Title
RESOLUTION REPROGRAMMING $3,679 IN HOME FUNDS FROM RESOLUTION 09-0756R, APPROVED DECEMBER 21, 2009, TO FY 2015 HOMEOWNER REHAB PROJECT.
Body
CITY PROPOSAL:
RESOLVED, that the city council hereby reprograms $3,679 in funds from Resolution 09-0756R that were awarded to Center City Housing’s East Side Housing Rehabilitation Project. This resolution will Amend the Housing and Redevelopment Authority’s 2015 HOME Program contract to increase the amount to $224,485, as set forth below:
2010 HOME Program - Fund 260, Agency 020, Object 5434, Project CD10HM
Sub-Project Activity Project Original Reprogram Remaining Amount Amount Grant
CH10 1228 East Hillside Rehab $119,249 $3,679 -0-
2015 HOME Program - Fund 262, Agency 020, Object 5434, Project CD15HM
Sub-Project Activity Project Original New Grant Difference
Amount
GN15 173B Homeowner Rehab $220,806 $224,485 +$3,679
Statement of Purpose
STATEMENT OF PURPOSE: This resolution reprograms HOME Program funds from Center City Housing’s East Side Housing Rehabilitation Project to the HRA’s Homeowner Rehab Project. The East Side Housing Project was cancelled and most of the funds reprogrammed to rehabilitate other Center City Housing properties that were of a higher priority. There remained $3,679 that was not reprogrammed. These funds were awarded as HOME Program Community Housing Development Organization (CHDO) and as such are restricted to only being reprogrammed into the FY 2015 HOME Entitlement allocation. The HRA will use these additional funds to assist an income eligible household to make needed improvements to their home.