HomeMy WebLinkAboutAgenda Item Summary Forme,,.„A„ * AGENDA ITEM SUMMARY FORM
� File ID: #13969
Og4
Date: 05/04/2023 Requesting Department: Department of
Housing and Community Development
Commission Meeting Date: 06/22/2023 Sponsored By:
District Impacted: All
Type: Resolution
Subject: Acceptance of SHIP Funds for FY 2023-2024
Purpose of Item:
AUTHORIZING THE ACCEPTANCE OF STATE HOUSING INITIATIVES
PARTNERSHIP FUNDS ("SHIP"), IN THE AMOUNT OF $3,366,752.00 FOR FISCAL
YEAR 2023-2024, FOR THE STRATEGIES UNDER THE CURRENT SHIP LOCAL
HOUSING ASSISTANCE PLAN ("LHAP"); FURTHER AUTHORIZING THE CITY
MANAGER TO NEGOTIATE AND EXECUTE, IN A FORM ACCEPTABLE TO THE
CITY ATTORNEY, ANY AND ALL DOCUMENTS, INCLUDING AMENDMENTS,
RENEWALS, EXTENSIONS, AND MODIFICATIONS, AS MAY BE NECESSARY,
SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE
USE OF SUCH FUNDS.
Background of Item:
In July 1992, the State of Florida enacted the William e. Sadowski Affordable Housing
Act ("Sadowski Act") which allocates a portion of new and existing documentary stamp
taxes, which were paid on the transfer of real estate, to local governments for the
development and maintenance of affordable housing.
The Sadowski Act provides a dedicated revenue source for affordable housing and it
has created the Florida State Housing Initiative Partnership ("SHIP") program.
Pursuant to Resolution No. 22-0203, adopted June 9, 2022, the Miami City Commission
approved the City of Miami's ("City") Local Housing Assistance Program for the period
of July 1, 2022, through June 30, 2025, allowing the City's continued participation in the
SHIP Program.
On April 5, 2023, the City was notified by Florida Housing Finance Corporation a
distribution of SHIP funds in the total amount of $3,366,752.00 for State Fiscal Year
("FY") 2023-2024.
The City's Administration recommends the acceptance of SHIP funds, in the amount of
$3,366,752.00 for Fiscal Year 2023-2024, for the strategies under the current SHIP
LHAP.
Budget Impact Analysis
Item has NO budget impact
Item is NOT Related to Revenue
Item is NOT funded by Bonds
Total Fiscal Impact:
$3,366,752.00
SDecial Revenue Account No: 14003.910101.434000 (SHI
Reviewed By
Department of Community and Economic Development
Review Completed
05/04/2023 2:56 PM
Office of Management and Budget
Luis Hernandez -Torres
Office of Management and Budget
Marie Gouin
City Manager's Office
Larry M. Spring
City Manager's Office
Arthur Noriega V
Legislative Division
Valentin J Alvarez
Office of the City Attorney
Raymond Pereira
Office of the City Attorney
Victoria Mendez
City Commission
Maricarmen Lopez
Office of the Mayor
Mayor's Office
Office of the City Clerk
City Clerk's Office
Office of the City Clerk
City Clerk's Office
George Mensah
Department Head
Budget Analyst Review
Completed
Budget Review
Completed
Assistant City Manager Review
Completed
City Manager Review
Completed
Legislative Division Review
Completed
ACA Review
Completed
Approved Form and Correctness
Completed
Meeting
Completed
Unsigned by the Mayor
Completed
Signed and Attested by the City Clerk
Completed
Rendered
Completed
05/05/2023 1:38 PM
05/05/2023 2:13 PM
05/05/2023 3:37 PM
05/09/2023 9:37 AM
05/19/2023 1:10 PM
06/08/2023 4:24 PM
06/12/2023 2:13 PM
06/22/2023 9:00 AM
06/30/2023 5:17 PM
06/30/2023 5:19 PM
07/03/2023 11:24 AM
City of Miami
Legislation
Resolution
Enactment Number: R-23-0276
File Number: 13969
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Final Action Date:6/22/2023
A RESOLUTION OF THE MIAMI CITY COMMISSION, AUTHORIZING THE
ACCEPTANCE OF STATE HOUSING INITIATIVES PARTNERSHIP ("SHIP") FUNDS,
IN THE AMOUNT OF $3,366,752.00 FOR FISCAL YEAR 2023-2024, FOR THE
STRATEGIES UNDER THE CURRENT SHIP LOCAL HOUSING ASSISTANCE PLAN
("LHAP"); FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND
EXECUTE, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, ANY AND ALL
DOCUMENTS, INCLUDING AMENDMENTS, RENEWALS, EXTENSIONS, AND
MODIFICATIONS, AS MAY BE NECESSARY, SUBJECT TO ALL FEDERAL, STATE,
AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS.
WHEREAS, in July 1992, the State of Florida enacted the William E. Sadowski
Affordable Housing Act ("Sadowski Act") which provides for the allocation of a portion of new
and existing documentary stamp taxes, which were paid on the transfer of real estate, to local
governments for the development and maintenance of affordable housing; and
WHEREAS, the Sadowski Act provided a dedicated revenue source for affordable
housing and it has created the Florida State Housing Initiative Partnership ("SHIP") program;
and
WHEREAS, pursuant to Resolution No. 22-0203, adopted June 9, 2022, the Miami City
Commission approved the City of Miami's ("City") Local Housing Assistance Plan ("LHAP") for
the period of July 1, 2022, through June 30, 2025, allowing the City's continued participation in
the SHIP program; and
WHEREAS, on April 5, 2023, the City was notified by Florida Housing Finance
Corporation of a distribution of SHIP funds in the total amount of $3,366,752.00 for State Fiscal
Year (TY") 2023-2024; and
WHEREAS, the City's Administration recommends the acceptance of SHIP funds in the
amount of $3,366,752.00 for FY 2023-2024 for the strategies under the current SHIP LHAP;
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
adopted by reference and incorporated as if fully set forth in this Section.
Section 2. The acceptance of SHIP funds, in the total amount of $3,366,752.00 for
Fiscal Year 2023-2024, for the strategies under the current SHIP LHAP; is authorized.'
Section 3. The City Manager is authorized' to negotiate and execute any and all
necessary documents, including amendments, renewals, extension, and modifications, all in
forms acceptable to the City Attorney, subject to all federal, state and local laws that regulate
the use of such funds for said purpose.
Section 4. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
1
i ria i "ndez, y Attor ey 6/12/2023
' The herein authorization is further subject to compliance with all legal requirements that may be
imposed, including but not limited to those prescribed by applicable City Charter and City Code
provisions.
Z 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.