Resolution 191-2016f
f
i
g f
I
RESOLUTION r q l - 2016
EXHIBIT E
LHAP 17 -18 -19
A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF MONROE
COUNTY, FLORIDA APPROVING THE LOCAL HOUSING ASSISTANCE PLAN AS
REQUIRED BY THE STATE HOUSING INITIATIVES PARTNERSHIP PROGRAM ACT,
SUBSECTIONS 420.907- 420.9079, FLORIDA STATUTES; AND RULE CHAPTER 67 -37,
FLORIDA ADMINISTRATIVE CODE; AUTHORIZING AND DIRECTING THE MAYOR
TO EXECUTE ANY NECESSARY DOCUMENTS AND CERTIFICATIONS NEEDED BY
THE STATE; AUTHORIZING THE SUBMISSION OF THE LOCAL HOUSING
ASSISTANCE PLAN FOR REVIEW AND APPROVAL BY THE FLORIDA HOUSING
FINANCE CORPORATION; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the State of Florida enacted the William E. Sadowski Affordable Housing
Act, Chapter 92 -317 of Florida Sessions Laws, allocating a portion of documentary stamp taxes
on deeds to local governments for the development and maintenance of affordable housing; and
WHEREAS, the State Housing Initiatives Partnership (SHIP) Act, ss. 420.907- 420.9079,
Florida Statutes (1992), and Rule Chapter 67 -37, Florida Administrative Code, requires local
governments to develop a one- to three -year Local Housing Assistance Plan outlining how funds
will be used; and
WHEREAS, the SHIP Act requires local governments to establish the maximum SHIP
funds allowable for each strategy; and
WHEREAS, the SHIP Act further requires local governments to establish an average
area purchase price for new and existing housing benefiting from awards made pursuant to the
Act; The methodology and purchase prices used are defined in the attached Local Housing
Assistance Plan; and
WHEREAS, as required by section 420.9075, F.S. It is found that 5 percent of the local
housing distribution plus 5 percent of program income is insufficient to adequately pay the
necessary costs of administering the local housing assistance plan. The cost of administering the
program may not exceed 10 percent of the local housing distribution plus 10% of program
income deposited into the trust fund, except that small counties, as defined in s. 120.52(17), and
eligible municipalities receiving a local housing distribution of up to $350,000 may use up to 10
percent of program income for administrative costs.
WHEREAS, the Monroe County Housing Authority has prepared a three -year Local
Housing Assistance Plan for submission to the Florida Housing Finance Corporation; and
PAGE: 28
EXHIBIT E
LHAP 17 -18 -19
WHEREAS, the County Commission finds that it is in the best interest of the public for
Monroe County to submit the Local Housing Assistance Plan for review and approval so as to
qualify for said documentary stamp tax funds.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF MONROE COUNTY, FLORIDA that:
Section l : The Monroe County Board of County Commissioners hereby approves the Local
Housing Assistance Plan, as attached and incorporated hereto for submission to
the Florida Housing Finance Corporation as required by ss. 420.907- 420 -9079,
Florida Statutes, for fiscal years 2016 - 2017/2017 - 2018/2018 -2019.
Section 2 : The Mayor or County Administrator is hereby designated and authorized to
execute any documents and certifications required by the Florida Housing Finance
Corporation as related to the Local Housing Assistance Plan, and to do all things
necessary and proper to carry out the term and conditions of said program.
Section 3 : This resolution shall take effect immediately upon its adoption.
PASSED AND ADOPTED by the Board of County Commissioners of
Monroe County, Florida at a regular meeting of said Board on the / q day of ALA8" +, 2016 49
Mayor Heather Carruthers
YES
Mayor Pro Tern George Neugent
YES
Commissioner Danny Kolhage
ye s
Commissioner David Rice
Y65
Commissioner Sylvia Murphy
SEAL:
County Clerk
Id i9 /�
Date:
as to legal sufficiency:
BOARD OF COUNTY COMMISSIONERS OF
MONROE COUNTY, FLORIDA
BY:
Mayor HeXh thers .
JE: Z9
MONROE COUNTY FLORIDA
SHIP LOCAL HOUSING ASSISTANCE PLAN (LHAP)
2016 -2017, 2017 -2018 and 2018 -2019
-I-
TABLE OF CONTENTS DESCRIPTION
Page #
Section I: Program Details
3
Section H: Housing Strategies
A. HOMEBUYER ASSISTANCE
7
B. HOMEOWNER REHABILITATION
10
C. HOMEOWNER DISASTER MITIGATON
11
D. HOMEOWNER SEWER LATERAL CONNECTIONS
12
E. RENTAL CONSTRUCTION/REHABILITATION
13
F. RENTAL DISASTER MITIGATION
15
SECTION III: Incentive Strategies
A. Expedited Permitting
16 -22
B. Ongoing Review Process
C. Modification of Impact Fee Requirements
D. Flexibility in Densities for Affordable Housing
E. Reservation of Infrastructure Capacity for Affordable Housing
F. Allowance of Affordable Accessory Residential Units in Residential Zoning Dist.
G. Reduction of Parking & Setback for Affordable Housing
H. Allowance of Flexible Lot Configurations
1. Modification of Street Requirements
J. Inventory of County Owned Property Suitable for Affordable Housing
K. Support Development
L. Inclusionary Housing
M. Mobile Home Park Incentive Program
N. Employee Housing Commercial Apartments & Workforce Housing
O. Purchase & Lease Back Program
SECTION IV: Exhibits
A. Administrative Budget For Each Fiscal Year Covered in the Plan
23
B. Timeline for Estimated Encumbrance and Expenditure
24
C. Housing Delivery Goals Chart (HDGC) For Each Fiscal Year Covered in the Plan
25
D. Signed LHAP Certification
26 -27
E. Signed, Dated, Witnessed or Attested Adopting Resolution
28 -29
F. Ordinance: (If changed from the original creating ordinance)
N/A
G. Interlocal Agreement
N/A
-2-
I. Program Details:
A. Name of the participating local government MONROE COUNTY, FLORIDA
Is there an Interlocal Agreement: Yes: No: X
B. Purpose of the program
1) To meet the housing needs of the very low, low and moderate income
households;
2) To expand production of and preserve affordable housing; and
3) To further the housing element of the local government comprehensive plan
specific to affordable housing.
C. Fiscal years covered by the Plan: 2016 -2017, 2017 -2018 and 2018 -2019
D. Governance:
The SHIP Program is established in accordance with Section 420.907 -9079, Florida
Statutes and Chapter 67 -37, Florida Administrative Code. Cities and Counties must
be in compliance with these applicable statutes, rules and any additional requirements
as established through the Legislative process.
