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Agenda 10/22/2019 Item #11K (RFP #19-7577 to Housing Developement Corp)
10/22/2019 EXECUTIVE SUMMARY Recommendation to award Request For Proposal No. 19-7577, “Establishment of a Non-Profit Community Land Trust,” to Housing Development Corporation of SW Florida, Inc., d/b/a H.E.L.P. (“H.E.L.P”) OBJECTIVE: Establish a Community Land Trust (“CLT”), to own, maintain control, and provide oversight of improvements on acquired land for affordable housing. CONSIDERATIONS: On April 24, 2018 (Agenda Item #11A), pursuant to the previously Board approved Community Housing Plan, the County Commission directed staff to move forward with the creation of a community land trust and approved a funding allocation of $100,000 over two (2) years to be provided for the establishment of a community land trust in Collier County. Funding was made available with the approval of the 2019-2020 County Budget. In early 2017, an advisory panel of the Urban Land Institute (“ULI”) visited Collier County and identified a community land trust as a viable strategy for increasing the inventory of long-term affordable housing. According to the ULI, “a community land trust refers to a vehicle of separating land from the building (house) for the purpose of transferring title to the house without selling the land. A growing number of local governments recognize that CLTs can play an important role as stewards of the community resources and that property and funds allocated to a CLT can benefit not only present community residents but for future residents as well. Local government support will greatly enhance the initial and long-term affordability for its residents; a community land trust provides an essential service in meeting present and future community needs.” Both the ULI and Florida Housing Coalition have strongly recommended Collier County assist in the creation of a community land trust to mitigate the high cost of housing construction in Collier County. A CLT’s land ownership, paired with a governance structure that reflects the interests of CLT housing residents and the broader community, can offer a unique housing model that empowers residents and neighborhoods. On April 5, 2019, the Procurement Services Division released Request for Proposal (RFP) No. 19-7577 to 12,862 vendors for the establishment of a non-profit community land trust. The County extended the solicitation, which was initially scheduled to close on May 7, 2019 to May 21, 2019, to promote an opportunity to receive a greater number of proposals. Interested vendors downloaded fifty-three (53) solicitation packages, and the County received one (1) proposal from H.E.L.P. by the May 21, 2019 deadline. A selection committee convened on July 1, 2019, to review H.E.L.P.'s proposal and to discuss H.E.L.P.'s qualifications. After some discussion, the selection committee agreed to invite H.E.L.P. to give a presentation and to address the committee’s specific questions. On August 19, 2019, the selection committee reconvened to hear H.E.L.P.'s presentation and to ask follow-up questions. Following the H.E.L.P.'s presentation, the selection committee voted to recommend awarding H.E.L.P. the contract for the establishment of a non-profit community land trust. The CLT will assist with the development of properties acquired through the Infrastructure Sales Surtax. The County, through an application process, will solicit from developers possible affordable housing project locations for acquisition. Those projects will be ranked and presented to the Board for approval. The County will then acquire properties with Surtax funding, and partner with the CLT through long-term ground leases for the ultimate development of affordable housing on the sites. This arrangement keeps the 11.K Packet Pg. 886 10/22/2019 County out of the ongoing development, management and day-to-day operations of affordable housing projects. Instead, the County maintains an oversight role through the monitoring and compliance of the ground leases. Ground lease payments will provide an ongoing source of revenue for the County’s local housing trust fund. Properties in the CLT will add long term affordability to the County’s housing stock. FISCAL IMPACT: Funding in the amount of $100,000 is available in the Affordable Housing Fund (116), Project 50137. GROWTH MANAGEMENT IMPACT: There is no impact to the Growth Management Plan with this Executive Summary. LEGAL CONSIDERATIONS: This item is approved as to form and legality and requires majority vote for Board approval.-SRT RECOMMENDATION: To award Request for Proposal No. 19-7577, “Establishment of a Non-Profit Land Trust,” to Housing Development Corporation of SW Florida, Inc. d/b/a H.E.L.P and to authorize the Chairman to sign the attached agreement. Prepared By: Hilary Halford, Sr. Grant & Housing Coordinator, Community & Human Services Division ATTACHMENT(S) 1. #19-7577 Request for Proposal (RFP) FINAL (PDF) 2. 19-7577 NORA (PDF) 3. 19-7577 HELP_Contract_VendorSigned (PDF) 4. [LINKED] 19-7577 Housing Development Proposal (PDF) 5. [LINKED] Exhibit A (PDF) 6. 19-7577 Final Ranking (PDF) 7. Land Trust Surtax Info Sheet (PDF) 8. Housing Plan Step #2 Executive Summary 4-10-18 BCC Mtg (PDF) 9. 19-7577 HELP-Final-Insurance_10-10-19 (PDF) 11.K Packet Pg. 887 10/22/2019 COLLIER COUNTY Board of County Commissioners Item Number: 11.K Doc ID: 10063 Item Summary: Recommendation to award Request For Proposal No. 19-7577, “Establishment of a Non-Profit Community Land Trust,” to Housing Development Corporation of SW Florida, Inc., d/b/a H.E.L.P. ("H.E.L.P.") (Cormac Giblin, Community and Human Services Manager) Meeting Date: 10/22/2019 Prepared by: Title: – Community & Human Services Name: Hilary Halford 09/11/2019 4:15 PM Submitted by: Title: Manager - Federal/State Grants Operation – Community & Human Services Name: Kristi Sonntag 09/11/2019 4:15 PM Approved By: Review: Community & Human Services Maggie Lopez Additional Reviewer Completed 09/17/2019 10:15 AM Community & Human Services Akiko Woods Additional Reviewer Completed 09/17/2019 12:46 PM Community & Human Services Cormac Giblin Additional Reviewer Completed 10/08/2019 4:46 PM Procurement Services Opal Vann Additional Reviewer Completed 10/09/2019 9:35 AM Procurement Services Ted Coyman Additional Reviewer Completed 10/09/2019 4:47 PM Community & Human Services Kristi Sonntag CHS Review Completed 10/10/2019 8:29 AM Public Services Department Kimberley Grant Level 1 Reviewer Completed 10/10/2019 10:22 AM Procurement Services Priscilla Doria Additional Reviewer Completed 10/10/2019 10:36 AM Procurement Services Viviana Giarimoustas Additional Reviewer Completed 10/10/2019 10:42 AM Procurement Services Evelyn Colon Additional Reviewer Completed 10/10/2019 3:42 PM Public Services Department Todd Henry Level 1 Division Reviewer Completed 10/10/2019 4:17 PM County Attorney's Office Hilary Halford Level 2 Attorney of Record Review Skipped 10/08/2019 4:31 PM Public Services Department Steve Carnell Level 2 Division Administrator Review Completed 10/11/2019 7:52 AM County Attorney's Office Scott Teach Additional Reviewer Completed 10/12/2019 11:52 AM County Attorney's Office Scott Teach Level 3 County Attorney's Office Review Completed 10/12/2019 11:53 AM Office of Management and Budget Laura Wells Level 3 OMB Gatekeeper Review Completed 10/14/2019 9:18 AM 11.K Packet Pg. 888 10/22/2019 Grants Therese Stanley Additional Reviewer Completed 10/14/2019 12:32 PM County Manager's Office Leo E. Ochs Level 4 County Manager Review Completed 10/14/2019 2:12 PM Board of County Commissioners MaryJo Brock Meeting Pending 10/22/2019 9:00 AM 11.K Packet Pg. 889 COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS REQUEST FOR PROPOSAL (RFP) FOR ESTABLISHMENT OF A NON-PROFIT COMMUNITY LAND TRUST SOLICITATION NO.: 19-7577 VIVIANA GIARIMOUSTAS, PROCUREMENT STRATEGIST PROCUREMENT SERVICES DIVISION 3295 TAMIAMI TRAIL EAST, BLDG C-2 NAPLES, FLORIDA 34112 TELEPHONE: (239) 252-8375 VIVIANA.GIARIMOUSTAS@colliercountyfl.gov (Email) This solicitation document is prepared in a Microsoft Word format (Rev 8/7/2017). Any alterations to this document made by the Vendor may be grounds for rejection of proposal, cancellation of any subsequent award, or any other legal remedies available to the Collier County Government. 11.K.1 Packet Pg. 890 Attachment: #19-7577 Request for Proposal (RFP) FINAL (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land SOLICITATION PUBLIC NOTICE REQUEST FOR PROPOSAL(RFP) NUMBER: 19-7577 PROJECT TITLE: ESTABLISHMENT OF A NON-PROFIT COMMUNITY LAND TRUST DUE DATE: Tuesday, May 7, 2019 10:00 AM EST PLACE OF RFP OPENING: PROCUREMENT SERVICES DIVISION 3295 TAMIAMI TRAIL EAST, BLDG C-2 NAPLES, FL 34112 All proposals shall be submitted online via the Collier County Procurement Services Division Online Bidding System: https://www.bidsync.com/bidsync-cas/ INTRODUCTION As requested by the Community and Human Services Division (hereinafter, the “Division or Department”), the Collier County Board of County Commissioners Procurement Services Division (hereinafter, “County”) has issued this Request for Proposal (hereinafter, “RFP”) with the intent of obtaining proposals from interested and qualified vendors in accordance with the terms, conditions and specifications stated or attached. The vendor, at a minimum, must achieve the requirements of the Specifications or Scope of Work stated. The results of this solicitation may be used by other County departments once awarded according to the Board of County Commissioners Procurement Ordinance. BACKGROUND The County envisions a Community Land Trust (CLT) as a non-profit organization formed to own land and to maintain control and oversight of improvements on the land. The CLT’s land ownership, paired with a governance structure that reflects the interests of CLT housing residents and the broader community, would offer a unique housing model that empowers residents and neighborhoods. The CLT would sell buildings to qualified buyers but retain ownership of the land to preserve the long-term affordability of its housing resources. The CLT should meet affordable housing development and neighborhood revitalization goals, including one to support affordable homeownership countywide. Funding for the initiative comes from Collier County’s general fund. Over the next 24 months following the award, Collier County will fund operations and start-up. TERM OF CONTRACT The contract term, if an award(s) is/are made is intended to be for one (1) year with two (2) one (1) year renewals. Prices shall remain firm for the initial term of this contract. Surcharges will not be accepted in conjunction with this contract, and such charges should be incorporated into the pricing structure. The County Manager, or designee, may, at his discretion, extend the Agreement under all of the terms and conditions contained in this Agreement for up to one hundred eighty (180) days. The County Manager, or designee, shall give the Contractor written notice of the County's intention to extend the Agreement term not less than ten (10) days prior to the end of the Agreement term then in effect. DETAILED SCOPE OF WORK In early 2017, an advisory panel of the Urban Land Institute (ULI) visited Collier County and identified several challenges regarding Housing Affordability. Central to their findings was the fact that Collier County has a high number of cost-burdened households. According to the report, “…two out of every five households in Collier County are cost burdened. The people who are cost burdened [in Collier County] are crucial to the local economy. They provide key public safety, education, and health care services to the community’s residents. In addition, they are responsible for the high-quality lifestyle that makes Collier County such a special place.” According to the Urban Land Institute, “a community land trust refers to a vehicle of separating land from building (house) for the purpose of transferring title to the house without selling the land. A growing number of local governments recognize that CLTs can 11.K.1 Packet Pg. 891 Attachment: #19-7577 Request for Proposal (RFP) FINAL (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land play an important role as stewards of community resources and that property and funds allocated to a CLT can benefit not only present community residents but future residents as well…Local government support will greatly enhance the initial and long-term affordability for its residents; a community land trust provides an essential service in meeting present and future community needs.” Both the ULI and the Florida Housing Coalition have strongly recommended Collier County create a community land trust to mitigate the high cost of housing construction in Collier County. This request seeks to provide qualified organizations the opportunity to communicate their interest and provide their qualifications for providing the services necessary to establish and potentially operate a newly formed Collier County Community Land Trust. On April 24, 2018, the Board of County Commissioners (BCC) approved a funding allocation of $100,000 over two years to be provided for the establishment of a community land trust in Collier County. Funding was made available with the approval of the 2019-2020 County Budget. The intent of this solicitation is to identify an organization that the Board can support moving forward to establish a Collier County Community Land Trust. Should your submission be selected, the agreement will incorporate specific milestones in the land trust formation process. REQUEST FOR PROPOSAL (RFP) PROCESS 1.1 The Proposers will submit a qualifications proposal which will be scored based on the criteria in Grading Criteria for Development of Shortlist, which will be the basis for short-listing firms. The Proposers will need to meet the minimum requirements outlined herein in order for their proposal to be evaluated and scored by the COUNTY. The COUNTY will then score and rank the firms. The COUNTY reserves the right to issue an invitation for oral presentations to obtain additional information after scoring and before the final ranking. A contract will be developed with the selected firm and submitted for approval by the Board of County Commissioners. 1.2 The COUNTY will use a Selection Committee in the Request for Proposal selection process. 1.3 The intent of the scoring of the proposal is for respondents to indicate their interest, relevant experience, financial capability, staffing and organizational structure. 1.4 The intent of the oral presentations, if deemed necessary, is to provide the vendors with a venue where they can conduct discussions with the Selection Committee to clarify questions and concerns before providing a final rank. 1.5 Based upon a review of these proposals, the COUNTY will rank the Proposers based on the discussion and clarifying questions on their approach and related criteria, and then negotiate in good faith an Agreement with the top ranked Proposer. 1.6 If, in the sole judgment of the COUNTY, a contract cannot be successfully negotiated with the top-ranked firm, negotiations with that firm will be formally terminated and negotiations shall begin with the firm ranked second. If a contract cannot be successfully negotiated with the firm ranked second, negotiations with that firm will be formally terminated and negotiations shall begin with the third ranked firm, and so on. The COUNTY reserves the right to negotiate any element of the proposals in the best interest of the COUNTY. GRADING CRITERIA FOR DEVELOPMENT OF SHORTLIST: 1.7 For the development of a shortlist, this evaluation criterion will be utilized by the COUNTY’S Selection Committee to score each proposal. Proposers are encouraged to keep their submittals concise and to include a minimum of marketing materials. Proposals must address the following criteria: Evaluation Criteria Maximum Points 1. Cover Letter / Management Summary 2. Project Scope and Timeline 20 Points 3. Team Qualifications 35 Points 4. Community Impact 25 Points 5. Risk Assessment 10 Points 6. Local Vendor Preference 10 Points TOTAL POSSIBLE POINTS 100 Points Tie Breaker: In the event of a tie at final ranking, award shall be made to the proposer with the lower volume of work previously awarded. Volume of work shall be calculated based upon total dollars paid to the proposer in the twenty-four (24) months prior to the RFP submittal deadline. Payment information will be retrieved from the County’s financial 11.K.1 Packet Pg. 892 Attachment: #19-7577 Request for Proposal (RFP) FINAL (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land system of record. The tie breaking procedure is only applied in the final ranking step of the selection process and is invoked by the Procurement Services Division Director or designee. In the event a tie still exists, selection will be determined based on random selection by the Procurement Services Director before at least three (3) witnesses. ---------------------------------------------------------------------------------------------------------------------------------------------------------- Each criterion and methodology for scoring is further described below. ***Proposals must be assembled, at minimum, in the order of the Evaluation Criteria listed or your proposal may be deemed non-responsive*** EVALUATION CRITERIA NO. 1: COVER LETTER/MANAGEMENT SUMMARY Provide a cover letter, signed by an authorized officer of the firm, indicating the underlying philosophy of the firm in providing the services stated herein. Include the name(s), telephone number(s) and email(s) of the authorized contact person(s) concerning proposal. Submission of a signed Proposal is Vendor's certification that the Vendor will accept any awards as a result of this RFP. Within the cover letter, include other relevant information that has not been addressed in the previous questions that the proposer would like the present to the Board in support of the proposal. EVALUATION CRITERIA NO. 2: PROJECT SCOPE AND TIMELINE (20 Total Points Available) Provide a written description of the process necessary to establish the CLT. Provide a timeline which outlines all required milestones and the method of how each will be accomplished. The submission must clearly identify milestones and achievement methodologies that will be included such as: • Filing initial articles of incorporation and adopting by-laws • Filing of Form 1023 with the IRS to receive 501(c)3 tax-exempt status • Recruitment of initial Board • Establishing financial accounts • Researching grant and funding opportunities for land acquisition and development • Recruiting building partners to assist with development • Oversee preliminary Board meetings designed for program creation • Address how the $100,000 in funds provided over the next two years will be expended and how the organization plans to secure future funding to continue operation. EVALUATION CRITERIA NO. 3: TEAM QUALIFICATIONS (35 Total Points Available) In this tab, include but not limited to: Description of the proposed contract team and the role to be played by each member of the team. • Attach brief resumes of all proposed project team members who will be involved in the management of the total package of services, as well as the delivery of specific services. • Attach resumes of any sub-vendors and attach letters of intent from stated sub-vendors must be included with proposal submission. • Provide information that documents your team’s qualifications to produce the required deliverables, including abilities, capacity, skill, and financial strength, and number of years of experience in providing the required services. • Describe the various team members’ successful experience in working with one another on previous projects. Provide the following documentation: • Most recent Board approved agency operating budget • Most recent single audit • Articles of Incorporation • Corporate By-Laws • IRS Tax Exemption Certification • Federal Tax From 990 The County requires that the vendor submit three (3) completed reference forms from clients over the past two (2) years whose projects are of a similar nature to this solicitation as a part of their proposal. Provide information on the projects completed by the vendor that best represent projects of similar size, scope and complexity of this project using form provided in Attachment B – Form 8. Vendors may include two (2) additional pages for each project to illustrate aspects of the completed project that provides the information to assess the experience of the Proposer on relevant project work. EVALUATION CRITERIA NO. 4: COMMUNITY IMPACT (25 Total Points Available) 11.K.1 Packet Pg. 893 Attachment: #19-7577 Request for Proposal (RFP) FINAL (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land The proposal must describe how the CLT meets the intent of the Board of County Commissioners expectations and how the CLT will generally benefit the community. In addition, provide a description of how the proposal meets the housing affordability needs per the Collier County Community Housing Plan (Exhibit A’). EVALUATION CRITERIA NO. 5: RISK ASSESMENT (10 Total Points Available) Please answer each question and attach documentation as directed regarding the following: 1. Describe any key staff changes in the past 12 months. Key staff include Executive, Fiscal, and Upper Management and Program Administration. 2. Describe any changes to business systems in the past 12 months. Systems include but are not limited to Fiscal, Policies and/or Procedures, Data Collection and/or Storage. 3. Does your agency have the following policies and/or procedures? Check all that apply and attach all selected documentation. Procurement Drug Free Workplace Conflict of Interest Travel Harassment Fraud Other (please specify) _______________ 4. Does your organization expend $750,000 or more in federal funding annually? Yes No 5. Has your agency had a single audit or other financial audit within the last 12 months? Yes (Attach copies of all financial audits within the past 12 months) No 6. Does your organization receive monitoring from other funders outside the County? Yes (Attach copies of all reports received in the past 12 months) No 7. Does your organization have an accounting system in place to segregate expenditures by fund sources? Yes No 8. Does your accounting system produce budget vs. expenditure reports? Yes Non 9. Does your organization maintain files for grants, loans, or other type of financial assistance? Yes No 10. Does your organization track employee time off and effort distributions by cost objective/activity? Yes No 11. Does your organization allocate expenses directly or indirectly, by means of a cost allocation plan? Yes (attach a copy of approved plan) No 12. What grants, loans, or other financial assistance has your agency been awarded in the last 12 months? Please list and include funding source and amount: __________________________________________________________________________ __________________________________________________________________________ 11.K.1 Packet Pg. 894 Attachment: #19-7577 Request for Proposal (RFP) FINAL (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land __________________________________________________________________________ __________________________________________________________________________ __________________________________________________________________________ __________________________________________________________________________ EVALUATION CRITERIA NO. 6: LOCAL VENDOR PREFERENCE (10 Total Points Available) Local business is defined as the vendor having a current Business Tax Receipt issued by the Collier or Lee County Tax Collector prior to proposal submission to do business within Collier County, and that identifies the business with a permanent physical business address located within the limits of Collier or Lee County from which the vendor’s staff operates and performs business in an area zoned for the conduct of such business. VENDOR CHECKLIST ***Vendor should check off each of the following items as the necessary action is completed (please see, Form 2: Vendor Check List): The Solicitation Submittal has been signed. The Solicitation Pricing Document (Bid Schedule/Quote Schedule/Proposal Pricing/etc.) has been completed and attached. All applicable forms have been signed and included, along with licenses to complete the requirements of the project. Any addenda have been signed and included. Affidavit for Claiming Status as a Local Business, if applicable. Division of Corporations - Florida Department of State – http://dos.myflorida.com/sunbiz/ (If work performed in the State). E-Verify/Immigration Affidavit (Memorandum of Understanding). 11.K.1 Packet Pg. 895 Attachment: #19-7577 Request for Proposal (RFP) FINAL (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land 11.K.2 Packet Pg. 896 Attachment: 19-7577 NORA (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land Trust") 11.K.3Packet Pg. 897Attachment: 19-7577 HELP_Contract_VendorSigned (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land 11.K.3Packet Pg. 898Attachment: 19-7577 HELP_Contract_VendorSigned (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land 11.K.3Packet Pg. 899Attachment: 19-7577 HELP_Contract_VendorSigned (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land 11.K.3Packet Pg. 900Attachment: 19-7577 HELP_Contract_VendorSigned (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land 11.K.3Packet Pg. 901Attachment: 19-7577 HELP_Contract_VendorSigned (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land 11.K.3Packet Pg. 902Attachment: 19-7577 HELP_Contract_VendorSigned (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land 11.K.3Packet Pg. 903Attachment: 19-7577 HELP_Contract_VendorSigned (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land 11.K.3Packet Pg. 904Attachment: 19-7577 HELP_Contract_VendorSigned (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land 11.K.3Packet Pg. 905Attachment: 19-7577 HELP_Contract_VendorSigned (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land 11.K.3Packet Pg. 906Attachment: 19-7577 HELP_Contract_VendorSigned (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land 11.K.3Packet Pg. 907Attachment: 19-7577 HELP_Contract_VendorSigned (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land 11.K.3 Packet Pg. 908 Attachment: 19-7577 HELP_Contract_VendorSigned (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land 11.K.3Packet Pg. 909Attachment: 19-7577 HELP_Contract_VendorSigned (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land 11.K.3Packet Pg. 910Attachment: 19-7577 HELP_Contract_VendorSigned (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land 11.K.3Packet Pg. 911Attachment: 19-7577 HELP_Contract_VendorSigned (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land 11.K.3Packet Pg. 912Attachment: 19-7577 HELP_Contract_VendorSigned (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land 11.K.3Packet Pg. 913Attachment: 19-7577 HELP_Contract_VendorSigned (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land 11.K.3Packet Pg. 914Attachment: 19-7577 HELP_Contract_VendorSigned (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land Selection Committee Final Ranking Sheet RFP: 19-7577 Title: Establishment of a Non-Profit Community Land Trust Name of Firm Josh Kristi Kim Cormac Toni Total Selection Committee Final Rank Housing Development Corporation of SW Florida Inc.1 1 1 1 0 4 1.0000 Procurement Professional Viviana Giarimoustas Step 1: Upon direction by the Procurement professional, the individual selection committee member should provide their ranking of the proposals (from highest being number one (1) to lowest. Step 2: The procurement professional will review the mathematically calculated final rank and discuss the rank order and determine if consensus is reached. Page 1 of 1 11.K.6 Packet Pg. 915 Attachment: 19-7577 Final Ranking (10063 : Recommendation to award RFP No. 19-7577 “Establishing a 11.K.7Packet Pg. 916Attachment: Land Trust Surtax Info Sheet (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land Trust") 11.K.8 Packet Pg. 917 Attachment: Housing Plan Step #2 Executive Summary 4-10-18 BCC Mtg (10063 : Recommendation to award RFP No. 19-7577 “Establishing a 11.K.8 Packet Pg. 918 Attachment: Housing Plan Step #2 Executive Summary 4-10-18 BCC Mtg (10063 : Recommendation to award RFP No. 19-7577 “Establishing a 11.K.8 Packet Pg. 919 Attachment: Housing Plan Step #2 Executive Summary 4-10-18 BCC Mtg (10063 : Recommendation to award RFP No. 19-7577 “Establishing a INSR ADDL SUBR LTR INSR WVD DATE (MM/DD/YYYY) PRODUCER CONTACT NAME: FAXPHONE (A/C, No):(A/C, No, Ext): E-MAIL ADDRESS: INSURER A : INSURED INSURER B : INSURER C : INSURER D : INSURER E : INSURER F : POLICY NUMBER POLICY EFF POLICY EXPTYPE OF INSURANCE LIMITS(MM/DD/YYYY)(MM/DD/YYYY) GENERAL LIABILITY AUTOMOBILE LIABILITY UMBRELLA LIAB EXCESS LIAB WORKERS COMPENSATION AND EMPLOYERS' LIABILITY DESCRIPTION OF OPERATIONS / LOCATIONS / VEHICLES (Attach ACORD 101, Additional Remarks Schedule, if more space is required) AUTHORIZED REPRESENTATIVE INSURER(S) AFFORDING COVERAGE NAIC # Y / N N / A (Mandatory in NH) ANY PROPRIETOR/PARTNER/EXECUTIVE OFFICER/MEMBER EXCLUDED? EACH OCCURRENCE $ DAMAGE TO RENTEDCOMMERCIAL GENERAL LIABILITY $PREMISES (Ea occurrence) CLAIMS-MADE OCCUR MED EXP (Any one person)$ PERSONAL & ADV INJURY $ GENERAL AGGREGATE $ GEN'L AGGREGATE LIMIT APPLIES PER:PRODUCTS - COMP/OP AGG $ $PRO-POLICY LOCJECT COMBINED SINGLE LIMIT $(Ea accident) BODILY INJURY (Per person)$ANY AUTO ALL OWNED SCHEDULED BODILY INJURY (Per accident)$AUTOS AUTOS HIRED AUTOS NON-OWNED PROPERTY DAMAGE $AUTOS (Per accident) $ OCCUR EACH OCCURRENCE $ CLAIMS-MADE AGGREGATE $ DED RETENTION $$ WC STATU-OTH- TORY LIMITS ER E.L. EACH ACCIDENT $ E.L. DISEASE - EA EMPLOYEE $ If yes, describe under E.L. DISEASE - POLICY LIMIT $DESCRIPTION OF OPERATIONS below SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS. THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). COVERAGES CERTIFICATE NUMBER:REVISION NUMBER: CERTIFICATE HOLDER CANCELLATION © 1988-2010 ACORD CORPORATION. All rights reserved. The ACORD name and logo are registered marks of ACORDACORD 25 (2010/05) ACORDTM CERTIFICATE OF LIABILITY INSURANCE Sentinel Insurance Company Associated Industries RLI Insurance Company The Travelers Insurance Company 10/10/2019 Gulfshore Insurance - SWFL 4100 Goodlette Road N Naples, FL 34103 239 261-3646 Lu Wallace 239 261-3646 239 213-2803 lwallace@gulfshoreinsurance.com Housing Development Corp of SW Florida 3200 Bailey Lane, Ste. 109 Naples, FL 34105 A X X X X 21SBMBW5724 08/18/2019 08/18/2020 1,000,000 1,000,000 10,000 1,000,000 2,000,000 2,000,000 A X X 21SBMBW5724 08/18/2019 08/18/2020 1,000,000 B N AWC1125536 03/22/2019 03/22/2020 X 1,000,000 1,000,000 1,000,000 C D Professional Liab Crime/Fidelity RTP0015405 107163108 03/22/2019 10/07/2019 03/22/2020 10/07/2020 $1,000,000 Ded $1,000 $500,000 Ded $1,000 Collier County Board of County Commissioners is included as Additional Insured for any and all work performed in Collier County on a primary and noncontributory basis with regards to General Liability only as required by written contract per form SS008 0405, includes ongoing and completed operations, Waiver of Subrogation in favor of Additional Insured. Collier County Board of County Commissioners 3295 Tamiami Trail E. Naples, FL 34112 1 of 1 #S1481143/M1480756 HOUDEClient#: 66315 LHW16 1 of 1 #S1481143/M1480756 11.K.9 Packet Pg. 920 Attachment: 19-7577 HELP-Final-Insurance_10-10-19 (10063 : Recommendation to award RFP No. 19-7577 “Establishing a Community Land Project Scope and Timeline We are requesting $100,000 over the next 2 years to establish the Collier County Community Land Trust (CCCLT). Our organization will take the lead in creating the CCCLT program including filing initial articles of incorporation, adopting by-laws, recruitment of initial Board, establishing financial accounts, researching grant and funding opportunities for land acquisition and development, recruiting building partners to assist with development, and overseeing preliminary Board meetings designed for program creation. The initial Board will be empowered to act for the corporation until the 1st annual meeting at which time a Board election can be held. We are suggesting the preliminary Board consist of 3 members. The elected Board would consist of no fewer than 7 and no more than 11 members. The Board would be tripartite, consisting of representatives of the low-income community, public officials and other stakeholders, and community at large. We would recommend that the Board of County Commissioners appoint a representative to the Board, such as a member of the Affordable Housing Advisory Committee, to represent their interests. The initial $100,000 available through this RFP will be utilized to cover necessary operating and administrative expenses for the next 2 years. HELP would serve in an administrative capacity for as long as the CCCLT Board of Directors sees fit. A separate bank account in the name of CCCLT would be opened at the time of contract approval. Accounting for the CCCLT would be managed separately from our regular daily operations. Filing of the Articles of Incorporation will be completed with assistance from Legal Aid services of Collier County, and should be processed within 30 days of contract approval. A copy of the draft Articles is attached as Exhibit A. We will recruit 3 initial Board members to help establish and approve the By- Laws. We anticipate having the by-laws adopted within 90 days of contract approval. We will file Form 1023 with the IRS to receive 501(c)3 tax-exempt status. This process should be completed within 6 months of contract approval. We have engaged the Florida Housing Coalition and Florida Community Land Trust Institute to provide technical assistance and support throughout the process. CCCLT will comply with all required policies and procedures to become a certified CLT, under a program currently being developed by the Florida Housing Coalition, Fannie Mae and Freddie Mac to expand and expedite mortgage loan options for purchasers of CLT homes. The mission and objective of the CCCLT will be to promote housing affordability to both the rental and ownership segments of the local market. To that end, the organization will be actively involved in providing education and counseling to potential participants, and will seek outside funding for these endeavors. The CCCLT will also be responsible for stewardship to all program participants. Ongoing engagement with renters will be vital to program success. Participants in the homeownership model will also have access to long-term education and counseling services. Additionally, the CCCLT will work to maintain a database of income qualified and mortgage-ready prospects to assist homeowners with the sale of their shared-equity property when they are ready to move up to an open-market property or need to leave the area. Additionally, the database would include available shared-equity homes or other income-restricted properties located in Collier County. Sustainability of the land trust will be dependent upon the ability of the CCCLT to generate funds from outside sources, in addition to working with local government and the funding made available through the local sales tax initiative. We hope to have CCCLT properly organized with tax-exempt status in time to partner with affordable housing developers submitting proposals to Florida Housing Finance Corporation (FHFC) for Collier County projects using the Community Development Block Grant - Disaster Recovery (CDBG-DR) funding. We understand that FHFC is encouraging developer applications to partner with CLTs as a strategy to ensure affordability in perpetuity. If CCCLT’s tax-exempt status is still pending at the time of any such applications, HELP will serve as a “fiscal agent” for CCCLT, if necessary, for the application process to proceed. Our agency will collaborate with Bright Community Trust, which was established in Pinellas County in 2008. Since 2013, Bright Community Trust has expanded its reach to other counties in Florida. The organization has agreed to collaborate to provide their experience and technical expertise in the development and maintenance of a Community Land Trust in Collier County. Articles of Incorporation Collier County Community Land Trust, Inc. Page 1 of 4 ARTICLES OF INCORPORATION OF COLLIER COUNTY COMMUNITY LAND TRUST, INC., A FLORIDA NOT FOR PROFIT CORPORATION ARTICLE I CORPORATION NAME The name of the Corporation is COLLIER COUNTY COMMUNITY LAND TRUST, INC. ARTICLE II PRINCIPAL OFFICE ADDRESS The Corporation’s principal office address is: 3200 Bailey Lane, Suite #109 Naples, FL 34105 ARTICLE III MAILING ADDRESS The Corporation’s mailing address is: 3200 Bailey Lane, Suite #109 Naples, FL 34105 ARTICLE IV REGISTERED AGENT The name and address of the registered agent of the Corporation is: Michael Puchalla Housing Development Corporation of SW Florida, Inc., d/b/a HELP 3200 Bailey Lane, Suite #109 Naples, FL 34105 Having been named as registered agent to accept service of process for the above-stated Corporation at the place designated in this certificate, I am familiar with and accept the appointment as registered agent and agree to act in this capacity. _____________________ Michael Puchalla ____________ __, 2018 EXHIBIT A Articles of Incorporation Collier County Community Land Trust, Inc. Page 2 of 4 ARTICLE V DURATION AND MEMBERSHIP The Corporation shall have perpetual existence. The qualification for members, if any, and the manner of their admission shall be regulated by the Corporation’s Bylaws. ARTICLE VI BOARD OF DIRECTORS The method of selection of Directors and the number of Directors shall be as stated in the Corporation’s Bylaws. ARTICLE VII INCORPORATOR The name and address of the incorporator is: Housing Development Corporation of SW Florida, Inc., d/b/a HELP 3200 Bailey Lane, Suite #109 Naples, Florida 34105 Attn: Michael Puchalla ARTICLE VIII CORPORATE PURPOSES The purposes for which this Corporation is formed are exclusively charitable and educational within the meaning of Section 501(c)(3) of the Internal Revenue Code, or the corresponding section of any future tax code, and consist of the following: 1. To provide decent and affordable housing opportunities for very low, low and moderate income families and individuals that is controlled by the residents on a long term basis. 2. To foster the availability of a combination of owner-occupied and rental housing that meets diverse needs. 3. To preserve the availability and affordability of housing for successive owners and renters through long-term ground leases and covenants. 