Label
31st (2022) Program Year HOME
Department of Housing and Community Development
Rosalyn Clemens
419-936-3647
(Revised)
Title
Repealing in its entirety Ord. 178-22; authorizing the Mayor to accept, deposit, appropriate and expend the HOME Investment Partnership Program Grant in the amount of $2,385,225 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 the amount of $1,889,320.05; 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:
Ordinance #178-22 passed by Council and signed by the Mayor was an estimate of what was anticipated to be received from the Department of Housing and Urban Development (HUD) for the HOME Investment Partnership Program (HOME). The City of Toledo was informed by HUD it will now receive $2,385,225 for fiscal year 2022, an increase of $205,248. This Ordinance makes the necessary amendments to Ordinance 178-22 by amending the relevant Sections in said legislation.
The financial impact of this Ordinance is the receipt of $2,385,225; $205,248 more than what was anticipated from HUD to the City of Toledo for the HOME Program.
Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:
SECTION 1. That Ordinance 178-22 is hereby repealed in its entirety.
SECTION 2. 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 the amount of at $2,385,225 and deposit the amount received from HUD into Account Code 2025 16200 407400 5GH3102STDREH (Toledo HOME Program Fund) pursuant to HUD regulations.
SECTION 3. That the appropriation in the amount of $2,385,225 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 the revised Schedule A. The expenditure of a portion of the HOME carryover balance in the HOME Fund from all years prior to program year 2022 (31st) in the amount of $1,889,320.05 pursuant to Schedule B.
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 amount not to exceed $2,385,225 from the HOME fund in payment of all obligations authorized under the 2022 (31st) year and not to exceed $1,889,320.05 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 submit the 2022-2023 Annual Action Plan, qualify under the regulations of the HOME Investment Partnership Program, and to receive the money necessary to carry out its planned affordable housing development activities for the 31st (2022) year beginning July 1, 2022, and ending June 30, 2023.
Vote on emergency clause: yeas _____, nays _____.
Passed: _________________, as an emergency measure: yeas _____, nays _____.
Attest: ________________________ __________________________________
Clerk of Council President of Council
Approved: _____________________ __________________________________
Mayor
I hereby certify that the above is a true and correct copy of an Ordinance passed by Council ________________________.
Attest: ________________________
Clerk of Council