REPORT TO THE CITY COUNCIL
FROM: SANTINO DANISI, MBA, City Controller/Finance Director
Finance Department
BY: COURTNEY ESPINOZA, Business Manager
Finance Department, Grants Management Unit
SUBJECT
Title
***RESOLUTION - Adopting the 29th amendment to the Annual Appropriations Resolution (AAR) No. 2022-154 appropriating $2,032,000 for ERAP (Requires 5 Affirmative votes) (Subject to Mayor's veto)
Body
RECOMMENDATION
Staff recommends Council approve the 29th amendment to the Annual Appropriations Resolution 2022-154 appropriating an additional $2,032,000 in ERAP revenue from the State of California.
EXECUTIVE SUMMARY
Staff recommends Council approve the 29th amendment to the Annual Appropriations Resolution 2022-154 appropriating an additional $2,032,000 in ERAP revenue from the State of California.
BACKGROUND
In 2021, The City of Fresno (City) was awarded Emergency Rental Assistant Program (ERAP) funding from a direct allocation from US Treasury and in the form of a block grant from the State of California's Housing and Community Development (HCD). Originally the City was notified that the total amount would be $67.2M for the entire ERA program. Of this funding the City received several tranches throughout the course of two years. In November 2022, the City received the final tranche of revenue totaling $8,895,745.54, approximately $2,031,942.56 over the original allocated amount. The additional funding is allowing the program to continue longer than originally anticipated.
On February 6, 2023, a tray memo was released to Council reporting the progress of ERAP to date and referenced the additional funding that was received from the State of California. In order to distribute this funding to tenants and landlords that qualify for the program, the revenue must be appropriated during FY 2023.
ENVIRONMENTAL FINDING
This approval is not a project for the purposes of CEQA Guidelines Section 15378
LOCAL PREFERENCE
Local preference was not implemente...
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