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File ID: #1995
Resolution
Sponsored by: Tomas Reqalado
TO BE WITHDRAWN
City of Miami
Legislation
Resolution
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 1995 Final Action Date:3/8/2018
TO BE WITHDRAWN
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ESTABLISHING A CITY OF MIAMI DEPARTMENT OF COMMUNITY AND ECONOMIC
DEVELOPMENT HOUSING POLICY FOR SMALLER RENTAL DEVELOPMENTS
("GUIDELINES"), ATTACHED AND INCORPORATED AS EXHIBIT "A", AND AUTHORIZING
THE CITY MANAGER TO IMPLEMENT SAID GUIDELINES
WHEREAS, the Mayor of the City of Miami ("City") wishes to assist affordable housing
developments and entice developers to build more non -tax credit affordable housing units within
the City; and
WHEREAS, the City's Department of Community and Economic Development has
general requirements and terms for all developments; and
WHEREAS, the Mayor is proposing the establishment of a housing policy that facilitates
the creation of smaller developments ("Guidelines"), attached and incorporated as Exhibit "A";
and
WHEREAS, the proposed Guidelines are consistent with United States Department of
Housing and Urban Development regulations and provide for maximum subsidy, affordability
period, and maximum rent allowed; and
WHEREAS, the City Commission finds that it is in the best interest of the City and its
residents to incentivize small affordable housing rental developments and to establish the
Guidelines, attached and incorporated as Exhibit "A," for the administration of said program;
NOW, THEREFORE, BE 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 if fully set forth in this Section.
Section 2. The City Commission hereby establishes the City's Department of
Community and Economic Development Housing Policy for Small Rental Projects.
Section 3. The City Manager is authorized' to implement the Guidelines, attached
and incorporated as Exhibit "A," for affordable housing non -tax credit rental developments.
Section 4. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
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 City Code
provisions.
APPROVED AS TO FORM AND CORRECTNESS:
ndez, City Attor ey 4/4/2017 fr t6riai 1 ndez, City Attor ey ) 5/1/2017
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.