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HomeMy WebLinkAboutR-00-0532& J-00-541 6/28/00 RESOLUTION NO. 00— 5"'2 A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE ALLOCATION OF FUNDDS FROM THE CITY'S FY 1999-2000 HOME INVESTMENT PARTNERSHIP ("HOME") PROGRAM TO JUBILEE COMMUNITY DEVELOPMENT CORPORATION, IN THE AMOUNT OF 500,000, AND LITTLE HAITI HOUSING ASSOCIATION, INC., IN THE AMOUNT OF $360,000, FOR THE CONSTRUCTION OF APPROXIMATELY FIFTY-EIGHT (58) UNITS OF HOMEOWNERSHIP HOUSING IN THE ALLAPATTAH AND LITTLE HAITI NEIGHBORHOODS; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE INDIVIDUAL AGREEMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE, SUBJECT TO CERTAIN TERMS AND CONDITIONS. WHEREAS, a severe shortage of affordable housing units available to own exists in the City of Miami for families and individuals of very low, low and moderate income; and WHEREAS, the City Commission recognizes that the participation of both the public and private sectors is necessary to foster the development of affordable housing in the City of Miami; and WHEREAS, Resolution No. 99-429, adopted June 22, 1999, approved the City's Five (5) Year Consolidated Plan (1999-2004) for the use of funds received by the City from the U.S. Department of Housing and Urban Development ("HUD") to implement CITY COMMISSION MEETING Or, AN 2 9 2000 ; `f Jiekf$olutiion 1j'o 0 the Community Development Block Grant ("CDBG") Program, HOME Investment Partnership ("HOME") Program, Emergency Shelter Grant ("ESG") Program and the Housing Opportunities for Persons With AIDS ("HOPWA") Program; and WHEREAS, Resolution No. 99-606, adopted August 2, 1999, amended Resolution No. 99-429 and the City's Five (5) Year Consolidated Plan (1999-.2004) in the. affordable housing category to set forth a policy establishing seventy-five percent.(75%) of available funding to support new homeownership activities and twenty-five percent (25%) to support new rental housing activities; and WHEREAS, in October 1999, the City advertised a Notice of Funding Availability under the HOME Investment Partnership ("HOME") Program in the amount of $2,745,562 available through the Homeownership New Construction Program category; and WHEREAS, in October 29, 1999, funding proposals were received from both not-for-profit and for-profit housing developers in response to the City's Request for Proposals ("RFP") under the CDBG, HOME, State Housing Initiatives Partnership Program ("SHIP") and HOPWA Programs; and WHEREAS, based on the funding proposals received by the City for HOME funds available through the HOME Homeownership New Construction Program category and recommendations of the City's Housing Loan Committee, funding is being recommended for the following two housing developers, subject to compliance with certain terms and conditions: Jubilee Community Development Page 2 of 4 0 Corporation, in the amount of 500,000, AND Little Haiti Housing Association, Inc., in the amount of $360,000,; 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 hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. The City Manager is hereby authorized to allocate funding from the City's FY 1999-2000 HOME Investment Partnership Program to the following housing developers for the construction of fifty-eight (58) units of homeownership housing in the Allapattah and Little Haiti neighborhoods: Developer Project Location Amounts Jubilee Community Pueblo del Sol $500,000 Development Corporation 1700-1744 N.W. 15 St. Rd. Little Haiti Housing Single Family Scattered -Site $360,000 Association, Inc. Little Haiti -Various Sites Total $860,000 Section 3. The City Manager is hereby authorized" to execute individual agreements, in a form acceptable to the City Attorney, with the aforementioned corporations, for the amount specified for each, to provide financial assistance related to the construction of approximately fifty-eight (58) housing units for ownership in the Allapattah and Little Haiti neighborhoods. �i 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. Page 3 of 4 Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor./ PASSED AND ADOPTED this 29th day of June , 2000. JOE CAROLLO, MAYOR In accordance with Miami Code Sec. 2-36, since the mayor did not Indicats AppmvAJ of this legislation by signinc. it in the designated place provided, said legislation now becomes effective with the elapse of ten (10) days fr the da e o issi action regarding same, without the Mayor xercising v ATTEST: ll�aiter. @man, City Clerk WALTER J. FOEMAN CITY CLERK ii APPROV�El� AUTO FORM ,AND CORRECTNESS :t/ JARO VILARELLO //ATTORNEY 485:RCL:hdb:BSS If the Mayor does not sign this Resolution, it shall become effective at the end of ten 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. Page 4 of 4 '��� "-�JZ 0 r CITY OF MIAMI CITY ATTORNEY'S OFFICE MEMORANDUM TO: Walter J. F City Clerk FROM: Alej City DATE: Se�fen)ber 28, 2000 RE: Resolution No. 00-532, adopted June 29, 2000 Resolution No. 00-532, adopted June 29, 2000, presented as a Item No. 5, authorized the allocation of funds from the City's FY 1999-2000 HOME Investment Partnership Programs to two not-for-profit housing developers, and further authorized the City Manager to execute agreements, in a form acceptable to the City Attorney, with the developers. The phrase "WITH ATTACHMENT" in the title is inapplicable as no attachment(s) was distributed for the resolution in the Agenda packet, nor is there any reference to the attachment in the preamble or body of the legislation. This memorandum may be attached to Resolution No. 0 0;-532 so that any concern regarding said discrepancy is clarified. W487:BSS 00-- 532 i CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM The Honorable MJUN 14 2000 ayor and Members of TO: The City Commission FROM Manager RECOMMENDATION: DATE: FILE: Resolution Allocating HOME Funds SUBJECT: To Jubilee CDC and Little Haiti Housing Association, Inc. REFERENCES: City Commission Meeting of June 29, 2000 ENCLOSURES: It is respectfully recommended that the City Commission adopt the attached resolution authorizing the City Manager to allocate $860,000 in HOME Investment Partnership (HOME) Program funds to Jubilee Community Development Corporation and Little Haiti Housing Association, Inc., to finance the construction of fifty-eight (58) new single family homes in the Allapattah and Little Haiti neighborhoods. The HOME Program funds will be utilized by both housing community development corporations to undertake land acquisition, project predevelopment and/or construction activities associated with the development of the housing units which are being proposed. The attached resolution further authorizes the City Manager to execute an agreement in a form acceptable to the City Attorney for disbursement of the said funding. BACKGROUND: In June 1999, through Resolution No. 99-429, the City Commission approved and adopted the City's Five -Year Consolidated Plan (1999-2004) which provides the City of Miami an opportunity to shape its various Community Development programs into effective and coordinated strategies for the revitalization of our distressed neighborhoods. One of the major components of the City's Five -Year Consolidated Plan emphasizes a housing strategy designed to facilitate the creation of homeownership opportunities for low and moderate income families through the establishment of seven (7) Homeownership Zones throughout the City. As a result, several of Miami's neighborhoods will be provided special attention, with an emphasis on the development of new in -fill housing on both publicly and privately -owned parcels in each of the homeownership zones for purchase by area residents. At its meeting of August 2, 1999, through Resolution No. 99-606, the City Commission amended Resolution No. 99-429 of the Consolidated Plan to establish housing priorities in the new construction housing category, which earmarked seventy-five percent (75%) of the available housing funding to support the construction of homeownership projects and twenty-five percent (25%) to support the construction of new rental projects. 