Resolution 157-2004
RESOLUTION NO. ~ -2004
A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF MONROE
COUNTY, FLORIDA APPROVING MONROE COUNTY'S LOCAL HOUSING
ASSISTANCE PLAN FOR STATE OF FLORIDA FISCAL YEARS 2004.2005, 2005-2006,
2006-2007; AUTHORIZING THE SUBMISSION OF THE LOCAL HOUSING ASSISTANCE
PLAN FOR REVIEW AND APPROVAL BY THE FLORIDA HOUSING FINANCE
CORPORA TION
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, it continues to be found that 5% of the Local Housing Distribution is insufficient to adequately
pay the administrative costs of the SHIP Program. The cost of administering the program may not exceed
10% of the local housing distribution; and
WHEREAS, the Special Programs Office, Monroe County Housing Authority, as Administrator of Monroe
County's SHIP Program, has conducted a public hearing to accept input on the matter and prepared a three-
year Local Housing Assistance Plan for submission to the Florida Housing Finance Corporation,
NOW THEREFORE, BE IT RESOLVED, by the Board of County Commissioners of Monroe County,
Florida, that the County hereby:
Approves the 2004-2005,2005-2006,2006-2007 Monroe County Local Housing Assistance Plan,
attached hereto as "Exhibit A" for submission to the Florida Housing Finance Corporation as
required by FS 420.907-420-9079, Florida Statute, and authorizes the Mayor to execute the
required Certifications necessary for submission, attached hereto as "Exhibit B".
PASSED AND ADOPTED, by the Board of County Commissioners of Monroe County, Florida at a
regular meeting on said Board on the 21st day of April, A.D., 2004
Yes
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By:
BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNTY FLOR~A ~
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Approved as to form and legal sufficiency
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'BoC,c. EXJ...{IBiT A
MONROE COUNTY
LOCAL HOUSING ASSISTANNCE PLAN
Prepared in conjunction with the
STATE HOUSING INITIA VITES
PARTNERSHIP (SHIP) PROGRAM
For State Fiscal Years
2004- 2005
2005-2006
2006- 2007
Prepared by
Special Programs Office
Monroe County Housing Authority
1403 12th Street
Key West, Florida 33040
APRIL 2004
MONROE COUNTY
STATE HOUSING INITIATIVE PARTNERSHIP (SHIP) PROGRAM
LOCAL HOUSING ASSISTANCE PLAN (LHAP)
FOR STATE FISCAL YEARS 2004-2005, 2005-2006 & 2006-2007
TABLE OF CONTENTS
I. PROGRAM DESCRIPTION
A. Participating Local Government
B. Purpose and Description of the program
C. Fiscal years covered by the plan
D. Public Input
E. Support Services and Counseling
F. Governance
G. Discrimination
H. Purchase Price Limits
II. INTERLOCAL AGREEMENTS
III. LOCAL HOUSING PARTNERSHIPS
IV. STRA TEGIES
V. AFFORDABILITY
VI. ADVERTISEMENT AND OUTREACH
VII. ADMINISTRA TIVE EXPENSES
VIII. CERTIFICATION
IX. EXHIBITS
Exhibit A - Timetable
Exhibit B - Housing Delivery Goals Charts (3)
Exhibit C - Certification
Exhibit D Adopting Resolution
Exhibit E - Program Information Sheet
Page 1
I. PROGRAM DESCRIPTION
A. Name of the participating local government
Monroe County
B. Purpose and Description of the program
Creation of the Plan is for the purpose of meeting the housing needs of the very low,
low and moderate-income households, to expand production of and preserve affordable
housing, to further the housing element of the local government comprehensive plan
specific to affordable housing. Monroe County.
C. Fiscal years covered by the Plan
State of Florida fiscal years 2004-2005, 2005-2006 and 2006-2007
D. Public Input
This plan was developed based on eleven years SHIP administrative experience,
previously approved Local Housing Assistance Plans and a public meetings conducted
for the sole purpose of soliciting comment specific to the preparation of this LHAP.
Advertisement of the public meeting was placed in a newspaper serving Monroe
County. This public meeting was conducted at Marathon Government Center (MM48)
Marathon, Florida. This facility was handicapped accessible. Existing and proposed
strategies, budget allocations and SHIP state program requirements were distributed and
discussed. Draft copies of the Plan were posted at all county public libraries. Public
input was incorporated into the plan.
