HomeMy WebLinkAboutBack-Up DocumentCITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO: Arthur Noriega,
City Manager
FROM: Alfre
Dpt. of
DATE: April22, 2024 FILE: 15949
SUBJECT: Authorizing Sale of properties_D1
Assistant Director
g a)nd Community Development REFERENCES:
ENCLOSURES: Attachment "A"
BACKGROUND
The City of Miami ("City") is the owner of the properties described in Exhibit "A"; attached and
incorporated (collectively "Properties"), which are currently being developed into affordable
housing.
Once the homes on the Properties are fully constructed, they will be sold, at or below cost, for
affordable homeownership housing to eligible applicants whose annual income is equal to or less
than eighty percent (80%) of area median income as published annually by the United States
Department of Housing and Urban Development ('Qualified Applicants"), through purchase and
sale agreements, quit claim deeds containing automatic reverter provisions, and restrictive
covenants running with the land, in compliance with the requirements of the City's American
Rescue Plan Act, the Home Investment Partnerships program, and Neighborhood Stabilization
program, ("collectively programs").
Each home's purchase price cannot be more than the maximum purchase price for new
construction as published by the United State Department of Housing and Urban Development.
The affordable housing restrictions and automatic reverter provisions contained in the conveying
instrument(s) shall require that the Properties automatically revert to the City if the Properties are
used in a manner that is inconsistent with the requirements of the "Collectively Programs", during
the thirty (30) year term.
Section 29-B(a) of the Charter of the City of Miami, Florida, as amended ("City Charter"), provides
for the waiver of competitive bidding and other requirements and when "conveying property to
implement housing programs or projects which are intend to benefit persons or households with
low and/or moderate, the criteria of which to be provided for the federal and/or state law or by the
city commission",
The Qualified Applicants shall be selected on a first come, first ready, first serve basis, and by
requiring proof of the City of Miami residence as a condition of applicant eligibility, except for
current City or Miami -Dade County first responders (including police, fire, and emergency medical
personnel).
The City's Administration recommends the sale, with affordable housing restrictions and automatic
reverter provisions, of the Properties to Qualified Applicants in compliance with the City's
Programs.
RECOMMENDATION
In light of the above stated, approval of a waiver of the formal requirements of competitive sealed
bidding methods as not being practicable or advantageous to the City as set forth in the City Code
of Ordinance, as amended, specifically Section 18-85 (A), and the affirmation of these written
findings and the forwarding of the same to the City Commission for ratification by a four -fifths vote
is respectfully requested.
APPROVE
a DISAPPROVAL:
Arthur Norieg_., City Manager