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I <br />M E M O R A N D U M <br />TO: Board of County Commissioners <br />FROM: E ward J. Rig n <br />� ��� <br />DATE: April 26, 19;79 <br />RE: Section 8 Existing Rental Housing Assistance <br />Program Administrative Budget <br />In a meeting with the Housing Programs Management branch of <br />H.U.D. on April 17, 1979 we reached tentative.agreement on <br />the Section 8 administrative budget. A copy is attached. <br />They are into a fiscal year so they add that to the next <br />fiscal year making a fiscal year of 17 months. <br />Our Annual Contributions Contract calls for $225,204 per <br />year of rental assistance which is $1,126,020 for five <br />years and the additional 5 months is $93,835 for a total of <br />$1,219,855. <br />The attached budget calls for an additional administrative <br />start-up budget of $57,125 plus $8,972 for the 5 additional <br />months. A total of $66,097 for the 17 months. <br />We seek authorization of the Board of County Commissioners <br />for the Chairman to execute revised "Estimate of Total <br />Required Annual Contributions" HUD Form 52673. <br />EJR:mw <br />Attach, <br />MAY 91979 SOCK 40 PACE 2�� <br />