HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID:
a-D/3//
Law Department
Matter ID No.
Date: 10/30/2012 Requesting Department: Community Development
Commission Meeting Date: 12/13/2012 / District Impacted: 1,2,3,4,5
Type: ® Resolution ❑ Ordinance D Emergency Ordinance ['Discussion Item
❑ Other
Subject: SECTION 8 FUNDING: 2013-2014
Purpose of Item:
AUTHORIZING THE ACCEPTANCE OF SECTION 8 HOUSING PROGRAM FUNDS, IN THE
PROJECTED AMOUNT OF $3,600,000 FOR RENTAL ASSISTANCE, AND IN THE PROJECTED
AMOUNT OF $466,000 FOR PROGRAM ADMINISTRATION, FOR A TOTAL PROJECTED
AMOUNT OF $4,066,000, FROM FISCAL YEAR 2013-2014 ANNUAL CONTRIBUTIONS FROM
THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT;
AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTS FOR SAID
PURPOSE.
Background Information:
The City of Miami has 416 units under Section 8 contracts.
The United States Department of Housing and Urban Development has advised the City of Miami
that the projected allocation for the Section 8 Housing Program for Fiscal Year 2013-2014 is
available in the amount of $3,600,000 for rental assistance payments and $466,000 for program
administration, for a total projected amount of $4,066,000.
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:
Final A s s rov
CIP Budget��,,
If using or receiving capital funds
Grants' '
Risk Management
Pur ',_./ Dept. Director,
C
City Manager
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