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Item M2 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: February 19, 2014 Division: Monroe County Housing Authority Bulk Item: Yes x No Department: MC SHIP PROGRAM Staff Contact Person/Phone#: J. Manuel Castillo, Sr., Executive Director 305-296-5621 AGENDA ITEM WORDING: A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA APPROVING AND ADOPTING A LEVERAGING HOUSING REHABILITATION STRATEGY TO THE STATE HOUSING INITIATIVE PARTNERSHIP (SHIP) PROGRAM THREE YEAR 2014-2015-2016 LOCAL HOUSING ASSISTANCE PLAN;AND PROVIDrNG FOR AN EFFECTIVE DATE. ITEM BACKGROUND: The 2014-2015-2016 LHAP did not contain a provision or strategy to leverage of SHIP funds with other county programs. The Monroe County Weatherization Program has been identified as needing additional funding in order to provide enough funding to adequately rehabilitate homes for the 200% of poverty residents of Monroe County. PREVIOUS RELEVANT BOCC ACTION: Approval of 2005-2006-2007 LHAP BOCC Reso 157-2004. Approval of 2008-2009-2010 LHAP BOCC Reso 122-2007. Approval of 2011-2012-2013 LHAP BOCC Reso 118-2010. Approval of 2014-2015-2016 LHAP BOCC Reso 128-2013. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATIONS: Approval. TOTAL COST: N/A INDIRECT COST: BUDGETED: Yes No x DIFFERENTIAL OF LOCAL PREFERENCE: COST TO COUNTY: N/A SOURCE OF FUNDS: MC SHIP PROGRAM REVENUE PRODUCING: Yes No x AMOUNT PER MONTH Year APPROVED BY: County Atty7Z"�' OMB/Purchasing Risk Management DOCUMENTATION: Included x Not Required DISPOSITION: AGENDA ITEM# Revised 7/09 RESOLUTION - 2014 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA APPROVING AND ADOPTING A LEVER-AGING HOUSING REHABILITATION STRATEGY TO THE STATE HOUSING INITIATIVE PARTNERSHIP (SHIP) PROGRAM THREE YEAR 2014-2015-2016 LOCAL HOUSING ASSISTANCE PLAN; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, on April 17, 2013 the Monroe County Board of County Commissioners approved and adopted the State Housing Initiative Partnership (SHIP) Program Three Year Local Housing Assistance Plan (LHAP) as required by ss. 420.907-420-9079, Florida Statutes for fiscal years 2013-2014/2014-2015 and 2015-2016 via County Resolution 128-2013; and WHEREAS, the approved 2014/2015/2016 LHAP did not include a strategy in its LHAP Housing Strategies for Homeowner Rehabilitation Leveraging; and WHEREAS, the SHIP Program has identified an urgent need to leverage SHIP funds with the Monroe County Weatherization Program to provide adequate funding for homeowner rehabilitation for the 200% of poverty level residents of Monroe County; and WHEREAS, the maximum amount of each award will be $35,000 of which $20,000 per eligible household will be a grant and any additional funds to the maximum award amount will be deferred payment loans at zero percent for five (5) years and forgiven at maturity; and WHEREAS, set aside and use restrictions have been placed on the Mortgage Settlement Funds received from the Florida Housing Finance Corporation to prioritize funding to the elderly, disabled and challenged residents of the County. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA that: The Monroe County Board of'County Commissioners hereby approves the addition of the II LHAP HOUSING STRATEGIES: B: HOMEOWNER REHABILITA TION— LE VERA GING SHIP PR OGRAM FUNDS WITH THE WEA THE,RIZ4 TION ASSISTANCE PROGRAM Strategy to the 2014-2015-2016 SHIP LI-IAP PASSED AND ADOPTED by the Board of County Commissioners of Monroe County, Florida at a regular meeting of said Board on the IV' day of February, 2014. Mayor Sylvia Murphy Mayor Pro Tem Danny Kolhage ............. Commissioner George Neugent Commissioner Heather Carruthers Commissioner David Rice SEAL: ATTEST: Monroe County Clerk BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA BY: BY: Deputy Clerk Mayor Sylvia Murphy Mot E CIOUN'"D '0 A Approved as to legal sufficiency: Date: EDR"61 M CADO AS Date- 11. LHAP HOUSING STRATEGIES: B. Name of the Strategy: HOMEOWNER REHABILITATION—LEVERAGING SHIP PROGRAM FUNDS WITH WEATHERIZATION ASSISTANCE PROGRAM A. Summary of the Strategy: Funding assistance for housing rehabilitation. B. Fiscal Years Covered: 2013-2014/2014-2015/2015-2016 C. Income Categories to be served: 200% of National Poverty Level—Federal Weatherization Assistance Program (see Income Limits attached Exhibit 11 