4. To combat neighborhood deterioration in economically disadvantaged neighborhoods by promoting the development, rehabilitation, and maintenance of decent housing in these neighborhoods; by promoting economic opportunities for low-income residents of these neighborhoods; by making land available for projects and activities that improve the quality of life in these neighborhoods; and by assisting residents of these neighborhoods in improving the safety and well-being of their community. EXHIBIT A Articles of Incorporation Collier County Community Land Trust, Inc. Page 3 of 4 5. To protect the natural environment and to promote the ecologically sound use of land and natural resources and the long-term health and safety of the community. 6. All of the foregoing purposes shall be exercised exclusively in a charitable and educational manner, such that the Corporation qualifies as an exempt organization under Section 501(c)(3) of the Internal Revenue Code, or the corresponding section of any future federal tax code. ARTICLE IX 501(c)(3) LIMITATIONS 1. CORPORATE PURPOSES. Notwithstanding any other provision of these Articles of Incorporation, this Corporation shall not carry on any other activities not permitted to be carried on (a) by a corporation exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code, or the corresponding section of any future federal tax code, or (b) by a corporation, contributions to which are deductible under Section 170(c)(2) of the Internal Revenue Code, or the corresponding section of any future federal tax code. 2. EXCLUSIVITY. The Corporation is organized exclusively for charitable and educational purposes. 3. NO PRIVATE INUREMENT. The Corporation is not organized nor shall it be operated for the primary purpose of generating pecuniary gain or profit. The property, assets, profits, and net income of the Corporation are irrevocably dedicated to charitable and educational purposes, no part of which shall inure to the benefit of any private person or individual. The Corporation shall not distribute any gains, profits, or dividends to the Directors, officers, members or trustees thereof, or to any other private persons or individuals, except that the Corporation shall be authorized and empowered to pay reasonable compensation for services rendered in carrying out, and to make payments and distributions in furtherance of, the purposes set forth in these Articles of Incorporation. 4. LOBBYING AND POLITICAL CAMPAIGNS. No substantial part of the activities of the Corporation shall be the carrying on of propaganda, or otherwise attempting to influence legislation, and the Corporation shall not participate in, or intervene in (including the publishing or distribution of statements) any political campaign on behalf of or in opposition to any candidate for public office. 5. DISSOLUTION. Upon winding up and dissolution of the Corporation, the assets of the Corporation remaining after payment of all debts and liabilities shall be distributed to an organization recognized as exempt within the meaning of Section 501(c)(3) of the Internal Revenue Code, or the corresponding section of any future federal tax code, or shall be distributed to the federal government, or to a state or local government, for a EXHIBIT A Articles of Incorporation Collier County Community Land Trust, Inc. Page 4 of 4 public purpose. Any such assets not so disposed of shall be disposed of by a court of competent jurisdiction of the county in which the principal office of the Corporation is then located, exclusively for such purposes or to such organization or organizations, as said court shall determine, which are organized and operated exclusively for such purposes. If the Corporation holds any assets in trust, such assets shall be disposed of in such a manner as may be directed by decree of a court of competent jurisdiction of the county in which the principal office of the Corporation is then located, upon petition thereof by the Attorney General or by any person concerned in the liquidation. ARTICLE X INDEMNIFICATION Indemnification of the Corporation’s Directors and officers shall be pursuant to the Corporation’s Bylaws. ARTICLE XI AMENDMENT These Articles of Incorporation may be amended in accordance with, and as provided for in, the Corporation’s Bylaws. ARTICLE XII EFFECTIVE DATE The Effective Date of these Articles of Incorporation shall be the date of filing with the Department of State. IN WITNESS WHEREOF, the incorporator has executed these Articles of Incorporation of Collier County Community Land Trust, Inc., on this ___ day of ____________, 2018. I submit this document and affirm that the facts stated herein are true. I am aware that any false information submitted in a document to the Department of State constitutes a third degree felony as provided for in s. 817.155, F.S. Incorporator: HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA, INC., d/b/a HELP ___________________________________________ Michael Puchalla, Executive Director EXHIBIT A Team Qualifications Housing Development Corporation of SW Florida, Inc, d/b/a HELP, is a HUD-approved non-profit counseling agency. We have provided home buyer education assistance and individual credit/financial counseling since 2008. The current staff consists of 4 highly qualified full-time counselors (3 bi-lingual in English/Spanish), and a bi-lingual part-time home buyer education provider with over 9 years of experience. Our organization established itself as one of the premier advisor agencies for the Florida Hardest Hit Fund program running from October 2010 through early 2018, working with just under 7,200 program applicants in that span. Applications for this program required a high-level review for eligibility based on guidelines established by Florida Housing Finance Corporation (FHFC) and the US Treasury Department. HELP contracted with FHFC on August 20, 2013 to provide foreclosure counseling services through the Florida Foreclosure Counseling Program (FCP). The contract has been subsequently amended and extended, and is ongoing. Service offerings have been expanded to include Financial Management and Pre-Purchase counseling in addition to foreclosure counseling. HELP contracted with Collier County Community and Human Services on December 12, 2017, to provide home buyer education and financial coaching services to the local community. The program is funded through SHIP, and the total grant award was $47,377. This program will be completed by the end of June, 2019. Michael Puchalla will serve as the initial director of the CCCLT project and primary contact. Mr. Puchalla maintains an active Florida Mortgage Loan Originators license, which requires annual continuing education and testing. Administrative support and intake and counseling services will be provided by Maria Gonzalez and Marie Gonzper. All 3 team members will complete individual HUD certification by the end of Quarter 2, 2019. We feel strongly that we have the time, experience, and resources to successfully launch the Collier County Community Land Trust (CCCLT), and to stay actively involved in a management and administrative capacity for as long as the CCCLT Board deems necessary. Furthermore, HELP will assist in identifying and qualifying potential participants in CCCLT rental and homeownership programs and in delivering ongoing education and counseling services. HELP is well- positioned to seek outside funding for the CCCLT including federal, state and local grant opportunities. Attached: - Team member resumes - 2019 Board-approved budget - 2016 Audit (2018 audit will be completed and available by 5/31/2019) - Articles of Incorporation - Corporate By-Laws - IRS Tax Exempt Certification - 2017 990 MICHAEL J. PUCHALLA 16273 Aberdeen Way Naples, FL 34110 | (239) 289-6846 | michael@collierhousing.com SUMMARY Experienced leader in the non-profit and financial fields with an entrepreneurial background EXPERIENCE July 2013 - Present Executive Director, Housing Development Corporation of SW Florida, Inc., d/b/a HELP · Manage all programs, fund raising, and grant writing for HUD-approved housing counseling agency February 2009 – July 2013 Assistant Director/Housing Counselor, Housing Development Corp of SW Florida, Inc. · Certified Foreclosure Intervention Specialist and housing counselor · Helped establish all counseling programs and managed counseling staff July 2007 – December 2008 Loan Originator, Suntrust Mortgage. · Licensed loan originator specializing in first time buyer programs January 2003 – June 2007 Partner/Broker, Platinum Coast Mortgage Services · Established wholesale mortgage brokerage business · Managed brokers and wholesale lending relationships, and handled all compliance EDUCATION August 1992 – July 1996 BA, Management and Entrepreneurship, University of Wisconsin – Eau Claire - Named 1997 College of Business Student of the Year References Available Upon Request 5242 31st PL SW Cell: (239) 601-4001 Naples, FL 34116 Work: (239) 434-2397 ext. 200 Email: mgonzalez@collierhousing.com Work Email: mgonzalez@collierhousing.com 1 Maria B. Gonzalez Objective To demonstrate my Managerial, Customer Service, Organizational, and Communication skills. Languages Experience Fluent in English and Spanish February 28, 2011 – Present HDC of SW Florida, Inc. D/B/A HELP (Housing. Education. Lending Programs) Naples, FL Housing Counselor Financial Management/Credit Counseling/Pre-Purchase Counseling: collect, scan and organize client documentation. Input information into data base, meet with clients and give Household Evaluation/Action plan, follow up with clients. Partner with Providence House, Sunlight Home, Catholic Charites, Salvation Army, the Shelter for Abused Women and Children, Habitat for Humanity and Legal Aid among others. eHome America: send out and/or prepare Certificates of Completion and Home Buyer Resource Guide, input client demographics into system, and maintain individual client files for the State of Florida. Immokalee Money Management Program: organize lessons and events, register students, make folders, input demographics into system, follow up for credit counseling or additional services. iBERIA MORTGAGE Grant Funding: intake of client demographics, answer questions or concerns regarding disclosers and the homebuying process. Pre-Screening files and Assist Coworkers: collect and process client information and documents. Make copies, send emails/fax/calls, filing and run errands as needed. Schedule appointments (new and follow ups). For (FCP) Foreclosure Prevention Counseling and the Florida Hardest Hit Program. Route and transfer phone calls as needed. Help with Home Buyer Education & Financial Literacy classes: register students, make folders, input demographics into system, follow up for counseling sessions. Successfully completed certifications: Rental Eviction and Mortgage Delinquency, Recovery After Foreclosure, The Tiny Houses Phenomenon, Delivering Effective Financial Education for Today's Consumer, Financial Coaching: Helping Clients Reach Their Goals, Delivering Effective Financial Education, Successful Approaches to Engaging and Retaining Clients in Your Financial Capability Program, NCHEC Certification in Financial Capability Education September 2005 – May 2010 Hodges University Naples, FL B.A., in Business Administration with a minor in Marketing Gulf Coast High School & Lely High School Manatee Middle Manatee Elementary Summery of Qualifications *Front-Office Operations *Customer Service *Dedicated and Loyal *Professional attitude *Ability to multi-task *Eager to learn *Proficiency with computers: Microsoft Word, Excel, Power Point, Publisher, Outlook, PDF, Counselor Max and more References Available upon request Marie Gonzper Marie Gonzper’s full time employment at Housing Development Corporation of SW Florida, Inc. d/b/a H.E.L.P. commenced on March 23, 2009. Mrs. Gonzper brings a wealth of knowledge from the housing industry through her past employment experience in banking, mortgage and the real estate industry. She is fluent in both English and Spanish. 2009-current: Housing Advisor & Financial Educator/Coach • Teach, inspire and train the community of residents in money management skills, consumerism, financial planning and homeownership. • Pre-purchase counseling, evaluate income, debt, credit score and ratios to identify if the scenario appears positive for a mortgage loan pre-approval. If an immediate pre-approval is not possible, then offer the guidance necessary to achieve the goal of homeownership. • Foreclosure intervention counseling, evaluating homeowners regarding the retention or disposition options of their primary home and maintaining open communication with them until a resolution is achieved. • Florida Hardest Hit advisor for the Unemployment Mortgage Assistance Program, the Principal Reduction Program and the Modification Enabling Program. 2003-2008: Realtor assistant at Internet Realty Group, Inc. until promoting herself to a full time licensed real estate agent at VIP Realtors, Inc and eventually Premiere Plus Realty. The knowledge and experience obtained in this field has created the foundation for her housing counseling skills. 1997-2003: Legal Assistant and Office Manager in the Law Offices of Pinter & Shapiro and the Law Office of John Stinziano, encompassing all aspects of real estate transactions, estate planning, circuit court filings and office administration. 1995-1996: Housewife. 1986-1994: Processor in JB Mortgage Company for a period of 2 years until securing employment at Great Western Bank as a personal banker and branch manager assistant. Housing Development Corp of SW Florida, d/b/a HELP 2019 Aggregate Budget Revenue Income Certification Revenue 25,000.00 FCP/Pre-purchase Counseling 84,000.00 Rental Income 14,184.00 Bank Donations/Charitable Gifts/Fundraisinig 75,000.00 Grant Funding 137,500.00 eHome America Revenue 8,400.00 Total Revenue 344,084.00 Expenses Payroll Expense Employee Wages/Taxes 212,500.00 Fringe/Benefits 7,720.00 Total Payroll Expense 220,220.00 Rent 53,000.00 Accounting Fees 10,000.00 Credit Reports 3,000.00 Education/Training 2,000.00 Education Contractor 6,000.00 Workshop materials/printing/refreshments 2,000.00 Furniture & Office Equiqment 7,000.00 Insurance (Errors & Omissions)1,500.00 Insurance (Worker's Compensation)700.00 Insurance (General, Officer's & Director's Liability)550.00 Insurance Auto 900.00 Licenses and Permits 300.00 Debt Service (interest 3,000.00 Marketing & PR 7,000.00 Memberships 500.00 Miscelleaneous 500.00 Postage 250.00 Fed Ex/Shipping costs 1,200.00 Supplies 1,000.00 Travel/Mileage/Lodging 3,000.00 Internet/Phones/Web hosting/Efax 6,000.00 Monthly Maintenance/Cleaning 4,000.00 Total Expenses 333,620.00 Net Reserves $10,464.00 HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA, INC. FINANCIAL STATEMENTS WITH INDEPENDENT AUDITOR REPORT DECEMBER 31, 2016 TABLE OF CONTENTS Page(s) Independent Auditor’s Report……………………………………………………………………………………………………………. 1-2 FINANCIAL STATEMENTS Statement of Financial Position……………………………………………………………………………………………………………... 3 Statements of Activities…………………………….………………………………………………………………………………….………. 4 Statements of Functional Expenses……………………………………………………………………………………………………….. 5 Statements of Cash Flows…………………………………………………………………………………………………………………….. 6 Notes to the Financial Statements…………………………………………………………………………………………………. 7 – 12 Independent Auditor’s Report To the Board of Directors Housing Development Corporation of SW Florida, Inc. Naples, Florida We have audited the accompanying financial statements of Housing Development Corporation of SW Florida, Inc (a not-for-profit organization) which comprise the statement of financial position as of December 31, 2016, and the related statements of activities, functional expenses, and cash flows for the year then ended, and the related notes to the financial statements. These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements based on our audit. Management’s Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are fee from material misstatement, whether due to fraud or error. Auditor’s Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. Opinion In our opinion, the financial statements referred to above, present fairly, in all material respects, the financial position of Housing Development Corporation of SW Florida, Inc. as of December 31, 2016, and the changes in its net assets and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America. Nealson Group, LLC Boca Raton, FL October 16, 2017 3 of 12 Housing Development Corporation of SW Florida, Inc. Notes to the Financial Statements December 31, 2016 See Auditor's Report and the notes to the financial statements. STATEMENT OF FINANICAL POSITION 2016 ASSETS CURRENT ASSETS Cash and cash equivalents 47,040$ Account receivables 3,100 TOTAL CURRENT ASSETS 50,140 FURNITURE AND EQUIPMENT, NET 9,266 TOTAL ASSETS 59,406$ LIABILITIES AND NET ASSETS CURRENT LIABILITIES Line of credit 25,000$ Accrued payroll liabilities 2,423 NET ASSETS Net assets without donor restrictions 31,983 TOTAL NET ASSETS 31,983 TOTAL LIABITIES & NET ASSETS 59,406$ 4 of 12 Housing Development Corporation of SW Florida, Inc. Notes to the Financial Statements December 31, 2016 See Auditor's Report and the notes to the financial statements. STATEMENT OF ACTIVITIES Unrestricted Temporarily Restricted Permanently Restricted Total 2016 CHANGES IN NET ASSETS SUPPORT AND REVENUE Grant Revenue -$ 121,000$ -$ 121,000$ Contributions 60,566 - - 60,566 Project delivery 234,734 - - 234,734 Rental income 14,175 - - 14,175 TOTAL SUPPORT & REVENUE 309,475 121,000 - 430,475 NET ASSETS RELEASED FROM RESTRICTIONS Satisfaction of program restrictions - grants and contracts 121,000 (121,000) - - TOTAL SUPPORT & REVENUE 430,475 - - 430,475 EXPENSES Program services 336,675 - - 336,675 Management and general 64,602 - - 64,602 TOTAL EXPENSES 401,277 - - 401,277 CHANGE IN NET ASSETS 29,198 - - 29,198 NET ASSETS AT BEGINNING OF YEAR 2,785 - - 2,785 NET ASSETS AT END OF YEAR 31,983$ -$ -$ 31,983$ 5 of 12 Housing Development Corporation of SW Florida, Inc. Notes to the Financial Statements December 31, 2016 See Auditor's Report and the notes to the financial statements. STATEMENT OF FUNCTIONAL EXPENSES Program Services Support Services 2016 EXPENSES Payroll wages and taxes 230,084$ 47,166$ 277,250$ Occupancy 33,795 6,921 40,716 Office expenses 21,237 4,659 25,896 Assistance Program 14,400 - 14,400 Employee benefits 10,543 2,169 12,712 Other office expenses 9,638 - 9,638 Advertising and promotions 4,909 - 4,909 Telephone 3,293 365 3,658 Insurance 2,930 600 3,530 Professional fess 2,050 419 2,469 Depreciation 1,923 393 2,316 Interest - 1,910 1,910 Travel 1,873 - 1,873 TOTAL EXPENSES 336,675$ 64,602$ 401,277$ 6 of 12 Housing Development Corporation of SW Florida, Inc. Notes to the Financial Statements December 31, 2016 See Auditor's Report and the notes to the financial statements. STATEMENT OF CASH FLOWS 2016 CHANGES IN NET ASSETS CASH FLOWS FROM OPERTING ACTVITIES Cash collected from contributions 121,000$ Cash collected from project delivery 234,734 Cash collected from rental income 14,175 Cash paid to suppliers (335,857) NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITES 34,052 CASH FLOW FROM INVESTING ACTIVITIES Purchase of automobile (11,582) NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITES (11,582) CASH FROM FINANCING ACTIVITIES Net borrowing on line of credit (20,000) NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITES (20,000) NET CHANGE IN CASH AND CASH EQUIVALENTS 14,052 Cash and cash equivalents, beginning of year 32,988 Cash and cash equivalents, end of year 47,040$ 7 of 12 Housing Development Corporation of SW Florida, Inc. Notes to the Financial Statements December 31, 2016 NOTE A – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Organization and nature of operations Housing Development Corporation of SW Florida, Inc. (the “Organization”) is a nonprofit corporation organized in the State of Florida in September, 2003. The Organization is located in Naples, Florida. The Organization’s objective is to ensure that all residents of Southwest Florida have a decent, affordable home in a safe neighborhood. The organization’s goals are to expand opportunities available to very low, low and moderate-income citizens and to raise the economic, educational and social levels of Southwest Florida residents. The Organization’s services include housing assistance, Fair Housing outreach, homebuyer education, and foreclosure counseling. Basis of accounting The accompanying financial statements have been prepared on the accrual basis of accounting in conformity with accounting principles generally accepted in the United States of America. The accounting and reporting policies of the Organization are in accordance with the accounting and auditing standards issued by the Financial Accounting Standards Board (“FASB”) in the Accounting Standards Codification (“ASC”). Financial statement presentation The Organization prepares its financial statements in accordance with the Not-for-Profit Organizations Topic of the FASB ASC. This topic requires the Organization to report information regarding its financial position and activities according to three classes of net assets: unrestricted net assets, temporarily restricted net assets, and permanently restricted net assets. The organization has no temporarily or permanently restricted net assets as of December 31, 2016. Contributions The Organization accounts for its contributions in accordance with the Not-For-Profit Organizations Topic of FASB ASC. In accordance with this topic, contributions received are recorded as unrestricted, temporarily restricted, or permanently restricted support depending on the existence and/or nature of any donor restrictions. All donor-restricted contributions are reported as increases in temporarily or permanently restricted net assets depending on the nature of the restriction. Statement of cash flows For purposes of the statement of cash flows, the Organization considers only highly liquid investments held for operations and purchased with an original maturity of three months or less to be cash equivalents. It does not consider highly liquid cash equivalents held for investment (non-operating) purpose in reporting cash flows. As of December 31, 2016, there were no such investments held for operations by the Organization. 8 of 12 Housing Development Corporation of SW Florida, Inc. Notes to the Financial Statements December 31, 2016 NOTE A – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, CONTINUED Recognition of donor restrictions Support that is restricted by the donor is reported as an increase in unrestricted net assets if the restriction expires in the reporting period in which the support is recognized. All other donor- restricted support is reported as an increase in temporarily or permanently restricted net assets, depending on the nature of the restriction. When a restriction expires, or when the purpose of the restriction is met, temporarily restricted net assets are reclassified to unrestricted net assets. Furniture and equipment Furniture and equipment is recorded at cost, or if donated, at fair value on the date of the donation. Such donations are reported as unrestricted support unless the donor has restricted the donated asset to a specific purpose. Assets donated with explicit restrictions regarding their use and contributions of cash that must be used to acquire furniture and equipment is reported as restricted support. Absent donor stipulations regarding how long those donated assets must be maintained, the Organization reports expirations of donor restrictions when the donated or acquired assets are placed in service as instructed by the donor. The Organization reclassifies temporarily restricted net assets to unrestricted net assets at that time. The Organization capitalizes assets with a cost or donated fair value of $500 or more and a useful life of more than one year. Depreciation is computed using accelerated methods over the estimated useful lives of the assets. The costs of assets retied or sold, together with the related accumulated depreciation, is removed from he accounts and any gain or loss on disposition is credited or charged to earnings. Impairment of long-lived assets The Organization reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future net undiscounted cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount which the carrying amount of the assets exceeds the fair value of the assets. There was no effect on the Organization’s financial statements resulting from this topic for the year ended December 31, 2016. Management estimates Timely preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities and disclosures, some of which may need revision in future periods. Accordingly, actual results may differ from those estimates. 9 of 12 Housing Development Corporation of SW Florida, Inc. Notes to the Financial Statements December 31, 2016 NOTE A – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, CONTINUED Functional expenses The Organization allocates its expenses on a functional basis among its various program and supporting services. Expenses that can be identified with a specific program service are allocated directly according to their natural expenditure classification. Non-direct expenses are allocated using a reasonable percentage method determined by management. Income taxes The Organization is a not-for-profit organization as described in Section 501(c)(3) of the Internal Revenue Code and is generally exempt from income taxes on related income pursuant to the appropriate section of the Internal Revenue Code. The Organization is a not-for-profit Florida corporation and therefore is not subject to state income taxes. The Internal Revenue Code provides for taxation of unrelated business income under certain circumstances. The Organization reports no unrelated business taxable income; however, such status is subject to final determination upon examination of the related tax returns by the appropriate taxing authorities. The Organization’s tax filings are subject to audit by various taxing authorities. Certain income tax returns filed by the Organization remain open to examination by these government agencies. The Financial Accounting Standards Board has issued guidance on accounting for uncertainty in income taxes and the Organization adopted this guidance. The Organization has evaluated its tax positions and any estimates utilized in its tax returns, and concluded that the Organization has taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. Interest and penalties associated with uncertain tax positions will be recognized in income tax expense, if required. Donated materials and services Donated land, buildings, equipment, investments, and other non-cash donations are recorded as contributions at their fair market value at their date of donation. The Organization reports the donations as unrestricted support, unless explicit donor stipulations specify how the donated assets must be used. Gifts of long-lived assets with explicit restrictions that specify how the assets must be used, and gifts of cash or other assets that must be used to acquire long-lived assets are reported as restricted support. Absent explicit donor stipulations about how those long-lived assets must be maintained, the Organization reports expirations of donor restrictions when the donated or acquired long-lived assets are placed in service. Donated services that do not require specialized skills or enhanced nonfinancial assets are not recorded in the accompanying financials statements because no objective basis is available to measure the value of such services. 10 of 12 Housing Development Corporation of SW Florida, Inc. Notes to the Financial Statements December 31, 2016 NOTE A – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, CONTINUED Grants and accounts receivables Grants and accounts receivable are stated at the amount management expects to collect from outstanding balances. No provision for uncollectible accounts receivable has been established, as management believes that the amounts are collectible. Fair value measurement ASC Topic, Fair Value Measurements, establishes a framework for measuring fair value and expands disclosures about fair value measurements. The standards establish a fair value hierarchy that prioritizes the inputs and assumptions used to measure fair value. The three levels of the fair value hierarchy are as follows: • Level 1 -Inputs that reflect unadjusted quoted prices in active markets for identical assets or liabilities at the measurement date. Instruments which are generally included in this category include equity and debt securities publicly traded on an exchange. • Level 2 -Inputs other than quoted prices in active markets that are observable for the asset either directly or indirectly, including inputs in markets that are not considered to be active. • Level 3 -Inputs that are unobservable and which require significant judgment or estimation. A qualifying asset or liability's level within the framework is based upon the lowest level of any input that is significant to the fair value measurement. The Organization’s financial instruments consist of cash and cash equivalents, receivables, payable, and accrued liabilities. The Organization estimates that the fair value of all financial instruments do not differ materially from the aggregate carrying values of its financial instruments recorded in the accompanying statement of financial position. Concentrations of credit risk Financial instruments that potentially subject the Organization to credit risk include cash and cash equivalents and receivables. The Organization maintains its cash balances in bank deposit accounts, which at times may exceed federally-insured limits. Grants and accounts receivables are due primarily from grantor agencies and are considered fully collectible as of December 31, 2016. The Organization has not experienced any economic losses on such accounts and believes it is not exposed to any significant credit risk regarding its cash and cash receivable balances. Construction in progress Costs that clearly relate to land development and home construction projects are capitalized. Costs are allocated to project components by the specific identification method whenever possible. Otherwise, acquisition costs are allocated based on their relative fair value before 11 of 12 Housing Development Corporation of SW Florida, Inc. Notes to the Financial Statements December 31, 2016 NOTE A – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, CONTINUED development, and development costs are allocated based on their relative sales value. Interest and taxes are capitalized while development is in progress. Long-term construction contracts The Organization accounts for long-term construction contract under the deposit method because the Organization continues to have obligations with respect to the property. Under the deposit method, no gain or receivable is recognized until the closing and any payments received from the potential buyers are recorded as liabilities. Revenue recognition Revenue from fixed-priced construction contracts are recognized on the completed-contract method. A contract is considered complete when all costs except insignificant items have been incurred and the installation is operating according to specifications and has been closed by the customer. NOTE B – ACCOUNTS RECEIVABLE Accounts receivables as of December 31, 2016 consists of the following: 2016 National Community Capital 8,575 8,575$ NOTE C – FURNITURE AND EQUIPMENT Furniture and equipment consists of the following at December 31, 2016: 2016 Automobile 11,582 Computers and equipment 13,347 Accumulated depreciation (15,663) 9,266$ NOTE D – LINE OF CREDIT The organization maintains an unsecured line of credit in the amount of $50,000 with a financial institution bearing interest at the bank’s prime lending rate, which was 5.75% at December 31, 2016. The line of credit renews annually, and can be used for any business-related purpose. As of December 31, 2016, the outstanding balance was $25,000. 12 of 12 Housing Development Corporation of SW Florida, Inc. Notes to the Financial Statements December 31, 2016 NOTE E– ECONOMIC DEPENDENCE A material part of the Organization’s business is dependent on the receipts of support from federal and state grant funding sources. Loss of these funds would have a material effect on the Organization and a negative impact on overall operations. Approximately 28% of total support and revenue was attributable to the receipt of grant funding for the year ended December 31, 2016. Such grant funds are subject to special compliance audits by the grantor, and other third-party agencies that provide these reimbursements. These audits may result in disallowed expense amounts. Disallowed amounts, if any, constitute a contingent liability of the Organization. The Organization does not believe any contingent liabilities that may exist are material. Accordingly, such liabilities are not reflected within the financial statements. NOTE F – OPERATING LEASE The Organization rents office space, under an operating lease that expires on May 31 of each year with an option to renew annually with a monthly payment of $3,393. Lease expense for the year ended December 31, 2016 was $40,716. As of May 27, 2011, the Organization began subletting part of its office space to another Organizations. The sublease is for one year with a renewal for an additional year. The sublease was renewed for 2016 for a term of one year at $1,181.25 per month. NOTE G – SIMPLE IRA During 2016, the Organization established a SIMPLE IRA. All employees are eligible to make contributions into the plan and receive matching contributions from the Organization. The Organization can match up to three percent (3%) of the qualified employee’s compensation subject to certain limitations. The Organization contributed $8,353 for the year ended December 31, 2016. NOTE H – SUBEQUENT EVENTS Management has assessed subsequent events through October 6, 2017, the date on which the financial statements were available to be issued, and has determined no events have occurred that require additional disclosure. 