HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM Law Department
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SP -3
P■3 Matter ID No.
' FILE ID: to
Cp Fb 4
Date: 05/19/2010 Requesting Department: Community Development
Commission Meeting Date: 06/17/2010 District Impacted: 1,2,3,4,5
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: HOME funding 2010-2011
Purpose of Item:
A RESOLUTION OF THE MIAMI CITY COMMISSION, AUTHORIZING THE ALLOCATION OF
HOME INVESTMENT PARTNERSHIPS PROGRAM ("HOME") FUNDS, IN THE AMOUNT OF
$4,974,286, FOR HOUSING PROGRAMS, FOR FISCAL YEAR 2010-2011, 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 2010-2011, in the amount of $4,974,286, is
available for distribution.
The Administration recommends the allocation of HOME funds, in the amount of $4,974,286, for
fiscal year 2010-2011; in the categories as specified in Attachment "A", attached and incorporated,
for the provision of decent and affordable housing to low income households.
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
o: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
Purchasing
Chief
Final Approvals
(SIGN AND DATE)
Budget
Risk Management
Dept. Director
City Manager