HomeMy WebLinkAboutCRA-R-22-0033 MemorandumSEOPW Board of Commissioners Meeting
July 28, 2022
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Christine King
and Members of the CRA
Board
From: James McQueen
Executive Director
Date: July 22, 2022
File: 12349
Subject: Emergency Rental Assistance
Program
Enclosures: FILE #12349 - Backup
BACKGROUND:
This Resolution of the Board of Commissioners of the Southeast Overtown/Park West Community
Redevelopment Agency ("SEOPW CRA") authorizes a grant, in an amount not to exceed $1,000,000.00,
the funding of an Emergency Rental Assistance Program ("ERAP") to be administered by the SEOPW
CRA. The ERAP is in response to the recent rent spike crisis in the area, to help re -stabilize the housing
situation for many of our residents, during a projected, oncoming economic recession and eviction
predicament in the SEOPW CRA zone. Since the overall impact of the pandemic, including rising
inflation and a real estate boom, SEOPW CRA has quickly become the most housing costs -burdened,
major metropolis in the nation. Moreover, in the backdrop of the end of eviction moratoriums, the
SEOPW CRA jurisdiction is even more vulnerable due to the areas low income within the redevelopment
area. The recent federal economic stimulus packages inspired a plethora of similar programs in
municipalities across the county. The SEOPW CRA essentially models them, prioritizing tenant
households failing at or under 50% Area Median Income ("AMP') over 80% AMI threshold requirement.
JUSTIFICATION:
Florida Statutes, Section 163.335(6) of the Community Redevelopment Act (the "Act"), found and
declared that there exists "... a severe shortage of housing affordable to residents of low or moderate
income, including the elderly... [and] such condition[s] affect the health, safety and welfare of the
residents ... and retards their growth and economic and social development ...."
Section 2, Goal 3, on page 10 of the 2018 Southeast Overtown/Park West Community Redevelopment
Plan (the "Updated Plan") lists "encourag [ing] ... affordable ...housing within the CRA" as a stated
redevelopment goal; and
Section 2, Principle 2, on page 13 of the "Updated Plan" also provides that "the neighborhood must retain
access to affordable housing even as the neighborhood becomes more desirable to households with
greater means" as a stated redevelopment principle; and
Section 2, Principle 14, on page 15 of the "Updated Plan" also provides to "restore a sense of community
and unify the area culturally... to do whatever is in [the CRA's] power to bring back... Overtown its...
sense of place [and] cultural distinctiveness" as a stated redevelopment principle.
FUNDING:
$1,000,000.00 allocated from SEOPW "Other Grants and Aids" Account
No. 10050.920101.883000.0000.00000.
FACT SHEET:
Company name: Southeast Overtown/Park West Community Redevelopment Agency (Emergency
Rental Assistance Program)
Address: 819 NW 2nd Ave., 3rd floor, Miami, FL 33136
Number of participants: Estimated impact of over 170 jurisdictional tenant households and property
owners combined.
Funding request: $1,000,000.00
Term: Payments will start in August 2022 over the maximum period of six months' worth of rental
payments; January 2023 is when the earliest grantees would be exiting the program
Stipend provided? Yes, a stipend to participants.
Maximum allotted rent increase payment of $500.00 a household for a maximum period of six months,
making for a cap of $3,000.00, to be paid directly to the property owner after passing a unit inspection.
Age range of participants: Adults of legal tenant and property -owning age, 18+
Scope of work or services (Summary): We are largely modeling from similar ERA programs of local
municipalities. A marketing campaign will follow, including the distribution of informational flyers or
brochures. Paper applications will be disseminated throughout the jurisdiction with both tenants applying
and landlords being given the opportunity to approve or refer their tenants to the program, all with the
submission option to mail in or drop off directly to CRA Office. We will use our rubric to help determine
prioritization and eligibility. Alternatives may be sought for eligible tenant grantees with uncooperative
landlords.
