HomeMy WebLinkAboutR-22-0082City of Miami
Resolution R-22-0082
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 11516 Final Action Date: 2/24/2022
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ESTABLISHING A NEW SPECIAL REVENUE PROJECT TITLED "MIAMI FOR
EVERYONE RENTAL ASSISTANCE PROGRAM," ATTACHED AND
INCORPORATED AS EXHIBIT "A" ("PROGRAM"); ALLOCATING AND
APPROPRIATING FUNDING IN AN AMOUNT NOT TO EXCEED FIVE MILLION
DOLLARS ($5,000,000.00) FOR THE PROGRAM TO PROVIDE ASSISTANCE
TO MIDDLE CLASS CITY OF MIAMI RESIDENTS WHO ARE UNABLE TO
ABSORB DRAMATIC RENT INCREASES; APPORTIONING FUNDING FOR
THE PROGRAM BETWEEN THE FIVE (5) COMMISSION DISTRICTS
PURSUANT TO THE ANTI -POVERTY INITIATIVE METHODOLOGY; FURTHER
AUTHORIZING THE CITY MANAGER TO ALLOCATE AND APPROPRIATE AN
AMOUNT NOT TO EXCEED TWO HUNDRED FIFTY THOUSAND, TWO
HUNDRED FIFTY-ONE DOLLARS AND NINETEEN CENTS ($250,251.19) TO
THE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT FOR
THE ADMINISTRATION OF THE PROGRAM; AUTHORIZING THE PROGRAM
FOR SIX (6) MONTHS WITH AN OPTION TO CONTINUE OR TERMINATE THE
PROGRAM AS FURTHER DESCRIBED HEREIN.
SPONSOR(S): Mayor Francis X. Suarez, Commissioner Ken Russell, Commissioner
Manolo Reyes, Commissioner Christine King
WHEREAS, new data has revealed that rent in South Florida has risen approximately
fifty percent (50%) compared to last year, the most of anywhere in the nation; and
WHEREAS, the City of Miami ("City") wishes to provide assistance to City residents who
do not qualify for the City's current rental assistance programs administered by the City's
Department of Housing and Community Development ("Department") but are not financially able
to absorb such dramatic rent increases; and
WHEREAS, the City wishes to establish the "Miami For Everyone Rental Assistance
Program", attached and incorporated as Exhibit "A" ("Program"), to provide assistance to those
eligible City residents; and
WHEREAS, funding for the Program will come from the CityCoin Gift the City received
pursuant to the Gift Agreement authorized by Resolution No. R-21-0345; and
WHEREAS, it is in the best interest of the City's residents to apportion the funding for
the Program between the five (5) Commission Districts pursuant to the Anti -Poverty Initiative
("API") methodology;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF
MIAMI, FLORIDA:
City of Miami
Rescinded by R-23-0207
Page 1 of 2 File ID: 11516 (Revision: A) Printed On: 6/9/2025
File ID: 11516 Enactment Number: R-22-0082
Section 1. The recitals and findings contained in the Preamble of this Resolution are
adopted by reference and incorporated as if fully set forth in this Section.
Section 2. The Miami City Commission establishes and implements the Program as
detailed in Exhibit "A," attached and incorporated.
Section 3. The following new Special Revenue Project is established and resources are
allocated and appropriated as described herein:
PROJECT TITLE: Miami For Everyone Rental
Assistance Program
RESOURCES:
CityCoin Gift pursuant to the
Gift Agreement authorized in
Resolution No. R-21-0345
$5,250,251.19
APPROPRIATION Miami For Everyone Rental $5,000,000.00 to the Program
Assistance Program
$250,251.19 to the
Department for Administrative
Costs associated with
Administering the Program
Section 4. The funding for the Program is apportioned between the five (5) Commission
Districts pursuant to the API methodology.
Section 5. The Program shall be authorized for six (6) months from the date the
Program is first made available to the public by the Department. After the initial six (6) months,
the District Commissioner may decide, based on the District's needs, to either continue funding
the Program with the remaining Program funds or terminate the Program within the District and
direct the remaining Program funds to other affordable housing project(s) within the District,
subject to all appropriate budgetary actions and approvals.
Section 6. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.'
APPROVED AS TO FORM AND CORRECTNESS:
1 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.
ng6ff1td by R-23-0207
Page 2 of 2 File ID: 11516 (Revision: A) Printed on: 6/9/2025