2014-28794 Reso RESOLUTION NO. 2014-28794
A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI
BEACH, FLORIDA, ACCEPTING THE RECOMMENDATION OF THE NEIGHBORHOODS/
COMMUNITY AFFAIRS COMMITTEE AND DIRECTING THE CITY MANAGER TO PURSUE
THE DEVELOPMENT OF WORKFORCE HOUSING FOR HOUSEHOLDS EARNING FROM
ONE HUNDRED TWENTY PERCENT (120%) TO ONE HUNDRED FORTY PERCENT (140%)
PERCENT OF AREA MEDIAN INCOME; AND FURTHER AUTHORIZING THE USE OF
TARGETED MARKETING TO PRIORITIZE PLACEMENT OF THOSE HOUSEHOLDS
EMPLOYED IN EDUCATION, PUBLIC SAFETY AND MUNICIPAL OCCUPATIONS.
WHEREAS, workforce housing is defined as housing that costs no more than 30 percent
of a household's income; and
WHEREAS, the Neighborhoods/Community Affairs Committee (Committee) discussed
workforce housing at its May 30, 2014 meeting and requested additional information from the
Administration including tenant eligibility; and
WHEREAS, the Committee continued its discussion of workforce housing at its
September 24, 2014 meeting specifically addressing eligible income levels; and
WHEREAS, the City currently funds affordable housing for households earning up to 80
percent of Area Median Income (AMI) utilizing U.S. Department of Housing and Urban
Development (HUD) funds; and
WHEREAS, the Committee determined that there is insufficient affordable housing for
families earning 120% to 140% AMI and for those households employed in the education, public
safety and municipal occupations; and
WHEREAS, the City may acquire or jointly develop properties in the future that do not
have the restrictions of HUD funds; and
WHEREAS, the Committee stated that the provision of workforce housing for
households employed in the targeted professions will promote community stability and
investment.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY
COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City
Commission hereby accept the recommendation of the Neighborhoods/Community Affairs
Committee and direct the City Manager to pursue the development of workforce housing for
households earning from one hundred twenty percent (120%) to one hundred forty percent
(140%) of Area Median Income (AMI); and further authorize the use of targeted marketing to
prioritize placement of those households employed in education, public safety and municipal
occupations.
PASSED AND A day of 6)C7 0her- 2014.
ATTEST: '� • W,�
-'• -�`. APPROVED AS TO
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& FOR EXECUTION
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