Public Hearing: YES ☐ NO ☒ Department: Community Development
SUBJECT:
Title
Commission District(s): All
Appropriation of CDBG-CV Funds for the DeKalb County COVID-19 Mortgage Assistance Program administered by the Community Development Department to three (3) DeKalb County Non- Profit Agencies in the aggregate amount of $2,250,000.
Body
Information Contact: Allen Mitchell, Director
Phone Number: 404-969-9921
PURPOSE:
To consider approving and authorizing $2,250,000 in CDBG-CV funds to launch a COVID-19 Mortgage Assistance Program to provide emergency payments for individuals or families impacted by coronavirus for emergency mortgage assistance to avoid evictions or foreclosures.
NEED/IMPACT:
DeKalb County received funding in Community Development Block Grant (CDBG-CV) funding based on the Federal appropriations formula. The Community Development Department has allocated $2.25 million of those funds for Mortgage and Arrearages Subsistence-Type Payments.
The DeKalb County Community Development Department through its nonprofit partner organizations will provide financial assistance for eligible DeKalb County homeowners. The DeKalb funds may be used as follows, Mortgage Reinstatement; Mortgage Default Resolution; Mortgage Payment Assistance; Property Charge Default Resolution.
FISCAL IMPACT:
|
# |
Agency |
Funding Total |
Service Provided |
|
1 |
Urban League of Greater Atlanta, Inc. |
$1,100,000 |
Case Management and Mortgage Payments |
|
2 |
Our House, Inc. |
$1,100,000 |
Case Management and Mortgage Payments |
|
3 |
Atlanta Legal Aid Society, Inc. |
$50,000 |
Housing Counseling and Legal Services |
No Impact to the County.
RECOMMENDATION:
Recommended Action
To approve the appropriation of $2,250,000 in CDBG-CV funds to launch a COVID-19 Mortgage Assistance Program administered by the Community Development Department to provide emergency payments for individuals or families impacted by coronavirus for emergency mortgage assistance to avoid evictions or foreclosures; and to authorize the CEO to execute the necessary agreements/documents in a form that is acceptable to the County Attorney.