City of Somerville header
File #: 202631    Version: 1
Type: Mayor's Request Status: Approved
File created: 12/15/2016 In control: City Council
On agenda: 1/12/2017 Final action: 1/26/2017
Enactment date: 1/12/2017 Enactment #: 202631
Title: Requesting the appropriation of $880,416 from the CPA Fund Community Housing Reserve to the Affordable Housing Trust Fund, as recommended by the Community Preservation Committee.
Code sections: Appropriation/Budget -
Attachments: 1. FY17 CPA Mid-year Transfers

  Agenda Text

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Requesting the appropriation of $880,416 from the CPA Fund Community Housing Reserve to the Affordable Housing Trust Fund, as recommended by the Community Preservation Committee.

 

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Official Text

To the Honorable Board:

 

Per the Community Preservation Committee’s recommendation, I respectfully request that your Honorable Board appropriate $880,416 from the Community Preservation Act Fund Community Housing Reserve to the Affordable Housing Trust Fund.

 

My staff will be available to address any questions you may have. Thank you for your consideration of this item.

 

Respectfully Submitted,

Joseph A. Curtatone, Mayor