City of Baltimore - File #: 14-0199R

• File #: 14-0199R
• Version: 0
• Name: Informational Hearing - HABC Participation in the Federal Rental Assistance Demonstration Project
• Type: City Council Resolution
• Status: Adopted
• File created: 12/4/2014
• In control: Housing and Community Development Committee
• Final action: 2/23/2015
• Title: Informational Hearing - HABC Participation in the Federal Rental Assistance Demonstration Project FOR the purpose of calling upon Housing Commissioner Paul Graziano and the staff of the Housing Authority of Baltimore City to re-appear before the City Council to further discuss RAD’s progress in Baltimore, answer any outstanding questions, and provide documentation memorializing answers and assertions provided at the hearing in March.
• Sponsors: Bill Henry, President Young, Brandon M. Scott, Robert Curran, James B. Kraft, Warren Branch, Sharon Green Middleton, Eric T. Costello, Mary Pat Clarke, William "Pete" Welch, Rochelle Spector, Nick Mosby
• Indexes: Assistance, Federal, HABC, Informational Hearing, Participation, Project, Rental

Date	Ver.	Action By	Action	Result
2/23/2015	0	City Council	Adopted
2/23/2015	0	Housing and Community Development Committee	Recommended Favorably
1/26/2015	0	Housing and Community Development Committee	Scheduled for a Public Hearing
12/4/2014	0	City Council	Introduced
12/4/2014	0	City Council	Assigned

* WARNING: THIS IS AN UNOFFICIAL, INTRODUCTORY COPY OF THE BILL.
THE OFFICIAL COPY CONSIDERED BY THE CITY COUNCIL IS THE FIRST READER COPY.
INTRODUCTORY*

CITY OF BALTIMORE
COUNCIL BILL R
(Resolution)

Introduced by: Councilmember Henry



A RESOLUTION ENTITLED

A COUNCIL RESOLUTION concerning
title
Informational Hearing - HABC Participation in the Federal Rental Assistance Demonstration Project
FOR the purpose of calling upon Housing Commissioner Paul Graziano and the staff of the Housing Authority of Baltimore City to re-appear before the City Council to further discuss RAD’s progress in Baltimore, answer any outstanding questions, and provide documentation memorializing answers and assertions provided at the hearing in March.
body

Recitals

The Housing Authority of Baltimore City (HABC) receives federal funding from the U.S. Department of Housing and Urban Development (HUD) for its public housing facilities’ capital needs but, like housing authorities throughout the nation, has suffered dramatic reductions in this funding in recent years. In total, HABC has an unfunded capital need of approximately $800 million for its public housing units.

In 2011, Congress passed legislation authorizing an initiative called the Rental Assistance Demonstration (RAD), which assists selected municipalities nationwide in making capital repairs to their public housing units through access to private financing resources. Run by HUD, the program converts public housing subsidies to longterm Section 8 subsidies; these allow the borrowing and leveraging of money in the form of loans, thereby reducing reliance on unpredictable public housing appropr...