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Item R2o car County of Monroe ? f fix: BOARD OF COUNTY COMMISSIONERS 0 Mayor David Rice, District 4 The Florida Keys Mayor Pro Tern Sylvia J. Murphy, District 5 , Danny L. Kolhage, District I George Neugent, District 2 Heather Carruthers, District 3 County Commission Meeting July 18, 2018 Agenda Item Summary #4473 ADD ON DAY OF MEETING BULK ITEM: Yes DEPARTMENT: Planning/Environmental Resources TIME APPROXIMATE: STAFF CONTACT: Emily Schemper (305) 289 -2506 n/a AGENDA ITEM WORDING: Approval of a resolution by the Monroe County Board of County Commissioners approving the extension of reservations for one hundred and four (104) affordable housing dwelling unit allocations consisting of one (1) very low income, fifty -one (51) low income, twenty (20) median income and thirty-two (32) moderate income allocations, for a proposed affordable dwelling unit development by Quarry Partners, LLC at property located at approximate mile marker 9, described as a parcel of land in Section 21, Township 67 South, Range 26 East, Big Coppitt Key, Monroe County, Florida, having real estate numbers 00120940 - 000100, 00120940- 000201, and 00120940- 000302, until July 1, 2019 for building permit issuance. ITEM BACKGROUND: Quarry Partners, LLC, is requesting an extension to the reservation approved on September 27, 2017 by BOCC Resolution No. 212 -2017 for 104 Affordable Housing ROGO Allocation Awards for the proposed affordable housing project known as "the Quarry," at property located at approximate mile marker 9, described as a parcel of land in Section 21, Township 67 South, Range 26 East, Big Coppitt Key, Monroe County, Florida, having real estate numbers 00120940 - 000100, 00120940- 000201, and 00120940 - 000302. The ROGO allocations reserved under Resolution No. 212 -2017 consist of One (1) Very Low, Fifty -One (51) Low, Twenty (20) Median and Thirty -Two (32) Moderate Income affordable ROGO allocations [1 +51 +20 +32 =104]. The resolution reserved the allocations until July 1, 2018. The reserved ROGO allocations are necessary for the development of 208 affordable housing dwelling units, for which the applicant has an approved development agreement and an approved major conditional use permit. The building permits for the proposed dwelling units have been reviewed and approved by all plan review disciplines, and are contingent upon the extension of the affordable ROGO allocation reservations. PREVIOUS RELEVANT BOCC ACTION: On September 27, 2017, the BOCC adopted Resolution 212 -2017 reserving 104 affordable housing allocation awards consisting of One (1) Very Low, Fifty -One (51) Low, Twenty (20) Median, and Thirty-Two (32) Moderate Income affordable ROGO allocations [1 +51 +20 +32 =104] for a parcel of land in Section 21, Township 67 South, Range 26 East, Big Coppitt Key, Monroe County, Florida, 4 Having Real Estate Numbers 00120940 - 000100, 00120940 - 000201, and 00120940 - 000302, until July 1, 2018. On January 17, 2018, the BOCC adopted Resolution 025A -2018, approving a development agreement between Monroe County and Quarry Partners, LLC related to the proposed development of 208 attached affordable housing dwelling units on the subject property. CONTRACT/AGREEMENT CHANGES: n/a STAFF RECOMMENDATION: Approval DOCUMENTATION: Resolution - Reservation 104 County ROGOs Quarry ROGO reservation extension request 7_13_2018 BOCC Resolution 212 -2017 AFH Reservation Agenda Item E.6 September 272017 FINANCIAL IMPACT: Effective Date: Expiration Date: Total Dollar Value of Contract: Total Cost to County: Current Year Portion: Budgeted: Source of Funds: CPI: Indirect Costs: Estimated Ongoing Costs Not Included in above dollar amounts: Revenue Producing: Grant: County Match: Insurance Required: Additional Details: If yes, amount: REVIEWED BY: Emily Schemper Completed 07/16/2018 11:55 AM Assistant County Administrator Christine Hurley Completed 07/16/2018 12:49 PM 4 Y` Steve Williams Completed Budget and Finance Completed Maria Slavik Completed Kathy Peters Pending Board of County Commissioners Pending 07/17/2018 11:14 AM 07/17/2018 11:24 AM 07/17/2018 11:37 AM 07/18/2018 9:00 AM 1 i RESOLUTION NO. -2018 A RESOLUTION BY THE MONROE COUNTY BOARD OF COUNTY COMMISSIONERS