HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #17764
Date: 06/17/2025
Commission Meeting Date: 07/24/2025
Requesting Department: Department of
Housing and Community Development
Sponsored By:
District Impacted: All
Type: Resolution
Subject: Allocate - Home Funds FY' 2025 - 2026
Purpose of Item:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ALLOCATING HOME INVESTMENT PARTNERSHIP PROGRAM ("HOME") FUNDS,
IN THE AMOUNT OF $2,919,951.04 FOR HOUSING PROGRAMS, FOR FISCAL
YEAR 2025-2026, AS MORE PARTICULARLY SPECIFIED IN EXHIBIT "A,"
ATTACHED AND INCORPORATED, FOR THE PROVISION OF DECENT AND SAFE
AFFORDABLE HOUSING TO LOW-INCOME HOUSEHOLDS; FURTHER
AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL
NECESSARY DOCUMENTS, INCLUDING AMENDMENTS, EXTENSIONS, AND
MODIFICATIONS, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY,
SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE
USE OF SUCH FUNDS, FOR SAID PURPOSE.
Background of Item:
On May 14, 2025, the United States Department of Housing and Urban Development
("HUD") announced the final Community Planning and Development Program Formula
Allocations for Fiscal Year 2025-2026, thereby announcing the amount of
$2,919,954.04.00 of Home Investment Partnership Program ("HOME") funds.
The City's Administration recommends the allocation of HOME funds in the amount of
$2,919,951.04 for Year 2025-2026, as more particularly specified in Exhibit "A,"
attached and incorporated, for the provision of affordable housing to low income
households.
Budget Impact Analysis
Item is NOT Related to Revenue
Item has NOT an Expenditure
Item is NOT funded by Bonds
Total Fiscal Impact:
Total Fiscal Impact: $2,919,951.04
Reviewed B
Department of Housing and Community Development
Review Completed 06/17/2025 10:03 AM
Office of Management and Budget
Office of Management and Budget
City Manager's Office
City Manager's Office
City Manager's Office
Legislative Division
Office of the City Attorney
City Commission
Legislative Division
Office of the City Attorney
Office of the City Attorney
Office of the City Clerk
Luis Hernandez -Torres
Marie Gouin
Larry M. Spring
Natasha Colebrook -Williams
Arthur Noriega V
Valentin J Alvarez
Raymond Pereira
Maricarmen Lopez
Valentin J Alvarez
Raymond Pereira
George K. Wysong III
City Clerk's Office
Victor Turner
Budget Analyst Review
Budget Review
Assistant City Manager Review
Deputy City Manager Review
City Manager Review
Legislative Division Review
ACA Review
Meeting
Legislative Division Review
ACA Review
Approved Form and Correctness
Rendered
Department Head
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
with Modification(s)
Completed
06/18/2025 4:11 PM
06/20/2025 5:32 PM
06/24/2025 12:38 PM
06/24/2025 2:47 PM
06/25/2025 9:16 AM
06/26/2025 12:24 PM
07/14/2025 6:51 PM
07/24/2025 9:00 AM
08/01/2025 3:23 PM
08/04/2025 3:54 PM
Completed
08/07/2025 3:48 PM
City of Miami
Legislation
Resolution
Enactment Number: R-25-0288
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 17764 Final Action Date:7/24/2025
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ALLOCATING HOME INVESTMENT PARTNERSHIP PROGRAM ("HOME") FUNDS,
IN THE AMOUNT OF $2,919,951.04 FOR HOUSING PROGRAMS, FOR FISCAL
YEAR ("FY") 2025-2026, AS MORE PARTICULARLY SPECIFIED IN EXHIBIT "A,"
ATTACHED AND INCORPORATED, FOR THE PROVISION OF DECENT AND SAFE
AFFORDABLE HOUSING TO LOW-INCOME HOUSEHOLDS; FURTHER
AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL
NECESSARY DOCUMENTS, INCLUDING AMENDMENTS, EXTENSIONS, AND
MODIFICATIONS, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, FOR
SAID PURPOSE.
WHEREAS, on May 14, 2025, the United States Department of Housing and Urban
Development ("HUD") announced the final Community Planning and Development Program
Formula Allocations for Fiscal Year 2025-2026, thereby announcing the amount of
$2,919,951.04 of Home Investment Partnership Program ("HOME") funds to the City of Miami
("City"); and
WHEREAS, pursuant to Resolution No. R-25-0283, adopted July 24, 2025, the Miami
City Commission accepted grant funds from HUD in the total amount of $22,283,189.04 which
included an amount of $2,919,951.04 for the HOME program; and
WHEREAS, the City's Administration recommends the allocation of HOME funds in the
amount of $2,919,951.04 for FY 2025-2026, as more particularly specified in Exhibit "A,"
attached and incorporated, for the provision of affordable housing to low-income households;
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 allocation of HOME funds in the amount of $2,919,951.04 for FY 2025-
2026 specified in Exhibit "A," attached and incorporated, beginning October 1, 2025, for the
provision of affordable housing to low-income households, is authorized.'
Section 3. The City Manager is authorized) to negotiate and execute any and all
necessary documents, including amendments, extensions, and modifications, all in forms
acceptable to the City Attorney, for said purpose.
Section 4. This Resolution shall become effective immediately upon its adoption.
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.
APPROVED AS TO FORM AND CORRECTNESS: