Explanation
BACKGROUND: This legislation authorizes the appropriation and expenditure of up to $30,000.00 of 2023 HOME Investment Partnerships Program (HOME) grant funds from the U.S. Department of Housing and Urban Development (HUD) and authorizes the Director of the Department of Development to enter into a Subaward Not-for-Profit Service contract with the Community Development Collaborative of Greater Columbus (Collaborative) in an amount up to $200,000.00 ($170,000.00 from Ordinance 3345-2022 and $30,000.00 from this ordinance) to administer the distribution of funds for operating costs and monitor CHDO activities on behalf of the City.
The city is a participating jurisdiction receiving federal funds under the HOME Investment Partnerships Program (HOME) of the U.S. Department of Housing and Urban Development (HUD). The regulations of the program provide that up to five percent of the annual allocation may be granted to Community Housing Development Organizations (CHDOs) to pay operating costs of the agencies. CHDO’s are non-profit organizations that work in neighborhoods to develop affordable housing through rehabilitation of existing housing stock and new in-fill construction.
Ordinance 3345-2022, approved by City Council on December 12, 2022, authorized the Director of the Department of Development to enter into Subaward Not-for-Profit Service Contracts with Community Development Collaborative of Greater Columbus (Collaborative) in an amount up to $215,000.00. Of this $215,000.00 two contacts were to be established. The first Subaward Not-for-Profit Service Contract was to be in the amount of $45,000.00 where the Collaborative would serve in the role as a funding intermediary, facilitator of training, and builder of organizational capacity. These funds leverage additional public and private funding for operating support of CHDO’s. The City and the Collaborative have collectively developed a process for distribution of the funds to eligible CHDO’s, ...
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