APPROVING THE EXTENSION OF THE RESERVATION OF ONE HUNDRED AND FOUR (104) AFFORDABLE HOUSING DWELLING UNIT ALLOCATIONS CONSISTING OF ONE (1) VERY LOW INCOME, FIFTY -ONE (51) LOW INCOME, TWENTY (20) MEDIAN INCOME AND THIRTY -TWO (32) MODERATE INCOME ALLOCATIONS, FOR A PROPOSED AFFORDABLE DWELLING UNIT DEVELOPMENT BY QUARRY PARTNERS, LLC, AT PROPERTY LOCATED AT APPROXIMATE MILE MARKER 9, DESCRIBED AS A PARCEL OF LAND IN SECTION 21, TOWNSHIP 67 SOUTH, RANGE 26 EAST, BIG COPPITT KEY, MONROE COUNTY, FLORIDA, HAVING REAL ESTATE NUMBERS 00120940 - 000100, 00120940 - 000201, AND 00120940 - 000302, UNTIL JULY 1, 2019 19 WHEREAS, the State of Florida and all local governments in the Florida Keys (each subject 20 to Area of Critical State Concern mandates relating to housing affordability) recognize the need 21 for affordable housing throughout the state and particularly in the Florida Keys where developable 22 land for housing is extremely limited and expensive; and 23 24 WHEREAS, the challenge of providing affordable housing opportunities hies in the Florida Keys 25 is one requiring sensible_ and responsive use of residential unit allocations, including implementation 26 of long -term preservation mechanisms; and 27 28 WHEREAS, due consideration should be given to relevant factors such as the capacity 29 for allocation recipients to promptly transform allocation awards /reservations into finished and occupied 30 affordable housing units; and 31 32 WHEREAS, the developers have legitimate needs for some assurance that allocations are in 33 fact and will remain available and/or justified for a reasonable time so that follow- through on 34 initial commitments will in fact be justified; and 35 36 WHEREAS, in accordance with Section 138- 24(b)(2) of the Monroe County Land Development 37 Code allows the BOCC to authorize reservations for "specific affordable or employee housing projects 38 participating in a federal /state housing financial assistance or tax credit program or receiving some 39 form of direct financial assistance from the county upon written request from the project sponsor and 40 approved by resolution of the board of county commissioners," and 41 42 WHEREAS, the BOCC, on February 10, 2016, adopted Ordinance 003 -2016 amending the 1 i 1 Monroe County Future Land Use Map from Industrial (I) to Commercial (COMM) for property located 2 at approximate mile marker 9, described as four parcels of land in Section 21, Township 67 South, Range 3 26 East, Rockland Key, Monroe County, Florida, having Real Estate Numbers 00122080.000000, 4 00122081.000200, 00122010.000000 and 00121990.000000; and from Mixed Use /Commercial Fishing 5 (MCF) and Industrial (I) to Mixed Use /Commercial (MC); creating Policy 107.1.6 Big Coppitt 6 Mixed Use Area 1, to provide limitations on development and specific restrictions, for property 7 located at approximate mile marker 9, described as a parcel of land in Section 21, Township 67 South, 8 Range 26 East, Big Coppitt Key, Monroe County, Florida, having Real Estate Number 00120940.000100; 9 as proposed by Rockland Operations, LLC and Rockland Commercial Center, Inc.; and 10 11 WHEREAS, the BOCC, on February 10, 2016, adopted Ordinance 004 -2016 amending 12 the Monroe County Land Use District (Zoning) Map from Industrial (I) and Commercial Fishing Area 13 (CFA) to Mixed Use (MU) for property located at approximate mile marker 9, described as a parcel 14 of land in Section 21, Township 67 South, Range 26 East, Big Coppitt Key, Monroe County, Florida, 15 having Real Estate Number 00120940.000100, and from Industrial (1) to Commercial 2 (C2) for 16 property located at approximate mile marker 9, described as four parcels of land in Section 21, Township 17 67 South, Range 26 East, Rockland Key, Monroe County Florida, having Real Estate Numbers 18 00122080.000000, 00122081.000200, 00122010.000000 and 00121990.000000; as proposed by 19 Rockland Operations, LLC and Rockland Commercial Center, Inc.; and 20 21 WHEREAS, Rockland Operations noticed Monroe County of its intent to apply to the Florida 22 Housing Finance Corporation ( "FHFC ") for Low Income Housing Tax Credit ( "LIHTC ") financial 23 assistance to offset the costs of 96 of its proposed 208 unit development ( "Project "); and 24 