HomeMy WebLinkAboutSummary FormFILE ID:
Date: 10/25/2013
AGENDA ITEM SUMMARY FORM
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Law Department
Matter ID No.
Requesting Department: Community Development
Commission Meeting Date: 12/12/2013 District Impacted: 1,2,3,4,5
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: SECTION 8 FUNDING: 2014-2015
Purpose of Item:
AUTHORIZING THE ACCEPTANCE OF SECTION 8 HOUSING PROGRAM FUNDS, IN THE
PROJECTED AMOUNT OF $3,800,000 FOR RENTAL ASSISTANCE, AND IN THE PROJECTED
AMOUNT OF $400,000 FOR PROGRAM ADMINISTRATION, FOR A TOTAL PROJECTED
AMOUNT OF $4,200,000, FROM FISCAL YEAR 2014-2015 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 2014-2015 is
available in the amount of $3,800,000 for rental assistance payments and $400,000 for program
administration, for a total projected amount of $4,200,000.
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 Approvals
(SIGN AND DATE)
CIP Budge
If using or receiving capital funds
Grants
Purchas.
Risk Management
Dept. Director
City Manager,
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