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File #: R-2015-292    Version: 1 Name: SHIP Amendment - 383
Type: Resolution Status: Passed
File created: 8/10/2015 In control: Department of Community and Economic Development
On agenda: 9/16/2015 Final action: 9/16/2015
Title: A Resolution Of The City Commission Of The City Of Hollywood, Florida, Amending The State Housing Initiatives Partnership Program (SHIP) Local Housing Assistance Plan For State Of Florida Fiscal Years 2014-2015 And 2015-2016.
Attachments: 1. Reso SHIP Amendment.pdf, 2. Exhibit A.pdf, 3. Exhibit B.pdf, 4. Exhibit C.pdf, 5. SHIPAD.pdf, 6. BIS 15-275.pdf

Title

A Resolution Of The City Commission Of The City Of Hollywood, Florida, Amending The State Housing Initiatives Partnership Program (SHIP) Local Housing Assistance Plan For State Of Florida Fiscal Years 2014-2015 And 2015-2016.

 

 

Body

 

Staff Recommends Approval of Attached Resolution.

 

 

Explanation:

The City Commission is requested to hold a public hearing on the proposed State Housing Initiative Partnership Program (SHIP) Local Housing Plan (LHAP) for State of Florida fiscal years 2014/2015 and 2015/2016.

 

The City is required to develop a one to three year plan that outlines how anticipated funds shall be expended. Typically, staff does a three year plan using the upcoming State of Florida fiscal year allocation as a baseline. As the actual allocation is revised and program income is received, staff amends the LHAP to reflect the new totals.

 

Staff proposes the following funding strategy:

 

FY 2014-2015:

 

1)                     Housing Rehabilitation Loan Assistance                     $ 845,673

2)                     Administration of Program                     $   55,094

                                          

FY 2015-2016:

 

1)                     Housing Rehabilitation Loan Assistance                     $ 656,525

2)                     Administration of Programs                     $   34,554

 

 

Recommended for inclusion on the agenda by:

Dr. Wazir A. Ishmael, City Manager

Gus Zambrano, Assistant City Manager for Sustainable Development