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AGENDA ITEM SUMMARY FORM
FILE ID: O5— 0 e165
Date: 9/15/2005 Requesting Department: Community Development
Commission Meeting Date: 10/13/2005 District Impacted:
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Revising the 2004- 2007 and the 2001-2004 LHAPs
Purpose of Item:
• APPROVING THE REVISED CITY OF MIAMI ("CITY") LOCAL HOUSING ASSISTANCE
PLANS ("LHAP"), FOR THE PERIOD OF 2004-2007, AND FOR THE PERIOD OF 2001-2004
• AUTHORIZING THE REPLACEMENT HOME PROGRAM MAXIMUM AMOUNT AWARD
CHANGE FROM $110,000 TO AN AMOUNT NOT TO EXCEED $120,000;
• AUTHORIZING THE SINGLE FAMILY REHABILITATION MAXIMUM AMOUNT
CHANGE FROM $30,000 TO AN AMOUNT NOT TO EXCEED $35,000;
• AUTHORIZING THE MAXIMUM AMOUNTS FOR THE HOUSING STRATEGIES IN THE
2001-2004 LHAP TO BE CONSISTENT WITH THE CURRENT 2003-2007 LHAP;
• AUTHORIZING THE ADDITION OF A NEW RENTAL DEVELOPMENT CATEGORY WITH
THE MAXIMUM AWARD AMOUNT OF $40,000 PER UNIT;
Background Information:
• Pursuant to Resolution 04-0356, adopted on May 27, 2004, the City Commission approved an
amendment to the 2001-2004 LHAP and its submission to the Florida Housing Finance Corporation;
• Pursuant to Resolution No. 04-0153, adopted March 11, 2004, the City of Miami ("City") LHAP 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, was approved;
• Pursuant to Resolution 05-0097, adopted on February 10, 2005, the City Commission approved the
City's revised LHAP for the period of July 1, 2004 through June 0, 2007.
Budget Impact Analysis
Is this item related to revenue?
Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Dept. Direct°
Chief City Manager
Final Approvals
(SIGN AND DATE)
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