Agenda 11/09/2021 Item #16D 3 (Budget Amendment - HOME Investment Partnership Program)11/09/2021
EXECUTIVE SUMMARY
Recommendation to authorize a Budget Amendment recognizing $3,157.43 in revenue received
under the HOME Investment Partnership Program. (Net fiscal Impact of $3,157.43)
OBJECTIVE: To accurately account for program income generated from HOME-related activities or
matching contributions.
CONSIDERATIONS: Collier County is the recipient of HOME Investment Partnership Program
(HOME) funds from the United States Department of Housing and Urban Development (HUD) as
provided by the Cranston-Gonzalez National Affordable Housing Act. HOME funds may be used to
provide incentives to develop and support affordable rental housing and homeownership affordability.
On June 23, 2020 (Agenda Item #16D17), an estimated amount of $28,414 was recognized in H OME as
program income. The actual amount received is $31,571.43, a difference of $3,157.43. Per 24 CFR 92.2
Program Income is defined as gross income received by the participating jurisdiction which is directly
from the use of HOME funds or matching funds. The Program Income of $31,571.43 is an annual loan
payment from State Housing Incentive (SHIP) loan, that has been used as HOME match.
This revenue will be used in compliance with HOME federal grant regulations and will fund eligible
HOME activities pursuant to 24 CFR 92.503(a).
Revenue received:
Type of Revenue HOME Budget
Amendment 06/23/20
Actual HOME
Receipt
Difference
Program Income $28,414 $31,571.43 $3,157.43
Pursuant to 24 CFR 92.503(a), ten percent (10%) of program income may be used to support
administration activities.
FISCAL IMPACT: A Budget Amendment is necessary to recognize Program Income in the amount of
$3,157.43 within Urban Improvement Grants Fund (705), Project Number 33688. Such funds may be
reused for other eligible HOME activities.
LEGAL CONSIDERATIONS: This item is approved for form and legality and requires a majority vote
for Board action. -JAB
GROWTH MANAGEMENT IMPACT: Acceptance and implementation of this Budget Amendment
will further the Goals, Objectives, and Policies within the Housing Element of the Growth Management
Plan.
RECOMMENDATION: To authorize a Budget Amendment recognizing $3,157.43 in revenue received
under the HOME Investment Partnership Program.
Prepared By: Leslie Davis, Grants Accountant, Community and Human Services Division
ATTACHMENT(S)
1. SAP HOME $3,157.43 11.09.21 (PDF)
16.D.3
Packet Pg. 980
11/09/2021
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.D.3
Doc ID: 20211
Item Summary: Recommendation to authorize a Budget Amendment recognizing $3,157.43 in
revenue received under the HOME Investment Partnership Program.
Meeting Date: 11/09/2021
Prepared by:
Title: Accountant – Community & Human Services
Name: Leslie Davis
09/29/2021 3:59 PM
Submitted by:
Title: Manager - Federal/State Grants Operation – Community & Human Services
Name: Kristi Sonntag
09/29/2021 3:59 PM
Approved By:
Review:
Community & Human Services Tami Bailey Additional Reviewer Completed 09/30/2021 2:40 PM
Community & Human Services Maggie Lopez Additional Reviewer Completed 10/01/2021 9:31 AM
Community & Human Services Blanca Aquino Luque Additional Reviewer Completed 10/05/2021 11:28 AM
Community & Human Services Kristi Sonntag CHS Review Completed 10/05/2021 2:39 PM
Community & Human Services Leslie Davis Additional Reviewer Skipped 10/07/2021 8:56 AM
Operations & Veteran Services Kimberley Grant Additional Reviewer Completed 10/07/2021 2:12 PM
Public Services Department Todd Henry Public Services Department Completed 10/07/2021 3:01 PM
Public Services Department Dan Rodriguez PSD Department Head Completed 10/11/2021 1:07 PM
County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 10/11/2021 4:16 PM
Grants Erica Robinson Level 2 Grants Review Completed 10/20/2021 11:23 AM
County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 10/20/2021 11:44 AM
Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 10/21/2021 9:08 AM
Grants Therese Stanley Additional Reviewer Completed 10/24/2021 9:50 AM
Growth Management Operations Support Christopher Johnson Additional Reviewer Completed 10/25/2021 9:26 AM
County Manager's Office Sean Callahan Level 4 County Manager Review Completed 11/01/2021 11:18 AM
Board of County Commissioners Geoffrey Willig Meeting Pending 11/09/2021 9:00 AM
16.D.3
Packet Pg. 981
16.D.3.aPacket Pg. 982Attachment: SAP HOME $3,157.43 11.09.21 (20211 : HOME Additional Program Income 20/21)