ORDINANCE NO. 230154
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Sponsor: Director of Housing and Community Development Department
Amending the Home Investment Partnership Program (HOME) appropriation amount of $2,300.000.00 and the revenue estimate of 2,300,000.00, previously included in the Kansas City 2022-2023 budget to the amount received from the U. S. Department of Housing and Urban Development (HUD) for HOME projects, which was $2,632,335.00; allowing the Department of Housing and Community Development to spend the $2,632,335.00 appropriated by HUD for its intended purpose.
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WHEREAS, the City of Kansas City is required by the Charter to approve a budget each calendar year on the fourth Thursday in March and the current budget was approved by Council in March 2022; and
WHEREAS, specific HOME grant amounts were not finalized at the time the budget was passed in March 2022, so an appropriated amount of $2,300,000.00 was used; and
WHEREAS, the actual amount received by the City for HOME funding was $2,632,335.00; and
WHEREAS, approval from Council is needed to reflect the correct budget amount for HOME so the funds provided may be spent on worthy and important projects, such as assisting individuals and families to quickly regain stability in permanent housing after experiencing a housing crisis or homelessness; NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That revenue in the following account of the HOME Investment Fund is hereby estimated in the following amount:
23-2940-550001-476050-G55HOME22 HUD Grants $332,335.00
Section 2. That the sum $332,335.00 is hereby appropriated from the Unappropriated Fund Balance of the HOME Investment fund in the following accounts:
23-2940-555326-B-G55HOME22 Rental Housing $332,335.00
Section 3. That the Director of Housing and Community Development Department is hereby designated the requisitioning authority for th...
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