00- 532 On October 29, 1999, funding proposals were received from both not-for-profit and for-profit developers in response to the City's Request for Proposals (RFP) for funding under the Community Development Block Grant, HOME Investment Partnership; State Housing Initiatives Partnership and Housing Opportunities For Persons With AIDS Programs. Through the RFP process, $2,745,562 in HOME Program and $1,418,401 in. SHIP Program funding was available to allocate to homeownership projects. In response to the City's solicitation for funding proposals for the construction of new homeownership housing units; the City received thirteen, (13) funding proposals from nine (9) housing developers, totaling $12,326,190 for the construction and/or rehabilitation of approximately four hundred twenty-one (42 1) housing units. Based on the Department of Community Development's review of the thirteen (13) funding proposals submitted by the nine (9) applicants, eight (8) funding proposals were found to be either non- responsive to the RFP or did not meet the City's minimum leverage ratio of one (1) to three (3) for homeownership housing projects, pursuant to Resolution No. 98-587 adopted June 9, 1998. As a result, those funding proposals were not presented to. the City's Housing Loan Committee ' for consideration. The attached chart provides an overview, of each developer's proposal and the leveraging ratio. of City funds to financing from other public and private sources relative to their respective housing projects. Two (2) of the remaining five (5) funding proposals submitted have been allocated $742,000 in SHIP program funding by the City Commission. As you may recall, at its meeting of January 27, 2000 with the adoption of Resolution No. 00-90, the City Commission allocated SHIP Program funding to the Little Haiti Housing Association, Inc. and Habitat for Humanity. of Greater Miami, Inc. in the amount of $342,000 and $400,000, respectively. The aforementioned funding has been provided to assist both organizations in carrying -out land acquisition and/or predevelopment activities/costs associated with the construction of forty-nine (49) new single family homes in the Edison -Little River and Overtown neighborhoods. As a result, the three (3) remaining funding proposals were submitted by the Department of Community Development to the City's Housing Loan Committee for its review and consideration. The housing proposal submitted by Model Housing Cooperative, Inc. calls for the development of thirty-two (32) condominium units on a vacant parcel located at 1455=1479 Flagler Street in the Little Havana neighborhood. The proposed $2.6 million Villas -Dr. Godoy Condominiums' Project will consist of thirty-two (32) 2 4edroom/1 bath units. ` To date,'the developer has secured public funding in the amount.of $650,000 in HOME Program funds and $311;000 in HAFT Program funds from Miami - Dade County to assist in the financing of the proposed housing project. The Housing Loan Committee did not recommend approval of Model Housing Cooperative, Inc.'s request for $500,000 in City funding at this time due to the organization's lack of a preliminary commitment for construction financing from a private lender for the balance of the project financing necessary to bring this project to fruition. 'In addition, the Committee also had concerns regarding the financial health of the organization and the need to address certain auditing issues identified in the auditor's management letter to the organization. 60 0 • Based on the preliminary recommendations of the Housing Loan Committee at its meetings of April 17 and May 3, 2000, HOME Program funding in the Homeownership New Construction Program category is recommended for the following affordable housing projects: Developer's Project Number Amount Name Name of Units Recommended Jubilee Community Development Pueblo del Sol 38 $500,000 Corporation Little Haiti Housing Association, Little Haiti 20 $360,000 Inc. Scattered Sites The Jubilee Community Development Corporation proposes to develop a thirty-eight (38) unit homeownership project consisting of ten (10) two-story townhomes and twenty-eight (28) condominium units to be developed on a .67 acre parcel located at 1728-1744 N.W. 15"' Street Road, in the Allapattah neighborhood. The proposed $3.7 million Pueblo del Sol Project will consist of twenty- eight (28) 2 bedroom/l 1/2 bath units and ten (10) three (3) bedroom/2 baths units. Through the RFP process, Jubilee Community Development Corporation has requested $500,000 in HOME funding from the City for the development of the proposed project. The proposed project financing will be provided from the following public and private sources: Continental Bank $ 296,392 Greater Miami Lisc 889,050 Miami -Dade County (Surtax Program) 500,000 City of Miami (HOME Program) 500,000 Deferred Developer's Fees 300,000 State of Florida (HOME Program) 1,221,000 Total $3,702,442 Based on the estimated total project cost of $3,702,442 and the City's financial contribution of $500,000, the proposed housing project meets the City's minimum leveraging policy of one (1) to three (3) for homeownership housing projects. The leveraging ratio for the proposed housing project is 1:6.4. The Little Haiti Housing Association, Inc.'s proposal includes the development of twenty (20) new single family homes on seventeen (17) vacant city owned residential parcels located in the Little Haiti neighborhood. The proposed $1.7 million Little Haiti Scattered Site Housing Project will consist of four (4) 2 bedroom/2 bath units, seven (7) 3 bedroom/2 bath units and nine (9) 4 bedroom/2 bath units, with sales prices of $74,100, $85,000 and $87,000, respectively. 00- 532 3 The proposed project financing will be provided from the following public and private sources: Citibank $ 553,250 Miami -Dade County (Surtax Program) 625,000 City of Miami (HOME Program) 360,000 Federal Home Loan Bank (FHP) 110,000 Developer's Contribution 86,750 Total $1,735,000 Based on the estimated total project cost of $1,735,000 and the recommended City financial contribution of $360,000, the proposed housing project meets the City's minimum leveraging policy of one (1) to three (3) for homeownership housing projects. The leveraging ratio for the proposed . housing project is 1:3.8. In an effort to expand the availability of new homeownership housing units in the Allapattah and Little Haiti neighborhoods for purchase by very low, low and moderate income families, City Commission . adoption of the attached resolution is recommended. GIIGAJBH Enclosure 0 Y 0 NOTICE OF PUBLIC HEARING CITY OF MIAMI DEPARTMENT OF COMMUNITY. DEVELOPMENT . A Public Hearing ' will be held to discuss the Department of Community Development's recommendations regarding the proposed allocation of Home Investment Partner'§hip Progr (HOME) funding to sponsors of new affordable homeownership housing units in the City andV. amend the approved City of Miami Action Plan. The Public Hearing will be held: 14' Thursday, June 29, 2000 City of Miami commission Chamber 3500 Pan American Drive Miami, Florida33133 The following organizations are being recommended for HOME Program funding by th- i .,Department of Community Development in connection with the production of new ren. 