HomeMy WebLinkAboutAgenda Item Summary FormG1�Y OF "v
AGENDA ITEM SUMMARY FORM
File ID: #9442
Date: 07/26/2021 Requesting Department: Department of
Housing and Community Development
Commission Meeting Date: 09/13/2021 Sponsored By:
District Impacted: All
Type: Resolution
Subject: Accept SHIP Funds - FY 2021-2022 .
Purpose of Item:
AUTHORIZING THE ACCEPTANCE OF STATE HOUSING INITIATIVES
PARTNERSHIP ("SHIP") FUNDS, IN THE AMOUNT OF $2,088,221.00 FOR FISCAL
YEAR 2021-2022, FOR THE STRATEGIES UNDER THE CURRENT SHIP LOCAL
HOUSING ASSISTANCE PLAN ("LHAP"), FURTHER AUTHORIZING THE CITY
MANAGER TO NEGOTIATE AND EXECUTE, IN A FORM ACCEPTABLE TO THE
CITY ATTORNEY, ANY AND ALL DOCUMENTS, INCLUDING AMENDMENTS,
RENEWALS, EXTENSIONS, AND MODIFICATIONS, AS MAY BE NECESSARY,
SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE
USE OF SUCH FUNDS.
Background of Item:
On July 1992, the State of Florida enacted the William E. Sadowski Affordable Housing
Act ("Sadowski Act") which provides for the allocation of a portion of new and existing
documentary stamp taxes on deeds on real estate transactions to local governments for
the development and maintenance of affordable housing.
The Sadowski Act provided a dedicated revenue source for affordable housing and
has created the Florida State Housing Initiative Partnership ("SHIP") program.
Pursuant to Resolution No. 19-0140, adopted April 11, 2019, the Miami City
Commission approved the City of Miami's ("City") Local Housing Assistance Program
for the period of July 1, 2019, through June 30, 2022, allowing the City's continued
participation in the SHIP Program.
On July 21, 2021, the City was notified by Florida Housing Finance Corporation a
distribution of SHIP funds in the total amount of $2,088,211.00 for State Fiscal Year
("FY") 2021-2022.
The City's Administration recommends the acceptance of SHIP funds, in the amount of
$2,088,211.00 for Fiscal Year 2021-2022, for the strategies under the current SHIP
LHAP.
Budget Impact Analysis
Item has NO budget impact
Item is NOT Related to Revenue
Item is NOT funded by Bonds
Total Fiscal Impact:
$2,088,221.00
Special Revenue Account No: 14003.910101.434000
Reviewed By
Department of Community and Economic Development
Review Completed
07/26/2021 4:47 PM
Office of Management and Budget
Luis Hernandez -Torres
Office of Management and Budget
Leon P Michel
City Manager's Office
Fernando Casamayor
Legislative Division
Valentin J Alvarez
City Manager's Office
Arthur Noriega V
Office of the City Attorney
Richard Appleton
Office of the City Attorney
Barnaby L. Min
Office of the City Attorney
Victoria Mendez
City Commission
Maricarmen Lopez
Office of the Mayor
Mayor's Office
Office of the City Clerk
City Clerk's Office
Office of the City Clerk
City Clerk's Office
George Mensah
Department Head
Budget Analyst Review
Completed
Budget Review
Completed
Assistant City Manager Review
Completed
Legislative Division Review
Completed
City Manager Review
Completed
ACA Review
Completed
Deputy City Attorney Review
Completed
Approved Form and Correctness
Completed
Meeting
Completed
Signed by the Mayor
Completed
Signed and Attested by the City Clerk
Completed
Rendered
Completed
07/27/2021 11:28 AM
07/27/2021 6:23 PM
08/06/2021 11:51 AM
08/09/2021 8:22 AM
08/11/2021 10:57 AM
08/16/2021 3:19 PM
08/17/2021 8:20 AM
08/20/2021 11:36 AM
09/13/2021 9:00 AM
09/23/2021 4:25 PM
09/23/2021 4:35 PM
09/23/2021 4:35 PM
ctzY op
w City of Miami
,c x°"<<o'* Legislation
O_ Resolution
Enactment Number: R-21-0343
File Number: 9442
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Final Action Date:9/13/2021
A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE
ACCEPTANCE OF STATE HOUSING INITIATIVES PARTNERSHIP ("SHIP") FUNDS
IN THE AMOUNT OF $2,088,221.00 FOR FISCAL YEAR 2021-2022 FOR THE
STRATEGIES UNDER THE CURRENT SHIP 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.
WHEREAS, in July 1992, the State of Florida enacted the William E. Sadowski
Affordable Housing Act ("Sadowski Act") which allocates a portion of new and existing
documentary stamp taxes, which were paid on the transfer of real estate, to local
governments for the development and maintenance of affordable housing; and
WHEREAS, the Sadowski Act provides a dedicated revenue source for affordable
housing and has also created the Florida State Housing Initiative Partnership ("SHIP") Program;
and
WHEREAS, pursuant to Resolution No. R-19-0140 adopted April 11, 2019, the Miami
City Commission approved the City of Miami's ("City") Local Housing Assistance Program
("LHAP") for the period of July 1, 2019 through June 30, 2022, allowing the City's continued
participation in the SHIP Program; and
WHEREAS, on July 21, 2021, the City was notified by the Florida Housing Finance
Corporation of a distribution of SHIP funds in the total amount of $2,088,211.00 for State Fiscal
Year (TY") 2021-2022; and
WHEREAS, the City's Administration recommends the acceptance of SHIP funds in the
amount of $2,088,211.00 for FY 2021-2022 for the strategies under the current SHIP 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 SHIP funds in the total amount of $2,088,211.00 for FY
2021-2022 for the strategies under the current SHIP 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:
l
i ria i "ndez, ity Attor ey 8/2012021
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.
Z 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.