Loading...
HomeMy WebLinkAboutAgenda Item Summary FormIli OF *,e,,.„A AGENDA ITEM SUMMARY FORM ,e„ Q File ID: #9050 i D'SO/� Date: 05/10/2021 Requesting Department: Department of Housing and Community Development Commission Meeting Date: 06/24/2021 Sponsored By: District Impacted: All Type: Resolution Subject: Allocate Funds - Home Investment Partnership Program FY 2021-2022 Purpose of Item: AUTHORIZING THE ALLOCATION OF HOME INVESTMENT PARTNERSHIP PROGRAM ("HOME") FUNDS, IN THE AMOUNT OF $3,509,757.00, FOR HOUSING PROGRAMS, FOR FISCAL YEAR 2021-2022, IN THE CATEGORIES AS SPECIFIED IN EXHIBIT "A", ATTACHED AND INCORPORATED, FOR THE DEVELOPMENT OF AFFORDABLE HOUSING; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY FOR SAID PURPOSE. Background of Item: On April 6, 2021, the United States Department of Housing and Urban Development ("HUD") announced the final Community Planning and Development Program Formula Allocations for Fiscal Year 2021-2022, thereby announcing the amount of $3,509,757.00 of Home Investment Partnership Program ("HOME") funds. The City's' Administration recommends the allocation of HOME funds in the amount of $3,509,757.00 for Fiscal Year 2021-2022, as more particularly specified in Exhibit "A," attached and incorporated, for the provision of decent and safe affordable housing to low income households. Budget Impact Analysis Item has NO budget impact Item is NOT Related to Revenue Item is NOT funded by Bonds Total Fiscal Impact: $3,509,757.00 Special Revenue Account No: 14002.910101.883000 (HOME) Reviewed By Department of Community and Economic Development George Mensah Department Head Review Completed 05/10/2021 10:27 AM Office of Management and Budget Luis Hernandez -Torres Budget Analyst Review Completed 05/11/2021 3:08 PM Office of Management and Budget Leon P Michel Budget Review Completed 05/11/2021 3:32 PM City Manager's Office Fernando Casamayor Assistant City Manager Review Completed 05/11/2021 6:58 PM City Manager's Office Arthur Noriega V City Manager Review Completed 05/12/2021 9:26 AM Legislative Division Valentin J Alvarez Legislative Division Review Completed 05/27/2021 12:39 PM Office of the City Attorney Richard Appleton ACA Review Completed 06/09/2021 8:01 PM Office of the City Attorney Barnaby L. Min Deputy City Attorney Review Completed 06/12/2021 8:47 AM Office of the City Attorney Victoria Mendez Approved Form and Correctness Completed 06/14/2021 12:21 PM City Commission Nicole Ewan Meeting Completed 06/24/2021 9:00 AM Office of the City Clerk City Clerk's Office Rendered Completed 06/29/2021 5:32 PM -,IV ov . City of Miami *' ISS°°1 il°4I° °° Legislation Resolution Enactment Number: R-21-0257 File Number: 9050 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date:6/24/2021 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ALLOCATING HOME INVESTMENT PARTNERSHIPS PROGRAM FUNDS IN THE AMOUNT OF $3,509,757.00 FOR HOUSING PROGRAMS FOR FISCAL YEAR 2021- 2022, AS MORE PARTICULARLY SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED, FOR THE PROVISION OF DECENT AND SAFE AFFORDABLE HOUSING TO LOW-INCOME HOUSEHOLDS; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE. WHEREAS, on April 6, 2021, the United States Department of Housing and Urban Development announced the final Community Planning and Development Program Formula Allocations for Fiscal Year (TY") 2021-2022 including $3,509,757.00 of Home Investment Partnerships Program ("HOME") funds; and WHEREAS, the City of Miami's ("City") Administration recommends the allocation of HOME funds in the amount of $3,509,757.00 for FY 2021-2022 as specified in Exhibit "A," attached and incorporated, for the provision of decent and safe affordable housing to low income households; 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 allocation of HOME funds in the amount of $3,509,757.00 for FY 2021- 2022 as specified in Exhibit "A," attached and incorporated, for the provision of decent and safe affordable housing to low-income households is authorized.' Section 3. The City Manager is authorized' to negotiate and execute any and all necessary documents, all in forms acceptable to the City Attorney, for said purpose. Section 4. This Resolution shall become effective immediately upon its adoption. ' 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. APPROVED AS TO FORM AND CORRECTNESS: ryt6ri i dez, ity ttor ey 611412021 Pursuant to the resolution, this item became effective immediately upon adoption by the Commission.