Resolution 2022-32151 RESOLUTION NO.' 2022-32151
A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE
CITY OF MIAMI BEACH, FLORIDA, DIRECTING THE CITY
ADMINISTRATION TO ANNUALLY PUBLISH ON THE CITY'S OFFICIAL
WEBSITE THE FAIR MARKET RENT PRICES DETERMINED BY THE
UNITED STATES DEPARTMENT OF HOUSING AND URBAN
DEVELOPMENT FOR ZIP CODE AREAS 33139, 33140, AND 33141 AS
A TOOL FOR RESIDENTS TO DETERMINE WHAT WOULD BE THE
FAIR MARKET PRICE TO PAY FOR A RENTAL UNIT.
WHEREAS, during the coronavirus-2019 (COVID-19) pandemic, there has been
an influx of people moving to Florida from states with higher wages and cost of living
which has caused an upsurge in rental rates in Florida; and
WHEREAS, according to the website Zillow, the average rent in the tri-county area
of Miami-Dade, Broward and West Palm Beach, as of December 2021, was $2,564.00;
and
WHEREAS, many tenants who were previously able to find and secure a
residential property within the City have been surprised by landlords suddenly seeking to
increase (and sometimes very substantially increase) the tenant's monthly rental
payment, or seeking to amend other material terms of the lease agreement; and
WHEREAS, such notice has all too often been provided by landlords, to their
tenants, at the last possible moment, which has forced many tenants into precarious
positions and being forced to move; and
WHEREAS, on February 9, 2022, the Mayor and City Commission adopted
Ordinance 2022-4470, sponsored by Commissioner Alex J. Fernandez, establishing a
sixty (60) day notice period, with which all residential landlords must comply, prior to
increasing the rental rate of certain tenants beyond a specified percent; and
WHEREAS, following the City's lead, on March 15, 2022, the Miami-Dade Board
of County Commissioners adopted a similar ordinance requiring a sixty (60) day notice
period prior to increase the rental rate beyond five (5) percent; and ,
WHEREAS, Fair Market Rent ("FMR") is a statistic developed by the U.S.
Department of Housing and Urban Development ("HUD") in order to determine
payments for various housing assistance programs; and
WHEREAS, FMR is generally calculated as the 40th percentile of gross rents for
regular, standard quality units in a local housing market, differs by local area, and is
updated on an annual basis; and
WHEREAS, the City Administration should publish the annual FMR prices
available for zip code areas within the City on the City's official website so that residents
who are not real estate professionals may be able to determine what would be the fair
market price to pay for a rental unit.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND THE CITY
COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA that the Mayor and City
Commission hereby direct the City Administration to annually publish on the City's official
website the Fair Market Rent prices determined by the United States Department of
Housing and Urban Development for zip code areas 33139, 33140, and 33141 as a tool
for residents to determine what would be the fair market price to pay for a unit.
PASSED AND ADOPTED this q day of May, 2022.
ATTEST:
Dan Gelber
/24 MAY 1 0 202playor
yeti
Rafael Granado
City Clerk LNCORP 011
iryN 2
(sponsored by Commissioner Alex J. Fernandez)
APPROVED AS TO
FORM & LANGUAGE
& FOR EXECUTION
r:ity Attorney Date
Resolutions-C7 V
MIAMI BEACH
COMMISSION MEMORANDUM
TO: Honorable Mayor and Members of the City Commission
FROM: Rafael A. Paz, City Attorney
DATE: May 4, 2022
SUBJECT:A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY
OF MIAMI BEACH, FLORIDA, DIRECTING THE CITY ADMINISTRATION
TO ANNUALLY PUBLISH ON THE CITY'S OFFICIAL WEBSITE THE FAIR
MARKET RENT PRICES DETERMINED BY THE UNITED STATES
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FOR ZIP
CODE AREAS 33139, 33140, AND 33141 AS A TOOL FOR RESIDENTS TO
DETERMINE WHAT WOULD BE THE FAIR MARKET PRICE TO PAY FOR A
RENTAL UNIT.
ANALYSIS
Pursuant to the request of Commissioner Alex Fernandez, the above-referenced Resolution is
submitted for consideration by the Mayor and City Commission at the May 4, 2022 Commission
meeting.
s 3 •
SUPPORTING SURVEY DATA
N/A
FINANCIAL INFORMATION
N/A
Is this a"Residents Right Does this item utilize G.O.
to Know" item. pursuant to Bond Funds?
City Code Section 2-14?
No No
Legislative Tracking
Office of the City Attorney
Sponsor
Commissioner Alex Fernandez
ATTACHMENTS:
Page 472 of 1451
Description
D Resolution
Page 473 of 1451