HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-05-0097
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 05-00039
Version: 1
File Type: Resolution Status: Passed
Reference: Controlling Body: Office of the City
Clerk
File Name: Approving the Revised "LHAP" for 2004-2007 Introduced: 1/19/2005
Requester: Department of Community Cost: Final Action: 2/10/2005
Development
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING THE REVISED CITY OF MIAMI ("CITY") LOCAL HOUSING ASSISTANCE PLAN
("LHAP"), ATTACHED AND INCORPORATED, FOR THE PERIOD OF JULY 1, 2004 THROUGH
JUNE 30, 2007, FOR THE CONTINUED PARTICIPATION OF THE CITY IN THE FLORIDA STATE
HOUSING INITIATIVES PARTNERSHIP ("SHIP") PROGRAM; AUTHORIZING THE
REPLACEMENT HOME INVESTMENT PARTNERSHIP PROGRAM MAXIMUM AMOUNT
AWARD CHANGE FROM AN AMOUNT NOT TO EXCEED$95,000 TO AN AMOUNT NOT TO
EXCEED $110,000; AUTHORIZING THE CHANGING OF THE TERMS OF SECOND
MORTGAGES FOR HOMEBUYERS AND HOMEOWNERS TO BE CONSISTENT WITH THE
CURRENT HOUSING POLICIES; AUTHORIZING THE REMOVAL OF SHIP FUNDING FOR THE
RENTAL DEVELOPMENT PROGRAM; AUTHORIZING THE USE OF THE MAXIMUM
PURCHASE PRICE DETERMINED BY THE FLORIDA HOUSING FINANCE CORPORATION'S
BOND PROGRAM CHANGE FROM AN AMOUNT NOT TO EXCEED $173,701, FOR AN
EXISTING HOME AND AN AMOUNT NOT TO EXCEED $199,117, FOR A NEW HOME TO AN
AMOUNT NOT TO EXCEED $236,835, FOR BOTH NEW AND EXISTING CONSTRUCTION;
AUTHORIZING THE MAXIMUM DOWN PAYMENT AWARD FOR THE FIRST TIME
HOMEBUYER PROGRAM CHANGE BASED ON THE NUMBER OF BEDROOMS OR THE
AMOUNT NEEDED TO MEET CREDIT UNDERWRITING; AUTHORIZING THE CITY
MANAGER TO SUBMIT A MODIFIED LHAP FOR REVIEW AND APPROVAL BY THE FLORIDA
HOUSING FINANCE CORPORATION; FURTHER AUTHORIZING THE CITY MANAGER TO
EXECUTE ALL NECESSARY DOCUMENT(S), TO IMPLEMENT THE TERMS AND CONDITIONS
OF THE SHIP PROGRAM AND THE LHAP.
Sponsors:
Notes:
Indexes:
Attachments: 05-00039-exhibit.pdf,05-00039-memo.pdf,05-00039-pre resolution.pdf,05-00039-public
notice.pdf,05-00039-resolution.pdf,05-00039-summary form.pdf,
History of Legislative File
Version: Acting Body:
Date: Action: Sent To:
Due Date: Return Date: Result:
Office of the City
Attorney
City Commission
Office of the Mayor
1/31/2005 Reviewed and
Approved
2/10/2005 ADOPTED
2/17/2005 Signed by the Mayor Office of the City
Clerk
Pass
City ofMiami Page 1 Printed on 10/27/2016
City of Miami
Master Report
Enactment Number: R-05-0097
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
1 Office of the City Clerk 2/22/2005 Signed and Attested
by City Clerk
City of Miami Page 2 Printed on 10/27/2016