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HomeMy WebLinkAboutSummary FormDate: 4/26/2007 AGENDA ITEM SUMMARY FORM FILE ID: 0-7.(o(ro Requesting Department: Community Development Commission Meeting Date: 6/12/2007 District Impacted: City wide Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item n Other Subject: Accepting US. HUD Entitlement Grant funds Purpose of Item: The purpose of this item is for the City Commission to accept the approximate US HUD Entitlement Grant funds for the following programs: • Community Development Block Grant ("CDBG") • Home Investment Partnerships ("HOME") • American Dream Downpayment Initiative ("ADDI") • Housing Opportunities For Persons With AIDS ("HOPWA") • Emergency Shelter Grant ("ESG") Background Information: US HUD has advised the City of Miami of the following approximate entitlement grant funds to be received by the City under these programs for fiscal year 2007-2008: • • • • Community Development Block Grant ("CDBG") Home Investment Partnerships ("HOME") American Dream Downpayment Initiative ("ADDI") Housing Opportunities For Persons With AIDS ("HOPWA") Emergency Shelter Grant ("ESG") $8,438,887 $4,602,629 $68,512 $11,689,000 $364,454 Budget Impact Analysis Is this item related to revenue? Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: Final Approvals (SIGN AND PATE) CIP Budget ]fusing or receiving capita] funds Grants Risk Management Purchasin Dept. Director Chief City Manager Page l of 1