HomeMy WebLinkAboutMINUTES - 09291987 - 1.33 33
TO: BOARD OF SUPERVISORS
FROM: Harvey E. Bragdon Contra
Director of Community Development
rA.0a
DATE: September 17, 1987 CO^
SUBJECT: Execution of Contract between County and Shelter, Inc. for transfer of
Funds from Housing Revenue Bond Trust Funds for use in continued
implementation of Shelter Inc. ' s Housing Crisis Prevention Fund
Project
SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
Authorize the Chair and the Director of Community Development to
execute a contract between the County and Shelter Inc. for
$100, 000, in Housing Revenue Bond Trust Funds, for use in continued
implementation of the Shelter Inc. Housing Crisis Prevention Fund
Project.
BACKGROUND/REASONS FOR RECOMMENDATIONS
On August 11, 1987 the Board authorized the allocation of $100,000
from the Housing Revenue Bond Trust Fund to the Office of
Homelessness/Shelter Inc. The funds are to be used to further
implement Shelter Inc. ' s Housing Crisis Prevention Fund Project,
which provides loans to families experiencing problems securing
rental housing due to an inability to pay first and last month and
a security deposit. The contract specifies the terms under which
Shelter, Inc. will be able to utilize the funds. Of note, the
contract has made provision for the use of a portion of the
$100,000 for staff expenses. Current staff available to process
applications for assistance is insufficient to meet demands in a
timely fashion.
FISCAL IMPACT
While the $100,000 referenced above will be transferred to a
General Fund account, the monies are not ultimately derived from a
General Fund source. Shelter Inc. ' s Housing Crisis Prevention Fund
Project is intended to provide loan assistance, therefore funds are
expected to recycle for future use. Shelter, Inc. is also expected
to pursue additional matching funds pursuant to the Board' s
directive.
CONTINUED ON ATTACE39OU: YES SIGNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOPBUMATI OF BOr CO"E
APPROVE OTHER
SIGNATURE(S) :
ACTION OF BOARD ON 8 APPROVED AS RECOMMENDED OTHER
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A
UNANIMOUS (ABSENT �z^ ) TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE BOARD OF
SUPERVISORS ON THE DATE SHOWN.
cc: Coimnunity Development ATTESTED
County Administrators Office P IL BA .�LR�� _
OF
Shelter, Inc. THE BOARD OF SUPERVISORS
Auditor-Controller AND COUNTY ADMINISTRATOR
Housing Authority BY ( h�C�-L(�t'CP.US� , DEPUTY
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