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HomeMy WebLinkAboutR-98-0800J-98-804 7/21 /98 RESOLUTION NO. 9 8- 8 0 U A RESOLUTION AUTHORIZING AND DIRECTING THE CITY MANAGER TO IMPLEMENT A SCATTERED SITE AFFORDABLE HOMEOWNERSHIP DEVELOPMENT PROGRAM FOR THE DEVELOPMENT OF NEW SINGLE FAMILY HOMES FOR LOW AND MODERATE INCOME FAMILIES ON VACANT PARCELS LOCATED MORE SPECIFICALLY IN THE AREA SITUATED BETWEEN NORTHWEST 58TH AND 62ND STREETS AND NORTHWEST 12TH AND 17m AVENUES, MIAMI, FLORIDA; AUTHORIZING AND DIRECTING THE CITY MANAGER TO ALLOCATE APPROXIMATELY $1,500,000.00 IN HOME INVESTMENT PARTNERSHIP PROGRAM AND/OR STATE HOUSING INITIATIVES PARTNERSHIP PROGRAM FUNDS FOR THE ACQUISITION OF VACANT PARCELS AND THE CONSTRUCTION OF TWENTY (20) TO TWENTY-FIVE (25) NEW SINGLE FAMILY, OWNER -OCCUPIED RESIDENTIAL UNITS THROUGH THE PROGRAM. WHEREAS, there exists a severe shortage of affordable housing in the City of Miami for families and individuals of low and moderate income; and WHEREAS, in the Model City Community Development Target Area, there exists a lack of affordable homeownership opportunities for low and moderate income families which has had a negative effect on the long range social and economic health of the neighborhood; and WHEREAS, in the Model City Community Development Target Area, there exist over five hundred vacant residential parcels which are suitable for the construction of new single family CITY COM MSSION MEETING OF J U L 2 1 1998 asso3utiou Na homes for purchase by low and moderate income families; and WHEREAS, it is recommended that the City Commission approve the implementation of a Scattered Site Affordable Homeownership Development Program ("Program") in the Model City neighborhood, for the development of new single family owner -occupied housing units in the neighborhood; and WHEREAS, the Program is designed to not only increase the supply of homeownership housing units in the City for low and moderate income families, but to also increase the City's tax base and to provide employment for small minority contractors and the recycling of vacant lots in the neighborhoods; and WHEREAS, it recommended that the City Commission allocate annually approximately $1,500,000 in HOME Investment Partnership Program and/or Community Development Block Grant Program funds for the acquisition of vacant parcels and the construction of twenty (20) - twenty-five (25) new single family owner -occupied units in the Model City Community Development Target Area in connection with the Model City Scattered Site Affordable Homeownership Development Program; 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 and directed to implement the Model City Scattered Site Affordable Homeownership Development Program ("Program") for the purpose of constructing new single family owner -occupied residential units in the neighborhood . Section 3. The City Commission hereby further authorizes and directs the City Manager 0) to allocate approximately $1,500,000 in HOME Investment Partnership Program and/or State Housing Initiatives Partnership Program funds for the acquisition of vacant parcels and the construction of twenty (20) to twenty-five (25) new single family, owner -occupied homes in the Model City Community Development Target Area in connection with the Program. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor'. PASSED AND ADOPTED this 21 st day of July , 1998. JOE CAROLLO, MAYOR In accordance with Miami Code Sec. 2-36, since the Mayor did not ind rate apprrw. " of this legislation by signing it in the designated place provided, leg s'a, , becomes effective with the elapse of ten (10) days from the date Uommissicn ac ;::: ATTEST: regarding same, without the Mayor exercisin vet . Walter J. Fte6man, City Clerk WALTER, J. FOEMAN, CITY CLERK LKK/csk/W2769 ' 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. 3