Allocate $3,388 in CDBG program income for eligible activities

AGENDA ITEM SUMMARY FORM File ID: #17528 Date: 04/21/2025 Requesting Department: Department of Housing and Community Development Commission Meeting Date: 06/17/2025 Sponsored By: District Impacted: All Type: Resolution Subject: Allocate - CDBG Program Income Funds - Jan - March 2025 Purpose of Item: AUTHORIZING THE ALLOCATION OF PROGRAM INCOME FROM COMMUNITY DEVELOPMENT BLOCK GRANT (“CDBG”) FUNDS GENERATED FROM JANUARY 1, 2025 TO MARCH 31, 2025, IN THE AMOUNT OF $3,387.80 FOR ELIGIBLE ACTIVITIES, AS SPECIFIED IN EXHIBIT “A,” ATTACHED AND INCORPORATED; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, INCLUDING AMENDMENTS, RENEWALS, EXTENSIONS, AND MODIFICATIONS, AS MAY BE NECESSARY, SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS, FOR SAID PURPOSE. Background of Item: The Department of Housing and Community Development (“Department”) receives diverse types of repayments from loans provided to developers and homeowners (“Program Income”) that are required to be used for eligible program activities. From January 1, 2025, to March 31, 2025, the Department collected an amount of $3,387.80 in Community Development Block Grant (“CDBG”) Program Income. Pursuant to CDBG regulations 24 CFR Part 570.504, Program Income amount must be used for eligible CDBG activities. The Department recommends allocating the Program Income funds generated from January 1, 2025, to March 31, 2025, in the total amount of $3,387.80 to the activities specified in Exhibit “A” attached and incorporated, which are eligible CDBG activities. Budget Impact Analysis Item is an Expenditure Item is NOT Related to Revenue Item is NOT funded by Bonds Total Fiscal Impact: Total Fiscal Impact: $3,387.80 Reviewed By Department of Housing and Community Development Victor Turner Department Head Review Completed 04/21/2025 4:23 PM Office of Management and Budget Luis Hernandez-Torres Budget Analyst Review Completed 04/22/2025 6:44 AM Office of Management and Budget Marie Gouin Budget Review Completed 04/22/2025 11:48 AM City Manager’s Office Larry M. Spring Assistant City Manager Review Completed 04/22/2025 12:07 PM City Manager’s Office Natasha Colebrook-Williams Deputy City Manager Review Completed 04/22/2025 2:10 PM City Manager’s Office Arthur Noriega V City Manager Review Completed 04/23/2025 10:25 AM Legislative Division Valentin J Alvarez Legislative Division Review Completed 04/23/2025 12:49 PM Office of the City Attorney Raymond Pereira ACA Review Completed 05/08/2025 3:10 PM Office of the City Attorney George K. Wysong III Approved Form and Correctness Completed 05/13/2025 3:42 PM City Commission Todd B. Hannon Meeting Completed 05/22/2025 9:00 AM City Commission Nicole Ewan Meeting Completed 06/12/2025 9:00 AM City Commission Todd B. Hannon Meeting Pending 06/17/2025 9:00 AM City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com City of Miami Legislation Resolution File Number: 17528 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ALLOCATING PROGRAM INCOME FROM COMMUNITY DEVELOPMENT BLOCK GRANT (“CDBG”) FUNDS GENERATED FROM JANUARY 1, 2025, TO MARCH 31, 2025, IN THE AMOUNT OF $3,387.80 FOR ELIGIBLE ACTIVITIES, AS SPECIFIED IN EXHIBIT “A,” ATTACHED AND INCORPORATED; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, INCLUDING AMENDMENTS, RENEWALS, EXTENSIONS, AND MODIFICATIONS, AS MAY BE NECESSARY, SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS, FOR SAID PURPOSE. WHEREAS, the Department of Housing and Community Development (“HCD”) receives diverse types of repayments from loans provided to developers and homeowners (“Program Income”) that are required to be used for eligible program activities; and WHEREAS, from January 1, 2025, to March 31, 2025, HCD collected an amount of $3,387.80 in Community Development Block Grant (“CDBG”) Program Income; and WHEREAS, pursuant to CDBG regulations 24 CFR Part 570.504, Program Income must be used for eligible CDBG activities; and WHEREAS, HCD recommends allocating the Program Income funds generated from January 1, 2025 to March 31, 2025, in the total amount of $3,387.80 to the activities specified in Exhibit “A” attached and incorporated, which are eligible CDBG activities;

NOW, THEREFORE,

BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The allocation of the Program Income funds generated from January 1, 2025, to March 31, 2025, in the total amount of $3,387.80 to the eligible activities specified in Exhibit “A,” attached and incorporated, is authorized.1 Section 3. The City Manager is authorized¹ to negotiate and execute any and all necessary documents, all in a form acceptable to the City Attorney. Section 4. This Resolution shall become effective immediately upon its adoption. 1 The herein authorization is further subject to compliance with all legal requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and City Code provisions. APPROVED AS TO FORM AND CORRECTNESS: