fbpx
Home Municipal News Commission agrees to one year action plan on spending federal funds

Commission agrees to one year action plan on spending federal funds

The Hollywood Commission agreed to a resolution for a one year action plan on the spending of federal money to be used for improvements in Hollywood.

Hollywood has been designation as an entitlement city by the U.S. Department of Housing and Urban Development and HUD has mandated that these cities submit a consolidated plan including a one-year action plan which governs housing and community development needs in the city. The resolution involves the Community Development Block Grant (CDBG) and the Home Investment Partnerships Act (HOME) Grant.

HUD has allocated $1,213,339 in CDBG funds to the city and staff has estimated that the City will receive $100,000 in CDBG Program income. HUD has allocated $553,052 in HOME funds to the City and staff has estimated the City will receive $55,000 in HOME Program income.

This is the breakdown on how the money will be appropriated for the one year action plan.

CDBG

  • Housing Services: $392,484.00
  • Septic to Sewer Assistance: $328,633.06
  • Debt Service – FFGFC: $101,129.00
  • Capital Improvement: $36,818.74
  • Neighborhood Beautification: $136,606.40
  • Hispanic Unity, Inc.: $14,927.00
  • HOPE South Florida, Inc.: $12,050.00
  • Russell Life Skills, Inc.: $18,046.00
  • Second Chance, Inc.: $10,700.00
  • Women in Distress, Inc.: $19,277.00
  • Administration: $242,667.80

Total: $1,313,339.00

HOME

  • Housing Rehabilitation: $400,789.00
  • CHDO Set-Aside: $79,957.80
  • Tenant-Based Rental Assistance: $54,000.00
  • Administration: $53,305.20

Total: $588,052.00

David Volz
David Volz
David Volz has been a reporter for Hollywood Gazette since 2011 and has worked for numerous community news publications throughout South Florida over the past two decades including the South Florida Sun-Sentinel, Miami Herald and South Florida Business Journal. He is a Professor in the Business department at Broward College and the editor of the Coral Springs Connection, an online community news website. He covers city government, schools, sports events, cultural activities, faith groups and workplaces.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

Tamarac Commission votes to table land deal with Broward County at West Lake Park

The issue of where to place a 911 tower continues in Hollywood. The Broward County Commission wants to place the tower in...

McArthur offers Cambridge program and an exciting band

Alfred Broomfield, is settling into his new position as principal of McArthur High School. And so far he really...

Hollywood Resident Receives LAAIA Humanitarian of the Year Award

Florida Peninsula Insurance Company, one of the top 10 largest homeowners insurance companies in the state, is delighted to announce Mariella Gonzalez...

Hollywood Fire Department Collects Items for the Bahamas

Members of the Hollywood Fire Department and local residents have been working hard to bring essential supplies together to be shipped to victims of...

West Lake Tower Saga Continues

The City of Hollywood held a special meeting today to determine what course of action to take following a revelation that...