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Item K2 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Division: Monroe County Housing Authority Department: Special Programs Office Meeting Date: February 21, 2007 Bulk Item: Yes X No AGENDA ITEM WORDING: A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA ADOPTING AN AMENDMENT TO THE MONROE COUNTY STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAM HOUSING REHABILITATION STRATEGY, ADDING MODERATE INCOME HOUSEHOLDS TO THE ELIGIBLE INCOME LEVELS. ITEM BACKGROUND: Summary of changes to SHJP Local Housing Assistance Plan (lHAP) including the consolidation of funding strategies and clarification of selection criteria. The purpose of the proposed amendment is to streamline award and delivery of SHIP funding as well as encourage leverage opportunities for additional affordable housing funding. PREVIOUS RELEVANT BOCC ACTION: This resolution was approved at the BOCC Meeting of December 20~ 2006. The attachment was not attached and the County Attorney has requested that the BOCC ratify their approval so that the Resolution may be executed by the Mayor and processed by the Clerk of the Court. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: Approval TOTAL COST: $-0- BUDGETED: Yes No COST TO COUNTY: $-0- SOURCE OF FUNDS: N/ A REVENUE PRODUCING: Yes No X AMOUNT PER: Month Year J. g _ Risk Management _ APPROVED BY: County Atty. _ DIVISION DIRECTOR APPRO V AL: Castillo, Sf., Executive Director DOCUMENTATION: Included X Not Required_ DISPOSITION: AGENDA ITEM #