E. Local Housing Partnership:
The SHIP Program encourages building active partnerships between government,
lending institutions, builders and developers, not - for - profit and community based
housing providers and service organizations, providers of professional services
related to affordable housing, advocates for low- income persons, real estate
professionals, persons or entities that can provide housing or support services and
lead agencies of the local continuums of care.
F. Lever aging•
The Plan is intended to increase the availability of affordable residential units by
combining local resources and cost saving measures into a local housing partnership
and using public and private funds to reduce the cost of housing. SHIP funds may
be leveraged with or used to supplement other Florida Housing Finance Corporation
programs and to provide local match to obtain federal housing grants or programs.
G. Public Input:
Public input was solicited through face to face meetings with housing providers,
social service providers and local lenders and neighborhood associations. Public
input was solicited through the local newspaper in the advertising of the Monroe
County Board of County Commissioners Meetings Agenda and the Notice of
Funding Availability when applicable.
H. Advertisine and Outreach:
SHIP funding availability shall be advertised in a newspaper of general circulation
and periodicals serving ethnic and diverse neighborhoods, at least 30 days before the
beginning of the application period. If no funding is available due to a waiting list, no
notice of funding availability is required.
-3-
I. Waiting List/Priorities:
A waiting list will be established when there are eligible applicants for strategies that
no longer have funding available. Those households on the waiting list will be
notified of their status. Applicants will be maintained in an order that is consistent
with the time applications were submitted as well as any established funding
priorities as described in this plan. Priorities for funding described/listed here apply
to all strategies unless otherwise stated in the strategy.
J. Discrimination:
In accordance with the provisions of ss.760.20- 760.37, it is unlawful to discriminate
on the basis of race, color, religion, sex, national origin, age, handicap, or marital
status in the award application process for eligible housing.
K. Support Services and Counseling:
Support services are available from various sources. Available support services may
include but are not limited to: Homeownership Counseling (Pre and Post), Credit
Counseling, Tenant Counseling, Foreclosure Counseling and Transportation.
L. Purchase Price Limits
The sales price or value of new or existing eligible housing may not exceed 90% of
the average area purchase price in the statistical area in which the eligible housing is
located. Such average area purchase price may be that calculated for any 12 -month
period beginning not earlier than the fourth calendar year prior to the year in which
the award occurs. The sales price of new and existing units, which can be lower but
may not exceed 90% of the median area purchase price established by the U.S.
Treasury Department or as described above. The methodology used is: X U.S.
Treasury Department
M. Income Limits, Rent Limits and Affordability:
The Income and Rent Limits used in the SHIP Program are updated annually by the
Department of Housing and Urban Development and posted at
www.floridahousina.org "Affordable" means that monthly rents or mortgage
payments including taxes and insurance do not exceed 30 percent of that amount
which represents the percentage of the median annual gross income for the
households as indicated in Sections 420.9071, F.S. However, it is not the intent to
limit an individual household's ability to devote more than 30% of its income for
housing, and housing for which a household devotes more than 30% of its income
shall be deemed Affordable if the first institutional mortgage lender is satisfied that
the household can afford mortgage payments in excess of the 30% benchmark and in
the case of rental housing does not exceed those rental limits adjusted for bedroom
size.
N. Welfare Transition Program:
Should an eligible sponsor be used, a qualification system and selection criteria for
applications for Awards to eligible sponsors shall be developed, which includes a
description that demonstrates how eligible sponsors that employ personnel from the
Welfare Transition Program will be given preference in the selection process.
-4-
O. Monitoring and First Right of Refusal:
In the case of rental housing, the staff and any entity that has administrative authority
for implementing the local housing assistance plan assisting rental developments
shall annually monitor and determine tenant eligibility or, to the extent another
governmental entity provides periodic monitoring and determination, a municipality,
county or local housing financing authority may rely on such monitoring and
determination of tenant eligibility. However, any loan or grant in the original amount
of $10,000 or less shall not be subject to these annual monitoring and determination
of tenant eligibility requirements. Tenant eligibility will be monitored annually for
no less than 15 years or the term of assistance whichever is longer unless as specified
above.
Eligible sponsors that offer rental housing for sale before 15 years or that have
remaining mortgages funded under this program must give a first right of refusal to
eligible nonprofit organizations for purchase at the current market value for
continued occupancy by eligible persons.
P. Administrative Budget:
A line -item budget of proposed Administrative Expenditures is attached as Exhibit A .
MONROE COUNTY. FLORIDA finds that the moneys deposited in the local
housing assistance trust fund shall be used to administer and implement the local
housing assistance plan.
Section 420.9075 Florida Statute and Chapter 67 -37, Florida Administrative Code,
states: "A county or an eligible municipality may not exceed the 5 percent limitation
on administrative costs, unless its governing body finds, by resolution, that 5 percent
of the local housing distribution plus 5 percent of program income is insufficient to
adequately pay the necessary costs of administering the local housing assistance
plan."
Section 420.9075 Florida Statute and Chapter 67 -37, Florida Administrative Code,
further states: "The cost of administering the program may not exceed 10 percent
of the local housing distribution plus 5 percent of program income deposited into the
trust fund, except that small counties, as defined in s. 120.52(19), and eligible
municipalities receiving a local housing distribution of up to $350,000 may use up to
10 percent of program income for administrative costs." The applicable local
jurisdiction has adopted the above findings in the resolution attached as Exhibit E.
Q. Program Administration:
Administration of the local housing assistance plan will be wholly performed and
maintained by the MONROE COUNTY HOUSING AUTHORITY
R. Proiect Delivery Costs:
The Monroe County Board of County Commissioners (BOCC) approved Resolutions
043 -2014, 04 -2014, 179 -2014, 180 -2014 and 219 -2014 which authorized the Monroe
County SHIP Program to leverage Monroe County Social Services Department
funding to implement the Housing Rehabilitation Strategy and Special Needs
Legislative Set Asides utilizing their client waiting lists and to leverage funding with
Weatherization Program funding when available. The BOCC authorized a 10%
-S-
project delivery fee be paid to the Monroe County Social Services Department for
completed projects only.
S. Essential Service Personnel Definition:
Essential Services Personnel in Monroe County shall mean and include, without
limitation, teachers and educators, other school district, community college, and
university employees, police and fire personnel, health care personnel, skilled
building trades personnel; full -time and part-time working persons employed in
Monroe county providing services in the construction and skilled building trades, real
estate, finance, public and non - profit organization, healthcare, licensed professions
and trades, commercial fishing, hospitality, wholesale and retail consumer services,
transportation, education, security, and entertainment..
