HomeMy WebLinkAboutR-91-090077
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1 /26/91
91-- 90
RESOLUTION NO.
A RESOLUTION, WITH ATTACHMENTS, DIRECTING THE
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CITY MANAGER TO REALLOCATE APPROXIMATELY
$218,284 AND $76,266 IN UNEXPENDED 8TH AND
-18TH YEAR: COMMUNITY, DEVELOPMENT BLOCK GRANT'
PROGRAM FUNDING, FROM CDGB PROJECTS ENTITLED
"OVERTOWN HOUSING REVITALIZATION"AND
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"OVERTOWN SECOND MORTGAGE HOUSING SITE
IMPROVEMENTS" FOR THE PURPOSE OF PROVIDING
FUNDING TO UNDERTAKE THE ACQUISITION OF SLUM
AND BLIGHTED PROPERTIES SITUATED AT' -NORTHWEST
13TH AND 14TH STREETS BETWEEN 2ND COURT AND
2ND AVENUE; SAID PROPERTIES ARE BEINO',
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ACQUIRED IN CONNECTION WITH THE DEVELOPMENT
OF A' FORTY-EIGHT (48) UNIT AFFORDABLE RENTAL
HOUSING PROJECT PLANNED BY ST. JOHN COMMUNITY
DEVELOPMENT CORPORATION IN THE OVERTOWN'
NEIGHBORHOOD.
WHEREAS, there exists in the City of Miami a severe shortage
of i.housing within the affordability range of families and
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individuals of low and moderate income; and
WHEREAS, the City Commission recognizes that the
participation of both the publicand private sector is necessary.
to foster the.. development of housing within the affordability
range of families and -individuals of low and'moderate income; and
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,.WHEREAS, St. John Community Development Corporation is
desirous of developing a forty --eight (48 )'- unit -af fordable rental
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housing project adjacent to the proposed thirty-five (35) unit
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rental housing project planned at Northwest 13th and 14th'Streets
between>2nd Court and 3rd`Avenue; and
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My CONIMMON
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FROM
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H6hdrable Mayor and Members �} 11991 PILE
DATE NOV
:
of` the City Commission
LS
Resolution Directing City
sue�Ect : Manager to Reallocate
$218,284 & $76t266
Une`icpended 8th & 10`th Year
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Cesar H.' Odio AeFERENCESCDBG Funding for Overto%
City Manager Land Acquisition' project;
ENCLOSURES:. City Commission Agenda
Item December 5 1g91 ,
BACKGROUNDS
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It is respectfully recommended that the City Commission adopt the
attached resolution directing the City Manager, to reallocate
approximately $218,284 and $76#266 in unexpended 8th and loth Year
Community Development Block Grant funds,from CDBG Projects entitled
"Overtown Housing Revitalization" and "Overtown Second Mortgage
Housing Site Improvements," respectively, for the purpose of
providing funding to. undertake the acquisition of slum and blighted
properties situated at Northwest 13th and 14th Streets between 2nd
Court and 2nd Avenue. The subject properties are.being acquired in
connection with the, development of a forty-eight (48) unit
affordable rental housing project planned for development by St.
John Community.Development Corporation in the Overtown neighborhood.
BACKGROUND:
The Department of Development and Housing Conservation recommends:
ratification of the attached resolution directing the City Manager
to reallocate -approximately $218,284 and $76,266 in unexpended,'8th
and loth Year Community Development Block Grant Program funds from
CDBG; Projects entitled- "Overtown Housing Revitalization:" and.
"Overtown Second Mortgage Housing Site Improvements," respectively,
for the purpose ofprovidingfunding to .undertake the acquisition: of
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slum and blighted properties situated at Northwest 13th and 14th
Streets between:2nd Court and-2nd Avenue.
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Over the past six (6),months, representatives of St. .:John Community
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Development Corporation have been working with the City
Administration in planning a -second phase of rental housing which=is
being proposed adjacent to a 355 unit rental development to' -be
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sponsored by St. Bohn Community Development Corporation-'in.,..the
Overtown neighborhood. Presently, St. John Community Development
Corporation is seeking the City's assistance in acquiring two (2)
existing multifamily apartment buildings situated on the 'parcel
where the forty-eight (48) unit affordable rental housing_;_project
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being proposed. The St. John CDC proposal calls for the development
of sixteen (16) 3-bedroom 2-bath units and thirty-two (32j 2=bedi: oomy
1 1/2-bath units.
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