Explanation
BACKGROUND:
This ordinance authorizes the appropriation and expenditure of $500,000 in program income from the Rental Rehabilitation Program. The funds will support affordable housing projects, in particular, the control of lead-based paint hazards in homes where children have been lead poisoned. Lead-Safe Kids is a new initiative in the Department of Development in which Lead-Safe Columbus, Healthy Homes, and Home Safe and Sound are joining forces to make homes safer and healthier for children. The initiative is a partnership between the Department of Development, the Health Department and property owners to strategically target housing units in which children have been poisoned and the homes continue to be hazardous. The goal of the Lead-Safe Kids is to create lead-safe, decent, safe and sanitary housing for families with children 6 years of age and under. The program benefits both tenants and homeowners in the city of Columbus.
Emergency action is requested in order to make program funds immediately available.
FISCAL IMPACT:
Income from the Rental Rehabilitation Program is generated on the principal of amortized and deferred loans, allowing these funds to accumulate until sufficient amounts are available to fund other affordable housing projects.
Title
To authorize the appropriation of $500,000 of the program income from the Rental Rehabilitation Program for the implementation of the Lead Safe Kids Initiative; to authorize the expenditure of $500,000 in program income from the Rental Rehabilitation Program for financing lead hazard control and housing rehabilitation activities; and to declare an emergency. ($500,000.00)
Body
WHEREAS, it is necessary to appropriate and expend funds from the unappropriated balance of the Rental Rehabilitation Program to the Department of Development; and
WHEREAS, the Department of Development desires to expend earned income from the Rental Rehabilitation Program to support other affordable housing projects; and
WHEREAS, The Lead Safe Kids Initiative increases the supply of affordable housing that is lead safe, decent, safe and sanitary; 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 payment of projects where commitment letters have been issued 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 in the fund known as the Rental Rehabilitation
Program, the sum of $500,000.00 be and is hereby appropriated to the Department of
Development, Division No. 44-10, Fund No. 220, Grant Number 448015, Object
Level One 05, OCA Code 440304 the following sums:
OJL
Three Amount
5517 $ 100,000
5525 $ 400,000
TOTAL $ 500,000
Section 2. That the monies appropriated in the foregoing Section 1 shall be paid upon the order
of the Director of the Department of Development and that no order shall be drawn
or money paid except by voucher, the form of which shall be approved by the City
Auditor.
Section 3. That the Director of the Department of Development be and is hereby authorized to expend $500,000 of program income from the Rental Rehabilitation Program to support other affordable housing projects.
Section 4. That for the purpose as stated in Section 3, the expenditure of $500,000.00 or so
much thereof as necessary, be and is hereby authorized to be expended from the
Department of Development, Department No. 44-10, Fund 220, Grant 448015,
Object Level One 05, OCA Code 440304 as follows:
OJL
Three Amount
5517 $ 100,000
5525 $ 400,000
TOTAL $ 500,000
Section 5. 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 passage and approval by the Mayor, or ten days after passage if the Mayor neither approves nor vetoes the same.