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SUBSTANTIAL AMENDMENT TO FY2008-2009 _ _ Deeelopme
ACTION PLAN RELATED TO THE USE OF
NEIGHBORHOOD STABILIZATION PROGRAM (NSP) FUNDS
Federal regulations governing the City of Miami 2004-2009 Consolidated Plan require that citizens be
provided reasonable notice of and an opportunity to comment on any substantial amendment to the plan
per 24CFR 91.105/115. The City of Miami was awarded $12,063,702, as a result of the 2008 Housing
and Economic Recovery Act (HERA), and proposes the following amendments to the FY -2008-2009
Action Plan in relation to NSP activities to be undertaken to benefit low-, moderate- and middle income
residents.
Activity/ Strategy
Change in dollar allocations as follows:
1. Transfer of $750,000 allocated funds from Strategy A: Establish financing mechanisms for purchase and
redevelopment of foreclosed upon homes and residential properties to Strategy E: Redevelopment of
demolished or vacant properties;
2. Transfer of $300,000 allocated funds from Strategy B: Purchase and rehabilitate homes and residential
properties that have been abandoned or foreclosed upon, in order to sell, rent, or redevelop such homes
and properties to Strategy E: Redevelopment of demolished or vacant properties;
3. Transfer of $51,000 allocated funds from Strategy C: Establish land banks for homes that have been
foreclosed upon to Strategy E: Redevelopment of demolished or vacant properties:
4. Amend Strategy B: Purchase and rehabilitate homes and residential properties that have been abandoned
or foreclosed upon, in order to sell, rent, or redevelop such homes and properties; to allow funds used for
single family purchase/rehabilitation to be used as down payment assistance;
5. For properties purchased by the City under Strategy C: Establish land banks for homes that have been
foreclosed upon, allow the City under Strategy D: Demolish blighted structures, to demolish a structure if
the City determines the rehabilitation costs exceed 50% of the "as is" appraised value of the property; and
6. Allow for revision of the NSP Substantial Amendment to comply with the United States Department of
Housing and Urban Development's revised definition of foreclosed and abandoned properties.
Draft copies of the substantial amendment will be available for public comment and review for a period of no less
than 15 days and may be obtained from the Department of Community Development at 444 SW 2 Avenue, 2 Floor,
Miami, FL 33130 or on its website at httn://www.miamigov.com/communitvdeveloomenbAapes/. The review and
comment period commences on Wednesday, June 23, 2010 and ends on Wednesday, July 7, 2010. Comments must
be submitted in writing to: 444 SW 2 Avenue, 2 Floor, Miami, FL 33130 Attn. Roberto Tazoe and must be received no
later than July 7, 2010. The substantial amendment will be presented to City commission for approval on Thursday,
July 8, 2010 at 9:00 a.m. (public hearing). The meeting site is accessible to the handicapped. Requests for special
accommodations may be directed to the Department of Community Development at 305-416-2080, no later than
three (3) business days prior to the public hearing.
PUBLIC NOTICE
Thursday, July 8, 2010 at 9:00 AM x^ Community
City of Miami Commission Chambers Development
j 3500 Pan American Drive 03
Miami, FL 33133
Federal regulations governing Community Development Block Grant ("CDBG") and other U.S. Department of
Housing and Urban Development ("HUD") programs require that a participating jurisdiction provide citizens with
reasonable notice of, and an opportunity to comment on, any amendments to funding of HUD programs. The public
is advised of the proposed amendment(s) to the funding of the City program(s) indicated below: ' t $
1. Discussion and proposed resolution changing the start of Community Development fiscal year from October 1
to April 1st effective April 1, 2011.
e avoprion or rnis uromancelNesoiurion, oy me commission, au ones me wry manager to orairl amena the appropriate ulty of mlaml annus
Action Plan.
t This item(s) will be available for public comment and review for a period of no less than 15 days. The review and comment pend begins Wednesday,
June 23, 2010 and ends Wednesday, July 7, 2010. The proposed amendment(s) will be presented to City Commission for approval on Thursday, July
8, 2010 (public hearing).
# Draft copies will be available at the City of Miami Department of Community Development office located at 444 SW 2nd Avenue, 2nd floor, Miami,
Florida, 33130. Comments to the amendments must be submitted in writing to: 444 SW 2nd Avenue, 2nd floor, Miami, Florida, 33130: Attn: Natasha T.
Bordes, and must be received no later than July 7, 2010. Interested individuals are encouraged to attend this Public Hearing. The meeting site is
accessible to the handicapped. Requests for special accommodations maybe directed to the Department of Community Development at (305) 416-2080
no less than three (3) business days prior to the Public Hearing date.
(Ad #007875)