Explanation
BACKGROUND: This ordinance authorizes the appropriation and expenditure of FY 2016 HOME funds to contract with the Community Shelter Board to provide for Tenant-Based Rental Assistance (TBRA) for the Rebuilding Lives Program.
The Community Shelter Board will subcontract with qualified nonprofit organizations to implement TBRA in accordance with HOME Fund regulations for TBRA. These entities will lease housing units for the Rebuilding Lives program. Then they will maintain and operate the housing units and related facilities to provide decent, safe and sanitary housing in accordance with the HUD Housing Quality Standards. The Columbus Metropolitan Housing Authority (CMHA) will inspect the units. The City's Consolidated Action Plan for 2015-2019 contains TBRA housing preference priorities for chronically homeless persons.
Emergency action is requested in order to ensure rental subsidies are in place for 2016.
FISCAL IMPACT: Funds for this expenditure are allocated from the Rebuilding Lives set-aside within the Affordable Housing Opportunity Fund allocation of the 2016 HOME Funds. In addition, once the allocation amount is received from HUD, a request will be made to City Council to appropriate and expend the balance of the HOME dollars.
Title
To authorize the appropriation of $325,000.00 from the HOME Fund to the Department of Development; to authorize the Director of the Department of Development to enter into a contract with the Community Shelter Board to provide for tenant-based rental assistance for the Rebuilding Lives Program; to authorize the expenditure of $325,000.00 from the HOME Fund; and to declare an emergency. ($325,000.00)
Body
WHEREAS, the City of Columbus is the recipient of HOME Investment Partnerships funds from the U.S. Department of Housing and Urban Development; and
WHEREAS, it is necessary to appropriate funds from the unappropriated balance of the 2016 HOME Fund to the Department of Development; and
WHEREAS, the...
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