'housing units: Organization Project Name/Unit Recommended Funding I JUbRee Community Develop- Pueblo del Sol $500,000 ment Corporation 1700-1744 N.W. 15th Street Road 28 Units Liftl6 Haiti Housing *Associa- Little Haiti Scattered. Site 360.0.00 tion, Inc. Project Vario6s Sites 20 Units Total: $860,000 Following the Public Hearing, there will be a thirty (30) day public comment perio Publics % comments may be submitted in writing to: City of Miami Department of Community Development 444 S.W. 2nd Avenue, 2nd Floor Miami, Florida 33130 The City's 1999-2000 Action Plan will be amended to reflect the final allocations approved by the 8ity ComQiission. (AD NO. -06162) b NOTICE OF PUBLIC HEARING A Public Hearing will be held to discuss the Department of Community Development recommendations regarding the proposed allocation of Home Investment Partnership Program (HOME) funding to sponsors of new affordable homeownership housing units in the City and to amend the approved City of Miami Action Plan. The Public Hearing will be held: Thursday, June 29, 2000 City of Miami Commission Chamber 3500 Pan American Drive Miami, Florida 33133 The following organizations are being recommended for HOME Program funding by the Department of Community Development in connection with the production of new rental housing units: Organization(s) Jubilee Community Develop- ment Corporation Little Haiti Housing Associa- tion, Inc. Project Name/Unit Pueblo del Sol 1700-1744 N.W. 15th Street Road 28 Units Little Haiti Scattered Site Project Various Sites 20 Units Total: Recommended Funding $ 500,000 360,000 $ 860,000 Following the Public Hearing, there will be a thirty (30) day public comment period. Public comments may be submitted in writing to: City of Miami Department of Community Development 444 S.W. 2nd Avenue, 2nd Floor Miami, Florida 33130 The City's 1999-2000 Action Plan will be amended to reflect the final allocations approved by the City Commission. CITY OF MIAMI RFP (1999-2000) HOMEOWNERSHIP HOUSING PROJECTS FUNDING LEVERAGE SUMMARY t Codec, Inc's. funding request of $200,000 was not considered due to the City's previously financial contribution of $1,128,151 to the Melrose Townhomes Project per Resolution No. 98-697. I • 0 CITY OF MIAMI RFP (1999-2000) HOMEOWNERSHIP HOUSING PROJECTS FUNDING LEVERAGE SUMMARY TOTAL ESTIMATED Proposal did not PROJECT FINANCING $2,629,000 $3,064,995 $1,100,797 include total project REQUIRED cost AMOUNT OF CITY FUNDING $500,000 *($1,000,000) $371,690 $112,500 -REQUESTED AMOUNT OF ADDITIONAL Proposal did not PROJECT FINANCING $2,129,000 $2,064,995. $729,107 include project total REQUIREDcost RATIO I LEVERAGE OF CITY FUNDS VS TOTAL PROJECT 1:4.2 1:2.0 1:1.9 Unavailable FINANCING REQUIRED t. Per resolution 98-12, $500,000 in Home Program funding previously committed to Allapattah Business Development Authority, Inc. for project. Therefore, the leveraging ratio indicated is based on a $1,000,000 rather than the additional $500,000 requested. 2 w LZ CITY OF MIAMI RFP (1999.2000) HOMEOWNERSHIP HOUSING PROJECTS FUNDING LEVERAGE SUMMARY TOTAL ESTIMATED PROJECT FINANCING $1,538,000 $1,735,000 $1,819,000 $6,020,000 REQUIRED AMOUNT OF CITY FUNDING $342,000 $360,000 $400,000 $5,000,000 REQUESTED AMOUNT OF ADDITIONAL PROJECT FINANCING $1,196,000 $1,375,000 $1,419,000 $1,020,000 REQUIRED RATIO / LEVERAGE OF CITY FUNDS VS TOTAL PROJECT 1:3.5 1:3.8 1:3.5 1:.20 FINANCING REQUIRED K • • J-00-54 1/7/00 RESOLUTION NO. A RESOLUTION OF THE MIAMI CITY COMMISSI N AUTHORIZING THE CITY MANAGER TO ALLOCATE $742,000 IN STATE HOUSING INITIATIVES PARTNERSHIP PROGRAM ("SHIP") FUNDS TO THE LITTLE HAITI HOUSING ASSOCIATION, INC. AND HABITAT FOR HUMANITY OF GREATER MIAMI, INC. IN CONNECTION WITH THE DEVELOPMENT OF APPROXIMATELY FORTY-NINE (49) UNITS OF AFFORDABLE HOMEOWNERSHIP HOUSING IN THE NEIGHBORHOODS OF EDISON-LITTLE RIVER AND OVERTOWN; AUTHORIZING THE CITY MANAGER TO ALLOCATE SAID SHIP PROGRAM FUNDS IN THE AMOUNTS) SPECIFICALLY STATED IN SECTION 2 OF THIS RESOLUTION; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE INDIVIDUAL CONTRACTUAL AGREEMENTS) WITH THE AFORMENTIONED NOT-FOR-PROFIT HOUSING DEVELOPERS IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE, SUBJECT TO CERTAIN TERM AND CONDITIONS. WHEREAS, there exists in the City of Miami ("City") a severe shortage of affordable housing for families and individuals of .: very low, low and moderate income; and WHEREAS, the City Commission recognizes that the participation of both the public and private sector are necessary to foster the development of housing affordable to very low, low and moderate income families and individuals in the City; and WHEREAS, the City has established through its Five (5) Year Consolidated Plan a goal in developing 1,000 new homeownership units on an annual basis over the next f=ve (5) years; and ------------- CITY coagg=off PMEMC or JAN 2 7 2000 hesolation Na r. • El 'WHEREAS, on October 29, 1999, funding proposals were received from both not-for-profit and for or fit housing developers in response to the City's Request For oposal for funding..under the Community Development Block Gralih� ("CDBG"), HOME INVESTMENT PARTNERSHIP ("HOME"), State Housing; Lnitiatives Partnership ("SHIP"), and Housing Opportunities for Persons With Aids ("HOPWA") Programs; and WHEREAS, based on the 'funding proposals received by the City for SHIP Program -funds in response to the RFP, it is recommended that the Little Haiti. Housing Association, Inc. and Habitat For Humanity_ of Greater Miami, Inc. receive SHIP Program funds for the purpose of undertaking land acquisition and project predevelopment activities associated with the development of forty-nine (49) new single family housing units in the City; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findingscontained in Preamble to this Resolution are hereby adopted by reference thereto and.,incorporated herein as if fully set forth in this Section.. Section 2. Funding in the amount of $742,000 in State Housing Initiatives Partnership Program funds are hereby allocated to.,the following not-for-profit housing corporations for undertaking site acquisition and predevelopment activities in C Page 2 of 4 connection with the development of new affordable homeownership housing units in the City, as specified in the amot indicated below: Organization: Type of Assistance: 'Amount Little Haiti Housing Land Acquisition $342,000 Association, Inc. Pre -Development Habitat For Humanity Land Acquisition $400,000 Of Greater Miami, Inc. Section 3. The City Manager is hereby authorized" to execute individual contractual 'agreement (s), in a form acceptable to the City Attorney, with the aforementioned not-for-profit and for-profit housing corporations, for the amounts) specified for each, for the purpose of providing financial assistance in connection with site acquisition and predevelopment costs associated with the development of approximately forty-nine (49) units of homeownership housing in the City. Construction on each of the proposed housing projects must be underway within twelve (12) months from the date of City Commission action. The City Attorney is hereby directed to incorporate language in each individual warranty deed that the ownership will vest in the City of Miami in the event construction is not underway within twelve (12) months from the date of City Commission action. 