File #: 202101544    Version: 1
Type: Ordinance Status: Indefinitely Postponed
File created: 4/23/2021 In control: Budget and Finance Committee
On agenda: 4/26/2021 Final action:
ORD/RES# date: ORD/RES#:
Title: ORDINANCE (EMERGENCY), dated 04/23/2021, submitted by Mayor John Cranley, from Andrew W. Garth, City Solicitor, AUTHORIZING the establishment of American Rescue Plan grant project account no 469x162xARP0088, "Affordable Housing Trust Fund," for the purpose of providing funds to support the acquisition, construction, and rehabilitation of affordable housing in the City of Cincinnati, as determined by the City Manager; and AUTHORIZING the appropriation of the sum of $2,500,000 from the unappropriated surplus of Local Fiscal Recovery Fund 469 to newly established American Rescue Plan grant project account no. 469x162xARP008, "Affordable Housing Trust Fund," for the purpose of providing funds to support the acquisition, construction, and rehabilitation of affordable housing in the City of Cincinnati as determined by the City Manager; and further DECLARING expenditure from American Rescue Plan grant project account no. 469x162xARP008, "Affordable Housing Trust Fund," to be for a public purp...
Sponsors: Mayor John Cranley
Attachments: 1. Transmittal, 2. Emergency Ordinance

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ORDINANCE (EMERGENCY), dated 04/23/2021, submitted by Mayor John Cranley, from Andrew W. Garth, City Solicitor, AUTHORIZING the establishment of American Rescue Plan grant project account no 469x162xARP0088, “Affordable Housing Trust Fund,” for the purpose of providing funds to support the acquisition, construction, and rehabilitation of affordable housing in the City of Cincinnati, as determined by the City Manager; and AUTHORIZING the appropriation of the sum of $2,500,000 from the unappropriated surplus of Local Fiscal Recovery Fund 469 to newly established American Rescue Plan grant project account no. 469x162xARP008, “Affordable Housing Trust Fund,” for the purpose of providing funds to support the acquisition, construction, and rehabilitation of affordable housing in the City of Cincinnati as determined by the City Manager; and further DECLARING expenditure from American Rescue Plan grant project account no. 469x162xARP008, “Affordable Housing Trust Fund,” to be for a public purpose.

 

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BUDGET & FINANCE COMMITTEE