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Council approves housing grants and budget amendments, including HOME funding agreements with JEDI
Summary
The council approved two HOME‑funding agreements with the Joplin Economic Housing Development Initiative (JEDI) to support rental and single‑family housing projects and passed a broader budget amendment recognizing several post‑budget items including a passenger boarding bridge contract.
The Joplin City Council unanimously approved two funding agreements with the Joplin Economic Housing Development Initiative (JEDI) and advanced a budget amendment that recognizes changes since the annual budget was adopted.
Thomas Walters, who presented the JEDI funding items, described council bills authorizing HOME funds not to exceed $310,000 and $175,000 for rental development and single‑family home production. Walters said JEDI is using mixed funding and developer equity to deliver rental units that support households on a path to homeownership. "They're making this resource intensive on their part to hit the objective," Walters said, describing a veterans tenplex and other projects in the pipeline.
Separately, Finance staff presented Council Bill 2026‑509, a budget amendment recognizing expenditures and revenues tied to previously approved contracts (including a broadband consulting balance and an airport passenger boarding bridge contract). Staff emphasized the amendment recognizes existing commitments rather than creating new increases in contract amounts.
Why it matters: The HOME agreements and budget amendment are part of the city's continuing efforts to expand affordable housing inventory and to finalize fiscal recognition of late‑arriving contract costs. The funding leverages JEDI's capacity as a CHDO and aims to produce rental units tied to homeownership pathways.
Next steps: JEDI will proceed with project development under the terms of the agreements and with regular procurement and reporting requirements; city staff will monitor budgets and contract execution through standard procedures.