1� 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. Page 3 of 4 �� . Section 4. This Resolution shall become effective immediately upon its adoption and signature of the I or.' !: PASSED AND ADOPTED this 27th day of Janu'a�u 2000. JOE CAROLLO, MAYOR In a CC.0 Mi.2 Ali�f H,Gm vC_. .,. , 12 -Ss. $• •C. 1,s ���.. C: r.:a . ..' :!3 `nnr�`—! oi til.".• �:. ..�...:`., - r - Vii.._., � _. -._ ' beccrr:s z_ ::gin regarding same, ATTEST: Wafter J. F an; City Cie& WALTER J. FOEMAN CITY CLERK , APPROVED I FO AND CORRECTNESS: (�)W4�068 RO VILARELLO Y ATTORNEY •,RCL If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted.. If the Mayor vetoes this Resolut.ion,it shall become effective immediately upon override of the veto by the City Commission. Page 4 of 4 Y J-99-552 6/22/99 E, RESOLUTION NO. J 429 A RESOLUTION OF THE MIAMI CITY COMMISSI, WITH ATTACHMENT(S), AUTHORIZING . THE CI Y MANAGER TO SUBMIT A GRANT APPLICATION AND THE CITY OF MIAMI'S FISCAL YEARS 1999-20044 PROPOSED CONSOLIDATED PLAN "PLAN',.." RECOMMENDING FUNDING PROJECTIONS FOR THE CITY'S COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG"), HOME INVESTMENT PARTNERSHIPS ("HOME"), EMERGENCY SHELTER GRANT ("ESG") AND HOUSING OPPORTUNITIES FOR PERSONS WITH AIDS ("HOPWA") PROGRAMS TO THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (US HUD); AUTHORIZING FUNDING CATEGORIES IN ACCORDANCE WITH SAID PLAN, ATTACHED HERETO AND INCORPORATED. HEREIN; FURTHER AUTHORIZING THE CITY MANAGER, UPON APPROVAL OF SAID PLAN AND GRANTS BY US HUD, - TO ACCEPT THE SAME AND EXECUTE THE NECESSARY IMPLEMENTING AGREEMENTS WITH USHUD, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY; REQUIRING THAT APPROVALS AND AUTHORIZATIONS SET FORTH HEREIN SHALL OCCUR ONLY AFTER THE PUBLIC HEARING SCHEDULED FOR JULY 27, 1999. BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,v FLORIDA: Section 1. The City Manager is hereby authorized to submit grant applications and the City of Miami's Fiscal Years 1999-2004 Proposed Consolidated Plan ("Plan"), recommending funding projections for the City's Community Development Block Grant ("CDBG"), HOME Investment Partnership ("HOME"), Emergency CITY cOItnISSIQN ItREL 111XG OF JUN 2219% 8aolutbn Na `1 J r: • Shelter Grant (-"ESG") and Housing Opportunities for Persons,witI. Aids ("HOPWA") Programs to *the U.S. Department of; Housing and i Urban Development (USHUD). . i Section 2. Funding categories for the implementation of the FY 1999-2004 Community Development Block Grant (."CDBG"), HOME Investment Partnership ("HOME"), Emergency Shelter Grant ("ESG") and Housing Opportunities for Persons with AIDS ("HOPWA") °Programs, are hereby authorized in accordance with said Plan, attached hereto and incorporated herein. 'Section 3.- The City Manager is hereby authorized!' upon approval of the,Consolidated Plan and.grants by US HUD, to accept and execute the necessary implementing agreements, in a form acceptable to the City Attorney. Section 4. The approvals and authorizations set forth herein shall occur only after the public hearing scheduled for July 27, 1999. Section 5. This Resolution shall. become effective lr 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 - immediately upon its adoption and signature of the Mayor.-: PASSED AND ADOPTED this 22nd day of June 1999. t JOE CAROLLO, MAYOR In accordance with Miami Cotte Sec. 2-36, since the Mayer did not ird:cata arnro&^' cf this legislation by signing it in the designate lace rovided: s :;� !eCiva n - becomes effective with the elapse of t 0) ys m e date c;nm: Zrl regarding same, without the Mae erois ATTEST: WALTER J. FOEMAN CITY CLERNo CORRECTNESSE% ATTORNEY W3559:RCL:BSS City Cleric If the Mayor does not sign this Resolution, it shall become effective at the end of ten 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. f 3 - The Honorable Mayor and JUN i�4 1999 - Members of the City Commission =. _ I Five -Y Consolidated Plan Dod H. 'Warshaw City Commission Meeting City Manager June 22, 1999 RECOMMENDATION: It is respectfully recommended that the City Commission adopt the following attached legislation relating to the submission of the Five Year Consolidated Plan for Fiscal Years 1999-2004: A proposed resolution authorizing the City Manager to submit the proposed FY -1999- 2004 Consolidated Plan for the use of funds received by the City from the U.S. Department of Housing and Urban Development (HUD) to implement the Community Development Block Grant (CDBG) Program, Home Investment Partnerships (HOME) Program, Emergency Shelter Grant (ESG) Program and the Housing Opportunities for Persons With AIDS (HOPWA) Program, authorizing fimding categories for the aforementioned programs in the 25" Year and further authorizing the City Manager, upon approval by HUD of said Plan and grants, to accept the same and execute the nary implementing agreements with HUD. A proposed ordinance establishing four (4) new Special Revenue Funds for the HUD programs identified in the above proposed resolution and appropriating funds for each of the new Special Revenue Funds. BACKGROUND: The Department of Community Development has prepared the Five Year Consolidated Plan in accordance with federal regulations as stipulated in CFR Part 91, et.al. This statutory requirement consolidates submission of the planning and application process of the City's Community Development Block Grant (CDBG), Emergency Shelter Grant (ESG), Home Investment Partnerships (HOME) and Housing Opportunities for Persons With AIDS (HOPWA) formula programs administered by the Department of Community Development. The HUD grants are intended to meet the following three (3) objectives: • Enhance quality housing opportunities by increasing the availabilif� of permanent affordable housing for low-income residents, retaining the a$ordabl4 housing stock and increasing supportive housing to enable persons with special meds to live in dignity. . Quality of life enhancements that increase access to quality facilities and services, improve the safety and livability of neighborhoods, restore and preserve natural and physical features of special value for historic or architectural reasons and conserve energy resources. • Stimulate economic revitalization to create jobs for low-income persons; provide access to credit for community development that promotes long-term economic and social viability; and empower economically disadvantaged persons to achieve self- sufficiency. The proposed strategic plan defines a specific course of action for the revitalization of the City of Miami's communities and integrates economic, physical, environmental, community and human development needs into a comprehensive' and coordinated approach to address these