HomeMy WebLinkAboutSummary FormII AGENDA ITEM SUMMARY FORM Law Department
Matter ID No.
FILE ID• JA
Date: 05/21/2009 Requesting Department: Community Development
Commission Meeting Date: 06/18/2009 District Impacted: 1,2,3,4,5
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: HOME funding 2009-2010
Purpose of Item:
AUTHORIZING THE ALLOCATION OF HOME INVESTMENT PARTNERSHIPS PROGRAM'
("HOME") FUNDS, IN THE AMOUNT OF $5,006,326, FOR HOUSING PROGRAMS, FOR YEAR
2009-2010, IN THE CATEGORIES AS SPECIFIED IN ATTACHMENT "A", ATTACHED AND
INCORPORATED, FOR THE DEVELOPMENT OF AFFORDABLE HOUSING; AUTHORIZING THE
CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTS FOR SAID PURPOSE(S).
Background Information:
The United States Department of Housing and Urban Development ("U.S. HUD") has advised the
City of Miami Department of Community Development that the projected Home Investment
Partnerships Program ("HOME") funding for Fiscal Year 2009-2010, in the amount of $5,006,326, is
available for distribution.
The Administration recommends the allocation of HOME funds, in the amount of $5,006,326, for
housing programs, for year 2009-2010; in the categories as specified in Attachment "A", attached
and incorporated, for the development of affordable housing.
Budget Impact Analysis
NO Is this item related to revenue?
NO Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
CIP
If using or receiving capital funds
Grants
Final Approvals
(SIGN AND DATE)
Budget.
Risk Man:
PurchasmAn Dept. Dire
Chief City Mang
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