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Legislation #: 090292 Introduction Date: 4/9/2009
Type: Ordinance Effective Date: 5/3/2009
Sponsor: None
Title: Authorizing the allocation of $774,914.83 from prior years unexpended HOME Community Housing Development Organization (CHDO) set-aside funds as awarded from the U.S. Department of Housing and Urban Development (HUD); amending the 2008 One-Year Action Plan and submitting the amendment to HUD for its consideration; appropriating $774,914.83 from the Unappropriated Fund Balance of the HOME Investment Fund; authorizing two contract amendments with CHDO developers for projects previously identified in the 2008 One-Year Action Plan; and designating requisitioning authority.

Legislation History
DateMinutesDescription
4/9/2009 Filed by the Clerk's office
4/9/2009 Referred to Housing Committee
4/15/2009 Hold On Agenda (4/22/2009)
4/22/2009 Advance and Do Pass, Debate
4/23/2009 Passed

View Attachments
FileTypeSizeDescription
090292.pdf Authenticated 135K AUTHENTICATED
CHDO Approp Admin.xls Other 324K approp/admin worksheet
CHDO Fiscal Note.xls Fiscal Note 40K fiscal note
CHDO_Prior_Year_Set_Aside_Fact_Sheet(1).xls Fact Sheet 50K Fact Sheet

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ORDINANCE NO. 090292

 

Authorizing the allocation of $774,914.83 from prior years unexpended HOME Community Housing Development Organization (CHDO) set-aside funds as awarded from the U.S. Department of Housing and Urban Development (HUD); amending the 2008 One-Year Action Plan and submitting the amendment to HUD for its consideration; appropriating $774,914.83 from the Unappropriated Fund Balance of the HOME Investment Fund; authorizing two contract amendments with CHDO developers for projects previously identified in the 2008 One-Year Action Plan; and designating requisitioning authority.

 

WHEREAS, Committee Substitute for Resolution No. 080218, adopted on March 20, 2008, approved the 2008 One-Year Action Plan prepared pursuant to the National Affordable Housing Act of 1990, as amended; and

 

WHEREAS, Ordinance No. 080748, passed on August 7, 2008, authorized the Director of City Development to execute contracts approved under the 2008 One-Year Action Plan; and

 

WHEREAS, the 2008 One-Year Action Plan identified $507,500.00 to be set aside for use in the Community Housing Development Organization Program (CHDO) of the HOME Investment Partnership Program (HOME); and

 

WHEREAS, pursuant to a request for proposal process, two CHDO developers were selected to receive funding; and

 

WHEREAS, the two CHDO developers and the projects selected for the 2008 One-Year Action Plan were as follows: $307,500.00 to Blue Hills Community Services Corporation for acquisition and substantial rehabilitation of six single family housing units and $200,000.00 to Westside Housing Organization for the construction of two single family units and acquisition and substantial rehabilitation of three single family housing units; and

 

WHEREAS, the City has prior years unallocated CHDO funds that need to be under contract and partially expended prior to September 30, 2009; and

 

WHEREAS, the City intends to provide additional unallocated CHDO set-aside funding to both 2008 CHDO projects in order to commit the unallocated prior year HOME funds, the sum of which is expected to be returned to the City as HOME program income after the sale of each housing unit to an income eligible buyer; and

 

WHEREAS, the City will be amending the contracts and loan documents with each of the two CHDO developers; and

 

WHEREAS, through this Ordinance the City desires to enter into contract amendments to provide additional acquisition and construction financing for the Blue Hills Community Services Corporation and the Westside Housing Organization CHDO Projects; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the 2008 Consolidated One-Year Action Plan is hereby amended to include the allocation of prior year Community Housing Development Organization funding and the Acting Director of Housing and Community Development is authorized to present such amendment to the U.S. Department of Housing and Urban Development for consideration.

 

Section 2. That the Acting Director of Housing and Community Development, on behalf of the City of Kansas City, Missouri, is hereby authorized to allocate prior years funding to the Community Housing Development Organizations in the 2008 One-Year Action Plan and to execute two contract amendments to add the following amounts to the projects: $348,176.83 to Blue Hills Community Services Corporation and $426,738.00 to Westside Housing Organization. Copies of the contracts and amendments, in substantial form, are available in the office of the Acting Director of Housing and Community Development and are incorporated herein by reference.

 

Section 3. That $774,914.83 is hereby appropriated from the Unappropriated Fund Balance of the HOME Fund to the following accounts:

 

10-2940-555301-B Blue Hills Community Services $348,176.83

10-2940-555301-B Westside Housing Organization 426,738.00

TOTAL $774,914.83

 

Section 4. That the Acting Director of the Housing and Community Development is designated as requisitioning authority for Account Nos. 10-2940-555301.

 

Section 5. That this ordinance shall take effect at the later of ten days after passage or May 1, 2009.

 

_______________________________________________

 

I hereby certify that there is a balance, otherwise unencumbered, to the credit of the appropriation to which the foregoing expenditure is to be charged, and a cash balance, otherwise unencumbered, in the treasury the credit of the fund from which payment is to be made, each sufficient to meet the obligation hereby incurred.

 

 

________________________

Jeffrey A. Yates

Director of Finance

 

 

Approved as to form and legality:

 

 

_________________________

Nicole Rowlette

Assistant City Attorney