ORDINANCE NO. 220688
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Estimating revenues and appropriating funds in the amount of $8,397,188.00 in the HOME Partnership Program from the American Rescue Plan; authorizing the Director of Housing and Community Development to execute contracts for HOME Partnership Program/American Rescue Plan (ARP) activities to be known as "HOME/ARP" funding activities; and designating requisitioning authority.
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WHEREAS, the Coronavirus Aid, Relief and Economic Security Act (CARES Act) was passed by Congress and signed into law by the President on March 27, 2020, to make available supplemental funding for the HOME Partnership Program; and
WHEREAS, cities were disproportionately hit hard by the pandemic, affecting the most vulnerable residents in Kansas City, Missouri; and
WHEREAS, the HOME-ARP funding gives entitlement cities the flexibility to best meet the needs of people experiencing or at risk of experiencing homelessness, including through development of affordable housing, tenant-based rental assistance, supportive services, development of affordable housing, tenant-based rental assistance, supportive services, and acquisition and development of non-congregate shelter units and funds must be spent by 2030; and
WHEREAS, execution of contracts will provide needed funding for the production and preservation of affordable housing and supportive services, including services defined as: (1) Homeless Prevention and Housing Counseling, (2) the Purchase and Development of Non-Congregate Shelter (as defined in the Emergency Solutions Grants [ESG] Program), (3) permanent funding under the Continuum of Care Program and (4) Affordable Housing under the HOME Program, to benefit very low-to-moderate income persons; NOW, THEREFORE
BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That the revenue is estimated in the following account of the HOME-ARP Program Fund in the following amount:
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