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 $75,900 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.
FISCAL IMPACT: Funds for this expenditure are allocated from the 2008 Community Development Block Grant Fund budget.
Emergency action is requested to allow program services to continue without interruption.
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 $75,900 from the 2008 Community Development Block Grant Fund; and to declare an emergency. ($75,900.00)
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 homebuyer counseling to the low and moderate income households of Columbus; and
WHEREAS, the program will explain each 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 non-profit organization; and
WHEREAS, an emergency exists in the usual daily operation of the City in that it is immediately necessary to enter into contract with Columbus Housing Partnership 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 Columbus Housing Partnership to fund the Homebuyer Education Program.
Section 2. That this contract is awarded pursuant to Section 329.15 of the Columbus City Codes, 1959, as amended.
Section 3. That for the purpose stated in Section 1, the expenditure of $75,900.00 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 4. 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.