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Resolution
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3500 Pan American
Drive
Miami, FL 33133
www.ci.miami.fl,us
File Number: 04-01413 Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE ALLOCATION OF FISCAL YEAR 2005-2006 HOME
INVESTMENT PARTNERSHIPS ("HOME") FUNDS IN THE PROJECTED AMOUNT
OF $5,110,000; ALLOCATING SAID FUNDS IN THE AMOUNT OF $1,500,000, TO
LITTLE HAVANA HOMEOWNERSHIP ADVISORY BOARD FOR THE
DEVELOPMENT OF HOUSING, THE AMOUNT OF $500,000, FOR DISTRICT 4
HOUSING PILOT PROJECT, THE AMOUNT OF$649,750, FOR RENTAL
HOUSING, THE AMOUNT OF $1,949,250, FOR HOMEOWNERSHIP, AND THE
AMOUNT OF $511,000, FOR ADMINISTRATION; FURTHER ADOPTING THE
HOUSING DEVELOPMENT POLICIES, ATTACHED AND INCORPORATED,
RELATED TO THE FUNDING OF RENTAL AND HOMEOWNERSHIP HOUSING
PROJECTS FOR FISCAL YEAR 2005-2006 UNDER THE HOME PROGRAM.
WHEREAS, the Administration has proposed Housing Development Policies, attached and
incorporated, for the funding of rental and homeownership projects under the Home Investment
Partnerships ("HOME") 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 allocation of projected Fiscal Year 2005-2006 HOME funds is authorized as
follows:
Little Havana Homeownership Advisory Board:
District 4 Housing Pilot Project:
Rental Housing:
Homeownership:
Administration:
Total Projected Allocation:
$1,500,000
$ 500,000
$ 649,750
$1,949,250
$ 511,000
$5,110,000
Section 3. The Housing Development Policies, attached and incorporated, related to the
funding of rental and homeownership housing projects for Fiscal Year 2005-2006 under the HOME
Program, are 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 Printed On: 12/27/2004
File Number: 04-01413
APPROVEQ AS TO FORM AND CORRECTNESS:
RGEL.
CITY ATTORN Y
EZ KRiA
1
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 Printed On: 12/27/2004