Explanation
This ordinance authorizes the City Clerk to enter into a grant agreement with Homes On the Hill Community Development Corporation in support of their Housing Counseling Program.
The mission of Homes on the Hill CDC is to strengthen neighborhoods by providing quality affordable housing, advocacy, education, and supportive services to individuals and families of primarily low/moderate incomes.
The Homes on the Hill Housing Counseling program educates families with HUD certified housing counseling services combined with financial coaching. The program also provides access to emergency rental assistance or first-time home buyer down payment assistance programs. All participants receive one-on-one HUD certified housing counseling and financial coaching that is a continuing relationship-based process, directed by the participant according to their goals, and centered on performance improvement rooted in setting tangible goals and behavior change.
Each participant reviews a copy of their credit report or rental history, completes a household budget including a savings plan, sets their own financial goals, and designs a financial action plan. Follow up is continued until each family meets their financial or housing stability goal. The HOTH Housing Counseling Program is open to anyone in the City of Columbus and Franklin County.
Emergency action is necessary to allow program services to continue without interruption.
Fiscal Impact: Funding is available within the Neighborhood Initiatives subfund.
Title
To authorize the City Clerk to enter into a grant agreement with Homes On the Hill Community Development Corporation in support of their Housing Counseling Program; to authorize an appropriation and expenditure within the Neighborhood Initiatives subfund; and to declare an emergency. ($100,000.00)
Body
WHEREAS, the mission of Homes on the Hill CDC is to strengthen neighborhoods by providing quality affordable housing, advocacy, education, and sup...
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