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HomeMy WebLinkAboutR-24-0495City of Miami Resolution R-24-0495 Legislation 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 City of Miami Page 1 of 2 File ID: 16920 (Revision:) Printed On: 8/12/2025 File ID: 16920 Enactment Number: R-24-0495 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: ge Wyy 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. City of Miami Page 2 of 2 File ID: 16920 (Revision:) Printed on: 8/12/2025