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)

Finance Committee · 2026-05-05 · agenda_item

The City of Jacksonville Finance Committee is reviewing an ordinance to reallocate $181,840.50 in Annual Federal Home Investment Partnership Grant Program funding. This funding is proposed to be moved from the Downpayment Assistance Program to cover administrative costs. The item is currently pending review and has been introduced and read multiple times, with approvals noted from various committees. This reallocation does not involve new construction or site development, but rather a shift in grant funding for administrative purposes. Local businesses that provide administrative, financial, or consulting services may find opportunities related to the management and oversight of these funds. Engaging early in the process, before final budget allocations are settled, could provide an advantage for service providers.

funding reallocation

181840.50 $