Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving And Authorizing Amendments To The State Housing Initiatives Partnership Program (SHIP) Local Housing Assistance Plan For State Of Florida Fiscal Years 2013-2014 And 2014-2015; Amending The Budget Of The Local Housing Assistance Trust Fund, Fund 64, Of The Fiscal Year 2015 Operating Budget, As Approved By Resolution R-2014-282, As Amended, As Detailed In The Attached Exhibit 1; Revising Operating Revenues; Authorizing Budgetary Transfers; Reauthorizing And Re-Appropriating Certain Funding; Authorizing The Department Of Financial Services To Establish Certain Accounts As Necessary And Providing An Effective Date.
Body
Staff Recommends: Approval of attached Resolution.
Explanation:
The Local Housing Assistance Plan (LHAP) is a plan of action and anticipated budgets over a three year period.
This resolution recognizes program income and the actual allocation received for two of the three program years. The respective adjustments are illustrated in the attached "Housing Goals Charts".
It is recommended that after the public hearing the City Commission adopt the resolution approving the program amendments.
Recommended for inclusion on the agenda by:
Dr. Wazir Ishmael, City Manager
Davon Barbour, Director, Community & Economic Development