Resolution 627-2006
RESOLUTION
627 - 2006
A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF MONROE
COUNTY, FLORIDA APPROVING AN AMENDMENT TO THE MONROE COUNTY
LOCAL HOUSING ASSISTANCE PLAN (LHAP) FOR STATE OF FLORIDA FISCAL
YEARS 2004-2005, 2005-2006, 2006-2007 ADDING MODERATE INCOME
HOUSEHOLDS TO THE HOUSING REHABILITATION STRATEGY.
WHEREAS, the State Housing Initiatives Partnership (SHIP) Act, SS. 420.907 - 420.9079, Florida Statutes
(1992) and Rule Chapter 67 -37, Florida Administrative code, required local governments to develop a Local
Housing Assistance Plan (LHAP) outlining how funds will be used; and,
WHEREAS, the Monroe County Local Housing Assistance Plan for the State of Florida fiscal years 2004-
2005, 2005-2006, 2006-2007 was previously adopted and amended by the Monroe County Board of County
Commissioners and approved by the Florida Housing Finance Corporation; and,
WHEREAS, the Monroe County Housing Authority, Administrator of the Monroe County State Housing
Initiatives Partnership (SHIP) Program, is recommending approval of the attached amendment in order to
equitably provide for the funding of the HOUSING REHABILlT A nON STRATEGY, maximizing the public
purpose use of said funds and meet expenditure requirements within F.S. 420.907-420-9079.
NOW, THEREFORE, BE IT RESOLVED, by the Board of County Commissioners of Monroe County,
Florida, that the County hereby:
Approves adding Moderate Income Households to the Housing Rehabilitation Strategy of the
Monroe County State Housing Initiatives Partnership (SHIP) Program, Local Housing Assistance
Plan (LHAP), to the eligible income levels to be able to qualify for Monroe County SHIP Program
fimding under the LHAP's Housing Rehabilitation Strategy.
PASSED AND ADOPTED, by the Board of County Commissioners of Monroe County, Florida at a regular
meeting of said Board on the 20th day of Decembe'i A.D., 2006
BOARD OF COUNTY COMMISSIONERS
Mayor Di Gennaro
Mayor Pro Tern Spehar
Commissioner McCoy
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OF MONROE COUNTY, FLORIDA
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Mayor Mario Di Gennaro
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Approved as to legal sufficiency:
MONROE COUNTY ATTORNEY
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~ZANNE A. H TTON
COn;lJTO~Y
Date ~ 11
EXHIBIT "A"
Name: HOUSING REHABILITATION
Description: Funding assistance for housing rehabilitation.
Fiscal Years: 2004-2005,2005-2006 and 2006-2007
Income Level: Very low, low and Moderate
Selection Criteria: Applications accepted from public entities, non-profit housing providers and
individual homeowners for rehabilitation of existing housing. Applications
received at initiation of fiscal year application cycle will be ranked/processed
in order of greatest dollar amount of leverage funds committed to the project.
Secondary ranking will be in order of receipt of application. Subsequent
applications processed on first come/first qualified basis until annual funding
expended.
Type of Assistance: Mortgage loans not to exceed $35,000 inclusive of closing costs. Mortgage
loans will be a deferred payment loan for term of twenty (20) years, zero
interest.
Recapture: Due and payable upon sale or transfer of the property or failure to comply with
the terms of the mortgage.
Other: For the purposes of this strategy 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
HQS deficiencies must be addressed for units rehabilitated under this strategy.
Any households receiving rehabilitation assistance under this strategy are not
eligible for additional SHIP funding for a period of three (3) years. SHIP
commitments to public/non-profit entities will be committed to provide direct
benefit to eligible persons occupying eligible properties.