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AGENDA ITEM
FINANCIAL INFORMATION FORM
SEOPW CRA
CRA Board Meeting Date: July 28, 2022
CRA Section:
Brief description of CRA Agenda Item:
Authorizing an expenditure, in an amount not to exceed $1,000,000.00, to the funding of
an Emergency Rental Assistance Program.
Project Number
YES, there
Account Code:10050.920101.883000.0000.00000
(if applicable):
are sufficient funds in Line Item:
Amount: $1 , 0 0 0, 0 0 0.0 0
NO (Complete the following source of funds information):
Amount budgeted in the line item: $
Balance in the line item: $
Amount needed in the line item: $
Sufficient funds will be transferred from the following line items:
ACTION
ACCOUNT NUMBER
TOTAL
Project No./Index/Minot Object
From
$
To
$
From
$
To
$
Comments:
Approved by:
Approval:
Executive Director 7122/2022
Miguel A Valentin, ririarice Off;cer 7122/2022
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Southeast Overtown/Park West
Community Redevelopment Agency
File Type: CRA Resolution
Enactment Number: CRA-R-22-0033
File Number: 12349 Final Action Date:7/28/2022
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY,
AUTHORIZING THE FUNDING, TO ITS EMERGENCY RENTAL ASSISTANCE
PROGRAM ("ERAP"), IN AN AMOUNT NOT TO EXCEED OF $1,000,000.00;
AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS
NECESSARY FOR SAID PURPOSE; FURTHER AUTHORIZING THE EXECUTIVE
DIRECTOR TO DISBURSE FUNDS, AT HIS DISCRETION, ON A REIMBURSEMENT
BASIS OR DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND
SATISFACTORY DOCUMENTATION; AND PROVIDING FOR THE INCORPORATION
OF RECITALS A AN EFFECTIVE DATE. ALLOCATING FUNDS FROM SEOPW,
"OTHER GRANTS AND AIDS," ACCOUNT CODE NO.
10050.920101.883000.0000.00000.
WHEREAS, Florida Statutes, Section 163.335(6) of the Community Redevelopment Act (the
"Act"), found and declared that there exists "... a severe shortage of housing affordable to residents of
low or moderate income, including the elderly... [and] such condition[s] affect the health, safety and
welfare of the residents ... and retards their growth and economic and social development ...."
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") is
a community redevelopment agency created pursuant to Chapter 163, Florida Statutes, and is responsible
for carrying out community redevelopment activities and projects within its Redevelopment Area in
accordance with the 2018 Updated Southeast Overtown/Park West Redevelopment Plan (the "Updated
Plan"); and
WHEREAS, Section 2, Goal 3, on page 10 of the 2018 Southeast Overtown/Park West
Community Redevelopment Plan (the "Updated Plan") lists "encourag [ing] ... affordable... housing within
the CRA" as a stated redevelopment goal; and
WHEREAS, Section 2, Principle 2, on page 13 of the "Updated Plan" also provides that "the
neighborhood must retain access to affordable housing even as the neighborhood becomes more desirable
to households with greater means" as a stated redevelopment principle; and
WHEREAS, Section 2, Principle 14, on page 15 of the "Updated Plan" also provides to "restore a
sense of community and unify the area culturally... to do whatever is in the CRA's] power to bring
back... Overtown its... sense of place [and] cultural distinctiveness" as a stated redevelopment principle.
WHEREAS, The ERAP is in response to the recent rent spike crisis in the area, to help re -
stabilize the housing situation for many of our residents, during a projected, oncoming economic
recession and eviction predicament in the SEOPW CRA zone.
Page 4 of 5
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY 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 herein as if fully set forth in this Section.
Section 2. The Executive Director is authorized to execute all documents necessary for said
purpose.
Section 3. The Executive Director is authorized to disburse funds, at his discretion, on a
reimbursement basis or directly to vendors, upon presentation of invoices and satisfactory documentation.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
e Br ounsel
7/22/2022
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