Allocate $406,328 to Senior Rental Assistance Program from historic preservation fees

AGENDA ITEM SUMMARY FORM File ID: #17437 Date: 04/02/2025 Requesting Department: Department of Housing and Community Development Commission Meeting Date: 05/08/2025 Sponsored By: District Impacted: All Type: Resolution Subject: Allocate Additional Funds - SRAP Purpose of Item: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT, ALLOCATING ADDITIONAL FUNDS IN THE AMOUNT OF $406,328.41 FROM THE HISTORIC PRESERVATION SCHEDULE OF FEES, FROM FISCAL YEAR 2023-2024 TO THE SENIOR RENTAL ASSISTANCE PROGRAM BASED ON UPDATED ANTI- POVERTY INITIATIVE PERCENTAGES FOLLOWING THE 2020 CENSUS AND REDISTRICTING, AS SPECIFIED IN EXHIBIT “A” ATTACHED AND INCORPORATED, AND ESTABLISHING THAT FUTURE ALLOCATIONS WILL FOLLOW THESE UPDATED ANTI-POVERTY INITIATIVE PERCENTAGES UNLESS OTHERWISE MODIFIED; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS, RENEWALS, EXTENSIONS, AND MODIFICATION, ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY FOR SAID PURPOSE. Background of Item: Pursuant to Resolution No.19-0516, adopted on December 12, 2019, the City Commission approved the creation of the permanent Senior Rental Assistance Program ("Program"), funded annually through revenue from the Historic Preservation Schedule of Fees. The Program was established to alleviate the burden caused by dramatic rent increases for those senior residents who are living on a fixed income. Pursuant to Resolution No. R-23-0459, adopted on October 12, 2023, the City Commission approved an amendment to the established Program, which included the allocation of ten percent (10%) of the program funds to be used for the administration of the Program. A total amount of $406,328.41 from Fiscal Year 2023-2024 has been generated and budgeted into the Historic Preservation Schedule of Fees for the Program. The City’s Administration recommends the allocation of additional funds in the amount of $406,328.41 from FY 2023-2024 to the Senior Rental Assistance Program, based on updated anti-poverty initiative (“API”) percentages following the 2020 census and redistricting, as specified in Exhibit “A” attached and incorporated, and establishing that future allocations will use the updated “API” funding percentages unless changed. Budget Impact Analysis Item is Related to Revenue Item has NOT an Expenditure Item is NOT funded by Bonds Total Fiscal Impact: Total Fiscal Impact: $406,328.41 Reviewed By Department of Housing and Community Development Victor Turner Department Head Review Completed 04/02/2025 4:59 PM Office of Management and Budget Luis Hernandez-Torres Budget Analyst Review Completed 04/04/2025 2:01 PM Office of Management and Budget Marie Gouin Budget Review Completed 04/04/2025 3:01 PM City Manager’s Office Larry M. Spring Assistant City Manager Review Completed 04/15/2025 9:36 AM City Manager’s Office Natasha Colebrook-Williams Deputy City Manager Review Completed 04/15/2025 10:46 AM City Manager’s Office Arthur Noriega V City Manager Review Completed 04/15/2025 6:16 PM Legislative Division Valentin J Alvarez Legislative Division Review Completed 04/17/2025 8:54 AM Office of the City Attorney Raymond Pereira ACA Review Completed 04/28/2025 5:58 PM Office of the City Attorney George K. Wysong III Approved Form and Correctness Completed 04/29/2025 10:27 AM City Commission Todd B. Hannon Meeting Pending 05/08/2025 9:00 AM City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com City of Miami Legislation Resolution File Number: 17437 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ALLOCATING ADDITIONAL FUNDING IN THE AMOUNT OF $406,328.41 FROM THE HISTORIC PRESERVATION SCHEDULE OF FEES, FROM FISCAL YEAR 2023-2024 TO THE SENIOR RENTAL ASSISTANCE PROGRAM (“PROGRAM”) BASED ON THE UPDATED ANTI-POVERTY INITIATIVE ("API") PERCENTAGES, AS SPECIFIED IN EXHIBIT “A,” ATTACHED AND INCORPORATED, AND ESTABLISHING THAT FUTURE ALLOCATIONS WILL FOLLOW THESE UPDATED API PERCENTAGES UNLESS OTHERWISE MODIFIED; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS, RENEWALS, EXTENSIONS, AND MODIFICATION, ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY FOR SAID PURPOSE. WHEREAS, pursuant to Resolution No. R-19-0516, adopted on December 12, 2019, the City Commission approved the creation of the permanent Senior Rental Assistance Program ("Program"), funded annually through revenue from the Historic Preservation Schedule of Fees; and WHEREAS, the Program was established to alleviate the burden caused by dramatic rent increases for those senior residents who are living on a fixed income; and WHEREAS, pursuant to Resolution No. R-23-0459, adopted on October 12, 2023, the City Commission approved an amendment to the established Program, which authorized the allocation of ten percent (10%) of the program funds to be used for the administration of the Program; and WHEREAS, a total amount of $406,328.41 from Fiscal Year (“FY”) 2023-2024 has been generated and budgeted into the Historic Preservation Schedule of Fees for the Program; and WHEREAS, the City’s Administration recommends the allocation of additional funds in the amount of $406,328.41 from FY 2023-2024 to the Senior Rental Assistance Program, based on the updated Anti-Poverty Initiative (“API”) percentages, as specified in Exhibit “A,” attached and incorporated, and establishing that future allocations will use the updated API funding percentages unless modified;

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 additional funds in the amount of $406,328.41 to the Senior Rental Assistance Program from FY 2023-2024, based on the updated API percentages, as specified in Exhibit “A” attached and incorporated, and establishing that future allocations will use the updated API funding percentages unless modified, is authorized¹ Section 3. The City Manager is authorized1 to execute any and all necessary documents, in a form acceptable to the City Attorney, for said purpose. Section 4. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: 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.