Explanation
BACKGROUND: This legislation authorizes the Director of Development to enter into two Subaward Not-for-Profit Service contracts with the Community Development Collaborative of Greater Columbus (Collaborative) to administer the City’s CHDO program, in an amount up to $215,000.00, with the agreement terms starting January 1, 2023.
The City is a participating jurisdiction receiving federal funds under the HOME Investment Partnerships Program (HOME) of the U.S. Department of Housing and Urban Development (HUD). The regulations of the program provide that up to five percent of the annual allocation may be granted to Community Housing Development Organizations (CHDOs) to pay operating costs of the agencies. CHDOs are nonprofit organizations that work in neighborhoods to develop affordable housing through rehabilitation of existing housing stock and new in-fill construction.
The department partners with the Collaborative to manage the CHDO program and does so under two Subaward Not-for-Profit Service contract. Under one contract ($45,000.00), the Collaborative will serve in the role as a funding intermediary, facilitator of training, and builder of organizational capacity, working on behalf of the City. These funds leverage additional public and private funds for operating support of CHDOs. The City and the Collaborative have collectively developed a process for distribution of the funds to eligible CHDOs and as such, under the other contract ($170,000.00), the Collaborative will distribute funds for operating costs and monitor CHDO activity on behalf of the City.
This legislation represents appropriation for a part of the HOME portion of the 2022 Action Plan, per Ordinance 2800-2021 and the 2023 Draft Action Plan, per ordinance 3353-2022.
Emergency action is requested to avoid disruptions in program services.
FISCAL IMPACT: Funding for this agreement in the amount of $215,000.00 is supported by the anticipated 2023 HOME Investment & Partnership Gran...
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