T. Describe efforts to incorporate Green Building and Energy Saving products and
processes:
Priority will be given to those sponsors who demonstrate innovative design, green
building principles, storm resistant construction or other elements that reduce long
term costs relating to maintenance, utilities or insurance, rehabilitation of existing
homes to greatly reduce the carbon footprint of building new homes; installation of
storm shutters and high impact windows and doors; use of recycled construction
materials; installation of new energy saving rated appliances; etc.
U. Describe efforts to meet the 20% Special Needs set - aside:
The Monroe County SHIP office in conjunction with Monroe County Social
Services, utilize their existing client list in addition to continuous advertising on the
Monroe County website for ongoing homeowner rehabilitation funding countywide.
There has been a continuous demand for funding. First priority is given to those
clients who meet the 20% Special Needs definition.
V. Describe efforts to reduce homelessness:
The SHIP program provides owner occupied rehabilitation assistance to the below
poverty, very-low, low and moderate income clients of the county reducing the risk
of those homeowners becoming homeless.
-6-
Section U. Housing Strategies:
A.
HOMEBUYER ASSISTANCE 12
a. Summary of Strategy:
Funding assistance for the purchase or construction of a single - family,
residential, owner occupied property, including condominiums and townhouses.
b. Fiscal Years Covered: 2016 -2017, 2017 -2018 and 2018 -2019
C. Income Categories: Very Low, Low and Moderate
d. Maximum award: $45,000
e. Terms:
1. Deferred Loan: Secured by a recorded note and mortgage
2. Interest Rate: 0%
3. Term: Thirty (30) years
4. Repayment: Full amount at maturity
5. Default/Recapture: The loan will be due and payable in full upon
maturity, payment in full of the first mortgage, sale, rental or transfer of
the property, failure to comply with the terms of the SHIP mortgage, loss
of homestead exemption or death of the last surviving homeowner. In
the event of the death of the last surviving homeowner, any income
eligible heir residing in the home may assume the SHIP Loan as long as
they can obtain title to the entire property within one (1) year of the death
of the last surviving homeowner and the first mortgagee consents to the
assumption of their loan.
f. Recipient Selection Criteria:
Applications for Homebuyer Assistance must include:
1. A contract for purchase of an existing housing unit or one under construction.
An "under construction" housing unit shall be defined as having a building
permit and pilings /foundation complete and inspected.
2. A lending institution pre - qualification letter for the amount to be financed
which may assume up to a $45,000 SHIP loan.
3. An affidavit from the Seller in the event this is a unit under construction,
indicating the delivery date of the housing unit (cannot be more than five
months from the date of the SHIP approval)].
In the event there are more applicants than funds available, upon completion of
the initial advertising, lotteries will be utilized to determine the order of the
funding. The day, time and location of the lottery will be made available to the
eligible applicants within one week of the end of the NOFA. An independent 3`
party will draw numbers to establish the order of ranking. Applicants do not
have to be present at the drawing to participate. Funding will be awarded in the
order drawn, in the event an applicant withdraws his application, the next
person on the list will be funded.
-7-
Applicants who fail to submit complete applications, who do not meet SHIP
threshold requirements or cannot close due to financing or any other reason, may
not reapply for SHIP assistance until the following application cycle.
No new applications will be accepted for this strategy until all previously ranked
by lottery applicants have had an opportunity to participate. In the event
additional funding slots become available, the program will re- advertise the
availability of funds and if need be, conduct a new lottery.
g. Sponsor/Developer Selection Criteria: N/A
h. Additional Information:
Buyer(s) must contribute a minimum three percent (3 %) of the sales price as a
down payment. Property must meet minimum health and safety standards as
defined under the U.S Department of Housing and Urban Development's,
Housing Quality Standards (HQS). Any HQS deficiencies must be corrected
prior to or as part of the purchase transaction. In the case of new construction, a
Certificate of Occupancy (CO) may be substituted for the HQS inspection.
Mortgage loans to public entities, which retain ownership of the land under the
terms of a ground lease, shall extend to the improvements.
The dwelling unit purchased must be financed with a federally insured financial
institution. In the event other financing methods are utilized and approved by the
SHIP Administrator, the SHIP Note and Mortgage must be a first mortgage.
SHARED APPRECIATION PROVISION:
All SHIP funds under this strategy are subject to a mortgage that shall contain
recapture provisions which provides for shared appreciation between the buyer(s)
and the Monroe County SHIP Program.
The amount due Monroe County upon sale, refinancing or transfer of the
property shall be calculated by adding the sum of the principal balance of the
SHIP loan and 50% of the appreciated value.
The appreciated value shall be the difference between the original purchase price
and the sales price less any real estate commission, less the value of any
permitted improvements and less reasonable closing costs.
Housing units constructed utilizing Affordable Housing Permits which restrict
appreciation in the housing unit's value, shall not be subject to the Shared
Appreciation Provision.
ASSUMPTION OF EXISTING SHIP MORTGAGES:
Existing SHIP Homebuyer Mortgage Loans may be assumed in order to enhance
the owner occupied property's marketability and avoid the loss of existing
affordable permit housing units when the current appraised value is equal to or
less than the original purchase price and must be recommended by the SHIP
Program Coordinator and approved by the SHIP Program Administrator.
Existing SHIP Homebuyer Mortgage Loans of Not - For - Profit Homeownership
Developer units may be assumed for the balance of the term of the existing loan
by new very low and low income qualified homebuyers. Transfer of title to the
new homebuyers must be completed within a period that does not to exceed six
(6) months after repayment by the existing homeowner.
19Z
B.
HOMEOWNER REHABILITATION Code 3
a. Summary of Strategy:
Funding assistance for owner occupied housing rehabilitation, leveraging with
the Weatherization Assistance Program.
b. Fiscal Years Covered: 2016 -2017, 2017 -2018 and 2018 -2019
Income Categories: Very Low, Low and Moderate Income
Maximum award: $35,000.
e. Terms:
1. Deferred Loan: Secured by a recorded note and mortgage
2. Interest Rate: 0%
3. Term: Twenty (20) years
4. Forgiveness: Full loan amount at maturity
5. Default/Recapture:
The loan will be due and payable in full upon in the event of, rental, sale
or transfer of the property before the maturity date, failure to comply
with the terms of the SHIP mortgage, loss of homestead exemption, or
death of the last surviving homeowner. In the event of the death of the
last surviving homeowner, any income eligible heir residing in the home
may assume the SHIP Loan as long as they can obtain title to the entire
property within one (1) year of the death of the last surviving homeowner
and the first mortgagee consents to the assumption of their loan.
