HomeMy WebLinkAboutR-90-0261g
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4/2/90
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RESOLUTION NO. 90�0261
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A RESOLUTION AUTHORIZING THF, CITY MANAGER TO
ACCEPT A RENTAL REHABILITATION PROGRAM GRANT
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BONUS ALLOCATION FROM THE U.S. DEPARTMENT OF
i HOUSING AND URBAN DEVELOPMENT (HUD) FOR
$180,800 TO INCREASE TILE SUPPLY OF
AFFORDABLE, STANDARD HOUSING FOR LOWER INCOME
FAMILIES.
WHEREAS, Section 17 of the United States Housing Act of 1937
established a program known as the Rental Rehabilitation Program
to increase the supply of affordable, standard housing for lower
income families; and
WHEREAS, the City of Miami is experiencing a severe rental
housing shortage affordable to lower income families; and
WHEREAS, the U.S. Department of Housing and Urban
Development has allocated a bonus award of $180,800 of Rental
Rehabilitation Program Grant funds to the City of Miami;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
Section 1. The CG.ty Manager, as chief administrative
officer for the City of Miami, is hereby authorized to accept the
Rental Rehabilitation Program Grant bonus allocation from the
U.S. Department of Housing and Urban Development for $180,800 to
increase the supply of affordable, standard housing for lower
income families.
Section 2. This Resolution shall become effective
immediately upon its adoption.
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PASSI'J) TVIn ",D(7)PTF D i h i s I2th
ATTE
MATT HIRAI, CITY CH, FRK
FINANCE IEW:
CARL (' IA, DIRECTOR
FINANCE .PARTMENT
PREPARED AND APPROVED BY:
Zj
JQEq E. MAXWELL
CkY,F ASSISTANT CITY ATTORNEY
<i y or, Ap_r_i_l 1090,
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STIARU , t ..OR
BUDGETARY REVIEW:
U
MANOHAR SURANA, DIRECTOR
MANAGEMENT AND BUDGET
APPROVED AS TO FORM AND CORRECTNESS:
f J RGE L. ERNANDE7
CITY ATTOf�NEY
902(►:t
CITY OF MIAMI, FLORIDAICA ®20
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INTER -OFFICE MEMORANDUM
TO Honorable Mayor and DATE l.� ,�+� FILE
Members of the ty Commission �' ► ►�J]
SUBJECT Resolution Accepting
t Rental Rehabilitation
Program
Cesar H. Odi8� Bonus Allocation
FROM C 1 ty Manager REFERENCES City ity Commission Agenda
?tom Aaril 12, 1990 _
ENCLOSURES
RECOMMENDATION,
It is respectfully recommended that the City Commission approve the
attached resolution authorizing the City Manager to .accept a Rental
Rehabilitation Program Grant bonus allocation from the U. S.
Department of dousing and Urhan Development in the amount of S130,800 =-
Eor the purpose of increasing the supply of affordahle, standarl _�
rental housing for lower income Families.
3ACKGROUND:
The Department of Development and Housing Conservation recommends
that the City Commission approve the attached] resolution .authorizing
the City Manager to accept a Rental Rehabilitation Program ;rant
bonus allocation from U. S. HUD for $180,800. These Funds ar,�
granted in recognition of the City's excellent performance in
committing all of the funds originally approved under the Program.
The Rental Rehabilitation Program provides rental rehabilitation
grants to units (DE local government to assist in financing the cost
of the rehabilitation of privately owned rental housing development-,
The Program is designe,i to increase the supply of standard housing
unit.; affordable to lower income famiIiPs. This is achiever_ by
supplying government funds for `inancial assistanc? t:-) rehahilitate
existing rental housing units,
Rental Rehabilitation Program Grant Financing will be madq available
to owners of multifamily apartment buildings located in the City's
Community Development Target Ar,=as. The said Rands wi 11 5e usn:i in
conjunction with Community Dr-velopment Block Grant funds to lev•er.agP
private dollars to financo the rehahilitation of multifamily rental
housing units.
It is recommended that the City Commission approve the attached
resolution authorizing the City T4anager to accept this ad<litianal
grant in the amount of $180,800.
Attachments:
Proposed Resolution
90-026i
('% fi -)G -/
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U.S. Department of Housing and Urban Development
Jacksonville Office, Region IV
325 West Adams Street
Jacksonville, Florida 32202-4303
4.6CMA
FES 28 1e50
Honorable Xavier Suarez
Mayor of Miami
3500 Pan American Drive
Miami, FL 33133
Dear Mayor Suarez:
SUBJECT: Rental Rehabilitation Program (RRP)
Grant No. R-88-MC-12-0218
Addi tional Funds
.Miami, Florida
LI"' i.d C ►...
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� Sri � �7 � �� • _�.,
Dept. ur Devetc;.m :1:
& Hoycint: O'c,iscrv:a:ia '.
We are pleased to advise you that a total of $180,800.00 in
additional Rental Rehabilitation Program (RR?) funds have been awarded to
the City of Miami. These funds are granted in recognition of the good
performance in committing all of the funds originally approved under the
subject grant.
Enclosed are three copies of a revised Funding Approval Form
(HUD-40015) and Grant Agreement (HUD-40015.1). Each copy of the Grant
Agreement is to be signed as an original by you or an authorized
designee. You should keep one copy and return the others to our office.
We congratulate the City on this accomplishment and look forward to
continuing our working relationship with you and your staff on this
important program to improve the rental housing stock affordable to
Miami's lower income families.
Sincerely,
riim Chaplin
Manager, 4.6S
Enclosure
cc: Mr. Jeff Hepburn
Director of Housing Development
902(i1.