Explanation
BACKGROUND: This legislation authorizes up to $250,000.00 from the general capital improvement fund to the Department of Development, Housing Division for targeted distribution through the Better Municipal Care for Veterans Home Fund. The funds will be used to provide financial assistance to a homeowner who is an eligible veteran or a homeowner with an eligible veteran whose permanent address is the same as the homeowner’s but is not a rental tenant of the homeowner for necessary and prioritized home improvements.
The Better Municipal Care for Veterans Home Fund represents City Council's commitment to serving the housing needs of our nation's heroes. Eligible participants are those homeowners who reside within the City of Columbus and are either an eligible veteran or a homeowner with an eligible veteran whose permanent address is the same as the homeowner’s but is not a rental tenant of the homeowner. Eligible veterans are those individuals who have presented a government record denoting his or her other than dishonorable discharge or release from active military, naval, or air service.
Emergency action is necessary to allow the Housing Division to begin the immediate implementation of the Better Municipal Care for Veterans Home Fund.
FISCAL IMPACT: Funds are being transferred within the Housing Preservation Fund, Fund 782.
Title
To authorize the Director of the Department of Development to make financial assistance available through the Better Municipal Care for Veterans Home Fund administered by the Housing Division; to amend the 2013 Capital Improvement Budget; to authorize the transfer of cash between projects within the same fund; to authorize the expenditure of up to $250,000.00 from the Housing Preservation Fund to fund the Better Municipal Care for Veterans Home Fund; and to declare an emergency. ($250,000.00)
Body
WHEREAS, City Council is committed to helping the veterans who protected the very freedoms we enjoy; and
WHEREAS...
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