HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID: D-1-00 (o5
Date: 4/26/2007 Requesting Department: Community Development
Commission Meeting Date: 6/12/2007 District Impacted:
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: ADDI FUNDING: 2007-2008
Purpose of Item:
(AUTHORIZING THE ALLOCATION OF AMERICAN DREAM DOWNPAYMENT INITIATIVE ("ADDI")
FUNDS, IN THE TOTAL AMOUNT OF $68,512, FOR FISCAL YEAR 2007-2008, FOR FIRST TIME
HOMEBUYER DOWN -PAYMENT ASSISTANCE; AUTHORIZING THE CITY MANAGER TO
EXECUTE THE NECESSARY DOCUMENTS TO IMPLEMENT ACCEPTANCE OF SAID FUNDS,
Background Information:
The United States Department of Housing and Urban Development has advised the City of Miami
that the projected allocation for Fiscal Year 2007-2008, for First Time Homebuyer Down -Payment
Assistance, is $68,512.
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 DATE)
Chief �,f 1 v City Manager ' \
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