E. Support Services and Counseling
Support services for the implementation of Monroe County's SHIP program will
continue to be provided through the Special Programs Office, Monroe County Housing
Authority. This office has provided continued affordable housing support services
through participation in the HOME Program, Single Family Mortgage Revenue Bond
(MRB) Program, Community Development Block Grant Programs on behalf of Monroe
County and the City of Marathon, Village of Islamorada, Florida Department of
Community Affairs programs, U.S. Department of Housing and Urban Development
programs and Federal Emergency Management Agency (FEMA) programs. This office
also coordinates with the Key West Community Development Office providing support
services. Further, the Special Programs Office provides administrative support to the
Monroe County Housing Finance Authority.
F. Governance
The SHIP Program is established in accordance with Section 420.907-9079, Florida
Statutes and Chapter 67-37.007 Florida Administrative Code. The SHIP Program does
further the housing element of the local government Comprehensive Plan. Monroe
County and the Monroe County Housing Authority executed an interlocal agreement in
1993 that establishes Special Programs Office, Monroe County Housing Authority, as
Page 2
the Program Administrator of Monroe County's SHIP Program.
G. Discrimination:
In accordance with the provisions of ss.760.20-760.37, it is unlawful to discriminate on
the basis of race, creed, religion, color, age, sex, marital status, familial status, national
origin, or handicap in the award application process for eligible housing.
H. 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 90% of the median area purchase price established by the U.S. Treasury Department
or as described above. The methodology used by Monroe County is U.S. Treasury
Revenue Proclamation 2004-18. The purchase price limit for Monroe County is
$332,466 for new homes and $332,466 for existing homes.
II. INTERLOCAL AGREEMENTS
Since the initiation of Monroe County's local SHIP program in 1993, the program has
been for countywide participants within the unincorporated and incorporated areas of
the county. This includes unincorporated Monroe County and incorporated areas of The
Village of Islamorada, City of Layton, City of Marathon, City of Key Colony Beach and
the City of Key West. There is not any need for interlocal agreements between Monroe
County and incorporated municipalities within Monroe County
III. LOCAL HOUSING PARTNERSHIPS
The Plan is intended to increase the availability of affordable residential units by unwug
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. Monroe County has been and will
continue to use the SHIP Program to develop successful partnerships and additional
resources to assist in reducing the cost of housing acquisition, construction and/or
rehabilitation. These partnerships include local governments, lending institutions, housing
developers, community based housing and service organizations. A summary of these
partnerships and resources include the following:
The Monroe County Land Authority for Monroe County
The Monroe County Land Authority for City of Key West
Community Development Block Grant - Monroe County
Community Development Block Grant - Monroe County
$1,573,600
$1,956,000
$ 750,000
$ 750,000
Page 3
Community Development Block Grant - City of Marathon
Community Development Block Grant - Village of Islamorada
Monroe County Housing Finance Authority
Florida Department of Environmental Protection
City of Key West's Mayor's Revolving Loan Fund
DCA Residential Mitigation Grant Program/Habitat
Federal Emergency Management Agency (FEMA)
$ 750,000
$ 700,000
$ 75,000
$ 100,000
$ 500,000
$ 889,000
$2,750,000
These resources were obtained in partnership with Monroe County SHIP Program in order
to reduce the cost of housing.
Page 4
IV. STRATEGIES:
A. HOMEOWNESHIP STRATEGIES
Name: WASTEWATER IMPROVEMENT
Description: Funding assistance to upgrade wast4ewater treatment and disposal
systems. Eligible activities include cesspool replacement, septic system
upgrade and central sewer lateral connection.
Fiscal Years: 2004-2005, 2005-2006 and 2006-2007
Income Levels: Very low, low, moderate
Selection Criteria: Applications accepted from public entities developing or homeowners
upgrading residential wastewater treatment and disposal systems.
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. Subsequent applications processed on first
come/first qualified basis until annual funding committed.
Type of Assistance: Mortgage loans to individual households not to exceed $8,000, inclusive
of closing costs. Loan terms of zero percent (0%) interest, no regular
payment for a term of twenty (20) years. SHIP commitments to public
entities on behalf of individual beneficiaries not to exceed $150,000.
