Denver Legistar banner



File #: 20-1232    Version: 1
Type: Bill Status: Passed
File created: 10/26/2020 In control: Safety, Housing, Education & Homelessness Committee
On agenda: 11/23/2020 Final action: 11/23/2020
Title: A bill for an ordinance amending Ordinance No. 20190771 Series of 2019 to change the delegation of authority to operate the metroDPA Program from the Department of Finance and/or Office of Economic Development to the Department of Finance or Department of Housing Stability and to change all references from George K. Baum & Company to Stifel, Nicolaus & Company, Incorporated. Amends Ordinance No. 20190771 Series of 2019 to change the delegation of authority to operate the metroDPA Program from the Department of Finance and/or Office of Economic Development to the Department of Finance or Department of Housing Stability and to change all references from George K. Baum & Company to Stifel, Nicolaus & Company, Incorporated. The Committee approved filing this item at its meeting on 11-4-20.
Indexes: Emily Lapel
Attachments: 1. BR20 1232 HOST Metro_Mortgage Assistance_from DOF to HOST metroDPA, 2. Summary of 2021 Long Bill Companion Ordinances, 3. 20-1232 Filed Bill_Denver metroDPA Phase II 2020 Ordinance Amendment - Amending 2019-0771, 4. 20-1232 Filed Bill_Denver metroDPA Phase II, 5. 20-1232 - signed, 6. 20-1232 A bill for an ordinance amending Ordinance No. 20190771 Series of 2019 to change the delegation of authority to operate the metroDPA Program from the Department of Financ

Finance Item/Grant Request Template

 

Date Submitted: 10-26-20

 

Requesting Agency: Department of Housing Stability

                               Division:

 

Subject Matter Expert Name:

Name:     Andrew Johnston

Email:   Andrew.Johnston@denvergov.org

 

Item Title & Description:

(Do not delete the following instructions)

These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney’s Office should enter the title above the description (the title should be in bold font).

 

Both the title and description must be entered between the red “title” and “body” below.  Do not at any time delete the red “title” or “body” markers from this template.

title

A bill for an ordinance amending Ordinance No. 20190771 Series of 2019 to change the delegation of authority to operate the metroDPA Program from the Department of Finance and/or Office of Economic Development to the Department of Finance or Department of Housing Stability and to change all references from George K. Baum & Company to Stifel, Nicolaus & Company, Incorporated.

Amends Ordinance No. 20190771 Series of 2019 to change the delegation of authority to operate the metroDPA Program from the Department of Finance and/or Office of Economic Development to the Department of Finance or Department of Housing Stability and to change all references from George K. Baum & Company to Stifel, Nicolaus & Company, Incorporated. The Committee approved filing this item at its meeting on 11-4-20.

body

 

Affected Council District(s) or citywide? Citywide

 

Executive Summary with Rationale and Impact:

Detailed description of the item and why we are doing it. This can be a separate attachment.

The metroDPA program was created in 2013 as the Metro Mortgage Assistance Plus Program and then rebranded in 2019 as the metroDPA Program by separate ordinances. The ordinances established Department of Finance and Office of Economic Development (OED) as program administrators. The Department of Housing Stability (HOST) was subsequently created in 2019 and is replacing OED as an administrator. This bill request seeks to amend the ordinance by updating company names and replacing OED with HOST.

 

This ordinance request is submitted along with two other bill requests to move the Metro DPA program to HOST.

Type (choose one: Grant; Supplemental; Fund Creation; Fund Rescission; Fund Transfer; Appropriation; Other):

 

Amount:

 

Budget Year:

 

Fund and Funding Source (Fund/Org/Grant Number, if applicable):

 

Grantor (if applicable):

 

Fund Matching Requirements (if applicable):

 

Fiscal Impact: