Title:
Budget Amendment - Community Support Services - Carry Forward of Unspent Housing Stability and Supportive Housing Funds
Summary
ACTION:
Carry forward unspent County housing stability and supportive housing funds estimated to be $900,000 at June 30, 2019 to support homeless services in Mecklenburg County
Staff Contact: Stacy Lowry, Community Support Services Director
Presentation: No
BACKGROUND JUSTIFICATION:
Carry forward of housing funding allocation estimated at $900,000 will be used to provide supportive services for households experiencing homelessness as they transition to housing or victims fleeing domestic violence seeking safe housing. This funding will provide a permanent housing opportunity with subsidy support and supportive services. Housing Stability and Supportive Services funding has provided supportive services to over 500 homeless households since 2014 with over a 97% housing stability rate. This funding has been tied to existing subsidies targeted at our community's most vulnerable. Funds were unspent in FY19 due to the lack of additional rental subsidies.
POLICY IMPACT:
N/A
FISCAL IMPACT:
Appropriation of General Fund balance estimated at $900,000 to the CSS FY2020 General Fund (0001) budget