City of Milwaukee - File #: R13539

• File #: R13539
• Version: 0
• Type: Housing Authority Resolution
• Status: Passed
• File created: 12/6/2024
• In control: HOUSING AUTHORITY
• On agenda: 12/11/2024
• Final action: 1/8/2025
• Title: Resolution approving HACM’s 2025 Fiscal Operating Budgets that include the Consolidated Budget, the Central Office Cost Center, the Section 8 Housing Choice Voucher Program, the Berryland, Northlawn, and Southlawn (unsubsidized affordable housing) developments, the Public Housing Program, and Low Income Housing Tax Credit Housing (Affordable Housing) Projects
• Sponsors: THE CHAIR

Date	Ver.	Action By	Action	Result	Tally
1/8/2025	0	HOUSING AUTHORITY
12/11/2024	0	HOUSING AUTHORITY	HELD IN COMMISSION; Minutes note: Fernando Aniban, HACM’s Assistant Secretary, Brad Leak, HACM’s Finance Director, and Pamela Watson, HACM’s Financial Analyst, addressed the Commissioners’ questions regarding the current budget amounts and when that information would be available. Commissioners requested that the Resident Advisory Board have an opportunity to review and comment on the 2025 Budget before approvals at the next Board meeting. Commissioners also requested that a copy of those comments be included with the agenda for the January Board meeting.	Pass	6:0

Number
13539

Version
Original

Reference

Sponsor
The Chair

Title
Resolution approving HACM’s 2025 Fiscal Operating Budgets that include the Consolidated Budget, the Central Office Cost Center, the Section 8 Housing Choice Voucher Program, the Berryland, Northlawn, and Southlawn (unsubsidized affordable housing) developments, the Public Housing Program, and Low Income Housing Tax Credit Housing (Affordable Housing) Projects

Analysis

Body
WHEREAS, the Secretary-Executive Director is required to submit annual operating budgets for the HACM’s Public Housing program, Section 8 Housing Choice Voucher program, Unsubsidized Affordable Housing program (aka Berryland, Northlawn and Southlawn developments), and Central Office Cost Center for approval by the board; and

WHEREAS, the Secretary-Executive Director is required by regulations promulgated by the U. S. Department of Housing and Urban Development to develop property-based budgets and funding allocations consistent with the requirements of the Final Rule 79FR 54983 published in the Federal Register on 9/19/2005 as amended by PIH Notice 2006-14(HA); and

WHEREAS, the Secretary-Executive Director recommends that a total budget of $63,572,907 be approved for Fiscal Year 2025 for the Public Housing Program; and

WHEREAS, the Secretary-Executive Director recommends that the property-based budgets for all Asset Management Property (AMP) groupings be approved; and

WHEREAS, the Housing Authority of the City of Milwaukee (HACM) administers the federally funded Section 8 Housing Choice Voucher Program which serves more than 7,000 families; and

WHEREAS, the Secretary-Executive Director recommends an administrative budget for the year 2025 of $5,769,751 for the Section 8 Housing Choice Voucher Program; and

WHEREAS, the Housing Authority of the City of Milwaukee owns and manages 980 rental units of Unsubsidized rental housing; and

WHEREAS, the Secretary-Executive Director has submitted a proposed operating b...