Explanation
Background: This ordinance authorizes the appropriation of $300,000.00 of the anticipated FY 2018 HOME Investment Partnerships Program funding from the U.S. Department of Housing and Urban Development (HUD) for the Department of Development’s Housing Division. These funds are for a portion of the 2018 personnel expenses and are a portion of the HOME Administration monies included in the grant.
Additional ordinances will be forthcoming in 2018 to appropriate and encumber funds for the Department’s Affordable Housing Opportunity program and once the allocation amount is received from HUD, a request will be made to appropriate the balance of the HOME Administration funds for personnel expenses for the remainder of the year.
This legislation represents appropriation for the HOME portion of the 2018 Action Plan, per Ordinance 2589-2017.
Emergency action is requested in order to ensure personnel funds are in place for 2018.
Fiscal Impact: Funds in the amount of $300,000 for this appropriation are supported by the anticipated HOME entitlement award from the U.S. Department of Housing and Urban Development (HUD) and are allocated from the HOME Administrative monies set aside within the 2018 HOME Grant.
Title
To authorize the appropriation of $300,000.00 from the FY 2018 HOME Administration monies within the HOME Investment Partnerships Program from the U.S. Department of Housing and Urban Development (HUD) to the Department of Development to provide funding for administration of programs in the Department’s Housing Division for 2018; and to declare an emergency. ($300,000.00)
Body
WHEREAS, the City of Columbus expects to continue as a participating jurisdiction of the U.S. Department of Housing and Urban Development for 2018; and
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, the Columbus City Council has approved the 2018 Action Plan...
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