£ Recipient Selection Criteria:
Eligible applicants will receive assistance on a "First Qualified, First Served"
basis. Applicants who have been determined to be income eligible for program
assistance will be placed on a waiting list according to their income
classification. First priority will be given to Special Needs applicants.
g. Sponsor/Developer Selection Criteria: N/A
h. Additional Information:
The first $20,000.00 in funding is a grant. In the event that additional funds are
required to complete the rehabilitation, homeowners will be required to sign a
note and mortgage for the value of any funds in excess of $20,000.00 up to a
maximum of $15,000.00, which will be forgiven at maturity.
For the purpose of this strategy, the standard for rehabilitation is defined as those
improvements necessary for the subject unit to meet the U.S. Department of
Housing and Urban Development's Housing Quality Standards (HQS). All
households receiving rehabilitation assistance under this strategy are not eligible
for additional SHIP funding for a period of three (3) years from closeout of
grant/loan.
-10-
C.
HOMEOWNER DISASTER MITIGATION Code 5
a. Summary of Strategy:
Funds provided to owner occupied homeowners to make hurricane related or
other disaster repairs for which an emergency or disaster has been declared by
executive order and which have an approved local housing assistance plan to
implement a local housing assistance strategy, consistent with ss. 420.907-
420.9079, for repairing and replacing housing damaged as a result of the
emergency or natural disaster.
b. Fiscal Years Covered: 2016 -2017, 2017 -2018 and 2018 -2019
C. Income Categories: Very Low, Low and Moderate
d. Maximum award: $35,000
e. Terms:
1. Deferred loan: Secured by a recorded note and mortgage
2. Interest Rate: 0%
3. Term: Ten (10) years
4. Forgiveness /Repayment: The loan balance will be forgiven during
years six (6) through ten (10) at the rate of twenty (20) % per year.
5. Default/Recapture:
The outstanding loan balance will be due and payable in full upon the
rental, sale or transfer of the property, failure to comply with the terms of
the SHIP mortgage, loss of homestead exemption or death of the last
surviving homeowner. In the event of the death of the last surviving
homeowner, any income eligible heir residing in the home may assume
the SHIP Loan as long as the heir can obtain title to the entire property
within one (1) year of the death of the last surviving homeowner and the
first mortgagee consents to the assumption of their loan.
Recipient Selection Criteria:
Applications processed on a "First Qualified, First Served" basis, first priority
will be given to Special Need Applicants.
g. Sponsor/Developer Selection Criteria: N/A
h. Additional Information:
For the emergency repairs under this strategy, emergency repairs are defined as
those repairs to damages resulting from a disaster that pose an immediate health
and safety hazard to occupant(s).
- 11 -
D.
HOMEOWNER SEWER LATERAL CONNECTIONS Code 9
a. Summary of Strategy:
Funding assistance for sewer lateral connections for owner occupied properties,
to include condominiums and townhouses
b. Fiscal Years Covered: 2016 -2017, 2017 -2018 and 2018 -2019
C. Income
Categories: Very low, Low and Moderate Income
d. Maximum award: $8,000
e. Terms:
1.
Deferred loan: Secured by a recorded note and mortgage
2.
Interest Rate: 0%
3.
Term: Ten (10) years
4.
Forgiveness: Full loan amount at maturity
5.
Default/Recapture:
6.
The outstanding balance shall be due and payable upon maturity or in the
event of rental, sale, transfer, or failure to comply with the terms of the
SHIP mortgage, loss of homestead exemption or death of the last
surviving homeowner. In the event of the death of the last surviving
homeowner, any income eligible heir residing in the home may assume
the SHIP Loan as long as they can obtain title to the entire property
within one (1) year of the death of the last surviving homeowner and the
first mortgagee consents to the assumption of their loan.
f. Recipient Selection Criteria:
Applications processed on a "First qualified, First Served" basis
g. Sponsor/Developer Selection Criteria: N/A
h. Additional Information: N/A
-12-
E.
RENTAL CONSTRUCTION/REHABILITATION Code 14
a. Summary of Strategy:
Funds provided for the construction or rehabilitation of affordable housing units
b. Fiscal Years Covered: 2016 -2017, 2017 -2018 and 2018 -2019
b. Income Categories: Very Low, Low and Moderate
d. Maximum award: $40,000 per unit
e. Terms:
1. Deferred loan: Secured by a recorded note and mortgage
2. Interest Rate: 0% for not - for - profit entities
3% for for - profit entities
3. Term: Fifteen (15) years
4. Forgiveness/Repayment:
FOR PROFIT ENTITIES and NON - PROFIT ENTITIES
Entities proposing construction/rehabilitation in conjunction with Florida
Housing Finance Corporation (FHFC) funding are eligible for loans
secured by a mortgage up to $40,000 per unit or that amount sufficient to
satisfy the FHFC local contribution portion of the FHFC program,
whichever is less.
Should all funds not be expended to a specified unit, these funds may be
transferred for the completion of another unit being rehabilitated. A
modified award letter will be required. Loan amount will be based on
number of units times the allotted amount per unit. This loan is at an
interest rate of 3% with a minimum term of fifteen (15) years for for -
profit entities with the principal and interest due upon maturity.
Not - for - profit entities are eligible for mortgages with principal balance
forgiven at maturity. Loans may be extended in conjunction with an
extension of the SHIP Rental Monitoring Agreement. (See H. Additional
Information)
5. Default/Recapture:
Due and payable in full upon sale or transfer of the property or failure to
comply with the terms of the SHIP Rental Monitoring Agreement or
Land Use Restriction Agreement (LURA). SHIP set aside units assisted
under this strategy must maintain rents that do not exceed the rent
maximums published annually by the Florida Housing Finance
Corporation. SHIP recipients that offer rental housing for sale within
fifteen years of the SHIP award must give a right of first refusal to
eligible non - profit organizations for purchase at the current market value
for continued occupancy by eligible persons.
-13-
f. Recipient Selection Criteria:
Eligible residents will be selected on a first - qualified, first -served basis.
g. Sponsor/Developer Selection Criteria:
Priority will be given to those sponsors demonstrating innovative design, green
building principles, storm resistant construction or other elements that reduce
long term costs relating to maintenance, utilities or insurance.
Priority #I shall be to provide funding for the preservation of Assisted Housing
Units. The tiebreaker within Priority # 1 shall be the lowest SHIP per unit cost.
Priority #2 Applications proposing the rehabilitation of existing affordable rental
units, ranked in the following order:
2a. Proposing the longest period of affordability
2b. Serving very low - income tenants
2c. Serving substantially ( %) very low- income tenants
2d. Serving low- income tenants
2e. Serving substantially ( %) low- income tenants
2£ Serving moderate - income tenants
The tiebreaker with Priority #3 shall be the lowest SHIP per unit cost.
