Explanation
BACKGROUND: The City is a participating jurisdiction receiving federal funds under the HOME Investment Partnerships program (HOME) of the U. S. Department of Housing and Urban Development (HUD). The regulations of the program provide that funds may be used to administer a tenant-based rental assistance program. This legislation authorizes the Director of the Department of Development to modify contract DL013112 with Southeast, Inc by extending the contract termination date from December 31, 2007 to January 31, 2009. This legislation also authorizes the expenditure of $142,152.14 from the HOME Fund to modify and increase the contract with Southeast, Inc. The additional time and funds will allow the contactor to continue to support the operation of the Tenant Based Rental Assistance Program (TBRA) for the purpose of implementing and monitoring a tenant-based rental assistance program on behalf of the City. The TBRA will use HOME funds to provide rental subsidies and security deposits for chronically homeless persons participating in the Rebuilding Lives initiative. Rebuilding Lives enables the development and maintenance of permanent supportive housing for chronically homeless persons.
HOME Fund regulations for TBRA are very similar to HUD's Section 8 Program. Southeast, Inc. will lease housing units for the Rebuilding Lives program. Southeast, Inc. will maintain and operate the housing units and related facilities to provide decent, safe and sanitary housing in accordance with the HUD Housing Quality Standards. The Columbus Metropolitan Housing Authority (CMHA) will inspect units. The City's Consolidated Action Plan for 2008 contains TBRA housing preference priorities for chronically homeless persons.
Emergency action is requested in order to ensure rental subsidies are in place for 2008.
FISCAL IMPACT: Funds for this expenditure are allocated from the Rebuilding Lives set-aside of the Affordable Housing Opportunity Fund allocation of the ...
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