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HomeMy WebLinkAboutR-22-0082City of Miami �✓/ Resolution R-22-0082 >31, II 11 _ Legislation File Number: 11516 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATT ESTABLISHING A NEW SPECIAL REVENUE PROJECT TITLED EVERYONE RENTAL ASSISTANCE PROGRAM," ATTACHED INCORPORATED AS EXHIBIT "A" ("PROGRAM"); ALLOCA APPROPRIATING FUNDING IN AN AMOUNT NOT TO E D DOLLARS ($5,000,000.00) FOR THE PROGRAM TO PR i^ TO MIDDLE CLASS CITY OF MIAMI RESIDENTS WHO AR ABSORB DRAMATIC RENT INCREASES; APPO k F THE PROGRAM BETWEEN THE FIVE (5) CO SION RI qC NT(S), I O R 116 AND F1V&MILLI 4 PURSUANT TO THE ANTI -POVERTY INITIA METHOD GY®FURTHER AUTHORIZING THE CITY MANAGER TO ALL JE AND A ROPRIATE AN AMOUNT NOT TO EXCEED TWO HUNDS HUNDRED FIFTY-ONE DOLLARS AND NI THE DEPARTMENT OF HOUSIN D C THE ADMINISTRATION OF THE FOR SIX (6) MONTHS WITH OP PROGRAM AS FURTHER DE BE SPONSOR(S): Mayor Francis Manolo Reyes, CommissionA WHEREAS, n fifty percent (50%) co WHEREA do not qualify for Departmenof H to absorb`, h d HOU D, TWO 250,251.19) TO IT ELOPMENT FOR JkRIZING THE PROGRAM UE OR TERMINATE THE Russell, Commissioner t in South Florida has risen approximately of anywhere in the nation; and Mia wishes to provide assistance to City residents who "� rental assistance programs administered by the City's )m 'unity Development ("Department') but are not financially able ic, _uses; and .. ,_ ashes to establish the "Miami For Everyone Rental Assistance incorporated as Exhibit "A" ("Program"), to provide assistance to those ' unding for the Program will come from the CityCoin Gift the City received Agreement authorized by Resolution No. R-21-0345; and 01 WFITREAS, it is in the best interest of the City's residents to apportion the funding for he Program between the five (5) Commission Districts pursuant to the Anti -Poverty Initiative API") methodology; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: City of Miami Page 1 of 2 File ID: 11516 (Revision: A) Printed On: 3/29/2022 Rescinded by R-23-0207 File ID: 11516 Enactment Number: R-22-0082 Section 1. The recitals and findings contained in the Preamble of this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The Miami City Commission establishes and implements the Program as detailed in Exhibit 'A" attached and incorporated. Section 3. The following new Special Revenue Project is established and resoG allocated and appropriated as described herein: Miami For Everyone Rental Assistance Program CityCoin Gift pursuant to the Gift Agreement authorized in Resolution No. R-21-0345 Miami For Everyone Re Assistance Program Section 4. The funding for the Pl' Districts pursuant to the API methodology. Section 5. The Progra Program is first made availabl the District Commissioner ma the Program with the remaini direct the remaining Pggffigm subject to all appr a dg s are, Ito the for Administrative 6ciated with ring the Program n the five (5) Commission for sir(6) months from the date the hdWartment. After the initial six (6) months, I the istrict's needs, to either continue funding >r terminate the Program within the District and rdable housing project(s) within the District, approvals. all become effective immediately upon its adoption and If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) 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. W@#MMiby R-23-0207 Page 2 of 2 File ID: 11516 (Revision: A) Printed on: 312912022