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HomeMy WebLinkAboutR-25-0470City of Miami Resolution R-25-0470 Legislation City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 18269 Final Action Date: 11/20/2025 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AN AMENDMENT TO THE CITY OF MIAMI ("CITY") LOCAL HOUSING ASSISTANCE PLAN ("LHAP") POLICIES, ATTACHED AND INCORPORATED, FOR FISCAL YEAR ("FY") 2022-2025, TO MODIFY THE SINGLE FAMILY EMERGENCY PROGRAM, SINGLE FAMILY REHABILITATION PROGRAM AND SINGLE FAMILY REPLACEMENT HOME PROGRAM, RESPECTIVELY; FURTHER AUTHORIZING THE CITY MANAGER TO SUBMIT THE CHANGES TO THE LHAP PLAN FOR REVIEW AND APPROVAL BY THE FLORIDA HOUSING FINANCE CORPORATION ("FHFC"); FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, IN A FORM 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 on deeds on real estate transactions 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 created the State Housing Initiative Partnership ("SHIP") Program; and WHEREAS, pursuant to Section 420.9072(2)(a), Florida Statutes, a county or eligible municipality must submit to the corporation its Local Housing Assistance Plan ("LHAP") describing the local housing assistance strategies to be eligible to receive funds under the program; and WHEREAS, pursuant to Resolution No. 22-0203, on June 9, 2022, the Miami City Commission approved the City of Miami's ("City") LHAP for the period of July 1, 2022, through June 30, 2025; and WHEREAS, on June 18, 2024, pursuant to Resolution No. R-24-0220, the Miami City Commission approved the City of Miami's ("City") LHAP, for Fiscal Year ("FY") 2022-2025, that included changes to the Home Buyer Financing program and Homeownership Development program; and WHEREAS, amendments to the LHAP must be approved by the Miami City Commission and later sent to the Florida Housing Finance Corporation ("FHFC") for review and final approval; and WHEREAS, the City's Administration recommends the amendment of the City's LHAP policies, attached, and incorporated, for FY 2022-2025, to modify to the Single -Family City of Miami Page 1 of 2 File ID: 18269 (Revision:) Printed On: 12/23/2025 File ID: 18269 Enactment Number: R-25-0470 Emergency program, Single Family Rehabilitation program and Single -Family Replacement Home program, respectively; 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 LHAP policies, attached and incorporated, for FY 2022-2025, to modify the Single -Family Emergency program, Single Family Rehabilitation program and Single -Family Replacement Home program, respectively, is approved.' Section 3. The City Manager is authorized' to submit the plan to the Florida Housing Finance Corporation for review and approval and to negotiate and execute all necessary documents to implement the terms and conditions of the SHIP Program and the LHAP. Section 4. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: 1 The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited, to those prescribed by applicable City Charter and Code provisions. City of Miami Page 2 of 2 File ID: 18269 (Revision:) Printed on: 12/23/2025