Label
31st (2022) Program Year HOME
Department of Housing and Community Development
Rosalyn Clemens
419-936-3647
Title
Authorizing the Mayor to accept, deposit, appropriate and expend the HOME Investment Partnership Program Grant in an amount estimated at $2,179,977 from the U.S. Department of Housing and Urban Development (HUD) for the purpose of funding the 2022 HOME Investment Partnership Program; authorizing the expenditure of HOME Carryover funds from all years prior to program year 2022 (31st) in an amount estimated at $2,837,961; and authorizing submission to the U.S. Department of Housing and Urban Development the 2022-2023 Annual Action Plan; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
The City of Toledo (COT) receives from the U.S. Department of Housing & Urban Development (HUD) a designated amount of HOME Investment Partnership Program (HOME) Grant dollars, as an entitlement city and participating jurisdiction, for the purpose of meeting HUD national objectives, as well as, providing affordable housing to low- and moderate-income individuals or families. The city’s receipt and acceptance of the grant amount compels it to utilize the funds within certain HUD regulations, directives, and guidelines, as well as, pursuant to the HUD approved Five Year Consolidated Plan and the Annual Action Plan for the City of Toledo. Specifically, the Consolidated Plan which the COT must follow is in effect from 2020 through 2024. Each year, however, the COT submits to HUD its Annual Action Plan, describing how it will continue to implement and execute the current Five-Year Consolidated Plan but within the subject Program Year. The City must submit the One Year Action Plan each year within the respective five-year period in order to continue to receive the annual HOME allocation from HUD.
This Ordinance is to authorize the Mayor to submit to HUD the 2022-2023 Annual Action Plan, accept the 2022 Program Year HOME allocation from HUD, deposit the HOME funds received from HUD into the appropriate Account Codes, and expend an amount estimated at $2,179,977 as well as the HOME carryover funds in an amount estimated at $2,837,961 from all years prior to program year 2022 (31st) pursuant to the 2020-2024 Five-Year Consolidated Plan, and more specifically, the 2022-2023 Annual Action Plan for the 2022 Program Year to be submitted to HUD on May 18th, 2022.
The financial impact of this Ordinance is the receipt of an estimated $2,179,977 from HUD to the City of Toledo to provide affordable housing to low- and moderate-income individuals and families in the Toledo community. This Ordinance also authorizes the expenditure of HOME carryover funds in an amount estimated at $2,837,961 from all years prior to program year 2022 (31st).
Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:
SECTION 1. That the Mayor is authorized to submit the 2022-2023 Annual Action Plan to HUD, as well as, accept the 31st (2022) Program Year HOME allocation from HUD in an amount estimated at $2,179,977 and deposit the amount received from HUD into Account Code 2025 16200 407400 5GH3102STDREH (Toledo HOME Program Fund) pursuant to HUD regulations.
SECTION 2. That the appropriation in an amount estimated at $2,179,977 is authorized from the unappropriated grant proceeds in the Toledo HOME Program Fund into various accounts within 2025-16200, and further authorizing the expenditure of the same pursuant to Schedule A.
SECTION 3. That the expenditure of a portion of the HOME carryover balance in the Toledo HOME Program Funds (2025) in an amount estimated at $2,837,961 pursuant to the attached Schedule B is authorized from all years prior to program year 2022 (31st).
SECTION 4. That the Mayor and the Director of Housing and Community Development are authorized to enter into the necessary contracts or agreements to implement the activities and programs described in the 2022-2023 Annual Action Plan in furtherance of HUD objectives and pursuant to HUD regulations, directives and guidelines, as applicable and pertinent to the HOME Grant.
SECTION 5. That the Finance Director is authorized to issue his warrant or warrants against Account Code 2025-16200 in an estimated amount not to exceed $2,179,977 in payment of all obligations authorized under the HOME funds and not to exceed $2,837.961 from the HOME carryover balance from all years prior to program year 2022 (31st) upon presentation of properly approved documentation.
SECTION 6. That this Ordinance is declared to be an emergency measure and shall take effect and be in force from and after its passage. The reason for the emergency is the fact that this Ordinance is necessary for the immediate preservation of the public peace, health, safety and property, and for the further reason that this Ordinance must be immediately effective in order to allow the City of Toledo to implement the 2022-2023 Annual Action Plan submitted to HUD on May 18th, 2022 as it relates to the HOME Grant to be received from HUD.
Vote on emergency clause: yeas 12, nays 0.
Passed: April 12, 2022, as an emergency measure: yeas 12, nays 0.
Attest:
Gerald E. Dendinger Matt Cherry
Clerk of Council President of Council
Approved: April 13, 2022
Wade Kapszukiewicz
Mayor