Loading...
HomeMy WebLinkAboutAgenda Item Cover PageAGENDA ITEM COVER PAGE File ID: #14268 Resolution Sponsored by: Commissioner Christine King A RESOLUTION OF THE MIAMI CITY COMMISSION MODIFYING THE REQUIREMENTS AND GUIDELINES OF RESOLUTION NO. R-23-0052 WHICH AUTHORIZED AND DIRECTED THE CITY MANAGER TO AUTHORIZE THE SALE OF PROPERTIES BEING DEVELOPED INTO AFFORDABLE HOUSING TO QUALIFIED APPLICANTS BY PROCESSING APPLICATIONS ON A FIRST COME, FIRST READY, FIRST SERVE BASIS AND IN COMPLIANCE WITH THE REQUIREMENTS OF 24 CFR PART 92 ALSO KNOWN AS THE HOME INVESTMENT PARTNERSHIPS PROGRAM ("HOME"), AND THE REQUIREMENTS OF THE NEIGHBORHOOD STABILIZATION PROGRAM ("NSP") WHICH IS SUBJECT TO THE COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") PROGRAM RESTRICTIONS AND/OR OTHER CDBG ACTIVITIES; PROVIDING FOR AN EFFECTIVE DATE. City of Miami Legislation Resolution Enactment Number: R-23-0311 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 14268 Final Action Date:7/13/2023 A RESOLUTION OF THE MIAMI CITY COMMISSION MODIFYING THE REQUIREMENTS AND GUIDELINES OF RESOLUTION NO. R-23-0052 WHICH AUTHORIZED AND DIRECTED THE CITY MANAGER TO AUTHORIZE THE SALE OF PROPERTIES BEING DEVELOPED INTO AFFORDABLE HOUSING TO QUALIFIED APPLICANTS BY PROCESSING APPLICATIONS ON A FIRST COME, FIRST READY, FIRST SERVE BASIS AND IN COMPLIANCE WITH THE REQUIREMENTS OF 24 CFR PART 92 ALSO KNOWN AS THE HOME INVESTMENT PARTNERSHIPS PROGRAM ("HOME"), AND THE REQUIREMENTS OF THE NEIGHBORHOOD STABILIZATION PROGRAM ("NSP") WHICH IS SUBJECT TO THE COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") PROGRAM RESTRICTIONS AND/OR OTHER CDBG ACTIVITIES; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, on January 26, 2023, the City Commission adopted Resolution No. 23- 0052, which authorized and directed the City Manager to authorize the sale of properties being developed into affordable housing, as more particularly described in Exhibit "A", attached and incorporated ("Homebuyer Program"); and WHEREAS, eligible applicants of the Homebuyer Program must be in compliance with 24 CFR Part 92, also known as the Home Investment Partnerships Program ("HOME Program") in order to purchase one of the affordable properties ("Qualified Applicant"); and WHEREAS, pursuant to Resolution No. R-23-0052, Qualified Applicants shall be selected by a lottery/random draw, which shall feature a City of Miami ("City") resident preference; and WHEREAS, it is the desire of the City Commission to modify the Homebuyer Program's requirements and guidelines as described herein; and WHEREAS, the Homebuyer's Program's applications will be processed on a first come, first ready, first serve basis, to Qualified Applicants, which shall feature a City resident preference; and WHEREAS, Qualified Applicants must be in compliance with the Neighborhood Stabilization Program ("NSP"), which is regulated by 24 CFR part 570, also known as the Community Development Block Grant ("CDBG") program; and WHEREAS, except as described herein, no other portion of the Homebuyer Program shall be impacted by this Resolution; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY 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 modification of the Homebuyer Program's requirements and guidelines by processing applications on a first come, first ready, first serve basis, with a City resident preference, is authorized. Section 3. The modification of the Homebuyer Program's requirements and guidelines to Qualified Applicants in compliance with the NSP Program, is authorized: Section 4. This Resolution shall take effect immediately upon its adoption APPROVED AS TO FORM AND CORRECTNESS: "ndez, City tor 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 City Charter and City Code provisions.