Recapture: Due and payable upon sale or transfer of the property or failure to
comply with the terms of the SHIP mortgage.
Other: SHIP commitments to public entities will be committed to provide direct
benefit to eligible persons occupying eligible properties.
Page 5
Name: HOUSING REHABILITATION
Description: Funding assistance for housing rehabilitation.
Fiscal Years: 2004-2005,2005-2006 and 2006-2007
Income Level: Very low and low
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 for a term of twenty (20) years, zero interest with
no regular payment.
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.
Page 6
Name:
Description:
Fiscal Years:
Income Levels:
Selection Criteria:
Type of Assistance:
Recapture:
Shared
Appreciation
Provision
Other:
HOMEBUYER ASSISTANCE
Funding assistance for the purchase or construction of single-family
residential property, including condominiums or townhouses.
2004-2005,2005-2006 and 2006-2007
Low and moderate
Applications accepted from public entItIes and non-profit affordable
housing providers will be ranked in order of greatest amount of leverage
funds committed to the project. Secondary ranking will be in order of
receipt of application. Annually, 50% of funds budgeted under this strategy
will be set aside for public entities and non-profit affordable housing
providers who have submitted applications during the annual application
cycle. In the event all set aside funds are not committed, those funds are
available for commitment to individual applicants.
Applications accepted from individuals will be ranked based on the results
of a random lottery. The date, place and time of the random lottery will be
publicly noticed and open to the public.
Mortgage loans to public entities and non-profit affordable housing
providers not to exceed $35,000, inclusive of closing costs. Mortgage
loans to individual households not to exceed $25,000 inclusive of closing
costs. Mortgage loans will be for a period of thirty (30) years with zero
interest and no regular payments.
Due and payable upon sale or transfer of the property, thirty years, or
failure to comply with the terms of the mortgage, whichever comes first.
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 or transfer of the property shall be
determine by calculating 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 purchase price at the time of purchase and the
sales price at the time of sale, less the value of permitted improvements
and real estate sales commission.
Buyer(s) must contribute a minimum three percent (3%) buyer
contribution. Property must meet minimum health and safety standards
as defined under the U.S Department of Housing and Urban
Page 7
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.
Entities and applicants proposing to construct new housing will be
required to provide sufficient evidence of readiness to proceed prior to
the issuance of a SHIP commitment (site control, permit allocation,
financial capacity. . . ).
Public agencies and/or non-profit affordable housing development
organizations will be required to provide sufficient evidence affordability
prior to the issuance of a SHIP commitment (deed restrictions,
affordability criteria, initial sales price, resale price restrictions, land
lease, client selection criteria, construction budget. ..).
Public agencies and/or non-profit affordable housing development
organizations may request the SHIP loan be assumed by subsequent
buyer(s) if the following conditions are determined to exist at the time of
sale:
1. Prospective buyer meets SHIP income eligibility guidelines.
2. The transaction maintains the properties affordability to the
prospective buyer.
3. Long term affordability criteria are recorded, enforced and for a
period not less than the term of the SHIP mortgage and the
transaction is consistent with such affordability criteria.
Mortgage loans to entities, which retain control of the land under the
terms of a ground lease, shall extend to land and improvements.
Page 8
Name:
DISASTER MITIGATION
Descri ption:
Funds provided to homeowners to make emergency repairs
In the event of a state or federal disaster declaration affecting all or part
of Monroe County, the SHIP Administrator, on behalf of the Board of
County Commissioners, shall be authorized to:
1. Request and administer additional state funds to assist with
disaster recovery.
2. Use unencumbered local SHIP funds to meet the priorities of the
Disaster Mitigation Strategy in an amount not to exceed twenty
percent (20%) of the state's annual SHIP funding allocation
Fiscal Years: 2004-2005,2005-2006 and 2006-2007
Income Category: Very low and low
Selection Criteria: Applications processed on a first come/first qualified basis from uninsured,
elderly and/or disabled homeowners.
Type of Assistance: Grants not to exceed $5,000.
Recapture: N/ A
Other: For the purposes of this strategy, emergency repairs are defined as those
repairs to damages resulting from a declared disaster that pose an
immediate health and safety hazard to occupant(s).
