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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #14109 Date: 06/01/2023 Commission Meeting Date: 07/13/2023 Requesting Department: Department of Housing and Community Development Sponsored By: District Impacted: All Type: Resolution Subject: Accept - Section 8 Fund FY:2023-2024 Purpose of Item: AUTHORIZING THE ACCEPTANCE OF SECTION 8 HOUSING PROGRAM FUNDS, IN THE PROJECTED AMOUNT OF $4,422,300.00 FOR RENTAL ASSISTANCE, AND IN THE PROJECTED AMOUNT OF $507,000.00 FOR PROGRAM ADMINISTRATION, FOR A TOTAL PROJECTED AMOUNT OF $4,929,300.00 FROM FISCAL YEAR ("FY") 2023-2024 ANNUAL CONTRIBUTIONS FROM THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT; AUTHORIZING THE CITY MANAGER TO EXECUTE ANY AND ALL NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, TO IMPLEMENT THE ACCEPTANCE OF THE ACCEPTANCE OF THE ACTUAL AMOUNT OF SECTION 8 HOUSING PROGRAM FUNDS WHEN MADE AVAILABLE. Background of Item: On the City of Miami ("City") has four hundred forty-three (443) units under Section 8 contracts. The United States Department of Housing and Urban Development ("HUD") has advised the City that the projected allocation for the Section 8 Housing Program for FY:2023-2024 is available in the amount of $4,422,300.00 for rental assistance payments and $507,000.00 for program administration, for a total projected amount of $4,929,300.00. The numbers stated herein are projections, City Administration may need to adjust the numbers once released by HUD. The City's Administration recommends the acceptance of Section 8 Funds for Fiscal Year 2023-2024 in the total estimated amount of $4,929,300.00. Budget Impact Analysis Item is NOT Related to Revenue Item has NOT an Expenditure Item is NOT funded by Bonds Total Fiscal Impact: $4,929,300.00 Department of Community and Economic Development Review Completed Office of Management and Budget Office of Management and Budget City Manager's Office City Manager's Office Legislative Division 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 06/01/2023 4:07 PM Luis Hernandez -Torres Marie Gouin Larry M. Spring Arthur Noriega V Valentin J Alvarez Raymond Pereira Victoria Mendez Maricarmen Lopez Mayor's Office City Clerk's Office City Clerk's Office George Mensah Budget Analyst Review Budget Review Assistant City Manager Review City Manager Review Legislative Division Review ACA Review Approved Form and Correctness Meeting Department Head Completed Completed Completed Completed Completed Completed Completed Completed Signed by the Mayor Completed Signed and Attested by the City Clerk Completed Rendered Completed 06/02/2023 7:29 AM 06/02/2023 2:02 PM 06/07/2023 11:07 AM 06/08/2023 10:23 AM 06/11/2023 12:38 PM 06/21/2023 12:50 PM 06/27/2023 4:34 PM 07/13/2023 9:00 AM 07/19/2023 9:08 PM 07/19/2023 9:41 PM 07/19/2023 9:42 PM City of Miami Legislation Resolution Enactment Number: R-23-0298 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 14109 Final Action Date:7/13/2023 A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE ACCEPTANCE OF SECTION 8 HOUSING PROGRAM FUNDS, IN THE PROJECTED AMOUNT OF $4,422,300.00 FOR RENTAL ASSISTANCE, AND IN THE PROJECTED AMOUNT OF $507,000.00 FOR PROGRAM ADMINISTRATION, FOR A TOTAL PROJECTED AMOUNT OF $4,929,300.00 FROM FISCAL YEAR ("FY") 2023-2024 ANNUAL CONTRIBUTIONS FROM THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT; AUTHORIZING THE CITY MANAGER TO EXECUTE ANY AND ALL NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE. WHEREAS, the City of Miami ("City") has four hundred forty-three (443) units under Section 8 contracts; and WHEREAS, the United States Department of Housing and Urban Development ("HUD") has advised the City that the projected allocation for the Section 8 Housing Program for Fiscal Year ("FY") 2023-2024 shall be available in the projected amount of $4,422,300.00 for rental assistance payments and $507,000.00 for program administration, for a total projected amount of $4,929,300.00; and WHEREAS, the figures stated herein are projections, and the City Administration may need to adjust the final figures once released by HUD; and WHEREAS, the City's Administration recommends the acceptance of Section 8 Funds for FY 2023-2024 in the total estimated amount of $4,929,300.00; 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 Section 8 Housing Program funds in the projected amount of $4,422,300.00 for rental assistance and in the projected amount of $507,000.00 for program administration, for a total projected amount of $4,929,300.00 for FY 2023-2024, is authorized.' Section 3. These allocations will be adjusted in direct proportion to the actual allocation of Section 8 funds provided by HUD for FY 2023-2024 without the need for further City Commission action. Section 4. The City Manager is authorized to execute any and all necessary documents for said purpose. Section 5. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.2 APPROVED AS TO FORM AND CORRECTNESS: ndez, City Httor ey 6/27/2023 1 The herein authorization is further subject to compliance with all legal requirements that may be imposed, 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.