25 WHEREAS, as part of the LIHTC application, FHFC requires the applicant to have obtained 26 the necessary ROGOs and for Monroe County to execute a verification that verifies that the applicant 27 has obtained the necessary ROGOs; and 28 29 WHEREAS, Rockland Operations requested Monroe County reserve for a period of one. (1) 30 year Ninety-Six (96) ROGO allocations consisting of Forty -Four (44) Low, Twenty (20) Medium and 31 Thirty- Two (32) Moderate Income affordable ROGO allocations for development of the units proposed 32 as part of the LIHTC application and as part of its Two Hundred Eight (208) dwelling unit proposed 33 development; and. 34 35 WHEREAS, on December 14, 2016, the BOCC adopted Resolution 323 -2016 reserving ninety- 36 six (96) affordable housing ROGO allocations consisting of Forty -Four (44) Low income (60 %), Twenty 37 (20) Medium income (100 %) and Thirty -Two (32) Moderate Income (120 %) affordable ROGO 38 allocations for a parcel of land in Section 21, Township 67 South, Range 26 East, Big Coppitt 39 Key, Monroe County, Florida, Having Real Estate Number 00120940 - 000100 until December 15, 2017; 40 and 41 42 WHEREAS, Resolution 323 -2016 included a provision that the affordable housing 43 units developed with the Forty -Four (44) Low income ROGO allocations reserved by the resolution 44 shall have rent rates limited to 60% median income; and 45 I WHEREAS, the project obtained Low Income Tax Credit Housing (LIHTC) assistance for the 2 development of the 96 units; and 3 4 WHEREAS, the ownership of the parcels has changed to the Quarry Partners, LLC; and 5 6 WHEREAS, the property has the real estate numbers 00120940.000100, 00120940.000201, 7 and 00120940.000302; and 8 9 WHEREAS, Quarry Partners, LLC, August 30, 2017 submitted a revised ROGO reservation request, 10 adding eight (8) additional allocations to the previously reserved 96 allocations and a request to extend the 11 timeframe to July 1, 2018; and 12 13 WHEREAS, the August 30, 2017 letter requested that Monroe County reserve 104 ROGO 14 allocations consisting of One (1) Very Low, Fifty -One (5 1) Low, Twenty (20) Medium and Thirty-Two (32) 15 Moderate Income affordable ROGO allocations [1 +51 +20 +32 =104] for the development of units proposed 16 as part of an additional LIHTC application and State Apartment Incentive Loan program (SAIL) financing 17 as part of its Two Hundred Eight (208) dwelling unit proposed development; and 18 19 WHEREAS, Resolution 212 -2017 reserved 104 ROGO allocations consisting of One (1) Very Low, 20 Fifty -One (51) Low, Twenty (20) Medium and Thirty -Two (32) Moderate Income affordable ROGO 21 allocations [1 +51 +20 +32 =104] for a parcel of land in Section 21, Township 67 South, Range 26 East, Big 22 Coppitt Key, Monroe County, Florida, Having Real Estate Numbers 00120940- 000100, 00120940 - 000201, 23 and 00120940- 000302 until July 1, 2018. 24 25 WHEREAS, on July 13, 2018, Quarry Partners, LLC, submitted a request for the extension 26 of the 104 affordable housing allocation awards; and 27 28 WHEREAS, Monroe County Code Sec.138 -24(b) allows reservation of affordable ROGO 29 allocations by the Board for specific housing programs, which includes FHFC LIHTC and SAIL; and 30 31 WHEREAS, the reservation of affordable housing allocations for the anticipated Project does 32 not exempt the project from applicable requirements in the Monroe County Comprehensive Plan 33 (including the requirement for a development agreement), Land Development Code, Building Code, 34 and other regulatory requirements; 35 36 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY 37 COMMISSIONERS OF MONROE COUNTY, FLORIDA: 38 39 Section 1: 104 total ROGO allocations consisting of One (I) Very Low, Fifty -One (51) Low, 40 Twenty (20) Medium and Thirty-Two (32) Moderate Income [1 +51 +20 +32 =104] affordable ROGO 41 allocations are reserved for parcels of land in Section 21, Township 67 South, Range 26 East, Big 42 Coppitt Key, Monroe County, Florida, Having Real Estate Numbers 00120940.000100, 43 00120940.000201, and 00120940.000302 until July 1, 2019 for building permit issuance. 