Title
MOTION TO ADOPT PROPOSED RESOLUTION 2024-R-36.
PROPOSED RESOLUTION 2024-R-36 IS A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF PEMBROKE PINES, FLORIDA, APPROVING THE PROGRAM YEAR 2023 CONSOLIDATED ANNUAL PERFORMANCE EVALUATION REPORT (CAPER) FOR COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAMS; PROVIDING FOR RECORDATION; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE. PUBLIC HEARING REQUIRED
Summary Explanation and Background
SUMMARY EXPLANATION AND BACKGROUND:
1. The Consolidated Annual Performance and Evaluation Report (CAPER), required for jurisdictions receiving funding from the U.S. Department of Housing and Urban Development (HUD), details the performance in expending federal and state funds, including Community Development Block Grant (CDBG), Home Investment Partnership (HOME), and State Housing Initiative Partnership (SHIP) funds.
2. For Program Year 2023 (October 1, 2023 - September 30, 2024), the City received a total of $3,404,937 in available funding from regular CDBG, SHIP, and HOME allocations.
? CDBG funds: $1,108,642
? SHIP funds: $1,965,381
? HOME funds: $330,914
3. The following funds were expended during the program year:
? CDBG: $1,418,925.40*
? SHIP: $2,334,363.66*
? HOME: $0**
*Expenditures includes both program income and carryover funds from previous years
** Awaiting Broward County disbursement
4. In addition, the City received $1,400,676 in CDBG-CV (Coronavirus) funds during Fiscal Year (FY) 2020-2021 to address COVID-19 impacts. During FY 2023, the City had expended $225,905.84 of these funds, bringing the total city expenditure to $1,053,838.93. CDBG-CV funds must be expended by 2026.
5. The City also has a remaining balance of $428,055.88 from the $6,729,117 in Neighborhood Stabilization Program (NSP) funds allocated in 200...
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