Priority #3 Applications proposing the creation of the new rental units by
construction or rehabilitation, ranked in the following order:
Ia. Proposing the longest period of affordability
lb. Units serving very low - income tenants
le. Units serving substantially ( %) very low- income tenants
Id. Serving low - income tenants
le. Serving substantially ( %) low- income tenants
1 f. Serving moderate - income tenants
The tiebreaker with priority #2 shall be the lowest SHIP per unit cost.
h. Additional Information:
All entities funded under this strategy will be required to execute a SHIP Rental
Monitoring Agreement and Land Use Restriction Agreement (LURA) for a
minimum term of fifteen (15) years.
-14-
F.
AFFORDALE RENTAL UNITS - DISASTER MITIGATION Code 5
a. Summary of Strategy:
Funds provided for deed restricted and/or affordable rental units to make hurricane
related or other disaster repairs for which an emergency or disaster has been declared
by executive order and which have an approved local housing assistance plan to
implement a local housing assistance strategy, consistent with ss. 420.907- 420.9079,
for repairing and replacing housing damaged as a result of the emergency or natural
disaster.
b. Fiscal Years Covered: 2016 -2017, 2017 -2018 and 2018 -2019
c. Income Categories: Very Low, Low and Moderate
d. Maximum award: $35,000
d. Terms:
1. Deferred loan: Secured by a recorded note and mortgage
2. Interest Rate: 0%
3. Term: Ten (10) years
4. Forgiveness/Repayment: The loan balance will be forgiven during
years six (6) through ten (10) at the rate of twenty (20) % per year.
5. Default/Recapture:
The outstanding loan balance will be due and payable in full upon the
rental, sale or transfer of the property, failure to comply with the terms of
the SHIP mortgage, or death of the last surviving property owner. In the
event of the death of the last surviving property owner, any income
eligible heir may assume the SHIP Loan as long as the heir can obtain
title to the entire property within one (1) year of the death of the last
surviving property owner and the first mortgagee (if applicable) consents
to the assumption of their loan.
f. Recipient Selection Criteria:
Applications processed on a "First Qualified, First Served" basis, first priority
will be given to Special Need Applicants.
g. Sponsor/Developer Selection Criteria: N/A
h. Additional Information:
For the emergency repairs under this strategy, emergency repairs are defined as
those repairs to damages resulting from a disaster that pose an immediate health
and safety hazard to occupant(s).
-15-
III. LHAP Incentive Strategies
In addition to the required Incentive Strategy A and Strategy B, include all adopted incentives
with the policies and procedures used for implementation as provided in Section 420.9076, F.S.:
A. Name of the Strateav: Expedited Permitting
Permits as defined in s. 163.3177 (6) (f) (3) for affordable housing projects are expedited
to a greater degree than other projects.
Established policy and procedures:
The Monroe County Year 2010 Comprehensive Plan and Land Development Code
establish procedures for expediting the development of affordable housing projects. The
County is allowed to issue 197 building permits annually, and of these permits, the
County sets aside 71 permits for affordable housing. Any unused allotment of permits for
affordable housing is rolled over and accumulated in subsequent years. Note, the BOCC
transmitted a Comprehensive Plan amendment to make all affordable housing allocations
available immediately (no longer need to distribute 71 allocations per year) to expedite
the use /availability of affordable allocations. Adoption is anticipated in early 2016.
Provide a description of the procedures used to implement this strategy:
Affordable housing permit applications are not required to go through the competitive
ROGO (Rate of Growth Ordinance) process. Additionally, any development order or
development permit for affordable housing receives priority in processing and review of
applications and permits, per Section 9 -2(b) of the Monroe County Code.
Responsible Agency: Monroe County Building Department and Planning &
Environmental Resources Department
B. Name of the Strategv: Ongoing Review Process
An ongoing process for review of local policies, ordinances, regulations and plan
provisions that increase the cost of housing prior to their adoption.
Established policy and procedures:
1. Section 9 -3 of the Monroe County Code states: All ordinances, policies,
resolutions, regulations, and comprehensive plan provisions (regulations) that may affect
the cost of housing including those regarding infrastructure, permitting, impact fees, or
development process and approvals shall be reviewed by the growth management
director, the planning director, the building official and the finance or budget director.
The assessment shall evaluate whether the new regulation does, in fact, affect the cost of
housing including affordable housing. Such evaluation shall be addressed in the staff
report to the board of county commissioners.
Responsible Agency: Monroe County Assistant County Administrator, Monroe County
Planning & Environmental Resources and Monroe County Building Department
2. The County allows applicants to apply to the Board of County Commissioners to
waive building permit application fees for affordable housing (Section 6- 108(e), Monroe
County Code).
Responsible Agency: Monroe County Building Department
-16-
3. The adopted Fee Resolution for the Planning & Environmental Resources
Department provides that there shall be no application or other fees, except advertising
and noticing fees, for affordable housing projects, except that all applicable fees shall be
charged for applications for all development approvals required for any development
under Sec. 130 -161.1 (Transfer of ROGO Exemptions from Mobile Home Parks) and for
applications for variances to setback, landscaping and/or off -street parking regulations
associated with an affordable housing development.
Responsible Agency: The Monroe County Planning and Environmental Resources
Department and Monroe County Building Department
Other Incentive Strategies Adopted:
C. Name of Strateev: Modification of Impact Fee Requirements
Established policy and procedure:
The County waives impact fees for all affordable housing permits, pursuant to
Comprehensive Plan Policy 601.1.12, Section 130- 161(a)(4) and Chapter 126 of the Land
Development Code.
Monroe County 2012 Comprehensive Plan Policy 601.1.12: By January 4, 1997, Monroe
County shall adopt Land Development Regulations which may include density bonuses,
impact fee waiver programs, and other possible regulations to encourage affordable
housing.
Monroe County Code Chapter 126 — Impact Fees, Section 126- 4(h)(6): Type of
Development Not Affected.... (6) Affordable or employee housing units (as defined in
section 101 -1) for which a deferred payment of impact fees has been recorded in the
chain of title.
Monroe County Code Section 130 -161 Affordable and employee housing;
administration: 130- 161(a)(4) The requirements of this chapter for the provision of
impact fees shall be waived for affordable and employee housing and any market rate
housing developed in accordance with subsection (a)(8) of this section.