3 r 1 2 3 4 5 6 7 Section 2: The affordable housing units developed with the Fifty -one (51) Low income ROGO allocations reserved by this resolution shall have rent rates limited to 60% median income. PASSED AND ADOPTED by the Board of County Commissioners of Monroe County, Florida, at a regular meeting of said Board held on the 18 day of July, 2018. 8 Mayor David Rice 9 Mayor Pro Tem Sylvia Murphy 10 Commissioner Danny Kolhage 11 Commissioner Heather Carruthers 12 Commissioner George Neugent 13 14 15 (SEAL) 16 Attest: KEVIN MADOK, Clerk 17 18 19 By: 20 Deputy Clerk BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA By: Mayor 11 V Schemper -Emily From: Bart Smith <bart @smithhawks.com> Sent: Friday, July 13, 2018 2:38 PM To: Schemper -Emily Subject: ROGO Reservation extension request Emily, Please allow this to stand as Quarry Partners, LLC's request to extend its ROGO reservation under Resolution 212 -2017 and 2013 -2017. Please note my clients position is that the development agreement locks in the ROGO reservation and that it reserves this position, notwithstanding the request contained herein. Please let me know if you need anything further. Regards, Bart Barton W. 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To find out more Click Here RESOLUTION NO. 212 -2017 A RESOLUTION BY THE MONROE COUNTY BOARD OF COUNTY COMMISSIONERS APPROVING THE RESERVATION OF ONE HUNDRED AND FOUR (104) AFFORDABLE HOUSING DWELLING UNIT ALLOCATIONS CONSISTING OF ONE (1) VERY LOW INCOME, FIFTY -ONE (51) LOW INCOME, TWENTY (20) MEDIAN INCOME AND THIRTY -TWO (32) MODERATE INCOME ALLOCATIONS, FOR A PROPOSED AFFORDABLE DWELLING UNIT DEVELOPMENT BY QUARRY PARTNERS, LLC, AT PROPERTY LOCATED AT APPROXIMATE MILE MARKER 9, DESCRIBED AS A PARCEL OF LAND IN SECTION 21, TOWNSHIP 67 SOUTH, RANGE 26 EAST, BIG COPPITT KEY, MONROE COUNTY, FLORIDA, HAVING REAL ESTATE NUMBERS 00120940. 000100, 00120940 - 000201, AND 00120940- 000302, UNTIL JULY 1, 2018. WHEREAS, the State of Florida and all local governments in the Florida Keys (each subject to Area of Critical State Concern mandates relating to housing affordability) recognize the need for affordable housing throughout the state and particularly in the Florida Keys where developable land for housing is extremely limited and expensive; and WHEREAS, the challenge of providing affordable housing opportunities in the Florida Keys is one requiring sensible and responsive use of residential unit allocations, including implementation of long -term preservation mechanisms; and WHEREAS, due consideration should be given to relevant factors such as the capacity for allocation recipients to promptly transform allocation awards /reservations into finished and occupied affordable housing units; and WHEREAS, the developers have legitimate needs for some assurance that allocations are in fact and will remain available and/or justified for a reasonable time so that follow - through on initial commitments will in fact be justified; and WHEREAS, in accordance with Section 138- 24(b)(2) of the Monroe County Land Development Code allows the BOCC to authorize reservations for "specific affordable or employee housing projects participating in a federal/state housing financial assistance or tax credit program or receiving some form of direct financial assistance from the county upon written request from the project sponsor and approved by resolution of the board of county commissioners," and WHEREAS, the BOCC, on February 10, 2016, adopted Ordinance 003 -2016 amending the Monroe County Future Land Use Map from Industrial (I) to Commercial (COMM) for property located at approximate mile marker 9, described as four parcels of land in Section 21, Township 67 South, Range 26 East, Rockland Key, Monroe County Florida, having Real Estate Numbers 00122080.000000, 00122081.000200, 00122010.000000 and 00121990.000000; and from Mixed Use /Commercial Fishing (MCF) and Industrial (I) to Mixed Use /Commercial (MC); creating Policy 107.1.6 Big Coppitt Mixed Use Area 1, to provide limitations on development and specific restrictions; for property located at S approximate mile marker 9, described as a parcel of land in Section 21, Township 67 South, Range 26 East, Big Coppitt Key, Monroe County, Florida, having Real Estate Number 00120940.000100; as proposed by Rockland Operations, LLC and Rockland Commercial Center, Inc.; and WHEREAS, the BOCC, on