Explanation
BACKGROUND: This legislation authorizes the Director of the Department of Development to enter into a contract with the Mid-Ohio Regional Planning Commission (MORPC) to support the Homebuyer Education Program. The Homebuyer Education Program provides homebuyer counseling, marketing and outreach regarding homeownership opportunities for homebuyers in the City of Columbus. The contract amount will be $12,140.
Low-income families will be educated on establishing good credit and qualifying for a mortgage, will receive down-payment assistance from local agencies, including MORPC, and will receive mortgage loans from local lenders to buy a first home. MORPC will also offer six counseling sessions of six weeks each and individual credit and budget counseling. Four housing fairs will also be held that will promote access to MORPC's programs. This program will serve about 150 people.
FISCAL IMPACT: Funds for this expenditure are allocated from the 2008 Community Development Block Grant Fund.
Emergency action is requested to allow program services to continue without interruption.
Title
To authorize the Director of the Development Department to enter into a contract with the Mid-Ohio Regional Planning Commission for the Homebuyer Education Program; to authorize the expenditure of $12,140 from the 2008 Community Development Block Grant Fund; and to declare an emergency. ($12,140)
Body
WHEREAS, the Department of Development, Housing Division, desires to enter into a contract with MORPC to fund the Homebuyer Education Program; and
WHEREAS, MORPC's Homebuyer Education Program will help low-income families be educated on establishing good credit and qualifying for a mortgage, receiving down-payment assistance from local agencies and receive mortgage loans from local lenders to buy a first home; and
WHEREAS, MORPC will also offer six counseling sessions of six weeks each, individual credit and budget counseling and four housing fairs will also be held that will promote access to MORPC's programs; and
WHEREAS, an emergency exists in the usual daily operation of the City in that it is immediately necessary to enter into contract with the Mid-Ohio Regional Planning Commission so that necessary services can continue uninterrupted all for the preservation of the public health, peace, property, safety and welfare; and NOW THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the Director of the Department of Development is hereby authorized to enter into a contract with the Mid-Ohio Regional Planning Commission to fund the Homebuyer Education Program.
Section 2. That for the purpose stated in Section 1, the expenditure of $12,140.00 or so much thereof as may be necessary, be and is hereby authorized to be expended from the Department of Development, Housing Division, Department No. 44-10, Fund 248, Object Level One 03, Object Level Three 3336, OCA Code 448530.
Section 3. That for the reasons stated in the preamble hereto, which hereby made a part hereof, this ordinance is hereby declared to be an emergency measure and shall take effect and be in force from and after its passage and approval by the Mayor, or ten days after passage if the Mayor neither approves nor vetoes the same.