File #: 21-337    Version: 1 Name:
Type: Approval Request / Regular Agenda Status: Passed
File created: 3/4/2021 In control: City Commission
On agenda: 3/23/2021 Final action: 3/23/2021
Title: Approval of a budget adjustment in the amount of $2,899,369 to provide for the construction of 11 homes for the Affordable Housing Trust Fund Program (Fiscal Impact: $2,899,369)
Attachments: 1. 3.17.2021 Memo-Budget Adjust Request for AHT Accountssedits.pdf, 2. Exhibit A – AHT Cash Flow & Pipeline.pdf, 3. Budget for Rehab of AHT Properties.pdf

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Approval of a budget adjustment in the amount of $2,899,369 to provide for the construction of 11 homes for the Affordable Housing Trust Fund Program

(Fiscal Impact: $2,899,369)

 

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(Staff Contact: Andrew Jean-Pierre/Miriam Carrillo)

 

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Summary Explanation/Background:

See attached memorandum.

 

Origin of request for this action: Finance

Fiscal impact and source of funding: $2,899,369 from projected program income with the attached budget adjustment.

 

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