STRATEGIC PRIORITY: Economic and Neighborhood Vitality
AGENDA DATE: October 13, 2021
COUNCIL DISTRICT(S): All
DEPARTMENT: Department of Housing & Neighborhood Revitalization
EXECUTIVE: Dr. Eric A. Johnson
______________________________________________________________________
SUBJECT
title
Authorize a (1) preliminary adoption of Substantial Amendment No. 1 to the FY 2021-22 Action Plan for the HOME Investment Partnerships Program (HOME) to (a) reallocate $976,042.15 in HOME funds balance for Tenant-Based Rental Assistance Program (TBRA) to Housing Development Program; (b) reduce the unit production anticipated from 150 units to 108 for TBRA; and (c) increase the Development Loan Program production from 32 to 47; and (2) a public hearing to be held on December 8, 2021, to receive comments on Substantial Amendment No. 1 to the FY 2021-22 Action Plan for HOME - Financing: No cost consideration to the City
body
BACKGROUND
The Department of Housing & Neighborhood Revitalization requests to revise the FY 2021-22 Action Plan, Tenant-Based Rental Assistance Program (TBRA) and Housing Development Loan Program, to allow timely commitment and expenditure of unused HOME TBRA funds for new development activities. The TBRA Program is managed by the Office of Community Care and has received other less restrictive funds that will assist households with rental and other services as needed.
Annually, the City submits an Action Plan to U.S. Department of Housing and Urban Development (HUD) that includes the Community Development Block Grant, HOME Investment Partnerships Program Grant (HOME), Emergency Solutions Grant, and Housing Opportunities for Persons with AIDS Grant. The Action Plan provides a detailed description of programs and services to be undertaken with the grant funds over the twelve-month period of October 1, 2021 through September 30, 2022 to address priority needs in the community designed to improve Dallas residents' quality of life for low- and moderate-inco...
Click here for full text