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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #5965 Date: 06/04/2019 Commission Meeting Date: 07/11/2019 Requesting Department: Department of Housing and Community Development Sponsored By: District Impacted: All Type: Resolution Subject: Allocate Funds - Home Investments Partnership Programs Purpose of Item: Authorizing the allocation of Home Investment Partnership Program ("HOME") funds, in the amount of $3,297,681.00, for housing programs, for program year 2019-2020, in the categories as specified in attachment "A", attached and incorporated, for the development of affordable housing; 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). Background of Item: On May 1, 2019, the United States Department of Housing and Urban Development ("HUD") announced the final Community Planning and Development Program Formula Allocations for Program Year 2019-2020, thereby announcing the amount of $3,297,681.00 of Home Investment Partnership Program ("HOME") funds. The Administration recommends the allocation of HOME funds, in the amount of $3,297,681.00, for Program Year 2019-2020; in the categories as specified in Attachment "A", attached and incorporated, for the provision of decent and safe 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: $3,297,681.00 Special Revenue Account No: TO BE DETERMINED Reviewed B Department of Community and Economic Development Review Completed 06/04/2019 3:33 PM Office of Management and Budget Luis Hernandez -Torres Office of Management and Budget Christopher M Rose City Manager's Office Sandra Bridgeman George Mensah Department Head Budget Analyst Review Budget Review Assistant City Manager Review Completed Completed Completed 06/05/2019 6:30 PM 06/13/2019 6:07 PM 06/17/2019 12:51 PM City Manager's Office Nikolas Pascual City Manager Review Completed 06/18/2019 11:11 AM Legislative Division Valentin J Alvarez Legislative Division Review Completed 06/21/2019 8:22 AM Office of the City Attorney Richard Appleton ACA Review Completed 06/26/2019 11:38 AM Office of the City Attorney Barnaby L. Min Deputy City Attorney Review Completed 06/26/2019 11:43 AM Office of the City Attorney Victoria Mendez Approved Form and Correctness Completed 06/26/2019 6:38 PM City Commission Maricarmen Lopez Meeting Completed 07/11/2019 9:00 AM Office of the Mayor Mayor's Office Signed by the Mayor Completed 07/19/2019 1:36 PM Office of the City Clerk City Clerk's Office Signed and Attested by the City Clerk Completed 07/19/2019 2:02 PM Office of the City Clerk City Clerk's Office Rendered Completed 07/19/2019 2:02 PM City of Miami Legislation Resolution Enactment Number: R-19-0274 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 5965 Final Action Date:7/11/2019 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ALLOCATING HOME INVESTMENT PARTNERSHIP PROGRAM ("HOME") FUNDS IN THE AMOUNT OF $3,297,681.00 FOR HOUSING PROGRAMS FOR PROGRAM YEAR 2019-2020, AS MORE PARTICULARLY SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED, FOR THE DEVELOPMENT OF AFFORDABLE HOUSING; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS, ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY FOR SAID PURPOSE. WHEREAS, on May 1, 2019, the United States Department of Housing and Urban Development ("HUD") announced the final Community Planning and Development Program Formula Allocations for Program Year 2019-2020, thereby announcing the amount of $3,297,681.00 of Home Investment Partnership Program ("HOME") funds; and WHEREAS, the Administration recommends the allocation of HOME funds in the amount of $3,297,681.00 for Program Year 2019-2020, as more particularly specified in Exhibit "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 $3,297,681.00 for Program Year 2019-2020, as more particularly specified in Exhibit "A," attached and incorporated, for the provision of decent and safe affordable housing to low income households is authorized.' Section 3. The City Manager is authorized' to negotiate and execute any and all documents, all in a form acceptable to the City Attorney, as may be necessary for said purpose. 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: