Number
R13014
Version
Original
Reference
Sponsor
The Chair
Title
Motion to approve the proposed 2019 schedule for the Board of Commissioners of the Housing Authority of the City of Milwaukee
Analysis
Body
WHEREAS, the Secretary-Executive Director is required to submit an annual operating budgets for the HACM’s Low Rent Public Housing program, Section 8 Housing Choice Voucher program, Non-subsidized Affordable Housing program (aka Berryland, Northlawn and Southlawn developments), and Central Office Cost Center for approval by the board; and
WHEREAS, the Housing Authority of the City of Milwaukee owns and manages 2,752 rental units under the federally-funded low rent public housing program; 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 $19,789,101 including the extraordinary maintenance items of $1,478,400 be approved for Fiscal Year 2019; 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 6,200 families; and
WHEREAS, the Secretary-Executive Director recommends an administrative budget for the year 2019 of $3,537,082 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 non-subsidized rental housing; and
WHEREAS, the Secretary-Executive Director has submitted a proposed operating budget of $6,430,338 (including d...
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