3200 BAILEY LANE SUITE #109 NAPLES, FL 34105 Current Principal Place of Business: Current Mailing Address: 3200 BAILEY LANE SUITE #109 NAPLES, FL 34105 US Entity Name: HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA, INC. DOCUMENT# N03000008167 FEI Number: 38-3695928 Certificate of Status Desired: Name and Address of Current Registered Agent: MCLAUGHLIN, TAYLOR 3200 BAILEY LANE SUITE 109 NAPLES, FL 34105 US The above named entity submits this statement for the purpose of changing its registered office or registered agent, or both, in the State of Florida. SIGNATURE: Electronic Signature of Registered Agent Date Officer/Director Detail : I hereby certify that the information indicated on this report or supplemental report is true and accurate and that my electronic signature shall have the same legal effect as if made under oath; that I am an officer or director of the corporation or the receiver or trustee empowered to execute this report as required by Chapter 617, Florida Statutes; and that my name appears above, or on an attachment with all other like empowered. SIGNATURE: Electronic Signature of Signing Officer/Director Detail Date TAYLOR MCLAUGHLIN FILED Apr 18, 2019 Secretary of State 2245825917CC MICHAEL PUCHALLA EXECUTIVE DIRECTOR 04/18/2019 2019 FLORIDA NOT FOR PROFIT CORPORATION ANNUAL REPORT No 04/18/2019 Title PRESIDENT Name MCLAUGHLIN, TAYLOR J Address 125 NESBIT STREET City-State-Zip:PUNTA GORDA FL 33950 Title V Name DAVIS, CHRISTIAN Address 886 110TH AVENUE N City-State-Zip:NAPLES FL 34108 Title D Name PRICE, TRACY Address 6621 WILLOW PARK DRIVE UNIT 1 City-State-Zip:NAPLES FL 34109 Title D Name CARDENTEY, YUSEL Address 13099 US 41 SE City-State-Zip:FORT MYERS FL 33907 Title EXECUTIVE DIRECTOR Name PUCHALLA, MICHAEL Address 3200 BAILEY LANE SUITE 109 City-State-Zip:NAPLES FL 34105 Title ST Name MELO, LAUREN Address 3035 64TH STREET SW City-State-Zip:NAPLES FL 34105 Title D Name SMITH, SPENCER Address 9015 STRADA STELL CT 204 City-State-Zip:NAPLES FL 34109 BYLAWS OF HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA, INC., FORMERLY KNOWN AS COLLIER COUNTY HOUSING DEVELOPMENT CORPORATION ARTICLE I Mission Section 1.01. Mission. The Housing Development Corporation of SW Florida, Inc. (the “Corporation”) is a private, non-profit organization whose mission it to promote home ownership opportunities and financial strength through education and counseling. The Corporation shall have such powers as may be stated in its Articles of Incorporation or conferred by law in order to carry out the foregoing purposes. ARTICLE II Offices and Registered Agent Section 2.01. Principal Office. The principal office of the Corporation shall be located in Collier County, Florida. The address of the principal office may from time to time be changes by the Board of Directors. Section 2.02. Registered Agent. The Corporation shall have and continuously maintain in Collier County, Florida, a registered agent. ARTICLE III Board of Directors Section 3.01. Function of Directors. The business and affairs of the Corporation shall be managed under the direction of its Board of Directors (hereinafter “Directors”). All powers of the Corporation shall be exercised by or under authority of the Directors, subject to the Articles of Incorporation, these Bylaws and applicable law. Section 3.02. Number of Directors. The initial number of Directors of the Corporation shall be three (3). Thereafter, the number of Directors of the Corporation shall not be less than three (3), nor more than fifteen (15). Such number may be increased or decreased from time to time by the Directors within the above limits; however, no decrease shall have the effect of shortening the term of an incumbent Director. Section 3.03. Election and Tenure of Directors. The terms of the Directors shall be staggered, consisting initially of one, two and three-year terms. At the Annual Meeting, the Directors shall be elected. Each Director elected to the Board of Directors after the initial Directors will be elected for a three-year term. Directors may serve two successive full terms but then are not eligible for election to another term until the expiration of at least one year after the end of the second consecutive full term of such Director. No governing body, official or agency of state or local government may appoint any Director. To the extent possible, Directors and Members of this Corporation shall represent the following professional disciplines or public interests: (a) residential real estate lending, (b) residential real estate development or building construction. (c) rental housing management, (d) community planning, (e) fund raising and (f) concern with housing problems in the community. Section 3.04. Initial Board of Directors. The initial Board of Directors shall consist of nine individuals who shall serve until their successors are designated as provided herein. Section 3.05. Removal of Director. Any director may at any time be removed from office with or without cause by vote of the Board of Directors. Three unexcused absences is cause for removal from the Board of Directors. An unexcused absence occurs when a Director does not notify one of the officers or the Executive Director of their absence. Resignations of Directors will become effective immediately or on the date specified therein and vacancies will be deemed to exist as of such effective date. Section 3.06 Vacancy on Board of Directors. In the event of the death, removal from office, resignation of a Director, or an increase in the number of Directors, a successor to fill such vacancy shall be elected by a majority of the remaining Board of Directors. A person elected to fill a vacancy caused by death, removal or resignation shall serve for the remainder of the unexpired term of the predecessor in office and thereafter shall be eligible to serve two full terms. Section 3.07. Regular Meetings. The Corporation shall hold meetings of its Board of Directors no less than quarterly. Regular meetings of the Board of Directors shall be held at such times and places as may be designated from time to time by the President or a majority of the Board of Directors. Section 3.08. Special Meetings. Special meetings of the Board of Directors may be called at any time by the President or a majority of the Board of Directors. A special meeting of the Board of Directors shall be held at such time and place as is designated in the call. Section 3.09. Notice of Meetings. The Secretary shall give written notice to each Director of each regular and special meeting of the Board of Directors. The notice shall state the time and place of the meeting. Notice is given to a Director when it is delivered personally to him/her, left at his/her residence or usual place of business, or sent by telefax, not less than two (2) nor more than thirty (30) days before the time of the meeting. The notice need not state the business to be transacted at or the purposes of and regular or special meeting of the Board of Directors. No notice of any meeting of the Board of Directors need be given to any Director who attends, or to any Director who, in writing executed and filed with the records of the meeting either before or after the holding thereof, waived such notice. Section 3.10. Action by Board of Directors. The action of a majority of the Directors present at a meeting at which a quorum is present is the action of the Board of Directors. A majority of the entire Board of Directors shall constitute a quorum for the transaction of business, unless a greater number is required by the Articles of Incorporation of this Corporation, any other provision of these Bylaws or by applicable law. In the absence of a quorum, no business of the Board of Directors can be conducted. The Executive Committee shall have the power to act on behalf of the Board of Directors in between regular meetings of the Board of Directors, in accordance with the provisions in Section 4.02 of these Bylaws. Section 3.11. Meeting by Conference Telephone. Members of the Board of Directors may participate in a meeting by means of a conference telephone or similar media. Participation in a meeting by these means constitutes presence in person at a meeting. Section 3.12. Conflicts of Interest. No member of the Board of Directors may use his or her position to profit personally at the expense of the Corporation. No member of the Board of Directors shall vote on any matter in which such Director or the Director’s parent, spouse, child, partner, employer or similar related business entity has a direct, substantial interest in any property or business that would be specifically, directly or substantially affected by such action. Directors will disclose any real or potential conflict of interest of which they are aware, arising in the conduct of the Corporation’s business. Conflicts declared by Directors shall be noted in the minutes of the Board of Directors. The Board of Directors may establish additional reasonable policies to protect against any conflicts of interest that could be detrimental to the Corporation. ARTICLE IV Committees Section 4.01. Committees. The Board of Directors may appoint from among its members an Executive Committee and a Finance Committee. The Board of Directors may also appoint from its members or other individuals such other committees as the Board of Directors may from time to time determine. The Board of Directors must approve a statement of charges and responsibilities for each such committee prior to such committee being appointed. Each committee may fix rules of procedure for its business. A majority of the members of a committee shall constitute a quorum for the transaction of business and the act of a majority of those present at a meeting at which a quorum is present shall be the act of the committee. Any action required or permitted to be taken at a meeting of a committee may be taken without a meeting, if a unanimous written consent which sets forth the action is signed by each member of the committee and filed with the minutes of the committee. The members of a committee may conduct any meeting thereof by conference telephone in accordance with the provisions of Section 3.10 of these Bylaws. Section 4.02. Executive Committee. This Corporation shall have an Executive Committee consisting of members of the Board of Directors, as selected by the Board of Directors. The Executive Committee may act for the Board of Directors in between regular meetings of the Board of Directors, except that the Executive Committee may not elect officers or amend these Bylaws. ARTICLE V Officers Section 5.01. Executive Officers. The Corporation shall have a President, a Vice-President, a Secretary and a Treasurer. It may also have one or more Assistant Vice Presidents, one or more Assistant Secretaries and one or more Assistant Treasurers. A person may hold more than one office in the Corporation but may not serve concurrently as both President and Vice President of the Corporation. Section 5.02. President. The President shall preside at all meetings of the Board of Directors at which he/she shall be present; he/she shall have general charge and supervision of the assets and affairs of the Corporation, subject to the control of the Board of Directors; and, in general, he/she shall perform all duties incident to the office of a president of a corporation, and such other duties as are from time to time assigned to him/her by the Board of Directors. Section 5.03. Vice President. The Vice President, at the request of the President or in his/her absence or during his/her inability to act, shall perform the duties and exercise the functions of the President, and when so acting shall have the powers of the President. The Vice President shall have such other powers and perform such other duties, as are from time to time assigned to him/her by the Board of Directors or the President. Section 5.04. Secretary. The Secretary or his/her designee shall keep the minutes of the meetings of the Board of Directors in books provided for the purpose; he/she shall see that all notices are duly given in accordance with the provisions of the Bylaws or as required by law; he/she shall be custodian of the records of the Corporation; and in general, he/she shall perform all duties incident to the office of a secretary of a corporation, and such other duties as are from time to time assigned to him/her by the Board of Directors or the President. Section 5.05. Treasurer. The Treasurer shall have charge of and be responsible for all funds, securities, receipts and disbursements of the Corporation; he/she shall render to the President and to the Board of Directors, whenever requested, an account of the financial condition of the Corporation; and, in general, he/she shall perform all the duties incident to the office of a treasurer of a corporation, and such other duties as are from time to time assigned to him/her by the Board of Directors or the President. Section 5.06. Assistant Officers. Any assistant officers shall have such duties as are from time to time assigned to them by the Board of Directors or the President. Section 5.07. Compensation. There shall be no compensation paid to any officers of the Corporation. Section 5.08. Election, Tenure and Removal of Officers. The Board of Directors shall annually elect, by majority vote, the Officers of this Corporation at any regular or special meeting. Each officer serves for one year or until his/her successor has been elected and has qualified. The Board of Directors may remove an officer at any time, with or without cause, whenever in the judgment of the Board of Directors the best interests of this Corporation will be served. In the event of the death, removal from office or resignation of an officer, a successor to fill such vacancy shall be elected by a majority vote of the Board of Directors. An officer shall serve for the unexpired portion of the term. ARTICLE VI Members 6.01. Generally. The members of this Corporation (the “Members”) shall be those persons, natural or otherwise, committed to the purposes of the Corporation who are admitted to membership in accordance with procedures adopted by the Board of Directors, which procedures may include the payment of dues. The Board of Directors may establish different classes of membership. Dues payable to the Corporation by Members shall be in such amount(s) as may be determined from time to time by the Board of Directors. 6.02. Advisory Board. The Board of Directors may appoint from among the Members an Advisory Board. The Advisory Board shall have such duties as are from time to time assigned to it by the Board of Directors. The Advisory Board’s duties may include, among other things, making proposals to the Board of Directors regarding accomplishment of the Corporation’s mission, as stated in Section 1.01 of these Bylaws or Article II of this Corporation’s Articles of Incorporation. The Board of Directors may remove a member of the Advisory Board at any time, with or without cause, whenever in the judgment of the Board of Directors the best interests of this Corporation will be served by the removal. 6.03. Composition. To the extent possible, at least one of the members of the Advisory Board shall represent the public sector, including: (a) representatives from Collier County and (b) representatives from municipalities within Collier County. Additionally, to the extent possible, at least one of the members of the Advisory Board shall represent other non-profit organizations concerned with providing housing to Collier County residents. 6.04. Notice. The Secretary of this Corporation shall provide each member of the Advisory Board with notice of regular and special meetings of the Board of Directors as prescribed in Section 3.08 of these Bylaws. ARTICLE VII Executive Director Section 7.01. Employment of Executive Director. The Board of Directors shall employ an Executive Director to be the Corporation's Chief Executive Officer to implement and execute Board of Directors policies, and supervise and manage business affairs of the Corporation. Section 7.02. Functions of Executive Director. The Executive Director shall propose an organizational structure for the Corporation, which shall approve the structure and permanent personnel positions. The Executive Director shall have authority and responsibility to hire, dismiss, evaluate and otherwise supervise the employees of the Corporation. He/she shall manage the office and the develop programs which fulfill the Corporation's mission and long range goals. The Executive Director shall submit a proposed annual budget to the Board of Directors, and shall report monthly to the Board of Directors about the status of the Corporation's operations and programs. He/she shall provide other reports requested by the President or the Board of Directors. The Executive Director shall perform all duties incident to this office and such other duties as maybe prescribed by the Board of Directors. ARTICLE VIII Finance Section 8.01. Checks, Drafts, Etc. All checks, drafts and orders for the payment of money, notes, and other evidences of indebtedness issued in the name of the Corporation in an amount of $5,000 or above, shall, unless otherwise provided by resolution of the Board of Directors, be signed by the Treasurer, or his designee, and another officer of the Corporation. All checks, drafts, and/or orders below $5,000 and all payroll checks shall be signed by the Treasurer, the Treasurer’s designee or the Executive Director. Section 8.02. Annual Financial Statement. There shall be prepared annually a full and correct financial statement of the Corporation, which shall include a balance sheet and a statement of operations for the preceding fiscal year. The financial statement shall be submitted at the annual meeting of the Board of Directors and, within twenty (20) days after the meeting, placed on the file at the Corporation's principal office. Such statement shall be prepared at the direction of the Board of Directors. If no executive officer is so designated, it shall be the duty of the President to prepare or cause to be prepared such statement. Section 8.03. Fiscal Year. The fiscal year of the Corporation shall be the calendar year, unless otherwise provided by the Board of Directors. ARTICLE IX Miscellaneous Provisions Section 9.01. Books and Records. The Corporation shall keep correct and complete books and recordings of its accounts, transactions and minutes of the proceedings of it Board of Directors. The books and records of the Corporation may be in written form or in another form which can be converted within a reasonable time into written form for visual inspection. Minutes shall be recorded in written form but may be maintained in the form of a reproduction. Section 9.02. Bonds. The Board of Directors may require any officer, agent or employee of the corporation to give a bond to the Corporation, conditioned upon the faithful discharge of his/her duties, with one or more sureties and in such amount as may be satisfactory to the Board of Directors. Section 9.03. Execution of Documents. A person who holds more than one office in the Corporation may not act in more than one capacity to execute, acknowledge, or verify an instrument required by law to be executed, acknowledged, or verified by more than one officer. Section 9.04. Action by Consent. Any action required by law, the Articles of Incorporation of this Corporation, or by these Bylaws or any action which otherwise may be taken at a meeting of the Board of Directors may be taken without a meeting if a consent in writing, setting forth the action so taken, is signed by a majority of a quorum if the persons entitled to vote with respect to the subject matter of such consent. Section 9.05. Amendments. Any provision contained in these Bylaws may be amended or repealed by the vote of two-thirds (2/3) of the Directors present at any meeting of the Board of Directors where quorum has been attained, provided that notice of the general character of the proposed amendment(s) is furnished with the notice of such meeting. ARTICLE X Indemnification Section 10.01. Generally. The Corporation shall indemnify each director or officer, present or former, to the maximum extent permitted by Chapter 607 of the Florida Statutes. Section 10.02. Insurance. The Corporation shall have the power to purchase directors' and officers' liability insurance covering such indemnity and the acts and omissions of any such person who is or was a director or officer of the Corporation. ARTICLE XI Exempt Activities Section 11.01. Exempt Activities. Notwithstanding any other provision of these Bylaws, no member, Director, officer, employee or representative of this Corporation shall take any action or carry on any activity by or on behalf of the Corporation not permitted to be taken or carried on by an organization exempt under Section 501 (c)(3) of the Internal Revenue Code and its Regulations as they now exist or as they may hereinafter be amended, or by an organization contributions to which are deductible under Section 170(c)(2) of such Code and Regulations as they now exist or as they may hereafter be amended. Amended and approved by the Corporation this 30th day of November, 2017. CLIENT COPYForm 8879-EO IRS e-file Signature Authorization OMB No. 1545-1878for an Exempt Organization For calendar year 2017, or fiscal year beginning , 2017, and ending , 20 Department of the Treasury Internal Revenue Service Do not send to the IRS. Keep for your records. Go to www.irs.gov/Form8879EO for the latest information. Name of exempt organization Employer identification number HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA XX-XXXXXXX Name and title of officer MICHAEL PUCHALLA EXECUTIVE DIRECTOR Part I Type of Return and Return Information (Whole Dollars Only) Check the box for the return for which you are using this Form 8879-EO and enter the applicable amount, if any, from the return. If you check the box on line 1a, 2a, 3a, 4a, or 5a, below, and the amount on that line for the return being filed with this form was blank, then leave line 1b, 2b, 3b, 4b, or 5b, whichever is applicable, blank (do not enter -0-). But, if you entered -0- on the return, then enter -0- on the applicable line below. Do not complete more than one line in Part I. 1a Form 990 check here X b Total revenue, if any (Form 990, Part VIII, column (A), line 12) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1b 380,072 2a Form 990-EZ check here b Total revenue, if any (Form 990-EZ, line 9) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b 3a Form 1120-POL check here b Total tax (Form 1120-POL, line 22). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3b 4a Form 990-PF check here b Tax based on investment income (Form 990-PF, Part VI, line 5) 4b 5a Form 8868 check here b Balance Due (Form 8868, line 3c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5b Part II Declaration and Signature Authorization of Officer Under penalties of perjury, I declare that I am an officer of the above organization and that I have examined a copy of the organization's 2017 electronic return and accompanying schedules and statements and to the best of my knowledge and belief, they are true, correct, and complete. I further declare that the amount in Part I above is the amount shown on the copy of the organization's electronic return. I consent to allow my intermediate service provider, transmitter, or electronic return originator (ERO) to send the organization's return to the IRS and to receive from the IRS (a) an acknowledgement of receipt or reason for rejection of the transmission, (b) the reason for any delay in processing the return or refund, and (c) the date of any refund. If applicable, I authorize the U.S. Treasury and its designated Financial Agent to initiate an electronic funds withdrawal (direct debit) entry to the financial institution account indicated in the tax preparation software for payment of the organization's federal taxes owed on this return, and the financial institution to debit the entry to this account. To revoke a payment, I must contact the U.S. Treasury Financial Agent at 1-888-353-4537 no later than 2 business days prior to the payment (settlement) date. I also authorize the financial institutions involved in the processing of the electronic payment of taxes to receive confidential information necessary to answer inquiries and resolve issues related to the payment. I have selected a personal identification number (PIN) as my signature for the organization's electronic return and, if applicable, the organization's consent to electronic funds withdrawal. Officer's PIN: check one box only XXXXXXI authorize THE NEALSON GROUP, LLC to enter my PIN as my signature ERO firm name Enter five numbers, but do not enter all zeros on the organization's tax year 2017 electronically filed return. If I have indicated within this return that a copy of the return is being filed with a state agency(ies) regulating charities as part of the IRS Fed/State program, I also authorize the aforementioned ERO to enter my PIN on the return's disclosure consent screen. As an officer of the organization, I will enter my PIN as my signature on the organization's tax year 2017 electronically filed return. If I have indicated within this return that a copy of the return is being filed with a state agency(ies) regulating charities as part of the IRS Fed/State program, I will enter my PIN on the return's disclosure consent screen. Officer's signature Date Part III Certification and Authentication ERO's EFIN/PIN. Enter your six-digit electronic filing identification XXXXXXXXXXXnumber (EFIN) followed by your five-digit self-selected PIN. do not enter all zeros I certify that the above numeric entry is my PIN, which is my signature on the 2017 electronically filed return for the organization indicated above. I confirm that I am submitting this return in accordance with the requirements of Pub. 4163, Modernized e-File (MeF) Information for Authorized IRS e-file Providers for Business Returns. ERO's signature Date 9/23/2018 ERO Must Retain This Form—See Instructions Do Not Submit This Form to the IRS Unless Requested To Do So For Paperwork Reduction Act Notice, see back of form.Form 8879-EO (2017) HTA CLIENT COPYForm 8879-EO IRS e-file Signature Authorization OMB No. 1545-1878for an Exempt Organization For calendar year 2017, or fiscal year beginning , 2017, and ending , 20 Department of the Treasury Internal Revenue Service Do not send to the IRS. Keep for your records. Go to www.irs.gov/Form8879EO for the latest information. Name of exempt organization Employer identification number HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA XX-XXXXXXX Name and title of officer MICHAEL PUCHALLA EXECUTIVE DIRECTOR Part I Type of Return and Return Information (Whole Dollars Only) Check the box for the return for which you are using this Form 8879-EO and enter the applicable amount, if any, from the return. If you check the box on line 1a, 2a, 3a, 4a, or 5a, below, and the amount on that line for the return being filed with this form was blank, then leave line 1b, 2b, 3b, 4b, or 5b, whichever is applicable, blank (do not enter -0-). But, if you entered -0- on the return, then enter -0- on the applicable line below. Do not complete more than one line in Part I. 1a Form 990 check here b Total revenue, if any (Form 990, Part VIII, column (A), line 12) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1b 2a Form 990-EZ check here b Total revenue, if any (Form 990-EZ, line 9) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b 3a Form 1120-POL check here b Total tax (Form 1120-POL, line 22). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3b 4a Form 990-PF check here b Tax based on investment income (Form 990-PF, Part VI, line 5) 4b 5a Form 8868 check here X b Balance Due (Form 8868, line 3c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5b 0 Part II Declaration and Signature Authorization of Officer Under penalties of perjury, I declare that I am an officer of the above organization and that I have examined a copy of the organization's 2017 electronic return and accompanying schedules and statements and to the best of my knowledge and belief, they are true, correct, and complete. I further declare that the amount in Part I above is the amount shown on the copy of the organization's electronic return. I consent to allow my intermediate service provider, transmitter, or electronic return originator (ERO) to send the organization's return to the IRS and to receive from the IRS (a) an acknowledgement of receipt or reason for rejection of the transmission, (b) the reason for any delay in processing the return or refund, and (c) the date of any refund. If applicable, I authorize the U.S. Treasury and its designated Financial Agent to initiate an electronic funds withdrawal (direct debit) entry to the financial institution account indicated in the tax preparation software for payment of the organization's federal taxes owed on this return, and the financial institution to debit the entry to this account. To revoke a payment, I must contact the U.S. Treasury Financial Agent at 1-888-353-4537 no later than 2 business days prior to the payment (settlement) date. I also authorize the financial institutions involved in the processing of the electronic payment of taxes to receive confidential information necessary to answer inquiries and resolve issues related to the payment. I have selected a personal identification number (PIN) as my signature for the organization's electronic return and, if applicable, the organization's consent to electronic funds withdrawal. Officer's PIN: check one box only XXXXXI authorize THE NEALSON GROUP, LLC to enter my PIN as my signature ERO firm name Enter five numbers, but do not enter all zeros on the organization's tax year 2017 electronically filed return. If I have indicated within this return that a copy of the return is being filed with a state agency(ies) regulating charities as part of the IRS Fed/State program, I also authorize the aforementioned ERO to enter my PIN on the return's disclosure consent screen. X As an officer of the organization, I will enter my PIN as my signature on the organization's tax year 2017 electronically filed return. If I have indicated within this return that a copy of the return is being filed with a state agency(ies) regulating charities as part of the IRS Fed/State program, I will enter my PIN on the return's disclosure consent screen. Officer's signature Date Part III Certification and Authentication ERO's EFIN/PIN. Enter your six-digit electronic filing identification XXXXXXXXXXXnumber (EFIN) followed by your five-digit self-selected PIN. do not enter all zeros I certify that the above numeric entry is my PIN, which is my signature on the 2017 electronically filed return for the organization indicated above. I confirm that I am submitting this return in accordance with the requirements of Pub. 4163, Modernized e-File (MeF) Information for Authorized IRS e-file Providers for Business Returns. ERO's signature Date 9/23/2018 ERO Must Retain This Form—See Instructions Do Not Submit This Form to the IRS Unless Requested To Do So For Paperwork Reduction Act Notice, see back of form.Form 8879-EO (2017) HTA CLIENT COPYForm 8868 Application for Automatic Extension of Time To File an OMB No. 1545-1709Exempt Organization Return (Rev. January 2017) Department of the Treasury File a separate application for each return. Internal Revenue Service Information about Form 8868 and its instructions is at www.irs.gov/form8868. Electronic filing (e-file). You can electronically file Form 8868 to request a 6-month automatic extension of time to file any of the forms listed below with the exception of Form 8870, Information Return for Transfers Associated With Certain Personal Benefit Contracts, for which an extension request must be sent to the IRS in paper format (see instructions). For more details on the electronic filing of this form, visit www.irs.gov/efile, click on Charities & Non-Profits, and click on e-file for Charities and Non-Profits. Automatic 6-Month Extension of Time. Only submit original (no copies needed). All corporations required to file an income tax return other than Form 990-T (including 1120-C filers), partnerships, REMICs, and trusts must use Form 7004 to request an extension of time to file income tax returns. Enter filer's identifying number, see instructions Type or Name of exempt organization or other filer, see instructions. Employer identification number (EIN) or print HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA XX-XXXXXXX File by the due date for filing your return. See instructions. Number, street, and room or suite no. If a P.O. box, see instructions. Social security number (SSN) 3200 BAILEY LANE, Room 109 City, town or post office, state, and ZIP code. For a foreign address, see instructions. Naples, FL 34105 Enter the Return Code for the return that this application is for (file a separate application for each return) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01 Application Return Application Return Is For Code Is For Code Form 990 or Form 990-EZ 01 Form 990-T (corporation)07 Form 990-BL 02 Form 1041-A 08 Form 4720 (individual)03 Form 4720 (other than individual)09 Form 990-PF 04 Form 5227 10 Form 990-T (sec. 401(a) or 408(a) trust)05 Form 6069 11 Form 990-T (trust other than above)06 Form 8870 12 The books are in the care of KATHY PATTERSON Telephone No.239-434-2397 Fax No. If the organization does not have an office or place of business in the United States, check this box . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . If this is for a Group Return, enter the organization's four digit Group Exemption Number (GEN). If this is for the whole group, check this box . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . If it is for part of the group, check this box. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . and attach a list with the names and EINs of all members the extension is for. 1 I request an automatic 6-month extension of time until 11/15 , 20 18 , to file the exempt organization return for the organization named above. The extension is for the organization's return for: X calendar year 20 17 or tax year beginning , 20 , and ending , 20 . 2 If the tax year entered in line 1 is for less than 12 months, check reason: Initial return Final return Change in accounting period 3a If this application is for Forms 990-BL, 990-PF, 990-T, 4720, or 6069, enter the tentative tax, less any nonrefundable credits. See instructions.3a $0 b If this application is for Forms 990-PF, 990-T, 4720, or 6069, enter any refundable credits and estimated tax payments made. Include any prior year overpayment allowed as a credit.3b $0 c Balance due. Subtract line 3b from line 3a. Include your payment with this form, if required, by using EFTPS (Electronic Federal Tax Payment System). See instructions.3c $0 Caution: If you are going to make an electronic funds withdrawal (direct debit) with this Form 8868, see Form 8453-EO and Form 8879-EO for payment instructions. For Privacy Act and Paperwork Reduction Act Notice, see instructions.Form 8868 (Rev. 1-2017) HTA CLIENT COPYForm 990 Return of Organization Exempt From Income Tax OMB No. 1545-0047 Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations) Department of the Treasury Internal Revenue Service Do not enter social security numbers on this form as it may be made public.Open to Public InspectionGo to www.irs.gov/Form990 for instructions and the latest information. A For the 2017 calendar year, or tax year beginning , and ending B Check if applicable:C Name of organization HOUSING DEVELOPMENT CORPORATION OF SW FLORIDAD Employer identification number Address change Doing business as Number and street (or P.O. box if mail is not delivered to street address)Room/suite 38-3695928 Name change 3200 BAILEY LANE 109 E Telephone number Initial return City or town State ZIP code (239) 434-2397NaplesFL34105 Final return/terminated Foreign country name Foreign province/state/county Foreign postal code Amended return G Gross receipts $380,072 Application pending F Name and address of principal officer: H(a) Is this a group return for subordinates?Yes X No MICHAEL PUCHALLA 3200 BAILEY LANE STE 109, NAPLES, FL 34105 H(b) Are all subordinates included?Yes No If "No," attach a list. (see instructions)I Tax-exempt status:X 501(c)(3) 501(c)() (insert no.) 4947(a)(1) or 527 J Website:WWW.COLLIERHOUSING.COM H(c) Group exemption number K Form of organization:X Corporation Trust Association Other L Year of formation:2003 M State of legal domicile:FL Part I Summary 1 Briefly describe the organization's mission or most significant activities:SEE SCHEDULE O 2 Check this box if the organization discontinued its operations or disposed of more than 25% of its net assets. 3 Number of voting members of the governing body (Part VI, line 1a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 6 4 Number of independent voting members of the governing body (Part VI, line 1b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 0 5 Total number of individuals employed in calendar year 2017 (Part V, line 2a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 6 6 Total number of volunteers (estimate if necessary) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 7a Total unrelated business revenue from Part VIII, column (C), line 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7a 0 b Net unrelated business taxable income from Form 990-T, line 34 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7b 0 Prior Year Current Year 8 Contributions and grants (Part VIII, line 1h) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 416,300 365,897 9 Program service revenue (Part VIII, line 2g) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 10 Investment income (Part VIII, column (A), lines 3, 4, and 7d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,175 14,175 12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 430,475 380,072 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 14 Benefits paid to or for members (Part IX, column (A), line 4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 289,962 283,202 16a Professional fundraising fees (Part IX, column (A), line 11e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 b Total fundraising expenses (Part IX, column (D), line 25)0 17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111,315 85,469 18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 401,277 368,671 19 Revenue less expenses. Subtract line 18 from line 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29,198 11,401 Beginning of Current Year End of Year 20 Total assets (Part X, line 16) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59,406 75,106 21 Total liabilities (Part X, line 26) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27,423 31,722 22 Net assets or fund balances. Subtract line 21 from line 20 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31,983 43,384 Part II Signature Block Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge. Sign Here Signature of officer Date Type or print name and title Paid Preparer Use Only Print/Type preparer's name Preparer's signature Date PTIN Check X if CHRISTOPHER J O'NEAL 9/23/2018 self-employed XXXXXXXXX Firm's name THE NEALSON GROUP, LLC Firm's EIN XX-XXXXXXX Firm's address 11187 SEA GRASS CIR, BOCA RATON, FL 33498 Phone no.561-299-1020 May the IRS discuss this return with the preparer shown above? (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X Yes No For Paperwork Reduction Act Notice, see the separate instructions.Form 990 (2017) HTA CLIENT COPYForm 990 (2017)HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Page 2 Part III Statement of Program Service Accomplishments Check if Schedule O contains a response or note to any line in this Part III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X 1 Briefly describe the organization's mission: SEE SCHEDULE O 2 Did the organization undertake any significant program services during the year which were not listed on the prior Form 990 or 990-EZ? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes X No If "Yes," describe these new services on Schedule O. 3 Did the organization cease conducting, or make significant changes in how it conducts, any program services? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes X No If "Yes," describe these changes on Schedule O. 4 Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported. 4a (Code:) (Expenses $307,135 including grants of $) (Revenue $) THIS PROGRAM HAS PROVIDED HOUSING ASSISTANCE, FAIR HOUSING OUTREACH, HOMEBUYER EDUCATION, AND FORCLOSURE COUNSELING TO CITIZENS OF COLLIER COUNTY, FLORIDA. 4b (Code:) (Expenses $including grants of $) (Revenue $) 4c (Code:) (Expenses $including grants of $) (Revenue $) 4d Other program services. (Describe in Schedule O.) (Expenses $0 including grants of $0 ) (Revenue $0 ) 4e Total program service expenses 307,135 Form 990 (2017) CLIENT COPYForm 990 (2017)HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Page 3 Part IV Checklist of Required Schedules Yes No 1 Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 X 2 Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 X 3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 X 4 Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 X 5 Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C, Part III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 X 6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 X 7 Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 X 8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete Schedule D, Part III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 X 9 Did the organization report an amount in Part X, line 21, for escrow or custodial account liability, serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 X 10 Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part V . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 X 11 If the organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable. a Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete Schedule D, Part VI. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11a X b Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11b X c Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11c X d Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11d X e Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11e X f Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11f X 12a Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete Schedule D, Parts XI and XII. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12a X b Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12b X 13 Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 X 14a Did the organization maintain an office, employees, or agents outside of the United States? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14a X b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14b X 15 Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If "Yes," complete Schedule F, Parts II and IV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 X 16 Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If "Yes," complete Schedule F, Parts III and IV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 X 17 Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 X 18 Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 X 19 Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 X Form 990 (2017) CLIENT COPYForm 990 (2017)HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Page 4 Part IV Checklist of Required Schedules (continued) Yes No 20a Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20a X b If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20b 21 Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If "Yes," complete Schedule I, Parts I and II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 X 22 Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If "Yes," complete Schedule I, Parts I and III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 X 23 Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 X 24a Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If "Yes," answer lines 24b through 24d and complete Schedule K. If "No," go to line 25a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24a X b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24b c Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24c d Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24d 25a Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25a X b Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25b X 26 Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? If "Yes," complete Schedule L, Part II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 X 27 Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 X 28 Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions): a A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28a X b A family member of a current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28b X c An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? If "Yes," complete Schedule L, Part IV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28c X 29 Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 X 30 Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 X 31 Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 X 32 Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 X 33 Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 X 34 Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 X 35a Did the organization have a controlled entity within the meaning of section 512(b)(13)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35a X b If "Yes" to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35b 36 Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 X 37 Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 X 38 Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 X Form 990 (2017) CLIENT COPYForm 990 (2017)HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Page 5 Part V Statements Regarding Other IRS Filings and Tax Compliance Check if Schedule O contains a response or note to any line in this Part V . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No 1a Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1a 0 b Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1b 6 c Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1c X 2a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a 6 b If at least one is reported on line 2a, did the organization file all required federal employment tax returns? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b X Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. (see instructions) 3a Did the organization have unrelated business gross income of $1,000 or more during the year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a X b If "Yes," has it filed a Form 990-T for this year? If "No" to line 3b, provide an explanation in Schedule O . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3b 4a At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4a X b If "Yes," enter the name of the foreign country: See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). 5a Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5a X b Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5b X c If "Yes" to line 5a or 5b, did the organization file Form 8886-T? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5c 6a Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6a X b If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6b 7 Organizations that may receive deductible contributions under section 170(c). a Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7a X b If "Yes," did the organization notify the donor of the value of the goods or services provided? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7b c Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7c X d If "Yes," indicate the number of Forms 8282 filed during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7d e Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7e X f Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7f X g If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7g h If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7h 8 Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 9 Sponsoring organizations maintaining donor advised funds. a Did the sponsoring organization make any taxable distributions under section 4966? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9a b Did the sponsoring organization make a distribution to a donor, donor advisor, or related person? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9b 10 Section 501(c)(7) organizations. Enter: a Initiation fees and capital contributions included on Part VIII, line 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10a b Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10b 11 Section 501(c)(12) organizations. Enter: a Gross income from members or shareholders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11a b Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11b 12a Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12a b If "Yes," enter the amount of tax-exempt interest received or accrued during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12b 13 Section 501(c)(29) qualified nonprofit health insurance issuers. a Is the organization licensed to issue qualified health plans in more than one state? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13a Note. See the instructions for additional information the organization must report on Schedule O. b Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13b c Enter the amount of reserves on hand . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13c 14a Did the organization receive any payments for indoor tanning services during the tax year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14a X b If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14b Form 990 (2017) CLIENT COPYForm 990 (2017)HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Page 6 Part VI Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to line 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions. Check if Schedule O contains a response or note to any line in this Part VI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X Section A. Governing Body and Management Yes No 1a Enter the number of voting members of the governing body at the end of the tax year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1a 6 If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O. b Enter the number of voting members included in line 1a, above, who are independent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1b 0 2 Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 X 3 Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors, or trustees, or key employees to a management company or other person? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 X 4 Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 X 5 Did the organization become aware during the year of a significant diversion of the organization's assets? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 X 6 Did the organization have members or stockholders? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 X 7a Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7a X b Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7b X 8 Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following: a The governing body? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8a X b Each committee with authority to act on behalf of the governing body? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8b X 9 Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization's mailing address? If "Yes," provide the names and addresses in Schedule O . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 X Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.) Yes No 10a Did the organization have local chapters, branches, or affiliates? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10a X b If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10b 11a Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11a X b Describe in Schedule O the process, if any, used by the organization to review this Form 990. 12a Did the organization have a written conflict of interest policy? If "No," go to line 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12a X b Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12b X c Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe in Schedule O how this was done . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12c X 13 Did the organization have a written whistleblower policy? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 X 14 Did the organization have a written document retention and destruction policy? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 X 15 Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision? a The organization's CEO, Executive Director, or top management official. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15a X b Other officers or key employees of the organization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15b X If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions). 16a Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16a X b If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization's exempt status with respect to such arrangements? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16b Section C. Disclosure 17 List the states with which a copy of this Form 990 is required to be filed 18 Section 6104 requires an organization to make its Forms 1023 (or 1024 if applicable), 990, and 990-T (Section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply. Own website Another's website Upon request Other (explain in Schedule O) 19 Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year. 20 State the name, address, and telephone number of the person who possesses the organization's books and records: Name:KATHY PATTERSON Phone Number:239-434-2397 Physical Address:3200 BAILEY LANE, NAPLES, FL 34105 Form 990 (2017) CLIENT COPYForm 990 (2017)HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Page 7 Part VII Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors Check if Schedule O contains a response or note to any line in this Part VII . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Section A.Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees 1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization's tax year. List all of the organization's current officers, directors, trustees (whether individuals or organizations), regardless of amount of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid. List all of the organization's current key employees, if any. See instructions for definition of "key employee." List the organization's five current highest compensated employees (other than an officer, director, trustee, or key employee) who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the organization and any related organizations. List all of the organization's former officers, key employees, and highest compensated employees who received more than $100,000 of reportable compensation from the organization and any related organizations. List all of the organization's former directors or trustees that received, in the capacity as a former director or trustee of the organization, more than $10,000 of reportable compensation from the organization and any related organizations. List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest compensated employees; and former such persons. Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee. (C) Position (A)(B)(do not check more than one (D)(E)(F) Name and Title Average box, unless person is both an Reportable Reportable Estimated hours per officer and a director/trustee)compensation compensation amount of week (list any from from related other hours for the organizations compensation related organization (W-2/1099-MISC)from the organizations (W-2/1099-MISC)organization below dotted and related line)organizations (1)MICHAEL PUCHALLA 40.00 EXECUTIVE DIRECTOR 0.00 X 69,607 0 (2)WILLIAM VARIAN 1.00 DIRECTOR 0.00 X 0 0 (3)TAYLOR MCLAUGHIN 1.00 PRESIDENT & CEO 0.00 X 0 0 (4)CHRISTIAN DAVIS 1.00 TREASURER 0.00 X 0 0 (5)LAUREN MELO 1.00 DIRECTOR 0.00 X 0 0 (6)JADIRA HOPTRY 1.00 DIRECTOR 0.00 X 0 0 (7)TRACY PRICE 1.00 DIRECTOR 0.00 X (8) (9) (10) (11) (12) (13) (14) Form 990 (2017) CLIENT COPYForm 990 (2017)HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Page 8 Part VII Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued) (C) Position (A)(B)(do not check more than one (D)(E)(F) Name and title Average box, unless person is both an Reportable Reportable Estimated hours per officer and a director/trustee)compensation compensation amount of week (list any from from related other hours for the organizations compensation related organization (W-2/1099-MISC)from the organizations (W-2/1099-MISC)organization below dotted and related line)organizations (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25) 1b Sub-total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69,607 0 0 c Total from continuation sheets to Part VII, Section A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0 d Total (add lines 1b and 1c). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69,607 0 0 2 Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization 0 Yes No 3 Did the organization list any former officer, director, or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 X 4 For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such individual . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 X 5 Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 X Section B. Independent Contractors 1 Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization's tax year. (A)(B)(C) Name and business address Description of services Compensation 0 0 0 0 0 2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0 Form 990 (2017) CLIENT COPYForm 990 (2017)HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Page 9 Part VIII Statement of Revenue Check if Schedule O contains a response or note to any line in this Part VIII. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (A)(B)(C)(D) Total revenue Related or Unrelated Revenue exempt business excluded from function revenue tax under sections revenue 512-514 1a Federated campaigns . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1a 0 b Membership dues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1b 0 c Fundraising events . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1c 0 d Related organizations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1d 0 e Government grants (contributions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1e 0 f All other contributions, gifts, grants, and similar amounts not included above . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1f 365,897 g Noncash contributions included in lines 1a-1f:$0 h Total. Add lines 1a–1f . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 365,897 Business Code 2a 0 b 0 c 0 d 0 e 0 f All other program service revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 g Total. Add lines 2a–2f . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 3 Investment income (including dividends, interest, and other similar amounts) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 4 Income from investment of tax-exempt bond proceeds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 5 Royalties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 (i) Real (ii) Personal 6a Gross rents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,175 b Less: rental expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c Rental income or (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,175 0 d Net rental income or (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,175 14,175 7a Gross amount from sales of (i) Securities (ii) Other assets other than inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 b Less: cost or other basis and sales expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 c Gain or (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 d Net gain or (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 8a Gross income from fundraising events (not including $0 of contributions reported on line 1c). See Part IV, line 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .a 0 b Less: direct expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .b 0 c Net income or (loss) from fundraising events . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 9a Gross income from gaming activities. See Part IV, line 19. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .a 0 b Less: direct expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .b 0 c Net income or (loss) from gaming activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 10a Gross sales of inventory, less returns and allowances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .a 0 b Less: cost of goods sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .b 0 c Net income or (loss) from sales of inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 Miscellaneous Revenue Business Code 11a 0 b 0 c 0 d All other revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 e Total. Add lines 11a–11d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 12 Total revenue. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 380,072 14,175 0 0 Form 990 (2017) CLIENT COPYForm 990 (2017)HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Page 10 Part IX Statement of Functional Expenses Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A). Check if Schedule O contains a response or note to any line in this Part IX . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII. (A)(B)(C)(D) Total expenses Program service Management and Fundraising expenses general expenses expenses 1 Grants and other assistance to domestic organizations domestic governments. See Part IV, line 21 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .0 2 Grants and other assistance to domestic individuals. See Part IV, line 22 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 4 Benefits paid to or for members . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 5 Compensation of current officers, directors, trustees, and key employees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92,121 76,459 15,662 6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 163,248 135,496 27,752 7 Other salaries and wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,318 6,904 1,414 9 Other employee benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 10 Payroll taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19,515 16,197 3,318 11 Fees for services (non-employees): a Management . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 b Legal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 c Accounting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,324 6,909 1,415 d Lobbying . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 e Professional fundraising services. See Part IV, line 17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 f Investment management fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 g Other. (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O.)0 0 12 Advertising and promotion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,171 2,171 13 Office expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22,172 18,403 3,769 14 Information technology . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 15 Royalties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 16 Occupancy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40,716 33,795 6,921 17 Travel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,017 3,017 18 Payments of travel or entertainment expenses for any federal, state, or local public officials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 19 Conferences, conventions, and meetings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 20 Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,510 1,510 21 Payments to affiliates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 22 Depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,706 3,076 630 0 23 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,853 3,198 655 24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.) a 0 b 0 c 0 d 0 e All other expenses 0 25 Total functional expenses. Add lines 1 through 24e . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 368,671 307,135 61,536 0 26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Form 990 (2017) CLIENT COPYForm 990 (2017)HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Page 11 Part X Balance Sheet Check if Schedule O contains a response or note to any line in this Part X . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (A)(B) Beginning of year End of year 1 Cash—non-interest-bearing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47,040 1 31,853 2 Savings and temporary cash investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 2 3 Pledges and grants receivable, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 3 0 4 Accounts receivable, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,100 4 37,693 5 Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 5 6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions). Complete Part II of Schedule L. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 6 7 Notes and loans receivable, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 7 0 8 Inventories for sale or use . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 8 9 Prepaid expenses and deferred charges . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 9 10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 24,929 b Less: accumulated depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10b 19,369 9,266 10c 5,560 11 Investments—publicly traded securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 11 0 12 Investments—other securities. See Part IV, line 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 12 0 13 Investments—program-related. See Part IV, line 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 13 0 14 Intangible assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 14 0 15 Other assets. See Part IV, line 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 15 0 16 Total assets. Add lines 1 through 15 (must equal line 34) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59,406 16 75,106 17 Accounts payable and accrued expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,423 17 1,722 18 Grants payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 18 19 Deferred revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 19 20 Tax-exempt bond liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 20 21 Escrow or custodial account liability. Complete Part IV of Schedule D . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 21 22 Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons. Complete Part II of Schedule L . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 22 23 Secured mortgages and notes payable to unrelated third parties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25,000 23 30,000 24 Unsecured notes and loans payable to unrelated third parties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 24 0 25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 25 0 26 Total liabilities. Add lines 17 through 25 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27,423 26 31,722 Organizations that follow SFAS 117 (ASC 958), check here X and complete lines 27 through 29, and lines 33 and 34. 27 Unrestricted net assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31,983 27 43,384 28 Temporarily restricted net assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 28 29 Permanently restricted net assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 29 Organizations that do not follow SFAS 117 (ASC958), check here and complete lines 30 through 34. 30 Capital stock or trust principal, or current funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 30 31 Paid-in or capital surplus, or land, building, or equipment fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 31 32 Retained earnings, endowment, accumulated income, or other funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 32 33 Total net assets or fund balances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31,983 33 43,384 34 Total liabilities and net assets/fund balances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59,406 34 75,106 Form 990 (2017) CLIENT COPYForm 990 (2017)HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Page 12 Part XI Reconciliation of Net Assets Check if Schedule O contains a response or note to any line in this Part XI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Total revenue (must equal Part VIII, column (A), line 12) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 380,072 2 Total expenses (must equal Part IX, column (A), line 25) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 368,671 3 Revenue less expenses. Subtract line 2 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 11,401 4 Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 31,983 5 Net unrealized gains (losses) on investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 6 Donated services and use of facilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 7 Investment expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 8 Prior period adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 9 Other changes in net assets or fund balances (explain in Schedule O) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 10 Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33, column (B)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 43,384 Part XII Financial Statements and Reporting Check if Schedule O contains a response or note to any line in this Part XII . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No 1 Accounting method used to prepare the Form 990:X Cash Accrual Other If the organization changed its method of accounting from a prior year or checked "Other," explain in Schedule O. 2a Were the organization's financial statements compiled or reviewed by an independent accountant? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a X If "Yes," check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both: Separate basis Consolidated basis Both consolidated and separate basis b Were the organization's financial statements audited by an independent accountant? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b X If "Yes," check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both: Separate basis Consolidated basis Both consolidated and separate basis c If "Yes" to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2c If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O. 3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a X b If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3b Form 990 (2017) CLIENT COPYSCHEDULE A Public Charity Status and Public Support OMB No. 1545-0047 (Form 990 or 990-EZ) Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust. Department of the Treasury Internal Revenue Service Attach to Form 990 or Form 990-EZ.Open to Public Go to www.irs.gov/Form990 for instructions and the latest information.Inspection Name of the organization Employer identification number HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Part I Reason for Public Charity Status (All organizations must complete this part.) See instructions. The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.) 1 A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i). 2 A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990 or 990-EZ).) 3 A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii). 4 A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state: 5 An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.) 6 A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v). 7 X An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.) 8 A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.) 9 An agricultural research organization described in section 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land-grant college of agriculture (see instructions). Enter the name, city, and state of the college or university: 10 An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.) 11 An organization organized and operated exclusively to test for public safety. See section 509(a)(4). 12 An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box in lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g. a Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B. b Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C. c Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E. d Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V. e Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization. f Enter the number of supported organizations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 g Provide the following information about the supported organization(s). (i) Name of supported organization (ii) EIN (iii) Type of organization (iv) Is the organization (v) Amount of monetary (vi) Amount of (described on lines 1–10 listed in your governing support (see other support (see above (see instructions))document?instructions)instructions) Yes No (A) (B) (C) (D) (E) Total 0 0 For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.Schedule A (Form 990 or 990-EZ) 2017 HTA CLIENT COPYSchedule A (Form 990 or 990-EZ) 2017 HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Page 2 Part II Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.) Section A. Public Support Calendar year (or fiscal year beginning in)(a) 2013 (b) 2014 (c) 2015 (d) 2016 (e) 2017 (f) Total 1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 350,912 394,005 346,138 416,300 365,897 1,873,252 2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 3 The value of services or facilities furnished by a governmental unit to the organization without charge . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 4 Total. Add lines 1 through 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 350,912 394,005 346,138 416,300 365,897 1,873,252 5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Public support. Subtract line 5 from line 4 1,873,252 Section B. Total Support Calendar year (or fiscal year beginning in)(a) 2013 (b) 2014 (c) 2015 (d) 2016 (e) 2017 (f) Total 7 Amounts from line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 350,912 394,005 346,138 416,300 365,897 1,873,252 8 Gross income from interest, dividends, payments received on securities loans, rents, royalties, and income from similar sources . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 9 Net income from unrelated business activities, whether or not the business is regularly carried on . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 11 Total support. Add lines 7 through 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,873,252 12 Gross receipts from related activities, etc. (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 13 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Section C. Computation of Public Support Percentage 14 Public support percentage for 2017 (line 6, column (f) divided by line 11, column (f)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 100.00% 15 Public support percentage from 2016 Schedule A, Part II, line 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 100.00% 16a 33 1/3% support test—2017. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box and stop here. The organization qualifies as a publicly supported organization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X b 33 1/3% support test—2016. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this box and stop here. The organization qualifies as a publicly supported organization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17a 10%-facts-and-circumstances test—2017. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b 10%-facts-and-circumstances test—2016. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Schedule A (Form 990 or 990-EZ) 2017 CLIENT COPYSchedule A (Form 990 or 990-EZ) 2017 HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Page 3 Part III Support Schedule for Organizations Described in Section 509(a)(2) (Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.) Section A. Public Support Calendar year (or fiscal year beginning in)(a) 2013 (b) 2014 (c) 2015 (d) 2016 (e) 2017 (f) Total 1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") 0 2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose . . . . . 0 3 Gross receipts from activities that are not an unrelated trade or business under section 513 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 5 The value of services or facilities furnished by a governmental unit to the organization without charge . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 6 Total. Add lines 1 through 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0 0 0 0 7a Amounts included on lines 1, 2, and 3 received from disqualified persons . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 c Add lines 7a and 7b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0 0 0 0 8 Public support (Subtract line 7c from line 6.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 Section B. Total Support Calendar year (or fiscal year beginning in)(a) 2013 (b) 2014 (c) 2015 (d) 2016 (e) 2017 (f) Total 9 Amounts from line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0 0 0 0 10a Gross income from interest, dividends, payments received on securities loans, rents, royalties, and income from similar sources . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 c Add lines 10a and 10b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0 0 0 0 11 Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 13 Total support. (Add lines 9, 10c, 11, and 12.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0 0 0 0 14 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Section C. Computation of Public Support Percentage 15 Public support percentage for 2017 (line 8, column (f) divided by line 13, column (f)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 0.00% 16 Public support percentage from 2016 Schedule A, Part III, line 15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 0.00% Section D. Computation of Investment Income Percentage 17 Investment income percentage for 2017 (line 10c, column (f) divided by line 13, column (f)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 0.00% 18 Investment income percentage from 2016 Schedule A, Part III, line 17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 0.00% 19a 33 1/3% support tests—2017. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b 33 1/3% support tests—2016. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3%, and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Schedule A (Form 990 or 990-EZ) 2017 CLIENT COPYSchedule A (Form 990 or 990-EZ) 2017 HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Page 4 Part IV Supporting Organizations (Complete only if you checked a box in line 12 on Part I. If you checked 12a of Part I, complete Sections A and B. If you checked 12b of Part I, complete Sections A and C. If you checked 12c of Part I, complete Sections A, D, and E. If you checked 12d of Part I, complete Sections A and D, and complete Part V.) Section A. All Supporting Organizations Yes No 1 Are all of the organization's supported organizations listed by name in the organization's governing documents? If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose, describe the designation. If historic and continuing relationship, explain.1 2 Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).2 3a Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer (b) and (c) below.3a b Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.3b c Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2) (B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.3c 4a Was any supported organization not organized in the United States ("foreign supported organization")? If "Yes," and if you checked 12a or 12b in Part I, answer (b) and (c) below.4a b Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If "Yes," describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.4b c Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If "Yes," explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.4c 5a Did the organization add, substitute, or remove any supported organizations during the tax year? If "Yes," answer (b) and (c) below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).5a b Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?5b c Substitutions only. Was the substitution the result of an event beyond the organization's control?5c 6 Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization's supported organizations? If "Yes," provide detail in Part VI.6 7 Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If "Yes," complete Part I of Schedule L (Form 990 or 990-EZ).7 8 Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? If "Yes," complete Part I of Schedule L (Form 990 or 990-EZ).8 9a Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If "Yes," provide detail in Part VI.9a b Did one or more disqualified persons (as defined in line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If "Yes," provide detail in Part VI.9b c Did a disqualified person (as defined in line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If "Yes," provide detail in Part VI.9c 10a Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If "Yes," answer 10b below.10a b Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings.)10b Schedule A (Form 990 or 990-EZ) 2017 CLIENT COPYSchedule A (Form 990 or 990-EZ) 2017 HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Page 5 Part IV Supporting Organizations (continued) Yes No 11 Has the organization accepted a gift or contribution from any of the following persons? a A person who directly or indirectly controls, either alone or together with persons described in (b) and (c) below, the governing body of a supported organization?11a b A family member of a person described in (a) above?11b c A 35% controlled entity of a person described in (a) or (b) above? If "Yes" to a, b, or c, provide detail in Part VI.11c Section B. Type I Supporting Organizations Yes No 1 Did the directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization's directors or trustees at all times during the tax year? If "No," describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization's activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.1 2 Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If "Yes," explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised, or controlled the supporting organization.2 Section C. Type II Supporting Organizations Yes No 1 Were a majority of the organization's directors or trustees during the tax year also a majority of the directors or trustees of each of the organization's supported organization(s)? If "No," describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).1 Section D. All Type III Supporting Organizations Yes No 1 Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization's tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization's governing documents in effect on the date of notification, to the extent not previously provided?1 2 Were any of the organization's officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).2 3 By reason of the relationship described in (2), did the organization's supported organizations have a significant voice in the organization's investment policies and in directing the use of the organization's income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization's supported organizations played in this regard.3 Section E. Type III Functionally Integrated Supporting Organizations 1 Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions). a The organization satisfied the Activities Test. Complete line 2 below. b The organization is the parent of each of its supported organizations. Complete line 3 below. c The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions). 