WHEREAS, the City of Atlanta’s (“City”) Section 8 Moderate Rehabilitation Program is a rental subsidy program that benefits low-income families and individuals; and
WHEREAS, the City administers a Housing Assistance Payment (“HAP”) contract to Edgewood Center Housing Complex which has been approved by U. S. Department of Housing and Urban Development (“HUD”) for forty-six (46) units through May 2,2018 under the Section 8 Moderate Rehabilitation Program; and
WHEREAS, the budget authority awarded by HUD for this project is Three Hundred Thirty Thousand Three Hundred Fifty 00/100 Dollars ($330,350.00) which represents the rent subsidy to the property owner, Edgewood Center Limited Partnership and administrative costs for the City; and
WHEREAS, the Department of City Planning, Office of Housing and Community Development recommends increasing estimated receipts in the 2017-2018 budget (Intergovernmental Grant Fund) by Three Hundred Thirty Thousand Three Hundred Fifty 00/100 Dollars ($330,350.00).
THE CITY COUNCIL OF THE CITY OF ATLANTA, GEORGIA, HEREBY ORDAINS, as follows:
SECTION 1: That the 2017-2018 Budget (Intergovernmental Grant Fund), Department of City Planning, be and is hereby amended as follows:
ADD TO ANTICIPATIONS
Award Number | | FDOA |
| Amount | Fund | GL Dept # | Acct | Function Activity Number | GL Project # | GL Funding Source |
250132406 | $287,592.00 | 2501 | 250305 | 3311101 | 7310000 | 212697 | 32406 |
250132406 | $42,758.00 | 2501 | 250305 | 3311101 | 7310000 | 212699 | 32406 |
Contract Total: $330,350.00
ADD TO APPROPRIATIONS
PTAEO | | FDOA |
Project Number | Task Number | Award Number | Exp. Acct. | Owning Org. | Amount | Fund | GL Dept # | Exp Acct | Function Activity Number | GL Project # | GL Funding Source |
25212699 | 102 | 250132406 | 5111001 | COA | 42,758.00 | 2501 | 250305 | 5999999 | 7310000 | 25212699 | 32406 |
25212697 | 102 | 250132406 | 5239004 | COA | 287,592.00 | 2501 | 250305 | 5999999 | 7310000 | 25212697 | 32406 |
Contract Total: $330,350.00
SECTION 2: That all other ordinances and parts of ordinances that are in conflict with this Ordinance are hereby waived to the extent of such conflict.
Part II: Legislative White Paper: (This portion of the Legislative Request Form will be shared with City Council members and staff)
B. To be completed by the department:
1. Please provide a summary of the purpose of this legislation (Justification Statement).
The purpose of this legislation is to add to anticipations and appropriations the amount of Three Hundred Thirty Thousand Three Hundred Fifty 00/100 Dollars ($330,350.00) increasing the budget amount authorized by the U.S. Department of Housing and Urban Development (“HUD”) for the City of Atlanta’s Section 8 Moderate Rehabilitation program for the Edgewood Center Housing Complex.
2. Please provide background information regarding this legislation.
The City of Atlanta’s (“City”) Section 8 Moderate Rehabilitation Program is a rental subsidy program that benefits homeless, low-income families and individuals.
The City administers a Housing Assistance Payments (“HAP”) contract to Edgewood Center Limited Partnership which has been approved by HUD for forty-six (46) units under the Section 8 Moderate Rehabilitation Program
3. If Applicable/Known:
(a) Contract Type: Housing Assistance Payment Contract
(b) Source Selection: N/A
(c) Bids/Proposals Due: N/A
(d) Invitations Issued: N/A
(e) Number of Bids/Proposals Received: N/A
(f) Bidders/Proponents: N/A
(g) Background: N/A
(h) Term of Contract: 12 Months
4. Fund Account Center: Project 25212697 Task 102 Award 250132406 Expense 5239004 (Service Grant) COA City of Atlanta (Org) - HAP (Housing Assistance Payment)
Project 25212699 Task 102 Award 250132406 Expense 5111001 (Salaries Regular) COA City of Atlanta (Org) - Administrative Fee
5. Source of Funds: HUD
6. FISCAL IMPACT This legislation will result in an increase amount of $287,592.00 to PTAEO Account Number 25212697 102 250132406 5239004 COA for Housing Assistance Payments &
This legislation will result in an increase amount of $42,758.00 to PTAEO Account Number 25212699 102 250132406 5111001 COA for Administrative Fees
Cost will be covered by the Department’s current year budget
Budget neutral - no monetary impact
Cost not anticipated in the Department’s current year budget - see account string in legislation
Or
Grant Funds authorized by the Department of Housing and Urban Development
25212697 102 250132406 5239004 COA $ 287,592.00
25212699 102 250132406 5111001 COA $ 42,758.00
______________________________________________________________________________
Note
7. Method of Cost Recovery: All expenses will be paid from this grant amount
8. Approvals:
DOF: N/A
DOL: N/A
This Legislative Request Form Was Prepared By:y: Melissa Edwards-Green
Contact Number: Ext. # 6407