Laserfiche WebLink
ERA-1 Emergency Rent Assistance Program Budget <br />Budget <br />Lakewood Community Services Center <br />ERA-1 Emergency Rent Assistance Program <br />October 1, 2022 December'31, 2022 <br />Expense Category Amount <br />Personnel (Salary & Fringe Benefits) <br />Applications, Assessments/Eligibility Determination & Landlord <br />Negotiations <br />$36,539 <br />Program Oversight/Administration <br />$14,620 <br />Sub -Total Personnel <br />$51,159 <br />Equipment &_Supplies <br />Supplies/Printing/Copying <br />$1,000 <br />Equipment Maintenance <br />$500 <br />CognitoForms Encryption Program (online application security) <br />$300 <br />Sub -Total Equipment & Supplies <br />$1,800 <br />Accounting Services <br />Weekly Check Writing/Monthly Reporting (Laskey Costello) <br />$2,500 <br />Sub -Total Accounting Services <br />$2,500 <br />Rental Assistance Payments * <br />$504,000 <br />Utility Assistance Payments <br />$50,000 <br />Sub -Total Rent & Utility Assistance Payments <br />$554,000 <br />Total Program Budget [: $609,459 <br />*Rental Assistance Payments Assumptions <br />Average Months of Rent in Arrears Support per Household 3 <br />Average Monthly Rent per Household $800 <br />Average Amount of Rent in Arrears Provided per Household $2,400 ($800 x 3 x 110) <br />Average Months of Rent Going Forward per Household 3 <br />Average Amount of Rent Going Forward per Household - $2,400 ($800 x 3 x 100). <br />