Explanation
BACKGROUND: This ordinance authorizes the transfer of cash and appropriation and authorizes the appropriation and expenditure of 2016 HOME Investment Partnerships Program (HOME) grant funding from the U.S. Department of Housing and Urban Development (HUD) for the Department of Development’s Division of Housing, as identified below:
FY 2016 G451600 Fund 2201
• Transfer cash and appropriation of $3,988.65 from OC 01 to OC 05
• Transfer cash and appropriation of $46,155.18 from OC 03 to OC 05
• Appropriation and Expenditure of $3,526.64 from OC 05
This is anticipated to be the final ordinance for the FY 2016 HOME grant funds.
This legislation represents appropriation for the HOME portion of the 2020 Action Plan, per Ordinance 2162-2019.
This legislation also authorizes the Director of Development to use these funds to enter into contracts to assist first time homebuyers, for-profit, and non-profit organizations with grants and no or low interest loans for projects designed to increase and preserve the local supply of decent, safe, sanitary, and affordable housing for low and moderate income families.
Emergency action is requested to allow for continuation of services without interruption.
Fiscal Impact: The total remaining amount to be encumbered and expended from OC 05 of the 2016 grant is as follows:
$ 3,988.65 transfer from OC 01 to OC 05, currently not on an ACPO
$ 46,155.18 transfer from OC 03 to OC 05, currently not on an ACPO
$ 3,526.64 amount available to appropriate from the grant
$ 53,670.47 amount to be put on the ACPO
Title
To authorize the transfer of cash and appropriation of $3,988.65 from OC 01 to OC 05 and $46,155.18 from OC 03 to OC 05, both in the 2016 HOME Investment Partnerships Program (HOME) grant; to authorize the appropriation of $3,526.64 in the 2016 HOME Investment Partnerships Program (HOME) grant; to authorize the expenditure of $53,670.47 in the 2016 HOME Investment Partnerships Program (HOME) grant; to authorize the Director of Development to enter into agreements to provide funding for various approved housing programs that will assist first time homebuyers and for-profit and non-profit organizations with grants and no or low interest loans for projects designed to increase and preserve the local supply of decent, safe, sanitary and affordable housing for low and moderate income families; and to declare an emergency. ($53,670.47).
Body
WHEREAS, the City of Columbus is a participating jurisdiction of the U.S. Department of Housing and Urban Development; 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 2020 Action Plan, per Ordinance 2162-2019, as required by HUD; and
WHEREAS, it is necessary to transfer the cash and appropriation and authorize the appropriation and expenditure of the remaining balance of the 2016 HOME grant for the Department of Development; and
WHEREAS, HOME funds will be used to assist 1st time homebuyers, for-profit and non-profit organizations with grants and no or low interest loans for projects designed to increase and preserve the local supply of decent, safe, sanitary, and affordable housing for low income families; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development, Housing Division, in that it is immediately necessary to appropriate and expend said funds to allow for continuation of services without interruption, thereby preserving 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 transfer of $3,988.65 or so much thereof as may be needed, is hereby authorized within Fund 2201 (HOME), from Dept-Div 44-10 (Housing), G451600 (2016 HOME), object class 01 (Personnel) to Dept-Div 44-10 (Housing), G451600 (2016 HOME), object class 05 (Other) per the account codes in the attachment to this ordinance.
SECTION 2. That the transfer of $46,155.18 or so much thereof as may be needed, is hereby authorized within Fund 2201 (HOME), from Dept-Div 44-10 (Housing), G451600 (2016 HOME), object class 03 (Services) to Dept-Div 44-10 (Housing), G451600 (2016 HOME), object class 05 (Other) per the account codes in the attachment to this ordinance.
SECTION 3. That from the unappropriated monies and from all monies estimated to come into said fund from any and all sources and unappropriated for any other purpose during the fiscal year ended December 31, 2020, the sum of $3,526.64 is appropriated in Fund 2201 (HOME), Dept-Div 44-10 (Housing), G451600 (2016 HOME), object class 05 (Other) per the account codes in the attachment to this ordinance
SECTION 4. That the expenditure of $53,670.47 or so much thereof as may be needed, is hereby authorized in Fund 2201 (HOME), Dept-Div 4410 (Housing), G451600 (2016 HOME), object class 05 (Other) per the account codes in the attachment to this ordinance.
SECTION 5. That the Director of Development is hereby authorized to enter into agreements with various entities to assist 1st time homebuyers, for-profit and non-profit organizations with grants and no or low interest loans for projects designed to increase and preserve the local supply of decent, safe, sanitary, and affordable housing for low income families.
SECTION 6. Funds are hereby deemed appropriated and expenditures and transfers authorized to carry out the purposes of this ordinance and the City Auditor shall establish such accounting codes as necessary.
SECTION 7. That the City Auditor is authorized to make any accounting changes to revise the funding source for all contracts or contract modifications associated with this ordinance.
SECTION 8. That for the reasons stated in the preamble hereto, which is 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 approval by the Mayor, or ten days after passage if the Mayor neither approves nor vetoes the same.