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HomeMy WebLinkAboutOrdinance 17548-05-2007Ordinance No 17548-05-2007 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE GRANTS FUND IN THE AMOUNT OF $165 000 FROM AVAILABLE FUNDS FOR THE PURPOSE OF FUNDING HOMEOWNERSHIP COUNSELING SERVICES IN THE HOUSING DEPARTMENT PROVIDING FOR A SEVERABILITY CLAUSE, MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS SECTION 1 That in addition to those amounts allocated to the various City departments for Fiscal Year 2006-2007 and in the Budget of the City Manager there shall also be increased estimated receipts and appropriations in the Grants Fund in the amount of $165 000 from available funds, for the purpose of funding Homeownership Counseling Services in the Housing Department. SECTION 2 That should any portion, section or part of a section of this ordinance be declared invalid inoperative or void for any reason by a court of competent jurisdiction, such decision, opinion or judgment shall in no way impair the remaining portions, sections, or parts of sections of this ordinance, which said remaining provisions shall be and remain in full force and effect. SECTION 3 That this ordinance shall be cumulative of Ordinance No 17142 and all other ordinances and appropriations amending the same except in those instances where the provisions of this ordinance are in direct conflict with such other ordinances and appropriations, in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4 This ordinance shall take effect upon adoption APPROVED AS TO FORM AND LEGALITY S ~~,~~~ Assistant City Attorney ADOPTED AND EFFECTIVE. May 15, 2007 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION Approved on 5/15/2007 Ordinance No 17548-05-2007 DATE Tuesday May 15 2007 LOG NAME. 05GRANT 07-08 REFERENCE NO G 15725 SUBJECT Authorize Application for and Acceptance of a Grant from the U S Department of Housing and Urban Development for Housing Counseling Services Approve and Accept Private Donations Authorize Inter-Fund Loan and Approve Appropriation Ordinance RECOMMENDATION It is recommended that the City Council 1 Authorize the City Manager to apply for and accept, if awarded a grant up to $150 000 00 from the U S Department of Housing and Urban Development (HUD) for the City's housing counseling services 2. Certify that the activities to be funded with the HUD Housing Counseling Grant are consistent with the City's Consolidated Plan 3 Authorize the City Manager to accept private donations up to a total of $15 000 00 to further support the housing counseling program 4 Adopt the attached appropriation ordinance increasing the estimated receipts and appropriations in the Grant Fund by up to $165 000 00 from available funds,$150 000 from the HUD Grant and $15 000 from donations, and 5 Authorize anon-interest bearing inter-fund loan from the General Fund to the Grants Fund in the amount of $50 000 for interim financing of this grant program pending contract execution DISCUSSION HUD issued a competitive Notice of Fund Availability for its Housing Counseling Grant Program The Housing Department desires to apply for $150 000 00 under the HUD grant program, the maximum amount an applicant may seek. The Housing Department was initially certified by HUD as a Local Housing Counseling Agency on December 19 1997 This certification is effective through August 2007 and will be renewed prior to its expiration. The Housing Department is competing for this HUD grant to continue support for the City's housing counseling services available to residents of Fort Worth and the surrounding areas. This program includes homeownership training in a classroom setting as well as one-on-one counseling sessions on topics such as budgeting credit repair how to shop for a mortgage loan, how to select a home caring for and maintaining a home following purchase reverse mortgages, refinancing foreclosure prevention and education on avoiding predatory lending practices. In FY 2005-2006 the City's program served a total of 1 605 housing clients. It is complementary and supportive of the City's down payment and closing cost assistance program which helped 70 first-time homebuyers purchase homes. It also provided the required Logname• OSGRANT 07-08 Page 1 of 2 housing counseling and education components required of participants in the Fort Worth Housing Authority's (FWHA) Housing Choice Voucher Homeownership Program The City has a contract with FWHA to provide this service. The Housing Department also partners with the Community Relations Department in providing information on predatory lending practices to approximately 1 000 clients each year It collaborates with local housing nonprofits lenders, real estate agents and other entities in reaching out to residents who need housing counseling services, particularly first-time homebuyers, low-income households, minorities, persons with disabilities, homeless persons in transitional housing programs and other underserved populations. The Housing Department has successfully competed for this HUD grant over the past several years, receiving $218 000 last year and $57 000 for the current year To leverage the HUD grant, the Housing Department has also received contributions and grants from lenders and other private donors for outreach and training activities. Last year these donations amounted to approximately $9 000 00 The Housing Department plans to intensify efforts to increase that amount in the coming year No match is required The housing counseling program is available in ALL COUNCIL DISTRICTS FISCAL INFORMATION/CERTIFICATION The Finance Director certifies that upon approval of the above recommendations, and adoption of the attached appropriation ordinance funds will be available in the current operating budget, as appropriated of the Grants Fund Upon execution of the grant contract, interim funding will be returned to the General Fund TO Fund/Account/Centers GR76 220001 00020619000 GR76 451727 005206190000 FE72 488100 005539000000 FE72 539120 005539000000 GR76 SXXX)CX 0050206190010 FROM Fund/AccountlCenters $50.000.00 GG01 136076 0000000 $150.000.00 $15,000:00 $15,000.00 $150:000.00 $50.000.00 Submitted for City Manager's Office b~ Dale Fisseler (6140) Originating Department Head. Jerome Walker (7537) Additional Information Contact: Susan Fite (7322) Logname: OSGRANT 07-08 Page 2 of 2