RESOLUTION 91-20379 RESOLUTION NUMBER 91-20379
A RESOLUTION OF THE CITY COMMISSION OF THE
CITY OF MIAMI BEACH, FLORIDA, PROVIDING FOR
CITY PARTICIPATION IN THE ELDERLY HOMEOWNER
REHABILITATION PROGRAM, AUTHORIZING THE CITY
MANAGER TO FILE AN APPLICATION FOR FINANCAL
ASSISTANCE WITH THE STATE OF FLORIDA
DEPARTMENT OF COMMUNITY AFFAIRS, AND PROVIDING
FOR THE ESTABLISHMENT OF A TRUST FUND FOR
DEPOSIT OF DEFERRED LOAN REPAYMENTS.
WHEREAS, the City Commission approved a Multi-Family
Rehabilitation Program as evidenced by Resolution No. 89-19845,
passed and adopted the 20th day of December, 1989 ; and
WHEREAS, the City Commission approved a Single-Family
Rehabilitation Program as evidenced by Resolution No. 91-20272 ,
passed and adopted the 10th day of April, 1991; and
WHEREAS, the City of Miami Beach is presently implementing
these programs for the purpose of preserving the existing housing
stock and, in the case of the Single-Family Rehabilitation Program,
to allow lower income families and elderly to continue living in
their homes; and
WHEREAS, the Florida Department of Community Affairs has
announced a funding cycle for an Elderly Homeowner Rehabilitation
Program, whereby $1 million in grants will be awarded to three
Florida cities for the purpose of helping lower income senior
citizens make repairs to their homes; and
WHEREAS, a grant of $500, 000 will be available to cities of
over 50, 000 population, to be utilized exclusively for providing
loans to low income and very low income elderly citizens to pay for
home repairs; and
WHEREAS, the deadline for cities to make application for this
grant is November 1, 1991; and
WHEREAS, participating cities are required to establish a
local housing trust fund for deposit of deferred repayments from
loan recipients, with the proceeds of the trust funds utilized
solely for additional deferred loan programs for housing
rehabilitation assistance to elderly homeowners.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF MIAMI BEACH, FLORIDA:
1. That the City of Miami Beach wishes to participate in the
Elderly Homeowner Rehabilitation Program.
2 . That the City Manager of the City of Miami Beach is hereby
authorized to file an application for financial assistance to
expand the on-going program to allow for elderly homeowners to
rehabilitate their homes and to carry out the program as an
authorized representative of the City of Miami Beach.
RESOLUTION NO. 91-20379
Page Two
3 . That the City Manager is hereby authorized to provide any
assurances and/or certifications as required by the Florida
Department of Community Affairs regarding the Elderly Homeowner
Rehabilitation Program.
4 . That a minimum of 70% of the proposed recipients participating
in the Elderly Homeowner Rehabilitation Program are of very low
income (not exceeding 50% of median) , the balance are of low income
(not exceeding 80% of median income) .
5. That all single-family homes are owned and occupied by eligible
recipients.
6. That the City certifies that a local housing trust fund will be
established and the City will deposit any deferred loan proceeds
into the trust fund to be utilized solely for additional deferred
loan programs for housing rehabilitation assistance to elderly
homeowners.
PASSED AND ADOPTED THIS 23rd DAY OF October , 1991
VICE-MAYOR
ATTEST:
CITY CLERK
FORM APPROVED
LEGAL DEPT.
By 640444, S easteutkie
Date /D�' 2. q/
ORIGINAL
RESOLUTION NO. 91-20379
Providing for City Participation in the
elderly homeowner rehabilitation program,
authorizing the City Manager to file an
application for financal assistance with
the State of Florida Department of
Community Affairs, and providing for the
establishment of a trust fund for deposit
of deferred loan repayments.