issues. Total population, the percentage of poverty, age of housing, overcrowded housing, and growth, lag determine, entitlement eligibility. The national objectives include: • providing benefits.to low and moderate income families; • aiding in the prevention or elimination of slums or blight; and meeting other community development needs that have a particular urgency because existing conditions pose a serious and immediate threat to the health or welfare of the community. PUBLIC PARTICNYPATION Ln developing the Consolidated Plan, an extensive Citizen Participation process was conducted that included a series of public meetings .at the Citywide Community Development . Advisory Board level and District Public Hearings . co-chaired by the Chairperson of the Advisory Board and the City Commissioner representing each of the City's five (5) districts. The District Public Hearing concept represents a new approach in the City of Miami's planning process to develop its five year plan.for the allocation of HUD fimds. For the first time, elected officials were involved in the Citizen Participation process, from start to finish, beginning at the neighborhood level and concluding with the Public Hearirig approving the City's Consolidated. and Annual Plans. Each Public Hearing included 45.32, testimonies from recognized professionals in the areas of Housing, Economic Development, Public Services and Workforce Development. The Public Hearings also gave neighborhood residents the opportunity to actively participatelt n the planning process to develop community revitalization strategies to positivel=y impact local neighborhoods. 1 The District Public Hearings clearly pointed to a Citywide need for affordable housing, (particularly homeownership), job creation, expanded social services with an emphasis on programs for the elderly and programs for youth, a concern for public safety, increased park programs and infrastructure improvements. CONEWUNM REVITALIZATION DISTRICTS It also became apparent through the public hearing process and analysis of available data that the composition of the City of Miami has dramatically changed over the twenty-four (24) year history of the City's entitlement Programs. When the City of Miami was designated an entitlement city in 1974, the initial HUD allocation was based on eligibility factors determined by the 1970 census. At that time, the City Commission designated eight (8) areas with the largest pockets of poverty as '"OUG Target Areas". The designated target areas included: Coconut Grove, Little Havana, Downtown, Overtown, Wynwood, Allapattah, Mson/Little River and Model City. The City Commission has chosen historically to allocate these fiords to eight designated target areas that have traditionally represented the most severely stressed areas of the City. In the twenty-five years since this designation, except for minor modifications, the target area boundaries have remained basically the same and entitlement allocations have been restricted to these areas. Through the lifetime of the entitlement program, the state of the City has dramatically changed These changes did not occur overnight. In 1999, those areas that may have been considered middle class -in the 1970's have deteriorated through the 1980's and 1990's. The housing stock has grown old and so has the general population. The City's population base has also been transient and the homeownership rate staggers substantially below the national, state and county averages. The City of Miami has been the center for refugee flight in the 1980's and 1990's from Cuba, Haiti, and various parts of South and Central America. In the 1980's, the streets of Miami were also the scenes of civil unrest and riots. Through a combination of these factors; Miami has evolved into a City rated as the fourth poorest City in the nation according to statistics derived from the 1990 Census and, according to updated mid -decade data from HUD, the 1995 poverty rate for the City has increased by 10%. It is time to recognize those changes and revise the target area funding strategies that have been used in the past. Through a coordinated effort of the Departments of Community Development, Planning and Development and Real Estate and Economic Development, a Study Group was formed and has been operating for almost 8 months. The Group's assessment of the City's history in utilizing HUD funding resulted in the development of strategies to more X32 aggressively respond to fulfilling the three goals of quality housing opportunities, quality of life enhancements and economic revitalization. The Group considered the present dynamics, demographics and environments of the I City of Miami's distressed neighborhoods in reaching a conclusion. In weighing the strength and weaknesses demonstrated in the history of the use of HUD funding, it was determined that there is a need to reassess and reevaluate the distribution of these funds. The pock4ts of poverty in the City have expanded and, twenty-five years later, it is time to also focus on these new areas that have previously been neglected. The concept of Community Revitalization DWricts was developed to establish a meaningful investment of the residents through homeownership, which also translated into the need for goods and services conveniently available in the neighborhood to open a window for economic opportunity. The use of HUD funding is critical to provide a catalyst to propel change in the City's most impoverished, neighborhoods by reducing the isolation of income groups within areas by increasing housing opportunities for. low and middle-income persons. and . revitalizing deteriorating neighborhoods through quality of life enhancements and economic revitalization. These Districts . will be the focus of intensive efforts to foster economic development, increased home ownership, and improved overall neighborhood quality. Specific initiatives within each Community Revitalization District will be developed based on the condition of the housing stock, ownership patterns, clustering potential of vacant land, market conditions, transportation conditions, and infiastructure and other needs for both the Homeownership Zone and the Economic Opportunity Zone. The goal is to engender viable and visible economic revitalization benefits in these Districts and promote intensive redevelopment to attract and retain businesses. Particular emphasis will be focussed on businesses that. can supply unskilled, low skill and semi -skilled employment opportunities consistent with the existing and developing, skills of the unemployed and underemployed. This should result in the reduction of unemployment and underemployment in and around these Districts. In the appropriate' sections of this Plan, recommendations and policies for the disposition of the identified individual and clusters of properties will be suggested that will encourage the development of affordable housing, the revitalization of commercial corridors and the development. of green and open spaces. The Plan also focuses on encouraging middle-income residents to relocate in the City, especially individuals employed by the City of Miami. The Plan provides financial incentives aimed at reintegrating middle-income residents back into the City and into the Community Revitalization Disarm and/or historic districts. The Plan proposes