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Home My WebLink AboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #16920 Date: 11/07/2024 Commission Meeting Date: 12/12/2024 Requesting Department: Department of Housing and Community Development Sponsored By: District Impacted: All Type: Resolution Subject: Approve Reallocation - HOME-ARPA Funds - MD -Homeless Trust Purpose of Item: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE REALLOCATION OF HOME INVESTMENT PARTNERSHIPS- AMERICAN RESCUE PLAN ACT ("HOME-ARPA") FUNDS IN THE AMOUNT OF EIGHT MILLION DOLLARS ($8,000,000.00) TO MIAMI DADE COUNTY -HOMELESS TRUST ("HOMELESS TRUST"), AS A CONTRIBUTION FOR THE ACQUISITION OF A PROPERTY LOCATED AT 10821 CARIBBEAN BLVD, CUTLER BAY, FLORIDA, ("THE HIDEAWAYS BY THE BAY PROJECT"), AS SPECIFIC IN EXHIBIT "A," ATTACHED AND INCORPORATED, AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS INCLUDING EXTENSIONS, AMENDMENTS, AND MODIFICATIONS, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY TO IMPLEMENT THE TRANSFER OF SAID FUNDS. Background of Item: On April 28, 2021, the Department of Housing and Community Development ("HCD") received a letter from U.S. Department of Housing and Urban Development ("HUD") announcing a special allocation of HOME-ARPA funds to be granted to the City of Miami ("City"), in the total amount of $12,720,427.00. Pursuant to Resolution No. R-21-0261, adopted June 6, 2021, the Miami City Commission approved the acceptance of the grant in the total amount of $12,720,427.00 which included an amount of $9,540,321.00 to Citywide Housing Programs. On November 7, 2023, the Homeless Trust submitted an application requesting $8,000,000.00 in HOME-ARPA funds to the City of Miami for the acquisition of La Quinta hotel located at 10821 Caribbean Blvd, Cutler Bay, Florida. The City funds will be part of the $14,000,000 purchase price. "The Hideaways by the Bay Project" will provide 107 permanent supportive housing which includes fifty-seven (57) units to the City of Miami, with a preference for homeless population, as defined in 24 CFR 91.5 Homeless (1), (2), (3) as per HOME-ARPA Qualifying Populations ("QPs1"). The Homeless Trust is a Florida political subdivision that serves as the lead agency for Miami -Dade County's Homeless Continuum of Care ("CoC"), that supports more than 5,000 people daily in supportive housing. Ninety-eight percent of households placed in supportive housing successfully retain supportive housing. The City's Administration recommends the reallocation of HOME-ARPA funds in the total amount of $8,000,000.00 to the Homeless Trust, as a contribution for the acquisition of the property located at 10821 Caribbean Blvd, Cutler Bay, Florida, ("The Hideaways by the Bay Project"). Budget Impact Analysis Item is NOT Related to Revenue Item is an Expenditure Item is NOT funded by Bonds Total Fiscal Impact: Total Fiscal Impact: $8,000,000.00 Reviewed B Department of Housing and Community Development Review Completed 11/15/2024 11:15 AM Office of Management and Budget Luis Hernandez -Torres Office of Management and Budget City Manager's Office City Manager's Office Legislative Division City Manager's Office Office of the City Attorney Office of the City Attorney City Commission Office of the City Clerk Marie Gouin Larry M. Spring Natasha Colebrook -Williams Valentin J Alvarez Arthur Noriega V Raymond Pereira George K. Wysong III Maricarmen Lopez City Clerk's Office Victor Turner Budget Analyst Review Budget Review Assistant City Manager Review Deputy City Manager Review Legislative Division Review City Manager Review ACA Review Approved Form and Correctness Meeting Rendered Department Head Completed 11/15/2024 12:43 PM Completed 11/20/2024 9:53 AM Completed 12/03/2024 12:54 PM Completed 12/03/2024 1:30 PM Completed 12/03/2024 1:47 PM Completed 12/03/2024 4:59 PM Completed 12/03/2024 6:15 PM Completed 12/03/2024 8:14 PM Completed 12/12/2024 9:00 AM Completed 12/17/2024 4:41 PM City of Miami Legislation Resolution Enactment Number: R-24-0495 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 16920 Final Action Date:12/12/2024 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE REALLOCATION OF HOME INVESTMENT PARTNERSHIPS- AMERICAN RESCUE PLAN ACT ("HOME -ARP") FUNDS IN THE AMOUNT OF EIGHT MILLION DOLLARS ($8,000,000.00) TO MIAMI DADE COUNTY -HOMELESS TRUST ("HOMELESS TRUST"), AS A CONTRIBUTION FOR THE ACQUISITION OF A PROPERTY LOCATED AT 10821 CARIBBEAN BLVD, CUTLER BAY, FLORIDA, (THE "PROPERTY"), AS SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED, AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS INCLUDING EXTENSIONS, AMENDMENTS, AND MODIFICATIONS, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY TO IMPLEMENT THE TRANSFER OF SAID FUNDS. WHEREAS, on April 28, 2021, the Department of Housing and Community Development ("HCD") received a letter from United States Department of Housing and Urban Development ("HUD") announcing a special allocation of HOME Investment Partnerships -American Rescue Plan Act ("HOME -ARP") funds to be granted to the City of Miami ("City"), in the total amount of $12,720,427.00; and WHEREAS, pursuant to Resolution No. R-21-0261, adopted June 6, 2021, the City Commission approved the acceptance of the HOME -ARP grant in the total amount of $12,720,427.00, which included an amount of $9,540,321.00 to Citywide Housing Programs; and WHEREAS, the Homeless Trust ("Homeless Trust") is a Florida political subdivision that serves as the lead agency for Miami -Dade County's Homeless Continuum of Care ("CoC"), that supports more than 5,000 people daily in supportive housing, and which ninety-eight percent (98%) of households placed in supportive housing successfully retain supportive housing; and WHEREAS, on November 7, 2023, the Homeless Trust submitted an application to the City requesting $8,000,000.00 in HOME -ARP funds for the acquisition of a property located at 10821 Caribbean Blvd, Cutler Bay, Florida ("Property"), with the plans to convert the Property into permanent housing for persons experiencing homelessness, to be known as Hideaways by the Bay ("Project"); and WHEREAS, the HOME -ARP funds will be part of the $14,000,000.00 purchase price; and WHEREAS, the Project will provide 107 permanent supportive housing which includes fifty-seven (57) units to the City of Miami, with a preference for homeless population, as defined in 24 CFR 91.5 Homeless (1), (2), (3) as per HOME -ARP Qualifying Populations ("QPs1"); and WHEREAS, the City's Administration recommends the reallocation of HOME -ARP funds in the total amount of $8,000,000.00 to the Homeless Trust, as a contribution for the acquisition of the Property; 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 reallocation of HOME -ARP funds to the Homeless Trust as a contribution for the acquisition of the property, as specified in Exhibit "A," attached and incorporated, is approved. Section 3. The City Manager is authorized' to negotiate and execute any and all documents, including extensions, amendments, and modifications, all in a form acceptable to the City Attorney, as may be necessary to implement the transfer of said funds. Section 4. This Resolution shall become effective immediately upon its adoption APPROVED AS TO FORM AND CORRECTNESS: g Wy j ng III, C y ttor -y 12/3/2024 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.