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HomeMy WebLinkAboutR-24-0424City of Miami Resolution R-24-0424 Legislation City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 16638 Final Action Date: 10/24/2024 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ACCEPTING A GRANT ALLOCATION FROM THE UNITED STATES CONGRESS AND ADMINISTERED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"), ECONOMIC DEVELOPMENT INITIATIVE COMMUNITY PROJECT FUNDING ("EDI-CPF") FOR THE 2024 FISCAL YEAR ("FY 2024 ACT"), IN THE AMOUNT OF THREE MILLION, FIVE HUNDRED THOUSAND DOLLARS ($3,500,000.00), TO FUND THE FLAGLER AFFORDABLE SENIOR HOUSING PROJECT ("PROJECT"), MANAGED BY THE CITY OF MIAMI DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS INCLUDING AMENDMENTS, RENEWALS, EXTENSIONS, AND MODIFICATIONS, ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY FOR SAID PURPOSE, SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS. SPONSOR(S): Commissioner Manolo Reyes WHEREAS, the Consolidated Appropriations Act, 2024, and the Further Consolidated Appropriations Act, 2024, ("the FY 2024 Acts") provided $3,290,054,336 in Economic Development Initiative ("EDI") funding for the purpose of making Community Project Funding ("CPF") available; and WHEREAS, the City of Miami ("City") submitted a grant application to the United States Department of Housing and Urban Development ("HUD") to increase the availability of affordable housing for low-income seniors; and WHEREAS, on August 27, 2024, the City of Miami ("City") received a notification from the United States Department of Housing and Urban Development ("HUD") awarding a grant allocation to the City of Miami ("City"), in the total amount of Three Million Five Hundred Thousand and 00/100 Dollars ($3,500,000.00) for the Flagler Affordable Senior Housing Project located at 5215 West Flagler Street ("Project"); and WHEREAS, the grant allocation will be used for construction costs associated with the Project and managed by the City's Department of Housing and Community Development; and WHEREAS, the City's Administration recommends the acceptance of EDI-CPF grant funds from the FY 2024 Act in the amount of Three Million Five Hundred Thousand and 00/100 Dollars ($3,500,000.00) to be used for the construction costs of Project. NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: City of Miami Page 1 of 2 File ID: 16638 (Revision:) Printed On: 11/5/2024 File ID: 16638 Enactment Number: R-24-0424 Section 1. 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. Section 2. The acceptance of EDI-CPF grant funds from the FY 2024 Act in the amount of Three Million Five Hundred Thousand and 00/100 Dollars ($3,500,000.00) to fund the Flagler Affordable Senior Housing Project, is authorized.' Section 3. The City Manager is authorized' to negotiate and execute any and all documents, in a form acceptable to the City Attorney, as may be necessary for said purpose, subject to all federal, state, and local laws that regulate the use of such funds. Section 4. This Resolution shall become effective immediately upon its adoption and signature by the Mayor.2 APPROVED AS TO FORM AND CORRECTNESS: rge Wyy•ng III, C y ttor -y 10/1/2024 The herein authorization is further subject to compliance with all legal requirements that may be imposed, including but not limited to those prescribed by applicable City Charter and City 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: 16638 (Revision:) Printed on: 11/5/2024