Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving Administrative Policies Governing Affordable Housing Programs Funded Pursuant To The Interlocal Agreement Among Broward County, The City Of Hollywood And The Hollywood Community Redevelopment Agency.
Body
Staff Recommends: Approval of Attached Resolution.
Explanation:
On or about October 3, 2018 the City Commission approved Resolution R-2018-324 authorizing the appropriate City officials to execute an Interlocal Agreement (ILA) among Broward County, the City of Hollywood and the Hollywood Community Redevelopment Agency, wherein County Contribution Funding (CCF) is available to the City to support affordable housing, infrastructure and work skills programs.
The attached administrative policies have been drafted to govern affordable housing programs funded pursuant to the ILA. ILA programs will be carried out exclusively within the Low- to Moderate-Income Areas designated in the Agreement. The programs are listed below.
• Single family, Owner-Occupied Housing Rehabilitation
• Single Family Rental Housing Rehabilitation
• Multi-family (two to four units) Rental Housing Rehabilitation
• First-Time Homebuyer Purchase Assistance
The proposed policies address the following areas, among others: inspection, monitoring, reporting; contractor selection; the order and level of assistance; eligibility criteria; rehabilitation standards; affordability periods; financial aspects.
This is the initial phase of policy development. It is anticipated that future iterations of the policies will encompass additional affordable housing and work skills programs, and will also address the infrastructure aspect of the ILA.
Recommended for inclusion on the agenda by:
Clay Milan, Manager, Community Development Division
Shiv Newaldass, Director, Department of Development Services
Gus Zambrano, Assistant City Manager for Sustainable Development