February 10, 2016, adopted Ordinance 004 -2016 amending the Monroe County Land Use District (Zoning) Map from Industrial (I) and Commercial Fishing Area (CFA) to Mixed Use (MU) for property located at approximate mile marker 9, described as a parcel of land in Section 21, Township 67 South, Range 26 East, Big Coppitt Key, Monroe County, Florida, having Real Estate Number 00120940.000100, and from Industrial (1) to Commercial 2 (C2) for property located at approximate mile marker 9, described as four parcels of land in Section 21, Township 67 South, Range 26 East, Rockland Key, Monroe County Florida, having Real Estate Numbers 00122080.000000, 00122081.000200, 00122010.000000 and 00121990.000000; as proposed by Rockland Operations, LLC and Rockland Commercial Center, Inc.; and WHEREAS, Rockland Operations noticed Monroe County of its intent to apply to the Florida Housing Finance Corporation ( "FHFC ") for Low Income Housing Tax Credit ( "LIHTC ") financial assistance to offset the costs of 96 of its proposed 208 unit development ( "Project "); and WHEREAS, as part of the LIHTC application, FHFC requires the applicant to have obtained the necessary ROGOs and for Monroe County to execute a verification that verifies that the applicant has obtained the necessary ROGOs; and WHEREAS, Rockland Operations requested Monroe County reserve for a period of one (1) year Ninety -Six (96) ROGO allocations consisting of Forty -Four (44) Low, Twenty (20) Medium and Thirty - Two (32) Moderate Income affordable ROGO allocations for development of the units proposed as part of the LIHTC application and as part of its Two Hundred Eight (208) dwelling unit proposed development; and WHEREAS, on December 14, 2016, the BOCC adopted Resolution 323 -2016 reserving ninety- six (96) affordable housing ROGO allocations consisting of Forty -Four (44) Low income (60 %), Twenty (20) Medium income (100 %) and Thirty -Two (32) Moderate Income (120 %) affordable ROGO allocations for a parcel of land in Section 21, Township 67 South, Range 26 East, Big Coppitt Key, Monroe County, Florida, Having Real Estate Number 00120940- 000100 until December 15, 2017; and WHEREAS, Resolution 323 -2016 included a provision that the affordable housing units developed with the Forty -Four (44) Low income ROGO allocations reserved by the resolution shall have rent rates limited to 60% median income; and WHEREAS, the project obtained Low Income Tax Credit Housing ( LIHTC) assistance for the development of the 96 units; and WHEREAS, the ownership of the parcels has changed to the Quarry Partners, LLC; and WHERES, the property has the real estate numbers 00120940.000100, 00120940.000201, and 00120940.000302; and WHEREAS, Quarry Partners has submitted a revised reservation request, adding eight (8) additional allocations to the previously reserved 96 allocations and extending the timeframe to July 1, j- a 2018; and WHEREAS, Quarry Partners has requested that Monroe County reserve 104 ROGO allocations consisting of One (1) Very Low, Fifty -One (5 1) Low, Twenty (20) Medium and Thirty -Two (32) Moderate Income affordable ROGO allocations [1 +51 +20 +32 =104] for the development of units proposed as part of an additional LIHTC application and State Apartment Incentive Loan program (SAIL) financing as part of its Two Hundred Eight (208) dwelling unit proposed development; and WHEREAS, Monroe County Code Sec. 138 -24(b) allows reservation of affordable ROGO allocations by the Board for specific housing programs, which includes FHFC LIHTC and SAIL; and WHEREAS, the reservation of affordable housing allocations for the anticipated Project does not exempt the project from applicable requirements in the Monroe County Comprehensive Plan (including the requirement for a development agreement), Land Development Code, Building Code, and other regulatory requirements; and NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA: Section 1: 104 total ROGO allocations consisting of One (1) Very Low, Fifty -One (5 1) Low, Twenty (20) Medium and Thirty-Two (32) Moderate Income [1 +51 +20 +32 =104] affordable ROGO allocations are reserved for parcels of land in Section 21, Township 67 South, Range 26 East, Big Coppitt Key, Monroe County, Florida, Having Real Estate Numbers 00 120940.000100, 00120940.00020 1, and 00120940.000302 until July 1, 2018. Section 2: The affordable housing units developed with the Fifty -one (51) Low income ROGO allocations reserved by this resolution shall have rent rates limited to 60% median income. PASSED AND ADOPTED by the Board of County Commissioners of Monroe County, Florida at a special meeting of the Board held on the 27thday of September 2017. . O O w x CD O W LA_ O LU o+ w t3. t N a w n= _ vo ]C U J co V O z BY A"V_ Z. Mayor George Neugent MONROE COUNTY ATTORNEY AP E D AS j91 FORM: S cV_=N 1'. 