(A) The purpose of the Fund is to receive and disburse monies in support of the Office of Homelessness Prevention and Intervention specifically for the implementation of innovative and sustainable solutions for homelessness in Lexington Fayette Urban County.
(B) The funds shall be used for projects, services, facilities, equipment, staffing, or such other expenditures which may prevent or reduce homelessness.
(C) Funding may be provided in the form of grants with priority given to projects that leverage additional funding sources and which are one-time or present a plan for sustaining operations beyond the period of grant funding.
(D) The Fund may provide financial support for a wide variety of activities that are consistent with Sec. 2-494(A) and 2-494(B) of this ordinance, including, but not limited to: supportive services, acquisition of property, site development, new construction, rehabilitation, matching funds for other grants, technical assistance, administrative costs, rental assistance, coordinated intake/assessment, and supporting participation in the community's Homeless Management Information System (HMIS).
(E) All projects supported by the Fund shall be non-supplantive and the fund is not intended to support ongoing operations of shelters or other entities.
(F) Applications for funding may be accepted from non-profit organizations.
(G) Any unexpended balance of the Fund remaining at the close of a fiscal year shall not lapse but shall continue into the succeeding fiscal year for future eligible activities.
(H) All interest earned by the Fund or revenues recaptured from incomplete or noncompliant grants shall be returned to the Fund for future use.
(I) The Fund may accept private gifts, grants, donations, or other contributions.
(Ord. No. 102-2014, § 1, 9-11-14)