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Commissioner Worley - Budget/Purchasing - To Accept and Appropriate an Award Amount of $175,000 for the 2018 Essential Family Rehabilitation Funding Agreement and to Approve the Post Award Document Including the Required Assistance and Procurement Policies (100% Grant Funds)
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STAFF CONTACT
Pat Laws - Grant Administrator - Budget/Purchasing- 704-866-3771
BUDGET IMPACT
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Appropriate Additional Funds ($175,000). No additional County funds.
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BUDGET ORDINANCE IMPACT
Increase 2018 ESFRLP1813 revenue by $175,000.
Increase 2018 ESFRLP1813 expenditure account by $175,000
BACKGROUND
The mission of the NC Housing Finance Agency (HFA) is to create affordable housing opportunities for North Carolinians whose needs are not being met by the market. As part of its mission, HFA administers the Single Family Housing Rehabilitation Program, whose funds are intended to improve living conditions for low-income elderly and disabled individuals. Single Family Housing Rehabilitation Grants are made available through a competitive application process on a rotating three-year schedule.
POLICY IMPACT
N/A
ATTACHMENTS
Budget Change Request, Funding Agreement, Post-Approval Documentation, Procurement & Disbursement Policy and Assistance Policy