2 Activities Test. Answer (a) and (b) below.Yes No a Did substantially all of the organization's activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.2a b Did the activities described in (a) constitute activities that, but for the organization's involvement, one or more of the organization's supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization's position that its supported organization(s) would have engaged in these activities but for the organization's involvement.2b 3 Parent of Supported Organizations. Answer (a) and (b) below. a Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations? Provide details in Part VI.3a b Did the organization exercise a substantial degree of direction over the policies, programs, and activities of each of its supported organizations? If "Yes," describe in Part VI the role played by the organization in this regard.3b Schedule A (Form 990 or 990-EZ) 2017 CLIENT COPYSchedule A (Form 990 or 990-EZ) 2017 HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Page 6 Part V Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations 1 Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E. Section A - Adjusted Net Income (A) Prior Year (B) Current Year (optional) 1 Net short-term capital gain 1 2 Recoveries of prior-year distributions 2 3 Other gross income (see instructions)3 4 Add lines 1 through 3.4 0 0 5 Depreciation and depletion 5 6 Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)6 7 Other expenses (see instructions)7 8 Adjusted Net Income (subtract lines 5, 6, and 7 from line 4).8 0 0 Section B - Minimum Asset Amount (A) Prior Year (B) Current Year (optional) 1 Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): a Average monthly value of securities 1a b Average monthly cash balances 1b c Fair market value of other non-exempt-use assets 1c d Total (add lines 1a, 1b, and 1c)1d 0 0 e Discount claimed for blockage or other factors (explain in detail in Part VI): 2 Acquisition indebtedness applicable to non-exempt-use assets 2 3 Subtract line 2 from line 1d.3 0 0 4 Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions).4 0 0 5 Net value of non-exempt-use assets (subtract line 4 from line 3)5 0 0 6 Multiply line 5 by .035.6 0 0 7 Recoveries of prior-year distributions 7 0 0 8 Minimum Asset Amount (add line 7 to line 6)8 0 0 Section C - Distributable Amount Current Year 1 Adjusted net income for prior year (from Section A, line 8, Column A)1 0 2 Enter 85% of line 1 2 0 3 Minimum asset amount for prior year (from Section B, line 8, Column A)3 0 4 Enter greater of line 2 or line 3.4 0 5 Income tax imposed in prior year 5 6 Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions).6 0 7 Check here if the current year is the organization's first as a non-functionally integrated Type III supporting organization (see instructions). Schedule A (Form 990 or 990-EZ) 2017 CLIENT COPYSchedule A (Form 990 or 990-EZ) 2017 HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Page 7 Part V Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations (continued) Section D - Distributions Current Year 1 Amounts paid to supported organizations to accomplish exempt purposes 2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity 3 Administrative expenses paid to accomplish exempt purposes of supported organizations 4 Amounts paid to acquire exempt-use assets 5 Qualified set-aside amounts (prior IRS approval required) 6 Other distributions (describe in Part VI). See instructions. 7 Total annual distributions. Add lines 1 through 6.0 8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions. 9 Distributable amount for 2017 from Section C, line 6 0 10 Line 8 amount divided by line 9 amount 0.000 (i) Excess Distributions (ii)(iii) Section E - Distribution Allocations (see instructions)Underdistributions Distributable Pre-2017 Amount for 2017 1 Distributable amount for 2017 from Section C, line 6 0 Underdistributions, if any, for years prior to 2017 2 (reasonable cause required—explain in Part VI). See instructions. 3 Excess distributions carryover, if any, to 2017 a b From 2013 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c From 2014. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . d From 2015 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . e From 2016 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . f Total of lines 3a through e 0 g Applied to underdistributions of prior years 0 h Applied to 2017 distributable amount 0 i Carryover from 2012 not applied (see instructions) j Remainder. Subtract lines 3g, 3h, and 3i from 3f.0 4 Distributions for 2017 from Section D, line 7:$0 a Applied to underdistributions of prior years 0 b Applied to 2017 distributable amount 0 c Remainder. Subtract lines 4a and 4b from 4.0 5 Remaining underdistributions for years prior to 2017, if any. Subtract lines 3g and 4a from line 2. For result greater than zero, explain in Part VI. See instructions.0 6 Remaining underdistributions for 2017. Subtract lines 3h and 4b from line 1. For result greater than zero, explain in Part VI. See instructions.0 7 Excess distributions carryover to 2018. Add lines 3j and 4c.0 8 Breakdown of line 7: a Excess from 2013 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 b Excess from 2014 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 c Excess from 2015 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 d Excess from 2016 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 e Excess from 2017 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 Schedule A (Form 990 or 990-EZ) 2017 CLIENT COPYSchedule A (Form 990 or 990-EZ) 2017 HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Page 8 Part VI Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a, and 3b; Part V, line 1; Part V, Section B, line 1e; Part V, Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions.) Schedule A (Form 990 or 990-EZ) 2017 CLIENT COPYSCHEDULE D Supplemental Financial Statements OMB No. 1545-0047 (Form 990) Complete if the organization answered "Yes" on Form 990, Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.Open to Public InspectionDepartment of the Treasury Internal Revenue Service Attach to Form 990. Go to www.irs.gov/Form990 for instructions and the latest information. Name of the organization Employer identification number HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Part I Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6. (a) Donor advised funds (b) Funds and other accounts 1 Total number at end of year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Aggregate value of contributions to (during year) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Aggregate value of grants from (during year) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Aggregate value at end of year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization's property, subject to the organization's exclusive legal control? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No 6 Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No Part II Conservation Easements. Complete if the organization answered "Yes" on Form 990, Part IV, line 7. 1 Purpose(s) of conservation easements held by the organization (check all that apply). Preservation of land for public use (e.g., recreation or education) Preservation of a historically important land area Protection of natural habitat Preservation of a certified historic structure Preservation of open space 2 Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.Held at the End of the Tax Year a Total number of conservation easements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a b Total acreage restricted by conservation easements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b c Number of conservation easements on a certified historic structure included in (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2c d Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2d 3 Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the tax year 4 Number of states where property subject to conservation easement is located 5 Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No 6 Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year 7 Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year $ 8 Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No 9 In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and balance sheet, and include, if applicable, the text of the footnote to the organization's financial statements that describes the organization's accounting for conservation easements. Part III Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets. Complete if the organization answered "Yes" on Form 990, Part IV, line 8. 1a If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items. b If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items: (i)Revenue included on Form 990, Part VIII, line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ (ii)Assets included in Form 990, Part X . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 2 If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the following amounts required to be reported under SFAS 116 (ASC 958) relating to these items: a Revenue included on Form 990, Part VIII, line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ b Assets included in Form 990, Part X . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ For Paperwork Reduction Act Notice, see the Instructions for Form 990.Schedule D (Form 990) 2017 HTA CLIENT COPYSchedule D (Form 990) 2017 HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Page 2 Part III Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued) 3 Using the organization's acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply): a Public exhibition d Loan or exchange programs b Scholarly research e Other c Preservation for future generations 4 Provide a description of the organization's collections and explain how they further the organization's exempt purpose in Part XIII. 5 During the year, did the organization solicit or receive donations of art, historical treasures, or other similar assets to be sold to raise funds rather than to be maintained as part of the organization's collection? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No Part IV Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21. 1a Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not included on Form 990, Part X? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No b If "Yes," explain the arrangement in Part XIII and complete the following table: Amount c Beginning balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1c d Additions during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1d e Distributions during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1e f Ending balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1f 0 2a Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability?Yes X No b If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided on Part XIII . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Part V Endowment Funds. Complete if the organization answered "Yes" on Form 990, Part IV, line 10. (a) Current year (b) Prior year (c) Two years back (d) Three years back (e) Four years back 1a Beginning of year balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b Contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c Net investment earnings, gains, and losses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . d Grants or scholarships . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . e Other expenditures for facilities and programs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . f Administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . g End of year balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0 0 0 2 Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as: a Board designated or quasi-endowment % b Permanent endowment % c Temporarily restricted endowment % The percentages on lines 2a, 2b, and 2c should equal 100%. 3a Are there endowment funds not in the possession of the organization that are held and administered for the organization by:Yes No (i)unrelated organizations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a(i) (ii)related organizations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a(ii) b If "Yes" on line 3a(ii), are the related organizations listed as required on Schedule R? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3b 4 Describe in Part XIII the intended uses of the organization's endowment funds. Part VI Land, Buildings, and Equipment. Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10. Description of property (a) Cost or other basis (b) Cost or other (c) Accumulated (d) Book value (investment)basis (other)depreciation 1a Land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0 b Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0 0 c Leasehold improvements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0 0 d Equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 13,347 13,347 0 e Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 11,582 6,022 5,560 Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10c.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,560 Schedule D (Form 990) 2017 CLIENT COPYSchedule D (Form 990) 2017 HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Page 3 Part VII Investments—Other Securities. Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12. (a) Description of security or category (including name of security)(b) Book value (c) Method of valuation: Cost or end-of-year market value (1)Financial derivatives . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 (2)Closely-held equity interests . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 (3)Other (A) (B) (C) (D) (E) (F) (G) (H) Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)0 Part VIII Investments—Program Related. Complete if the organization answered "Yes" on Form 990, Part IV, line 11c. See Form 990, Part X, line 13. (a) Description of investment (b) Book value (c) Method of valuation: Cost or end-of-year market value (1) (2) (3) (4) (5) (6) (7) (8) (9) Total. (Column (b) must equal Form 990, Part X, col. (B) line 13.)0 Part IX Other Assets. Complete if the organization answered "Yes" on Form 990, Part IV, line 11d. See Form 990, Part X, line 15. (a) Description (b) Book value (1) (2) (3) (4) (5) (6) (7) (8) (9) Total. (Column (b) must equal Form 990, Part X, col. (B) line 15.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 Part X Other Liabilities. Complete if the organization answered "Yes" on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25. 1.(a) Description of liability (b) Book value (1)Federal income taxes 0 (2) (3) (4) (5) (6) (7) (8) (9) Total. (Column (b) must equal Form 990, Part X, col. (B) line 25.)0 2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII Schedule D (Form 990) 2017 CLIENT COPYSchedule D (Form 990) 2017 HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Page 4 Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered "Yes" on Form 990, Part IV, line 12a. 1 Total revenue, gains, and other support per audited financial statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2 Amounts included on line 1 but not on Form 990, Part VIII, line 12: a Net unrealized gains (losses) on investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a b Donated services and use of facilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b c Recoveries of prior year grants . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2c d Other (Describe in Part XIII.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2d e Add lines 2a through 2d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2e 0 3 Subtract line 2e from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 0 4 Amounts included on Form 990, Part VIII, line 12, but not on line 1: a Investment expenses not included on Form 990, Part VIII, line 7b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4a b Other (Describe in Part XIII.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4b c Add lines 4a and 4b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4c 0 5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 0 Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered "Yes" on Form 990, Part IV, line 12a. 1 Total expenses and losses per audited financial statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2 Amounts included on line 1 but not on Form 990, Part IX, line 25: a Donated services and use of facilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a b Prior year adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b c Other losses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2c d Other (Describe in Part XIII.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2d e Add lines 2a through 2d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2e 0 3 Subtract line 2e from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 0 4 Amounts included on Form 990, Part IX, line 25, but not on line 1: a Investment expenses not included on Form 990, Part VIII, line 7b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4a b Other (Describe in Part XIII.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4b c Add lines 4a and 4b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4c 0 5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 0 Part XIII Supplemental Information. Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part IV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information. Schedule D (Form 990) 2017 CLIENT COPYSchedule D (Form 990) 2017 HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Page 5 Part XIII Supplemental Information (continued) Schedule D (Form 990) 2017 CLIENT COPYSCHEDULE O Supplemental Information to Form 990 or 990-EZ OMB No. 1545-0047 (Form 990 or 990-EZ)Complete to provide information for responses to specific questions on Form 990 or 990-EZ or to provide any additional information. Department of the Treasury Internal Revenue Service Attach to Form 990 or 990-EZ.Open to Public InspectionGo to www.irs.gov/Form990 for the latest information. Name of the organization Employer identification number HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Form 990, Part I, Line 1: THE ORGANIZATION'S OBJECTIVE IS TO ENSURE THAT ALL RESIDENTS OF SOUTHWEST FLORIDA HAVE A DECENT, AFFORDABLE HOME IN A SAFE NEIGHBORHOOD. THE ORGANIZATION'S GOALS ARE TO EXPAND OPPORTUNITIES AVAILABLE TO VERY LOW INCOME AND TO LOW AND MEDERATE INCOME CITIZENS AND TO RAISE THE ECONOMIC, EDUCATIONAL AND SOCIAL LEVELS OF SOUTHWEST FLORIDA RESIDENTS. THE ORGANIZATION'S SERVICES INCLUDE HOUSING ASSISTANCE, FAIR HOUSING OUTREACH, HOMEBUYER EDUCATION, AND FORCLOSURE COUNSELING. Form 990, Part III, Line 1: THE ORGANIZATION'S OBJECTIVE IS TO ENSURE THAT ALL RESIDENTS OF SOUTHWEST FLORIDA HAVE A DECENT, AFFORDABLE HOME IN A SAFE NEIGHBORHOOD. THE ORGANIZATION'S GOALS ARE TO EXPAND OPPORTUNITIES AVAILABLE TO VERY LOW INCOME AND TO LOW AND MODERATE INCOME CITIZENS AND TO REAISE THE ECONOMIC, EDUCATIONAL AND SOCIAL LEVLES OF SOUTHWEST FLORIDA RESIDENTS. THE ORGANIZATION'S SERVICES INCLUDE HOUSING ASSISTANCE, FAIR HOUSING OUTREACH, HOMEBUYER EDUCATION, AND FORCLOSURE COUNSELING. Form 990, Part VI, Line 11B: CERTAIN BUT NOT ALL MEMBERS OF THE GOVERNING BODY REVIEW FORM 990 AND SIGN FORM 8879 BEFORE IT IS E-FILED. Form 990, Part VI, Line 15A: BOARD DETERMINS EXECUTIVE DIRECTOR'S COMPENSATION USING COMPARABILITY DATA AND PERFORMANCE REVIEWS. Form 990, Part VI, Line 19: TAX RETURN AND FINANCIAL STATEMENTS ARE KEPT ONSITE AND ARE AVAILABLE UPON REQUEST. For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.Schedule O (Form 990 or 990-EZ) (2017) HTA CLIENT COPYSchedule O (Form 990 or 990-EZ) (2017)Page 2 Name of the organization Employer identification number HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA 38-3695928 Schedule O (Form 990 or 990-EZ) (2017) HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA CLIENT COPYElectronic Filing Information (8868 Page 1) Signature Method X Option (1) - Using Practitioner PIN. Use Section (A) below. Option (2) - Scanned 8453-EO. PIN Information Enter information below (A) Practitioner PIN: PIN (5 Digits)TP entered ERO entered Taxpayer PIN:49980 X ERO PIN:11216 EFIN Enter your 6-digit EFIN number. You can enter EFINs in the Preparer Table. EFIN:653577 Submission ID The Submission ID for this e-File will be computed automatically when an EFIN is entered above. It will only be regenerated if a 'Rejected by EFC' or 'Rejected by Agency' acknowledgement is received and the e-File is recreated. Submission ID:6535772018143r7wx377 Name Control Click here to see Knowledge Base Document 14500, for more information on Name Controls HOUS Organization Information Name Employer identification no. HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA XX-XXXXXXX Address 3200 BAILEY LANE, Room 109 Address continuation In care of name City State Zip code Daytime phone Naples FL 34105 (239) 434-2397 Foreign country Foreign province/county Foreign postal code Foreign phone number Officer name Title Date return signed MICHAEL PUCHALLA EXECUTIVE DIRECTOR 09/23/2018 ERO (Enter data in the Preparer Manager) ERO's name Check if self-ERO's SSN or PTIN CHRISTOPHER J O'NEAL employed X XXXXXXXXX Firm's name ERO's EIN THE NEALSON GROUP, LLC XX-XXXXXXX Address Phone 11187 SEA GRASS CIR 561-299-1020 City State ZIP code BOCA RATON FL 33498 Preparer (Enter data in the Preparer Manager) Preparer's name Non-paid prep type Check if self-Preparer's SSN or PTIN CHRISTOPHER J O'NEAL ERO employed X XXXXXXXXX Firm's name EIN THE NEALSON GROUP, LLC XX-XXXXXXX Address Phone 11187 SEA GRASS CIR 561-299-1020 City State ZIP code BOCA RATON FL 33498 HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA CLIENT COPYPart VIII, Lines 1a-h (990) - Contributions, Gifts, Grants, and Other Amounts Cash Noncash 1 Federated Campaigns . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1 2 Membership dues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2 3 Fundraising events . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 4 Related organizations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4 5 Government grants (contributions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 6 All other contributions, gifts, grants, and similar amounts not included above: 365,897 Other contributions total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6 365,897 0 7 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 365,897 0 Part IX, Line 22 (990) - Depreciation, Depletion, and Amortization (A)(B)(C)(D) Total Program Management Fundraising services and general 1 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1 3,706 3,076 630 2 Depletion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2 0 3 Amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 0 4 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4 3,706 3,076 630 0 Part X, Line 4 (990) - Accounts Receivable Accounts receivable Allowance for doubtful accounts Beginning End Beginning End 1 1 3,100 37,693 0 2 2 0 0 3 3 0 0 4 4 0 0 5 5 0 0 6 6 0 0 7 7 0 0 8 8 0 0 9 9 0 0 10 10 0 0 11 Total accounts receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11 3,100 37,693 0 0 HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA CLIE NT C OPY Part X, Lines 10a and 10b (990) - Land, Buildings, and Equipment Total:24,929 15,663 19,369 0 9,266 5,560 Leasehold Check if Check if Beginning Ending Improve-Investment Asset Cost/Other Accumulated Accumulated Disposals/Beginning Ending Category or Item Land Buildings ments Equipment Other Asset Disposed Basis Depreciation Depreciation Adjustments Balance Balance 1 COMPUTER EQUIPMENT X 1,471 1,471 1,471 0 0 2 HP OFFSET PRINTER X 479 479 479 0 0 3 LAPTOP DELL X 550 550 550 0 0 4 LAPTOP COSTCO X 1,241 1,241 1,241 0 0 5 LAPTOP COSTCO X 1,096 1,096 1,096 0 0 6 PRINTER LEXMARK X 395 395 395 0 0 7 COPIER LEXMARK X 4,900 4,900 4,900 0 0 8 LAPTOP PATSY X 658 658 658 0 0 9 COMPUTER EQUIPMENT X 2,557 2,557 2,557 0 0 10 AUTOMOBILE X 11,582 2,316 6,022 9,266 5,560 HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA CLIENT COPYPart X, Lines 23 and 24 (990) - Secured and Unsecured Notes Payable Total:25,000 30,000 Balance due Check if beginning Balance due Lender's name Unsecured of year end of year 1 FLORIDA COMMUNITY BANK 25,000 30,000 HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA CLIENT COPY(Sch O (990/990EZ)) - Supplemental Information Form Part Section Line Explanation 1 Form 990 Part I 1 THE ORGANIZATION'S OBJECTIVE IS TO ENSURE THAT ALL RESIDENTS OF SOUTHWEST FLORIDA HAVE A DECENT, AFFORDABLE HOME IN A SAFE NEIGHBORHOOD. THE ORGANIZATION'S GOALS ARE TO EXPAND OPPORTUNITIES AVAILABLE TO VERY LOW INCOME AND TO LOW AND MEDERATE INCOME CITIZENS AND TO RAISE THE ECONOMIC, EDUCATIONAL AND SOCIAL LEVELS OF SOUTHWEST FLORIDA RESIDENTS. THE ORGANIZATION'S SERVICES INCLUDE HOUSING ASSISTANCE, FAIR HOUSING OUTREACH, HOMEBUYER EDUCATION, AND FORCLOSURE COUNSELING. 2 Form 990 Part III 1 THE ORGANIZATION'S OBJECTIVE IS TO ENSURE THAT ALL RESIDENTS OF SOUTHWEST FLORIDA HAVE A DECENT, AFFORDABLE HOME IN A SAFE NEIGHBORHOOD. THE ORGANIZATION'S GOALS ARE TO EXPAND OPPORTUNITIES AVAILABLE TO VERY LOW INCOME AND TO LOW AND MODERATE INCOME CITIZENS AND TO REAISE THE ECONOMIC, EDUCATIONAL AND SOCIAL LEVLES OF SOUTHWEST FLORIDA RESIDENTS. THE ORGANIZATION'S SERVICES INCLUDE HOUSING ASSISTANCE, FAIR HOUSING OUTREACH, HOMEBUYER EDUCATION, AND FORCLOSURE COUNSELING. 3 Form 990 Part VI 11B CERTAIN BUT NOT ALL MEMBERS OF THE GOVERNING BODY REVIEW FORM 990 AND SIGN FORM 8879 BEFORE IT IS E-FILED. HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA CLIENT COPY4 Form 990 Part VI 15A BOARD DETERMINS EXECUTIVE DIRECTOR'S COMPENSATION USING COMPARABILITY DATA AND PERFORMANCE REVIEWS. 5 Form 990 Part VI 19 TAX RETURN AND FINANCIAL STATEMENTS ARE KEPT ONSITE AND ARE AVAILABLE UPON REQUEST. (Sch O (990/990EZ)) - Supplemental Information Form Part Section Line Explanation Community Impact The Urban Land Institute (ULI) visited Collier County in 2017 and created and shared a Collier County Community Housing Plan on 10/2/2017. One of the recommendations of the ULI in their plan was the creation of a Community Land Trust for Collier County, with ongoing support from local government. The Board of County Commissioners has reviewed and endorsed this recommendation. As noted in the ULI report, “In most cases, CLTs operate as independent organizations.” The Collier County Community Land Trust (CCCLT) as described in this proposal would operate as a separate, tax exempt 501(3) corporate entity. The long-term community impact of the CCCLT will be to create new housing opportunities in perpetuity for lower income buyers and renters in Collier County. There are numerous well-established community land trusts in Florida. The ULI report from 2017 summarized information from 3 such entities: South Florida Community Land Trust serving Broward and Miami-Dade Counties since 2006, Neighborhood Renaissance, Inc serving West Palm Beach since 2005, and Community Land Trust of Palm Beach County serving Palm Beach County since 2006. In total, the 3 entities controlled 217 rental and 50 ownership units at the time the report was written. These entities can be used as models for the CCCLT, as the greatest identified housing need for Collier County is more affordable rental units. The ability of HELP to provide long-term counseling and educational services to participants will help create opportunities for renters to prepare and move to home ownership, either through the open market or through a shared-equity model offered by the land trust. It is important to recognize the impact a Community Land Trust can have on the local economy, especially in times of regression. The Lincoln Institute of Land Policy published a report labeled, “Stable Home Ownership in a Turbulent Economy – Delinquencies and Foreclosures Remain Low in Community Land Trusts”, in July, 2011. The study examined mortgage delinquency and foreclosure rates among the owner-occupants of resale-restricted houses and condominiums in community land trusts (CLTs) across the United States. It further compared CLT results to delinquency and foreclosure rates among the owner occupants of conventional market-rate mortgages as reported by the Mortgage Banker’s Association (MBA). Below is a summary of some key statistics derived from the study, which was conducted during one of the largest recessions in US history: - 1.3% of the mortgage loans held by CLT homeowners were seriously delinquent (defined as loans at least 90 days delinquent or in foreclosure proceedings) at the end of 2010, compared to a delinquency rate of 8.57% of mortgage loans in the conventional market reported by MBA. - .46% of the mortgage loans held by CLT homeowners were in foreclosure proceedings at the end of 2010, compared to a foreclosure rate of 4.63% reported by the MBA among the owners of market-rate homes. - Serious delinquency rates steadily declined between 2008 and 2010 in mortgages held by CLT homeowners. Serious delinquency rates reported by the MBA in market-rate mortgages increased from the end of 2008 to 2009, with a slight decrease from the end of 2009 to 2010. - 82% of CLT homeowners who were seriously delinquent during 2010 either sold their home with the assistance of the CLT or maintained home ownership throughout 2010 through receipt of financial assistance and/or counseling from the CLT. The affordability offered by the CLT model to low-to-moderate income households helps to explain the low rates of delinquency and foreclosure, however the stewardship activities and policies of CLTs also contribute to these superior outcomes. Many CLTs oversee loan acquisition, educate and support their homeowners during both the pre-purchase and post- purchase periods, interact and intervene with mortgage lenders, and intervene with homeowners at risk of foreclosure. HELP as a HUD-approved agency has been engaged in these exact activities throughout the state for more than a decade. We foresee the CCCLT as a tremendous stabilizing force in the home ownership and rental markets for low-to-moderate income households in our community, even so far as reducing foreclosure rates and blight. Reference: Lincoln Institute of Land Policy, 113 Brattle St, Cambridge, MA 02138-3400 U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT Office of Housing Counseling Brickell Plaza Federal Building 909 SE 1 Avenue, Room 500 Miami, FL 33176 March 20, 2017 Michael Puchalla Executive Director HDC of SW Florida, Inc. D/B/A HELP (Housing. Education. Lending Programs) 3200 Bailey Lane Ste 109 Naples, FL 34105 Dear Mr. Puchalla: Thank you and your staff for the courtesy and cooperation given to the Office of Housing Counseling during the desk review of your office on February 15, 2017. The review was conducted to ensure that your agency continues to comply with all HUD Housing Counseling Program requirements including 24 CFR, Part 214; HUD Handbook 7610.1, relevant mortgagee letters, and grant agreement, if applicable. During the review, I found one deficiency that you are required to correct to continue participating in HUD’s Housing Counseling Program. Failure to adequately address this issue in a timely manner may result in your removal from the Housing Counseling Program. As of the date of this letter, HUD hereby grants your agency a conditional re-approval for 90 days or until all the noted findings have been addressed, whichever is earlier. An unconditional approval certificate will be issued when HUD has determined that the finding has been satisfactorily addressed. During the 90-day period of conditional participation, the name and address of your agency will continue to appear on the list of agencies participating in HUD’s Housing Counseling Program that is available on HUD’s website. Please submit, within 30 days of the date of this letter, a written response to the finding outlined in the performance report, including a timeline and description of proposed or undertaken corrective actions to me at the email below. It is your agency’s responsibility to check the Housing Counseling System (HCS) frequently to ensure your information is current and accurate. This data must be verified at least once every 90 days. If no change is required, simply mark the “Validate” box at the top right of your agency profile page to indicate you have verified the information, and then click the OK button at the bottom of the page. Agency data from HCS is used to produce the state-by-state lists of participating housing counseling agencies posted on HUD’s website and provided on the telephone interactive referral system. Refer to HCS’s webpage at: https://entp.hud.gov/hud-9902/cfm/welcome.cfm Thank you for your participation in our program. If I can be of further assistance, please contact me at judith.a.ayersbritton@hud.gov or 305-992-5761. Sincerely, Judy Ayers Britton Management Analyst, Office of Housing Counseling Office of Outreach and Capacity Building Enclosures HDC of SW Florida, Inc. (84754) D/B/A HELP (Housing. Education. Lending Programs) 3200 Bailey Lane Ste 109 Naples, FL 34105 February 15, 2017 I. PURPOSE: The purpose of this review is to evaluate the housing counseling agency’s ability to ensure compliance with HUD Housing Counseling Program requirements, including 24 CFR Part 214, HUD Housing Counseling Handbook 7610.1, applicable mortgagee letters, other guidance and grant agreements, if applicable. Additionally, this review is conducted to ensure that the housing counseling agency is implementing its programs and services in accordance with the counseling work plan submitted to HUD. II. METHOD AND SCOPE OF REVIEW: This review entailed Judy Ayers Britton, Management Analyst, meeting and interviewing Michael Puchalla, Executive Director. The eight (8) files shown below were reviewed for compliance with the Federal Register and OMB requirements and Handbook and Regulation requirements. The file types reviewed included: 4 Mortgage Default files, 2 Pre-Purchase/Financial Capacity files and 2 Group. The following files were reviewed: Individual Files: 2874156 2895729 3456641 3488123 2856409 3336911 Group Files: C00264 C00301 & 302 The items reviewed included the following: Agency housing counseling Work Plan, housing counseling grant quarterly reports, HUD 9902s - Housing Counseling Activity Reports, staff resumes and training received, agency disclosure form, verification of non-profit status, community resources information, and individual client files for the following regulation compliance: action plans, budget, financial analysis, counselors procedures, log of activities, file documentation, demographics, disclosures, follow-up activities, termination of files, intake forms, notes, funding sources and general management of client files. III. GENERAL COMMENTS: Housing Development Corp. (HDC) has not received funding in the past two years. The agency has been able to manage funding through other sources. HDC is very well known for their high-quality performance throughout the state of Florida. The agency does a great deal of work with the state of Florida and works closely with the Hardest Hit program and Foreclosure Counseling program. The agency provides Financial Management/Budget Counseling, Mortgage Delinquency and Default Resolution Counseling, Non-Delinquency Post Purchase Workshops, Pre-purchase Counseling, Financial, Budgeting, and Credit Workshops, Pre-purchase Homebuyer Education Workshops. The files reviewed were very well maintained in accordance with 24 CFR Part 214 and HUD Handbook 7610.1. IV. OBSERVATIONS: Observation No. 1: Section 10 of the 9902 The agency is completing Section 10, Impact and Scope of One-on-one Counseling Services, of the 9902. However, it appears they could include more clients in the section. Please be aware of the impact of each one-on-one client and report it accordingly on the 9902. Each client could very easily have more than one outcome. This information is very important to document our housing counseling efforts. V. FINDINGS: Finding No. 1: Independent Audit Not Performed An independent audit has not been performed by the agency within the last two years. RECOMMENDATION AND ACTIONS REQUIRED: Housing counseling participants that do not expend more than $750,000 in federal awards must have an independent audit performed every two years. After discussion with the Executive Director, the reviewer agreed to allow the agency to complete this task by December 2017. The Executive Director will submit the audited financials to the reviewer immediately upon completion. For guidance, refer to references listed below. Provide a certification to HUD signed by the Executive Director that all counseling staff have read and will comply with HUD Regulation 24 CFR Part 214.500 and HUD Housing Counseling Handbook 7610.1, Chapter 5, paragraph 5-11 (F), and Chapter 6, paragraph 6-1 (M). VI. CONCLUSION: The reviewer recommends a 90-day conditional re-approval until all findings have been addressed. A follow-up visit within 90 days may be conducted depending on agency’s response and implementation of the above recommendations. Reference Questionnaire Solicitation: 19-7577 Reference Questionnaire for: Housing Development Corporation of SW Florida, Inc., d/b/a HELP (Name of Company Requesting Reference Information) Michael Puchalla, Executive Director (Name of Individuals Requesting Reference Information) Name:Nicole Gibson (Evaluator completing reference questionnaire) Company:Florida Housing Finance Corporation (Evaluator’s Company completing reference) Email: nicole.gibson@floridahousing.org FAX: 850-922-7253 Telephone: 850-488-4197 Collier County has implemented a process that collects reference information on firms and their key personnel to be used in the selection of firms to perform this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of 1 to 10, with 10 representing that you were very satisifed (and would hire the firm/individual again) and 1 representing that you were very unsatisfied (and would never hire the firm/indivdiual again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank and the item or form will be scored “0.” Project Description: Florida Hardest Hit Fund Program Completion Date: _____________________________ Project Budget: _______________________________ Project Number of Days: _______________________ Item Citeria Score 1 Ability to manage the project costs (minimize change orders to scope). 