Broward County Commission Regular Meeting
Director's Name: Henry A. Sniezek
Department: Environmental Protection Division: Housing Finance & Comm. Redevelopment
Information
Requested Action
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MOTION TO APPROVE First Amendment to Agreement between Broward County and Broward County Minority Builders Coalition, Inc. for State Housing Initiatives Partnership (SHIP) Program Minor Home Repair Strategy Fiscal Year 2018 Funding, increasing the original agreement by $107,500 from the original amount of $800,000 (“First Amendment”), for a total amended amount of $907,500, in SHIP grant funds and authorize the Mayor and Clerk to execute same.
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Why Action is Necessary
Board action is required to approve funding increases to existing agreements.
What Action Accomplishes
Approves the First Amendment to provide additional SHIP funding to the Broward County Minority Builders Coalition, Inc. Agreement to complete minor home repair activities for additional projects.
Is this Action Goal Related
Yes
Previous Action Taken
No previous action.
Summary Explanation/Background
THE ENVIRONMENTAL PROTECTION AND GROWTH MANAGEMENT DEPARTMENT AND THE HOUSING FINANCE AND COMMUNITY REDEVELOPMENT 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 its 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.”
On April 24, 2018 (Item No.16), the Broward County Board of County Commissioners (“Board”) adopted Resolution No. 2018-204, approving the allocation of $800,000, of State Housing Initiatives Partnership (“SHIP”) funding to the Broward County Minority Builders Coalition, Inc. (“BCMBC”).
Broward County (“County”) and BCMBC entered into an agreement wherein the BCMBC serves as a project management agency for County’s SHIP Minor Home Repair Strategy to provide services to owner-occupied homes of qualified very low, low, and moderate-income households. Three additional projects will be completed by BCMBC. This item approves a first amendment to provide an additional $107,500 in SHIP funds to BCMBC to assist it in completing the additional projects resulting in a total agreement amount of $907,500.
Source of Additional Information
Ralph Stone, Director, Housing Finance and Community Development Division, (954) 357-5320
Fiscal Impact
Fiscal Impact/Cost Summary
No fiscal impact. The funds in the amount of $107,500 will be disbursed from the Broward County SHIP Local Housing Trust Fund.