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HomeMy WebLinkAboutcover memoMAR-16-Z004 15:37 CITY MANAGER OFFICE 305 416 1019 P.03 TO • f14QM ; The Honorable ers of RE OMMIE ] Ti It is respectfully rec Attachment, eta oria ("CDEIG") 'funds in development of afror the allocation of CD Partnership ! ("SHIP") October t, 2004. $ I9R45CCND; Under the entitlement HUD") has advised approximately $ 9,92 CDBG Program fund the Housing Develop The Administration r Project allocation development funds. it is recenuatended th authorizing the alloc in the amount ofS5O housing; and adop Horne Invebtment P fa.nds for affordable b The . r posed Besot d CITY OF MIAMI, FLORIDA INTEROFFICE MEMORANDUM PATE • SUBJECT; MAfi 16 2004 RIB; CDBO, HOME & SHTP program Housing Development Policy, & Distriet 4 Pilot Project Allocation PEFERENC@$ ; City Commission Agenda March 25, 2004 ENCLOSUflEB; mended that the City Commission adopt the attached Resolution, with ng the allocation of 30th Year Community Development Block Grant the amount of $SO0,000 to District 4 Housing Pilot Project for the ble housing; and adopting policies, attached and incorporated, related to Home investment Partnerships ("HOME") and State Housing Initiative funds for affordable housing in the 30th Program Year, commencing on formula, the U.S. Department of Housing and Urban Development ("U.S. the City that the projected 30th Program Year entitlement will be ,000 for the CDBG Program. Approximately S2,369,839 in 30`k Year including closeout funds from the 28th Program Year, is earmarked for ent category. ommends that the City Commission approve the District 4 Housing Pilot d the attached policies for the allocation of FY'2004-2005 housing t the City Commission adopt the attached Resolution, with Attachment, WA of 30t Year Community Development Flock Grant ("CDBC") funds ,ObO to District 4 Housing Pilot Project for the development of affordable policies, attached and incorporated, related to the allocation of CDBG, erships ("HOME") and State Housing initiative Partnership ("SHIP") using in the 30th Program Year, commencing on October 1, 2004. tion does not have a budgetary impact on the General Fund.