ordinance authorizes the appropriation and expenditure of 2019 HOME Investment Partnerships Program (HOME) program income in an amount up to $449,926.26 received as a result of repayments from recipients of grant funding from the U.S. Department of Housing and Urban Development (HUD) to fund personnel costs for the Division of Housing in an amount up to $44,992.63 and authorizes the Director of Development to use these funds to enter into contracts to assist first time homebuyers, for-profit, and non-profit organizations with grants and no or low interest loans for projects designed to increase and preserve the local supply of decent, safe, sanitary, and affordable housing for low and moderate income families in an amount up to $404,933.63; and to declare an emergency. ($449,926.26).
Body
WHEREAS, the City of Columbus is a participating jurisdiction of the U.S. Department of Housing and Urban Development; and
WHEREAS, the City of Columbus is the recipient of HOME Investment Partnerships funds from the U.S. Department of Housing and Urban Development; and
WHEREAS, the Columbus City Council has approved the 2020 Action Plan, per Ordinance 2162-2019, as required by HUD; and
WHEREAS, it is necessary to appropriate and expend 2019 HOME grant program income for HOME funded programs in the 2020 HOME budget; and
WHEREAS, HOME funds will be used to fund Division of Housing personnel costs and assist 1st time homebuyers, for-profit and non-profit organizations with grants and no or low interest loans for projects designed to increase and preserve the local supply of decent, safe, sanitary, and affordable housing for low income families; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development, Housing Division, in that it is immediately necessary to appropriate and expend said funds to allow for continuation of services without interruption, thereby preserving 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 from the unappropriated monies and from all monies estimated to come into said fund from any and all sources and unappropriated for any other purpose during the fiscal year ended December 31, 2020, the sum of $44,992.63 is appropriated in Fund 2201 (HOME), from Dept-Div 44-10 (Housing), G451901 (2019 HOME), object class 01 (Personnel) per the account codes in the attachment to this ordinance.
SECTION 2. That the expenditure of $44,992.63 or so much thereof as may be needed, is hereby authorized in Fund 2201 (HOME), Dept-Div 4410 (Housing), G451901 (2019 HOME), object class 01 (Personnel) per the account codes in the attachment to this ordinance.
SECTION 3. That from the unappropriated monies and from all monies estimated to come into said fund from any and all sources and unappropriated for any other purpose during the fiscal year ended December 31, 2020, the sum of $404,933.63 is appropriated in Fund 2201 (HOME), from Dept-Div 44-10 (Housing), G451901 (2019 HOME), object class 05 (Other) per the account codes in the attachment to this ordinance.
SECTION 4. That the expenditure of $404,933.63 or so much thereof as may be needed, is hereby authorized in Fund 2201 (HOME), Dept-Div 4410 (Housing), G451901 (2019 HOME), object class 05 (Other) per the account codes in the attachment to this ordinance.
SECTION 5. That the Director of Development is hereby authorized to enter into agreements with various entities to assist 1st time homebuyers, for-profit and non-profit organizations with grants and no or low interest loans for projects designed to increase and preserve the local supply of decent, safe, sanitary, and affordable housing for low income families.
SECTION 6. Funds are hereby deemed appropriated and expenditures and transfers authorized to carry out the purposes of this ordinance and the City Auditor shall establish such accounting codes as necessary.
SECTION 7. That the City Auditor is authorized to make any accounting changes to revise the funding source for all contracts or contract modifications associated with this ordinance.
SECTION 8. At the end of the grant period, any repayment of unencumbered balances required by the grantor is hereby authorized and any unused City match monies may be transferred back to the City fund from which they originated in accordance with all applicable grant agreements.
SECTION 9. That for the reasons stated in the preamble hereto, which is 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 approval by the Mayor, or ten days after passage if the Mayor neither approves nor vetoes the same.