Agenda

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County Administrator's Report 12. 2.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	08/06/2020
Issue: Coronavirus Relief Fund Subrecipient Agreement with Florida Housing Finance Corporation
From:	CLARA LONG
Department:	Neighborhood & Human Svcs
CAO Approval:

RECOMMENDATION:

Recommendation Concerning the Coronavirus Relief Fund Subrecipient Agreement with Florida Housing Finance Corporation - Clara Long, Neighborhood & Human Services Department Director

That the Board take the following action concerning the Coronavirus Relief Fund Subrecipient Agreement with Florida Housing Finance Corporation:

A. Authorize the Chairman to sign the Coronavirus Relief Fund (CRF) Subrecipient Agreement with Florida Housing Finance Corporation in order to receive $903,834 in CRF funds;

B. Authorize the Chairman or County Administrator to sign any subsequent Amendments to the Agreement as required;

C. Approve the general activities of rent, mortgage, and utility assistance and emergency repair assistance in response to the COVID-19 pandemic as permitted under the funds; and

D. Authorize the County Administrator and/or Project Administrator, as appropriate, to execute documents relating to implementation and completion of the Agreement.

[Funding: Fund 110/CARES-CRF-FHFC Housing, Cost Center 370239]

BACKGROUND:

As part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the County will receive $903,834 in Coronavirus Relief Funds (CRF) from Florida Housing Finance Corporation (FHFC). FHFC is distributing the funds to State Housing Initiatives Partnership (SHIP) Program eligible local governments. Funds must be used specifically to assist housing needs of residents impacted by COVID-19 with incomes at or below 120% of area median income, to include rent, mortgage, and utility assistance, as well as emergency housing repairs. All funds must be expended by December 30, 2020. At least $155,459 of the funding must be utilized for households within the City of Pensacola limits.

BUDGETARY IMPACT:

The CRF allocation is $903,834. A separate Budget Amendment is being provided to the Board to recognize and appropriate funds. Funds will be advanced from the State after submission of the Subrecipient Agreement.

LEGAL CONSIDERATIONS/SIGN-OFF:

The Subrecipient Agreement has been reviewed and approved by Alison Rogers, County Attorney.

PERSONNEL:

Activities undertaken with this funding will be overseen by Neighborhood & Human Services Department staff.

POLICY/REQUIREMENT FOR BOARD ACTION:

N/A

IMPLEMENTATION/COORDINATION:

Implementation of the CRF Agreement will be managed by the Neighborhood & Human Services Department/Neighborhood Enterprise Division (NED), including support from the City of Pensacola Housing Department.

Attachments
FHFC CRF Agreement