Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Authorizing City Staff To Identify Qualified Subrecipients To Administer The Tenant-Based Rental Assistance Program And The City Manager To Execute All Subrecipient Agreements And Amendments Using Department Of Housing And Urban Development (HUD) HOME Investment Partnerships Program Funding In An Amount Not To Exceed $424,003.13 Pursuant To Section 38.41(C)(9) Of The Procurement Code. (Best Interest)
Strategic Plan Focus
Quality of Life & Strong Neighborhoods
Body
Staff Recommends: Approval of the attached Resolution.
Explanation:
The Community Development Division is seeking Commission approval to implement the City’s HUD-approved Tenant-Based Rental Assistance (“TBRA”) Program using a total of $424,003.13 in HOME Investment Partnerships Program funding. This amount is included as part of the City’s adoption of their HUD PY 2026 Annual Action Plan.
HUD has specifically stated in guidance that "TBRA can be an effective strategy to address the housing affordability needs of low-income households, particularly in tight housing markets, or to provide immediate housing assistance while other affordable housing options are being developed". The TBRA Program provides rental subsidies to eligible low- and moderate-income households to assist with housing costs such as rent and security deposits. The program is a critical tool in the City's strategy to reduce homelessness and housing instability.
To ensure the program is administered efficiently and in compliance with HUD regulations, staff recommends engaging qualified nonprofit partners (subrecipients), including H.O.M.E.S., Inc. and Hope South Florida, with demonstrated experience managing federal rental assistance programs. Additional qualified agencies may also be considered.
Staff is requesting authorization for the City Manager or designee to execute subrecipient agreements and any necessary amendments (including time extensio...
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