SomervilleMeetings

23-0272 Mayor's Request Approved

Requesting the appropriation of $1,847,374 from the Unreserved Fund Balance ("Free Cash") to the Affordable Housing Trust Fund Account for supplemental funding for the Municipal Voucher Program.

From
Mobility
Introduced
Feb 17, 2023
Assigned to
City Council
Enactment #
215012
View on Legistar

History

  1. Mar 15, 2023
    City Council Mayoral Approval
  2. Mar 9, 2023
    City Council Approved · roll call: pass Meeting agenda, item 6.C.16.
  3. Mar 7, 2023
    Finance Recommended to be approved · roll call: pass Meeting agenda, item 5.
  4. Feb 23, 2023
    City Council Referred for recommendation · roll call: pass

    Finance Committee

    Meeting agenda, item 7.4.

Official text

To the Honorable City Council: The Mayor respectfully requests that this Council appropriate $1,847,374.00 from the Unreserved Fund Balance ("Free Cash") to the Somerville Affordable Housing Trust Fund Account (Org: 36664), for the purpose of providing supplemental funding for the Municipal Voucher Program, a local long term rental assistance program to be initiated through ARPA funding. Appropriate staff will be available to address any questions you may have. Thank you for your consideration of this item. Respectfully Submitted, Katjana Ballantyne, Mayor