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HomeMy WebLinkAboutMemo(9- //9o,F CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM . TO: FROM: The Honorable Mayor and Members of the C. Commission on.. H. Warshaw City Manager DATE: SUBJECT: REFERENCES: ENCLOSURES: MAR 2 8 2000 FILE : Emergency Ordinance Amending Section 2-612 Conflict of Interest Provision City Commission Meeting of April 13, 2000 RECOMMENDATION: It is respectfully recommended that the City Commission adopt the attached Emergency Ordinance which amends Section 2-612, Article V. of the City Code, to allow City of Miami employees wishing to participate in the various affordable housing programs administered by the City through the Home Investment Partnership (HOME) Program and State Housing Initiatives Partnership (SHIP) Program, to participate without the necessity to seek a waiver of the requirements set forth in Section 2-612 of the City Code. BACKGROUND: Presently, the vast majority of city employees live outside of the City of Miami, thus contributing to the tax base and local economy of other municipalities and county governments in South Florida_ In an effort to address this matter, one of the key housing strategies identified in the City's Five Year Consolidated (1999 — 2004) Plan adopted by the City Commission in July of 1999 through Resolutidn No. 99-429, encourages the need to.provide financial incentives to City employees to relocate in the City. The establishment of affordable homeownership programs designed to provide financial incentives to City employees to reside in the City will further contribute to increasing the tax base and aid the City in finding long term solutions to restoring Miami's fiscal and financial health. At its meeting of September 28, 1999, the City Commission, through the adoption of Resolution No. 99-705, approved the City's modified Local Housing Assistance Plan in connection with the implementation of the SHIP Program. The modified Plan has resulted in the expansion of a number of affordable housing assistance programs available to very low, low and moderate income families residing in the City. Two (2) of the new programs include the First -Time Hornebuyers Financing Program and the Single Family Rehabilitation Progam. The First Time Homebuyer's Financing Program The Honorable Mayor, and Members of the City Commission Page 2 provides down payment, mortgage buy down or closing cost assistance to qualified very low, low and moderate income households, to assist in the purchase of a newly constructed or existing residential properties within the corporate limits of the City. The Single Family Rehabilitation Program provides rehabilitation assistance to very low, low and moderate households that currently occupy and maintain their homes as their principal residence. A maximum of up to $40,000 in financial assistance is available to eligible households through both programs. In February of 1999, the City Commission adopted Ordinance No. 11755, which amended Section 2-612, Article V. of the City Code, thereby affording City employees wishing to participate in the City's CDBG assisted Single Family Rehabilitation Loan Program administered by the Department of Community. Development to participate in the above mentioned program without seeking a waiver by resolution as previously required by the City Code. However, the adoption of Ordinance No. 11755 does not afford City employees wishing to participate in any of the other affordable housing programs administered by the Department of Community Development funded through` the State Housing Initiatives Partnership Program and Home Investment Partnership Program. Adoption of the attached Emergency Ordinance would allow city employees wishing to participate in the aforementioned housing programs to receive financial assistance from the City without the need to seek a waiver of the requirements set forth in Section 2-612 of the City Code. This agenda item is being presented as an Emergency Ordinance in order to enable several city employees to consummate the pending purchase of a home in the City within the next thirty (30) days. /11- JFL/GC W/JB H