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LTC 443-2019 Addition of Biscayne Beach House to City's Affordable Housing Portfolio 443-2019 MIAMI BEACH OFFICE OF THE CITY MANAGER NO. LTC # LETT:' TO COMMISSION TO: Mayor Dan Gelber and Members of e City Co ission _ FROM: Jimmy L. Morales, City Manager DATE: August 8, 2019 SUBJECT: Addition of Biscayne Beach House to ity's Affordable Housing Portfolio We are pleased to announce the acquisition of Biscayne Beach House, a multi-family property acquired by the City on July 24, 2019 that expands the City's affordable housing portfolio to 89 units. The two-story, 4,883-square foot building is located at 795 81st Street. 11111.1111"."111111±11r 411 04 COD 4 WW1 The unit composition of the building accommodates families in need of affordable housing, a critical need in our City: Unit Composition Projected Quantity Rent 2 3-bedroom/1-bathroom $1,207 2 2-bedroom/1-bathroom $1,045 1 1-bedroom/1-bathroom $867 The Office of Housing and Community Services has begun the process of determining tenant eligibility for the City's affordable housing program. The City is required to follow the Uniform Relocation Assistance and Real Property Acquisition Policies Act(URA) which provides important protections and assistance for people affected by the acquisition, rehabilitation or demolition of real property for federally-funded projects. In compliance with the URA, the City will provide: 1. Relocation advisory services: assistance with completing forms, explain relocation rights, locate comparable replacement dwelling units, and provide guidance throughout the relocation process; 2. Written notice at least 90 days before the date tenant must move; 3. Payment for moving expenses; and 4. Replacement housing assistance, rental payment or down-payment assistance to acquire a comparable replacement home. Please note that all households must meet additional eligibility requirements for moving expenses and/or replacement housing assistance in compliance with federal law. JLM/SMT/MLR/AT