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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #19414 Date: 06/08/2026 Commission Meeting Date: 07/09/2026 Requesting Department: Department of Housing and Community Development Sponsored By: Damian Pardo District Impacted: Type: Resolution Subject: Approve - Amend LHAP Policies FY'2025-2028 Purpose of Item: 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") 2025-2028, TO MODIFY THE SINGLE FAMILY EMERGENCY PROGRAM, AND SINGLE FAMILY REHABILITATION PROGRAM, RESPECTIVELY; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS INCLUDING AMENDMENTS, RENEWALS, EXTENSIONS, AND MODIFICATIONS, ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY FOR SAID PURPOSE, SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS FOR SAID PURPOSE. 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 created the State Housing Initiative Partnership ("SHIP") Program. Pursuant to Section 420.9072(2)a of Florida Statute, a county or eligible municipality must submit to the corporation its local housing assistance plan describing the local housing assistance strategies to be eligible to receive funds under the program. On July 24, 2025, pursuant to Resolution No. 25-0290 the Miami City Commission approved the City's LHAP, for the period of July 1, 2025, through June 30, 2028. There is a need to amend the LHAP to include changes to the Single Family Emergency program, and the Single Family Rehabilitation program, as reflected in the LHAP, attached and incorporated, to remove the require of the repayment of the loan in the event of the death of the original borrower. To incorporate these changes in the LHAP an amendment needs to be approved by the Miami City Commission and later sent to Florida Housing Finance Corporation for review and final approval. The City's Administration recommends the amendment of the City of Miami ("City") Local Housing Assistance Plan ("LHAP") policies, attached, and incorporated, for FY 2025-2028, to modify to the Single -Family Emergency program, and the Single -Family Rehabilitation program, respectively. Budget Impact Analysis Item is NOT Related to Revenue Item has NOT an Expenditure Item is NOT funded by Bonds Total Fiscal Impact: $0 Reviewed B Department of Housing and Community Development Review Completed 06/16/2026 8:35 AM Office of Management and Budget Luis Hernandez -Torres Office of Management and Budget City Manager's Office City Manager's Office Legislative Division Office of the City Attorney Office of the City Attorney Office of the City Attorney City Commission Office of the City Clerk Marie Gouin Erica T. Paschal Natasha Colebrook -Williams Valentin J Alvarez Raymond Pereira Xavier Alban George K. Wysong III Maricarmen Lopez City Clerk's Office Victor Turner Department Head Budget Analyst Review Completed Budget Review Completed Assistant City Manager Review Completed Approved on behalf of the City Manager Legislative Division Review Completed ACA Review Deputy Attorney Review Approved Form and Correctness Meeting Rendered Completed Completed Completed Completed Completed 06/16/2026 12:13 PM 06/16/2026 1:40 PM 06/16/2026 1:49 PM Completed 06/17/2026 10:43 AM 06/23/2026 2:49 PM 06/25/2026 10:23 PM 06/26/2026 10:59 AM 07/09/2026 9:00 AM 07/09/2026 6:57 PM City of Miami Legislation Resolution Enactment Number: R-26-0304 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 19414 Final Action Date:7/9/2026 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 AS EXHIBIT "A," FOR FISCAL YEARS ("FY") 2025-2028, TO MODIFY THE SINGLE- FAMILY EMERGENCY PROGRAM, AND SINGLE-FAMILY REHABILITATION PROGRAM, RESPECTIVELY; FURTHER AUTHORIZING THE CITY MANAGER TO SUBMIT THE AMENDMENT 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 DOCUMENTS INCLUDING AMENDMENTS, RENEWALS, EXTENSIONS, AND MODIFICATIONS, ALL 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 Florida Housing Finance Corporation ("FHFC") its Local Housing Assistance Plan ("LHAP") describing the local housing assistance strategies to be eligible to receive funds under the program; and WHEREAS, on July 24, 2025, pursuant to Resolution No. R-25-0290, the Miami City Commission approved the City of Miami's ("City") LHAP, for the period of July 1, 2025, through June 30, 2028; and WHEREAS, there is a need to modify the LHAP to update to the Single -Family Emergency program, and the Single -Family Rehabilitation program, to eliminate the requirement to repay the loan in the event of the death of the original borrower, to preserve affordable housing for eligible City residents; and WHEREAS, amendments to the LHAP must be approved by the City Commission and later sent to FHFC for review and final approval; and WHEREAS, the City's Administration recommends the amendment of the City's LHAP policies, attached and incorporated as Exhibit "A," for Fiscal Years ("FY") 2025-2028, to modify the Single -Family Emergency program, and the Single -Family Rehabilitation 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 as Exhibit "A," for FY 2025-2028, to modify the Single -Family Emergency program, and Single - Family Rehabilitation program, respectively, is approved. Section 3. The City Manager is authorized1 to submit the plan to the FHFC 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: ge Wy j ng III, C1ty ttor -y 6/26/2026 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.