B.) D. Maximum award is noted on the Housing Delivery Goals Charts: Maximum awards not to exceed $35,000 for housing rehabilitation. The first $20,000.00 will be a grant. The next $15,000.00, if funded, will be a mortgage, Project Delivery and other costs in excess of the maximum award will be a grant to the borrower. E. Terms, Recapture and Default: Loans will be a deferred payment loan for a period of five (5) years with zero % interest and forgiven at the end of the five (5) year term. The loan will be due and payable in full upon sale or transfer of the property prior to the five (5) year anniversary. In the event of the death of the last surviving homeowner, any SHIP 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 will be accepted from the Monroe County Social Services Department on a first come, first ready basis. G. Sponsor Selection Criteria; N/A G. Additional Information: 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. Any 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. CD w w w tw - 601) tv w " w ww LA C a) ® C� C) a7 C>CN as wa ve to k 'p w w N w D CD a -P r,D .A �,D uP u� to "tom :P � w w c wVtwn w .4 o a14 Gwa twi, t y w coo, w t (A G h� y p t c.n ao 4L. 9 -fit4 p q ""3 o a ► w ar 00 w ao w as w oa N O 14 w-. � ON w u%tO th Ct} O p c� C7 LHAP Exhibit E 2013 67-37.005 (1)F.A.C. RESOLUTION12&- 2013 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 5% 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 LHAP Exhibit E 2013 67-37.005 (1) F.A.C. 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 1: 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. 420.907r420-9079, Florida Statutes, for fiscal years 2013-2014/2014-2015/2015-2016. Section 2: The Mayor 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: Monroe county, a small county, as defined in s. 120.52(17) is an eligible municipality receiving a local housing distribution of up to $350,000, elects to utilize 10% of the local housing distribution plus 10% of program income deposited into the trust fund for administrative costs. Section 4: 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 17T14 day of April, 2013. AM Mayor George' Neugent Yes Mayor Pro Tern Heather Carruthers Yes Commissioner Danny Kolhage Yes cr, CD Commissioner David Rice Yes Commissioner Sylvia Murphy Yes SEAL: AMY H,EAVILIN, Clerk ATTEST: Monroe County Clerk BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA BY BY: Deputy Clerk Mayor George Nugent Approved as to legal sufficiency: MONR, COUNTY RNE Date: Ov PAS STANT COU K NEY 4< FLORMA ) 4'�+a P n r _ 'a fi 1F"& B q .. �s EXHIBIT E RESOLUTION NO. 118 — 2010 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 AUTHORIZING THE USE OF 10% OF THE LOCAL HOUSING DISTRIBUTION PLUS 5°fro OF PROGRAM INCOME TO BE UTILIZED FOR ADMINISTRATIVE EXPENSES; 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(7), 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 5% 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; and WHEREAS, the Monroe County Housing Authority has prepared a three-year Local Housing Assistance Plan for submission to the Florida Housing Finance Corporation; and 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 1: The Board of County Commissioners of Monroe County 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 2010-2011/2011-2012/2012- 2013. Section 2: The Mayor 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: The Board of County Commissioners of Monroe County hereby authorizes the use of 10% of the local housing distribution plus 5% of program income to be utilized for administrative costs. Section 4: This resolution shall take effect immediately upon its adoption, PASSED AND ADOPTED by the Board of Board of County Commissioners of Monroe County, Florida at a regular meeting held on the 2 I't day of April, 2010. 1�j -" Ea > F= Mayor Sylvia Murphy Yesti ;= Mayor Pro Tern Heather Carruthers Yes Commissioner Kim Wigington Yes Commissioner George Neugent Yes -0 Commissioner Mario DiGennaro Yes C.0 .71 C) (SEAL) CD ATTEST: DANNY L. KOLHAGE, CLERK BOARD OF COUNTY COMISSIONERS OF MOROE COUNTY FLORIDA By By: Deputy Clerk S*yla M y, Mayor p a Approved as to I I sufficiency: Date: 8TATE OF FLoRII]A .m COUNTY OF Molqpio This Ca Py i s a True Ct v. Original on File in this y hand and Official Seal. Witness. This � day of A.D,, 20 AIYNY L. CLHAGE Cirr U t Court Ay D.C.