Title
Tenant Displacement Fund - For the purpose of establishing a fund for providing assistance to tenants who are displaced when rental units are deemed unfit for human habitation by the City; basing funding for tenants on specific criteria; and generally related to emergency housing needs in the City of Annapolis.
Body
CITY COUNCIL OF THE
City of Annapolis
Ordinance 11-24
Introduced by: Alderman Gay
Referred to:
Finance Committee
Housing and Human Welfare Committee
AN ORDINANCE concerning
Tenant Displacement Fund
FOR the purpose of establishing a fund for providing assistance to tenants who are displaced when rental units are deemed unfit for human habitation by the City; basing funding for tenants on specific criteria; and generally related to emergency housing needs in the City of Annapolis.
BY creating with amendments the following portion of the Code of the City of Annapolis, 2024 Edition:
6.30
6.30.010
18.12
SECTION I: BE IT ESTABLISHED AND ORDAINED BY THE ANNAPOLIS CITY COUNCIL that the Code of the City of Annapolis shall be amended to read as follows:
Title 6- REVENUE & FINANCE
Chapter 6.30 - Special Funds
Section 6.30.010 - Tenant Displacement Fund.
A. Established. There is a special fund designated as the Tenant Displacement Fund (hereinafter "fund").
B. Purpose. The fund shall be used to fund programs that provide relocation assistance and alternate housing for individuals displaced as a result of the enforcement of ? 17.40.850 and to offset the costs to the city incurred in connection therewith, including the administration of the fund.
C. Financing.
The fund shall be financed from:
a. City budget allocations as available; and
b. Any contributions, donations, grants, or other appropriations by federal, state, and private entities.
D. Implementation and Required Reports.
The Finance Director shall:
a. Administer the fund and keep the fund in an interest-bearing account with interest accruing to the benefit of and to beco...
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