Number
211497
Version
SUBSTITUTE 1
Reference
Sponsor
CHAIR
Title
Substitute resolution relative to the funding of the year 2021 reallocated United States Department of Treasury (USDT) Reallocated Emergency Rent Assistance Funds.
Analysis
This resolution authorizes the Department of Administration’s Community Development Grants Administration (CDGA) to allocate, the Emergency Rent Assistance 1 Funds from the USDT.
Body
Whereas, The City of Milwaukee is eligible to receive funds from the United States Department of the Treasury pursuant to Title V, Section 501of the Consolidated Appropriations Act, 2021 (“The Act”) to be used for the purposes specified in The Act; and
Whereas, The City desires to expend a portion of the funds received under The Act for the purpose of providing rental and utility assistance to certain low-income residents of the City of Milwaukee affected by the Covid-19 pandemic; and
Whereas, The operations of this grant project from 9/1/21 through 12/29/22 would cost $61,000,000 which will be provided as the grantor share; and
Whereas, The Social Development Corporation, is the desired service provider on this grant and the agency responsible for project implementation; to receive up to a $61,000,000 grant award; now therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the Community Development Grants Administration (CDGA) is hereby authorized to allocate a funding award to Social Development Corporation; and, be it
Further Resolved, That the City of Milwaukee assures and certifies that it will comply with the regulations, policies guidelines and requirements with respect to the acceptance and use of the 2021 United States Department of the Treasury (USDT) reallocated funds from the Emergency Rent Assistance Program; and, be it
Further Resolved, That the Subrecipient organizations shall submit budget and activity reports in amounts and according to any conditions approved by the Common Council and in accordance with File Number 74-92-5v, to the Community Development Grants Administration and the City Comptroller for review and approval; and, be it
Further Resolved, That payments for all USDT- Emergency Rent Assistance costs incurred shall be paid in accordance with approval by the Community Development Grants Administration and the City Comptroller; and, be it
Further Resolved, that should the USDT impose cuts in funding, the Mayor and the Community & Economic Development Committee shall have the authority to amend any or all projects proposed in this resolution; and, be it
Further Resolved, that should there be a delay in the Funding Approval and Grant Agreement from the USDT, the Community Development Grants Administration is authorized under CCFN 901873, adopted on March 5, 1991, to request the use of City funds for 2021 USDT-Emergency Rent Assistance costs and activities through revenue anticipation note (RAN) authority identified in the annual City budget.
Further Resolved, That except as modified by this resolution, the guidelines for handling the Community Development Block Grant Program set forth in Common council File Number 74-92-5v are fully applicable to the 2021 Community Development Entitlement Funding Program.
Requestor
Drafter
CDGA-USDT-FUNDING-ERA- 21
Steve Mahan/Mario Higgins
01/20/22
Technical correction made on 1/27/22 -- "rental assistance 2" changed to "rental assistance 1"