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Form #: B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION Office of Housing & Community DEPARTMENT: Development DATE: 03/11/16 STAFF CONTACT: Susan K. Akiyama, Housing Administrator PHONE: 961-8379 A. REQUEST: Amend Ordinance 15-57 by appropriating the following: The Office of Housing and Community Development is requesting the appropriation of$200,000 to the Housing Voucher Program (Account Number 152.3301.54). This amount represents an additional increase in revenues received from the U.S. Department of Housing and Urban Development to be used for Housing Assistance Payment subsidies, and is to cover the expenditure account number 152.461.5466.30.371, Voucher rental subsidies. B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): The increase in appropriation reflects the updated allocation to be received from the U.S. Department of Housing and Urban Development for the period July 1, 2015 through June 30, 2016 for the Housing Choice Voucher HCV (Section 8 program). The $200,000 is to be used for payment of rental assistance for eligible participants in the program. The OHCD expects to expend this allocation by June 30, 2016. In February of each year, the OHCD compares the County budgeted and HUD anticipated funding for the Section 8 Program and adjust the budgeted amounts, if necessary; to reflect more closely the anticipated Program 8 funding the County is to receive for the current fiscal year. Although a previous request for additional appropriation was recently submitted, this additional appropriation is to reflect additional funding that HUD is providing to ramp up our rental assistance for eligible participants of the program. 411 SIGNED: -\-- '1% DATE: 03/11/2011 P- •- • ent Head 4547ss1h