Number
091404
Version
ORIGINAL
Reference
Sponsor
ALD. MURPHY
Title
Resolution relating to the inclusion of the City of Milwaukee Housing Trust Fund as a participating recipient of donations in future City UPAF/Visions and Combined Giving campaigns.
Analysis
This resolution adds the City’s Housing Trust Fund to the list of organizations and funds that are participating recipients of donations in the City’s future UPAF/Visions and Combined Giving campaigns.
Body
Whereas, The United Performing Arts Fund(UPAF) raises and allocates funds to 36 member and affiliate performing arts grounds through an annual, community-wide fundraising campaign; and
Whereas, The UPAF/Visions campaign is a workplace-giving program that raises funds from City of Milwaukee employees for both UPAF and various other non-profit entities (Visions organizations) that work to improve the quality of life in the Milwaukee community in such areas as education, culture, recreation and the environment; and
Whereas, The City’s Combined Giving Campaign is an annual fund drive in which City employees pool their resources to improve the quality of life in the Milwaukee community by contributing to umbrella groups of local nonprofit agencies, individual agencies within those umbrella groups, various designated unaffiliated agencies or other qualified 501(c)(3) nonprofit organizations that provide health or human services in Wisconsin; and
Whereas, The City’s Housing Trust Fund was created in 2006 to provide financial support to developers and governmental entities in the acquisition, construction, rehabilitation and modification of affordable and accessible housing for low-income households, including households that are homeless or at risk of becoming homeless, and to finance support services that assist low-income households in obtaining and maintaining affordable housing; and
Whereas, Since its creation, the Housing Trust Fund has awarded funding for the construction or rehabilitation of over 270 affordable housing units in Milwaukee; and
Whereas, To date, the Housing Trust Fund has been funded by allocations of capital borrowing or general tax levy funding in the annual City budget, thereby subjecting the Fund to the City’s increasingly tight fiscal constraints and limited financial resources; and
Whereas, The inclusion of the Housing Trust Fund as a participating recipient in the UPAF/Visions and Combined Giving campaigns would create new funding sources for the much-needed affordable housing projects supported by the Fund; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the proper City officials are directed to take the actions necessary to ensure that the City of Milwaukee Housing Trust Fund is included as a participating recipient of donations in future UPAF/Visions campaigns; and, be it
Further Resolved, That the second “Further Resolved” clause of Common Council Resolution File Number 090393 is repealed and recreated to read:
“Further Resolved, That the Police Officers Support Team, Inc., the United Negro College Fund and the City of Milwaukee Housing Trust Fund are also eligible for donations through the City of Milwaukee Combined Giving Campaign; and, be it”
Requestor
Drafter
LRB10053-1
JDO
02/05/2010