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File #: 22-0660    Version: 1
Type: Bill Status: Passed
File created: 5/27/2022 In control: Finance & Governance Committee
On agenda: 6/27/2022 Final action: 6/27/2022
Title: A bill for an ordinance establishing a new Fund in the Community Development Special Revenue Fund Series to receive and administer "Community Development State Grants" programs. Establishes the "Community Development State Grants Fund" in the Community Development Special Revenue Fund Series to receive and administer grants from the State of Colorado. The Committee approved filing this item at its meeting on 6-7-22.
Indexes: Zach Rothmier
Attachments: 1. BR22-0660 BMO_New Community Development State Grant Fund, 2. CB22-0660_DOF_Community Development State Grant Fund, 3. 22-0660 Filed Bill_DOF_Community Development State Grant Fund, 4. 22-0660 - signed, 5. 22-0660 For an ordinance establishing a new Fund in the Community Development

Finance Item/Grant Request Template

 

Date Submitted: 5-30-2022

 

Requesting Agency: Department of Finance

                               Division:

 

Subject Matter Expert Name: Nikki McCabe/Kiki Turner
Email Address:
Nikki.mccabe@denvergov.org/ <mailto:Nikki.mccabe@denvergov.org/> kiki.turner@denvergov.org <mailto:kiki.turner@denvergov.org>                         
Phone Number:

 

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 establishing a new Fund in the Community Development Special Revenue Fund Series to receive and administer “Community Development State Grants” programs.

Establishes the “Community Development State Grants Fund” in the Community Development Special Revenue Fund Series to receive and administer grants from the State of Colorado. The Committee approved filing this item at its meeting on 6-7-22.

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.

 

This bill request establishes the “Community Development State Grants Fund”, Fund number 16302, to receive and administer grants from the State of Colorado that have a Community Development purpose, including programs related to housing and homelessness resolution, as well as support services.  Grants received into this fund will be primarily administered by the Department of Housing Stability (it can be used by other agencies who receive state grants with a Community Development purpose).

 

The expending authority of the new grant fund will be the Executive Director of the Department of Housing Stability or other executive directors, as appropriate, if another department or agency receives a state grant award within the fund’s stated purpose. The Fund will be sponsor funded and non-lapsing.

 

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

Fund creation

 

Amount:

 

Budget Year:

 

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

 

Grantor (if applicable):

 

Fund Matching Requirements (if applicable):

 

Fiscal Impact: