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HomeMy WebLinkAboutSummary FormDate: 02/14/2012 AGENDA ITEM SUMMARY FORM FILE ID: Law Department Matter ID No. Requesting Department: Community Development Commission Meeting Date: 03/22/2012 District Impacted: 1,2,3,4,5 Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: HOPWA Funding 2012-2013 Purpose of Item: 'AUTHORIZING THE TRANSFER OF HOUSING OPPORTUNITIES FOR PERSONS WITH AIDS ("HOPWA") PRIOR YEARS .RESERVE -FUNDS IN THE TOTAL AMOUNT OF $996,820; ALLOCATING SAID FUNDS TO THE AGENCIES AS SPECIFIED IN EXHIBIT "A", ATTACHED AND INCORPORATED, TO PROVIDE HOUSING ASSISTANCE AND HOUSING RELATED SERVICES TO ADDITIONAL LOW INCOME INDIVIDUALS LIVING WITH AIDS DURING PY2012- 2013; AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENT(S), IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE(S). Background Information: Please see attached 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 Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: - Total Fiscal Impact: CIP Final Approvals (SIGN AND DATE). Budget If using orreceiving capital funds Grants P Risk Manage Dept. Directo City Manager S Page 1 of 1 AGENDA ITEM SUMMARY FORM CONTINUED Background Information: The Housing Opportunities for Persons with AIDS ("HOPWA") Program was created under the AIDS Housing Opportunity Act and revised under the Housing and Community Development Act of 1992. Since 1994 the City of Miami ("City") has received HOPWA Program funds from the United States Department of Housing and Urban Development (" HUD") and has been responsible for the implementation of programs designed to provide housing and related services to individuals living with HIV/AIDS in the City and throughout Miami -Dade County. On January 18, 2012, the U.S. Department of Housing and Urban Development ("HUD") released the final Community Planning and Development Program Formula Allocations for FY2012. Due to reduced fair market rents in the last two years, prior years' HOPWA funds that were allocated to different programs retained unused balances in the total amount of $996,820, as specified in Exhibit "A", attached and incorporated. The close out of these unused balances allows the Department of Community Development to reinvest these funds into the program for PY2012-2013 to provide Long -Term Rental Assistance ("LTRA") to additional HOPWA-eligible clients. The Administration recommends the transfer in the amount of $996,820, from prior year's HOPWA close-out funds and allocating said funds to the agencies as specified in Exhibit "A", attached and incorporated, to provide housing assistance and housing related services to low income individuals living with AIDS.