HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #18681
Date: 12/19/2025
Commission Meeting Date: 01/22/2026
Type: Resolution
Subject: Allocate Funds - CDBG-ED - D4
Purpose of Item:
Requesting Department: Department of
Housing and Community Development
Sponsored By: Ralph Rosado
District Impacted: District 4
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE TRANSFER OF COMM UNITY DEVELOPMENT BLOCK GRANT
("CDBG") FUNDS, FROM FISCAL YEAR ("FY") 2025-26, IN THE TOTAL AMOUNT OF
$50,000.00 FROM THE DEPARTMENT OF HOUSING AND COMMUNITY
DEVELOPMENT TO PROSPERA INITIATIVES, INC D/B/A PROSPERA, TO BE
UTILIZED FOR TECHNICAL ASSISTANCE TO FOR -PROFIT BUSINESSES AND
CARRY OUT OTHER ELIGIBLE ECONOMIC DEVELOPMENT ACTIVITIES IN
DISTRICT 4, AS SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED;
FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE
ANY AND ALL DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY,
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, FOR SAID PURPOSE.
Background of Item:
Pursuant to Resolution No. R-25-0287, adopted July 25, 2025, the Miami City
Commission approved the allocation of CDBG funds in the total amount of
$5,025,283.00 for Fiscal Year 2025-2026, which included an amount of $2,667,083.95
for economic development activities.
A portion of these funds need to be reallocated to Prospera Initiatives, Inc; to be utilized
for technical assistance to for -profit businesses and carry out other CDBG-eligible
economic development activities within District 4.
The City's Administration recommends the transfer of portion of CDBG funds from
FY2025-26 in the amount of $50,000.00 from Department of Housing and Community
Development to Prospera Initiatives, Inc., to be utilized for eligible CDBG economic
development activities in District 4; as specified in Exhibit "A," attached and
incorporated.
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: $50,000.00
Reviewed B
Department of Housing and Community Development
Review Completed 12/19/2025 11:52 AM
Office of Management and Budget Luis Hernandez -Torres
Office of Management and Budget
City Manager's Office
City Manager's Office
City Manager's Office
Legislative Division
Office of the City Attorney
Office of the City Attorney
City Commission
Legislative Division
Office of the City Attorney
Office of the City Attorney
Office of the City Clerk
Leon P Michel
Erica T. Paschal
Natasha Colebrook -Williams
Arthur Noriega V
Valentin J Alvarez
Raymond Pereira
George K. Wysong III
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
Approved Form and Correctness
Meeting
Legislative Division Review
ACA Review
Approved Form and Correctness
Rendered
Department Head
Completed 12/26/2025 10:03 AM
Completed 12/26/2025 10:15 AM
Completed 12/29/2025 2:30 PM
Completed 12/29/2025 2:34 PM
Completed 12/29/2025 4:19 PM
Completed 12/30/2025 10:57 AM
Completed 01/12/2026 10:49 AM
Completed 01/12/2026 1:10 PM
Completed 01/22/2026 9:00 AM
Completed 01/22/2026 12:08 PM
Completed 01/22/2026 2:38 PM
Completed 01/22/2026 3:14 PM
Completed 01/22/2026 5:44 PM
City of Miami
Legislation
Resolution
Enactment Number: R-26-0035
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 18681 Final Action Date:1/22/2026
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE TRANSFER OF COMMUNITY DEVELOPMENT BLOCK GRANT
("CDBG") FUNDS FROM FISCAL YEAR ("FY") 2025-26, IN THE TOTAL AMOUNT OF
FIFTY THOUSAND DOLLARS ($50,000.00) FROM THE DEPARTMENT OF HOUSING
AND COMMUNITY DEVELOPMENT TO PROSPERA INITIATIVES, INC., D/B/A
PROSPERA, TO BE UTILIZED FOR TECHNICAL ASSISTANCE TO FOR -PROFIT
BUSINESSES AND TO CARRY OUT OTHER ELIGIBLE ECONOMIC DEVELOPMENT
ACTIVITIES IN DISTRICT 4, AS SPECIFIED IN EXHIBIT "A," ATTACHED AND
INCORPORATED; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE
AND EXECUTE ANY AND ALL DOCUMENTS, IN A FORM ACCEPTABLE TO THE
CITY ATTORNEY, 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, FOR SAID
PURPOSE.
WHEREAS, pursuant to Resolution No. R-25-0287, adopted July 25, 2025, the Miami
City Commission approved the allocation of Community Development Block Grant ("CDBG")
funds in the total amount of Five Million Twenty -Five Thousand Two Hundred Eighty -Three and
00/100 Dollars ($5,025,283.00) for Fiscal Year ("FY") 2025-2026, which included an amount of
Two Million Six Hundred Sixty -Seven Thousand Eighty -Three Dollars and 95/100 Cents
($2,667,083.95) for economic development activities; and
WHEREAS, a portion of these funds need to be reallocated to Prospera Initiatives, Inc.,
("Prospera") to be utilized for technical assistance to for -profit businesses and to carry out other
CDBG-eligible economic development activities within District 4; and
WHEREAS the City's Administration recommends the transfer of a portion of CDBG
funds from FY 2025-26 in the amount of Fifty Thousand and 00/100 Dollars ($50,000.00) from
the Department of Housing and Community Development ("HCD") to Prospera to be utilized for
eligible CDBG economic development activities in District 4; as specified 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 transfer of a portion of CDBG funds from FY 2025-26 in the amount of
Fifty Thousand and 00/100 Dollars ($50,000.00) from HCD to Prospera, to be utilized for eligible
CDBG economic development activities in District 4; as described in Exhibit "A," attached and
incorporated; 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 a form
acceptable to the City Attorney, as may be necessary to implement the transfer of said funds.
Section 4. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
1/12/2026 1/22/2026
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.