Responsible Agency: Monroe County Building Department and Planning &
Environmental Resources Department
D. Name of Strateev: Flexibility in Densities for Affordable Housing
Established policy and procedures:
1) Pursuant to Sections 130 -157 and 130- 161(a)(1) of the Land Development Code, the
following density bonuses are allowed for affordable and employee housing: a Maximum
Net Density of 25 dwelling units per buildable acre for land within an Urban Residential
(UR) land use district; a Maximum Net Density of 18 dwelling units per buildable acre
for land within a Mixed Use (MU) land use district; a Maximum Net Density of 18
dwelling units per buildable acre for land within a Suburban Commercial (SC) land use
district; and a Maximum Net Density of 12 dwelling units per buildable acre for land
within an Urban Commercial (UC) land use district.
-17-
Responsible Agency: Monroe County Planning & Environmental Resources Department
Recommendation:
The Monroe County Affordable Housing Advisory Committee will be reviewing density
bonuses as part of its tasks assigned by the BOCC.
2) Pursuant to Section 130- 161(a)(5), the County allows the construction of affordable
housing units on commercial sites without deducting from the commercial floor area
allowed when calculating density, any existing lawfully established or proposed
affordable or employee housing on a parcel and the floor area thereof shall be excluded
from the calculation of the total gross nonresidential floor area).
Responsible Agency: Monroe County Planning & Environmental Resources Department
E. Name of Strategy: Reservation of Infrastructure Capacity for Affordable Housing
Established policy and procedure:
Monroe County prepares an annual Public Facilities Capacity Report. This Report
indicates that there is sufficient infrastructure capacity to accommodate the needs of
County residents.
Responsible Agency: Monroe County Planning & Environmental Resources Department
F. Name of Strateav: Allowance of Affordable Accessory Residential Units in Residential
Zoniniz Districts
Established policy and procedure:
Additions and accessory bedrooms may be permitted on developed parcels as an
accessory use /structure. The accessory use /structure must be consistent with existing
density and Rate of Growth Ordinance (ROGO) requirements specified within the Land
Development Code and the Monroe County Comprehensive Plan. Accessory
uses /structures do not include second dwelling units or any other potentially habitable
structures that are occupied by a separate and independent resident.
Responsible Agency: Monroe County Planning & Environmental Resources Department
Recommendation:
The Monroe County Affordable Housing Advisory Committee (AHAC) will review
density and affordable workforce accessory dwelling units as part of its tasks assigned by
the BOCC.
G. Name of Strategy: Reduction of parking and setback requirements for affordable
housing
Established policy and procedure:
Pursuant to Sections 102 -186 and 102 -187, off - street parking requirements may be
granted variances if the requisite criteria can be met.
-18-
Pursuant to Section 130 -189, any required off - street parking spaces may be located on an
accessory driveway within the front yard setback on a parcel developed exclusively with
a residential use, provided it does not occupy more than 60 percent of the required front
yard setback area and any vehicle utilizing such an off - street parking space shall be
properly licensed and operable.
Responsible Agency: Monroe County Planning & Environmental Resources Department
Recommendation:
The Monroe County Affordable Housing Advisory Committee will be reviewing setback
and variance requirements for affordable workforce housing as part of its tasks assigned
by the BOCC.
H. Name of Strateev: Allowance of Flexible Lot Confiizurations
Established policy and procedure:
Monroe County allows flexible lot configurations to the extent setback and bufferyard
requirements are met. Pursuant to Sections 102 -186 and 102 -187, variances to setback
and bufferyard requirements may be granted if the requisite criteria can be met.
Responsible Agency: Monroe County Planning & Environmental Resources Department
I. Name of Stratezv: Modification of Street Requirements
Established policy and procedure:
Monroe County allows internal street configurations that meet life - safety criteria.
Responsible Agency: Monroe County Planning & Environmental Resources Department
& Engineering Department
J. Name of Strateev: Inventory of County Owned Property Suitable for Affordable
Housing
Established policy and procedures:
Pursuant to Section 125.379, Florida Statutes, the County has prepared and will continue
to provide an inventory of possible sites suitable for affordable housing. (Comprehensive
Plan Policy 601.1.6)
On November 20, 2015, the Monroe County Affordable Housing Advisory Committee
reviewed and recommended an inventory to the BOCC. The BOCC will be reviewing the
updated inventory of County owned sites which may be appropriate for use as affordable
housing.
Responsible Agency: The Clerk of Court has the list of properties approved by the Board
of County Commissioners in Resolution 299 -2007. Monroe County Planning &
Environmental Resources Department
-19-
K. Name of Strategy: Support development near transportation hubs and maior
employment centers and mixed use developments
Established policy and procedures:
1) Pursuant to Sections 130 -157 and 130- 161(a)(1) of the Land Development Code, the
following density bonuses are allowed for affordable and employee housing within
zoning districts that allow commercial and mixed use development: a Maximum Net
Density of 18 dwelling units per buildable acre for land within a Mixed Use (MU) land
use district; a Maximum Net Density of 18 dwelling units per buildable acre for land
within a Suburban Commercial (SC) land use district; and a Maximum Net Density of 12
dwelling units per buildable acre for land within an Urban Commercial (UC) land use
district.
Responsible Agency: Monroe County Planning & Environmental Resources Department
2) Livable CommuniKeys Plans (LCP) have been adopted by the Board of County
Commissioners for Key Largo, Tavernier, Big Pine Key and No Name Key, Stock Island,
and the Lower Keys. These LCPs identify activity centers that encourage the
development of affordable housing near identified mixed use and employment centers.
Proposed amendments to the Land Development Code also incorporate these areas as
community center zoning overlay districts.
Responsible Agency: Monroe County Planning & Environmental Resources Department
3) Policy 601.1.8 of the Monroe County Comprehensive Plan states:
If Monroe County funding, or if County- donated land is to be used for any affordable
housing project, alternative sites shall be assessed according to the following guidelines:
4. Proximity to employment and retail centers. Sites within five miles of
employment and retail centers shall be preferred. [9J- 5.010(3)(c)(5)]
Responsible Agency: Monroe County Planning & Environmental Resources Department
L. Name of Strategy: Inclusionary Housing
Established policy and procedure:
Per Section 130- 161(b)(2) of the Land Development Code:
a. Residential developments, other than mobile home or mobile home spaces covered by
subsection (b)(2)b. of this section, that result in the development or redevelopment of
three or more dwelling units on a parcel or contiguous parcels shall be required to
develop or redevelop at least 30 percent of the residential units as affordable housing
units. Residential development or redevelopment of three units on a parcel or contiguous
parcels shall require that one developed or redeveloped unit be an affordable housing
unit. For the purpose of this section, and notwithstanding subsection (b)(2)b. of this
section, any dwelling unit exceeding the number of lawfully established dwelling units on
site, which are created by either a THE or ROGO allocation award, shall be considered
developed units.