Page 9
B. RENTAL STRATEGIES
Name: CONSTRUCTIONIREHABILITATION
Description: Funds provided for the construction or rehabilitation of affordable
housing rental units.
Fiscal Years: 2004-2005, 2005-2006 and 2006-2007
Income Level: Very low and low (tenants)
Selection Criteria: 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: Awards not to exceed $20,000 per SHIP set aside unit and maximum of
$40,000 to for profit entities and $80,000 to public and non-profit entities,
plus closing costs.
A wards to for profit entities that exceed $3,000 shall be provided subject to
a promissory note secured by a mortgage on the subject property for a term
of twenty-five (25) years. The SHIP mortgage loan shall accrue no interest
and require no regular payments for the term of the loan. The principal
balance shall be due and payable upon maturity.
Awards to public entities and non profit entities which exceed $3,000 and
the property is owned fee simple, shall be provided subject to a promissory
note and mortgage on the subject property for a term of twenty-five (25)
years. The SHIP mortgage loan shall accrue no interest and require no
regular payments for the term of the loan. The principal balance shall be
forgiven upon maturity so long as affordability has been maintained.
Awards which exceed $3,000 and the property is on long-term lease (fifteen
years or greater) shall be subject to and required to execute a SHIP Rental
Monitoring Agreement
Recapture:
Due and payable upon sale or transfer of the property, termination of the
long-term lease or failure to comply with the terms of the SHIP Rental
Monitoring Agreement.
Other:
All entities funded under this strategy will be required to execute a SHIP
Page 10
Rental Monitoring Agreement for a term of fifteen (15) years. SHIP set
aside units assisted under this strategy must have 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 or that have remaining mortgages funded
under this strategy 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.
Page 11
Name: DISASTER MITIGATION
Description: Funds provided to public and private owners of rental units dedicated by legal
instrument (long term lease agreement, deed restriction, mortgage covenant. . .) for
occupancy by households with very low or low incomes to make emergency
repaIrs.
In the event of a state or federal disaster declaration affecting all or part of Monroe
County, the SHIP administrator, on behalf of the Board of County Commissioners,
shall be authorized to:
1. Request and administer additional state funds to assist with disaster
recovery.
2. Use unencumbered local SHIP funds to meet the priorities of the
Disaster Mitigation Strategies (Homeownership and Rental) in an
amount not to exceed twenty percent (20% ) of the state's annual SHIP
funding allocation.
Fiscal Years: 2004-2005,2005-2006 and 2006-2007
Income Category: Very low and low
Selection Criteria: Priority consideration to very low and low-income households on a first
come/first qualified basis.
Type of Assistance: Grants not to exceed $5,000 per unit.
Recapture: N/ A
Other: For the purposes of this strategy, emergency repairs are defined as those
repairs to damages resulting from a declared disaster that pose an immediate
health and safety hazard to occupant(s).
Page 12
V. TIMETABLE FOR EXPENDITURES - See attached as EXHIBIT A
VI. AFFORDABILITY
Homeownership
The Income limits, adjusted for household size, shall be in the amounts allocated for Monroe
County as published annually by the Florida Housing Finance Corporation for participation in
the State Housing Initiatives Partnership Program.
Rental
Monthly rental maximums of SHIP assisted units, adjusted to bedroom size, shall be in the
amounts established for Monroe County by the as published annually by the Florida Housing
Finance Corporation for participation in the State Housing Initiatives Partnership Program.
VII. ADVERTISEMENT AND OUTREACH
SHIP Program applications will continue to be placed in all county libraries which provides access to
all county residents. Applications may also be requested directly from the Special Programs Office,
1403 12th Street, Key West, Florida 33040. Availability of applications will also be advertised on the
Monroe County bulletin board that appears on cable TV countywide. Radio PSA's will be issued.
News releases will be furnished to the countywide newspapers. To the extent possible, SHIP program
information and applications may be accessible via the internet at Monroe County's official website.
Further, a display advertisement in a newspaper with countywide circulation announcing the
availability of funding will be published at least 30 days prior to the acceptance of applications each
year. If no funding is available due to a waiting list, no notice of funding availability is required.
