SEATTLE CITY COUNCIL - Record No: CB 118968

• Record No: CB 118968
• Version: 1
• Council Bill No: CB 118968
• Type: Ordinance (Ord)
• Status: Passed
• Current Controlling Legislative Body: City Clerk
• On agenda: 5/30/2017
• Ordinance No: Ord 125320
• Title: AN ORDINANCE relating to the use of federal HOME Investment Partnerships Program funds; amending the 2013 Consolidated Plan annual action plan to reallocate funds out of homebuyer activities into rental housing activities.
• Sponsors: Tim Burgess
• Supporting documents: 1. Summary and Fiscal Note, 2. Human Services Department Memo, 3. Signed Ordinance 125320, 4. Affidavit of Publication

Date	Ver.	Action By	Action	Result
6/1/2017	1	City Clerk	attested by City Clerk
6/1/2017	1	Mayor	returned
6/1/2017	1	Mayor	Signed
5/31/2017	1	City Clerk	submitted for Mayor's signature
5/30/2017	1	City Council	passed	Pass
5/26/2017	1	Affordable Housing, Neighborhoods, and Finance Committee	pass	Pass
5/17/2017	1	Affordable Housing, Neighborhoods, and Finance Committee	discussed
5/8/2017	1	City Council	referred
5/5/2017	1	Council President's Office	sent for review
5/2/2017	1	City Clerk	sent for review
5/2/2017	1	Mayor	Mayor's leg transmitted to Council

CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
title
AN ORDINANCE relating to the use of federal HOME Investment Partnerships Program funds; amending the 2013 Consolidated Plan annual action plan to reallocate funds out of homebuyer activities into rental housing activities.
body
WHEREAS, the 2013 Annual Action Plan component of the City's 2009-2012 Consolidated Plan for Housing and Community Development, as adopted by Ordinance 124055, included $220,015 in HOME Investment Partnerships funds for homebuyer activities; and
WHEREAS, there is an accumulation of under-expended funds from prior years amounting to $495,848 in HOME Investment Partnerships funds; and
WHEREAS, these funds have not been fully expended and the Office of Housing has determined that a more timely and effective use of the unexpended funds is in rental housing preservation and development activities; NOW, THEREFORE,
BE IT ORDAINED BY THE CITY OF SEATTLE AS FOLLOWS:
Section 1. The 2013 Annual Action Plan component of the City's 2009-2012 Consolidated Plan for Housing and Community Development, as adopted by Ordinance 124055, is amended to decrease the HOME Investment Partnerships Program funding for the Homebuyer Program activity by $220,015, to allocate $495,848 of under-expended funds from prior years, and to increase the HOME Investment Partnerships Program funding for the Rental Housing Preservation and Development activity by $715,863.
Section 2. The Director of the Human Services Department is authorized to make any conforming changes that may be necessary to other portions of the affected consolidated plans and annual action plans to reflect the changes adopted in this ordinance and to provide any formal submittals to the United States Department of Housing and Urban Development to effectuate the changes adopted in this ordinance.
Section 3. This ordinance shall take effect and be in force 30 days after its approval by the Mayor, but if not ...