Agenda Item # 11.f.
City Commission Regular Meeting - 6:00 pm
- Meeting Date:
- 09/08/2020
- Re
- Coronavirus Relief Fund (CRF) Subrecipient Agreement - Florida Housing Finance Corporation
SUBJECT:
Approve of Florida Housing Finance Corporation Subrecipient Agreement to receive Coronavirus Relief Fund (CRF) allocation in the amount of $183,812.00.
SUMMARY:
The State of Florida has allocated $120 million to be administered through the SHIP infrastructure. The overarching requirement of all funding is that it must be spent on activities necessary due to the COVID-19 emergency. So, activities such as rental and mortgage assistance (and related counseling) payments or emergency repairs for persons who have experienced a hardship that prevents them from making these payments are clearly eligible uses. This agreement allows reimbursement of SHIP funds used for our COVID-19 Rental and Mortgage Assistance Grant Program.
RECOMMENDATION:
Approve and execute contract.
ALTERNATIVES:
Deny contract and reimburse SHIP funds for Mortgage and Rental Assistance Program expenditures.
RESPONSIBLE STAFF:
Johnna Morris, Finance Director
COORDINATED WITH:
Sheila Wise, Reporting and Grants Specialist
Caleta Scott, Manager, Grants Administration Division
Caleta Scott, Manager, Grants Administration Division
Fiscal Impact
- Budgeted Y/N:
- N
- Fiscal Year:
- 2020
- Account:
- 10595025548426
- Amount:
- 183812
FISCAL IMPACT:
Coronavirus Relief Fund (CRF) Strategy 2 (SHIP) funds will reimburse current SHIP funds used for COVID19 Mortgage and Rental Assistance Grant Program.
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Finance Department | Johnna Morris | 08/27/2020 10:52 AM |
| Finance Department | Johnna Morris | 08/27/2020 11:57 AM |
| City Manager | Nick Mimms | 08/30/2020 11:50 AM |
- Form Started By:
- cscott
- Started On:
- 08/25/2020 11:48 AM
- Final Approval Date:
- 08/30/2020