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HomeMy WebLinkAboutR-18-0073City of Miami Legislation Resolution: R-18-0073 File Number: 3652 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 2/22/2018 A RESOLUTION OF THE MIAMI CITY COMMISSION DIRECTING THE CITY ADMINISTRATION, IN CONSULTATION WITH THE HOUSING AND COMMERCIAL LOAN COMMITTEE AND THE OVERSIGHT BOARD THAT WILL BE CREATED IN THE FUTURE TO OVERSEE THE MIAMI FOREVER BOND, TO REVIEW RADICAL PARTNERS, LLC'S "100 GREAT IDEAS" HOUSING AFFORDABILITY REPORT AND SUBMIT ITS FINDINGS AND ANY POLICY PROPOSALS CONTAINED IN THE REPORT THAT CAN BE PRACTICALLY IMPLEMENTED IN THE CITY OF MIAMI TO THE CITY COMMISSION. SPONSOR(S): Vice Chair Ken Russell WHEREAS, the Miami City Commission is concerned about the affordable housing crisis that is impacting the City of Miami ("City"); and WHEREAS, Radical Partners, LLC, a Florida Limited Liability Company ("Radical Partners"), is a social -impact accelerator whose mission is to grow social -impact ventures and their leaders; and WHEREAS, the "100 Great Ideas" campaign is an online community brainstorm, facilitated through Radical Partners' "100 Great Ideas" Facebook Group, in which the community comes together to generate ideas, dialogue, and to learn about a pressing community issue; and WHEREAS, on November 13, 2017, Radical Partners launched the "100 Great Ideas" campaign focused on housing affordability in South Florida in order to brainstorm potential solutions; and WHEREAS, over the course of the five-day campaign, the "100 Great Ideas" Facebook Group generated over 300 ideas and 1,527 comments from participants; and WHEREAS, the campaign ended on November 17, 2017 and a report memorializing the feedback generated from the campaign is being formalized; and WHEREAS, the final report will contain strategies and policy solutions that could be implemented by the public and private sectors, including the City; and WHEREAS, the City desires to adopt feasible policy recommendations and strategies to preserve existing affordable housing and to create new 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. City of Miami Page 1 of 2 File ID: 3652 (Revision:) Printed On: 5/22/2018 File ID: 3652 Enactment Number: R-18-0073 Section 2. The City Administration, in consultation with the Housing and Commercial Loan Committee and the future oversight board that will be created to oversee the Miami Forever Bond, is directed to review Radical Partners' "100 Great Ideas" housing affordability report and submit its findings and any policy proposals contained in the report that can be practicably implemented in the City to the City Commission. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.' APPROVED AS TO FORM AND CORRECTNESS: 1 "ia dez, City Attor ley 2/9/2018 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 2 of 2 File ID: 3652 (Revision:) Printed on: 5/22/2018