a proactive approach to address the quality of life issues in the Community Revitalization Districts. Because of the limited funds available for programs, service providers will be encouraged to coordinate their efforts and in many instances provide their services from a central .location in the City parks. Cooperative efforts will insure that all -available resources will be used to provide quality of -life enhancements in the Districts, such as affordable daycare, access to healthcare, access to early childhood education, and a substantial reduction in crime through targeted Jinvestments in community policing activities and investments in youth activities. The Ity will expand its legislative agenda to include improved transportation, the preservation of open space and other issues affecting the Districts. The City will also research grant sources for additional funding for quality of life programs and provide assistance and support to community based agencies in identifying additional funding sources and assist in the preparation of the application for those funds. The establishment of Honwownership Zones in contiguous; geographically defined areas within Community Revitalization Disft icts, together with other physical, social, and economic development activities, makes a substantial, visible improvement in that community. The goal is to revitalize distressed areas by converting vacant, abandoned or blighted land and buildings into dynamic* neighborhoods by developing single family homes for families with a mix of incomes, including low -and moderate -income families. This creates a foundation for bringing back commercial reinvestment and more, because new owners create demand for neighborhood economic activities, such as grocery stores and other retail. Since the CDBG target areas are no longer the only distressed areas, the Study Group developed conditions relative to levels of income and the percentage of homeownership throughout the City to establish the areas when reinvestment would create the most dramatic changes. Two benchmarks were established to measure these conditions: 1. A household income of less than 50.0 of the county median 2. A home ownership rate of less than 20%. Clusters of publicly owned land in the Community Revitalization Districts will be identified to serve as the starting point for infill housing and commercial development initiatives, as well as green space/open space initiatives. The development of city -owned properties, along with an effort to acquire or assist in the acquisition of adjacent privately -held properties and the improvement of existing properties through code enforcement, community policing and maintenance incentives, will serve as a catalyst in the revitalization efforts. POLICY RECOMMENDA TIONS FOR QUALITYHOUSING OPPOR TEM77ES • Establish home ownership as a funding priorityfor the allocation of HUDJunds • Prioritize the allocation of HUD funds to projects located in the Homeownership Zones of the Community Revitalization Districts • Award bonus points to proposals sponsoring homeownership projects • Modify the Single Family Rehabilitation Program for homeowners from a loan program to a grant program ; • Increase the maximum assistance available through the Single Fam�y Rehabilitation Program from $35, 000 to 40, 000 per household i • Establish a single family owner occupied emergency grantlloan program to meet _ immediate urgent household needs • Prioritize available public land in the first year of. the Five Year Plan to develop in- fill affordable homeownership projects in the Hemeownerskip Zones of the Community Revitalization Districts • Establish an Affordable Housing Land Disposition Policy that provides public land at no cost to develop affordable housing projects • Establish a leaselpurchase program for economically disadvantaged families • Establish a homebuyer's counseling program • . Establish Homeownership Incentive Programs to attract City employees and middle income families to relocate in the City of Miami • Establish an Affordable Housing Finance Committee to explore prospective financing mechanisms for the production of affordable housing ECONOMIC OPPORTUNITY ZONES Considerable effort will be devoted to businesses in the Economic Opportunity Zones. A wide variety of services will be provided by the City's Business Assistance Cerner, including the review of business operating systems, development of business plans, marketing plans, budget analysis, accounting .and risk -management procedures, insurance and bonding . procedures, inventorycontrol, personnel management and customer relations. The recruitment of new businesses will be a strong focus with up front assistance in putting together business plans, loan applications, personnel screening and all other requirements in opening a new business. Facade improvement, sidewalk repairs, new signage, parking and coordination with the County in road improvements will be provided. A coordinated effort to provide a "marketing theme" for the business corridor will be explored and the development of a joint marketing campaign to bring new customers to the Districts will be planned. Those businesses outside of .the Districts who are pledging employment for District residents will receive financial incentives such as 108 loans, and others. The City's Office of Workforce Development, through its One -Stop Centers will be the source for training and job placement. Additionally, a corps of job developers in each Center is involved in creating jobs for the very low, low and moderate -income residents in the Districts. The Office of Workforce Development will utilize the City's First Source Hiring Ordinance in generating job opportunities for District residents and will work with (``0 Q the Empowerment Zone Trust in assisting residents living in -Districts within the Empowerment Zone to access the thousands of jobs pledged for Zone residents. l The Five -Year Consolidated Plan recognizes the growth opportunities the older more urban corridors of the City and the development of the Commaniiyy, Revitalization Districts is the focus of that growth potential. The assets of these Districts include existing infrastructure; the opportunity for land assembly and residential development; access to transportation and proximity to jobs; the business and cultural center; an underutilized workforce; and proximity to the area's natural beauty. In implementing the strategies of the Five -Year Consolidated Plan, the City expects to build alliances with a broad range of partners including the business sector, developers, community-based organizations, goverment, environmentalists and community residents. These entities can unify to support a new approach to revitalizing our communities. POLICYREC0AAffNDATIONS TO EXPAND ECON016HC OPPORTUNITIES • Provide financial assistance to the City of Miami Public Works Department to upgrade the infrastructure of the Economic Opportunity Zones • Work with the Department of Off -Street Parting to meet the parking requirements of the area, including the acquisition ofproperty to be used for parking • Provide access to training and entrepreneurial opportunities through the One Stop Centers, including supportive services leading to selfsuffldency POLICY RECOMMENDATIONS TO EXPAND ECOMOAHC OPPORT'UNITJE9 (CONTINUED) • Provide large scale renovation