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HomeMy WebLinkAboutR-04-0376City of Miami Legislation Resolution: R-04-0376 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 04-00591 Final Action Date: 6/10/2004 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE ACCEPTANCE OF HOME INVESTMENT PARTNERSHIPS PROGRAM ("HOME") FUNDS, IN A TOTAL AMOUNT NOT TO EXCEED $5,117,000; ALLOCATING SAID FUNDS TO THE VARIOUS HOUSING ACTIVITIES LISTED IN "ATTACHMENT A," ATTACHED AND INCORPORATED, FOR THE DEVELOPMENT OF AFFORDABLE HOUSING; ADOPTING THE HOUSING DEVELOPMENT POLICY, ATTACHED AND INCORPORATED, RELATED TO THE ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") PROGRAM FUNDS, HOME PROGRAM FUNDS AND STATE HOUSING INITIATIVES PARTNERSHIP ("SHIP") PROGRAM FUNDS, FOR AFFORDABLE HOUSING IN THE 30TH PROGRAM YEAR, COMMENCING ON OCTOBER 1, 2004. WHEREAS, the United States Department of Housing and Urban Development ("HUD") has advised the City of Miami ("City") that the projected 30th Program Year entitlement will be approximately $5,117,000 for the Home Investment Partnerships ("HOME") Program; and WHEREAS, pursuant to Resolution No. 03-454, adopted May 8, 2003, the City Commission authorized the creation of the District 4 Housing Pilot Project; and WHEREAS, the Administration recommends that HOME Program funds be allocated to the housing activities listed on "Attachment A," attached and incorporated; and WHEREAS, the Administration has proposed the attached Housing Development Policy for the 30th Program Year funding process related to affordable housing funds under the HOME, Community Development Block Grant ("CDBG") and State Housing Initiatives Partnership ("SHIP") programs; 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 HOME Program funds in a total amount not to exceed $5,117,000, and the allocation of said funds to the various housing activities listed in "Attachment A," attached and incorporated, for the development of affordable housing, is authorized. Section 3. The attached 30th Year Housing Development Policy related to the allocation of the HOME Program, CDBG Program and SHIP Program funds for affordable housing in the 30th Program Year, commencing on October 1, 2004, is adopted. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{1} City of Miami Page 1 of 2 File Id: 04-00591 (Version: 1) Printed On: 9/16/2016 File Number: 04-00591 Enactment Number: R-04-0376 Footnotes: {1} 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. City of Miami Page 2 of 2 File Id: 04-00591 (Version: 1) Printed On: 9/16/2016