Sponsor: Mayor Pro-Tem Ryana Parks-Shaw COMMITTEE SUBSTITUTE Directing the City Manager to establish an Employee Homeownership Assistance Program (“the Program”); appropriating $750,000.00 from the Unappropriated Fund Balance of the Development Services Fund; authorizing the Director of the Housing and Community Development Department to execute necessary contracts and expend up to $750,000.00 from funds appropriated in the Development Services Fund; directing the City Manager to report back to the Council in one year; and recognizing this ordinance to have an accelerated effective date.

What this record is

Amount

$750K

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

contract

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Read automatically from the title of the official record. The source document below is authoritative.

Committee

Council

Introduced

March 7, 2024

On agenda

March 21, 2024

Passed

March 21, 2024

Where it was heard

Council Mar 21, 2024 Passed as Substituted Pass Finance, Governance and Public Safety Committee Mar 20, 2024 Adv and Do Pass as Cmte Sub Council Mar 7, 2024 referred

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