along strategic commercial corridors by creating incentives to improve the visual appearance of business properties (fafade renovation, including painting, signage, awnings, storefront improvements, landscaping, lighting and other design. elements) • Hire economic development professionals or contract outside consultants to provide technical assistance to new and existing businesses • Provide low interest loans for physical improvements to upgrade storefronts, resolve code violations and purchase equipment for businesses located in the Economic Opportunity Zones • Advocate the promotion of public transportation as a legislative priority to access to job centers located outside of the City 0 0 — 532 QUALITY OF LIFE ENHANCEMENTS As the' City of Miami develops targeted Community Revitalization DWricts to create homeownership opportunities, . economic stability through the stren ., ening of local businesses thatP rovide services and jobs for neighborhood residents and skills training to prepare residents to successfully compete for these jobs, quality of lifel enhancements provide the final link to changed lives., This includes public service and capital improvement projects, such as. street repairs, sidewalk replacements, park and public facilities . to complement the physical and ,economic development activities in the Community Revitalization Districts. The City of Miami has been successful in its efforts to increase the 15% cap restriction for public services. Congress adopted legislation increasing the City of Miami's CDBG I ublic services cap to 25% for a three (3) year period. The 10% increase in the public services cap must be used to provide services to persons impacted by welfare reform. This waiver will increase available finding that may be directed to public services by approximately $1.2 million annually for the next three (3) years. In addition to public services, the Plan includes quality of life enhancements through' projects in what have been traditionally classified in.the category identified as Public, Facilities in previous Annual Action Plans. This includes capital improvement projects such as the completion of street repairs, replacement of sidewalks and improvements in parks and public facilities These programs must create an environment that addresses the needs of the neighborhood while simultaneously caring for its aging population and also providing opportunities for its future generation to succeed. While the piecemeal approach of allocating quality of life enhancement projects in the past may have been effective at minimally addressing specific needs in particular target areas, these 'projects, as effective, successful and beneficial as they may have been in providing services to the neighborhood, have not . necessarily revitalized the City's impoverished communities. A comprehensive approach to meeting the quality of life needs in the Community Revitalization Districts is crucial to complement the physical and economic development activities to effectively improve the quality of life for the City's neediest residents, The proposed Community Revitalization Districts have been created to provide opportunities to make substantive changes in depressed areas of the City. It is essential to develop a coordinated approach to change the traditional cycle of poverty and maximize the use of available resources. A common concern identified in the public hearing process has been that City parks lack programs. Rather, than providing youth with opportunities to participate in recreational activities, the programless City parks have created an environment that spawns gang activity and illegal drug use and distribution. To compound this predicament, bond funds 0 are available to make physical improvements in the parks and modernize or construct new facilities, but funding is still not available to provide viable programs in these parks. Creative approaches must be implemented to resolve this situation and #Lake City parks places where viable programs are operating, citizens are utilizing these p�grams and the criminal element is forced to move elsewhere. t There are obvious quality of life needs and limited funding is available to meet these needs. At the same time, City parks remain programless. It makes sense to fund social service agencies that can fill that void. If fluids are available to make capital improvements in the parks, then it is logical to identify community based organizations providing essential services to operate these programs in City parks. This includes a full range of services that may include programs for the elderly or programs directed to youth. Active programs in the City parks will promote community, residents to utilize neighborhood facilities while at the same time serving as a deterrent to crime in the community. This strategy can be ins>zumental in effecting quality of life standards in the Community Revitalization Districts. The basic concept is to promote proposals that will make the City's parks viable community based centers of activity. The concept is a win-win situation for the community-based organizations providing services in the City parks. Not only do these organizations receive public service funding, but there is also a tremendous opportunity to reduce operating costs. HUD funds for capital improvement projects must also be maximizers to complete the quality of life cycle in the Community Revitalization Districts. This includes a strategy that specifically directs HUD dollars to improve streets, replace sidewalks and improve public facilities that enhance the quality of life for residents of the Community Revitalization Districts. POLICYRECOMMENDAT'IONS FOR QUALITYOFLffFM Z NCEVENTS • Allocate the maximum allowable 25% to. public service programs • Award bonus points to Agencies proposing to operate programs in City parks • Award bonus points to proposals including coordinated services (elderly programs, youth programs, childcare etc.) • Award bonus points to proposals establishing partnerships to provide coordinated, diverse services • Award bonus points to proposals serving the Community Revitalization D&&icts • Prioritize social program proposals to programs for the elderly and youth • Authorize City Departments to implement capital improvement projects. • Prioritize capital improvement funds to projects located in the Community Revitalization Districts • Leverage CDBG public service allocations to insure maximum use of available funds C P' 19 r ) c- esu 4 • Ensure that available Empowerment Zone funds meet social service needs in the Community Revitalization Districts • Provide letters of support to community based organizations seekin �utside funding • Refer community based organizations to appropriate funding sources • Recognize quality of life enhancement. needs in developing the pity's Legislative Agenda • Actively research grant sources for community based agencies to apply for funding and provide technical assistance to prepare grant applications • Co-sponsor social service grants with community based organizations Therefore, it is respectfully requested that, the proposed ordinance and resolution be adopted authorizing the City Manager to submit the FY-1999-2oo4 Consolidated Plan for the use of funds received by the City from the U.