b. The removal and replacement with other types of dwelling units of ten or more mobile
homes that are located on a parcel or contiguous parcels and/or the conversion of mobile
home spaces located on a parcel or contiguous parcels into a use other than mobile homes
-20-
shall be required to include in the development or redevelopment a number of affordable
housing units equal to at least 30 percent of the number of existing units being removed
and replaced or converted from mobile home use or, in the event the new use is
nonresidential, to develop affordable housing units at least equal in number to 30 percent
of the number of mobile homes or mobile home spaces being converted to other than
mobile home use. Removal and replacement or conversion to a different use of ten
mobile homes or mobile home spaces on a parcel or contiguous parcels shall require that
three units be replaced or converted to deed - restricted affordable housing.
c. In calculating the number of affordable housing units required for a particular project,
or phase of a project, all dwelling units proposed for development or redevelopment or
mobile homes or mobile home spaces to be converted from mobile home use since the
effective date of the ordinance from which this section is derived shall be counted. In
phased projects, the affordable housing requirements shall be proportionally allocated
among the phases. If a subsequent development or redevelopment is proposed following
a prior development approved on the same property as it existed as of the effective date
of the ordinance from which this section is derived, which prior development did not
meet the compliance thresholds set forth in subsection (b)(2)a. or (b)(2)b. of this section,
the requirements of subsection (b)(2)a. or (b)(2)b. of this section shall be met as part of
the subsequent development for all units proposed for development or redevelopment
after the effective date of the ordinance from which this section is derived.
Responsible Agency: Monroe County Planning & Environmental Resources Department
Recommendation:
Monroe County shall maintain land development regulations on inclusionary housing and
shall evaluate expanding the inclusionary housing requirements to include or address
nonresidential and transient development and redevelopment based on specific data and
analysis.
M. Name of Stratezv: Mobile Home Park Incentive Program
Established policy and procedure:
Section 130 -161.1 of the Land Development Code establishes incentives for affordable
housing development by allowing the transfer of market rate ROGO exemptions within
the ROGO subarea from mobile home parks in exchange for maintaining an equal or
greater number of deed - restricted affordable dwelling units within Monroe County.
Recommendation:
Consider amending the Land Development Code to allow incentives for a market rate
unit to obtain an affordable ROGO allocation and move the market rate unit to another
site through a transfer of ROGO Exemption (TRE) if the existing site will be deed
restricted for 99 years as affordable.
Responsible Agency: Monroe County Planning & Environmental Resources Department
-21-
N. Name of Strategy: Employee Housing, Commercial Apartments, and Workforce
Housing as Permitted Uses
Established policy and procedure:
The Monroe County Land Development Code currently permits "Employee Housing"
and/or "Commercial Apartments" in several Land Use (Zoning) Districts where
residential units are not otherwise permitted. Per Section 101 -1 of the code:
Employee housing means an attached or detached dwelling unit that is intended to serve
as affordable, permanent housing for working households, which derive at least 70
percent of their household income from gainful employment in the county and meet the
requirements for affordable housing as defined in this section and as per section 130 -161.
Commercial apartment means an attached or detached residential dwelling unit located
on the same parcel of land as a nonresidential use that is intended to serve as permanent
housing for the owner or employees of that nonresidential use. The term does not include
a tourist housing use or vacation rental use.
Responsible Agency: Monroe County Planning & Environmental Resources Department
Recommendation:
The definition and permitted uses sections of the Monroe County Code should be
amended to incorporate the AHAC's (Affordable Housing Advisory Committee)
proposed definitions of "Workforce" and "Workforce Housing" and include Workforce
Housing as a permitted use in all zoning districts that currently permit either Commercial
Apartments or Employee Housing. The goal is to encourage Workforce Housing within
existing commercial centers and zoning districts, but to not require Workforce Housing
residents to work on the site where the housing is located.
AHAC proposed definitions:
Workforce means individuals or families who are gainfully employed supplying goods
and/or services to Monroe County residents or visitors.
Workforce Housing means dwelling units for those who derive at least 70% of their
income as members of the Workforce in Monroe County and who meet the affordable
housing income categories of the Monroe County Code.
O. Name of Stratezy: Purchase and Lease Back Prop-ram
Established policy and procedure:
The County has a purchase and lease -back program for affordable housing.
Responsible Agencies: Monroe County Land Development Authority; Monroe County
Housing Authority.
-22-
EXHIBIT A
LHAP 2017 - 201 8-2019
MONROE COUNTY
Fiscal Year: 2016 -2017
Estimated Allcocation for Calculating:
$
65,202.05
Salaries and Benefits
$
37,000.00
Office Supplies and Equipment
$
15,000.00
Travel Per diem Workshops, etc.
$
2,500.00
Advertising
$
3,000.00
Counselling
$
5,000.00
Other*
$
2,702.05
Total
$
65,202.05
Fiscal Year: 2017 -2018
Estimated Allocation for Calculating:
$
62,952.05
Salaries and Benefits
$
37,000.00
Office Supplies and Equipment
$
15,000.00
Travel Per diem Workshops, etc.
$
2,500.00
Advertising
$
3,000.00
Counselling
$
5,000.00
Other*
$
452.05
Total
$
62,952.05
Fiscal Year 2018 -2019
Estimated Allocation for Calculating:
$
63,452.05
Salaries and Benefits
$
37,000.00
Office Supplies and Equipment
$
15,000.00
Travel Per diem Workshops, etc.
$
2,500.00
Advertising
$
3,000.00
Counselling
$
5,000.00
Other*
$
952.05
Total
$
63,452.05
*All 'other" items need to be detailed here and are subject to review and
approval by the SHIP review committee. Project Delivery Costs that are
outside of adminsitrative costs are not to be included here, but must be
detailed in the LHAP main document.
'?AiE 2 3
EXHIBIT B
Timeline for SHIP Expenditures
LHAP 2017 - 2018 -2019
MONROE COUNTY: affirms that funds allocated for these fiscal years will meet the following deadlines:
Fiscal Year
Encumbered
Expended
I" Year AR
2" Year AR
Closeout AR
2016 -2017
6/30/2018
6/30/2019
9/15/2017
9/15/2018
9/15/2019
2017 -2018
6/30/2019
6/30/2020
9/15/2018
9/15/2019
9/15/2020
2018 -2019
6/30/2020
6/30/2021
9/15/2019
9/15/2020
9/15/2021
If funds allocated for these fiscal years is not anticipated to meet any of the deadlines in the table above,
Florida Housing Finance Corporation will be notified according to the following chart:
Fiscal Year
Funds Not
Encumbered
Funds Not
Expended
1 5 ` Year AR
Not
Submitted
2" Year AR
Not
Submitted
Closeout AR
Not
Submitted
2016 -2017
3/30/2018
3/30/2019
6/15/2017
6/15/2018
6/15/2019
2017 -2018
3/30/2019
3/30/2020
6/15/2018
6/15/2019
6/15/2020
2018 -2019
3/30/2020
3/30/2021
6/15/2019
6/15/2020
6/15/2021
Requests for Expenditure Extensions (close -out year ONLY) must be received by FHFC by June 15 of the
year in which funds are required to be expended. The extension request shall be emailed to
robert.dearduff @floridahousing.org and terry .auringer@floridahousing.org and include:
1. A statement that "(city /county) requests an extension to the expenditure deadline for fiscal
year
2. The amount of funds that is not expended.
3. The amount of funds that is not encumbered or has been recaptured.
4. A detailed plan of how /when the money will be expended.
Note: an extension to the expenditure deadline (June 30) does not relieve the requirement to submit
(September 15) the annual report online detailing all funds that have been expended. Please email
terry ,auringer @floridahousing.org when you are ready to "submit" the AR.
