City of Columbus - File #: 0423-2007

• File #: 0423-2007
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 3/7/2007
• In control: Health, Housing & Human Services Committee
• On agenda: 4/2/2007
• Final action: 4/5/2007
• Title: To authorize the Director of the Department of Development to enter into a contract with Columbus Housing Partnership for The Homebuyer Education Program; to authorize the expenditure of $110,000 from the 2007 Community Development Block Grant Fund; and to declare an emergency. ($110,000.00)

Date	Ver.	Action By	Action	Result
4/5/2007	1	CITY CLERK	Attest
4/3/2007	1	MAYOR	Signed
4/2/2007	1	Columbus City Council	Approved	Pass
4/2/2007	1	COUNCIL PRESIDENT	Signed
3/21/2007	1	FINANCE DIRECTOR	Reviewed and Approved
3/21/2007	1	Dev Drafter	Sent for Approval
3/21/2007	1	Auditor Reviewer	Reviewed and Approved
3/21/2007	1	CITY AUDITOR	Reviewed and Approved
3/21/2007	1	Dev Drafter	Sent for Approval
3/21/2007	1	CITY ATTORNEY	Reviewed and Approved
3/21/2007	1	Dev Drafter	Sent to Clerk's Office for Council
3/19/2007	1	Dev Drafter	Sent for Approval
3/19/2007	1	DEVELOPMENT DIRECTOR	Reviewed and Approved
3/19/2007	1	Dev Drafter	Sent for Approval
3/19/2007	1	Finance Reviewer	Reviewed and Approved
3/19/2007	1	Finance Reviewer	Reviewed and Approved

Explanation

BACKGROUND: This legislation authorizes the Director of the Department of Development to enter into a contract with Columbus Housing Partnership for The Homebuyer Education Program. The contract will provide $110,000 from the Community Development Block Grant Fund. Columbus Housing Partnership will offer homebuyer education, pre-purchase counseling, post-purchase counseling, mortgage and delinquency counseling, default counseling, home equity conversion counseling, outreach initiatives, down payment assistance programs and resident development programming to low and moderate income residents throughout the City of Columbus. This program will assist about 900 people.

Emergency action is requested to allow program services to continue without interruption.

FISCAL IMPACT: Funds for this expenditure are allocated from the 2007 Community Development Block Grant Fund budget.



Title

To authorize the Director of the Department of Development to enter into a contract with Columbus Housing Partnership for The Homebuyer Education Program; to authorize the expenditure of $110,000 from the 2007 Community Development Block Grant Fund; and to declare an emergency. ($110,000.00)


Body

WHEREAS, the Department of Development, Housing Division, desires to enter into a contract with Columbus Housing Partnership to fund the Homebuyer Education Program; and

WHEREAS, The Homebuyer Education Program will provide home buyer counseling to the low and moderate income households of Columbus; and

WHEREAS, the program will explain every facet of home purchase, including loan application, finding a realtor, protecting the home investment, home maintenance and inspection and loan closing procedures; and

WHEREAS, the program will also offer financial and credit counseling to individual clients and access to down payment assistance programs to help low and moderate income families purchase homes; and

WHEREAS, Columbus Housing Partnership is a n...