Agenda Packet_2022-12-06 - Laserfiche WebLink

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New Vouchers and Administrative Fee Funding for the Housing Choice Voucher Program December 6, 2022 Page 3 then made $150 million available for new Mainstream vouchers through PIH Notice 2020-22: Mainstream Vouchers — Non -Competitive Opportunity for Additional Vouchers Authorized by the CARES Act. On July 14, 2022, the Housing Authority submitted an application for extraordinary administrative fees to administer our unleased Mainstream Program vouchers as we prevent, prepare for, and respond to the COVID-19 pandemic, and on August 24, 2022, the Housing Authority received an award of $115,500 in Extraordinary Administrative Fee Funding (Exhibit 3). With these one-time funds, staff will return to City Council to recommend approval of an agreement with a nonprofit organization to administer these funds on behalf of the Housing Authority. The organization will conduct extensive landlord outreach in the private market and provide landlord incentives to increase the availability of rental units and decrease the time involved in the search for an eligible and affordable unit for Mainstream voucher holders. The organization will also provide housing navigators to connect landlords to clients through housing navigation services, and facilitate the lease -up process while ensuring wrap -around service case management services are in place afterwards for the tenants. FISCAL IMPACT Appropriation adjustments will recognize a total of $1,000,220 in HAP revenue account, for 38 new vouchers and 25 new Foster Youth to Independence vouchers. Additionally, $28,500 will be added in Special Administrative Fees and $115,500 will be added in the Mainstream Program Voucher Administrative revenue accounts for the following expenditures: Fiscal Year Accounting Unit- Fund Description Accounting Unit, Amount Account Account Description FY 22-23 13618760-69158 HOUSING AAUPTHORITY- Housing Assist Pmt $623,708 FY 22-23 14018760-various HOUSING AUTHORITY- Administrative funds $28,500 VOUCHERS ADM FY 22-23 13618760-69169 HOUSING AUTHORITY- Foster Youth $376,512 HAP Independence TPV FY 22-23 13918780-various HOUSING AUTHORITY - Administrative funds $115,500 Mainstream 5 Total Expenditures $1,144,220 The expenditure -spending plan is only an estimate and is subject to change. EXHIBIT(S) 1. HUD Award Letter dated September 23, 2022 2. HUD Award Letter dated September 23, 2022 3. HUD Award Letter dated July 29, 2022 City Council 10 — 3 12/6/2022