HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #17828
Date: 06/30/2025
Commission Meeting Date: 07/24/2025
Requesting Department: Department of
Housing and Community Development
Sponsored By:
District Impacted: All
Type: Resolution
Subject: Accept - SHIP Funds FY'2025 - 2026
Purpose of Item:
A RESOLUTION OF THE MIAMI CITY COMMISSION, AUTHORIZING THE
ACCEPTANCE OF STATE HOUSING INITIATIVES PARTNERSHIP ("SHIP") FUNDS,
IN THE AMOUNT OF $2,083,953.00 FOR FISCAL YEAR ("FY") 2025-2026, FOR THE
STRATEGIES UNDER THE CURRENT SHIP LOCAL HOUSING ASSISTANCE PLAN
("LHAP"); FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND
EXECUTE, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, ANY AND ALL
DOCUMENTS, INCLUDING AMENDMENTS, RENEWALS, EXTENSIONS, AND
MODIFICATIONS, AS MAY BE NECESSARY, SUBJECT TO ALL FEDERAL, STATE,
AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS.
Background of Item:
In July 1992, the State of Florida enacted the William E. Sadowski Affordable Housing
Act ("Sadowski Act") which provides for the allocation of a portion of new and existing
documentary stamp taxes on deeds on real estate transactions to local governments for
the development and maintenance of affordable housing.
The Sadowski Act provided a dedicated revenue source for affordable housing and it
has created the Florida State Housing Initiative Partnership ("SHIP") program.
Pursuant to Resolution No. 25- , on July 24, 2025, the Miami City Commission
approved the City of Miami's ("City") LHAP for the period of July 1, 2025, through June
30, 2028, allowing the City's continued participation in the SHIP program.
In June 18, 2025, the City was notified by Florida Housing Finance Corporation a
distribution of SHIP funds in the total amount of $2,083,953.00 for State FY2025-2026.
The City's Administration recommends the acceptance of SHIP funds in the amount of
$2,083,953.00 for FY 2025-2026 for the strategies under the current SHIP LHAP.
Budget Impact Analysis
Item is NOT Related to Revenue
Item has NOT an Expenditure
Total Fiscal Impact:
Total Fiscal Impact: $2,083,953.00
Reviewed B
Department of Housing and Community Development
Review Completed 07/09/2025 8:55 AM
Office of Management and Budget
Office of Management and Budget
City Manager's Office
City Manager's Office
Legislative Division
City Manager's Office
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
Valentin J Alvarez
Arthur Noriega V
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
Legislative Division Review
City Manager 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
07/10/2025 8:25 AM
07/10/2025 4:30 PM
07/14/2025 11:39 AM
07/14/2025 2:45 PM
07/14/2025 3:38 PM
07/14/2025 8:05 PM
07/15/2025 11:16 AM
07/24/2025 9:00 AM
08/01/2025 2:44 PM
08/04/2025 4:49 PM
Completed
08/07/2025 3:47 PM
City of Miami
Legislation
Resolution
Enactment Number: R-25-0294
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 17828 Final Action Date:7/24/2025
A RESOLUTION OF THE MIAMI CITY COMMISSION, AUTHORIZING THE
ACCEPTANCE OF STATE HOUSING INITIATIVES PARTNERSHIP ("SHIP") FUNDS,
IN THE AMOUNT OF $2,083,953.00 FOR FISCAL YEAR 2025-2026, FOR THE
STRATEGIES UNDER THE CURRENT SHIP LOCAL HOUSING ASSISTANCE PLAN
("LHAP"); FURTHER 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, FOR SAID PURPOSE.
WHEREAS, in July 1992, the State of Florida enacted the William E. Sadowski
Affordable Housing Act ("Sadowski Act") which provides for the allocation of a portion of new
and existing documentary stamp taxes, which are paid on the transfer of real estate, to local
governments for the development and maintenance of affordable housing; and
WHEREAS, the Sadowski Act provided a dedicated revenue source for affordable
housing and it has created the Florida State Housing Initiative Partnership ("SHIP") program;
and
WHEREAS, pursuant to Resolution No. R-25-0290, on July 24, 2025, the Miami City
Commission approved the City of Miami's ("City") Local Housing Assistance Plan ("LHAP") for
the period of July 1, 2025, through June 30, 2028, allowing the City's continued participation in
the SHIP program; and
WHEREAS, on June 18, 2025, the City was notified by Florida Housing Finance
Corporation of a distribution of SHIP funds to the City in the total amount of $2,083,953.00 for
State Fiscal Year ("FY") 2025-2026; and
WHEREAS, the City's Administration recommends the acceptance of SHIP funds in the
amount of $2,083,953.00 for FY 2025-2026 for the strategies under the current SHIP LHAP;
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 acceptance of SHIP funds, in the total amount of $2,083,953.00 for FY
2025-2026, for the strategies under the current SHIP LHAP, is authorized.'
Section 3. The City Manager is authorized to negotiate and execute any and all
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.
necessary documents, including amendments, renewals, 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 and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
2 If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days
from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective
immediately upon override of the veto by the City Commission.