HomeMy WebLinkAboutR-85-0279J-85-251 it W
RESOLUTION NO.
85 279
A RESOLUTION AUTHORIZING THE CITY
MANAGER TO ACCEPT AND TO EXECUTE THE
NECESSARY CONTRACT AND AGREEMENTS
FOR A RENTAL REHABILITATION PROGRAM
GRANT FROM THE U.S. DEPARTMENT OF
HOUSING AND URBAN DEVELOPMENT (HUD)
FOR $690,000 TO INCREASE THE SUPPLY
OF AFFORDABLE, STANDARD ROUSING FOR
LOWER INCOME FAMILIES.
WHEREAS, Section 17 of the United States Housing Act of 1937
establishes a program known as the Rental Rehabilitation Program
Grant 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 $690,000 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 City Manager, as chief administrative
officer for the City of Miami, is hereby authorized to accept the
Rental Rehabilitation Program Grant from the U.S. Department of
Housing and Urban Development for $690,000.
Section 2. The City Manager is further authorized to
execute the required contract and agreements to implement the
program.
PASSED AND ADOPTED this 21 day of March , 1985.
ATTEST:
RA H G. ONGIE
CITY CLERK
Maurice A. Ferre
Maurice A. Ferre
Mayor
-1-
CITY COIKMISSION
MEI:1'ITy G pg
MAR 21 tM
..�
RESOW11Ur, ,,u. S /(
REMPOKS.
t
u
11
PREPARED AND APPROVED BY:
i "1 9
ROBERT F. CLARK
CHIEF DEPUTY CITY ATTORNEY
APPRO A FORM AND CORRECTNESS:
LUCIA A. DOU ERTY
CITY ATTORNE
85-2'79
I
CITY OF MIAMI, FLORIDA
6
i INTER -OFFICE, .MEMORANDUM 122
TO. Randolph R sencrantz , BATE: 1 5 February 27, 1985 FILE.
City Man er
.Frank' Castaneda
Director
FROM Community Development
Rental Rehabilitation
SU13JECT: program Grant $690,000
REFERENCES: City Commission Agenda Item
March 14, 1985
ENCLOSURES:
It is recommended that the City
Commission approve a resolution
authorizing the City Manager to
accept and to execute the
necessary contract and
agreements for a Rental
Rehabilitation Program Grant
from the U.S. Department of
Housing and Urban Development
for $690,000 to increase the
supply of affordable, standard
rental housing for lower income
families.
The City of Miami has been allocated $690,000 of Rental
Rehabilitation Program Grant funds by the U.S. Department of Housing
and Urban Development. In addition, Section 8 Existing Certificates
and/or vouchers will be made available based on a ratio of one for
every $5,000 of grant funds.
The Rental Rehabilitation Program provides rental rehabilitation
grants to units of local government to help support the
rehabilitation of privately owned real property to be used for
primarily residential rental purposes. The Program is- designed to
increase the supply of standard housing units affordable to lower
income families. This is achieved by (1) supplying government funds
for financial assistance to rehabilitate existing units and (2)
providing rental housing assistance to lower income families to help
them afford the rent of units in projects assisted with program funds
or find alternative housing.
The Rental Rehabilitation Program Grant will be made available to
owners of real property located in Community Development Target
Areas. The funds will be used in conjunction with Community
Development Block Grant funds to leverage private dollars to finance
the rehabilitation of multi -family rental housing.
It is recommended that the City Commission authorize the City Manager
to accept this grant and execute the required contract and agreements
to implement the program.
^ �tFC/SC/mc
u
85r279