HomeMy WebLinkAboutR-26-0303City of Miami
Resolution R-26-0303
Legislation
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;
City of Miami Page 1 of 2 File ID: 19403 (Revision: A) Printed On: 7/30/2026
File ID: 19403 Enactment Number: R-26-0303
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:
rge = . Wyy ng IIG, C y ttor -y 7/27/2026
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.
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.
City of Miami Page 2 of 2 File ID: 19403 (Revision: A) Printed on: 7/30/2026