VIII. ADMINISTRA TIVE EXPENSES
The Monroe County Local Housing Assistance Plan shall continued to be administered by the Special
Programs Office, Monroe County Housing Authority, 1403 1th Street, Key West, Florida 33040, (305)
292-1221, pursuant to the Interlocal Agreement approved by BOCC Resolution 162-1993, April 14,
1993, until further written notification to the Florida Housing Finance Corporation by the Board of
County Commissioners, Monroe County. The Director of the Special Programs Office shall be Monroe
County's official SHIP Program Administrator responsible to the Florida Housing Finance
Corporation's SHIP Program until written notification from the County Administrator.
The SHIP Administrator shall:
(1) be responsible for the implementation of the Local Housing Assistance Plan and to meet the
county's responsibilities under Florida Statute, Sections 420.907 - 420.9079 and Chapter 67-37,
Florida Administrative Code
Page 13
(2) after 60-calendar days from the publication of local Housing Assistance Funding Availability, have
the authority to re-allocate the SHIP dollars within the specific homeownership strategies and within
the specific rental strategies as the Administrator deems necessary to meet actual needs of applicants
and in meeting the SHIP regulations.
The previous experience of implementing numerous strategies countywide has provided a sufficient finding
that five (5%) percent of the Local Housing distribution is insufficient to adequately pay administrative
costs of the SHIP Program and the BOCC recognizes and approves the maximum amount allowable of ten
percent (10%) of the Local Housing Distribution to be used for required administrative costs. Any
applicable program income/recaptured funds shall be subject to a five percent (5%) administrative cost in
their re-allocation to eligible clients through approved strategies. The BOCC shall consider any additional
expense required to administer the local Housing Assistance Plan during its annual budget process. The
SHIP administrative funds shall be allocated as follows:
ESTIMATED ADMINISTRATIVE EXPENDITURE BUDGET *
Descriotion FY 04-05 FY05-06 FY 06-07
Salaries
Administrator $ 10,000 $ 10,000 $ 10,000
Program Coordinator $ 28,000 $ 28,000 $ 28,000
Program Assistant $ 0,000 $ 0,000 $ 0,000
Administrative Assistant $ 2,000 $ 2,000 $ 2,000
Comptroller $ 1,000 $ 1,000 $ 1,000
Bookkeeper $ 3,000 $ 3,000 $ 3,000
Benefits (28%) $ 12,600 $ 12,600 $ 12,600
Heath Insurance $ 1,000 $ 1,000 $ 1,000
Advertising $ 500 $ 500 $ 500
Printing/Copying $ 500 $ 500 $ 500
Postage $ 500 $ 500 $ 500
Phones $ 400 $ 400 $ 400
Supplies $ 500 $ 500 $ 500
Rent $ 1,500 $ 1,500 $ 1,500
Equipment (>$750) $ 500 $ 500 $ 500
Repairs/Maintenance $ $ $
Utilities $ 500 $ 500 $ 500
Books/Publications $ 331 $ 331 $ 331
Travel $ 500 $ 500 $ 500
Professional Service $ $ $
TOTAL $ 63,331 $ 63,331 $ 63,331
* Estimated Expenditure Administrative Budget based on 10% ofFY 05-06 State Allocation estimated by Florida Housing
Coalition April 2004 estimates and does not include administrative allocation of program income.
Page 14
IV. EXHIBITS:
A. Timeline for Encumberance and Expenditure:
Attached as Exhibit A.
B. Housing Delivery Goals Chart (HDGC) For Each Fiscal Year
Covered in the Plan:
Attached as Exhibit B.
C. Certification Page:
Attached as Exhibit C.
D. Adopting Resolution:
Attached as Exhibit D
E. Program Information Sheet:
Attached as Exhibit E
Page 15
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Exhibit C
CERTIFICA TION TO
FLORIDA HOUSING FINANCE CORPORATION
Name of Local Government: MONROE COUNTY
(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 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
bylaw.
(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.
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.
1
October 2003
Exhibit C
Page 2
Certification
(14) SlllP funds will not be pledged for debt service on bonds or as rent subsidies.
(15) Developers receiving assistance from both SlllP and the Low Income Housing Tax
Credit (LlliTC) Program shall comply with the income, affordability and other LllITC
requirements, Similarly, any units receiving assistance from other federal programs shall
comply with all Federal and SlllP 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 SlllP 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 /has not
been implemented.
