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File #: 16-0384R    Name:
Type: Resolution Status: Passed
File created: 5/13/2016 In control: Planning and Economic Development
On agenda: 5/23/2016 Final action: 5/23/2016
Enactment date: Enactment #:
Title: RESOLUTION AUTHORIZING AN INCREASE OF $2,106 IN THE ALLOCATION OF HUD FUNDING FOR THE HOME PROGRAM FOR THE 2016 PROGRAM YEAR, WHICH WILL INCREASE THE HOUSING RESOURCE CONNECTION PROJECT FROM $39,695 TO $42,071. THIS INCREASE IS DUE TO AN INCREASE IN ALLOCATION FROM HUD.

Title

RESOLUTION AUTHORIZING AN INCREASE OF $2,106 IN THE ALLOCATION OF HUD FUNDING FOR THE  HOME PROGRAM FOR THE 2016 PROGRAM YEAR, WHICH WILL INCREASE THE HOUSING RESOURCE CONNECTION PROJECT FROM $39,695 TO $42,071. THIS INCREASE IS DUE TO AN INCREASE IN ALLOCATION FROM HUD.

 

Body

CITY PROPOSAL:

                     RESOLVED, that the proper city officials are authorized accept an increase in funds from HUD, thereby increasing the allocated funding amount for the Housing Resource Connection (HRC) project.   

2016 HOME Program

Fund 262 Agency 020, Object 5434, Project 16-HS-01

Project                     Activity                     Original Budget                                          New Grant                                          Difference

16-HS-01                     HRC                                          $39,695                                                               $42,071                                          $2,106

 

Statement of Purpose

STATEMENT OF PURPOSE:  In April 2016, HUD increase the allocations to the HOME funds, the city of Duluth receive an additional $2,106.  The new amount has been incorporated into the 2016 Action Plan to reflect the increase to the HRC budget.