Label
Department of Housing and Community Development
American Rescue Plan Allocation 2022 Utilization Plan
Housing Preservation Services - Toledo Roof Tops Program
Director Rosalyn Clemens (x3647)
Revised
Title
Authorizing the appropriation and expenditure of $2,900,000 from Local Fiscal Recovery Fund for the City of Toledo Roof Tops Program; authorizing the Mayor to accept bids, award contracts and enter into necessary agreements for said program; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
This Ordinance authorizes the appropriation and expenditure of $2,900,000 for projects and costs associated with the Toledo Roof Tops Program. The Toledo Roof Tops Program will consist of a partnership with Toledo Urban Federal Credit Union, Maumee Valley Habitat for Humanity and the Department of Housing and Community Development to provide financial assistance to eligible households for repair or replacement of approximately seven hundred (700) failing roofs on owner-occupied housing in Qualified Census Tracts (QCT). Roof Tops grants will be provided to households with income at or below 60% of the area median selected through a lottery. Households with income at or below 80% of the area median, not selected in the lottery, will have an opportunity to apply for assistance consisting of a 50/50 Low-interest loan/matching grant through the Toledo Urban Federal Credit Union. The ARPA Roof Tops funds will be allocated to partners outlined in Attachment A for administration and grants to fund construction costs.
To facilitate timely disbursement of construction funding, City of Toledo Department of Housing and Community Development Roof Tops construction funding will be escrowed with title companies, selected through a RFQ.
Summary
NOW THEREFORE, Be it ordained by the Council of the City of Toledo:
SECTION 1. That the appropriation of $2,900,000 is authorized from the unappropriated balance of the Local Fiscal Recovery Fund to Account Code 2021-1...
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