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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #7519 Date: 06/11/2020 Commission Meeting Date: 07/23/2020 Requesting Department: Department of Housing and Community Development Sponsored By: District Impacted: All Type: Resolution Subject: Allocate Grant Funds - Home Investment Partnership Program Purpose of Item: AUTHORIZING THE ALLOCATION OF HOME INVESTMENT PARTNERSHIP PROGRAM ("HOME') FUNDS, IN THE AMOUNT OF $3,545,756.00, FOR HOUSING PROGRAMS, FOR PROGRAM YEAR 2020-2021, IN THE CATEGORIES AS SPECIFIED IN EXHIBIT "A", ATTACHED AND INCORPORATED, FOR THE DEVELOPMENT OF AFFORDABLE HOUSING; FURTHER 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. Background of Item: On April 21, 2020, the United States Department of Housing and Urban Development ("HUD") announced the final Community Planning and Development Program Formula Allocations for Program Year 2020-2021, thereby announcing the amount of $3,545,756.00 of Home Investment Partnership Program ("HOME") funds. The Administration recommends the allocation of HOME funds in the amount of $3,545,756.00 for Program Year 2020-2021, as more particularly specified in Exhibit "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: $3,545,756.00 Special Revenue Account No: 14002.910101.883000 (HOME) Reviewed B Department of Community and Economic Development Review Completed 06/11/2020 10:21 AM George Mensah Department Head Office of Management and Budget Office of Management and Budget 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 Rene Lazaro Hernandez Christopher M Rose Sandra Bridgeman Valentin J Alvarez Arthur Noriega V Richard Appleton Barnaby L. Min Victoria Mendez Nicole Ewan Mayor's Office City Clerk's Office City Clerk's Office Budget Analyst Review Budget Review Assistant City Manager Review Legislative Division Review City Manager Review ACA Review Deputy City Attorney Review Approved Form and Correctness Meeting Unsigned by the Mayor Signed and Attested by the City Rendered Completed Completed Completed Completed Completed Completed Completed Completed Completed Completed Clerk Completed Completed 06/13/2020 12:13 AM 06/16/2020 6:38 AM 07/01/2020 6:46 PM 07/02/2020 8:54 AM 07/02/2020 10:46 AM 07/07/2020 9:42 AM 07/07/2020 9:50 AM 07/09/2020 8:57 AM 07/23/2020 9:00 AM 07/31/2020 11:55 AM 07/31/2020 12:46 PM 07/31/2020 12:46 PM City of Miami Legislation Resolution Enactment Number: R-20-0213 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 7519 Final Action Date:7/23/2020 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ALLOCATING HOME INVESTMENT PARTNERSHIP PROGRAM ("HOME") FUNDS IN THE AMOUNT OF $3,545,756.00 FOR HOUSING PROGRAMS FOR PROGRAM YEAR 2020-2021 AS MORE PARTICULARLY SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED, FOR THE DEVELOPMENT OF AFFORDABLE HOUSING; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE. WHEREAS, on April 21, 2020, the United States Department of Housing and Urban Development ("HUD") announced the final Community Planning and Development Program Formula Allocations for the City of Miami ("City") for Program Year 2020-2021 ("Year"), thereby announcing the amount of $3,545,756.00 of Home Investment Partnership Program ("HOME") funds; and WHEREAS, the City's Administration recommends the allocation of HOME funds in the amount of $3,545,756.00 for the Year 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 $3,545,756.00 for the Year 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 necessary documents, all in forms acceptable to the City Attorney, 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 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: