PH.1 - Accept $2.2m Ship Housing Funds
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A RESOLUTION OF THE MIAMI CITY COMMISSION, AUTHORIZING THE ACCEPTANCE OF STATE HOUSING INITIATIVES PARTNERSHIP (“SHIP”) FUNDS, IN THE AMOUNT OF TWO MILLION, TWO HUNDRED ELEVEN THOUSAND, SEVEN HUNDRED EIGHTY-TWO AND 00/100 DOLLARS ($2, 211,782.00) FOR FISCAL YEAR 2026-2027, FOR THE STRATEGIES UNDER THE CURRENT SHIP LOCAL HOUSING ASSISTANCE PLAN (“LHAP”); FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, ANY AND ALL DOCUMENTS, INCLUDING AMENDMENTS, RENEWALS, EXTENSIONS, AND MODIFICATIONS, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE.
Sponsors
Department: Department of Housing and Community Development
Category: Other
WHEREAS, the Sadowski Act provided a dedicated revenue source for affordable housing, and it has created the Florida State Housing Initiative Partnership (“SHIP”) program; and
WHEREAS, pursuant to Resolution No. R-25-0290, on July 24, 2025, the Miami City Commission approved the City of Miami’s (“City”) Local Housing Assistance Program (“LHAP”) for the period of July 1, 2025, through June 30, 2028, allowing the City’s continued participation in the SHIP program; and
WHEREAS, on June 8, 2026, the City was notified by Florida Housing Finance Corporation of a distribution of SHIP funds in the total amount of Two Million, Two Hundred Eleven Thousand, Seven Hundred Eighty-Two and 00/100 Dollars ($2,211,782.00) for State Fiscal Year (“FY”) 2026-2027; and
WHEREAS, the City’s Administration recommends the acceptance of SHIP funds in the amount of Two Million, Two Hundred Eleven Thousand, Seven Hundred Eighty-Two and 00/100 Dollars ($2,122,782.00) for FY 2026-2027 for the strategies under the current SHIP LHAP;
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 acceptance of SHIP funds, in the total amount of Two Million, Two Hundred Eleven Thousand, Seven Hundred Eighty-Two and 00/100 Dollars ($2,122,782.00) for FY 2026-2027, for the strategies under the current SHIP LHAP; is authorized.
Section 3. The City Manager is authorized¹ to negotiate and execute any and all necessary documents, including amendments, renewals, extensions, and modifications, all in forms acceptable to the City Attorney, for said purpose.
Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.
Fiscal Impact
Total Fiscal Impact: $2,211,782.00