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HomeMy WebLinkAboutMINUTES - 10221996 - C53 .O ' �+53 �L Contra TO: BOARD OF SUPERVISORS Costa �... FROM: Harvey E. Bragdon JP County Director of Community Development DATE: October 22 , 1996 SUBJECT: Request for Transfer of HOME Investment Partnership Act Funds SPECIFIC REQUESTS) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATIONS APPROVE and AUTHORIZE the Auditor-Controller to carry forward unexpended HOME Investment Partnership Act (HOME) funds totaling $312, 830 originally allocated to the FY 1995/96 HOME Housing Development Assistance Fund (HOME/HDAF) to the FY 1996/97 HOME/HDAF. FISCAL IMPACT No General Fund impact. HOME funds are provided to the Contra Costa Consortium by the U'. S. Department of Housing and Urban Development. BACKGROUND/REASONS FOR RECOMMENDATIONS The transfer of funds from the FY 1995/96 HOME/HDAF to the FY 1996/97 HOME/HDAF is necessary in order to consolidate funds for allocation in the current program year. The purpose of the FY 1996/97 HOME/HDAF is to provide resources to assist affordable housing projects which develop during FY. 1996/97 . CONTINUED ON ATTACHMENT: YES SIGNATURE: RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDAT \ OF BO D COMMITT E APPROVE OTHER SIGNATURE(S) : ACTION OF BOARD ON APPROVED AS RECOMMENDED OTHER VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A UNANIMOUS (ABSENT ) 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. Contact: Kathleen K. Hamm 335-1257 ATTESTED OCT 2 2 1996 cc : County Administrator PHIL BATCHELOR, CLERK OF County Counsel THE BOARD OF SUPERVISORS Auditor-Controller (N. Garnett) AND COUNTY ADMINISTRATOR Community Development kh/k14/HDAF BY , DEPUTY