HomeMy WebLinkAboutR-20-02370FCity of Miami
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Legislation
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l ° R I° Resolution: R-20-0237
File Number: 7695
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Final Action Date: 7/23/2020
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE ACCEPTANCE OF CORONAVIRUS RELIEF FUNDS
FROM THE UNITED STATES TREASURY DEPARTMENT THROUGH
FLORIDA HOUSING FINANCE CORPORATION IN THE TOTAL AMOUNT OF
$1,312,500.00 AND AUTHORIZING THE ALLOCATION OF SAID FUNDS FOR
MORTGAGE PAYMENT ASSISTANCE BY CREATING AND FUNDING THE
CITY OF MIAMI MORTGAGE ASSISTANCE PROGRAM AS MORE
PARTICULARLY DESCRIBED IN EXHIBIT "A," ATTACHED AND
INCORPORATED ("PROGRAM"), WHEREBY THE CITY IS ALLOCATING AN
AMOUNT OF $131,250.00 FOR PROGRAM ADMINISTRATION AND
ALLOCATING AN AMOUNT OF $1,181,250.00 TO CREATE AND FUND THE
PROGRAM IN COMFORMITY WITH THE LOCAL HOUSING ASSISTANCE
PLAN; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND
EXECUTE ANY AND ALL NECESSARY DOCUMENTS, INCLUDING
AMENDMENTS, EXTENSIONS, AND MODIFICATIONS, ALL IN FORMS
ACCEPTABLE TO THE CITY ATTORNEY, SUBJECT TO ALL FEDERAL,
STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS
FOR SAID PURPOSE.
SPONSOR(S): Commissioner Alex Diaz de la Portilla, Commissioner Ken Russell,
Commissioner Manolo Reyes, Commissioner Keon Hardemon
WHEREAS, the Coronavirus Aid, Relief, and Economic Security Act ("CARES
Act") is an economic stimulus bill passed by the 116th United States Congress and
signed into law by President Donald J. Trump in March 2020 in response to the
economic fallout caused by the Novel Coronavirus ("COVID-19") pandemic; and
WHEREAS, the State of Florida ("State") has been awarded funds from the
Coronavirus Relief Fund ("CRF") from the United States Treasury Department
("Treasury") to be spent on necessary activities due to the COVID-19 pandemic; and
WHEREAS, the State has allocated approximately $120 million to local
governments to be administered through the SHIP program; and
WHEREAS, on July 17, 2020, the City of Miami ("City") was notified by the
Florida Housing Finance Corporation ("FHFC") of a distribution of CRF funds in the total
amount of $1,312,500.00 for the current program year; and
WHEREAS, these funds must be spent for rental or mortgage assistance by
December 30, 2020; and
City of Miami Page 1 of 2 File ID: 7695 (Revision:) Printed On: 811812020
File ID: 7695 Enactment Number: R-20-0237
WHEREAS, the City's Administration recommends the acceptance of CRF funds
in the total amount of $1,312,500.00 and allocating an amount of $131,250.00 for
program administration and allocating an amount of $1,181,250.00 to be used for
mortgage assistance for homeowners with loss or reduction in income by creating and
funding the City Mortgage Assistance Program ("Program") as more particularly
described in Exhibit 'A" attached and incorporated, in conformity with the Local
Housing Assistance Plan ("LHAP"); and
WHEREAS, in accordance with Section 2-33(f) of the Code of the City of Miami,
Florida, as amended, the City Commission, by a majority vote, hereby deems this
Resolution to be of an emergency nature;
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 acceptance of CRF funds from Treasury through FHFC in the
total amount of $1,312,500.00 and the allocation of said funds for mortgage payment
assistance by creating and funding the Program, as more particularly described in
Exhibit 'A" attached and incorporated, whereby the City is allocating an amount of
$131,250.00 for Program administration and allocating an amount of $1,181,250.00 to
create and fund the Program in conformity with the LHAP is authorized.'
Section 3. The City Manager is authorized' to negotiate and execute any and all
necessary documents, including amendments, extensions, and modifications, all in
forms acceptable to the City Attorney, subject to all federal, state, and local laws that
regulate the use of such funds for said purpose.
Section 4. This Resolution shall become effective immediately upon its adoption
and signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
i ria ndez,'City Attor iey 8/13/2020
' The herein authorization is further subject to compliance with all legal requirements that may be
imposed, including but not limited, to those prescribed by applicable City Charter and City Code
provisions.
2 If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days
from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective
immediately upon override of the veto by the City Commission.
City of Miami Page 2 of 2 File ID: 7695 (Revision:) Printed on: 811812020