Explanation
Background: The Department of Development seeks to modify a Not for Profit Service Contract with The Columbus Urban League (CUL) to allow costs for reimbursement of Housing Counseling credit reports, in addition to Convergence Columbus credit report reimbursements, to assist with the Journey to Wealth program being provided by CUL.
Original Agreement $20,000.00 Ordinance - N/A PO458353
The Department of Development and CUL entered into agreement in July 2024 with an award of $20,000 to assist with the Journey to Wealth program being provided by CUL. The program provides Counseling Services, Education Services and Referral Services to clients to change financial behaviors. CUL is one of 6 HUD approved Housing Counseling Agencies in the Columbus area. The contract as written limits City funding to the costs associated with Credevolv credit reports. Based on discussions with the vendor, we have been requested to allow costs for reimbursement of Housing Counseling credit reports, in addition to Convergence Columbus credit report reimbursements. This will open affordable housing opportunities to more Columbus residents. The Housing Division staff are supportive of this request.
FISCAL IMPACT: There will be no additional cost for the program.
CONTRACT COMPLIANCE: the vendor number is 006073; and expires 6/9/2025.
Title
To authorize the Director of Development to modify a Not for Profit Service Contract with The Columbus Urban League (CUL) to allow costs for reimbursement of Housing Counseling credit reports, in addition to Convergence Columbus credit report reimbursements, to assist with the Journey to Wealth program being provided by CUL. ($0.00)
Body
WHEREAS, the Department of Development and CUL entered into agreement in July 2024 with an award of $20,000 to assist with the Journey to Wealth program being provided by CUL; and
WHEREAS, the program provides Counseling Services, Education Services and Referral Services to clients to change financial behaviors. CUL is one of 6 HUD approved Housing Counseling Agencies in the Columbus area.; and
WHEREAS, the contract as written limits City funding to the costs associated with Credevolv credit reports. Based on discussions with the vendor, we have been requested to allow costs for reimbursement of Housing Counseling credit reports, in addition to Convergence Columbus credit report reimbursements. This will open affordable housing opportunities to more Columbus residents; to
WHEREAS, it is necessary to modify a Not for Profit Service Contract with The Columbus Urban League (CUL) to allow costs for reimbursement of Housing Counseling credit reports, in addition to Convergence Columbus credit report reimbursements, to assist with the Journey to Wealth program being provided by CULNOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the Director of Development is hereby authorized to modify a contract with The Columbus Urban League (CUL) PO458353, to allow costs for reimbursement of Housing Counseling credit reports, in addition to Convergence Columbus credit report reimbursements, to assist with the Journey to Wealth program being provided by CUL. There will be no additional cost for the program.
SECTION 2. That this ordinance shall take effect and be in force from and after the earliest period allowed by law.