Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving And Adopting Replacement Of The City's Current Housing Program Policies With Community Development Program Policies That For Housing And Other Eligible Programs, Include The Adjustment And Expansion Of Programs And The Addition, Consolidation, And Reformatting Of Policies Supported By Federal, State And Local Funding Agencies.
Strategic Plan Focus
Quality of Life & Strong Neighborhoods
Body
Staff Recommends: Approval of the attached Resolution.
Explanation:
The City receives and accepts grant funds allocated by the U.S. Department of Housing and Urban Development and the Florida Housing Finance Corporation and Local funds and provides financial and other forms of assistance to eligible parties to facilitate housing development, housing rehabilitation, rental assistance, purchase assistance, property acquisition, public services, public improvements, and other eligible programs with the utilization of federal and state grant funds as well as other funds. The various funding sources require participating jurisdictions to administer programs in accordance with locally adopted policies. On October 7, 2020, the City Commission passed and adopted Resolution No. R-2020-246 approving and adopting the most recent Amended and Restated Policy Governing the City's Housing Programs.
Policy modifications are necessary to ensure compliance with the supporting funding agencies and increase access to various housing and other programs. The replacement of housing policies with community development policies will allow for the reformatting, consolidation, and inclusion of all community development programs, funding sources, requirements, regulatory language, adjustments, and the expansion of existing programs.
Florida Housing administers the State Housing Initiatives Partnership program ("SHIP"), which provides funds to local governments as an incentive to create partnerships that pr...
Click here for full text