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File #: R-2020-177    Version: 1 Name: 1st Amendment Hope Rent and Utility Assistance
Type: Resolution Status: Passed
File created: 7/29/2020 In control: Community Development Division
On agenda: 8/26/2020 Final action: 8/26/2020
Title: A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving And Authorizing The Appropriate City Officials To Execute A First Amendment To The Agreement With HOPE South Florida, Inc. To Provide Rent And Utility Assistance Utilizing State Housing Initiatives Partnership Funds In An Amount Not To Exceed $510,000.00.
Attachments: 1. Reso 1st Amendment Hope Rent and Utility.pdf, 2. 1st Amendment Hope Rent and Utility Agreement.pdf, 3. TermSheetHOPESOUTHFIRSTAMENDMENTTOSHIPRENTANDUTILITYASSISTANCE.pdf
Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving And Authorizing The Appropriate City Officials To Execute A First Amendment To The Agreement With HOPE South Florida, Inc. To Provide Rent And Utility Assistance Utilizing State Housing Initiatives Partnership Funds In An Amount Not To Exceed $510,000.00.


Strategic Plan Focus
Quality of Life & Strong Neighborhoods


Body

Staff Recommends: Approval of Attached Resolution.


Explanation:
The City is a participant in the State Housing Initiatives Partnership ("SHIP") program as provided in Section 420.907, et. seq., Florida Statutes, and Rule 67-37, Florida Administrative Code, and has adopted a Local Housing Assistance Plan ("LHAP").

On June 20, 2018, the City Commission passed and adopted Resolution No. R-2018-208, approving an amendment to the LHAP for State of Florida Fiscal Years 2016-2017, 2017-2018, and 2018-2019, including a Disaster Assistance Strategy that provides rental assistance, security and/or utility deposits and rapid re-housing.

On June 26, 2020, the City Commission passed and adopted Resolution No. R-2020-138 retaining HOPE South Florida, Inc. ("HOPE") to administer a program that provided three months' rent and utility assistance not to exceed $5,000.00 to persons financially impacted by the COVID-19 Health Emergency.

Due to the continued financial impact of the COVID-19 Health Emergency, the Department of Development Services/Community Development Division desires to amend the agreement with HOPE to increase the maximum amount of assistance to eligible beneficiaries to six months' rent and utility assistance not to exceed $10,000.00.


Fiscal Impact:

Funding is available in account number 164.160301.55400.583230.001020.000.000. The terms of the amendment does not change the amount of funds available for the program as approved by Resolution No. R-2020-138.


Recommended for inclusion on the agenda by:
Anthony Grisby, Manager, Community Development ...

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