2 Ability to maintain project schedule (complete on-time or early). 3 Quality of work. 4 Quality of consultative advice provided on the project. 5 Professionalism and ability to manage personnel. 6 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) 7 Ability to verbally communicate and document information clearly and succinctly. 8 Abiltity to manage risks and unexpected project circumstances. 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 10 Overall comfort level with hiring the company in the future (customer satisfaction). TOTAL SCORE OF ALL ITEMS Reference Questionnaire Solicitation: 19-7577 Reference Questionnaire for: Housing Development Corporation of SW Florida, Inc., d/b/a HELP (Name of Company Requesting Reference Information) Michael Puchalla, Executive Director (Name of Individuals Requesting Reference Information) Name:Nicole Everett (Evaluator completing reference questionnaire) Company:Florida Housing Finance Corporation (Evaluator’s Company completing reference) Email: nicole.everett@floridahousing.org FAX: 850-488-9809 Telephone: 850-488-4197 Collier County has implemented a process that collects reference information on firms and their key personnel to be used in the selection of firms to perform this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of 1 to 10, with 10 representing that you were very satisifed (and would hire the firm/individual again) and 1 representing that you were very unsatisfied (and would never hire the firm/indivdiual again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank and the item or form will be scored “0.” Project Description: Foreclosure Counseling Program Completion Date: Ongoing Project Budget: _______________________________ Project Number of Days: _______________________ Item Citeria Score 1 Ability to manage the project costs (minimize change orders to scope). 2 Ability to maintain project schedule (complete on-time or early). 3 Quality of work. 4 Quality of consultative advice provided on the project. 5 Professionalism and ability to manage personnel. 6 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) 7 Ability to verbally communicate and document information clearly and succinctly. 8 Abiltity to manage risks and unexpected project circumstances. 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 10 Overall comfort level with hiring the company in the future (customer satisfaction). TOTAL SCORE OF ALL ITEMS Reference Questionnaire Solicitation: 19-7577 Reference Questionnaire for: Housing Development Corporation of SW Florida, Inc., d/b/a HELP (Name of Company Requesting Reference Information) Michael Puchalla, Executive Director (Name of Individuals Requesting Reference Information) Name:Donald Luciano (Evaluator completing reference questionnaire) Company:Collier County Community & Human Svcs (Evaluator’s Company completing reference) Email: donald.luciano@colliercountyfl.gov FAX: 239-252-6539 Telephone: 239-252-2509 Collier County has implemented a process that collects reference information on firms and their key personnel to be used in the selection of firms to perform this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of 1 to 10, with 10 representing that you were very satisifed (and would hire the firm/individual again) and 1 representing that you were very unsatisfied (and would never hire the firm/indivdiual again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank and the item or form will be scored “0.” Project Description: Homebuyer Education Completion Date: June, 2019 Project Budget: $47,377 Project Number of Days: 540 Item Citeria Score 1 Ability to manage the project costs (minimize change orders to scope). 2 Ability to maintain project schedule (complete on-time or early). 3 Quality of work. 4 Quality of consultative advice provided on the project. 5 Professionalism and ability to manage personnel. 6 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) 7 Ability to verbally communicate and document information clearly and succinctly. 8 Abiltity to manage risks and unexpected project circumstances. 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 10 Overall comfort level with hiring the company in the future (customer satisfaction). TOTAL SCORE OF ALL ITEMS Department of State /Division of Corporations /Search Records /Detail By Document Number / Document Number FEI/EIN Number Date Filed State Status Last Event Event Date Filed Event Effective Date Detail by FEI/EIN Number Florida Not For Profit Corporation HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA, INC. Filing Information N03000008167 38-3695928 09/22/2003 FL ACTIVE AMENDMENT 01/08/2018 NONE Principal Address 3200 BAILEY LANE SUITE #109 NAPLES, FL 34105 Changed: 11/03/2011 Mailing Address 3200 BAILEY LANE SUITE #109 NAPLES, FL 34105 Changed: 11/03/2011 Registered Agent Name & Address McLaughlin, Taylor 3200 BAILEY LANE SUITE 109 NAPLES, FL 34105 Name Changed: 03/08/2016 Address Changed: 02/15/2012 Officer/Director Detail Name & Address Title President McLaughlin, Taylor J 125 Nesbit Street Punta Gorda, FL 33950 DIVISION OF CORPORATIONSFlorida Department of State Page 1 of 3Detail by FEI/EIN Number 5/29/2019http://search.sunbiz.org/Inquiry/corporationsearch/SearchResultDetail?inquirytype=FeiNu... Title Executive Director Puchalla, Michael 3200 Bailey Lane Suite 109 Naples, FL 34105 Title V DAVIS, CHRISTIAN 886 110TH AVENUE N NAPLES, FL 34108 Title ST MELO, LAUREN 3035 64TH STREET SW NAPLES, FL 34105 Title D PRICE, TRACY 6621 WILLOW PARK DRIVE UNIT 1 NAPLES, FL 34109 Title D Smith, Spencer 9015 Strada Stell Ct 204 Naples, FL 34109 Title D Cardentey, Yusel 13099 US 41 SE Fort Myers, FL 33907 Annual Reports Report Year Filed Date 2017 01/10/2017 2018 01/10/2018 2019 04/18/2019 Document Images 04/18/2019 -- ANNUAL REPORT View image in PDF format 01/10/2018 -- ANNUAL REPORT View image in PDF format 01/08/2018 -- Amendment View image in PDF format 01/10/2017 -- ANNUAL REPORT View image in PDF format 03/08/2016 -- ANNUAL REPORT View image in PDF format Page 2 of 3Detail by FEI/EIN Number 5/29/2019http://search.sunbiz.org/Inquiry/corporationsearch/SearchResultDetail?inquirytype=FeiNu... 01/09/2015 -- ANNUAL REPORT View image in PDF format 02/26/2014 -- ANNUAL REPORT View image in PDF format 05/13/2013 -- AMENDED ANNUAL REPORT View image in PDF format 05/02/2013 -- ANNUAL REPORT View image in PDF format 02/15/2012 -- ANNUAL REPORT View image in PDF format 01/05/2011 -- ANNUAL REPORT View image in PDF format 08/11/2010 -- ANNUAL REPORT View image in PDF format 02/09/2009 -- ANNUAL REPORT View image in PDF format 01/23/2009 -- Name Change View image in PDF format 01/23/2009 -- Amendment View image in PDF format 07/07/2008 -- ANNUAL REPORT View image in PDF format 04/11/2007 -- ANNUAL REPORT View image in PDF format 03/24/2006 -- ANNUAL REPORT View image in PDF format 05/02/2005 -- ANNUAL REPORT View image in PDF format 07/14/2004 -- ANNUAL REPORT View image in PDF format 09/22/2003 -- Domestic Non-Profit View image in PDF format Florida Department of State, Division of Corporations Page 3 of 3Detail by FEI/EIN Number 5/29/2019http://search.sunbiz.org/Inquiry/corporationsearch/SearchResultDetail?inquirytype=FeiNu... Page 1 of 17 E-Verify MOU for Employers | Revision Date 06/01/13 Company ID Number: THE E-VERIFY MEMORANDUM OF UNDERSTANDING FOR EMPLOYERS ARTICLE I PURPOSE AND AUTHORITY E-Verify is a program that electronically confirms an employee’s eligibility to work in the United States after completion of Form I-9, Employment Eligibility Verification (Form I-9). This Memorandum of Understanding (MOU) explains certain features of the E-Verify program and describes specific responsibilities of the Employer, the Social Security Administration (SSA), and DHS. Authority for the E-Verify program is found in Title IV, Subtitle A, of the Illegal Immigration Reform and Immigrant Responsibility Act of 1996 (IIRIRA), Pub. L. 104-208, 110 Stat. 3009, as amended (8 U.S.C. § 1324a note). The Federal Acquisition Regulation (FAR) Subpart 22.18, “Employment Eligibility Verification” and Executive Order 12989, as amended, provide authority for Federal contractors and subcontractors (Federal contractor) to use E-Verify to verify the employment eligibility of certain employees working on Federal contracts. ARTICLE II RESPONSIBILITIES A. RESPONSIBILITIES OF THE EMPLOYER 1.The Employer agrees to display the following notices supplied by DHS in a prominent place that is clearly visible to prospective employees and all employees who are to be verified through the system: a.Notice of E-Verify Participation b.Notice of Right to Work 2.The Employer agrees to provide to the SSA and DHS the names, titles, addresses, and telephone numbers of the Employer representatives to be contacted about E-Verify. The Employer also agrees to keep such information current by providing updated information to SSA and DHS whenever the representatives’ contact information changes. 3.The Employer agrees to grant E-Verify access only to current employees who need E-Verify access. Employers must promptly terminate an employee’s E-Verify access if the employer is separated from the company or no longer needs access to E-Verify. 1419899 The parties to this agreement are the Department of Homeland Security (DHS) and the Housing Development Corporation of SW Florida, Inc (Employer). The purpose of this agreement is to set forth terms and conditions which the Employer will follow while participating in E-Verify. Page 2 of 17 E-Verify MOU for Employers | Revision Date 06/01/13 Company ID Number: 4. The Employer agrees to become familiar with and comply with the most recent version of the E-Verify User Manual. 5. The Employer agrees that any Employer Representative who will create E-Verify cases will complete the E-Verify Tutorial before that individual creates any cases. a. The Employer agrees that all Employer representatives will take the refresher tutorials when prompted by E-Verify in order to continue using E-Verify. Failure to complete a refresher tutorial will prevent the Employer Representative from continued use of E-Verify. 6. The Employer agrees to comply with current Form I-9 procedures, with two exceptions: a. If an employee presents a "List B" identity document, the Employer agrees to only accept "List B" documents that contain a photo. (List B documents identified in 8 C.F.R. § 274a.2(b)(1)(B)) can be presented during the Form I-9 process to establish identity.) If an employee objects to the photo requirement for religious reasons, the Employer should contact E-Verify at 888-464-4218. b. If an employee presents a DHS Form I-551 (Permanent Resident Card), Form I-766 (Employment Authorization Document), or U.S. Passport or Passport Card to complete Form I-9, the Employer agrees to make a photocopy of the document and to retain the photocopy with the employee’s Form I-9. The Employer will use the photocopy to verify the photo and to assist DHS with its review of photo mismatches that employees contest. DHS may in the future designate other documents that activate the photo screening tool. Note: Subject only to the exceptions noted previously in this paragraph, employees still retain the right to present any List A, or List B and List C, document(s) to complete the Form I-9. 7. The Employer agrees to record the case verification number on the employee's Form I-9 or to print the screen containing the case verification number and attach it to the employee's Form I-9. 8. The Employer agrees that, although it participates in E-Verify, the Employer has a responsibility to complete, retain, and make available for inspection Forms I-9 that relate to its employees, or from other requirements of applicable regulations or laws, including the obligation to comply with the antidiscrimination requirements of section 274B of the INA with respect to Form I-9 procedures. a. The following modified requirements are the only exceptions to an Employer’s obligation to not employ unauthorized workers and comply with the anti-discrimination provision of the INA: (1) List B identity documents must have photos, as described in paragraph 6 above; (2) When an Employer confirms the identity and employment eligibility of newly hired employee using E-Verify procedures, the Employer establishes a rebuttable presumption that it has not violated section 274A(a)(1)(A) of the Immigration and Nationality Act (INA) with respect to the hiring of that employee; (3) If the Employer receives a final nonconfirmation for an employee, but continues to employ that person, the Employer must notify DHS and the Employer is subject to a civil money penalty between $550 and $1,100 for each failure to notify DHS of continued employment following a final nonconfirmation; (4) If the Employer continues to employ an employee after receiving a final nonconfirmation, then the Employer is subject to a rebuttable presumption that it has knowingly 1419899 Page 3 of 17 E-Verify MOU for Employers | Revision Date 06/01/13 Company ID Number: employed an unauthorized alien in violation of section 274A(a)(1)(A); and (5) no E-Verify participant is civilly or criminally liable under any law for any action taken in good faith based on information provided through the E-Verify. b. DHS reserves the right to conduct Form I-9 compliance inspections, as well as any other enforcement or compliance activity authorized by law, including site visits, to ensure proper use of E-Verify. 9. The Employer is strictly prohibited from creating an E-Verify case before the employee has been hired, meaning that a firm offer of employment was extended and accepted and Form I-9 was completed. The Employer agrees to create an E-Verify case for new employees within three Employer business days after each employee has been hired (after both Sections 1 and 2 of Form I-9 have been completed), and to complete as many steps of the E-Verify process as are necessary according to the E-Verify User Manual. If E-Verify is temporarily unavailable, the three-day time period will be extended until it is again operational in order to accommodate the Employer's attempting, in good faith, to make inquiries during the period of unavailability. 10. The Employer agrees not to use E-Verify for pre-employment screening of job applicants, in support of any unlawful employment practice, or for any other use that this MOU or the E-Verify User Manual does not authorize. 11. The Employer must use E-Verify for all new employees. The Employer will not verify selectively and will not verify employees hired before the effective date of this MOU. Employers who are Federal contractors may qualify for exceptions to this requirement as described in Article II.B of this MOU. 12. The Employer agrees to follow appropriate procedures (see Article III below) regarding tentative nonconfirmations. The Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee’s E-Verify case. The Employer agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer agrees to provide written referral instructions to employees and instruct affected employees to bring the English copy of the letter to the SSA. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending. Further, when employees contest a tentative nonconfirmation based upon a photo mismatch, the Employer must take additional steps (see Article III.B. below) to contact DHS with information necessary to resolve the challenge. 13. The Employer agrees not to take any adverse action against an employee based upon the employee's perceived employment eligibility status while SSA or DHS is processing the verification request unless the Employer obtains knowledge (as defined in 8 C.F.R. § 274a.1(l)) that the employee is not work authorized. The Employer understands that an initial inability of the SSA or DHS automated verification system to verify work authorization, a tentative nonconfirmation, a case in continuance (indicating the need for additional time for the government to resolve a case), or the finding of a photo mismatch, does not establish, and should not be interpreted as, evidence that the employee is not work authorized. In any of such cases, the employee must be provided a full and fair opportunity to contest the finding, and if he or she does so, the employee may not be terminated or suffer any adverse employment consequences based upon the employee’s perceived employment eligibility status 1419899 Page 4 of 17 E-Verify MOU for Employers | Revision Date 06/01/13 Company ID Number: (including denying, reducing, or extending work hours, delaying or preventing training, requiring an employee to work in poorer conditions, withholding pay, refusing to assign the employee to a Federal contract or other assignment, or otherwise assuming that he or she is unauthorized to work) until and unless secondary verification by SSA or DHS has been completed and a final nonconfirmation has been issued. If the employee does not choose to contest a tentative nonconfirmation or a photo mismatch or if a secondary verification is completed and a final nonconfirmation is issued, then the Employer can find the employee is not work authorized and terminate the employee’s employment. Employers or employees with questions about a final nonconfirmation may call E-Verify at 1-888-464- 4218 (customer service) or 1-888-897-7781 (worker hotline). 14. The Employer agrees to comply with Title VII of the Civil Rights Act of 1964 and section 274B of the INA as applicable by not discriminating unlawfully against any individual in hiring, firing, employment eligibility verification, or recruitment or referral practices because of his or her national origin or citizenship status, or by committing discriminatory documentary practices. The Employer understands that such illegal practices can include selective verification or use of E-Verify except as provided in part D below, or discharging or refusing to hire employees because they appear or sound “foreign” or have received tentative nonconfirmations. The Employer further understands that any violation of the immigration-related unfair employment practices provisions in section 274B of the INA could subject the Employer to civil penalties, back pay awards, and other sanctions, and violations of Title VII could subject the Employer to back pay awards, compensatory and punitive damages. Violations of either section 274B of the INA or Title VII may also lead to the termination of its participation in E-Verify. If the Employer has any questions relating to the anti-discrimination provision, it should contact OSC at 1-800-255-8155 or 1-800-237-2515 (TDD). 15. The Employer agrees that it will use the information it receives from E-Verify only to confirm the employment eligibility of employees as authorized by this MOU. The Employer agrees that it will safeguard this information, and means of access to it (such as PINS and passwords), to ensure that it is not used for any other purpose and as necessary to protect its confidentiality, including ensuring that it is not disseminated to any person other than employees of the Employer who are authorized to perform the Employer's responsibilities under this MOU, except for such dissemination as may be authorized in advance by SSA or DHS for legitimate purposes. 16. The Employer agrees to notify DHS immediately in the event of a breach of personal information. Breaches are defined as loss of control or unauthorized access to E-Verify personal data. All suspected or confirmed breaches should be reported by calling 1-888-464-4218 or via email at E-Verify@dhs.gov. Please use “Privacy Incident – Password” in the subject line of your email when sending a breach report to E-Verify. 17. The Employer acknowledges that the information it receives from SSA is governed by the Privacy Act (5 U.S.C. § 552a(i)(1) and (3)) and the Social Security Act (42 U.S.C. 1306(a)). Any person who obtains this information under false pretenses or uses it for any purpose other than as provided for in this MOU may be subject to criminal penalties. 18. The Employer agrees to cooperate with DHS and SSA in their compliance monitoring and evaluation of E-Verify, which includes permitting DHS, SSA, their contractors and other agents, upon 1419899 Page 5 of 17 E-Verify MOU for Employers | Revision Date 06/01/13 Company ID Number: reasonable notice, to review Forms I-9 and other employment records and to interview it and its employees regarding the Employer’s use of E-Verify, and to respond in a prompt and accurate manner to DHS requests for information relating to their participation in E-Verify. 19. The Employer shall not make any false or unauthorized claims or references about its participation in E-Verify on its website, in advertising materials, or other media. The Employer shall not describe its services as federally-approved, federally-certified, or federally-recognized, or use language with a similar intent on its website or other materials provided to the public. Entering into this MOU does not mean that E-Verify endorses or authorizes your E-Verify services and any claim to that effect is false. 20. The Employer shall not state in its website or other public documents that any language used therein has been provided or approved by DHS, USCIS or the Verification Division, without first obtaining the prior written consent of DHS. 21. The Employer agrees that E-Verify trademarks and logos may be used only under license by DHS/USCIS (see M-795 (Web)) and, other than pursuant to the specific terms of such license, may not be used in any manner that might imply that the Employer’s services, products, websites, or publications are sponsored by, endorsed by, licensed by, or affiliated with DHS, USCIS, or E-Verify. 22. The Employer understands that if it uses E-Verify procedures for any purpose other than as authorized by this MOU, the Employer may be subject to appropriate legal action and termination of its participation in E-Verify according to this MOU. B. RESPONSIBILITIES OF FEDERAL CONTRACTORS 1. If the Employer is a Federal contractor with the FAR E-Verify clause subject to the employment verification terms in Subpart 22.18 of the FAR, it will become familiar with and comply with the most current version of the E-Verify User Manual for Federal Contractors as well as the E-Verify Supplemental Guide for Federal Contractors. 2. In addition to the responsibilities of every employer outlined in this MOU, the Employer understands that if it is a Federal contractor subject to the employment verification terms in Subpart 22.18 of the FAR it must verify the employment eligibility of any “employee assigned to the contract” (as defined in FAR 22.1801). Once an employee has been verified through E-Verify by the Employer, the Employer may not create a second case for the employee through E-Verify. a. An Employer that is not enrolled in E-Verify as a Federal contractor at the time of a contract award must enroll as a Federal contractor in the E-Verify program within 30 calendar days of contract award and, within 90 days of enrollment, begin to verify employment eligibility of new hires using E-Verify. The Employer must verify those employees who are working in the United States, whether or not they are assigned to the contract. Once the Employer begins verifying new hires, such verification of new hires must be initiated within three business days after the hire date. Once enrolled in E-Verify as a Federal contractor, the Employer must begin verification of employees assigned to the contract within 90 calendar days after the date of enrollment or within 30 days of an employee’s assignment to the contract, whichever date is later. 1419899 Page 6 of 17 E-Verify MOU for Employers | Revision Date 06/01/13 Company ID Number: b. Employers enrolled in E-Verify as a Federal contractor for 90 days or more at the time of a contract award must use E-Verify to begin verification of employment eligibility for new hires of the Employer who are working in the United States, whether or not assigned to the contract, within three business days after the date of hire. If the Employer is enrolled in E-Verify as a Federal contractor for 90 calendar days or less at the time of contract award, the Employer must, within 90 days of enrollment, begin to use E-Verify to initiate verification of new hires of the contractor who are working in the United States, whether or not assigned to the contract. Such verification of new hires must be initiated within three business days after the date of hire. An Employer enrolled as a Federal contractor in E-Verify must begin verification of each employee assigned to the contract within 90 calendar days after date of contract award or within 30 days after assignment to the contract, whichever is later. c. Federal contractors that are institutions of higher education (as defined at 20 U.S.C. 1001(a)), state or local governments, governments of Federally recognized Indian tribes, or sureties performing under a takeover agreement entered into with a Federal agency under a performance bond may choose to only verify new and existing employees assigned to the Federal contract. Such Federal contractors may, however, elect to verify all new hires, and/or all existing employees hired after November 6, 1986. Employers in this category must begin verification of employees assigned to the contract within 90 calendar days after the date of enrollment or within 30 days of an employee’s assignment to the contract, whichever date is later. d. Upon enrollment, Employers who are Federal contractors may elect to verify employment eligibility of all existing employees working in the United States who were hired after November 6, 1986, instead of verifying only those employees assigned to a covered Federal contract. After enrollment, Employers must elect to verify existing staff following DHS procedures and begin E-Verify verification of all existing employees within 180 days after the election. e. The Employer may use a previously completed Form I-9 as the basis for creating an E-Verify case for an employee assigned to a contract as long as: i. That Form I-9 is complete (including the SSN) and complies with Article II.A.6, ii. The employee’s work authorization has not expired, and iii. The Employer has reviewed the Form I-9 information either in person or in communications with the employee to ensure that the employee’s Section 1, Form I-9 attestation has not changed (including, but not limited to, a lawful permanent resident alien having become a naturalized U.S. citizen). f. The Employer shall complete a new Form I-9 consistent with Article II.A.6 or update the previous Form I-9 to provide the necessary information if: i. The Employer cannot determine that Form I-9 complies with Article II.A.6, ii. The employee’s basis for work authorization as attested in Section 1 has expired or changed, or iii. The Form I-9 contains no SSN or is otherwise incomplete. Note: If Section 1 of Form I-9 is otherwise valid and up-to-date and the form otherwise complies with 1419899 Page 7 of 17 E-Verify MOU for Employers | Revision Date 06/01/13 Company ID Number: Article II.C.5, but reflects documentation (such as a U.S. passport or Form I-551) that expired after completing Form I-9, the Employer shall not require the production of additional documentation, or use the photo screening tool described in Article II.A.5, subject to any additional or superseding instructions that may be provided on this subject in the E-Verify User Manual. g. The Employer agrees not to require a second verification using E-Verify of any assigned employee who has previously been verified as a newly hired employee under this MOU or to authorize verification of any existing employee by any Employer that is not a Federal contractor based on this Article. 3. The Employer understands that if it is a Federal contractor, its compliance with this MOU is a performance requirement under the terms of the Federal contract or subcontract, and the Employer consents to the release of information relating to compliance with its verification responsibilities under this MOU to contracting officers or other officials authorized to review the Employer’s compliance with Federal contracting requirements. C. RESPONSIBILITIES OF SSA 1. SSA agrees to allow DHS to compare data provided by the Employer against SSA’s database. SSA sends DHS confirmation that the data sent either matches or does not match the information in SSA’s database. 2. SSA agrees to safeguard the information the Employer provides through E-Verify procedures. SSA also agrees to limit access to such information, as is appropriate by law, to individuals responsible for the verification of Social Security numbers or responsible for evaluation of E-Verify or such other persons or entities who may be authorized by SSA as governed by the Privacy Act (5 U.S.C. § 552a), the Social Security Act (42 U.S.C. 1306(a)), and SSA regulations (20 CFR Part 401). 3. SSA agrees to provide case results from its database within three Federal Government work days of the initial inquiry. E-Verify provides the information to the Employer. 4. SSA agrees to update SSA records as necessary if the employee who contests the SSA tentative nonconfirmation visits an SSA field office and provides the required evidence. If the employee visits an SSA field office within the eight Federal Government work days from the date of referral to SSA, SSA agrees to update SSA records, if appropriate, within the eight-day period unless SSA determines that more than eight days may be necessary. In such cases, SSA will provide additional instructions to the employee. If the employee does not visit SSA in the time allowed, E-Verify may provide a final nonconfirmation to the employer. Note: If an Employer experiences technical problems, or has a policy question, the employer should contact E-Verify at 1-888-464-4218. D. RESPONSIBILITIES OF DHS 1. DHS agrees to provide the Employer with selected data from DHS databases to enable the Employer to conduct, to the extent authorized by this MOU: a. Automated verification checks on alien employees by electronic means, and 1419899 Page 8 of 17 E-Verify MOU for Employers | Revision Date 06/01/13 Company ID Number: b. Photo verification checks (when available) on employees. 2. DHS agrees to assist the Employer with operational problems associated with the Employer's participation in E-Verify. DHS agrees to provide the Employer names, titles, addresses, and telephone numbers of DHS representatives to be contacted during the E-Verify process. 3. DHS agrees to provide to the Employer with access to E-Verify training materials as well as an E-Verify User Manual that contain instructions on E-Verify policies, procedures, and requirements for both SSA and DHS, including restrictions on the use of E-Verify. 4. DHS agrees to train Employers on all important changes made to E-Verify through the use of mandatory refresher tutorials and updates to the E-Verify User Manual. Even without changes to E-Verify, DHS reserves the right to require employers to take mandatory refresher tutorials. 5. DHS agrees to provide to the Employer a notice, which indicates the Employer's participation in E-Verify. DHS also agrees to provide to the Employer anti-discrimination notices issued by the Office of Special Counsel for Immigration-Related Unfair Employment Practices (OSC), Civil Rights Division, U.S. Department of Justice. 6. DHS agrees to issue each of the Employer’s E-Verify users a unique user identification number and password that permits them to log in to E-Verify. 7. DHS agrees to safeguard the information the Employer provides, and to limit access to such information to individuals responsible for the verification process, for evaluation of E-Verify, or to such other persons or entities as may be authorized by applicable law. Information will be used only to verify the accuracy of Social Security numbers and employment eligibility, to enforce the INA and Federal criminal laws, and to administer Federal contracting requirements. 8. DHS agrees to provide a means of automated verification that provides (in conjunction with SSA verification procedures) confirmation or tentative nonconfirmation of employees' employment eligibility within three Federal Government work days of the initial inquiry. 9. DHS agrees to provide a means of secondary verification (including updating DHS records) for employees who contest DHS tentative nonconfirmations and photo mismatch tentative nonconfirmations. This provides final confirmation or nonconfirmation of the employees' employment eligibility within 10 Federal Government work days of the date of referral to DHS, unless DHS determines that more than 10 days may be necessary. In such cases, DHS will provide additional verification instructions. ARTICLE III REFERRAL OF INDIVIDUALS TO SSA AND DHS A. REFERRAL TO SSA 1. If the Employer receives a tentative nonconfirmation issued by SSA, the Employer must print the notice as directed by E-Verify. The Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee’s E-Verify 1419899 Page 9 of 17 E-Verify MOU for Employers | Revision Date 06/01/13 Company ID Number: case. The Employer also agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer agrees to provide written referral instructions to employees and instruct affected employees to bring the English copy of the letter to the SSA. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending. 2. The Employer agrees to obtain the employee’s response about whether he or she will contest the tentative nonconfirmation as soon as possible after the Employer receives the tentative nonconfirmation. Only the employee may determine whether he or she will contest the tentative nonconfirmation. 3. After a tentative nonconfirmation, the Employer will refer employees to SSA field offices only as directed by E-Verify. The Employer must record the case verification number, review the employee information submitted to E-Verify to identify any errors, and find out whether the employee contests the tentative nonconfirmation. The Employer will transmit the Social Security number, or any other corrected employee information that SSA requests, to SSA for verification again if this review indicates a need to do so. 4. The Employer will instruct the employee to visit an SSA office within eight Federal Government work days. SSA will electronically transmit the result of the referral to the Employer within 10 Federal Government work days of the referral unless it determines that more than 10 days is necessary. 5. While waiting for case results, the Employer agrees to check the E-Verify system regularly for case updates. 6. The Employer agrees not to ask the employee to obtain a printout from the Social Security Administration number database (the Numident) or other written verification of the SSN from the SSA. B. REFERRAL TO DHS 1. If the Employer receives a tentative nonconfirmation issued by DHS, the Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee’s E-Verify case. The Employer also agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending. 2. The Employer agrees to obtain the employee’s response about whether he or she will contest the tentative nonconfirmation as soon as possible after the Employer receives the tentative nonconfirmation. Only the employee may determine whether he or she will contest the tentative nonconfirmation. 3. The Employer agrees to refer individuals to DHS only when the employee chooses to contest a tentative nonconfirmation. 4. If the employee contests a tentative nonconfirmation issued by DHS, the Employer will instruct the 1419899 Page 10 of 17 E-Verify MOU for Employers | Revision Date 06/01/13 Company ID Number: employee to contact DHS through its toll-free hotline (as found on the referral letter) within eight Federal Government work days. 5. If the Employer finds a photo mismatch, the Employer must provide the photo mismatch tentative nonconfirmation notice and follow the instructions outlined in paragraph 1 of this section for tentative nonconfirmations, generally. 6. The Employer agrees that if an employee contests a tentative nonconfirmation based upon a photo mismatch, the Employer will send a copy of the employee’s Form I-551, Form I-766, U.S. Passport, or passport card to DHS for review by: a. Scanning and uploading the document, or b. Sending a photocopy of the document by express mail (furnished and paid for by the employer). 7. The Employer understands that if it cannot determine whether there is a photo match/mismatch, the Employer must forward the employee’s documentation to DHS as described in the preceding paragraph. The Employer agrees to resolve the case as specified by the DHS representative who will determine the photo match or mismatch. 8. DHS will electronically transmit the result of the referral to the Employer within 10 Federal Government work days of the referral unless it determines that more than 10 days is necessary. 9. While waiting for case results, the Employer agrees to check the E-Verify system regularly for case updates. ARTICLE IV SERVICE PROVISIONS A. NO SERVICE FEES 1. SSA and DHS will not charge the Employer for verification services performed under this MOU. The Employer is responsible for providing equipment needed to make inquiries. To access E-Verify, an Employer will need a personal computer with Internet access. ARTICLE V MODIFICATION AND TERMINATION A. MODIFICATION 1. This MOU is effective upon the signature of all parties and shall continue in effect for as long as the SSA and DHS operates the E-Verify program unless modified in writing by the mutual consent of all parties. 2. Any and all E-Verify system enhancements by DHS or SSA, including but not limited to E-Verify checking against additional data sources and instituting new verification policies or procedures, will be covered under this MOU and will not cause the need for a supplemental MOU that outlines these changes. 1419899 Page 11 of 17 E-Verify MOU for Employers | Revision Date 06/01/13 Company ID Number: B. TERMINATION 1. The Employer may terminate this MOU and its participation in E-Verify at any time upon 30 days prior written notice to the other parties. 