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HomeMy WebLinkAboutAgenda Item Cover PageAGENDA ITEM COVER PAGE File ID: #18329 Resolution Sponsored by: Commissioner Christine Kind A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AMENDING THE CITY OF MIAMI'S DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT'S SINGLE FAMILY REHABILITATION PROGRAM GUIDELINES IN ORDER TO INCLUDE A LOAN FORGIVENESS EXCEPTION UPON THE DEATH OF THE ORIGINAL BORROWER, AS MORE PARTICULARLY DESCRIBED IN EXHIBIT "A," ATTACHED AND INCORPORATED; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE. City of Miami Legislation Resolution Enactment Number: R-25-0445 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 18329 Final Action Date:10/23/2025 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AMENDING THE CITY OF MIAMI'S DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT'S SINGLE FAMILY REHABILITATION PROGRAM GUIDELINES IN ORDER TO INCLUDE A LOAN FORGIVENESS EXCEPTION UPON THE DEATH OF THE ORIGINAL BORROWER, AS MORE PARTICULARLY DESCRIBED IN EXHIBIT "A," ATTACHED AND INCORPORATED; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE. WHEREAS, the Single Family Rehabilitation Program ("Rehab Program"), is designated to provide funding for low-income homeowners to rehabilitate their occupied properties so residents can achieve decent, safe, and sanitary conditions; and WHEREAS, the Rehab Program guidelines for this housing assistance program currently requires repayment of loan assistance upon sale, transfer or change in occupancy of the assisted property; and WHEREAS, there is a need to include a forgiveness exception for the Rehab Program repayment requirements in cases where the borrower is deceased; and WHEREAS, the City of Miami's ("City") Administration recommends amending the City's Department of Housing and Community Development's Rehab Program Guidelines to include a loan forgiveness exception upon the death of the original borrower, as described in Exhibit "A," attached and incorporated; 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 amendment of the City's Department of Housing and Community Development's Housing Program Guidelines, as described in Exhibit "A," attached and incorporated, in order to include a loan forgiveness exception upon the death of the original borrower, is authorized.' Section 3. The City Manager is authorized to negotiate and execute any and all necessary documents, in a form acceptable to the City Attorney, for said purpose. Section 4. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: