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

 TAGGED BY COUNCIL MEMBER GREEN

 This was Item 21 on Agenda of June 22, 2016

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.

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Neal Rackleff, Director

Roxanne Lawson

832.394.6282