Title
Ordinance in the Amount of $375,641 Appropriating FY 14-15 Community Development Block Grant Program Income Funds for Affordable Housing Programs
Body
Department: Neighborhood Development
Council District: Primarily 1 and 2
Public Hearing: No
Advertising Date/By:
Contact 1 and Phone: Barbara Harris, 373-2509
Contact 2 and Phone: Cynthia Blue, 433-7376
PURPOSE:
City Council consideration is requested for a budget ordinance appropriating $375,641 from the FY 14-15 Community Housing Development Block Grant program income funds for affordable housing programs.
BACKGROUND:
The Neighborhood Development Department’s budget as proposed to City Council in May 2016 included the use of Community Development Block Grant funds from the entitlement grant for fiscal year 2016-2017 programs. The additional Community Development Block Grant funds included in this ordinance are from program income sources and will support:
• Assistance for homeowner code compliance repairs
• Assistance for Housing Reclamation Program
BUDGET IMPACT:
Community Development Block Grant funds will be appropriated as per the attached ordinance.
$375,641 FY 14-15 CDBG funds
RECOMMENDATION / ACTION REQUESTED:
City Council is requested to approve the budget ordinance appropriating $375,641 from the Community Development Block Grant program income funds for affordable housing programs.