Explanation
BACKGROUND: This ordinance authorizes the transfer within the Housing Preservation Fund and the expenditure of up to $250,000 from the Housing Preservation Fund 782 as match funds for the City’s grant through the Office of Healthy Homes and Lead Hazard Reduction Demonstration program of the U.S. Department of Housing and Urban Development (HUD). The funds will allow the Lead Safe Columbus Program to provide property owners with grants for lead safe, affordable housing for families with low and moderate income under HUD guidelines by providing lead abatement activities in accordance with HUD guidelines city lead hazard control projects.
This legislation is submitted as an emergency to allow the program’s activities can continue without interruption.
FISCAL IMPACT: Funding is available in the Housing Preservation Fund 782 of the 2015 Capital Improvements Budget. An amendment to the 2015 Capital Improvements Budget is necessary for the purpose of providing sufficient spending authority for the aforementioned project.
Title
To amend the 2015 Capital Improvement Budget; to authorize and direct the transfer of $250,000.00 within the Housing Preservation Fund; to authorize the expenditure of $250,000.00 from the 2015 Housing Preservation Fund for the purpose of implementing city lead hazard control projects and healthy homes interventions under the Lead Safe Columbus Program in accordance with HUD guidelines; and to declare an emergency. ($250,000.00)
Body
WHEREAS, the Department of Development has entered into an agreement with the U.S. Department of Housing and Urban Development (HUD) under the Lead Hazard Reduction Demonstration program. HUD funding will provide grants for property owners for healthy and lead safe, affordable housing for families with low and moderate income under HUD guidelines; and
WHEREAS, the agreement with HUD requires a local city match of funds; and
WHEREAS, monies from the Housing Preservation Fund will be used provi...
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