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Adopted FY 2017-18 Budget
BUDGET HIGHLIGHTS
This summary page is for information only and is not included as part of the total budget.
The totals listed are estimates only and they will be updated as soon as authorization is given by the Federal
Government for those funds.
PROGRAMS
2015-16
2016-17
2017-18
2018-19
Actual
Budget
Adopted
Projected
Appropriation
95,329
89,272
84,371
89,272
Full Time Equivalent Positions
N/A
N/A
N/A
N/A
Appropriation
1,303,516
923,449
859,344
923,449
Full Time Equivalent Positions
N/A
N/A
N/A
N/A
Departmental Goals & Objectives
PERFORMANCE MEASURES
2015-16
2016-17
2017-18
2018-19
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
36
25
40
40
Number of
single family units rehabilitated that are affordable to
households at or below 80% of area median income
4
2
0
0
Number of first time homebuyer households at or below 80% of
area median income assisted with downpayment assistance
9
20
0
0
2015-16
2016-17
2017-18
2018-19
Actual
Budget
Adopted
Projected
Expenditures:
Administration
95,329
89,272
84,371
89,272
Housing Activities
1,303,516
923,449
859,344
923,449
Total
1,398,845
1,012,721
943,715
1,012,721
Revenues:
Intergovernmental
1,311,189
892,721
843,715
892,721
Program Income
87,656
120,000
100,000
120,000
Total
1,398,845
1,012,721
943,715
1,012,721
Partner with public and private entities to finance and implement affordable housing programs.
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.