Other Key Deadlines:
AHAC reports are due for each local government by December 31 of the year prior to the local
government's LHAP being submitted. Local governments receiving the minimum or less allocation are not
required to report.
PAGE: 24
-2,15-
Y
ui
O
J
- a
x
ZP
A
aR
a
a=
a=
aR
a2
CPI
aR
e
�
a=
ae
aE
a
2e
a,
8
�p
8
8
8
� d9 3
V
OD
10
O
O
C
O
O
M
n
±+ 1 £
G
t
tD
O
O
C
O
t0
t0
O
Ol
T
p
a I.
id
•
t7
• •
1
p
SO
p
8 O
p
S O
o O
p S o
S
p
8Oo
p
O po
p
pOo
p
pO
p
Opo
p
S po
p
pOp
pp
QO
y�y
pS''
cli
Lo
vi
M
tp
V
to
m
O
C
O
N
C
N
O
0
9 Y
H
44
l i
S ;
_
y
Z
li
_
_
!
W
W
Im
a
�
o x
a
�
I
I
I
E
o
�
I
16
3 :
; , i
i9
69
�
d)
to
Vl
y
N
6s
I
i9
III
I
O
OO
o O
C ;
N
i $3
a
aa
a
Z
WI W
2
ti
IIT
Z
m
g
�'
N 825
0',H yI
a
Q O o" a
� u
O Z
f'': $
f
p
, z
Jal
'
W ' 4 k W I
-
c
S;
o
� Q
o
();OIUI
Z':�91 QI
S
O
O
'C fO
41
M
M
ry
S
'Z lily
16
V
vi
<
ro
O
N
Z
¢
O
o
v m
as
! N
, — i —
'' Q
I (1
-
O
N
I�
co
W
Z 2
}— N o
�
U
p
O
p
O
p
8
!.
S
p
O
p
N t 8
' i, t0
_
S
p
g
S
? O
=
a'
o2 E
$
o
a_;
g
0
25
of
:� (q
Q
O y
O Q '
O�
O�
K {n
LLI
LL 'I�
i W
I
I I I
+
ui
0)
Js w
y
o
O E a
a
I
0
1
c
S n
t
U)
2
a.
C
E
m
9
da
O
z &
3
z
w
{w
J I a
m<
a
c
_RI
m
s
ag
0
LL d
Fi
a
Ej
m
a Y
v ..l
O WU a
fi
a
2
�_
r
Q
O
2
a
v
L'
to
.c5s3�
9
LL
_
m
If
9
22
7
a
Q
2_
T T
A I m
II
CL
-2,15-
EXHIBIT D
LHAP 2017 - 2018 -2019
CERTIFICATION TO
FLORIDA HOUSING FINANCE CORPORATION
Local Government: MONROE COUNTY, FLORIDA
(1) The local government will advertise the availability of SHIP funds pursuant to Florida
Statutes.
(2) All SHIP funds will be expended in a manner which will insure that there will be no
discrimination on the basis of race, creed, religion, color, age, sex, familial or marital
status, handicap, or national origin.
(3) A process for selection of recipients for funds has been developed.
(4) The eligible municipality or county has developed a qualification system for applications
for awards.
(5) Recipients of funds will be required to contractually commit to program guidelines.
(6) The Florida Housing Finance Corporation will be notified promptly if the local
government (or interlocal entity) will be unable to comply with the provisions the plan.
(7) The Local Housing Assistance Plan shall provide for the expenditure of SHIP funds
including allocation, program income and recaptured funds within 24 months following
the end of the State fiscal year in which they are received.
(8) The plan conforms to the Local Government Comprehensive Plan, or that an amendment
to the Local Government Comprehensive Plan will be initiated at the next available
opportunity to insure conformance with the Local Housing Assistance Plan.
(9) Amendments to the approved Local Housing Assistance Plan shall be provided to the
Corporation with in 21 days after adoption.
(10) The trust fund shall be established with a qualified depository for all SHIP funds as well
as moneys generated from activities such as interest earned on loans.
(11) Amounts on deposit in the local housing assistance trust fund shall be invested as
permitted by law.
(12) The local housing assistance trust fund shall be separately stated as a special revenue fund
in the local governments audited financial statements, copies of the audits will be
forwarded to the Corporation as soon as available.
PAGE: 2b
(13) An interlocal entity shall have its local housing assistance trust fund separately audited
for each state fiscal year, and the audit forwarded to the Corporation as soon as possible.
(14) SHIP funds will not be pledged for debt service on bonds or as rent subsidies.
(15) Developers receiving assistance from both SHIP and the Low Income Housing Tax
Credit (LIHTC) Program shall comply with the income, affordability and other LIHTC
requirements, similarly, any units receiving assistance from other federal programs shall
comply with all Federal and SHIP program requirements.
(16) Loans shall be provided for periods not exceeding 30 years, except for deferred payment
loans or loans that extend beyond 30 years which continue to service eligible persons.
(17) Rental Units constructed or rehabilitated with SHIP funds shall be monitored at least
annually for 15 years for compliance with tenant income requirements and affordability
requirements or as required in Section 420.9075 (3)(e)
(18) The Plan meets the requirements of Section 420 - 907 -9079 FS, and Rule Chapter 67 -37
FAC, and how each of those requirements shall be met.
(19) The provisions of Chapter 83 -220, Laws of Florida has or _X_ has not
been implemented. (note: Mia 1 Dade County will check "has ")
X i 23 N" Al X
Witness y CLERK Chief ElIcted Vicial or designee
3 s, CLERK
X y ~ o X 13pathPr Carr uthPrs /Mayor
Witness /a• lk-1 (P Type Name and Title
Date
K'
Attest:
(Seal)
PAGE: 2*