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<br /> <br /> <br /> <br /> Form B-52 <br /> 7/18/91 <br /> <br /> DEPARTMENT OF FINANCE <br /> REQUEST FOR COUNCIL ACTION <br /> <br /> <br /> <br /> DEPARTMENT: Ofc of Housing and Comm Development DATE: 05/05/2009 <br /> <br /> STAFF CONTACT: Stephen J. Arnett Housing Administrator PHONE: 961-8379 <br /> <br /> <br /> A. REQUEST: <br /> <br /> The Office of Housing and Community Development is requesting the appropriation of $ 700,000.00 to <br /> Housing Voucher Program (Account Number 152.3301.54). This amount represents the increase in <br /> revenues received from the U.S. Department of Housing and Urban Development to be used for Housing <br /> Assistance Payment subsidies, and is to cover the expenditure account number 152-461.5466.30.371, <br /> Voucher rental subsidies. <br /> <br /> <br /> <br /> <br /> <br /> B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): <br /> The increase in appropriation reflects the updated allocation to be received from the U.S. Department of <br /> Housing and Urban Development for the period July 1, 2008 through June 30, 2009 for the Housing Choice <br /> Voucher (Section 8) Program. The $ 700,000.00 is to be used for payment of rental assistance for eligible <br /> participants of the program. The OHCD expects to expand this allocation by June 30, 2009. <br /> <br /> The OHCD respectfully requests that the matter be waived from the Finance Committee meeting and placed <br /> on the agenda of the full Council on May 20, 2009. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> SIGNED: off- Q- DATE: 05/05/09 <br /> Department Head <br /> <br /> 7926bslh <br />