City of Coral Gables

File #: 15-3782    Version: 1 Name: Interlocal Agreement/Rehabilitation of homes in MacFarlane Homestead
Type: Resolution Status: Adopted
File created: 2/24/2015 In control: City Commission
On agenda: 3/10/2015 Final action: 3/10/2015
Enactment date: 3/10/2015 Enactment #: 2015-28
Title: A Resolution authorizing the execution of an interlocal and grant agreement with Miami-Dade County in order for the City to receive funding from the Building Better Communities General Obligation Bond Program (BBC GOB), to rehabilitate homes within the MacFarlane Homestead Subdivision Historic District, as affordable housing for low and moderate income households.
Attachments: 1. Signed Resolution 2015-28.pdf, 2. MacFarlaneGOBInterlocalAgreementDraftReso, 3. GOB GRANT AGREEMENT - MacFarlane 2.20.15 for Commission, 4. Affordable Housing Restrictive Covenant (MacFarlane) for Commission 2.20, 5. MacFarlane Application Draft 2.23.15
Title
A Resolution authorizing the execution of an interlocal and grant agreement with Miami-Dade County in order for the City to receive funding from the Building Better Communities General Obligation Bond Program (BBC GOB), to rehabilitate homes within the MacFarlane Homestead Subdivision Historic District, as affordable housing for low and moderate income households.

Body
The MacFarlane Homestead Subdivision Historic District was locally designated by the City of Coral Gables in 1989, and its boundaries were expanded and contributing and non-contributing properties updated in 1998. The Historic District was listed in the National Register of Historic Places (National Register) in 1994 for its significance in the areas of Architecture, Community Planning and Development, and Ethnic Heritage. It is the only historic district listed in the National Register within the City of Coral Gables. The properties within the MacFarlane Homestead Subdivision, most of which were built during the late 1920’s and 1930’s, are representative of a vernacular type of architecture not seen elsewhere in Coral Gables.

In 2003, the LBW Homeowners’ Foundation of Coral Gables Inc. identified structures within the MacFarlane Homestead Subdivision Historic District in need of restoration. Subsequently, two phases of rehabilitation projects were undertaken utilizing Community Development Block Grant (CDBG) and HOME funding. Updated evaluations of residences within the historic district began in January of 2014, identifying those in need of and potentially eligible for additional restoration funding.

Miami-Dade County has allocated $592,308 in BBC GOB funding for Project No. 294 for the rehabilitation of homes within the MacFarlane Homestead Subdivision Historic District. In order to be eligible for the funding, the homes must be owner occupied, located within the historic district, and must qualify as a low income or moderate income household. Eligibility criteria are further detaile...

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