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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM x File ID: #5561 Date: 03/07/2019 Requesting Department: Department of Housing and Community Development Commission Meeting Date: 04/11/2019 Sponsored By: District Impacted: All Type: Resolution Subject: Approve - City of Miami Local Housing Assistance Plan Purpose of Item: APPROVING THE CITY OF MIAMI ("CITY") LOCAL HOUSING ASSISTANCE PLAN ("LHAP"), ATTACHED AND INCORPORATED, FOR THE PERIOD OF JULY 1, 2019, THROUGH JUNE 30, 2022, FOR THE CONTINUED PARTICIPATION OF THE CITY IN THE FLORIDA STATE HOUSING INITIATIVES PARTNERSHIP ("SHIP") PROGRAM; AUTHORIZING THE CITY MANAGER TO SUBMIT THE PLAN FOR REVIEW AND APPROVAL BY THE FLORIDA HOUSING FINANCE CORPORATION; AND FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, TO IMPLEMENT THE TERMS AND CONDITIONS OF THE LHAP AND THE SHIP PROGRAM. 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. The City's current LHAP will expire on June 30, 2019 and a new one is required for the continued participation in the SHIP program. The Administration is recommending approving the City of Miami LHAP, attached and incorporated, for the period of July 1, 2019 through June 30, 2022. Budget Impact Analysis Item is NOT Related to Revenue Item has NO budget impact Item is NOT funded by Bonds Total Fiscal Impact: N/A Reviewed By Department of Community and Economic Development Review Completed 03/22/2019 2:37 PM Office of Management and Budget Luis Hernandez -Torres Office of Management and Budget Christopher M Rose City Manager's Office Sandra Bridgeman City Manager's Office Nikolas Pascual Legislative Division Valentin J Alvarez Office of the City Attorney Richard Appleton Office of the City Attorney Barnaby L. Min Office of the City Attorney Victoria Mendez City Commission Nicole Ewan Office of the Mayor Mayor's Office Office of the City Clerk City Clerk's Office Office of the City Clerk City Clerk's Office George Mensah Department Head Budget Analyst Review Completed Budget Review Completed Assistant City Manager Review Completed City Manager Review Completed Legislative Division Review Completed ACA Review Completed Deputy City Attorney Review Completed Approved Form and Correctness Completed Meeting Completed Signed by the Mayor Completed Signed and Attested by the City Clerk Completed Rendered Completed 03/25/2019 7:36 AM 03/26/2019 4:33 AM 03/26/2019 9:22 AM 03/26/2019 10:45 AM 03/26/2019 2:45 PM 03/26/2019 7:23 PM 03/27/2019 8:30 AM 03/28/2019 6:03 PM 04/11/2019 9:00 AM 04/22/2019 3:43 PM 04/22/2019 3:55 PM 04/22/2019 3:55 PM 01 1 City of Miami City Hall q 3500 Pan American Drive Legislation Miami, FL 33133 www.miamigov.com Resolution Enactment Number: R-19-0140 File Number: 5561 Final Action Date:4/11/2019 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING THE CITY OF MIAMI'S ("CITY") LOCAL HOUSING ASSISTANCE PLAN ("LHAP"), ATTACHED AND INCORPORATED AS EXHIBIT "A," FOR THE PERIOD OF JULY 1, 2019 THROUGH JUNE 30, 2022, FOR THE CONTINUED PARTICIPATION OF THE CITY IN THE FLORIDA STATE HOUSING INITIATIVES PARTNERSHIP ("SHIP") PROGRAM; AUTHORIZING THE CITY MANAGER TO SUBMIT THE LHAP FOR REVIEW AND APPROVAL BY THE FLORIDA HOUSING FINANCE CORPORATION; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, TO IMPLEMENT THE TERMS AND CONDITIONS OF THE LHAP AND THE SHIP PROGRAM. 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)(x), Florida Statutes, a county or eligible municipality must submit to the Florida Housing Finance Corporation (THFC") its Local Housing Assistance Plan ("LHAP"), describing the local housing assistance strategies to be eligible to receive funds under the program; and WHEREAS, the City of Miami's ("City") current LHAP will expire on June 30, 2019, and a new LHAP is required for the continued participation in the SHIP program; and WHEREAS, the City's Administration recommends approving the City's LHAP, attached and incorporated as Exhibit "A," for the period of July 1, 2019 through June 30, 2022; 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 City's LHAP, attached and incorporated as Exhibit "A," for the period of July 1, 2019 through June 30, 2022, for the continued participation of the City in the SHIP Program is approved. Section 3. The City Manager is authorized' to submit the LHAP to the FHFC for review and approval and to negotiate and execute any and all necessary documents, all in a form acceptable to the City Attorney, to implement the terms and conditions of the LHAP and the SHIP program. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.2 APPROVED AS TO FORM AND CORRECTNESS: 1 Una ndez, City At#or ey 3/2812019 ' The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, 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.