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A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, APPROVING AND AUTHORIZING THE PROPER CITY OFFICIALS TO SUBMIT A GRANT APPLICATION FOR A FLORIDA ENTITLEMENT COMMUNITY DEVELOPMENT BLOCK GRANT CORONAVIRUS RELIEF GRANT IN THE AMOUNT OF $518,561 FROM THE FLORIDA DEPARTMENT OF ECONOMIC OPPORTUNITY FOR THE PURPOSE OF OBTAINING FUNDS TO PROVIDE RELIEF OF RENTAL PAYMENTS FOR UP TO SIX MONTHS FOR LOW INCOME HOUSEHOLDS THAT HAVE LOST OR HAD THEIR INCOMES REDUCED AS A RESULT OF COVID-19 AND, IF AWARDED, AUTHORIZING THE MAYOR OR CITY MANAGER TO ACCEPT THE FUNDS AND EXECUTE ALL APPROPRIATE DOCUMENTS; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: Grant Revenue $518,561)
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(Staff Contact: Alexander Goldstein)
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Summary Explanation/Background:
The City is applying for a Florida Entitlement Community Development Block Grant Coronavirus Relief (CDBG-CV) Grant. The total grant requested amount is $518,561.00. These funds will provide relief of rental payments for up to six (6) months to alleviate the housing burden for low income households (at or below 80% AMI) that have lost or had their incomes reduced as a result of COVID-19.
Origin of request for this action: OHUI
Fiscal impact and source of funding: Grant Revenue $518,561
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