| | | | | | | | CITY OF RIVIERA BEACH CITY COUNCIL AGENDA ITEM SUMMARY | | | | | | | |
| | | | | | | | Meeting Date: | 12/13/2017 | Agenda Category: | |
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| | | | | | | | Subject: | A resolution approving a grant in the amount of $567,000 for the Riviera Beach Housing Authority. |
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| | | | | | | | Originating Dept | City Administration | | Costs | $567,000 | User Dept. | All | | Funding Source | | Advertised | No | | Budget Account Number | | Date | | | | | Paper | | | | | Affected Parties | Not Required | | | |
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| | | | | | | | Background/Summary: | The Riviera Beach Housing Authority desires to apply for a Low Income Housing Tax Credit with the Florida Housing Corporation for a 79 unit affordable rental housing development referred to as Heron Estates Family. The Riviera Beach Housing Authority is requesting financial assistance from the City in the amount of $567,000. |
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| | | | | | | | Fiscal Years | | | | | | Capital Expenditures | | | | | | Operating Costs | | | | | | External Revenues | | | | | | Program Income (city) | | | | | | In-kind Match (city) | | | | | | Net Fiscal Impact | | | | | | NO. Additional FTE Positions
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| | | | | | | | A. Finance Department Comments: | | | B. Purchasing/Intergovernmental Relations/Grants Comments: | | | C. Department Director Review: | |
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| | | | | | | | Contract Start Date | | Contract End Date | | Renewal Start Date | | Renewal End Date | | Number of 12 month terms this renewal | | Dollar Amount | | Contractor Company Name | | Contractor Contact | | Contractor Address | | Contractor Phone Number | | Contractor Email | | Type of Contract | | Describe | |
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REVIEWERS: | Department | Reviewer | Action | Date | City Manager | Mitchell, Dorothy | Approved | 12/11/2017 - 6:53 PM |
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