Item Coversheet

ASSEMBLY AGENDA/MANAGER'S REPORT
THE CITY AND BOROUGH OF JUNEAU, ALASKA

PUBLIC HEARING, Resolution 2934: An Emergency Appropriation Resolution Appropriating up to $2,000,000 to the COVID-19 Housing Assistance Grant Program; Funding Provided by the CARES Act Special Revenue Fund.

MANAGER'S REPORT:

In light of the deappropriation action taken at tonight’s meeting, the Assembly has financial capacity to approve a supplemental appropriation for the Housing Assistance Program. If federal legislation extends the December 30 CARES Act deadline, then the Grant Administrator likely has capacity to process a supplemental appropriation.

Approximately 3000 people have applied for this program, and the existing $3M appropriation is likely to provide grants to 1049 applicants. With every additional $100,000, approximately 39 more applicants receive a grant. Staff has proposed a supplemental appropriation of $1.2M, which would provide grants for about 468 more households.

RECOMMENDATION:

The Assembly should make this appropriation in accordance with its determination on community needs.

ATTACHMENTS:
DescriptionUpload DateType
EAR 293412/21/2020Resolution