Broward County Commission Regular Meeting
Director's Name: Leonard Vialpando
Department: Resilient Environment Division: Housing Finance Division
Information
Requested Action
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MOTION TO ADOPT budget Resolution (Exhibit 1) within the SHIP Local Housing Assistance Trust Fund, to appropriate, recognize and implement State Housing Initiatives Partnership Program ("SHIP Program) revenue in the amount of $4,057,947 for Fiscal Year 2024-2025; and authorize the County Administrator to take all necessary administrative and budgetary actions to implement same.
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Why Action is Necessary
Board action is required to approve unanticipated revenue resolutions and to appropriate unanticipated funds.
What Action Accomplishes
This action allows the County to recognize the SHIP Program unanticipated revenue, appropriate the unanticipated revenue to SHIP Program strategies, and continue to implement and administer the SHIP Program.
Goal Related Icon(s)
?County Commission
?Go Green
?MAP Broward
Previous Action Taken
None taken.
Summary Explanation/Background
THE RESILIENT ENVIRONMENT DEPARTMENT AND THE HOUSING FINANCE DIVISION RECOMMEND APPROVAL OF THE ABOVE MOTION.
This item supports the Board's vision of, "offering sustainable, compatible, innovative housing options for all income levels, including integrated, permanent supportive housing and rapid rehousing," and is corresponding goal to "strengthen stakeholder partnerships to increase the availability of affordable housing of all types (e.g., rental, purchase, supporting, etc.) countywide, in every community."
The Broward County SHIP allocation for Fiscal Year 2024-2025 from the State of Florida is in the amount of $2,656,437 for the following strategies: Special Needs/Barrier Free Housing, Home Repair Assistance, and Purchase Assistance. In addition, the Cities of Coconut Creek, Margate and Weston have entered into interlocal agreements with the County to implement and administer their res...
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