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GARLAND
POLICY REPORT
Work Session Item 3.b.
City Council Work Session Agenda
Meeting Date:
02/06/2023
Item Title:
Garland Housing Finance Corporation Disbursement Agreement
Submitted By:
Becky King
Strategic Focus Areas
:
Vibrant Neighborhoods and Commercial Centers
ISSUE
Council is asked to consider acceptance of a $400,000 grant from the Garland Housing Finance Corporation (GHFC) to continue the GHFC Addressing Garland Partnership Program with the City of Garland and to authorize the City Manager to sign and execute a disbursement agreement for deployment of these funds. Unless otherwise directed by Council, this item will be scheduled for formal approval consideration at the February 21, 2023 Regular Meeting.
OPTIONS
1. Accept the GHFC grant funds and authorize the City Manager to sign and execute the disbursement agreement, or
2. Decline the GHFC grant funds.
RECOMMENDATION
Staff recommends acceptance of the 2023 GHFC Addressing Garland Partnership Program grant funds to enable the continuation of the GHFC Repair Partnership Program and the GHFC Exterior Repair Partnership Program, which benefit low-income, senior, and Veteran residents of Garland.
BACKGROUND
In 2023, the GHFC is offering a $400,000 grant to the City of Garland to continue a partnership program to assist homeowners with improving their properties. The 2023 grant provides $350,000 for minor and substantial home repairs and $50,000 for exterior repairs, with up to fifteen percent (15%) of these funds available to cover salary and administrative expenses. The GHFC Repair Partnership Program augments the City of Garland's existing Home Repair Program, which is funded annually by HUD for emergency repairs and major rehabs. The GHFC Exterior Repair Partnership Program provides financial assistance to low income residents for qualifying exterior repairs, with particular emphasis on correcting code violations on their property.
The GHFC grant programs are administered by the Community Development Department, with support from the Office of Neighborhood Vitality and the Code Compliance departments. In 2022, the GHFC offered $350,000 through its Addressing Garland Partnership Program grant to the City of Garland. To date, 100% of these funds have been spent or committed to projects, including 43 approved applications for minor or substantial home repairs and 14 approved applications for the exterior repairs program.
Attachments
GHFC Disbursement Agreement
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