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Adopted FY 2016-17 Budget
BUDGET HIGHLIGHTS
This summary page is for information only and is not included as part of the total budget.
PROGRAMS
2014-15
2015-16
2016-17
2017-18
Actual
Budget
Adopted
Projected
Appropriation
88,659
71,053
82,632
82,632
Full Time Equivalent Positions
N/A
N/A
N/A
N/A
Appropriation
820,930
807,916
863,688
863,688
Full Time Equivalent Positions
N/A
N/A
N/A
N/A
Departmental Goals & Objectives
PERFORMANCE MEASURES
2014-15
2015-16
2016-17
2017-18
Actual
Budget
Adopted
Projected
Workload Measures
Number of rental housing units developed that are affordable to
households at or below 80% of area median income - includes new
construction and rehabilitation
55
100
100
100
Number of
single family units rehabilitated that are affordable to
households at or below 80% of area median income
5
2
20
20
Number of clients served through housing counciling and homebuyer
education services
151
120
120
120
Number of first time homebuyer households at or below 80% of area
median income assisted with downpayment assistance
12
20
20
20
2014-15
2015-16
2016-17
2017-18
Actual
Budget
Adopted
Projected
Expenditures:
Administration
88,659
71,053
89,272
89,272
Housing Activities
820,930
807,916
923,449
923,449
Total
909,589
878,969
946,320
946,320
Revenues:
Intergovernmental
836,363
710,534
826,320
826,320
Program Income
73,226
168,435
120,000
120,000
Total
909,589
878,969
946,320
946,320
Partner with public and private entities to finance and implement affordable housing programs.
Provide leadership in promoting sustainable development practices through neighborhood and area planning activities that result in clear visions and
strategies for the future.
HOME INVESTMENT FUND
Administration
Program Administration provides administrative direction and support services primarily for affordable housing development and maintenance. The
HOME Investment Fund (HIF) derives its revenue from a Federal grant program, the amount of which is based on a formula (entitlement) explicit in the
underlying Federal law and regulations. Additional revenues of the HIF are also derived from those programs within the fund that are income-
generating. The HIF is one of five operating funds utilized by the Neighborhood Development Department (NDD).
This Federal grant program provides funds for housing and closely associated housing purposes for low and very low income-eligible citizens.
Housing Activities
Affordable Housing: The budget allocates $624,496 in funding to support non-profit housing development and Community Development Housing
Organization operations.
Housing Rehabilitation: The budget allocates $100,000 to support city-wide homeowner housing rehabilitation.
Homebuyer Assistance: The budget allocates $100,000 to support homebuyer downpayment assistance.
Increase number of housing units rehabilitated or repaired that are affordable to owners or renters with low to moderate income.