HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID:
Date: 09/05/2012
to -aloof
.aw Department
Matter ID No.
Requesting Department: Community Development
Commission Meeting Date: 10/11/2012 District Impacted: 1,2,3,4,5
Type: ® Resolution ❑ Ordinance D Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: ALLOCATION COMMUNITY DEVELOPMENT BLOCK GRANT REPAYMENT
FUNDS TO THE SINGLE FAMILY REHABILITATION AND REPLACEMENT HOME
PROGRAMS AND HOUSING ACTIVITIES
Purpose of Item:
AUTHORIZING THE ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG")
REPAYMENT FUNDS, IN THE AMOUNT OF $1,244,509.08 TO THE SINGLE FAMILY
REHABILITATION AND REPLACEMENT HOME PROGRAMS AND HOUSING ACTIVITIES, AS
SPECIFIED IN EXHIBIT "A", ATTACHED AND INCORPORATED, AUTHORIZING THE CITY
MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS FOR SAID PURPOSE.
Background Information:
Please see attached
Budget Impact Analysis
NO Is this item related to revenue?
YES Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No: TO BE DETERMINED
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact: $1,244,509.08
Final Approvals
(SIGN AND DATE)
CIP Budget _ c_
If using or receiving capital funds
Grants Risk Management
Purchasing Dept. Director
Chi City Manager
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AGENDA ITEM SUMMARY FORM CONTINUED
Background Information:
Pursuant to Resolution No. 09-0278, adopted on June 11, 2009, the Miami City Commission
approved a repayment plan to HUD which included an amount of $1,244,509.08 in CDBG funds.
HUD has now credit the City's CDBG line of credit with the $1,244,509.08 paid to HUD.
The Department of Community Development has established a Code Compliance Program in the
City to assist in revitalizing low and moderate income neighborhoods of the City.
The Single Family Rehabilitation Program provides eligible low and moderate income homeowners
with up to $35,000 to repair and bring their properties to code.
The Single Family Replacement Home Program provides assistance to eligible low and moderate
income homeowners to demolish their dilapidated home and rebuild a three bedroom, two bath home
with approximately 1,300 square foot on the existing lot.
The Single Family Rehabilitation and Replacement Home programs currently have 60 and 4
homeowners on the waiting list.
The Administration is requesting the allocation of CDBG Repayment funds in the amount of
$1,244,509.08, to the Single Family Rehabilitation and Replacement Home Programs and Housing
Activities, as specified in Exhibit "A", attached and incorporated;