'WILLIAMS ASSISTANT UN ATTORNEY oat. �P, J 7 Mayor George Neugent Yes Mayor Pro Tem David Rice Yes Commissioner Danny Kolhage Yes Commissioner Sylvia Murphy Yes Commissioner Heather Carruthers Yes BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FI ORMA County of Monroe ThC011da K@ �o 1 BOARD OF COUNTY COMMISSIONERS Mayor George Neugent, District 2 Mayor Pro Tem David Rice, District 4 Danny L. Kolhage, District 1 ® r, Heather Carruthers, District 3 Sylvia J. Murphy, District 5 County Commission Meeting October 18, 2017 A Item Number: E.6 Agenda Item Summary #3361 BULK ITEM: Yes DEPARTMENT: Planning/Environmental Resources TIME APPROXIMATE: STAFF CONTACT: Mayte Santamaria (305) 289 -2500 n/a AGENDA ITEM WORDING: Approval of a resolution by the Monroe County Board of County Commissioners approving the reservation of one hundred and four (104) affordable housing dwelling unit allocations consisting of one (1) very low income, fifty -one (51) low income, twenty (20) median income and thirty-two (32) moderate income allocations, for a proposed affordable dwelling unit development by Quarry Partners, LLC at property located at approximate mile marker 9, described as a parcel of land in Section 21, Township 67 South, Range 26 East, Big Coppitt Key, Monroe County, Florida, having real estate numbers 00120940 - 000100, 00120940 - 000201, and 00120940- 000302, until July 1, 2018. ITEM BACKGROUND: The applicant is requesting the reservation of 104 ROGOs (adding 8 allocations to the previously reserved 96 allocations) to apply for state low income housing tax credits (LIHTC) and the State Apartment Incentive Loan program. The deadline to apply for the state assistance is September 28, 2017. On December 14, 2016, the BOCC adopted Resolution 323 -2016 reserving ninety -six (96) affordable housing ROGO allocations consisting of Forty -Four (44) Low income (60 %), Twenty (20) Medium income (100 %) and Thirty -Two (32) Moderate Income (120 %) affordable ROGO allocations for a parcel of land in Section 21, Township 67 South, Range 26 East, Big Coppitt Key, Monroe County, Florida, Having Real Estate Number 00120940 - 000100 until December 15, 2017. In June 2017, Quarry Partners, LLC, submitted applications for a development agreement and major conditional use for development of the property as a 208 - dwelling unit affordable housing project. Quarry Partners, LLC, has submitted a revised ROGO reservation request, adding eight (8) additional allocations to the previously reserved 96 allocations and a request to extend the timeframe to July 1, 2018. Quarry Partners has now requested that Monroe County reserve 104 ROGO allocations consisting of One (1) Very Low, Fifty -One (51) Low, Twenty (20) Medium and Thirty -Two (32) Moderate Income affordable ROGO allocations [1 +51 +20 +32 =104] for the development of units proposed as r r r part of an additional LIHTC application and State Apartment Incentive Loan program (SAIL) financing as part of its Two Hundred Eight (208) dwelling unit proposed development. The utilization of LIHTC tax credits and SAIL financing provides units that are below the Low Income threshold and at or near the Very Low Income threshold (50% of Median vs. 60% of Median). The following table demonstrates the unit breakdowns: The subject property: FLUM LIHTC/ % of Maximum Reservation of total Develo ment ROGO allocations 20% Very Low (50% of Median) 42.6 1 very low (50% of median) 50% and Low (80% of Median) 51 low (60% of median) 10% Median (100% of Median) 21.3 20 (100% of median) 19% Moderate (120% of Median) 150 32 (120% of median) 30% Total Number of units 213 104 The subject property: S z PREVIOUS RELEVANT BOCC ACTION: On December 