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HomeMy WebLinkAbout10659ORDINANCE NO. 10659 AN ORDINANCE ESTABLISHING PROJECT NO. HO2470, TENANT BASED RENTAL ASSISTANCE PROJECT, TRANSFERRING $75,000.00 FROM PROJECT NO. HO2150, $25,000.00 FROM PROJECT NO. HO2260, $66,978.83 FROM PROJECT NO. HO2130, AND ACCEPTING $22,326.17 FROM THE COUNTY OF PUEBLO, BUDGETING AND APPROPRIATING FUNDS IN THE AMOUNT OF $189,305.00, AND AUTHORIZING THE MAYOR TO EXECUTE SAME WHEREAS, the City of Pueblo has received an allocation of HOME Investment Partnership Act Grant funds and the provision for Tenant Based Rental Assistance is an eligible activity under the HOME Program; and WHEREAS, the City of Pueblo included Tenant Based Rental Assistance is an eligible activity in the Annual Action Plan, and WHEREAS, the City of Pueblo and Pueblo County wish to reduce homelessness within the community through a collaborative effort to administer the City’s Tenant Based Rental Assistance Program; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. Establishing Project No. HO2470 – Tenant Based Rental Assistance. SECTION 2. Funds in the amount of $75,000.00 from Project No. HO2150, $25,000.00 from Project No. HO2260, $66,978.83 from Project No. HO2130, and funds from the County of Pueblo in the amount of $22,326.17 are hereby transferred into Project No. HO2470, Tenant Based Rental Assistance Project, and budgeted and appropriated for Project No. HO2470. SECTION 3. The officers of the City are authorized to perform any and all acts consistent with this Ordinance to implement the policies and procedures described herein. SECTION 4. This Ordinance shall become effective on the date of final action by the Mayor and City Council. Action by City Council: Introduced and initial adoption of Ordinance by City Council on February 12, 2024. Final adoption of Ordinance by City Council on February 26, 2024. APPROVED: PRESIDENT OF CITY COUNCIL Action by the Mayor: ☒ Approved on February 29, 2024 . □ Disapproved on based on the following objections: Mayor Action by City Council After Disapproval by the Mayor: □ Council did not act to override the Mayor's veto. □ Ordinance re-adopted on a vote of , on □ Council action on _______ failed to override the Mayor’s veto. President of City Council ATTEST City Clerk City Clerk's Office Item # R6 Background Paper for Proposed Action Item COUNCIL MEETING DATE: February 26, 2024 TO: President Mark Aliff and Members of City Council CC: Mayor Heather Graham VIA: Marisa Stoller, City Clerk FROM: Scott Hobson, Acting Director Planning and Community Development SUBJECT: AN ORDINANCE ESTABLISHING PROJECT NO. HO2470, TENANT BASED RENTAL ASSISTANCE PROJECT, TRANSFERRING $75,000.00 FROM PROJECT NO. HO2150, $25,000.00 FROM PROJECT NO. HO2260, $66,978.83 FROM PROJECT NO. HO2130, AND ACCEPTING $22,326.17 FROM THE COUNTY OF PUEBLO, BUDGETING AND APPROPRIATING FUNDS IN THE AMOUNT OF $189,305.00, AND AUTHORIZING THE MAYOR TO EXECUTE SAME SUMMARY: This Ordinance creates project account HO2470 for the joint City/County administration of Tenant Based Rental Assistance activity funds for the prevention of homelessness. Pueblo County has asked to partner with the City as the lead agency in the Pueblo Consortium to administer HOME Investment Partnership Funds for a joint tenant based rental assistance activity. PREVIOUS COUNCIL ACTION: The City Council has approved funding for this program in previous years. BACKGROUND: The City of Pueblo and Pueblo County receive a yearly allocation of HOME funds from the U.S. Department of Housing and Urban Development through the Pueblo Consortium. The Consortium is a collaboration between the City and the County to jointly administer HOME funds in a coordinated effort. Tenant-Based Rental Assistance (TBRA) is an eligible activity under the HOME program and is used to prevent homelessness and to re-establish residency for those individuals or families who are homeless. The City’s TBRA program is a transitional housing program designed to increase self-sufficiency over a 24-month period. Posada has previously managed the TBRA Program for the City. FINANCIAL IMPLICATIONS: Partial funding is available in the 251 Fund. A local match is a requirement of the HOME Program and was appropriated by Council under Ordinance 9975 and 10215. Additional Program match is due from the County of Pueblo in the amount of $22,326.17. The Board of County Commissioners approved Pueblo County Resolution 23-225 authorizing the action and the amount. HOME funds previously appropriated and budgeted are in the following accounts are hereby reprogrammed and budgeted for this activity, transferring funds into Project No. HO2470: Account HO2150 $75,000.00 Account HO2260 $25,000.00 Account HO2130 $66,978.83 Pueblo County Match $22,326.17 $189,305.00 BOARD/COMMISSION RECOMMENDATION: Not applicable. STAKEHOLDER PROCESS: None ALTERNATIVES: City Council can choose not to provide funding for this Program. RECOMMENDATION: Approval of the Ordinance. ATTACHMENTS: None