City of Cincinnati - File #: 202101544

• 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
• 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

Date	Ver.	Action By	Action	Result
5/17/2021	1	Budget and Finance Committee	indefinite postponement
5/11/2021	1	Budget and Finance Committee	Held
5/3/2021	1	Budget and Finance Committee	Held
4/26/2021	1	Budget and Finance Committee	Held

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 purpose.

recommendation

BUDGET & FINANCE COMMITTEE