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Approve the Proposed 2023-2024 Capital Fund Expenditures for Public Housing.
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Staff: |
Department: |
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Faith M. Brodie |
Public Housing Director |
Overview: The U.S. Department of Housing and Urban Development (HUD) awarded the Town $1,168,203 of Public Housing Capital Fund Grant funds for 2023-2024. The Town plans to use funds to renovate units consistent with our Public Housing Master Plan, to replace staff vehicles, and to provide staff training and development.
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Recommendation(s): |
That the Council adopt the resolution approving the proposed 2023-2024 Capital Fund expenditures for Public Housing, and authorize the Town Manager to submit this Annual Action Plan to HUD.
Fiscal Impact/Resources: Adoption of the resolution would allocate funds for eligible Capital Grant Fund activities.
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Attachments: |
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• Resolution |
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• Project Ordinance Amendment - Housing Capital Grants Fund |
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• HUD-52840-A Capital Fund Program Amendment |
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• Proposed Use of Funds |
A RESOLUTION APPROVING ACTIVITIES FOR THE 2023-2024 CAPITAL FUND PROGRAM (2023-10-11/R-2)
WHEREAS, THE Town has received confirmation of the 2023-2024 Capital Fund Grant by the U.S. Department of Housing and Urban Development; and
WHEREAS, THE 2023-2024 Capital Fund Grant will provide $1,168,203 for the renovation and preservation of Chapel Hill Public Housing properties.
NOW, THEREFORE, BE IT RESOLVED by the Council of the Town of Chapel Hill that based on the Town’s estimated allocation of $1,168,203 of Capital Funds Grant funds the Capel Hill Town Council approves the following 2023-2024 Capital Grant Program Plan:
Proposed Uses of Funds
• Miscellaneous Contracted Services $400,000
• Small Equipment $345,497
• Administrative Cost $116,820
• Vehicle replacement $130,886
• Professional Services $100,000
• Training & Development $50,000
• Relocation Costs $25,000
TOTAL $1,168,203
BE IT FURTHER RESOLVED that the Council authorizes the Town Manager to submit this 2023-2024 Annual Action Plan to the United States Department of Housing and Urban Development.
This the 11th day of October, 2023.
AN ORDINANCE TO ENACT A CAPITAL FUND PROGRAM (CFP) PROJECT ORDINANCE (2023-10-11/O-1)
BE IT ORDAINED by the Council of the Town of Chapel Hill that pursuant to Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the following project ordinance is hereby enacted as follows:
“SECTION I
The project authorized is the Housing Capital Fund Project budget as approved by the Council on 10/11/2023
SECTION II
The Manager of the Town of Chapel Hill is hereby directed to proceed with implementation with the project within the terms of the Contract document(s), the rules and regulations of the U.S. Department of Housing and Urban Development, and budget contained herein.
SECTION III
SECTION IV
The amounts appropriated for the project are established as follows:
SECTION V
The Finance Officer of the Town of Chapel Hill is hereby directed to maintain within the Project Fund sufficient specific detailed accounting records to provide the accounting to the U.S. Department of Housing and Urban Development as required by the Annual Contributions Contract and federal regulations.
SECTION VI
Funds may be advanced from General funds for the purpose of making payments as due. Reimbursement requests should be made to HUD in an orderly and timely manner.
SECTION VII
The Manager is directed to report annually on the financial status of each project in Section IV and on the total revenues received.”
This the 11th day of October, 2023.
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The Agenda will reflect the text below and/or the motion text will be used during the meeting. |
presenter
By enacting the project ordinance amendment, the Council recognizes the FY 2023-24 housing capital grant and approves the uses outlined.