Explanation
BACKGROUND:
This legislation authorizes the Director of the Department of Development to increase the existing universal term contracts with various contractors that provide emergency home repair services to low and moderate-income households in Columbus. These contracts are awarded as universal term contracts through the Purchasing Citywide bid process. The legislation authorizes the expenditure of $400,000 from the Housing Preservation Fund that was established to preserve the local supply of decent, safe, sanitary and affordable housing for low-income families. These services are needed to protect the health and safety of the citizens of Columbus. Emergency repair services will include heating, plumbing, electrical and other emergency home repairs.
The Housing Preservation Fund represents the City's commitment to the preservation of housing units affordable to very-low, low and moderate-income individuals. Funds are used to meet the housing needs identified in the Consolidated Plan to correct substandard and deteriorating conditions of homes owned by low and moderate-income households. The fund provides eligible homeowners with assistance for home repairs critical to preserving the housing stock and enabling homeowners to remain in their homes.
Emergency action is necessary to allow for payment of projects currently underway at this time.
FISCAL IMPACT:
Funding is from the Housing Preservation Fund - 2007 Capital Improvements Budget and is contingent on 2007 bond fund proceeds.
Title
To authorize the Director of the Department of Development to increase the existing universal term contracts with various contractors to continue the provision of emergency home repair services to low and moderate-income households in Columbus; to authorize the expenditure of $400,000 from the Housing Preservation Fund; and to declare an emergency. ($400,000)
Body
WHEREAS, the Department of Development, Housing Division desires to admini...
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