10, 2014, at a regularly scheduled meeting, the Board of County Commissioners adopted Resolution 375 -2014, transmitting to the state land planning agency an ordinance amending the FLUM for the subject property from MCF and I to COMM and MC. On July 15, 2015, at a regularly scheduled meeting, the Board of County Commissioners approved sending a request to the State Land Planning Agency requesting an extension of time to adopt the Future Land Use Map amendments transmitted to the State Land Planning Agency on December 10, 2014 via Resolution 374 -2014 (two parcels on Key Largo) and Resolution 375 -2014 (for four parcels on Rockland Key and one parcel on Big Coppitt). On November 17, 2015, at a regularly scheduled meeting, the Board of County. Commissioners continued the public hearing for the proposed FLUM amendment from MCF and I to COMM and MC and the corresponding subarea policy to February 10, 2016. On February 10, 2016, at a regularly scheduled meeting, the Board of County Commissioners adopted Ordinance 003 -2016 amending the Monroe County Future Land Use Map from Industrial (I) to Commercial (COMM) for property located at approximate mile marker 9, described as four parcels of land in Section 21, Township 67 South, Range 26 East, Rockland Key, Monroe County Florida, having Real Estate Numbers 00122080.000000, 00122081.000200, 00122010.000000 and 00121990.000000; and from Mixed Use /Commercial Fishing (MCF) and Industrial (1) to Mixed Use /Commercial (MC); creating Policy 107.1.6 Big Coppitt Mixed Use Area 1 to provide limitations on development and specific restrictions; for property located at approximate mile marker 9, described as a parcel of land in Section 21, Township 67 South, Range 26 East, Big Coppitt Key, Monroe County, Florida, having Real Estate Number 00120940.000100; as proposed by Rockland Operations, LLC and Rockland Commercial Center, Inc. On February 10, 2016, at a regularly scheduled meeting, the Board of County Commissioners adopted Ordinance 004 -2016 amending the Monroe County Land Use District (Zoning) Map from Industrial (I) and Commercial Fishing Area (CFA) to Mixed Use (MU) for property located at approximate mile marker 9, described as a parcel of land in Section 21, Township 67 South, Range 26 East, Big Coppitt Key, Monroe County, Florida, having Real Estate Number 00120940.000100, and from Industrial (1) to Commercial 2 (C2) for property located at approximate mile marker 9, described as four parcels of land in Section 21, Township 67 South, Range 26 East, Rockland Key, Monroe County Florida, having Real Estate Numbers 00122080.000000, 00122081.000200, 00 1220 10.000000 and 00121990.000000; as proposed by Rockland Operations, LLC and Rockland Commercial Center, Inc. On December 14, 2016, the BOCC adopted Resolution 323 -2016 reserving ninety -six (96) affordable housing ROGO allocations consisting of Forty -Four (44) Low income (60 %), Twenty (20) Medium income (100 %) and Thirty -Two (32) Moderate Income (120 %) affordable ROGO allocations for a parcel of land in Section 21, Township 67 South, Range 26 East, Big Coppitt Key, Monroe County, Florida, Having Real Estate Number 00120940 - 000100 until December 15, 2017. CONTRACT /AGREEMENT CHANGES: n/a Y STAFF RECOMMENDATION: Approval DOCUMENTATION: Quarry Partners ROGO Reservation Resolution — 9.2017 for 104 ROGOs QUARRY ROGO RESERVATION REQUEST 08 -30 -2017 Resolution 323 - 2016_96 ROGOs_Big Coppitt Q2 Dec 14 2016 BOCC Agenda FINANCIAL IMPACT: Effective Date: Expiration Date: Total Dollar Value of Contract: Total Cost to County: Current Year Portion: Budgeted: Source of Funds: CPI: Indirect Costs: Estimated Ongoing Costs Not Included in above dollar amounts: Revenue Producing: Grant: County Match: Insurance Required: Additional Details: If yes, amount: REVIEWED BY: Mayte Santamaria Completed 08/31/2017 3:04 PM Assistant County Administrator Christine Hurley Completed 08/31/2017 3:07 PM Steve Williams Completed 08/31/2017 3:21 PM Jaclyn Carnago Completed 09/01/2017 9:01 AM Budget and Finance Skipped 08/31/2017 3:01 PM Maria Slavik Skipped 08/31/2017 3:01 PM Kathy Peters Completed 09/01/2017 2:14 PM Board of County Commissioners Completed 09/20/2017 9:00 AM Board of County Commissioners Pending 09/27/2017 4:00 PM