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 · 2026-05-12 · agenda_item

The City of Jacksonville is reviewing an ordinance to reallocate $181,840.50 in federal grant funding. This funding is currently for the Downpayment Assistance Program and is proposed to be moved to cover administrative costs. The item is currently pending review and has a public hearing scheduled for May 12, 2026. This action involves financial reallocation rather than physical construction. The primary opportunity for local businesses lies in administrative and financial services related to managing grant funds. Businesses offering accounting, financial consulting, or grant administration services may find opportunities as this proposal moves through the review process. Engaging early before final approval could be advantageous.

Annual Federal Home Investment Partnership Grant Prog Funding

181840.50 $