Number
240222
Version
ORIGINAL
Reference
210894, 220703, 231868
Sponsor
ALD.BAUMAN
Title
Resolution to reallocate American Rescue Plan Act funds from the Environmental Collaboration Office Modular Housing Program to the Department of City Development affordable housing programs.
Analysis
This resolution directs the Department of Administration to reallocate the remaining unspent and unencumbered amount of American Rescue Plan Act funds within the Environmental Collaboration Office Modular Housing program, which totaled $894,810 as of May 10, 2024, to the Department of City Development affordable housing programs.
Body
Whereas, The City of Milwaukee is committed to expanding all residents’ access to affordable, quality housing;
Whereas, Common Council File Number (CCFN) 210894, adopted October 21, 2021, appropriated $43,500,000 of the City’s first tranche of American Rescue Plan Act (ARPA) funds for affordable housing; and
Whereas, Exhibit A and the “Finance & Personnel Committee 2021 ARPA Proposal Recommendations (Yellow Packet) Revised” attachment of CCFN 210894 described how the City’s appropriation would include $4,500,000 for Department of City Development (DCD) affordable housing activities, as well as $1,000,000 for the Modular Housing Program administered by the Environmental Collaboration Office (ECO); and
Whereas, Common Council File Number 220703, adopted November 22, 2022, appropriated $4,700,000 from the City’s second tranche of ARPA funds for affordable housing and housing support projects, including $1,500,000 for ongoing DCD programs; and
Whereas, Federal guidelines from the U.S. Department of Treasury require that the City of Milwaukee: expend ARPA funds directly by December 31, 2024; and/or have ARPA funds under firm or fixed-price contracts by December 31, 2024 in order to expend them indirectly by December 31, 2026; and
Whereas, Common Council File Number 231868, held to the call of the Chair at the Finance and Personnel Com...
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