HomeMy WebLinkAboutII. B. FY 2024- 25 RESOURCE MANAGEMENT PLAN( BUDGET) 3. HOUSING AND NEIGHBORHOOD PRESERVATION 4.23.24FY 2024-25
Proposed Budget
Ruth D. Hill
Housing & Neighborhood Preservation
4/23/2024
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Organization Summary
Total FTEs Number of Divisions Total FY 2024-25 Budget
93.00 5 $46,754,638
Total FTEs Division Total FY 2024-25 Budget
9 Director’s Office $3,761,191
22 Rental Housing $29,884,294
6 Housing Development $3,104,042
26 Homeless Services $6,632,364
30 Code Enforcement $3,372,747
93 Five Total Divisions $46,754,638
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FY 2024-25 Programmatic Budget
Rental Housing , $29,884,294 ,
64%Housing Development, $3,104,042 ,
7%
Director's Office, $3,761,191 ,
8%
Code Enforcement, $3,372,747 ,
7%
Homeless Services, $6,632,364 ,
14%
PROPOSED
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FY 2024-25 Budget by Revenue Source
Federal Section 8 Program,
$25,790,845 , 67%
State Revenue,
$1,457,690 , 4%
Other Federal Revenue,
$7,667,993 , 20%
Charges for Services,
$2,775,000 , 7%
Miscellaneous Revenue,
$150,000 , 0%
Transfers In,
$511,513 , 1%Reserves, $305,720 , 1%
PROPOSED
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Department Operating Budget
Program FY 2023-24
Amended
FY 2023-24
FTE
FY 2024-25
Proposed
FY 2024-25
FTE Change ($)Change (%)
General Fund $7,600,449 49.17 $8,515,877 49.58 $915,428 12.04%
Housing Choice Voucher
Program Fund $27,198,094 22.10 $28,527,565 23.18 $1,329,471 4.89%
State Rental Assistance
Program Fund $1,244,748 1.00 $1,457,690 .38 $212,942 17.11%
Consolidated Grants Fund $3,285,055 1.30 $3,284,274 1.20 ($781)-0.02%
Federal Housing Assistance
Fund $1,234,149 1.22 $1,249,150 .70 $15,001 1.22%
Community Development
Grant Fund $2,628,644 19.21 $3,720,082 17.96 $1,091,438 41.52%
Total $43,191,139 94 $46,754,638 93 $3,563,499 8.25%
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Major Changes & Initiatives
Trends and Issues Impacting the
Department:
•Housing instability – 1/3 of the city is
now housing cost-burdened
•Increased need for funds to address
homelessness
•Need for additional affordable housing
and the preservation of existing units
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Major Changes & Initiatives
Major Budget Changes:
•Operational cost increase due to
addition of 32 shelter beds at
the Housing Resource Center
•Commitment of ongoing funds
for City-funded Owner-Occupied
Rehabilitation Program
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Initiatives Underway & Conclusion
•Housing Study: Completed and working through initial staff
recommendations for City Council adoption at a later date.
•Community of One: All In, strategic plan to address homelessness: Drafted
and pending Council approval.
•City ARPA Emergency Housing Vouchers: All 65 vouchers have been issued
and are assisting households.
•CDBG/HOME/ESG/HOPWA Funding: Awaiting award amounts from HUD;
adjustment to actuals will be needed once received.
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