Agenda No. 5.
CITY COUNCIL MEMORANDUM
| City Council Meeting: | September 3, 2024 |
| Department: | Executive Team |
| Subject: | Resolution 24-R-117 - Authorizing an Interlocal Agreement with the Schertz Housing Authority to provide funding. (S.Williams/B.James) |
BACKGROUND
The Schertz Housing Authority administers housing assistance programs for families and individuals in need in the community. For a number of years the City has provided financial assistance in the amount of $5,000 annually to the Schertz Housing Authority in light of rising housing costs and the growing population. The Schertz Housing Authority provides a critical public service in providing housing assistance, including operating a number of housing complexes and administering housing voucher programs in the area. Without the Schertz Housing Authority providing this service, many residents in need would not have local access to housing assistance.The current funding agreement expires on September 30, 2024. Staff is seeking Council authorization to extend the agreement for one more year with the option to renew for an additional 4 years unless it is terminated.
GOAL
Assist Schertz residents in need of quality affordable housing by providing financial support to the Schertz Housing Authority.
COMMUNITY BENEFIT
Healthier citizens as a result of quality housing.
SUMMARY OF RECOMMENDED ACTION
Approval of Resolution 24-R-117 authorizing an ILA with the Schertz Housing Authority to provide $5,000 annually to aid them in providing quality affordable housing to the residents of Schertz. This funding will assist them in continuing to operate and provide services. The term of the ILA is for one year (FY 24-25) but allows for its renewal for four (4) additional one year terms. Funding is provided as part of the City's annual budget.
FISCAL IMPACT
$5,000 annually that is appropriated through the City's annual budget.
RECOMMENDATION
Approval of Resolution 24-R-117.