~~l or designee
Witness
n~virl P Rirp, M~ynr Prn Tpm
Type Name and Title
Witness
A fJr' '/ ;;)../, .;), 00 '-f
,
rtf"~; ""F..', ,
Date
(C) If~':r 1;~
2
October 2003
EXHIBIT D
BOARD OF COUNTY COMMISSIONERS
AGENDA ITEM SUMMARY
Meeting Date: April 21, 2004
Division: Monroe County Housing Authority
Bulk Item: Yes X No Department:
AGENDA ITEM WORDING: A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF
MONROE COUNTY, FLORIDA APPROVING MONROE COUNTY'S LOCAL HOUSING ASSISTANCE
PLAN FOR ST ATE OF FLORIDA FISCAL YEARS 2004-2005, 2005-2006, 2006-2007 AS REQUIRED
UNDER 420.907-420.9079, FLORIDA STATUTES; AND RULE CHAPTER 67-37, FLORIDA
ADMINISTRATIVE CODE; AUTHORIZING THE SUBMISSION OF THE LOCAL HOUSING
ASSISTANCE PLAN FOR REVIEW AND APPROVAL BY THE FLORIDA HOUSING FINANCE
CORPORATION
ITEM BACKGROUND: Florida Statute and Administrative Code require the submission of a Local
Housing Assistance Plan in conjunction with the administration of the State Housing Initiatives
Partnership (SHIP) Program. Plans must meet the parameters established within Statue/Rule: The benefit
of assistance provided through the SHIP Program must accrue to eligible persons occupying eligible
housing; 65% of funds must be expended in support of homeownership; 75% of funds must be expended
in support of construction activities. The current LHAP was modified in 2003 and the strategies, award
maximums and terms of assistance for the proposed plan are unchanged.
PREVIOUS RELEVANT BOCC ACTION:
Approval by Resolution of prior Monroe County Local Housing Assistance Plans and Plan Amendments
beginning in 1993.
CONTRACT/AGREEMENT CHANGES:
N/A
ST AFF RECOMMENDATION:
Approve
TOTAL COST:
$-0-
BUDGETED: Yes
No
COST TO COUNTY:
$-0-
SOURCE OF FUNDS:
N/A
REVENUE PRODUCING: Yes
No X AMOUNT PER: Month
Year
APPROVED BY:
County Attny. ~ OMBlPurchasing _ Risk Management _
DIVISION DIRECTOR APPROV AL:
J. Manuel Castillo, Sr., Executive Director
Monroe County Housing Authority
Exhibit E
ST ATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAM
INFORMATION SHEET
LOCAL GOVERNMENT: MONROE COUNTY
CHIEF ELECTED OFFICIAL (Mayor, Chairman, etc.): MA YOR MURRAY NELSON ADDRESS:
99198 OVERSEAS IDGHWAY,
KEY LARGO, FLORIDA 33040
MARK BELL
SPECIAL PROGRAMS OFFICE
1403 12TH STREET, KEY WEST, FLORIDA 33040
FAX:( 305 ) 292-1162
SHIP ADMINISTRATOR:
ADDRESS:
TELEPHONE:
EMAIL ADDRESS:
ADDITIONAL SHIP CONTACTS:
ADDRESS:
(305) 292-1221
bellm@kwha.org
RICHARD CASEY, JR.
1403 12TIl STREET, KEY WEST, FLORDIA 33040
TELEPHONE: (305) 292-1221
EMAIL ADDRESS:
FAX: (305) 292-1162
caseyr@kwha.org
INTERLOCAL AGREEMENT: YES~ (IF yes, list other participants in the inter-local agreement):
The following information must be furnished to the Corporation before any funds can be disbursed.
LOCAL GOVERNMENT EMPLOYER FEDERAL ID NUMBER:
MAIL DISBURSEMENT TO:
ADDRESS:
59-6000749
OR:IF YOUR FUNDS ARE ELECTRONICALLY TRANSFERRED PLEASE COMPLETE THE A TT ACHED
FORM:
~ NO CHANGE FROM PREVIOUS ELECTRONIC FORM SUBMITTED.
Provide any additional updates the Corporation should be aware of in the space below:
Please return this form to: SHIP PROGRAM MANAGER, FHFC 227 N. BRONOUGH ST, STE 5000
TALLAHASSEE, FL 32301 Fax: (850) 922-7253