ORDINANCE NO. 240633
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Sponsor: Director of Housing and Community Development Department
Approving the Substantial Amendment to 2020-2022 One Year Action Plan to reprogram funding for the Community Development Block Grant (CDBG) and the HOME Investment Partnership Program; estimating and appropriating funding in the amount of $900,478.00 in the HOME Investment Partnership grant funds; authorizing the Director of Housing and Community Development Department to expend $1,500,000.00 for Jazz District III and Prospect Summit for multifamily housing construction contracts and $300,000.00 for Amethyst Place; designating requisition authority; and authorizing the Manager of Procurement Services to execute contracts.
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WHEREAS, the City of Kansas City will provide funding for public facilities, neighborhood revitalization, and housing through the Department of Housing and Urban Development Department Community Development Block Grant and the HOME Investment Partnership Program; and
WHEREAS, funding will be used to provide low to moderate income households to promote housing and community development throughout the City of Kansas City. NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That the Substantial Amendment to 2020-2022 One Year Action Plan to reprogram funding for the Community Development Block Grant (CDBG) and the HOME Investment Partnership Program is hereby approved and authorized.
Section 2. That the revenue is estimated in the following account of the HOME Investment Partnership Grant Fund in the following amount:
25-2940-570001-476050-G57HOME20 HUD Home Grant $ 900,478.00
Section 3. That the sum of $900,478.00 is hereby appropriated from the Unappropriated Fund Balance to the following accounts in the HOME Investment Grant Fund:
25-2940-575311-B-G57HOME20 2019 HOME Investment
Partnership $ 900,478.00
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