AUTHORIZING THE FINANCE DEPARTMENT TO INCREASE APPROPRIATIONS FOR THE URBAN COUNTY IN-HOUSE LOAN PROGRAM AND FOR THE HOME INVESTMENT PARTNERSHIP PROGRAM (HOME)

ENVIRONMENT RE: RESOLUTION NO. 2025151 AUTHORIZING THE FINANCE DEPARTMENT TO INCREASE APPROPRIATIONS FOR THE URBAN COUNTY IN-HOUSE LOAN PROGRAM AND FOR THE HOME INVESTMENT PARTNERSHIP PROGRAM (HOME) Legislators D'AQUANNI, HOUSTON, PAOLONI, GORMAN, CASWELL, and KAUL offer the following and move its adoption: WHEREAS, the County is a participant in the Community Development Block Grant (CDBG) Program ("Block Grant Program") pursuant to the federal Housing and Community Development Act ("Act") for various programs, and WHEREAS, pursuant to the Block Grant Program and the Act, the County makes loans known under the said Program as Section 108 Loans, to qualified business owners for the creation or expansion of their businesses, who then repay the loans to the County, and WHEREAS, pursuant to the Block Grant Program and the Act, the County receives funding under the HOME Investment Partnership Program ("HOME Program") to provide assistance for construction of affordable housing for low and moderate income individuals in participating jurisdictions, and WHEREAS, pursuant to the Block Grant Program and the Act, the County makes what are referred to within the loan program as Urban County In-House Loans ("In House Loans") to qualified moderate-income property owners to rehabilitate their homes, who repay the loans to the County, and upon repayment the County is authorized to make additional loans to other qualified candidates, and WHEREAS, by Resolution No. 144 of 1994, the Commissioner of Finance was directed to establish a Community Development account, which account has from time to time been amended, and WHEREAS, under the HOME Program, and since the U.S. Department of Housing and Urban Development (HUD) requires that the County expend the HOME Program income prior to drawing down new money from the Federal Treasury, this Resolution provides for an increase in appropriations that includes an estimate of anticipated revenue, and WHEREAS, the Urban County In-House Loan Program requires that the County expend the In-House program's income received each month on an as needed basis for the next eligible project, now, therefore, be it RESOLVED, that the Commissioner of Finance is hereby authorized and directed to amend the following accounts: APPROPRIATIONS Increase CD.8668.2705.4404 HSG Rehab Loans & Grants Various Vendors $260,000 $260,000 REVENUES Increase CD.8668.21700.01 CD.8668.21700.02 CD.8668.21700.04 Community Dev. Senior Owner Occ. Trust Fund Community Dev. HOME Trust Fund C'mty. Dev. HOME. St. Owner Occ Trust Fund $130,000 $ 65,000 $ 65,000 $260,000 CA-100-25 LDF/mar/rjw G-0179 08/20/25 Fiscal Impact: See Attached APPROVED Sue Serio SUSAN J. SERINO COUNTY EXECUTIVE Deto 10/16125 STATE OF NEW YORK SS: COUNTY OF DUTCHESS This is to certify that I, the undersigned Clerk of the Legislature of the County of Dutchess, have compared the foregoing resolution with the original resolution now on file in the office of said clerk, and which was adopted by said Legislature on the 14th day of October 2025, and that the same is a true and correct transcript of said original resolution and of the whole thereof. IN WITNESS WHEREOF, I have hereunto set my hand and scal of said Legislature this 14t day of October 2025. FISCAL IMPACT STATEMENT NO FISCAL IMPACT PROJECTED APPROPRIATION RESOLUTIONS (To be completed by requesting department) Total Current Year Cost $ 260,000 Total Current Year Revenue $ 260,000 and Source Community Development Block Grant Program - Urban County In-House Loan Program HOME Investment Partnership Program Source of County Funds (check one): • Transfer of Existing Appropriations, . DE Aditional Apropriation . CO other (expan). Identify Line Items(s): Also see attached Program Income Summary CD.8668.21700.01 CD.8668.21700.02 and CD.8668.21700.04 CD.8668.2705.4404 Related Expenses: Nature/Reason: Amount $ Anticipated Savings to County: Net County Cost (this year): $0 Over Five Years: $0 Additional Comments/Explanation: Prepared by: Gail Ouimet - Dept. of Planning & Development Prepared On: 8/15/2025 Dut.pdf APPROPRIATIONS Increase REVENUES Increase 2025 - Community Development Block Program CD.8668.2705.4404 Hsg Rehab Loans & Grants. Various Vendors CD.8668.21700.01 CD.8668.21700.02 CD.8668.21700.04 Community Dev. Senior Owner Occupied Trust Fund Community Dev.HOME Trust Fund Community Dev.HOME Senior Owner Occ. Trust Fnd $260,000.00 $260,000.00 $130,000.00 $65,000.00 $65,000.00 $260,000.00 Dutchess County Department of Planning and Development Community Investment Resolution Request Program Income Summary and Explanation Prepared For Proposed Adoption at October 2025 Legislative Meeting Number Program Income Type Previously Adopted Resolution G/L Account Number. 