SomervilleMeetings

24-0835 Mayor's Request Approved

Requesting the appropriation of $2,000,000 from the Unreserved Fund Balance ("Free Cash") to the Affordable Housing Trust Fund to support flexible rental assistance programs.

Introduced
May 26, 2024
Assigned to
City Council
Enactment #
217294
View on Legistar

History

  1. Jun 25, 2024
    City Council Mayoral Approval
  2. Jun 20, 2024
    City Council Approved · roll call: pass Meeting agenda, item 6.H.22.
  3. Jun 18, 2024
    Finance Recommended to be discharged with no recommendation Meeting agenda, item 16.
  4. May 30, 2024
    City Council Referred for recommendation Meeting agenda, item 10.3.

Official text

To the Honorable City Council: The Mayor respectfully requests that this Council appropriate $2,000,000 from the Unreserved Fund Balance ("Free Cash") to the Affordable Housing Trust Fund for support of Flexible Rental Assistance Programs. 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