2014-1103 RESOLUTION NO. 2014 -1103
A RESOLUTION APPROVING A REVISED 2014 RENT ASSISTANCE AND STATE
AND FEDERAL GRANTS BUDGET
WHEREAS, the Janesville Community Development Authority (CDA) administers
the federally funded Housing Choice Voucher Rent Assistance Program for the U.S.
Department of Housing and Urban Development (HUD); and
WHEREAS, the City of Janesville is a formula grantee under the Community
Development Block Grant (CDBG) and HOME Investment Partnership Programs, which
are administered by the U. S. Department of Housing and Urban Development; and
WHEREAS, the U.S. Department of Housing and Urban Development has
announced funding allocations for the Rent Assistance Program which result in the City of
Janesville receiving $2,584,514 in program funding (HAP) and a projected $267,455 in
administrative fee revenue, which is $170,842 and $36,655, respectively, higher than
originally budgeted; and
WHEREAS, the U.S. Department of Housing and Urban Development has
announced funding allocations for the CDBG and HOME Programs which resulted in the
City of Janesville receiving $2,467 less and $13,862 more, respectively, than the adopted
budget; and
WHEREAS, the City receipted higher than anticipated program income and lower
overall expenditures in 2013 in the CDBG and HOME Programs, making additional funding
available to be allocated; and
WHEREAS, the City will receive addition grant funds under the Community
Development Block Grant — Emergency Assistance Program (CDBG -EAP) in 2014 as the
result of a delayed request for business relocation benefits originally anticipated in 2013;
and
WHEREAS, the CDA has reviewed the Rent Assistance Program budget and the
State and Federal Grants Program budget and is recommending a budget amendment,
which is consistent with the 2014 Annual Action Plan; and
WHEREAS, the budget will be revised as follows:
Account Account # 2014 2014
Adopted Revised
Revenue -Rent Assistance 040 -50- 000 - 531 - 0000 - 610.01 $2,413,672 $2,584,514
Voucher Program
Revenue — Rent Assistance 040 -50- 000 - 531 - 0000 - 610.02 $ 230,800 $ 267,455
Admin Fees
Expenditure- Housing 040 -50- 000 - 531 - 5312 - 748.01 $2,458,200 $2,587,530
Assistance Payments
Resolution No. 2014 -1103
Page 2
Revenue - HOME - 041 -50- 000 - 550 - 0000 - 611.05 $270,707 $320,765
Entitlement
Expenditure - HOME - 041 -50- 000 - 550 - 5501 - 701.01- $20,707 $24,157
Administration 706.04
Expenditure - HOME - 041 -50- 000 - 550 - 5503 - 746.07 $188,000 $200,475
Homeownership
Expenditure - HOME - 041 -50- 000 - 550 - 5504 - 746.06 $30,000 $64,133
Owner Rehab
Revenue - CDBG -Admin 042 -50- 000 - 532 - 0000 - 611.09 $112,300 $113,913
Revenue - CDBG - RECP 042 -50- 000 - 533 - 0000 - 611.14 $139,588 $151,336
Revenue -CDBG- Housing 042 -50- 000 - 533 - 0000 - 611.23 $305,012 $337,207
Rehabilitation
Revenue - CDBG - Public 042 -50- 000 - 535 - 0000 - 611.16 $87,000 $92,300
Service Activities
Expenditure - CDBG - 042 -50- 000 - 532 - 5321 - 701.01- $81,547 $78,097
Admin 706.04
Expenditure - CDBG- 042 -50- 000 - 533 - 5335 - 746.06 $99,996 $111,744
RECP
Expenditure -CDBG- 042 -50- 000 - 533 - 5302 - 746.06 $236,184 $263,596
Owner Rehab -
Rehabilitation Costs
Expenditure -CDBG- 042 -50- 000 - 533 - 5303 - 746.06 $36,132 $40,915
Rental Rehab -
Rehabilitation Costs
Expenditure - CDBG - Public 042 -50- 000 - 535 - 5351 - 746.01 $87,000 $92,300
Service Activities (1)
Revenue - CDBG -EAP 042 -50- 000 - 539 - 0000 - 611.19 $180,443 $232,000
Expenditure - CDBG -EAP 042 -50- 000 - 539 - 5391 - 910.01 $27,443 $79,000
- general expense
(1) Public Service allocations would be as follows: $4,200 to Boys & Girls Club, $47,800
to ECHO, $34,000 to HealthNet, and $6,300 to the Literacy Connection.
WHEREAS, the Common Council finds that it is in the community's best interest to
revise the 2014 Rent Assistance and State and Federal Grants budget to reflect the
changes in federal funding allocations and availability of funds;
NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of
Janesville, that it authorizes and directs the City Manager to administer the Revised 2014
Rent Assistance and State and Federal Grants Budget as recommended;
BE IT FURTHER RESOLVED, that the City Manager, and his designees, are hereby
authorized to negotiate, draft, prepare, execute, file, revise, amend, and otherwise modify
such other documents, papers, forms, files, and agreements ancillary and /or pertaining
thereto and, from time to time, to take and /or make whatever other actions and /or
Resolution No. 2014 -1103
Page 3
modifications to the above described agreements and to this Resolution as the City
Manager and /or his designee may deem necessary and /or desirable, from time to time, to
effectuate the purposes of such agreements and the intent of this Resolution. The City
Manager is also hereby authorized to revise the FY2014 budget as reflected in this
Resolution.
ADOPTED: June 9, 2014 Motion by: Liebert
Second by: Farrell
APPROV D: /7..,.. Aye Nay Pass Absent
Aa 4-/ Bobzien X
Farrell X
Mar . Freitag, City Manage Fitzgerald X
Kealy X
ATTEST: Liebert X
Marklein X
y ' � �j / Severson X
nul , City Clerk -Tre rer VED AS TO FORM:
Wald Klimct9k, City Attorney
Proposed by: Community Development Authority
Prepared by: Jennifer Petruzzello,
Neighborhood & Community Services Director