1 Urban County In-House Loan Program CD.8668.21700.01 2019064 CD.8668.21700.02 3 HOME Investment Partnership Program CD.8668.21700.04 Estimate of Anticipated Revenue G/L Account Number Description Special Grant.Rehab Loans and Grants. Community Dev.Senior Owner Occupied Trust Fund Special Grant.Rehab Loans and Grants. Community Dev.HOME Trust Fund Special Grant.Rehab Loans and Grants. Community Dev.HOME Senior Owner Occ. Trust Fin Explanation Appropriations Proposed Increase G/L Account Number G/L Account Number Description $130,000.00 Proposed Increase $65,000.00 CD.8668.2705.4404 Special Grant.Rehab Loans and Grants.Hsg Rehab Loans & Grants. Various Vendors $260,000.00 $65,000.00 This request represents a combination of existing and anticipated revenue over the next two years. We are requesting an increase to the appropriation line to ensure compliance with federal regulations or program income. HUD requires that we expend program income prior to drawing down new money from the Federal Treasury. As we receive monthly repayments and lump sum payoffs, we should expend the money we receive each month on the following month's payment requests. To meet this requirement, we have developed a process where we have been permitted to include an estimate of anticipated revenue in our appropriations increase requests. We closely track expenditures to ensure we do not exceed the monthly revenues. I FILESRVOT Pool Community investment Program Resolutions\2025\ Program Income 04 2025 Pl All Types - Summary and ExplanationProginc ResolReq AllocSummary 8/15/2025 Environment Committee Roll Call District District 7 - Hyde Park and Pleasant Valley District 25 - Amenia, Washington, Pleasant Valley & Millbrook District 3 - LaGrange District 16 - Fishkill and Beacon District 9 - City of Poughkeepsie District 1 - Town of Poughkeepsie District 4 - Hyde Park and Town of Poughkeepsie District 5 - Town of Poughkeepsie District 6 - Town of Poughkeepsie District 13 - East Fishkill and Wappinger District 18 - City of Beacon and Fishkill District 24 - Dover and Pawling Resolution: Motion: Present: Absent: Vacant: Name Truitt* Houston* Polasek* Valdés Smith* Atkins* Gorman Lawler D'Aquanni (C) Kaul Paoloni (VC) Page House Total : Abstentions: Yes No Absent Absent Absent No 2025151 AUTHORIZING THE FINANCE DEPARTMENT TO INCREASE APPROPRIATIONS FOR THE URBAN COUNTY IN-HOUSE LOAN PROGRAM AND FOR THE HOME INVESTMENT PARTNERSHIP PROGRAM (HOME) OCTOBER 9, 2025 Roll Call Sheets District Present: Absent: Vacant: District 7 - Hyde Park and Pleasant Valley District 25 - Amenia, Washington, Pleasant Valley & Millbrook District 3 - LaGrange District 16 - Fishkill and Beacon District 9 - City of Poughkeepsie District 1 - Town of Poughkeepsie District 2 - LaGrange, Pleasant Valley & Town of Poughkeepsie District 4 - Hyde Park and Town of Poughkeepsie District 5 - Town of Poughkeepsie District 6 - Town of Poughkeepsie District 8 - City and Town of Poughkeepsie District 10 - City of Poughkeepsie District 11 - Clinton, Pleasant Valley, and Rhinebeck District 12 - East Fishkill District 13 - East Fishkill and Wappinger District 14 - Wappinger and Town of Poughkeepsie District 15 - Wappinger District 17 - Town and Village of Fishkill District 18 - City of Beacon and Fishkill District 19 - North East, Stanford, Pine Plains, Milan & Red Hook District 20 - Red Hook, Tivoli, and Rhinebeck District 21 - East Fishkill District 22 - Beekman and Union Vale District 23 - Pawling, Beekman and East Fishkill District 24 - Dover and Pawling Resolution: - Motion: Last Name Truitt Houston Polasek Valdés Smith Atkins Gorman Travelpiece Lawler D'Aquanni Kaul Brendli Johnson Kearney Metzger Paoloni Versaci Faust McHoul Page Drago Munn Caswell Garito Rolison House Total: Abstentions: YES NO Abreat Abkent Abseut Absent Absent Absent 19 Yes No 2025151 AUTHORIZING THE FINANCE DEPARTMENT TO INCREASE APPROPRIATIONS FOR THE URBAN COUNTY IN-HOUSE LOAN PROGRAM AND FOR THE HOME INVESTMENT PARTNERSHIP PROGRAM (HOME) OCTOBER 14, 2025