HomeMy WebLinkAboutR-26-0153City of Miami
Resolution R-26-0153
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 19022 Final Action Date: 4/9/2026
A RESOLUTION OF THE MIAMI CITY COMMISSION, AUTHORIZING THE
CITY MANAGER TO MODIFY THE INCOME ELIGIBILITY REQUIREMENTS
PREVIOUSLY AUTHORIZED PURSUANT TO RESOLUTION NO. R-25-0337,
ADOPTED ON SEPTEMBER 11, 2025, TO QUALIFIED APPLICANTS UP TO
ONE HUNDRED TWENTY PERCENT (120%) OF AREA MEDIAN INCOME
("AMI"), FOR THE SALES OF CITY OF MIAMI ("CITY") OWNED PROPERTIES
APPROXIMATELY LOCATED AT 1544 NW 58 TERRACE, 1465 NW 60
STREET, 1755 NORTHWEST 2 AVENUE (FORMERLY KNOWN AS 1755
NORTHWEST 2 COURT), AND 411 NORTHEAST 69 STREET, MIAMI,
FLORIDA; PROVIDING FOR AN EFFECTIVE DATE.
SPONSOR(S): Commissioner Christine King
WHEREAS, on September 11, 2025, pursuant to Resolution No. R-25-0337, the
Miami City Commission approved the sale with affordable housing restrictions, of the
homes located at 1544 Northwest 58 Terrace, 1465 Northwest 60 Street, 1755
Northwest 2 Avenue (formerly known as 1755 Northwest 2 Court), and 411 Northeast
69 Street, Miami, Florida (the "Properties"), to qualified applicants within an income
range of one hundred -twenty percent (120%) to one hundred -forty percent (140%) of
Area Median Income ("AMI") as published annually by the United States Department of
Housing and Urban Development; and
WHEREAS, the City of Miami ("City") now desires to modify said income
eligibility to prioritize affordability by restricting the sale of the Properties to qualified
applicants with an annual household income not to exceed one hundred -twenty percent
(120%) AMI; and
WHEREAS, once the homes on the Properties are fully constructed, they will
sell, at or below cost, for affordable homeownership housing to eligible applicants
whose annual income is up to one hundred -twenty percent (120%) AMI; and
WHEREAS, the City's Administration hereby recommends the modification of the
income eligibility requirements for the purchase of the City -owned Properties, as
previously set forth in Resolution No. R-25-0337, by restricting the sale of these homes
to qualified applicants with an annual household income not to exceed one hundred -
twenty percent (120%) of the AMI.
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
City of Miami Page 1 of 2 File ID: 19022 (Revision:) Printed On: 4/21/2026
File ID: 19022 Enactment Number: R-26-0153
Section 1. The recitals and findings contained in the Preamble to this Resolution
are adopted by reference and incorporated as fully set forth in this Section.
Section 2. The City Commission authorizes' the modification of the eligibility
requirements for the purchase of the City -owned Properties previously authorized in
Resolution No. 25-0337 to qualified applicants up to 120% of AMI.
Section 3. 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 legal requirements that may be
imposed, including but not limited to, those prescribed by applicable City Charter and City Code
provisions.
City of Miami Page 2 of 2 File ID: 19022 (Revision:) Printed on: 4/21/2026