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W2023 -32 <br />AN ORDINANCE ACCEPTING HOME INVESTMENT PARTNERSHIPS <br />PROGRAM — AMERICAN RESCUE PLAN ACT FUNDS IN THE AMOUNT OF <br />$1,540,476 FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN <br />DEVELOPMENT AND APPROPRIATING SAID SUM IN THE FY 2023 <br />COMMUNITY PLANNING AND DEVELOPMENT PROGRAM FUND BUDGET <br />FOR HOUSING, SUPPORTIVE SERVICES, AND OTHER ELIGIBLE <br />ACTIVITIES. <br />BE IT ORDAINED by the Council of the City of Portsmouth, Virginia: <br />1. That it hereby accepts HOME Investment Partnerships Program — American <br />Rescue Plan Act funds in the amount of $1,540,476 from the U.S. Department of Housing <br />and Urban Development and appropriates said amount in the FY 2023 Community <br />Planning and Development Program Fund Budget. <br />2. That the funds shall be used for housing, supportive services, and other <br />eligible activities. <br />3. That no local match is required as a condition of the funding. <br />4. That estimated revenues and expenditures in the FY 2023 Community <br />Planning and Development Program Fund Budget are increased by $1,540,476. <br />5. That this ordinance shall take effect on the date of its adoption. <br />ADOPTED by the Council of the City of Portsmouth, Virginia at a meeting held <br />on April 25, 2023. <br />Teste: <br />City Clerk <br />