Explanation
BACKGROUND: This legislation authorizes the Director of the Department of Development to enter into a contract with Community Development for All People, a not-for-profit organization (CD4AP). This legislation authorizes up to $250,000 from the general capital improvement fund to CD4AP for targeted distribution of Council's Property Renovation Funds through the South Side Renaissance Home Repair Program. The funds provided by the contract will be used to provide financial assistance to eligible homeowners for exterior home improvements.
This funding reflects Council's ongoing commitment to investing in the revitalization of our City's neighborhoods through pride and home ownership, especially through the Property Renovation Fund established by Council in the 2012 capital improvements budget. Eligible homeowners are those who live in the South Side Renaissance Home Repair Program boundaries, as determined by CD4AP.
Community Development for All People is a faith-based, non-profit community development corporation dedicated to creating a community that welcomes and cares for all people. Located in Columbus Ohio, CD4AP works to improve the economic, social and spiritual quality of life for residents of the South side. CD4AP renovates homes on the Southside and makes them available at a reduced cost to low-income buyers. This improves home-ownership and strengthens our community. The South Side Renaissance Home Repair Program assist homeowners with exterior repairs while facilitating pride and responsible ownership. CD4AP is authorized to waive any income restrictions, at its sole discretion, in disbursing these funds.
Emergency action is necessary to allow CD4AP to begin the immediate implementation of this portion of the South Side Renaissance Home Repair Program.
FISCAL IMPACT: Funds are contingent upon the 2012 summer bond sale.
Title
To authorize the Director of the Department of Development to enter into a contract with Community De...
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