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City of Miami
Text File Report
City Hall
3500 Pan American Drive
Miami, FL 33133
www.ci.miami.fl.us
File ID: 04-00507
Enactment #: R-04-0356
Version: 1
Type: Resolution
Introduced: 5/5/04
Status: Passed
Enactment Date: 5/27/04
Controlling Body: City Commission
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 DULY 1, 2001 THROUGH NNE 30,
2004, FOR THE CONTINUED PARTICIPATION OF THE CITY IN THE FLORIDA STATE
HOUSING INITIATIVES PARTNERSHIP ("SHIP") PROGRAM; AUTHORIZING THE CITY
MANAGER TO INCREASE THE MAXIMUM AMOUNT OF ASSISTANCE PROVIDED TO ANY
APPLICANT IN THE FORM OF LOANS AND GRANTS, TO AN AMOUNT NOT TO EXCEED
$83,000; AUTHORIZING THE CITY MANAGER TO SUBMIT A MODIFIED PLAN FOR REVIEW
AND APPROVAL BY THE FLORIDA HOUSING FINANCE CORPORATION ("FHFC"); FURTHER
AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS, IN A
FORM ACCEPTABLE TO THE CITY ATTORNEY, TO IMPLEMENT THE TERMS AND
CONDITIONS OF THE SHIP AND LHAP PROGRAMS.
WHEREAS, in July 1992, the State of Florida ("State") enacted the William E. Sadowski Affordable Housing Act
("Sadowski Act"), which provides for the allocation of a portion of new and existing documentary stamp taxes on deeds on
real estate transactions to local governments for the development and maintenance of affordable housing; and
WHEREAS, the Sadowski Act provided a dedicated revenue source for affordable housing and created the State
Housing Initiatives Partnership ("SHIP") Program; and
WHEREAS, in August 1994, the City of Miami ("City") was notified by the State that the City would be eligible to
receive SHIP Program funds in the amount of S1,353,387, beginning with the State's 1995-96 Fiscal Year; and
WHEREAS, Resolution 04-0152, adopted on March 11, 2004, approved an amendmentto the Local Housing Assistance
Plan ("LHAP") 2001-2004 and its submission to the Florida Housing Finance Corporation ("FHFC"); and
WHEREAS, upon review of the report by the FHFC and their audit of past expenditures, the FHFC recommended that
the plan be changed toauthorize the highest amount spent repairing an applicant's home to $83,000 for the period of
2001-2004;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA:
Section I. 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.
City of Miami Page 1 Printed on9/15/2005
Section b. This Resolution shall become effective immediately upon its adoption and signature of the Mayor {2}.
City of Miami Page 2 Printed on 9/E5/2005