Broward County Commission Regular Meeting
Director's Name: Leonard Vialpando
Department: Environmental Protection Division: Housing Finance & Comm. Redevelopment
Information
Requested Action
title
MOTION TO AUTHORIZE County Administrator to execute agreements, subject to approval as to form and legal sufficiency by the Office of the County Attorney, related to Neighborhood Stabilization Program (NSP) funding in the amount of $1,200,000, to be awarded to Habitat for Humanity of Broward, Inc. (HFH), for NSP eligible activities; authorizing the County Administrator to take the necessary administrative and budgetary actions including non-monetary reinstatements and amendments related to the NSP funding awarded to HFH.
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Why Action is Necessary
Board action is required to approve agreements with outside agencies.
What Action Accomplishes
Approves the use of $1,200,000 in NSP funds and the preparation and execution of an agreement with HFH for NSP eligible activities of acquisition, renovation, sale, or lease of foreclosed residential properties to eligible buyer or renters.
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 value to offer "sustainable, compatible, innovative housing options for all income levels" and the corresponding goal to "increase the availability of affordable housing of all types, countywide, in every community using effective, uniform criteria, policies and strategies."
Congress established the Neighborhood Stabilization Program (NSP) for the purpose of stabilizing communities impacted by foreclosures and abandonment in 2008. Broward County was awarded $17,767,589 in federal NSP1 grant funds, of which $253,161 are unexpended. Broward County also received $5,457...
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