ORDINANCE approving and authorizing substantial amendments to the Neighborhood Stabilization Program NSP1 and NSP3 Grant Applications/Budgets, authorized pursuant to City of Houston Ordinance Nos. 2008-1051, as amended, and 2011-134, as amended, respectively DISTRICTS B - DAVIS; D - BOYKINS; F - LE; H - CISNEROS; I - GALLEGOS and K - GREEN

In accordance with HUD’s Citizen’s Participation Plan (CPP) regulations, the City is required to amend components of its Consolidated Plan/Annual Action Plan or grants for a variety of reasons, including when a reallocation of funds increases or decreases the budget of an activity by more than 25%, when a new activity is added, and when the scope of an activity changes.

(1)   Budget Increases/Decreases

a.      We are recognizing and allocating the unscheduled Program Income for NSP1 ($119,114.56) and for NSP3 ($383,316.57) received from 10/31/2014 through 3/31/2016.

Changes to the affected budgets are necessary to allocate funds.

This item was reviewed by the Housing and Community Affairs Committee on May 24, 2016.  A public notice describing this action ran from Monday, 4/18/2016 through Tuesday, 5/3/2016.

_________________________________________

Neal Rackleff, Director

Roxanne Lawson

832.394.6282