HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #7921
Date: 09/21/2020
Commission Meeting Date: 10/08/2020
Type: Resolution
Subject: Accept - Coronavirus Relief Funds
Purpose of Item:
Requesting Department: Department of
Housing and Community Development
Sponsored By:
District Impacted: All
AUTHORIZING THE ACCEPTANCE OF ADDITIONAL ALLOCATION OF
CORONAVIRUS RELIEF FUNDS ("CRF"), FROM THE UNITED STATES TREASURY
DEPARTMENT THROUGH FLORIDA HOUSING FINANCE CORPORATION ("FHFC")
IN THE TOTAL AMOUNT OF $787,500.00 AND AUTHORIZING THE ALLOCATION
OF SUCH FUNDS FOR MORTGAGE ASSISTANCE; WHEREBY THE CITY IS
ALLOCATING AN AMOUNT OF $78,750.00 FOR PROGRAM ADMINISTRATION AND
ALLOCATING AN AMOUNT OF $708,750.00 FOR MORTGAGE ASSISTANCE, IN
CONFORMITY WITH THE LOCAL HOUSING ASSISTANCE PLAN ("LHAP");
FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE
ANY AND ALL 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 FOR SAID PURPOSE.
Background of Item:
On July 23, 2020, pursuant to Resolution No. R-20-0237 the Miami City Commission
approved the acceptance of $1,312.500.00, which included an amount of $1,181,250.00
to be used for mortgage assistance for homeowners with loss or reduction in income by
creating and funding the City of Miami Mortgage Assistance Program.
On September 15, 2020, the City of Miami ("City") was notified by Florida Housing
Finance Corporation of an additional allocation of CFR funds in the amount of
$787,500.00.
These funds must be spent for mortgage assistance by December 30, 2020.
The City Administration recommends the acceptance of additional amount of CRF funds
in the total amount of $787,500.00, allocating an amount of $78,750.00 for program
administration and an amount of $708,750.00 to be used for mortgage assistance for
homeowners with loss or reduction in income, in conformity with the Local Housing
Assistance Program ("LHAP").
In accordance with Section 2-33(f) of the Code of the City of Miami, Florida, as
amended, the City Commission, by a majority vote, hereby deems this Resolution to be
of an emergency nature.
Budget Impact Analysis
Item has NOT an Expenditure
Item is an Expenditure
Item is NOT funded by Bonds
Total Fiscal Impact:
$787,500.00
Special Revenue Account No: 14012.910199.883000
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
Reviewed B
and Economic Development
09/25/2020 10:22 AM
Budget Luis Hernandez -Torres
Budget Christopher M Rose
Sandra Bridgeman
Valentin J Alvarez
Arthur Noriega V
Richard Appleton
Valentin J Alvarez
Victoria Mendez
Nicole Ewan
Mayor's Office
City Clerk's Office
City Clerk's Office
George Mensah Department Head
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
Clerk Completed
Completed 09/28/2020 9:22 AM
Completed 09/29/2020 12:33 PM
Completed 09/29/2020 1:38 PM
Completed 09/29/2020 2:38 PM
Completed 09/29/2020 2:57 PM
Completed 09/29/2020 4:21 PM
Skipped 09/29/2020 6:16 PM
Completed 09/29/2020 6:23 PM
Completed 10/08/2020 9:00 AM
Completed 10/14/2020 4:43 PM
10/14/2020 5:19 PM
Completed 10/14/2020 7:10 PM
City of Miami
Legislation
Resolution
Enactment Number: R-20-0313
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 7921 Final Action Date:10/8/2020
A RESOLUTION OF THE MIAMI CITY COMMISSION, AUTHORIZING THE
ACCEPTANCE OF AN ADDITIONAL ALLOCATION OF CORONAVIRUS RELIEF
FUND ("CRF") FUNDS FROM THE UNITED STATES TREASURY DEPARTMENT
THROUGH FLORIDA HOUSING FINANCE CORPORATION ("FHFC") IN THE TOTAL
AMOUNT OF $787,500.00 AND AUTHORIZING THE ALLOCATION OF SUCH FUNDS
FOR MORTGAGE ASSISTANCE WHEREBY THE CITY IS ALLOCATING AN
AMOUNT OF $78,750.00 FOR PROGRAM ADMINISTRATION AND ALLOCATING AN
AMOUNT OF $708,750.00 FOR MORTGAGE ASSISTANCE, IN CONFORMITY WITH
THE LOCAL HOUSING ASSISTANCE PLAN ("LHAP"); FURTHER AUTHORIZING
THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY
DOCUMENTS INCLUDING AMENDMENTS, EXTENSIONS, AND MODIFICATIONS,
ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, SUBJECT TO ALL
FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH
FUNDS, FOR SAID PURPOSE.
WHEREAS, on July 23, 2020, pursuant to Resolution No. R-20-0237 the Miami City
Commission approved the acceptance of $1,312.500.00, which included an amount of
$1,181,250.00 to be used for mortgage assistance for homeowners with loss or reduction in
income by creating and funding the City of Miami Mortgage Assistance Program; and
WHEREAS, on September 15, 2020, the City of Miami ("City") was notified by Florida
Housing Finance Corporation of an additional allocation of Coronavirus Relief Fund ("CRF")
funds in the amount of $787,500.00; and
WHEREAS, these funds must be spent for mortgage assistance by December 30, 2020;
and
WHEREAS, the City Administration recommends the acceptance of an additional
allocation of CRF funds in the total amount of $787,500.00, allocating an amount of $78,750.00
for program administration and an amount of $708,750.00 to be used for mortgage assistance
for homeowners with loss or reduction of income, in conformity with the Local Housing
Assistance Program ("LHAP");
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 acceptance of an additional allocation of CRF funds from the United
States Treasury Department through Florida Housing Finance Corporation, in the total amount
of $787,500.00, thereby allocating an amount of $78,750.00 for program administration and an
amount of $708,750.00 to be used for mortgage assistance for homeowners with loss or
reduction of income in conformity with the Local Housing Assistance Program ("LHAP"), is
authorized.'
Section 3. The City Manager is authorized' to negotiate and execute any and all
necessary documents, including amendments, extensions, and modifications, all in forms
acceptable to the City Attorney, subject to all federal, state, and local laws that regulate the use
of such funds, for said purpose.
Section 4. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
ndez, Ginty Attor ey 9/29/2020
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.