HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #4175
Date: 05/23/2018
Commission Meeting Date: 07/12/2018
Type: Resolution
Subject: Home Funding PY 2018-19
Purpose of Item:
Requesting Department: Department of
Community and Economic Development
Sponsored By:
District Impacted: All
AUTHORIZING THE ALLOCATION OF HOME INVESTMENT PARTNERSHIP
PROGRAM ("HOME') FUNDS, IN THE AMOUNT OF $3,545,440 AND THE AMOUNT
OF $1,179,174.02 FROM PRIOR YEAR PROGRAM INCOME, FOR A TOTAL
AMOUNT OF $4,724,614.02 FOR HOUSING PROGRAMS, FOR PROGRAM YEAR
2018-2019, IN THE CATEGORIES AS SPECIFIED IN ATTACHMENT "A", ATTACHED
AND INCORPORATED, FOR THE DEVELOPMENT OF AFFORDABLE HOUSING;
AUTHORIZING THE CITY MANAGER TO EXECUTE ANY AND ALL THE
NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY,
FOR SAID PURPOSE(S).
Background of Item:
On May 1, 2018, the U.S. Department of Housing and Urban Development ("HUD")
announced the final Community Planning and Development Program Formula
Allocations for Program Year 2018-2019, as such, the amount of HOME funds being
recommended.
The Administration recommends the allocation of HOME funds, in the amount of
$3,545,440, and the amount of $1,179,174.02 from prior year program income, for a
total amount of $4,724,614.02 for Program Year 2018-2019; in the categories as
specified in Attachment "A", attached and incorporated, for the provision of decent and
affordable housing to low income households.
Budget Impact Analysis
Item has NOT an Expenditure
Item is NOT Related to Revenue
Item is NOT funded by Bonds
Total Fiscal Impact:
$4,724,614.02
Special Revenue Account No: TO BE DETERMINED
Reviewed B
Department of Community
Review Completed
Office of Management and
Office of Management and
City Manager's Office
Legislative Division
City Manager's Office
Office of the City Attorney
Office of the City Attorney
Office of the City Attorney
City Commission
Office of the Mayor
Office of the City Clerk
Office of the City Clerk
and Economic Development
05/23/2018 5:10 PM
Budget Luis Hernandez -Torres
Budget Christopher M Rose
Fernando Casamayor
Valentin J Alvarez
Nikolas Pascual
Richard Appleton
Barnaby L. Min
Victoria Mendez
Maricarmen Lopez
Mayor's Office
City Clerk's Office
City Clerk's Office
George Mensah Department Head
Budget Analyst Review Completed
Budget Review Completed
Assistant City Manager Review Completed
Legislative Division Review Completed
City Manager Review Completed
ACA Review Completed
Deputy City Attorney Review Completed
Approved Form and Correctness Completed
Meeting Completed
Signed by the Mayor Completed
Signed and Attested by the City Clerk Completed
Rendered Completed
05/25/2018 3:03 PM
05/29/2018 3:35 PM
05/30/2018 9:38 AM
06/06/2018 1:31 PM
06/08/2018 10:16 AM
06/18/2018 12:22 PM
06/18/2018 12:25 PM
06/19/2018 10:46 AM
07/12/2018 9:00 AM
07/23/2018 12:31 PM
07/23/2018 1:05 PM
07/23/2018 1:05 PM
City of Miami
Legislation
Resolution
Enactment Number: R-18-0288
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 4175 Final Action Date:7/12/2018
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ALLOCATING HOME INVESTMENT PARTNERSHIP PROGRAM ("HOME") FUNDS IN
THE AMOUNT OF $3,545,440.00 AND PRIOR YEAR PROGRAM INCOME IN THE
AMOUNT OF $1,179,174.02, FOR A TOTAL AMOUNT OF $4,724,614.02, FOR
AFFORDABLE HOUSING PROGRAMS, FOR PROGRAM YEAR 2018-2019, AS
SPECIFIED IN ATTACHMENT "A," ATTACHED AND INCORPORATED;
AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL
DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE
NECESSARY FOR SAID PURPOSE(S).
WHEREAS, on May 1, 2018, the United States Department of Housing and Urban
Development ("HUD") announced the final Community Planning and Development Program
Formula Allocations for Program Year 2018-2019, thereby announcing the amount of Home
Investment Partnership Program ("HOME") funds being recommended; and
WHEREAS, the Administration recommends the allocation of HOME funds, in the
amount of $3,545,440.00 and prior year program income in the amount of $1,179,174.02, for a
total amount of $4,724,614.02, for Program Year 2018-2019, in the categories as specified in
Attachment "A," attached and incorporated, for the provision of decent and safe affordable
housing, to low income households;
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 if fully set forth in this Section.
Section 2. The allocation of HOME funds in the amount of $3,545,440.00 and prior year
program income in the amount of $1,179,174.02, for a total amount of $4,724,614.02, for
affordable housing programs for Program Year 2018-2019, as specified in Attachment "A,"
attached and incorporated, 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(s).
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.
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.
APPROVED AS TO FORM AND CORRECTNESS: