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2016-29621 Reso RESOLUTION NO. 2016-29621 A RESOLUTION OF THE MAYOR AND THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING AN AMENDMENT TO RESOLUTION NO. 2014-28877; SAID AMENDMENT AUTHORIZING THE CITY MANAGER TO REALLOCATE $171,179.00 OF FY 2013-2014 HOME INVESTMENTS PARTNERSHIP PROGRAM (HOME) FUNDS TO THE LONDON HOUSE APARTMENTS REHABILITATION PROJECT; AND APPROVING AN AMENDMENT TO THE FY 2013-2014 ACTION PLAN AND THE FY 2013 THROUGH 2017 CONSOLIDATED PLAN; AUTHORIZING THE CITY MANAGER TO SUBMIT THE REQUISITE REVISED ACTION PLANS AND CONSOLIDATED PLAN TO THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD); AND FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE INTERDEPARTMENTAL AGREEMENTS. WHEREAS, the City is an entitlement recipient of HUD formula grant programs as follows: Community Development Block Grant (CDBG) funds and HOME Investments Partnership (HOME) funds; and WHEREAS, the City expects to continue to receive entitlement funds from these grant programs to operate the City's housing and community development activities; and WHEREAS, the Consolidated Plan and the Action Plan for federal funds is a requirement under HUD's formula grant programs; and WHEREAS, CDBG and HOME funds are stipulated to be expended pursuant to the guidelines delineated in 24 CFR Part 570 and 24 CFR Part 92, among others; and WHEREAS, the City from time-to-time finds it is necessary to recapture funds and reallocate funds to other projects; and WHEREAS, Resolution No. 2014-28877 provided for the reallocation of HOME Program funds, in the amount of $171,179, from the London-House Apartments Project to be used for the acquisition of the Allen Apartments; Barclay Plaza Apartments; Lottie Apartments; Madeleine Village Apartments; and Neptune Apartments from the Miami Beach Community Development Corporation (MBCDC); and WHEREAS, the HOME funds were determined to be ineligible for use in the acquisition of the MBCDC properties, and therefore, would remain in the London House Apartments Project for its rehabilitation; and WHEREAS, the HOME Program funds reallocation to the London House Apartments Project will be incorporated into the City's FY 2013-2017 Consolidated Plan and the FY 2013- 2014 Action Plan; and WHEREAS, the City provided for a thirty (30) day public comment period, from September 30, 2016 to October 31, 2016, and a public meeting on October 18, 2016, on this proposed Substantial Amendment to the Consolidated Plan; and WHEREAS, the City Manager is the designated agent for all HUD formula grants, and executes the grant applications, grant agreements, and other applicable HUD documents on behalf of the City. 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 approve an amendment to Resolution No. 2014-28877; said amendment authorizing the City Manager to reallocate $171,179.00 of FY 2013-2014 HOME Investments Partnership Program (HOME) funds to the London House Apartments rehabilitation project; and approve an amendment to the FY 2013-2014 Action Plan and FY 2013 through 2017 Consolidated Plan; authorize the City Manager to submit the requisite revised Action Plan and Consolidated Plan to the U.S. Department of Housing and Urban Development (HUD); and further authorize the City Manager to execute interdepartmental agreements. PASSED AND ADOPTED this 9 . day of24¼7/kK , 2016. ATTEST: mi 11 . _ E CIT CL - �� •. .C ,I. MAY0 y VS / •� � ..' N APPROVED AS TO•4 z FORM & LANGUAGE ,9 � RC H & FO EXECUTION 6 (1.1.4 (0-City Attorney Apt. Date Resolutions -C7 B MIAMI BEACH COMMISSION MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: Jimmy L. Morales, City Manager DATE: November 9, 2016 SUBJECT: A RESOLUTION OF THE MAYOR AND THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING AN AMENDMENT TO RESOLUTION NO. 2014-28877; SAID AMENDMENT AUTHORIZING THE CITY MANAGER TO REALLOCATE $171,179.00 OF FY 2013-2014 HOME INVESTMENTS PARTNERSHIP PROGRAM (HOME) FUNDS TO THE LONDON HOUSE APARTMENTS REHABI LITATI ON PROJECT;AND APPROVING AN AMENDMENT TO THE FY 2013-2014 ACTION PLAN AND THE FY 2013 THROUGH 2017 CONSOLIDATED PLAN; AUTHORIZING THE CITY MANAGER TO SUBMIT THE REQUISITE REVISED ACTION PLANS AND CONSOLIDATED PLAN TO THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD); AND FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE I NTERDEPARTMENTAL AGREEMENTS. RECOMMENDATION The Administration recommends approval of the Resolution. ANALYSIS The City is a U.S. Department of Housing and Urban Development (HUD)-designated entitlement community, as determined by the decennial census information on population growth lag, age of housing stock, and poverty. The HOME Investment Partnership (HOME) Program was created in 1992 providing funding specifically for affordable housing. HUD allocates these funds to strengthen public/private partnerships and expand the supply of decent, safe, sanitary, and affordable housing for low-income families. The City has received HOME funds since the program's inception. As an entitlement community, the City receives an annual allocation of HUD funding. HUD requires entitlement jurisdictions to submit a Five-Year Consolidated Plan which establishes the strategic framework upon which the City utilizes its funds. The Consolidated Plan is augmented and refined by the City's annual submission of a One-Year Action Plan which delineates the specific projects and activities funded by each year's HUD allocation. The City has historically used HOME funds primarily for multi-family rental housing. HUD requires its entitlement jurisdictions to ensure that funded activities are carried out in the defined project scope and within the timeframe allowed. The City's Action Plan is monitored Page 125 of 906 throughout the year to ensure compliance with federal regulations and progress towards the National Objective, which stipulates that HOME-funded activities must create housing units that benefit low- and moderate-income persons who earn at or below 80% of the area median income (AMI). From time-to-time, it is necessary for the City to process a "Substantial Amendment" to the Five Year Consolidated Plan or the One Year Action Plans to allow for the funding of new activities, modification of existing activities, or other program administrative actions. The City purchased the Allen Apartments, Barclay Plaza Apartments, Lottie Apartments, Madeleine Village Apartments, and Neptune Apartments from Miami Beach Community Development Corporation (MBCDC). In an effort to provide funding to offset the acquisition closing costs, as well as address additional costs associated with the operational reserves of the properties, HOME funds were recaptured and reallocated from the London House affordable housing project via Commission Resolution No. 2014-28877. It was determined that these HOME Program funds were subsequently not needed for the acquisition of the MBCDC properties. However, the funds were needed to address rehab- related items in the London House project. Since this action requires a Substantial Amendment to the Consolidated Plan and Action Plan, a thirty (30) day public comment period (September 30, 2016 through October 31, 2016) was provided and a Public Meeting was held on October 18, 2016 to allow citizen participation. CONCLUSION The Administration recommends that the Mayor and City Commission approve an amendment to Resolution No. 2014-28877 providing for: $171,179.00 of FY 2013/2014 HOME Investment Partnerships Program (HOME) funds to remain in the London House Apartments rehabilitation project; an amendment to the FY 2013/2014 Action Plan to reflect this action; an amendment to the FY 2013 through 2017 Consolidated Plan, as appropriate; and authorizing the City Manager to submit the requisite revised Action Plan and Consolidated Plan to the U.S. Department of Housing and Urban Development(HUD). KEY INTENDED OUTCOMES SUPPORTED Ensure Workforce Housing For Key Industry Workers Is Available In Suitable Locations FINANCIAL INFORMATION NA Legislative Tracking Housing and Community Services ATTACHMENTS: Description ❑ Public Notice ❑ Resolution Page 126 of 906 Page 127 of 906 W - Z o ) c d 7 0 1 - Z O U C N :� ..`•c 7-y;_. .c 0 CO_C 43 >,L --. w CO c a)- O N N O .. N N c ° < c L C N Q) U N ro r r. y_ U w N U ° O - CO U ° E r N C N c N N o ° U ^ a '- m cz a' C 7 0, N Q) O) N c � Cx:' VA0I7 ° C ° '� O a) `) -0 c° o¢ c) CI w 'O E a O W N O C L ! o` O Y m 7 0 O ° $_0:,..,- .8 . 02-06.5.0 Z U 2 . � r 50 _ -O.O 7 a E.3 ¢ O N c N d) a) 7) O c To- 0)1D N T. w = o 0i WE c o LL aL o E - g 7 C N co-2--0 0 o 0 co E E o o a) 2 a 0 0.4* v y d - co m c g ` °-6 a = ¢ LL O a) . u ' :§ a) o E N N E a b m o 'E o o p 1... cc O Z u U O U,O . co o- c ` a) 0,� d 0. 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