Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving And Authorizing The Appropriate City Officials To Execute The Attached Second Amendment To The Hollywood HOME Agreement For Tenant-Based Rental Assistance Between The City Of Hollywood And Hope South Florida, Inc. To Increase The Funding Allocation To Facilitate Additional Tenant-Based Rental Assistance To Eligible Participants Within The City Of Hollywood; And Providing An Effective Date.
Body
Staff Recommends: Approval of Attached Resolution.
Explanation:
The attached item involves amending an existing agreement between the City of Hollywood and HOPE South Florida, Inc., a provider of Tenant-Based Rental Assistance (TBRA).
One component of the City's strategy to reduce homelessness is Tenant-Based Rental Assistance (TBRA). The strategy compliments Broward County's Ten Year Plan to End Homelessness. On March 5, 2014, the City Commission passed and adopted Resolution No. R -2014-047 which authorized the execution of a HOME funding Agreement with HOPE South Florida, Inc. to provide TBRA to individuals and households referred via the Broward County Continuum of Care system.
On May 20, 2015 the City Commission approved amending the Agreement to increase the total amount of HOME funding allocated for TBRA to $341,000.00 and to extend the term of the agreement to September 30, 2018. Based on continuing and growing need, staff proposes to expand the availability of TBRA by amending the existing agreement with HOPE South Florida, Inc. to increase funding to a total of $439,000.00 through the remainder off the contract.
Staff recommends approval of the attached Resolution authorizing execution of the Second Amendment to the Home Agreement with HOPE South Florida, Inc. Fiscal Year 2013-2014 HOME Allocation and Fiscal Year 2014-2015 Program Income is available in account number 11.1500.60597.554.008322 and the recommended course of action will enable Com...
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