ARPA Programs: Housing and Community Development

The Department of Housing & Community Development programs funded through ARPA are to assist Miami's economically disadvantaged residents and neighborhoods. Through cooperative partnerships with the public and private sectors, the Department oversees the divisions of Housing and Administrative Services, which are dedicated to giving low-income residents access to the region's economic growth and prosperity.

The following are the programs/projects with ARPA funding  allocations:

#

Name of Project/Program

Amount Allocated

1

Business Continuity Microenterprise and Small Business Emergency Program

Provides one-time assistance to micro businesses (5 employees or less) and small businesses (6 to 20 employees) that meet respective program requirements.

$1,000,000

2

Elderly Meals

Provides congregate and homebound meals for elderly and disabled city residents.

$1,500,000

3

Senior Rental Gap Assistance

Assist City of Miami senior residents in mitigating rent increases, by providing monthly rental assistance.

$1,500,000

4

New Construction Homeownership

Provides construction and permanent financing to assist in part with the development of affordable single-family units, townhomes, twin homes, and condominium units to be sold to, eligible individuals or

Families.

$2,750,000

5

Property Acquisition for Affordable Housing

The City of Miami will acquire buildable vacant parcels of land suitable for the development of affordable rental or homeownership developments to be built by the City or by organizations that have been procured through a competitive process.

$3,000,000

6

New Construction Rental

Provides construction and permanent financing to assist in part with the development of affordable multifamily rental projects containing units affordable to eligible individuals or families.

$2,750,000

7

City of Miami Homeownership Assistance Program

Provides financial assistance to eligible first time home buyers towards the purchase of a home.

$2,000,000

TOTAL

$14,500,000