HomeMy WebLinkAboutExhibit 3Special Conditions to Funding Approval and Grant Agreement For
Neighborhood Stabilization Program (NSP) Funds
as Authorized and Appropriated by under the
Housing and Economic Recovery Act of 2008
(Public Law 110-289, July 30, 2008)
NSP GRANTEE: City of Miami
NSP GRANT NUMBER: B -08 -MN -12-0016
NSP GRANT AMOUNT: $12,063,702
NSP APPROVAL DATE: January 8, 2009
Special Condition #1:
1_ Pursuant to 24 CFR § 85.12 (a) (1) (2) (4) or (5), a special condition applies to this Grant
Agreement due to past performance in the CDBG program_ The City of Miami shall
submit documentation describing how past CDBG performance issues have been
resolved or are now being resolved and explain how they will not impact the
administration of the NSP program_ Our records show that there are several outstanding
monitoring findings that require resolution in the City's HOPWA, HOME, and CDBG
programs. In addition, the City has several outstanding issues regarding non compliance,
where it had agreed to reimburse its Line of Credit as identified below:
a) HOPWA: The amount of $935,556.20 for the unauthorized sell of the Sugar Hill
Apartments property.
b) HOME: The remaining balance of $ 2.6 million for the Model City occurrence; and
$87,685.00 for ineligible down payment assistance in a Conflict of interest
issue.
c) CDBG: In FY 2006 the amount of $404,583.56 for ineligible areas of assistance in the
Miami Downtown area.
The City must submit a plan of action to our Office addressing the above identified
issues, stating how it will resolve this deficiencies and a time frame for completion.
The City must also indicate how the past performance issues will not im au ct its
administration of the NSP program. If the City of Miami fails to submit such
documentation within 60 days from the date HUD signed this Grant Agreement HUD
mqy thereafter withhold authority to incur additional obligations of NSP Grant Funds or
take other actions authorized under 24CFR� 85.12(b).