Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving And Authorizing The Appropriate City Officials To Execute A Sixth Amendment To The Home Agreement With Hope South Florida, Inc. To Extend The Term Of The Agreement To Continue To Provide Tenant Based Rental Assistance And Expand The Eligible Participant Base To Include Persons Financially Impacted By The COVID-19 Health Emergency And Increase The Total Funding For Program Years 2020-2021 And 2021-2022 From $815,896.00 To $1,123,682.24.
Strategic Plan Focus
Quality of Life & Strong Neighborhoods
Body
Staff Recommends: Approval of the attached Resolution.
Explanation:
HOME funds are used to expand the supply of decent, safe, sanitary, and affordable housing, with primary attention given to rental housing for very low-income and low-income families.
The leading cause of homelessness in Broward County is the lack of jobs/employment/financial capacity and the COVID-19 Health Emergency has caused an additional financial impact on Hollywood residents.
The Community Development Division seeks to reduce the incidence of homelessness in Hollywood by providing Tenant Based Rental Assistance.
The City has had a long standing relationship with HOPE South Florida to provide Tenant Based Rental Assistance for individuals and households that have been referred as part of the Broward County Continuum of Care system. This resolution expands the eligible participant base to include persons financially impacted by the COVID-19 HEALTH EMERGENCY and increase the total funding for program years 2020-2021 and 2021-2022 from $815,896.00 to $1,123,682.24.
Fiscal Impact:
The Department of Development Services/Community Development Division will manage an agreement with HOPE funded by HOME funds. Funding for this sixth amendment to the agreement in the amount of $307,786.24 is available in account number 111.160201.55400.583230.001327.000.000.
Recommended for inclusion on the agenda by:
Anthony Grisby, Community Development Manager
Shiv Newaldass, Director, Department of Development Services
Gus Zambrano, Assistant City Manager for Sustainable Development