HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #19403
Date: 06/02/2026
Commission Meeting Date: 07/09/2026
Requesting Department: Department of
Housing and Community Development
Sponsored By:
District Impacted: All
Type: Resolution
Subject: Allocate - HOME Funds FY'2026-2027
Purpose of Item:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ALLOCATING HOME INVESTMENT PARTNERSHIP PROGRAM ("HOME") FUNDS,
IN THE AMOUNT OF $2,791,447.23 FOR HOUSING PROGRAMS FOR FISCAL YEAR
2026-2027, PLUS A PROJECTED PROGRAM INCOME ("PI") IN THE AMOUNT OF
$500,00.00, AND AN ADDITIONAL AMOUNT OF $6,000,000.00 FROM PRIOR YEAR
UNALLOCATED FUNDS, FOR A TOTAL AMOUNT OF $9,291,447.23, AS MORE
PARTICULARLY SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED,
FOR THE PROVISION OF DECENT AND SAFE AFFORDABLE HOUSING TO LOW-
INCOME HOUSEHOLDS; FURTHER AUTHORIZING THE CITY MANAGER TO
NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS,
INCLUDING AMENDMENTS, EXTENSIONS, AND MODIFICATIONS, ALL IN FORMS
ACCEPTABLE TO THE CITY ATTORNEY, SUBJECT TO ALL FEDERAL, STATE,
AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS, FOR SAID
PURPOSE.
Background of Item:
On April 3, 2026, the United States Department of Housing and Urban Development
("HUD") announced the final Community Planning and Development Program Formula
Allocations for Fiscal Year 2026-2027, thereby announcing the amount of
$2,791,447.23 of Home Investment Partnership Program ("HOME") funds.
The City's Administration recommends the allocation of HOME funds in the amount of
$2,791,447.23 plus a projected program income in the amount of $500,000.00 and, an
additional amount of $6,000,000.00 from prior year unallocated funds for a total amount
of $9,291,447.23 for Fiscal Year 2026-2027, as more particularly specified in Exhibit
"A," attached and incorporated, for the provision of affordable housing to low-income
households.
Budget Impact Analysis
Item is NOT funded by Bonds
Item is NOT Related to Revenue
Item is an Expenditure
Total Fiscal Impact:
Total Fiscal Impact: $9,291,447.23
General Account No: 14002.910101.431000.0000.00000-HOME
Reviewed B
Department of Housing and Community Development
Review Completed 06/02/2026 9:21 AM
Office of Management and Budget
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
City Commission
Legislative Division
Office of the Mayor
Office of the City Clerk
Office of the City Attorney
Office of the City Attorney
Office of the City Attorney
Office of the City Clerk
Luis Hernandez -Torres
Marie Gouin
Erica T. Paschal
Natasha Colebrook -Williams
Valentin J Alvarez
Raymond Pereira
Xavier Alban
Maricarmen Lopez
Marta Gomez
Mayor's Office
City Clerk's Office
Raymond Pereira
Xavier Alban
George K. Wysong III
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
Meeting
Legislative Division Review
Completed
Completed
Completed
Completed
Signed by the Mayor Completed
Signed and Attested by the City Clerk Completed
ACA Review Completed
Deputy Attorney Review Completed
Approved Form and Correctness with Modification(s)
Rendered Completed
06/03/2026 10:51 AM
06/10/2026 2:46 PM
06/10/2026 3:07 PM
Completed
06/16/2026 10:41 AM
06/25/2026 2:26 PM
06/25/2026 9:13 PM
07/09/2026 9:00 AM
07/10/2026 5:40 PM
07/17/2026 4:16 PM
07/17/2026 4:21 PM
07/20/2026 5:29 PM
07/27/2026 2:24 PM
Completed
07/30/2026 10:17 AM
City of Miami
Legislation
Resolution
Enactment Number: R-26-0303
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 19403 Final Action Date:7/9/2026
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ALLOCATING HOME INVESTMENT PARTNERSHIP PROGRAM ("HOME") FUNDS,
IN THE AMOUNT OF TWO MILLION, SEVEN HUNDRED NINETY-ONE THOUSAND,
