ORDINANCE approving creation of Initiative to End Street Homelessness Fund with zero beginning fund balance to receive revenues from various sources; establishing sources and uses of funds therein for City’s Initiatives to End Street Homelessness; appropriating any and all funds received into the fund for purposes set out herein and authorizing expenditures consistent with the purpose thereof

ORDINANCE approving the creation of the Initiative to End Street Homelessness Fund (“The Fund”) with zero beginning fund balance. The Finance Department recommends the City Council approve the creation of a special revenue fund. Creation of a fund is needed to receive revenues from various sources to support the city's initiative to end street homelessness. 

Various sources of funding will include, but are not limited to the General Fund, County, State or Federal Funds, METRO, TIRZs, Management Districts, Philanthropic sources, corporate partners, and others.

Uses of the funding may include, but are not limited to:

• ENDING STREET HOMELESSNESS by moving all remaining individuals from encampments into housing with supportive services.
• DIVERSION AND REHOUSING HUBS by establishing hubs across the region to offer immediate support and services, facilitating a seamless transition from the streets to stable, permanent housing.
• RECLAIM PUBLIC SPACES by restoring public areas for community enjoyment and use, enhancing the quality of life for all.

Fiscal Note: No significant fiscal operating impact is anticipated as a result of this ordinance.

_______________________

Melissa Dubowski

Chief Business Officer / Director of Finance

William Bryant, Chief of Staff 

Finance Department

Phone: 832-393-4612