HomeMy WebLinkAboutLegislation'
City of Miami
Legislation
Resolution
File Number: 09-00901
City Hall
3500 Pan American
Drive
Miami, Fl- 33133
www.miamigov.com
Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION SUPPORTING THE
ELIMINATION OF THE CAP ON THE STATE AND LOCAL HOUSING TRUST
FUNDS AND FULL APPROPRIATION OF THE HOUSING TRUST FUNDS FOR
HOUSING PROGRAMS IN FISCAL YEAR 2010-2011; URGING THE GOVERNOR
AND THE MEMBERS OF THE FLORIDA LEGISLATURE TO ADOPT STATUTORY
CHANGES DURING THE 2010 SESSION TO REPEAL THE CAP; AUTHORIZING
THE CITY CLERK TO TRANSMIT A COPY OF THIS RESOLUTION TO THE
DESIGNATED OFFICIALS HEREIN.
WHEREAS, Miami City Commissioners have an obligation to provide for the housing needs of its
current and anticipated populations and to assist lower income families is dependent upon sufficient
housing assistance from federal and state programs; and
WHEREAS, the William E. Sadowski Affordable Housing Act of 1992 created a dedicated revenue
source for the state and local housing trust funds expressly and specifically to fund state and local
housing programs that assist local governments in meeting the housing needs of its population; and
WHEREAS, the Legislature enacted a cap on the Housing Trust Funds of approximately $243
million per year, beginning in Fiscal Year 2007-2008; and
WHEREAS, this cap is currently higher than the projected revenue for the Housing Trust Funds for
fiscal years 2010-2011, 2011-2012, and 2012-2013, and therefore removal of the cap would have no
negative fiscal impact on the state budget; and
WHEREAS, housing trust fund monies are the single greatest boost to the economy, providing
$7.66 million of economic impact for every $1 million of state funding, and full appropriation of housing
trust fund monies is critically needed to stimulate our local and state economy; and
WHEREAS, the unmet housing needs of low income Floridians is substantial and the downturn in
the real estate market creates opportunities for acquiring, constructing, rehabilitating, and preserving
housing to meet these needs, which opportunities are lost without Housing Trust fund monies;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. The recitals and findings in the Preamble to this Resolution are adopted by reference
and incorporated as if fully set forth in this Section.
Section 2. The Miami City Commission supports the elimination of the cap on the State and Local
Housing Trust Funds and full appropriation of the Housing Trust Funds for housing programs in fiscal
year 2010-2011.
City ofMiami Page I of 2 Printed On: 8/26/2009
File Number. 09-00901
Section 3. The Miami City Commission urges the Governor and the members of the Florida
Legislature to adopt statutory changes during the 2010 session to repeal the cap.
Section 4. The City Clerk is authorize to transmit a copy of this resolution to Governor Charlie
Crist and the members of the Florida Legislature.
Section 5. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{1}
APPROVED AS TO FORM AND CORRECTNESSc!�-
JULIE�_
•
ATTORNEYCITY
Footnotes:
{1 } If the Mayor does not sign this Resolution, it shall become effective at the end of ten 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.
City of Miand Page 2 of 2 Printed On: 812612009