2. Notwithstanding Article V, part A of this MOU, DHS may terminate this MOU, and thereby the Employer’s participation in E-Verify, with or without notice at any time if deemed necessary because of the requirements of law or policy, or upon a determination by SSA or DHS that there has been a breach of system integrity or security by the Employer, or a failure on the part of the Employer to comply with established E-Verify procedures and/or legal requirements. The Employer understands that if it is a Federal contractor, termination of this MOU by any party for any reason may negatively affect the performance of its contractual responsibilities. Similarly, the Employer understands that if it is in a state where E-Verify is mandatory, termination of this by any party MOU may negatively affect the Employer’s business. 3. An Employer that is a Federal contractor may terminate this MOU when the Federal contract that requires its participation in E-Verify is terminated or completed. In such cases, the Federal contractor must provide written notice to DHS. If an Employer that is a Federal contractor fails to provide such notice, then that Employer will remain an E-Verify participant, will remain bound by the terms of this MOU that apply to non-Federal contractor participants, and will be required to use the E-Verify procedures to verify the employment eligibility of all newly hired employees. 4. The Employer agrees that E-Verify is not liable for any losses, financial or otherwise, if the Employer is terminated from E-Verify. ARTICLE VI PARTIES A. Some or all SSA and DHS responsibilities under this MOU may be performed by contractor(s), and SSA and DHS may adjust verification responsibilities between each other as necessary. By separate agreement with DHS, SSA has agreed to perform its responsibilities as described in this MOU. B. Nothing in this MOU is intended, or should be construed, to create any right or benefit, substantive or procedural, enforceable at law by any third party against the United States, its agencies, officers, or employees, or against the Employer, its agents, officers, or employees. C. The Employer may not assign, directly or indirectly, whether by operation of law, change of control or merger, all or any part of its rights or obligations under this MOU without the prior written consent of DHS, which consent shall not be unreasonably withheld or delayed. Any attempt to sublicense, assign, or transfer any of the rights, duties, or obligations herein is void. D. Each party shall be solely responsible for defending any claim or action against it arising out of or related to E-Verify or this MOU, whether civil or criminal, and for any liability wherefrom, including (but not limited to) any dispute between the Employer and any other person or entity regarding the applicability of Section 403(d) of IIRIRA to any action taken or allegedly taken by the Employer. E. The Employer understands that its participation in E-Verify is not confidential information and may be disclosed as authorized or required by law and DHS or SSA policy, including but not limited to, 1419899 Page 12 of 17 E-Verify MOU for Employers | Revision Date 06/01/13 Company ID Number: Congressional oversight, E-Verify publicity and media inquiries, determinations of compliance with Federal contractual requirements, and responses to inquiries under the Freedom of Information Act (FOIA). F. The individuals whose signatures appear below represent that they are authorized to enter into this MOU on behalf of the Employer and DHS respectively. The Employer understands that any inaccurate statement, representation, data or other information provided to DHS may subject the Employer, its subcontractors, its employees, or its representatives to: (1) prosecution for false statements pursuant to 18 U.S.C. 1001 and/or; (2) immediate termination of its MOU and/or; (3) possible debarment or suspension. G. The foregoing constitutes the full agreement on this subject between DHS and the Employer. To be accepted as an E-Verify participant, you should only sign the Employer’s Section of the signature page. If you have any questions, contact E-Verify at 1-888-464-4218. 1419899 Page 13 of 17 E-Verify MOU for Employers | Revision Date 06/01/13 Company ID Number: Approved by: Employer Name (Please Type or Print) Title Signature Date Department of Homeland Security – Verification Division Name (Please Type or Print) Title Signature Date 1419899 Housing Development Corporation of SW Florida, Inc Michael Puchalla Electronically Signed 06/07/2019 USCIS Verification Division Electronically Signed 06/07/2019 Page 14 of 17 E-Verify MOU for Employers | Revision Date 06/01/13 Company ID Number: Information Required for the E-Verify Program Information relating to your Company: Company Name Company Facility Address Company Alternate Address County or Parish Employer Identification Number North American Industry Classification Systems Code Parent Company Number of Employees Number of Sites Verified for 1419899 Housing Development Corporation of SW Florida, Inc 3200 Bailey Lane Ste 109 Naples, FL 34105 COLLIER 383695928 624 5 to 9 1 Page 15 of 17 E-Verify MOU for Employers | Revision Date 06/01/13 Company ID Number: Are you verifying for more than 1 site? If yes, please provide the number of sites verified for in each State: 1419899 FLORIDA 1 site(s) Page 16 of 17 E-Verify MOU for Employers | Revision Date 06/01/13 Company ID Number: Information relating to the Program Administrator(s) for your Company on policy questions or operational problems: 1419899 Name Michael J Puchalla Phone Number (239) 434 - 2397 ext. 205 Fax Number (239) 403 - 2387 Email Address michael@collierhousing.com Name Michael J Puchalla Phone Number (239) 434 - 2397 ext. 205 Fax Number (239) 403 - 2387 Email Address michael@collierhousing.com Page 17 of 17 E-Verify MOU for Employers | Revision Date 06/01/13 Company ID Number: 1419899 Page intentionally left blank Collier County Community Housing Plan- 10/2/17 - Page 1 FINAL DRAFT Collier County Community Housing Plan October 24, 2017 Collier County Community Housing Plan- 10/2/17 - Page 2 Collier County Community Housing Plan October 24, 2017 Table of Contents • Executive Summary • Plan Development & Community Participation Page 5 • Current Housing Conditions Page 8 • ULI Findings Page 8 • Cost Burden Page 8 • Jobs-Housing Imbalance Page 9 • Market Trends Page 12 • ULI Recommendations Page 14 • Vision for the Future Page 15 • Shared Language/Definitions Page 15 • Housing Demand Model (HDM) Page 18 • Housing Recommendations –Stakeholders Group Page 20 • Density and Certainty Page 21 • Housing Trust Fund and Stable Funding Sources Page 28 • Community Land Trust & Public Lands Page 41 • Transportation Enhancements Page 45 • Communication & Outreach Page 47 • Housing Response Model: Closing the Gap and Taking Action Page 51 • Implementation Plan/ Schedule Page 52 • Appendices Collier County Community Housing Plan- 10/2/17 - Page 3 Executive Summary Collier County has a statutory obligation to provide for housing its current and anticipated population, including those most vulnerable. Affordable housing is part of a community’s infrastructure and therefore it impacts the entire community. First responders, health care professionals, teachers and others have been priced out of the housing market and have to commute long distances. A vibrant and sustainable community needs to accommodate its workforce so that those people who educate our children and save our lives can live near where they work, if they choose. In response to community concerns about the unmet needs, development of the Collier County Community Housing Plan was commissioned by the Collier County Board of County Commissioners in March 2016. An initial and on-going struggle in this endeavor has been achieving a common understanding of the definition of affordable housing, as well as how housing is tracked and reported in order to inform decision making. This plan recommends a new and simple definition to be in line with federal and state definitions, and focuses on the household income in determining whether or not housing is affordable. Under the definition, if a household spends less than 30% of their gross income on housing, then housing is affordable. The definition is inclusive of all populations including seniors and persons with special needs. Also, a decision is required as to the top income level to be considered affordable housing, and it is recommended that level be 140% of the Area Median Income, or $90,432 for a 3-person household in 2017. In early 2017, the Urban Land Institute performed a panel review of the housing situation in Collier County. Among their conclusions is that Collier needed to reframe its view of housing to better meet the needs of the 40% of the population (58,685 households) already living here that are spending more than what is affordable on housing. This large segment of Collier County’s population is living here un-affordably. With a common definition, an income cap, a focus on better meeting the needs of the cost burdened who live here, and an analysis of current market availability, a needs and response model has been developed. The needs model indicates a need for 1,665 additional units to be developed at various income levels in the next year. These units would house new entrants to the county, and also achieve a new “level of service standard” to reduce the existing cost burdened population by 1% to 3% of the population. “Housing is not a social issue, it is an economic issue.” -ULI Panel Collier County Community Housing Plan- 10/2/17 - Page 4 The response model implements the six core strategy recommendations from the ULI Panel which are: Review regulation and governance to simplify, expedite and reduce cost of development; increase supply of rental and for-sale product for the determined income categories; maintain or restore existing supply, enhance transportation options; and increase communication and engagement concerning housing that is affordable. The key elements of the recommendations include increasing certainty in the process, reducing specified development costs and review times, enhancing existing incentives such as the affordable housing density bonus program and the activity center bonuses, implementing a mixed income ordinance with enhanced density and flexible in-lieu of options, adopting a non-residential linkage fee to garner sustainable revenue for a housing trust fund, creation of a community land trust and process for land donations, and significant improvements with respect to impact fee relief. The plan will address housing for seniors and those with special needs, as well as disaster recovery housing. All of these strategies and incentives are intended to function as a complete package in order to achieve their desire results. The response model developed indicates that the incentives and other programs can help Collier meet its objectives, but may still fall short. Extensive research was conducted, and the exhibits and support papers are available for detailed review on the background of plan elements. The plan is intended as a short and long range incentive program to address current and future housing needs, and will be evaluated periodically to determine the extent to which headway is being made. The Stakeholder Committee recommends this plan to the Affordable Housing Advisory Committee, and the Affordable Housing Committee and staff recommends this plan to the Board of County Commissioners. Collier County Community Housing Plan- 10/2/17 - Page 5 Plan Development & Community Participation: In March 2016, the Board of County Commissioners directed the development of a cohesive, inclusive plan to meet the housing affordability needs of the entire County. The creation of a Community Housing Plan (CHP) includes addressing the current and future housing affordability needs of Collier County as required by Florida State Statute 163.3177(6)(f)a, with input from a diverse group of community stakeholders. The goal was to help create and guide the development of a long term, comprehensive plan within eighteen (18) months, or by September 2017. The Board of County Commissioners approved the creation and appointment of members to a Community Housing Stakeholders Group on June 14, 2016. More than 35 Stakeholders, representing a broad coalition of members from major employers, developers and real estate professionals, to non- profits, advocacy groups, and others have meet regularly since the first meeting on July 25, 2016. They have spent countless hours researching and discussing options that could be utilized in Collier County to encourage the development of housing that is affordable to a wide range of incomes and households. The Housing Stakeholder Committee has worked to build public and private partner solutions to the housing affordability crisis. There has been extensive research and analysis of existing data and proposed methods and tools to address this critical community issue to encourage the development of a wider variety of housing opportunities affordable to a broad and diverse spectrum of Collier County residents. The Stakeholders committee and the County’s Affordable Housing Advisory Committee (AHAC) have worked closely together and held more than 20 regularly scheduled meetings, 30 subcommittee meetings, and 5 public hearings since July 2016. The Community Housing Stakeholders Group has presented its recommendations to AHAC, DSAC, and other public and private committees to ensure that multiple voices are included in this community-wide process. Creating more housing that is affordable to a broad cross section of the community will help make Collier County a more sustainable, diverse, vibrant, and livable community in the coming years. FL Statues Chapter 163.3177 (6)(f) a.- Every local jurisdiction must plan for the provision of housing for all current and anticipated future residents of the jurisdiction. Collier County Community Housing Plan- 10/2/17 - Page 6 Collier County Housing Stakeholder Members & Contributors: Steve Sanderson, President and CEO, United Way of Collier County Michael Dalby, President and CEO, Greater Naples Chamber of Commerce Danny Gonzalez, President, Immokalee Chamber of Commerce Renee Thigpen, HR Director, Naples Community Hospital Allen Weiss, President and CEO, Naples Community Hospital Ian Dean, HR Director, Collier County School District Kamela Patton, Superintendent, Collier County School District Leo Ochs, Jr., County Manager, Collier County Government – as employer Tim Durham, Manager Corporate Business Operations, Collier County Gov’t Mike Boose, HR Director, Arthrex Reinhold Schmieding, Founder and President, Arthrex Darlyn Estes, HR Director, Collier County Sheriff’s Office Clark Hill, General Manager, Naples Hilton Hotel, Hotels/Restaurants Nick Kouloheras, President, Habitat for Humanity of Collier County, Hsg Dev Steve Kirk, President, Big Cypress Housing, Nonprofit housing developer Russell Budd, CEO, PBS Construction, For profit housing developers Bill Bullock, Senior Vice President, Minto Communities Developer Kathy Curatolo, Exec Vice President, Collier Building Industry Association Bill Spinelli, Chairman, Titan Custom Homes/CBIA - Construction Industry Jamie French, Deputy Dept Head, Growth Management Dept, Collier County Robin Singer, Planning Director, City of Naples Tami Scott, Zoning Administrator, City of Marco Island Christine Welton, Exec Director, Hunger and Homeless Coalition of CC Michael Puchalla, Executive Director, HELP, Nonprofit Housing Counseling/Ed Oscar Hentschel, Executive Director, Collier County Housing Authority Angela Edison, Housing Director, Collier Cnty Housing Auth/SWFL Apt Assoc Barbara Melvin, Community Relations Officer, First Florida Integrity Bank Mary Waller, Director, Naples Area Board of Realtors (NABOR) Shirley English, CEO, Marco Island Area Association of Realtors Nancy Pelotte-Cook – Marketing Director, Lely Palm Retirement Community Dr. Jaclynn Faffer, Pres & CEO, Jewish Family & Community Services of SWFL Marianne Lorini, President and CEO of the Area Agency On Aging of SWFL Lydia Galton (Retired/Active Community Volunteer) Community At Large Alan Horton (Retired Naples Daily News) Community At Large Ed Morton (Retired NCH) Community At Large Mark Teaters, Golden Gate Estates Association Affordable Housing Advisory Committee (AHAC) Steve Hruby, Chairman Taylor McLaughlin John Cowan Denise Murphy Mary Waller Scott Kish Joseph Schmitt Litha Berger Kristi Bartlett Dr. Carlos Portu Christina Apostolidis Other Contributors Sally Luken, Luken Solutions; Alan Leaffer, Citizen-at-Large; Gerald Godshaw, Collier Citizens Council; Mark Hahn, Home Care; Sheryl Soukup, Soukup Strategic Solutions; Leslie Reyes, Citizen-at-Large; Anthony Fortino, Fortino Construction; George Danz, Riviera Golf Est; Mary George, Community Foundation of Collier County Collier County Community Housing Plan- 10/2/17 - Page 7 “From the panel’s perspective, the real need in Collier County is for action and implementation. This implementation will require political will and leadership. In addition, the community at large will need to prepare for and adapt to the growth that is certain to occur in the county.” – ULI Panel Report pg 7 Collier County Community Housing Plan- 10/2/17 - Page 8 Current Housing Conditions: Urban Land Institute (ULI) Findings In the fall of 2016, the Urban Land Institute (ULI) was hired to help Collier County develop a community-wide approach to address the local housing affordability challenges. The Board of County Commissioners had previously held affordable housing workshops in March 2015 and 2016 to address the housing affordability crisis which has continued to grow since the end of the Great Recession (2007-2011). Members of the ULI team spent a week in Collier County touring the community, meeting with more than 100 stakeholder representatives, processing data/information and holding a preliminary workshop with elected officials to offer recommendations and suggestions. The ULI Panel report titled, Collier County Florida January 29-February 3, 2017, resulted in a call to action with 35 specific recommendations and some startling statistics. In the opening of the ULI Panel Report the team stated that they were “…impressed with the time, the effort, and the quality of work that has been invested in this subject by the commissioners and Collier County staff.” However, the panel also stated that “From the panel’s perspective, the real need in Collier County is for action and implementation. This implementation will require political will and leadership.”(pg 7) Reframing Housing Affordability - Cost Burdened ULI focused on those families and individuals in our community who are “cost burdened”; meaning they spend more than 30 percent of their gross income on housing costs, which includes mortgage principal and interest, property tax, HOA fees, and homeowner’s insurance payments. In conjunction with this definition are those community members who are “severely cost burdened” meaning that they spend more than 50 percent of their gross income on housing cost. This population is the most at-risk. The ULI report states that “The advantage of using the cost-burden terminology is that it does not put the focus on income alone; instead, it examines income as compared to housing cost.” (pg 11) The Shimberg Center at the University of Florida estimated that forty percent (40%) of all Collier County households (58,685 households) were cost burdened in 2015. Of these 58,685 households, 29,342 were considered Severely Cost Burdened, spending more than 50% of their monthly income on housing expenses. “There is no question that Collier County has a housing affordability problem. Part of the challenge stems from a significant lack of supply in terms of housing type and level of affordability throughout the county.” – ULI Panel Report “In 2015, 2 out of every 5 households in Collier County were cost burdened, spending more than 30% of their income on housing.” – ULI Panel Report Collier County Community Housing Plan- 10/2/17 - Page 9 Figure 1. Cost Burdened Professions Growth Implications According to the ULI Report, “The county is expected to add 58,000 households over the next 23 years. If the local issue of cost burden is not addressed, then – at a minimum - 11,000 more households will experience severe cost burden (above 50 percent) than do households today.” (pg 16) Jobs-Housing Imbalance Impacts Economic Development and Quality of Life There is a Jobs-Housing imbalance in Collier County resulting in at least 17.4% of the workforce (approximately 40,000 people) commuting daily from outside of Collier County. These employees work in Collier but live in Lee, Charlotte, or other counties where they spend their wages on rent, a mortgage, purchasing groceries, gas, and other necessities. Many public- sector employees (Sheriff’s Office, County & City government, School personnel) and large segments of the private sector cannot afford to live in Collier County. Their daily commutes from neighboring counties add to the traffic congestion on the roadways and diminish quality of life and active citizen participation. The ULI report identified “one critical challenge for Collier County businesses is the ability to recruit entry-level professionals.” (pg 14.) According to the ULI, “having employees who reside outside of Collier County and who commute long distances for work means a high level of attrition for businesses. “There are multiple challenges that first responders, educators, and others with modest incomes face when wanting to live close to their jobs. For these employees, the inconvenience and cost associated with commuting results in a decrease in “take home” pay; all the while adding to an increase in traffic congestion. Providing access to housing close to jobs can reduce commuting time (increasing leisure time), reduce commuting costs (increasing take home pay), reduce traffic congestion, and reduce automobile emissions. According to a survey of Collier County BCC employees, 32% of the workforce drives more than 30 minutes each day to and from work- home with 5% of the workforce driving more than 60 minutes each day. – County survey 2016 Approximately 40,000 people commute daily from outside of Collier County. – US Census Collier County Community Housing Plan- 10/2/17 - Page 10 The same holds true for those employers recruiting for hospitality and service sector employment. Resort and second-home communities require retail and service employees, but many of these employees are not able to live near their job due to a lack of housing that is affordable. Stores, hotels and restaurants cannot afford to pay high enough wages to allow their employees to live in affluent areas, and as a result, suffer from short- staffing, absenteeism and high turnover. The ULI panel report states that “Furthermore, when people who work in the county are commuting to adjoining municipalities to live, the county bears the costs of the roads without the benefit of receiving the tax revenue.” (pg 14) Figure 2. Sample Cost Burdened Employment in Collier County Source: ULI Collier Report 2017 Figure 3. 2009-2014 Employment Commuting Patterns in Collier Co. Source: U.S. Census Bureau, 2009-2013, American Community Survey According to the ULI research, there were an extremely small number of available units on the market for households earning 80-100% of area Annual Wage Range (Entry to M edian) Median Gross Rent 2015 Median Home Sales Price Homes Priced at 50% of Median Price $1,020 / Month $405,000 $200,000 Health Care Registered Nurses $47,000-$65,000 24% 38% 19% Medical Assistants $30,000-$35,000 41% 68% 34% Emergency Technicians $28,000-$36,000 42% 68% 34% Education Teachers $44,000-$59,000 28% 50% 25% Teaching Assistants $22,000-$24,000 45% 101% 51% Public Safety Firefighters $39,000-$57,000 29% 43% 21% Patrol Officers $47,000-$59,000 26% 41% 21% Service Workers Maids/Housekeeping $18,000-$22,000 66% 109% 55% Massage Therapist $26,000-$55,000 37% 44% 22% Concierges $25,000-$31,000 48% 78% 39% Entry Level/ Mid Tier Professionals Human Resources Specialists $35,000-$55,000 31% 45% 22% Dental Assistants $33,000-$43,000 36% 57% 29% Administrative Assistants $22,000-$33,000 49% 73% 37% Commuting to Collier County for Jobs 20,313 employees out of 138,490 total Collier County Jobs commute from another county (2009-14) 14.7% of workforce commutes from another county into Collier Commute from: Lee, Hendry, Charlotte, Broward, Miami-Dade, Sarasota, Hillsborough, Highlands, Orange & Palm Beach Counties “Furthermore, when people who work in the county are commuting to adjoining municipalities to live, the county bears the costs of the roads without the benefit of receiving the tax revenue.”- ULI Report (pg 14) Collier County Community Housing Plan- 10/2/17 - Page 11 median income in February 2017. Both the rent and for sale housing prices in Collier continue to outpace neighboring counties forcing employees to commute 30 to 100 miles each way, spending their wages in adjacent counties. Collier’s housing affordability gap will continue to grow as rents and for sale housing prices continue to trend upward year over year. Figure 4. “Availability Snapshot” February 1, 2017 Units on the Market for Households who make 100% or less of Area Median Income ($68,300) Housing Units Available Single Family - For Sale 125 Condo- For Sale 250 Single Family - Rentals 0 Multi-Family Rentals 23 Source: ULI Report 2/1/2017 (MLS & Apartments.com, Zillow.com, Craigslist.com, and others) Figure 5. Collier County Fair Market Rent Increases 2016/17 Collier County Rents Efficiency 1 bdrm 2 bdrm 3 bdrm 4bdrm 2017 Fair Market Rent $801 $973 $1,195 $1,606 $1,996 % chg from prior year +11.3% +14.3% +14.7% +15.5% +15.6% Source: Collier County Apartment Survey, HUD Figure 6. Collier County Median for Sale Housing Increases 2016/17 Multi- Family Single- Family Combined March 2017 Collier Median Sale Price $275,000 $422,000 $340,000 % change from prior year +7% +5% +5% Source: NABOR April 2017 Collier’s housing affordability gap will continue to grow as rents and for sale housing prices continue to trend upward year over year. Collier County Community Housing Plan- 10/2/17 - Page 12 Market Trends Collier County’s historical development pattern is low density, single family homeownership. Since its initial establishment, Naples and Collier County have focused on high-end second home communities, seasonal resort tourism, and the businesses that support this economic engine. As a result of this market driven pattern, large segments of the population have been underserved and priced out of the market. The County’s housing production is not sufficiently diverse with regard to size, tenure, location, and price points, to adequately reflect the social, economic, and age related diversity of our population. The result of these trends and policies is a significant disparity between the cost of housing and the incomes of the average person and the working poor. Furthermore, the members of the workforce with low to moderate wages, and members of the community on fixed incomes, have limited housing options. All of these historical development patterns, high housing cost, and other disparities limit Collier County’s ability to attract and retain a strong workforce and to sustain and expand our economy. The challenge is to embrace pubic policies and encourage changes in development trends to ensure that Collier County has a diverse, affordable housing stock that reflects the needs of our current and future population with regard to type, tenure, cost, location, safety, and accessibility. The community must begin to think differently as we plan for a vibrant, sustainable future, addressing the needs of multiple generations of renters and homeowners who provide the needed services that enhance our community’s quality of life. According to the National Low Income Housing Coalition’s annual Out of Reach the High Cost of Housing publication, the gap between renters’ wages and the cost of rental housing continues to escalate. The rental housing market has continued to experience strong demand since the Great Recession, as homeownership rates have declined. “Household income has not kept up with the rising cost of rental housing. From the housing crisis of 2007 to 2015, the median gross rent for a rental home in the U.S. increased by 6%, after adjusting for overall inflation, while the median income for renter households rose by just 1% and median income for all households declined by 4% (U.S. Census Bureau, 2017). Demand for rental housing will likely continue to rise. Researchers at the Joint Center for Housing Studies at Harvard predict an additional 4.7 million renter households by 2025 from household growth, even if homeownership rates stabilize.” (NLIHC Out of Reach 2017) The challenge is to embrace public policies and encourage changes in development trends to ensure that Collier County has a diverse, affordable housing stock that reflects the needs of our current and future population with regard to type, tenure, cost, location, safety, and accessibility. Collier County Community Housing Plan- 10/2/17 - Page 13 In addition, according to NLIHC, the Florida Department of Economic Opportunity, and other agencies “Six of the seven occupations projected to add the greatest number of jobs by 2024 provide a median wage that is not sufficient to afford a modest one-bedroom rental home.” According to the Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, in 2013, 80.5% of the jobs in Collier County paid less than 80% of the area median income. Three years later, in 2016 that increased to 87.7%. As with other resort communities across the country, there is often a lack of housing that is affordable to rent or purchase for households who provide services in tourism, hospitality and to retirees. Housing that is affordable to households working and providing services to the community needs to become a part of the community’s infrastructure. Housing affordability initiatives in other resort communities have been researched with successful programs identified as potential solutions for the Collier housing affordability challenges. A key element of such initiatives is to educate residents and “change the narrative” to present affordable housing as a necessity and a shared public responsibility/part of the community’s infrastructure. Figure 7. Wells Fargo Housing Opportunity Index (Source: Wells Fargo Housing Opportunity Index) The existing housing stock of for sale homes are at prices very high relative to wage income levels, as shown in the above graph depicting data from the Wells Fargo Housing Opportunity Index. A Housing Opportunity Index (HOI) below 50 indicates an unhealthy housing to 61.4% of the jobs in Collier County pay less than $33,250 per year. Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Quarterly Census of Employment and Wages Program (QCEW) in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics. Collier County Community Housing Plan- 10/2/17 - Page 14 Regulation and Governance Increase, Maintain, or Re store Supply Enhance Transportation Opt ions Increase Wages Communication and Engagement 7 member BCC Increase Density in AHDB program Bus routes near aff. development Government wages YIMBY and Volunteer Projects Simple Majority for AH Zoning Incl. Zoning with flexibility options Park and Ride System Minimum wage Directory of affordable housing for developers Increase Density at Strategic Sites Rental of guest houses / ADU Bus Rapid transit or express routes Myths and Facts Brochure Increase Admin Approvals Commercial by Transp, Jobs; Incr. density Implement Pathways Plan Marketing and Communication Plan Expedite Permitting Community Land Trust Promote Ride Sharing Options Hire Community Outreach Coord Reduce regs to reduce cost Use Publicly owned land Secure revenue source for transit Streamline application process Adopt SMART code (LDC) Reduce or waive impact fees Directory of affordable housing for consumers Reinstate Housing Trust Fund Dev Housing Education Program Dedicated Funding Source Housing Resources Guide Hire Housing Counselor Community Vision affordability relationship. This chart shows the gap between wages and for sale housing prices over the past three and a half years. ULI Recommendations The ULI Panel Report (Exhibit B) provides major recommendations organized around six core strategies with 35 specific recommendations. The six core strategies for housing affordability are: Regulation & Governance Enhance Transportation Options Increase Supply Enhance Wages Maintain or Restore Existing Supply Communication and Engagement The Board of County Commissioners provided direction to the staff and stakeholders to explore 27 of the specific recommendations in four categories as they develop the Community Housing Plan (CHP). The 27 recommendations reviewed by Stakeholders are shown below in green. Figure 8. ULI Recommendations IT IS THE OPINION OF THE PANEL that Collier County absolutely has a housing affordability problem. It is not a crisis yet, but if housing is not addressed, the panel believes that it will become a crisis. Given the growth projections for the county, the panel believes this problem will occur far sooner than expected. – ULI Report, pg. 37 Collier County Community Housing Plan- 10/2/17 - Page 15 Vision for the Future: All residents of Collier County have a diverse range of attainable housing options. (Housing Stakeholders Group, July 2017) Creating a Shared Language --- What is Housing Affordability? In an effort to develop a common understanding, we must have a shared language of standardized terms. Throughout the CHP the following terms will be utilized to describe the concept of “What is” and “Who needs” housing that is affordable. The goal is to move away from the term affordable housing in order to reframe the perception that housing affordability is only for very low income households, or even those with no income. Therefore, it has been determined that we will refer to our goal as meeting the housing affordability needs of the community. However, for purposes of definitions, and to utilize the standard nomenclature the term affordable housing will be used; but what is really being talked about is housing affordability. Affordable Housing - Housing is affordable to a household when a residential dwelling unit with monthly rent or monthly mortgage payment, including property taxes and insurance, is not in excess of 30 percent of that amount which represents the percentage of the median annual gross income for the household. In Collier County, affordable housing specifically includes the following income level targets for the area, and are based on income categories determined by the Secretary of the U.S. Department of Housing and Urban Development: (a) "Extremely low income" means households whose incomes do not exceed 30 percent of the median income. (b) "Very low income" means households whose incomes do not exceed 50 percent of the median income (c) "Low income" means households whose incomes are more than 50 percent but do not exceed 80 percent of the median income (d) Moderate income" means households whose incomes are more than 80 percent but do not exceed 120 percent of the median income (e) “Gap income” means households whose incomes are more than 120 percent but do not exceed 140 percent of the median income Approved Affordable Housing shall mean Affordable Housing that includes a long-term affordability restriction wherein the cost of housing and income of the household are known and monitored, for a specific period of time. Vision for the Future: All residents of Collier County have a diverse range of attainable housing options. - Housing Stakeholders Group, July 2017 Collier County Community Housing Plan- 10/2/17 - Page 16 Community Land Trust (CLT) - a vehicle to separate land from homes for the purpose of transferring title to a home without selling the land. The land remains with a nonprofit that holds title to the land and manages the ground leases. The homes can be sold to other income qualified buyers during a 99-year ground lease. A CLT is typically managed by a non-profit that provides permanently affordable housing units by acquiring land and removing it from the price of the home. Cost Burdened – households that pay more than 30 percent of their gross income on housing costs, which includes mortgage principal, interest, property tax, and homeowner’s insurance (PITI), or rent and utilities. Category Name 1 2 3 4 5 Extremely Low 30% $14,640 $16,740 $18,840 $20,910 $22,590 Very Low 50% $24,400 $27,900 $31,400 $34,850 $37,650 Low 80% $39,040 $44,640 $50,240 $55,760 $60,240 Moderate 120% $58,560 $66,960 $75,360 $83,640 $90,360 Gap 140% $70,272 $80,352 $90,432 $100,368 $108,432 Percentage Category Income Limit by Number of Persons Category Typical purchasing power for household size (3xIncome) Name 1 2 3 4 Extremely Low 30% $43,920 $50,220 $56,520 $62,730 Very Low 50% $73,200 $83,700 $94,200 $104,550 Low 80% $117,120 $133,920 $150,720 $167,280 Moderate 120% $175,680 $200,880 $226,080 $250,920 Gap 140% $210,816 $241,056 $271,296 $301,104 Percentage Category Category Name Efficiency 1 2 3 4 Extremely Low 30% $366 $392 $471 $543 $606 Very Low 50% $610 $653 $785 $906 $1,011 Low 80% $976 $1,046 $1,256 $1,450 $1,618 Moderate 120% $1,464 $1,569 $1,884 $2,175 $2,427 Gap 140% $1,830 $1,883 $2,261 $2,610 $2,912 Rent Limit by Number of Bedrooms (incl. utilities)Percentage Category Collier County Community Housing Plan- 10/2/17 - Page 17 Housing Trust Fund (HTF) – is established to collect and disburse funds for the creation of affordable housing, including purchasing land. Locally collected funds dispersed using local guidelines and requirements Linkage Fees – a fee charged to non-residential development based upon the employment demand and affordable housing need created by new or re-development. Linkage Fees collected are placed in a Housing Trust Fund (HTF). Mixed-Income Housing – includes diverse types of housing units, such as apartments, town homes, and/or single-family homes for people with a range of income levels. Mixed-income housing includes both market rate and below market rate as determined by the needs of the local community. Collier County is proposing development of mixed-income communities targeted at low, moderate, and gap incomes along with market rate housing. Seniors and Special Needs- households that include persons that are elderly, disabled, at risk of being or are homeless, and/or have extremely low incomes. These special needs populations may include more specifically defined subgroups such as youth aging out of foster care, survivors of domestic violence, persons with severe and persistent mental illness, or persons with developmental disabilities. Severely Cost Burdened – households that pay more than 50 percent of their gross income on housing cost - mortgage principal, interest, taxes and insurance (PITI), or rent and utilities. Unrestricted Market Rate Housing – means dwelling units that are unrestricted for affordability, yet are valued on the open market at a given time with a fair market value making them potentially attainable to households with yearly incomes less than 140%AMI. In this category, there is no knowledge of whether the general affordable housing definition has been met, meaning the household income of the persons in the dwelling units and their actual housing costs are unknown. Collier County Community Housing Plan- 10/2/17 - Page 18 Collier County Housing Demand Model---What is the Housing Need? The Board of County Commissioners adopted a Housing Demand Methodology in 2015 that identified the need for additional housing units based upon projected population growth by income categories. This 2015 demand model only addressed future housing demand. The 2017 Housing Demand Model (HDM) has been modified to add information on the current supply and current shortfall of housing, as well as the number of cost burdened households, resulting in a projected total affordable housing units needed per year by various targeted categories. With an estimated 40% of the county population being cost burdened according to the Shimberg Center at University of Florida, reducing this percentage of cost burden families by just a few percentage points would bring Collier County more in line with other communities’ cost burden percentage. Collier County is ranked 12th highest in Florida for the number of households that are cost burdened. In looking at other Florida communities, many counties have between 36%-39% of their population being housing cost burden. Collier County should consider efforts to reduce its cost burden population by at least 3-5% in the coming years to be competitive with peer counties. Figure 9. Sample Cost-Burdened Counties State Rank County Households # Cost Burdened % Cost Burdened 2 Monroe 33,658 16,635 49.4% 6 Palm Beach 574,690 256,971 44.7% 7 St. Lucie 113,981 49,982 43.9% 10 Sarasota 181,668 76,613 42.2% 12 Collier 143,771 57,601 40.1% 14 Volusia 217,830 86,902 39.9% 16 Flagler 41,710 16,562 39.7% 17 Lee 268,614 104,709 39.0% 18 Pinellas 434,206 168,988 38.9% 19 Indian River 63,373 24,403 38.5% 20 Manatee 149,999 57,122 38.1% 24 Charlotte 77,358 28,173 36.4% 37 Hendry 11,916 4,039 33.9% 61 Glades 4,595 1,234 26.9% Southwest Florida 5-county region in green; All adjacent counties lower cost burdened Similar coastal communities in orange 57,601 Households are cost burdened in Collier County – of which 29,342 are severely cost burdened (spending more than 50% of their income on housing) Collier County Community Housing Plan- 10/2/17 - Page 19 Collier County individuals or families that are cost burdened (more than 30%) or severely cost burden (more than 50%) have less income to spend on other necessities including food, health care, school supplies, and transportation costs. Using the updated 2017 Housing Demand Methodology shows a need for housing that is affordable at a variety of income levels in Collier County. Figure 10. Housing Demand Model Sources/ Notes: 1.NABOR (Naples) and MIAAOR (Marco) Collier County Inventory levels collected from July 10, 2017 2.University of Florida Shimberg Center for Affordable Housing- Florida Housing Data Clearinghouse 3.To determine the current population needs and future populations needs, the FL Dept of Labor, Occupation Report from 2016 was used which includes jobs located in Collier County 4.Collier County Property Appraiser 5.Includes Manufactured Homes1. (column #11)- NABOR (Naples) and MIAAOR (Marco) Collier County Inventory levels collected from August, 2017; note NABOR does not include private sales not approved for sale on the MLS 6.2. (column #7)- University of Florida Shimberg Center for Affordable Housing- Florida Housing Data Clearinghouse 7.