Explanation
Background:
This ordinance authorizes the expenditure of up to $500,000.00 from the Affordable Housing Taxable Bond Fund to the Healthy Neighborhoods Healthy Families Realty Collaborative (HNHF), which is the nonprofit arm of Nationwide Children’s Hospital, home rehabilitation program in the Hilltop community. HNHF will administer an exterior home rehabilitation program on behalf of the Department of Neighborhoods in alignment with the Envision Hilltop community plan.
Community Planning Area is Hilltop - 53
This program will assist homeowners by providing exterior rehabilitation services that will help to boost neighborhood pride, community reinvestment and responsible homeownership. The funding support will focus on residents at or below 65% AMI.
This support is in accordance with the relevant provisions of City Code Chapter 329 that relate to not-for-profit service contracts. The services included in this agreement cannot be provided by existing city employees because these services are beyond the City’s current responsibility and capacity to provide.
Contract Compliance:
Fiscal Impact: Funding for this agreement is budgeted within the 2024 Capital Improvement Budget within the Affordable Housing Taxable Bond Fund. A transfer of cash and appropriation between projects will be necessary.
Emergency Justification: Emergency action is requested to allow for the immediate execution of this agreement in order to advance community plan implementation and begin construction.
Title
To authorize the Director of the Department Neighborhoods to enter into a non-profit grant agreement with Healthy Neighborhoods Healthy Families (HNHF) Realty Collaborative; to authorize an amendment to the 2024 Capital Improvement Budget; to authorize the transfer of appropriation and cash between departments within the Affordable Housing Taxable Bond Fund; to authorize the expenditure of $500,000.00 from the Affordable Housing Taxable Bond Fund; and to declare an emer...
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