City of Milwaukee - File #: 240974

• File #: 240974
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 10/15/2024
• In control: COMMON COUNCIL
• Final action: 10/15/2024
• Title: Resolution relating to the reallocation and expenditure of $2,704 of American Rescue Plan Act funds for the Concordia 27 Development.
• Sponsors: ALD. PEREZ, ALD. DIMITRIJEVIC, ALD. BURGELIS, ALD. BROSTOFF, ALD. TAYLOR, ALD. MOORE, ALD. ZAMARRIPA
• Indexes: FEDERAL GRANTS, FEDERAL LEGISLATION, HOUSING

Date	Ver.	Action By	Action	Result	Tally
10/24/2024	0	MAYOR	SIGNED
10/15/2024	0	COMMON COUNCIL	ADOPTED; Minutes note: This file was divided from Common Council File Number 240864.	Pass	12:3

Number
240974
Version
ORIGINAL
Reference
240360, 240864
Sponsor
ALD. PEREZ, DIMITRIJEVIC, BURGELIS, BROSTOFF, TAYLOR, MOORE AND ZAMARRIPA
Title
Resolution relating to the reallocation and expenditure of $2,704 of American Rescue Plan Act funds for the Concordia 27 Development.
Analysis
This resolution reallocates $2,704 of American Rescue Plan Act funds that were identified by the City’s ARPA Director as expected to be available for reprogramming before the end of 2024 to the Department of Administration - Community Development Grants Administration and authorizes their expenditure for the Concordia 27 development.
Body
Whereas, In a memo to the Finance and Personnel Committee dated September 18, 2024 and attached to Common Council File Number 240360, the City’s American Rescue Plan Act Director identified $902,704 of ARPA funding that was expected to be available for reprogramming before the end of 2024; and

Whereas, ARPA funding must be under contract by December 31, 2024 and fully spent by December 31, 2026; and

Whereas, Concordia 27 is a development on the Near West Side that will provide affordable housing units, health and wellness services, and workforce training opportunities; and

Whereas, Concordia 27 is the culmination of a vision that residents, stakeholders and businesses have been working toward since 2015 ; and

Whereas, The reallocation of $2,704 of the $902,704 for Concordia 27 was originally part of Common Council File Number 240864; and

Whereas, At the October 15, 2024 Common Council meeting, this reallocation was divided from Common Council File Number 240864; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that $2,704,of American Rescue Plan Act allocations identified in the ARPA Director’s September 18, 2024 memo, which identified funds available for reprogramming, are rescinded and reallocated to the Department of Administra...