HomeMy WebLinkAboutSummary FormDate: 5/10/2007
AGENDA ITEM SUMMARY FORM
FILE ID: n7 - O () S Oj
Requesting Department: Community Development
Commission Meeting Date: 6/12/2007 District Impacted:
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Section 8 funding: 2007-2008
Purpose of Item:
ACCEPTING THE SECTION 8 MODERATE REHABILITATION HOUSING PROGRAM FUNDS, IN
THE AMOUNT OF $4,670,000 FOR RENTAL ASSISTANCE, AND IN THE AMOUNT OF $434,000
FOR THE ADMINISTRATION, FOR THE TOTAL AMOUNT OF $5,104,000, FROM FISCAL YEAR
2007 ANNUAL CONTRIBUTIONS FROM THE UNITED STATES DEPARTMENT OF HOUSING
AND URBAN DEVELOPMENT.
Background Information:
The United States Department of Housing and Urban Development ("HUD") has advised the City of
Miami that the amount of $5,104,000 from Fiscal Year 2007 annual contributions is the projected
allocation for the Section 8 Moderate Rehabilitation Housing Program.
The City of Miami has 416 units under the Section 8 contracts.
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:
Dept. D
Chief
Final Approvals
(SIGN AND DATE)
City Manager
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