HomeMy WebLinkAboutR-20-0046City of Miami
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Resolution: R-20-0046
File Number: 7118
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Final Action Date: 2/13/2020
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AMENDING THE CITY OF MIAMI'S DEPARTMENT OF HOUSING AND
COMMUNITY DEVELOPMENT'S SINGLE FAMILY REHABILITATION
PROGRAM ("PROGRAM") POLICY IN ORDER TO CHANGE THE MAXIMUM
VALUE OF THE PROPERTIES THAT ARE QUALIFIED TO BENEFIT FROM
THE PROGRAM, AS MORE PARTICULARLY DESCRIBED IN EXHIBIT "A,"
ATTACHED AND INCORPORATED, WHILE USING COMMUNITY
DEVELOPMENT BLOCK GRANT FUNDS AS WELL AS STATE HOUSING
INITIATIVE PROGRAM FUNDS; AUTHORIZING THE CITY MANAGER TO
NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, ALL
IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE.
SPONSOR(S): Commissioner Manolo Reyes
WHEREAS, according to the Zillow Home Value Index, the average value of single
family properties in the City of Miami ("City") is $367,249.00; and
WHEREAS, this amount means that many of the homeowners in the City will not qualify
for the City's Department of Housing and Community Development's ("Department') Single
Family Rehabilitation Program ("Program") due to the Program's current maximum home value
limitations; and
WHEREAS, the Department has received numerous requests from low income
homeowners whose properties fall outside of the current maximum home value limitations and
who do not have sufficient income to obtain traditional financing to repair their homes; and
WHEREAS, the City's Administration recommends amending the Department's
Program policy, as more particularly described in Exhibit "A," attached and incorporated;
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 amendment of the Department's Program policy in order to change the
maximum value of the properties that are qualified to benefit from the Program, as further
described in Exhibit 'A" attached and incorporated, while using Community Development Block
Grant funds and State Housing Initiative Program funds is authorized.'
City of Miami Page 1 of 2 File ID: 7118 (Revision:) Printed On: 2/27/2020
File ID: 7118
Enactment Number: R-20-0046
Section 3. The City Manager is authorized' to negotiate and execute any and all
necessary documents, all in a form acceptable to the City Attorney, for said purpose.
Section 4. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
1
i ria i�t-ndez, ity Attor ey 1/31/2020
' The herein authorization is further subject to compliance with all requirements that may be imposed by
the City Attorney, including but not limited to, those prescribed by applicable City Charter and City Code
provisions.
City of Miami Page 2 of 2 File ID: 7118 (Revision:) Printed on: 2/27/2020