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HomeMy WebLinkAboutAgenda Item Summary Form�w Ili OF AGENDA ITEM SUMMARY FORM *"`oeRHAT 19Q File ID: #7154 Date: 02/01/2020 Requesting Department: City Commission Commission Meeting Date: 01/31/2020 Sponsored By: District Impacted: Type: Resolution Subject: Resolution Accepting Data of Affordable Housing Master Plan Purpose of Item: <Insert Purpose of Item Here> Background of Item: <Insert Background Here> Budget Impact Analysis Total Fiscal Impact: Reviewed By City Commission Nicole Ewan Meeting Completed 01/31/2020 10:00 AM Legislative Division Valentin J Alvarez Legislative Division Review Completed 02/10/2020 5:47 PM Office of the City Attorney Richard Appleton ACA Review Completed 02/10/2020 7:51 PM Office of the City Attorney Barnaby L. Min Deputy Attorney Review Completed 02/11/2020 2:26 PM Office of the City Attorney Victoria Mendez Approved Form and Correctness Completed 02/11/2020 5:44 PM Office of the City Clerk City Clerk's Office Rendered Completed 02/11/2020 6:14 PM -,IV ov . City of Miami IIS°°1 il°4I° . °° Legislation Resolution Enactment Number: R-20-0031 File Number: 7154 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date:1/31/2020 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENTS, ACCEPTING THE PORTION OF THE CITY OF MIAMI'S ("CITY") AFFORDABLE HOUSING MASTER PLAN ("PLAN") TITLED "THE NEEDS ASSESSMENT & TECHNICAL COMPENDIUM", AS MORE PARTICULARLY SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED ("STUDY"), SUBJECT TO FLORIDA INTERNATIONAL UNIVERSITY, JORGE M. PEREZ, METROPOLITAN CENTER (1) SHARING ITS DOCUMENTATION ON WHICH THE STUDY WAS BASED AND (11) EXPLAINING ITS METHODOLOGY IN OBTAINING AND CALCULATING THE DATA FOUND IN THE STUDY, INCLUDING BUT NOT LIMITED TO THE METHODOLOGY USED TO DETERMINE THE NEEDS, ESTIMATES, AND PROJECTIONS FOUND IN THE STUDY REGARDING THE CITY AND DISTRICT -SPECIFIC DATA; DIRECTING THE CITY MANAGER TO ANALYZE THE FEASIBILITY OF ANY AND ALL RECOMMENDATIONS FOUND IN THE REMAINING PORTION OF THE PLAN, AS MORE PARTICULARLY SPECIFIED IN EXHIBIT "B," ATTACHED AND INCORPORATED ("STRATEGY"); FURTHER DIRECTING THE CITY MANAGER TO ESTABLISH ONE (1) OR MORE WORKSHOPS WHERE THE FEASIBILITY OF THE RECOMMENDATIONS SHALL BE PRESENTED TO AND DISCUSSED BY THE CITY COMMISSION AS WELL AS EXPERTS FROM THE AFFORDABLE HOUSING INDUSTRY AND WHEREBY THE WORKSHOPS SHALL INCLUDE A DETAILED ANALYSIS THAT ILLUSTRATES HOW THE HOUSING FINANCE CORPORATION MODEL, AS DESCRIBED IN THE STRATEGY, HAS WORKED IN OTHER MAJOR CITIES IN THE UNITED STATES. WHEREAS, on July 26, 2018, pursuant to Resolution No. 18-0313, the City of Miami ("City") approved an agreement with Florida International University's Metropolitan Center (TIU MMC") for the preparation of the City's Affordable Housing Master Plan ("Plan") to address the City's housing affordability issues; and WHEREAS, the purpose of the Plan is to align resources, ensure a unified strategic direction, and facilitate community partnerships to achieve a shared vision of housing affordability; and WHEREAS, FIU MMC has submitted the Plan to the City Commission in two (2) portions: the Needs Assessment and Technical Compendium, as more particularly described in Exhibit 'A" attached and incorporated ("Study"), and the second portion of the Plan, as more particularly described in Exhibit "B," attached and incorporated ("Strategy"); NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The City Commission hereby accepts the Study, subject to FIU MMC (i) sharing its documentation on which the Study was based and (ii) explaining its methodology in obtaining and calculating the data found in the Study, including but not limited to the methodology used to determine the needs, estimates, and projections found in the Study regarding the City and the district -specific data. Section 3. The City Commission hereby directs the City Manager to analyze the feasibility of any and all recommendations found in the Strategy. Section 4. The City Commission further directs the City Manager to establish one (1) or more workshops where the feasibility of the recommendations shall be presented to and discussed by the City Commission as well as experts from the affordable housing industry and whereby the workshops shall include a detailed analysis that illustrates how the housing finance corporation model, as described in the Strategy, has worked in other major cities in the United States. Section 5. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: 1 i ria i "ndez, Cify Attor iey 211112020