Title
RESOLUTION AUTHORIZING A DECREASE OF $105 TO THE FY 2020 COMMUNITY HOME INVESTMENT PARTNERSHIP PROGRAM.
Body
CITY PROPOSAL:
RESOLVED, that the city council hereby authorizes a decrease in the total expenditure of the 2020 HOME Investment Partnership Program by an amount of $105 due to a revision in the allocation to the city by HUD from the original award of $549,739 to the adjusted HUD award of $549,634 and authorizes changes to contracts as set forth below:
2020 HOME PROGRAM - FUND 262, AGENCY 020, OBJECT 5434, PROJECT CD20HM
Sub-Project, Activity Project Original New Difference
GN20, AD01 Program $47,473 $47,368 ($105)
Administration
(City)
Statement of Purpose
STATEMENT OF PURPOSE: This resolution revises the HOME Investment Partnership Program portion of the 2020 Community Development Program. On November 9, 2020 HUD notified the city that an error in the federal allocation formula resulted in a decrease in the allocation to the city. The original allocation was approved with Resolution 20-0432R. The change in the allocation reduces the city’s HOME Program amount from $549,739 to $549,634, a difference of $105. The reduction will be made to the city’s Program Administration project budget. Per the City of Duluth Citizen Participation Plan this change is categorized as a minor change and does not require a public hearing or comment period, but does require city council to amend the originally authorized award amount to be accepted by the City from HUD.