Title
Dept/ Agency: Administration/Office of Management & Budget
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Temporary Emergency Appropriation
Purpose: HOME Investment Partnership Act Program (HOME) (City-wide)
Funding Source: United States Department of Housing and Urban Development
Appropriation Amount: $1,799,805.00
Budget Year: 2014
Contract Period: September 1, 2013 through August 31, 2014
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale (X) Grant ( ) Sub-recipient ( ) n/a
Additional Information:
Funds accepted by Resolution 7R1-j dated September 18, 2013
Operating Agency: Department of Economic & Housing Development
Two-Thirds vote of full membership required.
body
TE #19
WHEREAS, an emergency has arisen in Special Item of Appropriation in the amount of $1,799,805.00 for HOME Investment Partnership Program and no adequate provision has been made in the 2014 Temporary Budget for the aforesaid purpose; and
WHEREAS, on September 18, 2013 through Resolution 7R1-j, the Municipal Council authorized the Mayor and Business Administrator to enter into four separate agreements with HUD to receive and expend FY 2013 Community Development Block Grant funds in the amount of $6,752,671.00, HOME funds in the amount $1,799,805.00, Housing Opportunities for People with AIDS (HOPWA) in the amount of $6,419,016.00 (on behalf of Newark and the "Eligible Metropolitan Area"), and Emergency Solutions Grant funds in the amount of $483,211.00; and
WHEREAS, N.J.S.A 40A:4-20 provides that the Governing Body by a two-thirds vote may make temporary emergency appropriations for any purpose for which appropriations may lawfully be made for the period between the beginning of the current fiscal year and the date of the adoption of the budget for said year; and
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