& Department of Housing and Urban Development (HUD) to implement the Community Development Block Grant (CDBG) Program, Home Investment Partnerships (ROME) Program, Emergency Shelter Grunt (ESG) Program and the Housing Opportunities for Persons With Aids (H®PWA) Program, establishes funding categories for the aforementioned programs in the 25* Year, authorizes the City Manager to accept, and execute the,necessary implementing agreements upon approval by HUD and establishes four (4) new Special Revenue Funds for the HUD programs as identified above. DHW/DB/GCW/DF J-99-702 8/2/99 �L 0'20 '99 8:46 No -002 P-02 RESOLUTION NO. — 606 { V A RESOLUTION OF THE MIAMI CITY COMMISSION AMENDING RESOLUTION NO. 99-429 WHICH )t AUTHORIZED (1) THE CITY MANAGER TO' SUBMIT A GRANT APPLICATION AND THE CITY OF MIAMI'S FISCAL YEARS 1999-2004 PROPOSED CONSOLIDATED PLAN ("PLAN"), WHICH RECOMMENDED, FUNDING. PROJECTIONS FOR THE CITY'S COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG"), HOME INVESTMENT PARTNERSHIPS ("HOME"), EMERGENCY SHELTER GRANT ("ESG") AND HOUSING OPPORTUNITIES FOR PERSONS WITH AIDS ("HOPWA") PROGRAMS TO THE UNITED STATES. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (US HUD), (2) FUNDING CATEGORIES IN ACCORDANCE WITH SAID PLAN, AND (3) THE CITY MANAGER, UPON APPROVAL OF SAID . PLAN AND GRANTS BY US HUD, TO ACCEPT THE SAME AND EXECUTE THE NECESSARY IMPLEMENTING AGREEMENTS WITH USHUD, THEREBY MODIFYING SAID CONSOLIDATED PLAN AND SAID RESOLUTION TO INCLUDE DIRECTIVES AND REVISIONS AS MORE PARTICULARLY SET FORTH HEREIN. WHEREAS, pursuant to a public hearing held concerning the Five -Year Consolidated Plan ("Plan"), Resolution No. 99-429, was adopted, on June 22, 1999; and WHEREAS, at a second public hearing held on July 27, 1999, the City Commission directed that the Administration incorporate certain modifications as part of said Resolution and Plan; and WHEREAS, the City Commission now wishes to amend Resolution No. 99-429 and the Plan to include said modifications- and AN n ?. MQ Reao2uowa YVa 6 0 1 39,46) directives 020'99 .8:47 N0.002 P.03 NOW, THEREFORE, BE .IT RESOLVED BY THE COMMISSION 0THE CITY OF MIAMI, FLORIDA: r Section 1. The recitals and findings contained in the Preamble to. this Resolution are hereby, adopted by reference thereto and incorporated herein as, if fully set forth in this Section. Section 2- 'Resolution No..99-429, adopted June 22,"1999, is hereby amended in the following particulars:''-/ "RESOLUTION NO. 49-424 Section 2. The City Manager is hereby authorized to submit grant applications and.the City of Miami's Fiscal Years 1.999-2004 Proposed Consolidated Plan ("Plan"), recommending funding projections for the City's Community Development Block Grant ("CDDG"), HOME Investment Partnership ("HOME"), Emergency Shelter Grant ("ESG") and Housing Opportunities for Persons. with Aide ("HOPWA") Programs to the U.S. Department of Housing and Urban Development (US HUD)—,-Whinh Plan Q}191 1 be modified to i n _1 ud the fo11 okzJ n$ i rPct.Jy. Anci rPvi iii onn as Aat fn t -h h r i n: The bo in ariPr, of tbg RdiLgnn T ' t t- 1 giver comm_uni t�( Rnvi a1 i .e i nn ni a ri rt Words and/or figures stricken through shall be deleted. Underscored words and/or figures shall be added. The remaining provisions are now in effect and remain unchanged. Asterisks indicate omitted and unchanged material. 2 - X32 0L: 0020'99 8:47 No .002 P.04 Section 3. Funding categories for the implementation of the FY 1999-2004 Community Development Block Grant (,,CDBG"), HOME Investment Partnership ("HOME"), Emergency Shelter Grant ("ESG") and Housing Opportunities for Persons with AIDS ("HOPWA") Programs, are hereby authorized in accordance - with said Plan. Section 4. The City Manager is hereby 9 0102.0'99 8:47.No.002 P.OS authorized2l upon approval of the Consolidated Plan and grants by US HUD, to accept and execute the necessary implementing agreements, :in a form acceptable to- the City Attorney. r Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor:" PASSED.AND ADOPTED this 2nSI ! .day of Au ust 1999. JOE CAROLLO, MAYOR in eCWmknc® wilt Miami Code Sec. 2-W, since the Mayor did not fndlcate approvtl of tttis legislation try signing.it in the designated p e provido, sear? sfEti,il r1^.7 becomm G#Wtiv Wth the elapse of ten (1 from ate o missicr���cr: regarding same t WXM the Mayor eordfing e , ATTEST r J. aemRn, C" Clerk .10000 WALTER J. FO CT1'Y CLERK Ile APPRO AS CORRECTNESS VILARELLO I A " OIRNEY W36 :RCL:BSS, 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. 21 If the Mayor does not sign this Resolution, it shall become 'effective at the end of ten. 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 Co=ission. 4 - J-98-291 / 5/11/98 RESOLUTION NO. 9 8 al C3 °I A RESOLUTION ESTABLISHING A POLICY WITH RESAT TO AFFORDABLE HOUSING PROJECTS RECE G PROJECT FUNDING FROM THE CITY OF M A1bII THROU THE CDBG, HOME AND SHIP PROGRAMS, REQUHkINC, A LEVERAGING FACTOR AS A CONDITION FOR SECURING PROJECT FUNDING OF A MR45 UIM OF A ONE (1) TO THUM (3) FOR HOMEOWNERSHIP PROJECTS AND A MINIMUM OF ONE (1) TO FIVE (5) FOR RENTAL PROJEC'T'S WITH RESPECT TO OTHER PROJECT FUNDING SOURCES INCLUDING BOTH PUBLIC AND/OR PRIVATE SECTOR SOURCES. WHEREAS, in the City's there exists i severe shortage of housing within the affordabi4ty range of families and individuals of low and moderate income, and WHEREAS, the City Commission recognizes that the participation of both the public,'sad private sectors is necessary to foster the development of housing affordable to low and moderate income families and individuals in the City, and WHEREAS, it is recommended by the Economic Development and Transportation Committee that the City Commission establish a policy that requires all affordable housing projects requesting project funding from the City of Miami through the CDBG, HOME and SHIP Programs, be required to leverage other public and priva!e sector funds in connection with said project; and JUN O 9 Im PAODUAM No, -- 532 WHEREAS, it is further recommended by said Conunittee that the minimum lev crage ratio shall be one (1) to three (3) for homeownership projects and a minimum of one (1) to five (5) for rental projects in order for any affordable housing project to secure 0i assistance through the aforementioned housing programs; NOW, THEREFORE, BE IT RESOLVED BY THE CONINHSSION OF THE CITY OF NflAW FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are hereby adopted by reference thereto and incorporated herein as if fully, set forth in this Section. Swdon Z. A policy is hereby established. whereby any affordable housing project(s) receiving project funding from the. City of Nami through the CDBQ, HONE and SIM' Noomms, shall be required to secure other project funding from other sources which wM leverage the minimum City's assistance at a of one (1) to three (3) for homeowne"hip prqJect9.*.*. MW a minimum of one (1) to &e (5) for a rental housing project. Section 3. This RC30][Ution shall become effective immediately upon its adoption. PASSED AND ADOPTED this 9th day of June .,1998. ATTEST: . JOE CAROLLO, MAYOR In accordance with Miami Code Sec. 2-38, since the Mayor did not Indicate approval of this legislation by signing R In the designated place provided, sai:! becomes effective with the elapse of ten (10) days f rn the date of Cc.-nrr. . : 3 S: cn C regar&v same, **W the Mayor exercising Wallet J. City Clerk WALTER L FOEMAN CITY CLERK 2 GO- 532