HomeMy WebLinkAboutPre-LegislationCity of Miami
Legislation
Resolution: R-12-0470
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 12-01308 Final Action Date:12/13/2012
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE ALLOCATION OF HOME INVESTMENT PARTNERSHIP
PROGRAM FUNDS, IN THE PROJECTED AMOUNT OF $2,953,344, FOR
HOUSING PROGRAMS, FOR PROGRAM YEAR 2013-2014, IN THE CATEGORIES
AS SPECIFIED IN ATTACHMENT "A", ATTACHED AND INCORPORATED, FOR THE
DEVELOPMENT OF AFFORDABLE HOUSING; AUTHORIZING THE CITY
MANAGER TO EXECUTE THE NECESSARY DOCUMENTS, IN A FORM
ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE.
WHEREAS, the United States Department of Housing and Urban Development ("HUD") has yet to
release the final Community Planning and Development Program Formula Allocations for Program
Year 2013, and as such, the amount of Home Investment Partnership Program ("HOME') funds being
recommended is a projection; and
WHEREAS, the City of Miami Administration recommends the allocation of HOME funds, in the
projected amount of $2,953,344, for Program Year 2013-2014, in the categories as specified in
Attachment "A", attached and incorporated, for the provision of affordable housing to low income
households; and
WHEREAS, the funding allocation to such activities as specified in said attachment, may need to
be adjusted once HUD confirms the final HOME formula allocation for Program Year 2013-2014;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by
reference and incorporated as fully set forth in this Section.
Section 2. The allocation of HOME funds, in the projected amount of $2,953,344, for Program Year
2013-2014; in the categories as specified in Attachment "A", attached and incorporated, for housing
programs, is authorized.
Section 3: These allocations will be adjusted in direct proportion to the actual allocation of HOME
funds provided by HUD for Program Year 2013-2014.
Section 4. The City Manager is authorized {1 } to execute the necessary documents, in a form
acceptable to the City Attorney, for said purpose.
Section 5. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{2}
City of Miami Page 1 of 2 File Id: 12-01308 (Version: 1) Printed On: 6/10/2013
File Number. 12-01308 Enactment Number: R-12-0470
Footnotes:
{1} The herein authorization is further subject to compliance with all requirements that may be
imposed by the City Attorney, including but not limited to those prescribed by applicable City
Charter and Code provisions.
{2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10)
calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it
shall become effective immediately upon override of the veto by the City Commission.
City of Miami Page 2 of 2 File Id: 12-01308 (Version: 11 Printed On: 6/10/2013
Attachement "A"
Community and Economic Development Department
PY2013-2014 Proposed HOME Allocations
PY 2013-2014 PROPOSED ALLOCATION:
$ 2,953,344
CATEGORY. ` +
Program Administration
District 2 Homeownership Activities
Housing Programs
Total:
295,334
1,500,000
1,158,010
2,953,344