ORD Reallocating $181,840.50 in Annual Federal Home Investment Partnership Grant Prog Funding from the Downpayment Assistance Prog to Fund Admin Cost (B.T. 26-059) (Smith) (Req of Mayor) (Co-Sponsor CM Clark-Murray)

City Council · 2026-04-28 · agenda_item

The City of Jacksonville is reviewing an ordinance to reallocate $181,840.50 in annual federal funding. This funding is currently designated for the Downpayment Assistance Program and is proposed to be moved to cover administrative costs. The proposal is currently under review by the City Council. This reallocation does not involve new construction or site development. Instead, it concerns the administrative management of existing federal grant funds. Businesses that provide financial services, accounting, or administrative support may be interested in this item as it relates to the management and allocation of public funds. Early awareness of this administrative shift could be beneficial for service providers.

funding reallocation

181840.50 $