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Resolution: R-07-0225
File Number: 07-00518
Final Action bate: 4/12/2007
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE TRANSFER OF FUNDS, IN THE AMOUNT OF $2,000,000,
FROM THE EMPLOYEES' WORKFORCE HOUSING DOWNPAYMENT
ASSISTANCE PROGRAM; ALLOCATING SAID FUNDS, TO THE CITY OF MIAMI
DEPARTMENT OF COMMUNITY DEVELOPMENT AFFORDABLE HOUSING TRUST
RESERVE ACCOUNT, FOR THE DEVELOPMENT OF FUTURE AFFORDABLE
HOUSING.
WHEREAS, the Administration is recommending the transfer of funds, in the amount of
$2,000,000, from the Employees' Workforce Housing Downpayment Assistance Program to the
Department of Community Development Affordable Housing Trust Reserve Account, for the
development of future affordable housing;
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 funds, in the amount of $2,000,000, from the Employees' Workforce
Housing Downpayment Assistance Program and the allocation of said funds to the City of Miami
Department of Community Development Affordable Housing Trust Reserve Account, for the future
development of affordable housing, is authorized.
Section 3. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor. {2}
Footnotes:
{1} 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 I of I Idle Irl: 07-00518 (Version: 1) Printed On: 6/2/2016
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Resolution: R-06-0213
File Number: 06-•00413
Final Action Date: 4/6/2006
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ESTABLISHING THE EMPLOYEES' WORKFORCE HOUSING DOWNPAYMENT
ASSISTANCE PROGRAM FOR THE CITY OF MIAMI EMPLOYEES, WITH THE
POLICIES AND PROCEDURES AS DESCRIBED IN "ATTACHMENT A,"
ATTACHED AND INCORPORATED; AUTHORIZING THE TRANSFER OF FUNDS,
IN THE AMOUNT OF $2,500,000, FROM THE CITY OF MIAMI AFFORDABLE
HOUSING TRUST FUND; ALLOCATING SAID FUNDS TO THE CITY OF MIAMI
DEPARTMENT OF COMMUNITY DEVELOPMENT.
WHEREAS, the City of Miami ("City") Employees Workforce Housing Downpayment Assistance
Program ("Program") will provide employees relocating their primary residence to the City with a loan
for downpayment assistance; and
WHEREAS, the Program's goal is to provide City employees with an incentive/assistance that will
allow said employees to reside in the community that he/she works for, thereby improving the quality
of life for both the employee and neighboring residents; and
WHEREAS, the policies and procedures for the Program are as described in "Attachment 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 Employees' Workforce Housing Downpayment Assistance Program for City
employees, is established, and the policies and procedures for the Program are described in
"Attachment A," attached and incorporated,
Section 3. The transfer of funds, in the amount of $2,500,000, from the City Affordable Housing
Trust f=und and the allocation of said funds to the City Department of Community Development, is
authorized.
Section 4. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor. (1}
City ofAllaini Page I oft Printed On: 5I5/1006
File Number;• 06-00413 Enactment Number: R-06-0213
Footnotes:
TNESS; V
(1) 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.
CIO) of Mani! Pae e 2 of 2 Primed Ont 5/5/3006