Resolution 221-1997
(R~Vised Resolution 6/10/97)
RESOLUTION # 221-1997
A RESOLUTION OF THE BOARD OF COUNTY
C01.1NIISSIONERS OF MONROE COUNTY,
FLORIDA AUTHORIZING Al'v1END~NT ONE
TO MONROE COUNTY'S STATE HOUSING
INITIATIVE PARTNERSHIP (SHIP) LOCAL
HOUSING ASSISTANCE PLAN FOR FISCAL
YEARS 1995-1996, 1996-1997, AND 1997-1998.
3: 1..0 ..."
0 0 0:> -
:r :".::::'" ~
<- ,
.::0 ' -~ fTJ
o (J ::;; ;c...
r..... Z 0
rrtA-<
n' , N ."
C\). en 0
~;:o ;7.: A)
--, 0 -c :::0
-lns- :Jl:
:<:-i=: f'Tl
"TI )> .r:- C")
.. 0
,..... C>
l> ...., ;:0
... 0
, , '
WHEREAS, by County Resolution 105-1995 approved the local housing
assistance plan for fiscal years 1995-1996, 1996-1997, and 1997-1998; and
WHEREAS, in support of County Ordinance 03-1997 in coordination with ,the
State of Florida the County applied for CDBG funds and allocated local SH;IP'for
leveraging in support of required septic tank replacement and correcting Housing Quality
Standards for very-low and low income homeowners; and . -
WHEREAS, the 1997 legislative changes to Florida Statue 420 directly affect the
SHIP program implementation requirements for FY 1997-1998 requiring a minimum of
30% of allocated funds to benefit very-low income persons with an additional 30% of
allocated funds to benefit low income persons; and
WHEREAS, the State of Florida through the Florida Housing Finance Agency has
financially supported an affordable housing ownership project known as SaItPonds
providing 29 units for very-low income persons with additional 79 units for low income
persons; and
WHEREAS, affordable housing ownership opportunities remain limited for very-
low, low and moderate income persons with minimum funding assistance sources.
NOW, THEREFORE, BE IT RESOLVED, that the Monroe County Board of County
Commissioners hereby approves and adopts Amendment One to Local Housing
Assistance Plan:
Amendment One
1. Funding for Strategy 4 ( Loan Guarantee and Repurchase Fund) shall be allocated
. to the Homeownership strategies, specifically FY 1996-97 in the approved budgeted
amount of $98,124 from Loan GuaranteelRepurchase Account #700400-554-497, Fund
153 to HomeownershiplRehabilitation Existing Account # 700200-554-492, Fund 153
and ior FY 1997-98 authorized the proposed budget amount of $49,062 under Loan
Guarantee and Repurchase to be transferred to Homeownership Accounts #700200-554-
492 Do\m Payment Assistance Account and #700200-554-493 Emergency Homeowner
Repair,
Fund 153 in the proportionate amounts deemed by SHIP Administrator for submittal to
the BOCC in FY 1998 budget (October 1, 1997-September 30, 1998) for consideration
and approval.
2. Set-aside $350,000 under Account # 700200-554-492 (homeowner down payment
assistance) for project-specific participation of eligible very-low and low income
personslhouseholds who qualify to participate in the affordable housing homeownership
opportunities at SaltPonds Condominium in accordance' with the written agreement
between the owner Greater Miami Neighborhoods, Inc. and the Special Programs Office,
Monroe County Housing Authority or its designee. For any reason should this project be
delayed beyond SHIP budget authority time requirements and/or not materialize then,.~e
$350,000 shall remain in the Homeowner Down paymentJExisting Rehabilitation
Assistance account and not be project-specific unless otherwise authorized by the BOCC.
3. In direct support of the County's CDBG Housing application's priority of septic tank
replacement for very-low and low income homeowners the SHIP program administrator
is directed to rollover $31,000 from ACCOlUlt #700200-554-493, Homeowner Emergency
Repair from the Fiscal Year 1996-1997 to the same Account in the Fiscal Year 1997-
1998 SHIP budget. The revised budget amount of $80,062 for Account #700200-554-
493 shall be in direct support of septic replacement for very-low and low income
participants under the CDBG program unless otherwise not required.
4. The original average SHIP cost per unit projected are hereby revised for the following
strategies' implementation under FY 96-97 and FY 97-98 budgets based on the current
changes to SHIP expenditure allocation requirements under F.S. 420; current SHIP State
Rule requirements; implementation of County Ordinance 03-1997; and current real estate
conditions for existing and new homes that meet SHIP sales price regulations;
Homeownership Down Payment & Closing Costs !Rehabilitation Assistance
up to $25,000. (To meet U.S. Department of Housing and Urban
Development's Housing Quality Standards and any known county code
violations.) Additional $5,000 based on the need to install state-mandated
septic system.
Homeownership Emergency Repairs Assistance up to $20,000.
Includes eligibility of installation of state-mandated septic system.
Homeownership Counseling Services up to $25,000 for FY 97-98.
Rental Strategies (Rental Rehabilitation and/or emergency repairs)
up to $15,000 per unit based on owner's matching funds.
All SHIP funds in excess of $5,000 per unit under all strategies shall be
secured by a mortgage and note and subject to recapture covenants.
The SHIP administrator shall formulate any necessary changes to SHIP
program procedures to meet the requirements of Florida Statue and SHIP
Administrative Rule.
.'
Any recaptured SHIP funds or Program Income shall be subject to 5%
administrative fee in accordance with Florida Statue 420 effective July 1,
1997. '
00'
PASSED and ADOPTED, by the Board of County Commissioners of Monroe County,
Florida, at a regular meeting of said Board held on the 18th day of June . ,A.D.
1997.
,..--~.."~,,,::::~:--
t~,\ t; "t"
;.'.....r.................
./f~:--
BOARD OF COUNTY COM1v1ISSIONERS
OF MO 0 CO , FLORIDA
I".:
Douglass, Mayor/Chairman
.,... ,
. : .f.
./ r
(SEAt)
ATTEST:
..,.~'''' .
~~c..~~
Danny Kohlage, Clerk of the Court
Mayor Douglass
Mayor Pro Tern London
Commissioner Freeman
Commissioner Harvey
Commissioner Reich,
yes
yes
absent
yes
yes
shipmcamenl rev
A~ '-0 fO
APPROV~I? '-\\iI-;ClI: I
At"O \ 1'':.\',' .,