Title
RESOLUTION AUTHORIZING AN INCREASE OF $447 IN THE ALLOCTION OF HUD FUNDING FOR THE HOME PROGRAM FOR THE 2016 PROGRAM YEAR, WHICH WILL INCREASE THE HOUSING RESOURCE CONNECTION PROJECT FROM $42,071 TO $42,518. THIS INCREASE IS DUE TO AN INCREASE IN ALLOCATION FROM HUD.
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CITY PROPOSAL:
RESOLVED, that the proper city officials are authorized to 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 $42,071 $42,518 $447
Statement of Purpose
STATEMENT OF PURPOSE: In April 2016, HUD increased the allocations to the HOME funds, the city of Duluth will receive an additional $447. The new amount has been incorporated into the 2016 Action Plan to reflect the increase to the HRC budget.