The chart below summarizes the funds and distributions for all of the federal and state funds utilized for rent, mortgage and utility assistance:
Upon execution of the contract with HOPE, OHCS identified clients from Tranches 1-2 (CDBG-CV and HOME funds), and Tranche 4 (Corona Virus relief funds) that were deemed ineligible due to status or who were impacted by funds being exhausted. Most households considered ineligible due to legal status either have a work permit or have applied for residency but have yet to achieve legal status. The following criteria was established for HOPE to maximize the possibility of federal reimbursement:
1. Program funds are only available to renters that live or plan to relocate within City limits and must have a valid ID with the address of the assisted property;
2. Qualifying utility costs to be paid may include: electricity and gas;
3. Maximum household income was amended to assist 120% of Area Median Income;
4. Financial assistance was amended to allow rent assistance for a maximum of six (6) months,
6. Rent must have been current as of March 12, 2020.
As of December 30, 2020, HOPE has assisted fifty households expending $166,707.03. The average amount of disbursement was $1,953.00 per household.
As of December 30, 2020, $158,228.91 processed by HOPE and funded initially through General Fund resources have been charged to the following pandemic relief assistance programs:
Funding Source:
|
Amount:
|
Miami-Dade County CARES funds
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$62,733.91
|
Corona Virus Relief Funds (CRF) 2
|
$95,495.00
|
HOPE’s contract has been extended until January 31, 2021 to maximize the current allocation in light of the City prioritizing the expenditure of federal funds by the December 30, 2020 deadline and the ongoing demand for assistance. The City’s Community Development Block Grant – Coronavirus 3 (CDBG-CV3) funds will become available for disbursement sometime in January. The amount available is $254,000.