The Ann Arbor Housing Commission has been provided $382,000 of operational support through action taken by the Ann Arbor city council at its June 17, 2013 meeting.
The resolution was held over from the council’s June 3, 2013 meeting. That’s when the council took several steps to move the Ann Arbor Housing Commission forward along a path to converting the properties it manages to project-based vouchers. A similar operations funding resolution had appeared on that meeting’s agenda, but was withdrawn.
The additional funding, according to a staff memo accompanying the resolution, is needed in order to mitigate against the impact of federal sequestration. The memo puts that impact at about $300,000 less for public housing and $50,000-$75,000 less for capital funding.
Of the total amount, $159,000 is appropriated from the city of Ann Arbor’s affordable housing trust fund, and $223,000 would be appropriated from the general fund. The housing and human services advisory board had voted to recommend the $159,000 be appropriated from the city’s affordable housing trust fund.
This brief was filed from the city council’s chambers on the second floor of city hall, located at 301 E. Huron. A more detailed report will follow: [link]