Submitted By: James Haynes
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Presentation By: Robin Ford
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Department: Community Development Services
STAFF RECOMMENDATION (Motion Ready):
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Adopt Budget Resolution 2025-100 amending the Fiscal Year 2023-24 budget to accept and appropriate program income for the City of Ocala's State Housing Initiatives Partnership grant program in the amount of $14,050
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OCALA'S RELEVANT STRATEGIC GOALS:
Operational Excellence, Quality of Place
PROOF OF PUBLICATION:
N/A
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BACKGROUND:
On or about February 21, 2017, the Revitalization Strategies Division, now known as Community Programs, finalized a rehabilitation project for Elouise Baker, an elderly, low-income household homeowner whose real property is located at 321 NW 31st St., Ocala, Florida. The project was completed using the State Housing Initiative Program (SHIP) grant funding. The amount of the deferred mortgage was $14,050.
FINDINGS AND CONCLUSIONS:
On or about July 31, 2024, Community Programs was contacted concerning the Baker deferred mortgage payout amount through August 31, 2024. On or about August 20, 2024, Community Programs received a check for the balance of the deferred mortgage in the amount of $14,050. Staff recommends this amount be accepted via the proposed budget resolution and added to the Fiscal Year 2024-25 SHIP grant budget to further assist low-income families with approved housing rehabilitation activities.
FISCAL IMPACT:
Source:
140-369-000-000-16-36943 Misc-Program Income-Principal $14,050
Use:
140-050-699-559-55-34010 Other Services $14,050
PROCUREMENT REVIEW:
N/A
LEGAL REVIEW:
N/A
ALTERNATIVE:
* Adopt with Changes
* Table
* Deny
BUDGET RESOLUTION 2025-100
A RESOLUTION AMENDING THE FISCAL YEAR 2023-24 BUDGET TO ACCEPT AND APPROPRIATE PROGRAM INCOME FOR THE CITY OF OCALA'S STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) GRANT PROGRAM IN THE AMOUNT OF $14,050
WHEREAS, the City of Ocala receives an annual allotment of SHIP funding to further the ...
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