Broward County Commission Regular Meeting
Director's Name: Leonard Vialpando
Department: Resilient Environment Division: Housing Finance Division
Information
Requested Action
title
A. MOTION TO ACCEPT grant award from the Florida Housing Finance Corporation to appropriate revenue within the SHIP Local Housing Assistance Trust Fund in the amount of $160,851 in disaster relief funds for Fiscal Year 2019-2020 for the purpose of accepting Broward County and the Cities of Margate and Weston’s State Housing Initiatives Partnership (SHIP) Program funds; and authorizing the County Administrator to take all the necessary administrative and budgetary actions to appropriate said funds for implementation of the SHIP Program.
ACTION: (T-10:50 AM) Approved.
VOTE: 7-0. Commissioner Moskowitz was not present.
B. MOTION TO ACCEPT grant award from the Florida Housing Finance Corporation to appropriate revenue within the SHIP Local Housing Assistance Trust Fund in the amount of $34,696 in disaster relief funds for Fiscal Year 2019-2020 for the purpose of accepting City of Coconut Creek’s State Housing Initiatives Partnership (SHIP) Program funds; and authorizing the County Administrator to take all the necessary administrative and budgetary actions to appropriate said funds for implementation of the SHIP Program.
ACTION: (T-10:50 AM) Approved.
VOTE: 7-0. Commissioner Moskowitz was not present.
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Why Action is Necessary
Board action is required to accept grant awards to appropriate the unanticipated funds.
What Action Accomplishes
This action allows the County to recognize the SHIP Program unanticipated revenues, appropriate the unanticipated revenues to SHIP Program strategies, and continue to implement and administer the SHIP Program.
Is this Action Goal Related
Yes
Previous Action Taken
None taken.
Summary Explanation/Background
THE RESILIENT ENVIRONMENT DEPARTMENT AND THE HOUSING FINANCE DIVISION RECOMMEND APPROVAL OF THE ABOVE MOTIONS.
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.”
Motion A. The SHIP Program funds being recognized for the SHIP Fiscal Year 2019-2020 are in the amount of $160,851 and represent additional funds from the Florida Housing Finance Corporation’s (“Corporation”) initial allocation of July 1, 2019.
The Corporation, as the State’s administrator of SHIP funds, retains $5,000,000 for natural disaster relief annually. No natural disaster occurred during July 1, 2019, through June 30, 2020; therefore, the Corporation allocated the $5,000,000 to the 119 SHIP jurisdictions of which Broward County’s portion is $117,607, the City of Margate’s portion is $20,115, and the City of Weston’s portion is $23,129. Broward County’s share of the allocated funds in the amount of $117,607 will be available for the Purchase Assistance Strategy. The Cities of Margate and Weston have entered into interlocal agreements with the County to implement and administer their respective allocated SHIP Program funds. The City of Margate’s share of $20,115 will be available for the Special Needs/Barrier Free Housing Strategy. The City of Weston’s share of $23,129 will be available for the Purchase Assistance Strategy.
Ten percent (10%) or $16,085 of the combined allocation of Broward County's allocation of $117,607 plus the City of Margate's allocation of $20,115 and the City of Weston’s allocation of $23,129 for SHIP Fiscal Year 2019-2020 funding is allocated for administration.
Motion B. The City of Coconut Creek has entered into an interlocal agreement with the County to implement and administer its allocated SHIP Program funds. The City’s SHIP Program funds being recognized for the SHIP Fiscal Year 2019-2020 are in the amount of $34,696 and represent additional funds from the Corporation’s initial July 1, 2019, allocation.
The Corporation, as the State’s administrator of SHIP funds, retains $5,000,000 for natural disaster relief annually. No natural disaster occurred during July 1, 2019, through June 30, 2020; therefore, the Corporation allocated the $5,000,000 to the 119 SHIP jurisdictions of which the City of Coconut’s Creek portion was $34,696 which will be available for the Purchase Assistance Strategy.
Ten percent (10%) or $3,469 is allocated for administration.
Source of Additional Information
Ralph Stone, Director, Housing Finance Division, (954) 357-5320
Fiscal Impact
Fiscal Impact/Cost Summary
No fiscal impact to County. The $160,851 and $34,696 in State of Florida funding will be dispersed from the SHIP Local Housing Trust Fund.