Explanation
Background: This ordinance authorizes the appropriation of $373,717.53 from a combination of the FY 2016 HOME Investment Partnerships Program (HOME) grant funding from the U.S. Department of Housing and Urban Development (HUD) ($371,102.60) and from the 2017 HOME grant funding ($2,614.93).
This legislation represents appropriation for the HOME portion of the 2016 Action Plan, per Ordinance 2397-2015 and the 2017 Action Plan ordinance 2555-2016.
Fiscal Impact: Funds in the amount of $373,717.53 for this appropriation are supported by the HOME entitlement award from the U.S. Department of Housing and Urban Development (HUD) 2016 HOME Grant (G451600) and the 2017 HOME Grant (G451700).
Title
To authorize the appropriation of $373,717.53 from a combination of FY 2016 HOME Investment Partnerships Program (HOME) grant funding from the U.S. Department of Housing and Urban Development (HUD) ($371,102.60) and from the 2017 HOME grant funding ($2,614.93). To authorize that for any of the HOME grants, that the Department of Development Grants Fiscal Manager can request that funds be moved between dept./division/object classes as needed; and to authorize that for any of the HOME Grants the appropriation of any program income is allowable upon request by the Department of Developments Grants Fiscal Manager. ($373,717.53)
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 2016 Action Plan, per Ordinance 2397-2015 and the 2017 Action Plan, per Ordinance 2555-2016, as required by HUD; and
WHEREAS, it is necessary to authorize that appropriation within any of the HOME Grants can be moved between dept./division/object classes, as needed upon request by the Grants Fiscal Mana...
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