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HomeMy WebLinkAboutSummary Form=- Law Department AGENDA ITEM SUMMARY FORM Matter ID No. FILE ID: cfl ar 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: Section 8 Funding: 2009-2010 Purpose of Item: AUTHORIZING THE ACCEPTANCE OF SECTION 8 HOUSING PROGRAM FUNDS, IN THE AMOUNT OF $4,394,891 FOR RENTAL ASSISTANCE, AND IN THE AMOUNT OF $429,519 FOR PROGRAM ADMINISTRATION, FOR A TOTAL AMOUNT OF $4,824,410, FROM FISCAL YEAR 2009 ANNUAL CONTRIBUTIONS FROM THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT; AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTS FOR SAID PURPOSE Background Information: The City of Miami has 416 units under Section 8 contracts. The United States Department of Housing and Urban Development has advised the City of Miami that the projected allocation for the Section 8 Housing Program, in the amount of $4,394,891, for rental assistance and $429,591 in program administration is available from Fiscal Year 2009 annual contributions. 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 Final Approvals (SIGN AND DATE) Budget If using or receiving capital funds Grants Risk Mana Purchas' g Dept. Direr Chief City Mana Page 1 of 1