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HomeMy WebLinkAboutPrelegislationCity of Miami 1 i.RR .I Legislation alldl 1l+ 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 116t" 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: 1212312020 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: 1 i t6riaiynd6z, Cify Attor iey 8/1312020 ' 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: 1212312020 City of Miami 1 i.RR .I Legislation alldl 1lm Resolution: R-20-0293 File Number: 7854 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 9/24/2020 A RESOLUTION OF THE MIAMI CITY COMMISSION INCREASING THE LIMIT OF THE MORTGAGE ASSISTANCE PROGRAM FROM $6,000.00 TO $10,000.00 TO BETTER REFLECT THE AVERAGE DELINQUENT MORTGAGE PAYMENT AMOUNT OF LOW— AND MODERATE —INCOME HOMEOWNERS WITH LOSS OR REDUCTION IN INCOME BECAUSE OF THE NOVEL CORONAVIRUS PANDEMIC; 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. WHEREAS, on July 23, 2020, pursuant to Resolution No. R-20-0237, the Miami City Commission approved the allocation of Coronavirus Relief Funds from the United States Treasury Department in the amount of $1,312,500.00, which included an amount of $1,181,250.00 for the Mortgage Assistance Program ("MAP"); and WHEREAS, the MAP guidelines restricted the maximum delinquent mortgage payment that can be paid to $6,000.00 per applicant; and WHEREAS, of the applications received and processed, the average delinquent mortgage payment was approximately $10,000.00; and WHEREAS, the City of Miami's Administration recommends increasing the limit on MAP funds from $6,000.00 to $10,000.00 to better reflect the average mortgage delinquencies of low - and moderate -income homeowners who have suffered a loss or reduction in income because of the Novel Coronavirus ("COVID-19") pandemic; 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. Increasing the limit on MAP funds from $6,000.00 to $10,000.00 to better reflect the average mortgage delinquencies of low- and moderate -income homeowners with loss or reduction in income because of the COVID-19 pandemic is authorized.' ' 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 Code provisions. City of Miami Page 1 of 2 File ID: 7854 (Revision:) Printed On: 1212312020 File ID: 7854 Enactment Number: R-20-0293 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: 1 i rie i "ndez, City ttor ey 9/15/2020 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: 7854 (Revision:) Printed on: 1212312020 City of Miami 1 i.RR .I Legislation alldl 1l+ Resolution: R-20-0313 File Number: 7921 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 10/8/2020 A RESOLUTION OF THE MIAMI CITY COMMISSION, AUTHORIZING THE ACCEPTANCE OF AN ADDITIONAL ALLOCATION OF CORONAVIRUS RELIEF FUND ("CRF") FUNDS FROM THE UNITED STATES TREASURY DEPARTMENT THROUGH FLORIDA HOUSING FINANCE CORPORATION ("FHFC") IN THE TOTAL AMOUNT OF $787,500.00 AND AUTHORIZING THE ALLOCATION OF SUCH FUNDS FOR MORTGAGE ASSISTANCE WHEREBY THE CITY IS ALLOCATING AN AMOUNT OF $78,750.00 FOR PROGRAM ADMINISTRATION AND ALLOCATING AN AMOUNT OF $708,750.00 FOR MORTGAGE ASSISTANCE, IN CONFORMITY WITH THE LOCAL HOUSING ASSISTANCE PLAN ("LHAP"); 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. WHEREAS, on July 23, 2020, pursuant to Resolution No. R-20-0237 the Miami City Commission approved the acceptance of $1,312.500.00, which included 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 of Miami Mortgage Assistance Program; and WHEREAS, on September 15, 2020, the City of Miami ("City") was notified by Florida Housing Finance Corporation of an additional allocation of Coronavirus Relief Fund ("CRF") funds in the amount of $787,500.00; and WHEREAS, these funds must be spent for mortgage assistance by December 30, 2020; and WHEREAS, the City Administration recommends the acceptance of an additional allocation of CRF funds in the total amount of $787,500.00, allocating an amount of $78,750.00 for program administration and an amount of $708,750.00 to be used for mortgage assistance for homeowners with loss or reduction of income, in conformity with the Local Housing Assistance Program ("LHAP"); 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 an additional allocation of CRF funds from the United States Treasury Department through Florida Housing Finance Corporation, in the total amount of $787,500.00, thereby allocating an amount of $78,750.00 for program administration and an City of Miami Page 1 of 2 File ID: 7921 (Revision:) Printed On: 1212312020 File ID: 7921 Enactment Number: R-20-0313 amount of $708,750.00 to be used for mortgage assistance for homeowners with loss or reduction of income in conformity with the Local Housing Assistance Program ("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 i ndez, Cify Httor ey 9/29/2020 ' 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 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: 7921 (Revision:) Printed on: 1212312020