FOUR HUNDRED FORTY-SEVEN AND 23/100 DOLLARS ($2,791,447.23) FOR
HOUSING PROGRAMS FOR FISCAL YEAR 2026-2027, PROJECTED HOME
PROGRAM INCOME IN THE AMOUNT OF FIVE HUNDRED THOUSAND AND 00/100
DOLLARS ($500,000.00), AND AN ADDITIONAL AMOUNT OF SIX MILLION AND
00/100 DOLLARS ($6,000,000.00) FROM PRIOR YEARS UNALLOCATED HOME
FUNDS, FOR A TOTAL AMOUNT OF NINE MILLION, TWO HUNDRED NINETY-ONE
THOUSAND, FOUR HUNDRED FORTY-SEVEN AND 23/100 DOLLARS
($9,291,447.23), AS MORE PARTICULARLY SPECIFIED IN EXHIBIT "A," ATTACHED
AND INCORPORATED, FOR THE PROVISION OF DECENT AND SAFE
AFFORDABLE HOUSING TO LOW-INCOME HOUSEHOLDS, BEGINNING OCTOBER
1, 2026; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND
EXECUTE ANY AND ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS,
EXTENSIONS, AND MODIFICATIONS, ALL IN FORMS ACCEPTABLE TO THE CITY
ATTORNEY, SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT
REGULATE THE USE OF SUCH FUNDS, FOR SAID PURPOSE.
WHEREAS, on April 3, 2026, the United States Department of Housing and Urban
Development ("HUD") announced the final Community Planning and Development Program
Formula Allocations for Fiscal Year ("FY") 2026-2027, thereby announcing the amount of Two
Million, Seven Hundred Ninety -One Thousand, Four Hundred Forty -Seven and 23/100 Dollars
($2,791,447.23) of Home Investment Partnership Program ("HOME") funds; and
WHEREAS, pursuant to Resolution No. R-26-0294, adopted July 9, 2026, the Miami City
Commission accepted grant funds from HUD in the total amount of Twenty -Two Million, Nine
Hundred Forty -One Thousand, Six Hundred Ninety -One and 23/100 Dollars ($22,941,691.23)
which included an amount of Two Million, Seven Hundred Ninety -One Thousand, Four Hundred
Forty -Seven and 23/100 Dollars ($2,791,447.23) for the HOME program; and
WHEREAS, the City of Miami's ("City") Administration recommends the allocation of
HOME funds in the amount of Two Million, Seven Hundred Ninety -One Thousand, Four
Hundred Forty -Seven and 23/100 Dollars ($2,791,447.23), the projected HOME program
income in the amount of Five Hundred Thousand and 00/100 ($500,000.00), and an additional
amount of Six Million and 00/100 Dollars ($6,000,000.00) from prior years unallocated HOME
funds, for a total amount of Nine Million, Two Hundred Ninety -One Thousand, Four Hundred
Forty -Seven and 23/100 Dollars ($9,291,447.23) for FY 2026-2027, as more particularly
specified in Exhibit "A," attached and incorporated, for the provision of affordable housing to
low-income households, beginning October 1, 2026;
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 allocation of HOME funds in the amount of Two Million, Seven Hundred
Ninety -One Thousand, Four Hundred Forty -Seven and 23/100 Dollars ($2,791,447.23), the
projected HOME program income in the amount of Five Hundred Thousand and 00/100
($500,000.00), and an additional amount of Six Million and 00/100 Dollars ($6,000,000.00) from
prior years unallocated HOME funds, for a total amount of Nine Million, Two Hundred Ninety -
One Thousand, Four Hundred Forty -Seven and 23/100 Dollars ($9,291,447.23) for FY 2026-
2027, as more particularly specified in Exhibit "A," attached and incorporated, for the provision
of affordable housing to low-income, beginning October 1, 2026, 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 forms
acceptable to the City Attorney, for said purpose.
Section 4. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
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.
2 If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days
from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective
immediately upon override of the veto by the City Commission.