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Omni
CRA
OMNI
Community Redevelopment Agency
Master Report
Enactment Number: CRA-R-24-0049
OMNI CRA
1401 N. Miami Avenue
Miami, FL 33136
http://miamicra.com
File Number: 16410
Revision:
File Type: OMNI CRA
Resolution
File Name: Establish Policy - 100% Area Median Income
("AMI") - Affordable/Workforce Housing Projects
Requesting Dept: OMNI Community Redevelopment Agency
Status: ADOPTED
Controlling Body: OMNI Community
Redevelopment Agency
Introduced: 7/20/2024
Final Action Date: 7/25/2024
Title: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA"),
ADOPTING AND ESTABLISHING A HOUSING AFFORDABILITY POLICY TO ENSURE
THAT ALL PROJECTS RECEIVING MORE THAN FIVE MILLION DOLLARS
($5,000,000.00) OF CRA FUNDING FOR HOUSING PRIORITIZE FUNDING FOR
AFFORDABLE AND/OR WORKFORCE HOUSING PROJECTS THAT ARE DEEMED
AFFORDABLE TO PERSONS OR FAMILIES WHOSE TOTAL HOUSEHOLD INCOME
IS AT OR BELOW 100% OF THE AREA MEDIAN INCOME ("AMI") FOR CRA
ASSISTED UNITS; FURTHER CONFIRMING THAT THE CRA SHALL NOT SEEK AN A
EXTENSION OF LIFE BEYOND JULY 7, 2047; AUTHORIZING THE EXECUTIVE
DIRECTOR TO IMPLEMENT SAID POLICY IN THE STANDARD OPERATING
PROCEDURES; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO
NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS AND
AMENDMENTS THERETO, ALL IN FORMS ACCEPTABLE TO THE GENERAL
COUNSEL, FOR THE PURPOSES STATED HEREIN AND PROVIDING FOR AN
IMMEDIATE EFFECTIVE DATE.
Notes:
Links:
Attachments:
History of Legislative File:
Revision: Acting Body:
Date: Action: Result:
Isiaa Jones
Domini J. Gibbs
George K. Wysong III
OMNI Community
Redevelopment Agency
OMNI Community
Redevelopment Agency
City Clerk's Office
7/22/2024
7/23/2024
7/23/2024
7/25/2024
7/25/2024
7/26/2024
Department Head Review
ACA Review
Approved Form and
Correctness
Meeting
ADOPTED
Rendered
Completed
Completed
Completed
Completed
Passed
Completed
City of Miami Page 1 of 1 Printed on: 8/5/2024