Title
RESOLUTION NO. 20R-06-91: A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LAUDERHILL APPROVING THE SUBSTANTIAL AMENDMENT AND SUPPORTING DOCUMENTS FOR INCORPORATION OF CARES ACT FUNDING INTO THE CITY OF LAUDERHILL’S COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) APPROVED FIFTH-YEAR 2019 ANNUAL ACTION PLAN AND FUNDING ALLOCATION OF $447,411.00 DUE TO COVID-19; AUTHORIZING THE CITY MANAGER TO SUBMIT THE PLAN TO THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD); PROVIDING FOR AN EFFECTIVE DATE (REQUESTED BY INTERIM CITY MANAGER, DESORAE GILES-SMITH).
Body
Request Action:
A RESOLUTION IS REQUESTED OF THE CITY COMMISSION TO APPROVE AND SUBMIT THE SUBSTANTIAL AMENDMENT TO THE CITY’S CDBG ANNUAL ACTION PLAN FOR FISCAL YEAR 2019 TO INCORPORATE CARES ACT (CDBG-CV) FUNDING.
Need:
APPROVAL IS REQUIRED TO AMEND THE CITY’S CURRENT 2019 ACTION PLAN TO INCORPORATE CARES ACT CDBG-CV FUNDING. HUD REQUIRES APPROVAL OF A MUNICIPALITY’S GOVERNING BOARD FOR ALL FUNDING AGREEMENTS AND SUBSTANTIAL AMENDMENTS.
Summary Explanation/ Background:
ON OR AROUND MAY 11, 2020 THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT SECRETARY BEN CARSON ANNOUNCED THE ALLOCATION OF A THIRD WAVE IN CARES ACT CORONAVIRUS RELIEF FUNDING. THIS WAS TOTALING $1 BILLION IS THROUGH THE COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) PROGRAM. HUD HAS PROVIDED OVER $3 BILLION IN CDBG FUNDING NATIONWIDE TO HELP COMMUNITIES ACUTELY COMBAT CORONAVIRUS AND ALLEVIATE ECONOMIC HARDSHIP.
THE CITY OF LAUDERHILL HAS BEEN ALLOCATED FUNDING FROM THE FEDERAL GOVERNMENT’S CDBG DISASTER RECOVERY GRANT DUE TO THE COVID-19 PANDEMIC. THE ALLOCATION FORMULA USES VARIABLES FOCUSING ON PUBLIC HEALTH NEEDS, RISK OF TRANSMISSION OF CORONAVIRUS, RATE OR CORONAVIRUS CASES, AND ECONOMIC DISRUPTION.
FUNDS WILL BE USED FOR COVID-19 RELIEF INITIATIVES TO PROVIDE SMALL BUSINESS ASSISTANCE, A ONE-TIME EMERGENCY HOUSING ASSISTANCE PAYMENT, AND FINANCIAL COUNSELING FOR ENTITIES AND FAMILIES IMPACTED BY ECONOMIC AND ...
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