Stable Homes Stable Schools Cumulative Program Report - Quarter 1 - - PowerPoint PPT Presentation

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Feb 27, 2024 138 likes •210 views

Stable Homes Stable Schools Cumulative Program Report - Quarter 1 2020 Report to POGO Committee July 23, 2020 As of 4/3/20 Rental Assistance As of 4/3/20 Housing Stability Fund As of 4/3/20 As of 4/3/20 As of 4/3/20 Funds Expended through

SLIDE 1

Stable Homes Stable Schools

Cumulative Program Report - Quarter 1 2020

Report to POGO Committee July 23, 2020

As of 4/3/20

SLIDE 2

Rental Assistance

As of 4/3/20

SLIDE 3

Housing Stability Fund

As of 4/3/20

SLIDE 4

As of 4/3/20

SLIDE 5

As of 4/3/20

SLIDE 6

Funds Expended through March 31, 2020

Rental Assistance Program*: $1,053,374.99
City Funds: $919,374.25
MPHA Funds: $134,973.34

*Note that funds allocated toward the three-year rental assistance commitment for each family significantly exceeds the funds expended to

date. Funds expended to date include current rent payments made but not the commitment of those ongoing rental payments.
Housing Stability Fund: $162,528
All funds provided by the Pohlad Family Foundation

Emergency Housing Assistance In response to the COVID-19 pandemic, the City made $1 million of existing Stable Homes Stable Schools funds available for emergency housing assistance for families with children in MPS all elementary schools, prioritizing resources for families earning less than 30% AMI.