HomeMy WebLinkAboutSummary FormDate: 01-06-201 5
AGENDA ITER SU MVIARY FORM
FILE. ID: 1 5OOO "4
Law Department
Matter ID No.
Requesting Department; Cormnunity & Economic Development
Commission Meeting Date: 02-26-2015 District Impacted: 1,2,3,4,5
Type: Z Resolution Ordinance Emergency Ordinance Discussion item
E Other
Subject: Accepting U.S. "IUD Entitlement Grant Funds: 2015-2016
Purpose of Item:
AUTHORIZING THE ACCEPTANCE OF•U. S. DEPARTMENT OF HOUSING AND URBAN
DEVELOPMENT (HUD) ENTITLEMENT GRANT FUNDS, IN THE TOTAL PROJECTED AMOUNT
OF $20,791,943, AS STATED HEREIN, FOR THE FOLLOWING PROGRAMS: COMMUNITY
DEVELOPMENT BLOCK GRANT ("CDBG"), HOME INVESTMENT PARTNERSHIPS ("HOME"),
HOUSING OPPORTUNITIES FOR PERSONS WITH AIDS ("HOPWA"), AND THE EMERGENCY
SOLUTIONS GRANT ("ESG"), FOR PROGRAM YEAR 2015-2016; AUTHORIZING THE CITY
MANAGER TO EXECUTE THE NECESSARY DOCUMENT(S) TO IMPLEMENT THE.
ACCEPTANCE OF THE ACTUAL AMOUNTS OF GRANT FUNDS WHEN MADE AVAILABLE FOR
SAID PURPOSE.
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:
OP Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact;
$20,791,943
Final Approvals
(SIGN AND DATE)
CIP Budge°""
If using or i+eceivinr; capital funds
Grants Risk Management
Purchasing Dept. Director
Chief 1- IL City Manag r-
Nam 1 of
AGENDA ITEM SUMMARY FORM CONTINUED
Background Information:
The U. S. Department of Housing and Urban Development ("HUD") provides the City of Miami
("City") entitlement grants annually under the following programs: CDBG, HOME, HOPWA,, and the
ESG.
HUD has not yet allocated funds for the program year 2015-2016, but pursuant to HUD regulations
the previous year's allocation can be used as a projection for planning purposes.
Projected funds to be granted to the City under said programs are: (1) $4,809,641 to the CDBG
Program, (2) $2,756,727 to the HOME Program (3) $12,826,037 to the HOPWA Program, and (4)
$399,538 to the ESG Program,
The Administration recommends accepting HUD Entitlement Grant Funds, in the total projected,
amount of $20,791,943 as stated herein, for the following programs: CDBG, HOME, HOPVVA, and
ESG for Fiscal Year 2015-2016.