Loading...
LTC 262-2020 State of Florida Distributes Corona Relief Funds (CRF) for Rent and Mortgage Assistance to ResidentsDocuSign Envelope ID: 0FDD 3C66-DF 56-487D-8AD 8-171EF 532AA7D MAI MI OFFICE OF THE CITY MANAGER 262-2020 NO. LTC# LETTER TO COMMISSION TO: FROM: DATE: Mayor Dan Gelber and Members 9f thg City Commission Jimmy L. Morales., Cy Manager [_/0 July 20, 2020 SUBJECT: State of Florida Distributes Corona Relief Funds (CRF) for Rent and Mortgage Assistance to Residents The State of Florida has been awarded funding through the Coronavirus Relief Funds (CRF). The state is releasing $120 million of these funds for disbursement through the State Housing Incentives Program (SHIP) infrastructure. This funding, while not specifically SHIP, will carry some of the programmatic process and restrictions for ease of administration and entitlement communities. The funds are required to be allocated based on calculations related to the reemployment rate within each county. Once a county allocation is calculated, it is disbursed to the county and eligible cities using the SHIP population methodology. Funds will be disbursed in two rounds of payments. The first will be sent to the local governments as soon as an executed subrecipient agreement is in place. Florida Housing Finance Corporation (FHFC) anticipates that the second payment will be made in September or October 2020. The City of Miami Beach is expected to receive $247,500 for activities such as rental and mortgage assistance payments, as stated in Exhibit A. All funds including any interest earned on the funds, must be fully expended by December 30, 2020. This is a federal requirement and there is no anticipation of an extension of that deadline. Any funds not expended by that date will be required to be returned to Florida Housing and subsequent return to the US Treasury. Ten percent (10%) of the allocation may be utilized for administrative costs, as well as any reasonable project delivery fees incurred through the use of a third-party organization that is assisting with this funding. Since these are federal funds, the provisions of the Uniform Guidance (2 CFR Part 200) apply. Training and technical assistance regarding the funding's eligible uses, requirements, and administration will be available in the coming weeks. The training and technical assistance will be provided by the Florida Housing Coalition and will be the most effective way of getting the detailed information needed to implement and administer these funds. The City's Local Housing Assistance Plan (LHAP) was revised and approved by City Commission and Florida Housing Finance Corporation to include up to three (3) months' of rent and mortgage assistance under the Disaster Repair strategy. The maximum value of awards for rent and mortgage assistance will be $5,000 per household. DocuSign Envelope ID: 0FDD3 C66-D F56-487D-8AD8 -171EF532AA 7D Exhibit A COVID-19 Housing Assistance Program - Rent and Mortgage Assistance Strategy Initial Allocation Local Government County Total County Share/ City Share ALACHUA 703,837 353,326 Gainesville 350,511 BAKER 240,768 240,768 BAY 638,269 512,530 Panama City 125,739 BRADFORD 240,768 240,768 BREVARD 1,764,203 975,605 Cocoa 58,219 Melbourne 246,988 Palm Bay 342,255 Titusville 141,136 BROWARD 7,500,000 1,342,500 Coconut Creek 232,500 Coral Springs 502,500 Davie 405,000 Deerfield Beach 307,500 Fort Lauderdale 727,500 Hollywood 592,500 Lauderhill 285,000 Margate 232,500 Miramar 540,000 Pembroke Pines 660,000 Plantation 352,500 Pompano Beach 435,000 Sunrise 367,500 Tamarac 255,000 Weston 262,500 CALHOUN 175,000 175,000 CHARLOTTE 638,069 567,881 Punta Gorda 70,188 CITRUS 440,765 440,765 CLAY 572,502 572,502 COLLIER 1,169,599 1,104,101 Naples 65,498 COLUMBIA 306,536 306,536 DESOTO 240,768 240,768 DIXIE 175,000 175,000 DUVAL 2,627,267 2,627,267 ESCAMBIA 903,834 748,375 Pensacola 155,459 Local Government County Total County Share/ City Share FLAGLER 440,765 95,205 Palm Coast 345,560 FRANKLIN 175,000 175,000 GADSDEN 240,768 240,768 GILCHRIST 175,000 175,000 GLADES 175,000 175,000 GULF 175,000 175,000 HAMILTON 175,000 175,000 HARDEE 175,200 175,200 HENDRY 240,768 240,768 HERNANDO 638,069 638,069 HIGHLANDS 309,029 309,029 HILLSBOROUGH 4,284,932 3,128,000 Tampa 1,156,932 HOLMES 175,000 175,000 INDIAN RIVER 572,301 572,301 JACKSON 240,768 240,768 JEFFERSON 175,000 175,000 LAFAYETTE 175,000 175,000 LAKE 1,366,903 1,366,903 LEE 2,359,009 1,479,099 Cape Coral 596,829 Fort Myers 283,081 LEON 769,805 261,734 Tallahassee 508,071 LEVY 240,768 240,768 LIBERTY 175,000 175,000 MADISON 175,000 175,000 MANATEE 1,169,599 997,668 Bradenton 171,931 MARION 901,341 747,212 Ocala 154,129 MARTIN 572,301 572,301 MIAMI-DADE 7,500,000 4,822,500 Hialeah 637,500 Miami 1,312,500 Miami Beach 247,500 Miami Gardens 307,500 North Miami 172,500 MONROE 638,069 638,069 $ Local Government County Total County Share/ City Share NASSAU 372,504 372,504 OKALOOSA 704,037 630,817 Fort Walton Beach 73,220 OKEECHOBEE 240,768 240,768 ORANGE 7,263,543 5,730,935 Orlando 1,532,608 OSCEOLA 2,493,238 1,989,604 Kissimmee 503,634 PALM BEACH 4,882,029 3,685,932 Boca Raton 317,332 Boynton Beach 263,630 Delray Beach 224,573 West Palm Beach 390,562 PASCO 1,566,900 1,566,900 PINELLAS 3,156,103 1,641,174 Clearwater 375,576 Largo 271,425 St. Petersburg 867,928 POLK 2,427,270 1,890,843 Lakeland 378,654 Winter Haven 157,773 PUTNAM 306,536 306,536 ST. JOHNS 506,533 506,533 ST. LUCIE 1,303,628 311,567 Fort Pierce 183,812 Port St. Lucie 808,249 SANTA ROSA 1,632,668 1,632,668 SARASOTA 772,298 669,582 Sarasota 102,716 SEMINOLE 1,101,338 1,101,338 SUMTER 309,029 309,029 SUWANNEE 240,768 240,768 TAYLOR 175,200 175,200 UNION 175,000 175,000 VOLUSIA 1,766,697 1,245,522 Daytona Beach 220,837 Deltona 300,338 WAKULLA 240,768 240,768 WALTON 374,797 374,797 WASHINGTON 240,768 240,768 TOTAL 75,000,000 75,000,000 75,000,000 7/6/2020