Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving The State Housing Initiatives Partnership Program Final Annual Report For Fiscal Year 2019/2020 And Interim Annual Report For Fiscal Year 2020/2021 To The Florida Housing Finance Corporation Pursuant To The State Housing Initiatives Partnership Program Act; And Authorizing The Appropriate City Officials To Execute All Required Documents And Certifications.
Strategic Plan Focus
Quality of Life & Strong Neighborhoods
Body
Staff Recommends: Approval of Attached Resolution.
Explanation:
The State Housing Initiatives Partnership ("SHIP Act"), Sections 420.907 through 420.9079, Florida Statutes and Rule 67-37, Florida Administrative Code, require local governments to develop a one- to three-year Local Housing Assistance Plan outlining how allocated funds will be used and requiring local governments to annually report on the new and existing housing that benefits from awards made pursuant to the SHIP Act.
To meet this requirement, the Community Development Division has prepared the attached State Housing Initiatives Partnership Program Final Annual Report for Fiscal Year 2019/2020 and Interim Annual Report for Fiscal Year 2020/2021 ("SHIP-AR") for transmittal to the Florida Housing Finance Corporation.
The City Commission finds that it is in the best interest of the citizens and residents of the City of Hollywood to submit the attached SHIP-AR for review and approval by the Florida Housing Finance Corporation to satisfy the requirements of the SHIP Act.
The Community Development Division recommends the approval of the attached SHIP-AR and the authorization of the appropriate City officials to execute all documents and certifications required by the Florida Housing Finance Corporation related to the attached SHIP-AR and to take such actions necessary to implement the attached SHIP-AR.
Fiscal Impact:
Approval of this resolution will not fiscally impact the City as this is to a request to submit the SHIP-AR for review and approval by the Florida Housing Finance Corporation.
Recommended for inclusion on the agenda by:
Ryon Coote, Community Development Division Manager
Raelin Storey, Assistant City Manager