DEPARTMENT: Neighborhood and Housing Services
DEPARTMENT HEAD: Ver?nica R. Soto, FAICP, Director
COUNCIL DISTRICTS IMPACTED: City-Wide
SUBJECT:
FY 2021 Community Housing Development Organization Funding Recommendations
SUMMARY:
Consideration of an ordinance to award up $300,000 in FY 2021 HOME Investment Partnerships Program (HOME) funding to the following eligible Community Housing Development Organizations (CHDO) for CHDO Operating Expense activities as follows:
(a) $56,000 to Alamo Area Mutual Housing Association (Alamo Community Group) (Council District 7);
(b) $77,955 to Habitat for Humanity of San Antonio (Council District 5);
(c) $56,000 to Prospera HCS (Council District 10);
(d) $56,000 to Neighborhood Housing Services of San Antonio (Council District 3); and
(e) $54,045 to Our Casas Resident Council (Council District 5).
BACKGROUND INFORMATION:
On August 13, 2020, through Ordinance 2020-08-13-0531, City Council approved the FY 2021 Action Plan and Budget (Action Plan) which allocated $13.35 million in CDBG funding and $5.82 million in HOME funding. The Action Plan includes $300,000 in HOME set-aside for Community Housing Development Organization (CHDO) Operating Expense funding.
The HOME regulations require the City to set-aside at least 15 percent of its annual HOME entitlement award for eligible housing development projects that are owned, developed or sponsored by a CHDO and a contract must be executed with a CHDO for an eligible project within 24 months of the award.
The CHDO Operating Expense funding is designed to provide operating funds to CHDOs based on financial need and the expectation that the organization is utilizing or will utilize the HOME CHDO set-aside funding within 24 months of the award. Operating expenses must be reasonable and necessary costs that will further the CHDO's ability to develop, own, and/or sponsor an eligible housing development project.
On September 18, 2020, the City issued a Request for Propos...
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