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File #: R-2020-248    Version: 1 Name: Hope So FL County CRF Funding
Type: Resolution Status: Passed
File created: 9/28/2020 In control: Community Development Division
On agenda: 10/7/2020 Final action: 10/7/2020
Title: A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving And Authorizing The Appropriate City Officials To Execute A Coronavirus Relief Funds Sub-Grantee Agreement With Hope South Florida, Inc. To Provide Re-Housing And Eviction Prevention Assistance Utilizing Broward County Coronavirus Relief Funds In An Amount Not To Exceed $300,000.00.
Attachments: 1. Reso Hope So FL County CRF Funding.pdf, 2. Hope So FL County CRF Funding Agreement.pdf, 3. TermSheetHOPESOUTHBROWARDCOUNTYCARESACTFUNDING300000.pdf

Title

A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving And Authorizing The Appropriate City Officials To Execute A Coronavirus Relief Funds Sub-Grantee Agreement With Hope South Florida, Inc. To Provide Re-Housing And Eviction Prevention Assistance Utilizing Broward County Coronavirus Relief Funds In An Amount Not To Exceed $300,000.00.

 

 

Strategic Plan Focus

Quality of Life & Strong Neighborhoods

 

 

Body

 

Staff Recommends: Approval of Attached Resolution.

 

 

Explanation:

Broward County qualified for a direct payment allocation and received $340,744,702.00 in funding from the Department of the Treasury under the Coronavirus Relief Funds (CRF) program.

 

On September 16, 2020, the City Commission passed and adopted Resolution No. R-2020-230 that approved the execution of a Subaward Agreement with Broward County for the distribution of CARES Act Funding in the amount of $8,195,497.46 to be utilized for Projects identified in the Agreement.

 

The attached resolution requests that the City Commission retains HOPE South Florida, Inc. to administer Re-Housing and Eviction Prevention activities to benefit Hollywood residents who have been impacted by COVID-19. The sub-grantee will be supported with funds in an amount not to exceed $300,000.00, and the City will be reimbursed via the County’s CRF funds. 

 

 

Fiscal Impact:

Funding in the amount of $300,000.00 is available in account number 168.190108.52500.546606.001346.000.000. Per the CRF agreement, all CRF funding must be expended by December 30, 2020.  Additionally, administrative expenditures may not exceed 10% of the funding allocation.

 

Recommended for inclusion on the agenda by:

Anthony Grisby, Manager, Community Development Division Manager

Shiv Newaldass, Director, of the Department of Development Services

Gus Zambrano, Assistant City Manager for Sustainable Development