Gaston County - File #: 22-366

• File #: 22-366
• Type: Resolution (Consent)
• Status: Passed
• File created: 9/6/2022
• In control: Financial and Management Services - Budget
• On agenda: 9/27/2022
• Final action: 9/27/2022
• Enactment date: 9/27/2022
• Enactment #: 2022-271
• Title: Commissioner Worley - Budget & Strategy - To Accept and Appropriate Additional State Grant Funds from the NC Housing Finance Agency for Home Repairs ($132,000) ($2,500 Match)
• Sponsors: Ronnie Worley

Date	Ver.	Action By	Action	Result
9/27/2022	1	Board of Commissioners	approved	Pass

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Commissioner Worley - Budget & Strategy - To Accept and Appropriate Additional State Grant Funds from the NC Housing Finance Agency for Home Repairs ($132,000) ($2,500 Match)

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STAFF CONTACT

Pat Laws - Budget & Strategy - 704-866-3771

BUDGET IMPACT
budget

Appropriate State grant funds.  A match of $2,500 will come from an account in BDS that is funded with prior URP “soft costs” and designated for home repairs.

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BUDGET ORDINANCE IMPACT

N/A

BACKGROUND

The NC Housing Finance Agency makes Urgent Repair Program funds available to qualified organizations during each competitive funding cycle to finance emergency home repairs and modifications for low-income homeowners with special needs. The funds are used to provide deferred, forgiven loans of up to $12,000 to qualified homeowners for emergency repairs.

POLICY IMPACT

N/A

ATTACHMENTS

Budget Change Request (BCR) & Award Letter