Explanation
BACKGROUND: This ordinance authorizes the appropriation of $70,000 From the Community Development Block Grant Fund (CDBG) to be used for the continuation of the CDBG-eligible Chores home repair program.
Ordinance 0285-03 authorized the expenditure of $2,530,318 in CDBG funds for the provision of loans and grants under the Affordable Housing Opportunity Fund for projects that preserve and increase the local supply of decent, safe, sanitary and affordable housing for low-income families. An unspent balance of $70,000 remains. This legislation will allow those unspent funds to be used in another needed area, the Chores program.
Emergency action is requested so that the monies can be utilized immediately for the continuation of the Chores home repair program.
FISCAL IMPACT: This legislation will authorize the appropriation of $70,000 from the Community Development Block Grant Fund to provide funding for the Chores home repair program. Separate legislation will be submitted to authorize the Chores program contracts and to expend the funds appropriated herein.
Title
To authorize the appropriation of $70,000 from the Community Development Block Grant Fund to provide funding for the Chores home repair program; and to declare an emergency. ($70,000)
Body
WHEREAS, Ordinance 0285-03 authorized the expenditure of $2,530,318 in CDBG funds for the provision of loans and grants under the Affordable Housing Opportunity Fund for projects that preserve and increase the local supply of decent, safe, sanitary and affordable housing for low-income families; and
WHEREAS, an unspent balance of $70,000 remains; and
WHEREAS, this ordinance authorizes the appropriation of this $70,000 to provide funding for the continuation of the Chores home repair program; and
WHEREAS, separate legislation will be submitted to authorize the Chores program contracts and to expend the funds appropriated herein; and
WHEREAS, emergency action is...
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