TO: Mayor and City Commission
FROM: Cale Curtis, City Manager
DATE: September 2, 2026
Title
RESOLUTION - APPROVING AN AGREEMENT BETWEEN BROWARD COUNTY AND CITY OF MARGATE FOR FUNDING AND ADMINISTRATION OF HOME PROGRAM FUNDS FOR HOMEBUYER PURCHASE ASSISTANCE FOR FISCAL YEAR 2025-2026; PROVIDING FOR AN EFFECTIVE DATE
BACKGROUND: As a member of the Broward County HOME Investment Partnerships Program Consortium, the City of Margate receives an annual allocation to be used for purchase assistance. This Agreement provides for Broward County to continue administration of the City’s HOME funding, in the amount of $111,421, for fiscal year 2025-2026. The maximum amount a low or very-low-income household can receive is $50,000 towards the purchase of a home in Margate.
RECOMMENDATION: For approval.
FISCAL IMPACT: All program costs are grant funded.
CONTACT PERSON: Cale Curtis, City Manager