(column #8)- To determine the current population needs and future populations needs, University of Florida Shimberg Center for Affordable Housing- Florida Housing Data Clearinghouse 8.(column #5)- Collier County Property Appraiser 9.Note: There are 8,514 mobile home units in Collier County, of which 2,076 are located in District 5 (which includes Immokalee). A survey of mobile home parks has determined that the majority of mobile home units in Immokalee are utilized as migrant farm-worker housing, and many other mobile homes in the urban area of the county are located in age restricted, 55 and over communities. While the number of mobile homes in Collier County is significant, in total they make up less than 4% of the County’s total housing stock and they are encumbered by other restrictions that preclude them from serving as housing options for the greater population. The Housing demand model shows a need for 1,665 units at various income levels. Collier County Community Housing Plan- 10/2/17 - Page 20 Housing Recommendations The Stakeholders Group—How Do We Address the Housing Need? With the release of the final ULI Advisory Services Panel Report Collier County, Florida January 29-February 3, 2017 in June 2017 (Exhibit B), the Housing Stakeholders Group, the Affordable Housing Advisory Committee (AHAC), and staff have developed a long term, comprehensive Community Housing Plan with specific recommendations to the BCC and the community to address the growing housing affordability crisis that has been impacting the community for years. The Stakeholders formed five subcommittees to begin to gather data on the issues and identify tools and methods to address the identified strategies. Stakeholder Group Subcommittees: Density and Certainty Stable Funding Sources Community Land Trust & Public Lands Transportation Enhancements Communication & Outreach The Stakeholders recommendations to the Board of County Commissioners follow on the next sections. The 2017 CollierCounty HousingDemand Model shows a need for 1,665 new units that are affordable each year. Stakeholder Focus Density and Certainty Stable Funding Sources Community Land Trust & Public Lands Transportation Enhancements Communication & Outreach Stakeholder Focus Density and Certainty Stable Funding Sources Community Land Trust & Public Lands Transportation Enhancements Communication & Outreach Collier County Community Housing Plan- 10/2/17 - Page 21 Density and Certainty This subcommittee focused on bringing certainty to the development process and increasing density. This subcommittee’s recommendations include: 1. Identify “Strategic Opportunity Sites” for Higher Densities A. Require Activity Centers to include residential development- When originally enacted in Collier County’s Code, Activity Centers were designed to include a mix of uses including residential development at higher densities as well as intense commercial and office uses. This would have several benefits including providing housing opportunities in/near commercial job centers and developing residential properties at higher densities providing diversity in the residential development pattern of Collier County. These residential units would not be restricted or monitored for affordability, but rather would serve to provide a diverse supply of housing types and options. The requirement that activity centers include residential uses in their development was removed from Collier’s Code decades ago. As a result, all activities center development to date has been focused exclusively on commercial centers; residential development around activity centers has maintained Collier County’s low density/gated community characteristics and the workforce needed for those job centers must commute from further away causing congestion on our roadway system. It is recommended that Collier County again require a residential component be included in the development or re-development of any exiting or newly created activity centers. B. Allow Higher Densities in Activity Centers & Strategic Opportunity Sites above the current limits (i.e. 20-25 units/acre)- According to the ULI Report, “density is key” to providing housing that is affordable. The ULI suggested densities in the 30-35 units per acre range. Collier County’s historic development pattern has led to extremely low density development that sprawls outward from the coast and from commercial centers. Although extremely rarely used or approved, if ever, density in Collier County is capped in the Comprehensive Plan to 16 units to the acre maximum. Density above this maximum can create opportunities for housing that is affordable to be developed. Collier County Community Housing Plan- 10/2/17 - Page 22 It is recommended that Collier County initiate a process to amend its comprehensive plan to allow for the maximum residential density to be increased to 20-25 units per acre at certain Strategic Opportunity Sites. Strategic Opportunity Sites will be identified by the Board based upon recommendations from Growth Management through the land use review process. These sites may build on the existing activity centers concept and be expanded to include new corporate headquarter sites or industrial areas, or major transportation corridors, in the urban area, eastern Collier, Immokalee and other appropriate locations. Housing that is affordable in Strategic opportunity sites could be designated for Essential Services Personnel (teachers, first responders, health care professionals, etc.). 2. Modify the existing Affordable Housing Density Bonus (AHDB) program to allow higher densities from 8 to 12 units per acre (See attached proposed amendment to the AHDB in the Appendix Exhibit C & C.1) The existing Affordable Housing Density Bonus program allows for a density bonus of up to 8 additional units per acre on top of a site’s base density. These bonuses, which have a land use restriction of 15 years, are available only in the County’s Urban Area, where development is encouraged. In Collier County, the base density in the urban area is 4 units per acre, with several large areas further limited to only 3 units per acre as a base density. Applying the maximum Affordable Housing Density Bonus program to these sites allows the density on those sites to only be increased to 11 or 12 units per acre. This is below the County’s maximum allowed density cap of 16 units per acre. It is recommended that the existing Affordable Housing Density Bonus Program be amended to allow up to a 12 unit per acre bonus, thus allowing development of housing that is affordable to be built up to the county’s maximum allowable density of up to 16 units per acre. It is also recommended to extend the AHDB on rental communities to 30 years. 3. Implement Mixed Income Housing Ordinance with local flexibility options (See attached draft ordinance in the Appendix Exhibit D & D.1) Policy 1.9 of the Housing Element of the Collier County Comprehensive Plan specifically tasks the County, to explore the development of a fair share affordable housing ordinance that shall require commercial and residential developments to address the lack of affordable housing. Urban Area- Collier County Community Housing Plan- 10/2/17 - Page 23 To address this task and the housing affordability issue in Collier County, it is recommended that the county adopt and implement a locally designed and controlled Mixed Income Housing Ordinance. The proposed Mixed Income Housing Ordinance will require new residential development seeking approval by the Board of County Commissioners to address housing affordability. Developers have several options as to how to meet this requirement including 1) accepting a 30% density bonus and including the mixed income units onsite, 2) providing the mixed income units off site, 3) partnering with another entity to provide the mixed income units, 4) paying a fee in-lieu of providing the mixed income units, or 5) approval by the Board of County Commissioners of some other option to comply with the mixed income housing ordinance with a commensurate result. The proposed Mixed Income Housing Ordinance allows for a 30% density bonus (including bonus/additional market rate units) in exchange for providing 15% of the residential units as Mixed Income Housing. The mixed income units will be 5% at Low Income, 5% Moderate Income, and 5% Gap income. Ten percent of those mixed income units will be made available to seniors and special needs households. It is anticipated that this ordinance will create approximately 180 new units that are affordable each year at varying income level targets (including units for seniors and those with special needs). These units will be deed restricted and monitored to remain affordable for a specific period of time. Implementation of a mixed income housing ordinance would help ensure equitable distribution of housing that is affordable throughout all areas of the county. As stated, developers may choose to pay fees in lieu of developing the required affordable housing on site. In- lieu fees that are permitted within the mixed income housing ordinance are not intended to provide a revenue source for affordable housing. The fee in lieu is established at $127,000 per unit and calculated as the difference between the combined single-family and multi-family median sales price ($327,000- NABOR July 2017, Exhibit D.1) and that amount that is affordable to a household at the Moderate income level ($200,000). Funds which may be collected if a developer chooses this option would be deposited into the local affordable housing trust fund. This supports the primary goal and objective of the Housing Element, which is to provide new affordable housing units in order to meet the current and future housing needs of residents with very-low, low, moderate and gap incomes, including seniors and households with special needs such as rural and farmworker housing in rural Collier County. An exception to the Mixed Income Housing Ordinance is Towns and Villages developing under the Rural Lands Stewardship Area (RLSA) overlay. Collier County Community Housing Plan- 10/2/17 - Page 24 Communities in the RLSA will have their own housing affordability requirements. Figure 11. PUD Residential Approvals 2007-2017 4. Establish or Increase Administrative Approvals A. Allow commercial conversion near targeted transportation and job centers at high density; using SDP approval only- Collier County currently allows the conversion of commercial sites to residential through a re-zoning process. Commercial zoning may be converted to residential at 16 units per acre. This process is rarely used due to the requirement that the site go through a full re-zoning process including public hearings. Downzoning a site from commercial zoning reduces the intensity of uses allowed on the site. As such the need for public vetting and approvals of such actions should be greatly mitigated. It is recommended that for developments proposing to include housing that is affordable through a commercial to residential conversion be approved administratively through the SDP process. B. Allow affordable housing densities by right- Currently the Affordable Housing Density Bonus Program is allowed to be applied as matter of right in the Immokalee area. “Density is Key” -ULI Panel PUD UNIT APPROVALS Example Mixed Income Housing Requirements/Units YEAR PUD Units Approved 5% 10% 15% 20% 2007 3,271 164 327 491 654 2008 1,515 76 152 227 303 2009 548 27 55 82 110 2010 0 0 0 0 0 2011 2,080 104 208 312 416 2012 523 26 52 78 105 2013 145 7 15 22 29 2014 3,366 168 337 505 673 2015 325 16 33 49 65 2016 267 13 27 40 53 2017 (1/2 yr)610 31 61 92 122 2017 (Projected)1,220 61 122 183 244 2007-2017 (Projected) Total 13,260 663 1,326 1,989 2,652 Collier County Community Housing Plan- 10/2/17 - Page 25 It is recommended that this provision be expanded to allow Affordable Housing Density Bonuses up to 4 units to the acre to be approved administratively throughout the urban area. C. In Senior Living Facilities require any request above a .45 FAR to include 20% of the beds as affordable/Medicare. D. Micro Housing – Create local development codes to suit small single family units. Study full impact and effects of allowing smaller units, including but not limited to LDC and GMP impacts, Impact Fee impacts, and future land use element impacts. 5. Expedite the Permitting and Approval Process; including zoning, LDC and GMP changes A. The current Expedited Permitting Process for Affordable Housing (Fast-Track) prescribes a certain number of review days depending on the action required. Rejections are then sent back to the applicant and resubmitted to be reviewed and either rejected again or approved. This cycle can repeat itself 5 or 6 or more times. Each time adding months to the project approval. Create a concurrent and interactive review to clear discrepancies in one meeting. It is recommended that the current Expedited Permitting Process be amended to include a concurrent and interactive review to clear discrepancies in one or two meetings between staff and applicants. 6. Allow cost-saving infrastructure changes - Case Study Several regulatory changes were considered and evaluated as to the costs they add to a development, their need, and the potential cost savings if the regulations were eliminated. A Case Study of a recent single family development applied some of these changes in an attempt to find the “real world” value of making them. The chart below shows a sampling of what the elimination or amendment of some of these regulations can do to the construction cost of EACH home. Collier County Community Housing Plan- 10/2/17 - Page 26 Figure 12. Cost saving regulatory relief Proposed Changes Cost Savings per Unit Limit application to 1 round of reviews at Planning level $1,091 Limit application to 2 rounds of review by Engineering $545 Allow for administrative approval for projects meeting established thresholds $909 Allow for additional density for affordable projects by right, i.e. Market rate projects in urban area = 4 units/acre, mixed income = 7/units/acre $1,818 Require sidewalks on only one side of the street $223 Waive requirement for generator at lift station $2,364 Total Savings per Unit $6,950 By adopting some of these regulatory reliefs the cost of each home could be reduced by almost $7000. According to the National Home Builder’s Association’s “Priced Out” report in 2016, every $1000 added or subtracted to the price of a home in Collier County either allows 189 additional households to afford to purchase a median priced home, or puts that home out of their reach. Applying that model to the $7000 in construction cost savings has the potential to make approximately 1,325 home in Collier County affordable to buyers. It is recommended that Collier County continue to explore and refine the list of regulatory relief items and present a full list to the Board for approval through the applicable LDC or GMP amendment cycles. 7. Amend the LDC to Adopt Smart Code A smart code is a unified land development ordinance template for planning and urban design. A form-based unified land development ordinance designed to create walkable neighborhoods across the full spectrum of development, from the most rural to the most urban, incorporating a transect of character and intensity within each. “Every $1000 added or subtracted to the price of a home in Collier County either allows 189 additional households to afford to purchase a median priced home, or puts that home out of their reach.” – NHBA Priced Out Report Collier County Community Housing Plan- 10/2/17 - Page 27 Example: Figure 13. Smart Code Neighborhood Transect Zones Preserve East of Everglades Blvd. Golden Gate Estates Goodlette Rd-Collier Blvd. Pine Ridge Rd. US41 5th Ave S. Mercato Collier County currently implements a version of a smart code by using various elements of our Comprehensive Planning Process. The county is currently undertaking the re-study of four major elements of its comprehensive plan the results of which may move development to follow several elements of Smart Codes. Recommendation: Continue to study via the 4 restudy efforts, how housing affordability in Collier County could benefit from using a Smart Code. 8. Impact Fee Deferral Program Tindale Oliver recently conducted a study of Impact Fee Discount programs in counties and cities in Florida. The Tindale Oliver Impact Fee Discount report is attached as Exhibit E in the Appendix. Based on this study, it is concluded that Collier County’s current Impact Fee Deferral Program is already very advanced in comparison to other jurisdictions. The Impact Fee Deferral program has been in place since 2001. Impact fees are deferred on units earmarked for owner-occupied or rental housing for families with incomes up to 120% of Median Area Income. (3-person household earning less than $75,360 per year) However, further impact fee relief in consistently noted by the development community as a part of the remedy to achieve more housing that is affordable. Therefore, the following recommendations are made: It is suggested that the current Collier program be “fine-tuned” as follows: Collier County Community Housing Plan- 10/2/17 - Page 28 • Increase the deferral period for Rental Developments from 10 years to 30 years. • Forgive Owner-Occupied deferrals after 15 years • Increase households served to 140% of Median Income (Gap Housing) • Add capacity to the program by increasing the percentage of collections from 3%, to 4% or 5%, of total collections of county impact fees. Since the 2005 ordinance update, the Impact Fee Deferral program has been capped at three percent (3%) of the total annual impact collections which represents a de minimus amount of the total. Reinstating the Housing Trust Fund Housing trust funds are established sources of funding for affordable housing construction and other related purposes created by governments in the United States (U.S.). The housing trust fund (HTF) is an example of a national best practice that Collier County currently has at its disposal but does not use. More than 700 HTFs exist nationwide, and they are often a critical element of a jurisdiction’s overall housing policy. One primary benefit of these instruments is the fact that there is local control over the allocation of the funds to match with the goals of the local jurisdiction. By reinstating the Affordable Housing Trust Fund (Fund), all voluntary donations or other revenue generated for affordable housing shall be deposited into the Fund. The Fund shall be maintained in an interest- bearing account and any interest derived from deposits in the Fund shall follow and remain within the Fun. Monies in the Fund, including interest and recaptured monies, shall be disbursed according to the eligible uses set forth and as approved by the Board and administered by the Community and Human Services Division. Awards from the Fund shall be made only at the discretion of the BCC. The Community and Human Services Division will act as the administrators of the fund and associated projects for the BCC. The AHAC will work with CHS staff to develop oversight protocols and specific eligibility criteria for BCC approval. (See Exhibits F, F.1 & F.2) [Sidebar Title] [Sidebars are great for calling out important points from your text or adding additional info for quick reference, such as a schedule. They are typically placed on the left, right, top or bottom of the page. But you can easily drag them to any position you prefer. When you’re ready to add your content, just click here and start typing.] Collier County Community Housing Plan- 10/2/17 - Page 29 Figure 13. Proposed Uses of Housing Trust Fund Programs Developer Consumer Down Payment Assistance X Impact Fee Relief X X Land Acquisition/Pre Development Funding X Construction Loans X X Community Land Trust – land acquisition X Preserve existing affordable housing supply – For rehabilitating rental or owner occupied dwelling units X X Rental assistance X Local contribution for tax credit or SAIL applications X Disaster Recovery X X Priority scoring, or additional funds will be awarded to those projects that are mixed income, in activity centers, or on major transit routes (in particular on CAT routes). Additionally, 10% of all funds are set aside to benefit seniors and/or persons with disabilities. Many of these programs currently have, or will have, land use restrictions ranging from 15 years to 99 years depending upon the funding source requirements. A local funding source will allow for projects to receive “layered subsidies”, or multiple levels of assistance. The above list is not exhaustive, and the county commission by resolution may add or remove alternative affordable housing programs. It is recommended that the County reinstate its Housing Trust Fund. Stable Funding Sources The subcommittee focused its efforts on a variety of tools and methods to identify funding sources that are targeted to address Collier County identified needs. This subcommittee’s recommendations include: 1. Collier County’s HTF should be sustainable and predictable, given the long planning process involved in housing development. The county should keep in mind that what can make an HTF challenging is finding Collier County Community Housing Plan- 10/2/17 - Page 30 viable, stable, recurring revenue sources. Other jurisdictions have funded their trust funds through sales taxes, real estate transfer taxes, linkage fees as part of the zoning ordinance, mixed income housing in- lieu fees, condominium conversion fees or demolition fees, and hotel and motel taxes. It is recommended to implement the following strategies to support the need for future housing that is affordable, and to the extent possible, address the existing backlog. Figure 14. Recommended Funding Sources Strategy Potential Revenue Include as a priority for lobbyists on staff or under contract with Collier County that the legislature appropriate all the Sadowski state and local housing trust funds for Florida’s housing programs. $2M Annually Adopt a Linkage Fee for Non-Residential uses $1/SF = $2M/yr (based on 2017 projection) Adopt an in-lieu of fee or donation of land in lieu of constructing required workforce units under the mixed income housing requirement $127,000/unit = $1,270,000/yr est. Sale proceeds from donated or surplus land designated for affordable housing Cannot assess Develop philanthropy in the form of cash or land donations Cannot assess Continue with Tax Increment Financing (Bayshore CRA), and consider similar structures for other CRA’s TBD for a new CRA Public/Private Partnerships Cannot assess Community Foundation/ other non- profits Cannot assess Collier County Community Housing Plan- 10/2/17 - Page 31 Increase Funding from the Sadowski Act Fund One of the most highly recommended HTF funding sources is a real estate documentary stamp tax. However, in Florida, with the Sadowski Act Funding, this is already in use and not available for funding the local HTF. Instead, these funds are awarded to each county in the form of State Housing Initiatives Partnership (SHIP) funds based on an approved annual allocation. It is common knowledge that in most years, the state legislature does not fully allocate this funding, instead diverting some of it to meet other needs. The Local Housing Trust Fund already establishes a permanent source of local funding for affordable housing in Collier County, and is the single most effective source. However, legislation subjects this revenue to the appropriations process, which allows funds collected to be “swept” out of the trust fund and used for other purposes. For this reason, all of the revenue collected for affordable housing is not used for affordable housing. For example, of the $292.37 million in revenue available under a fully- funded scenario, only $137 million will be used for affordable housing programs. For Collier County, this means that of the $3.3 million allocation if fully-funded, the County will only receive $1.4 million. This is a significant shortfall in funding that otherwise would be and should be used to fund affordable housing. Therefore, to increase the ability to use this already established source, it is recommend increasing advocacy for full appropriation of the Sadowski Act trust funds. Non-Residential Linkage Fees Linkage fees “link” other forms of development with a community's needs for affordable housing. Linkage fees are typically charged to developers and then spent on affordable housing preservation or production through existing housing programs. Linkage fee ordinances are one way to leverage private markets to produce affordable housing, fund homeownership programs, or preserve existing affordable rental housing. Linkage fees help meet a housing need that may be produced when new development occurs. For instance, the development of an office or retail complex in an area will bring many employment opportunities to the area, including minimum wage jobs that may not pay enough so that a household can work and live in the same community – or even a nearby community that is connected to the workplace by affordable transit. Linkage fees, most Collier County Community Housing Plan- 10/2/17 - Page 32 often charged to developers on a square foot basis, can then supplement an affordable housing funding program that targets certain areas. Figure 15 Proposed Non-Residential Linkage Fee Ordinance – (see draft ordinance in Appendix Exhibit G) (A) APPLICABILITY. All new non-residential construction occurring within the unincorporated area of the County shall be subject to the Linkage Fee in this ordinance at the time of issuance of a Building Permit. This includes additions to and redevelopment of existing properties, and the commercial and industrial portions of planned unit and mixed-use developments. This excludes churches, government buildings, educational institutions and Towns and Villages in the Rural Lands Stewardship Area (RLSA) of eastern Collier County. Towns and villages will have their own housing affordability requirements in their overlay which will be determined by conducting an affordable housing needs assessment and providing the required housing within their community boundaries. (B) LINKAGE FEE AMOUNT. All new commercial and industrial construction occurring within the unincorporated area of the County shall pay a Linkage Fee of $ 1 per square foot, and in accordance with the following: 1. For phased developments, the Linkage Fee shall be computed only for the square feet of development covered by the specific Building Permit. 2. Any Person who, prior to the effective date of this ordinance, agreed in writing as a condition of development approval to pay fees related to the shortage of Affordable Housing shall be responsible for the payment of such fees under the terms of such NON-RESIDENTIAL PERMITS Example Linkage Fee Requirements/Revenue YEAR Permitted SqFt $0.50/ft $1.00/ft $3.00/ft 2014 667,850 333,925$ 667,850$ 2,003,550$ 2015 1,647,162 823,581$ 1,647,162$ 4,941,486$ 2016 731,456 365,728$ 731,456$ 2,194,368$ 2017 (1/2yr)958,352 479,176$ 958,352$ 2,875,056$ 2017 Projected 1,916,704 958,352$ 1,916,704$ 5,750,112$ 2014-2017 (Projected) Total 4,963,172 2,481,586$ 4,963,172$ 14,889,516$ Collier County Community Housing Plan- 10/2/17 - Page 33 agreement, and the payment of such fees by the Person will be offset against any Linkage Fees otherwise due under this ordinance at later stages of the development activity for which the fee was paid. Cities such as Jupiter, Winter Park and Coconut Creek have all implemented linkage fees in Florida. Commercial and high-end market rate residential development increase the need for employment of low wage workers who will be in need of affordable housing within the community. For example, in the San Francisco Bay area, one study shows that every high-tech job produces 4 other jobs across all income levels, including lower income jobs such as retail clerks and restaurant workers. A similar report shows that manufacturing jobs in Florida produce 2.5 additional jobs. High-end market rate residential development has a similar effect, in that residents of such development often demand services such as lawn care, maids, pool servicers and other lower-income jobs. Linkage fees are upheld by both federal and state law1. The legal basis of linkage fees is the two part Supreme Court test: • The nexus between what the government wants the landowner to do and a legitimate state interest. Nollan v. California Coastal Commission, 483 U.S. 825 (1987); and • The requirement on the private landowner must be related “in nature and extent to the impact of the proposed development.” Dolan v. City of Tigard, 512 U.S. 374 Linkage fees are generally charged on a per square foot basis. Rates in Florida vary from less than $1 per square foot to upwards of $35 per square foot. Linkage fees are set based on a balance between funding needed to meet a locality’s affordable needs and ensuring development remains financially feasible. A nexus study was completed for Collier County in 2006, which supports reasonable linkage fees ranging from $0.72 per square foot for residential to $43.46 per square foot for tourist properties. Fees are usually paid upfront at permitting. However, some localities allow payments to be made over time. Some also have allowable exceptions and exemptions for smaller developments or certain types of development. (Exhibit G) The basic steps to establish a linkage fee include: • Nexus and Feasibility Studies – in accordance with Nollan and Dolan, cities must first complete a nexus study to determine the actual impact of new development of various types on demand for Collier County Community Housing Plan- 10/2/17 - Page 34 affordable housing as well as the maximum feasible fees development types can support in light of existing fees and other factors. • Implementation Plan – determine how the fees will be used, who will administer the fees, timing and basis for adjustments to the fees, and any alternatives offered for paying the fees (including developers actually building the housing) • Adoption – Draft and adopt the actual ordinance and regulations for the fee. The ordinance and regulations should be reviewed annually, and revised as economic conditions changed. It is recommended that Collier County adopt a nominal linkage of $1 per square foot of non-residential development (in line with other Florida jurisdictions). It is also recommended that Collier County complete a linkage fee nexus study to establish the legal basis for the fee. Mixed Income In-lieu of fees Such fees are generally established by one of two methods: • Affordability Gap Method – This method sets the fee based in the difference in purchase price or rent between market rate and what would be affordable to the target income level for the mixed income housing ordinance. For example, if the market or median home price is $400,000, and the target affordable price is $200,000, then the in-lieu fee would be $200,000 per housing unit required under the ordinance. • Production Cost Method – This method sets the fee based on the cost for the public to produce an affordable housing unit. For example, if it costs the public $200,000 to produce a unit. The method used is dependent upon the desired outcome. If the desire is to encourage developers to build the affordable housing, then the fee should be set high to serve a deterrent from utilizing the option. However, if the goal is to raise funds to support other programs, then the fee should be set lower so as not to deter utilization of the option. Other considerations would be application of the in-lieu fee i.e. should it be the same for each developer (should developers of homes costing in the millions pay the same rate as developers of lower-priced homes), or should it vary by location (should developers building in downtown or redevelopment sites, where it costs more to produce units, pay the same rate as developers in greenfield locations on the fringes). We recommend use of the affordability gap method. The general policy goal of mixed income housing is to encourage the production of affordable housing within higher-income communities, so that the lower-income Collier County Community Housing Plan- 10/2/17 - Page 35 households can live in the communities where they work. The higher fees through the affordability gap method would tend to encourage production on site. However, the in-lieu fees generated would provide the level of funding needed to assist lower income buyers purchase homes or rent in those higher-income communities. (A) The mixed income requirements of the Mixed Income Housing ordinance may be satisfied by paying a $127,000/unit fee in lieu of developing the number of Units required. The fee for each unit is based on the affordability gap method. The total fee collected will be the per-unit fee for each unit type (for- sale or rental) times the number of units required under the mixed income housing ordinance. 1. The fees collected from these payments shall be deposited into the County’s Affordable Housing Trust Fund. 2. The fee shall be paid prior to the issuance of the first building permit for the residential development. 3. The method of determining the fee shall be reviewed periodically as necessary to ensure that the purposes and intent of this ordinance are met. (B) The Mixed Income Housing requirements of this ordinance may be satisfied by donating land within the County’s boundaries in unincorporated areas in lieu of developing the number of mixed income units required by the Mixed Income Housing ordinance. The proposed land to be donated shall be subject to the determination by the Board of County Commissioners that it is: 1. Suitable for development; 2. Equivalent in value to the applicable fee in lieu; 3. The value of the land shall be determined by one appraisal commissioned by the County and paid for by the developer; 4. The value of the land to be donated may alternatively be determined by relying on the purchase price of the land provided it has been the subject of a purchase by a bona fide purchaser for value within the past year; 5. The conveyance of the land to the County or Community Land Trust selected to administer the Workforce Housing Program on behalf of the County shall occur no later than at the time of application for a building permit. (C) In no case will any cash or land donations be returned to the developer, once such transaction is completed. It is recommended that Collier County accept Mixed Income Housing opt- out fees in the amount of $127,000 for each required unit not produced Collier County Community Housing Plan- 10/2/17 - Page 36 based on the “affordability gap” method (to be adjusted annually based on current data). (Exhibit D) Sale proceeds from donated or surplus land designated for affordable housing In 2006, the Florida Legislature enacted Section 125.379, Florida Statutes, wherein each county is tasked to triennially prepare an inventory list of all real property within its jurisdiction to which the county holds fee simple title that may be declared appropriate for use or sale for the benefit of affordable housing. The Board of County Commissioners must review the inventory list at a public hearing and revise it as they choose. Following the public hearing, the governing body must adopt a resolution that includes an inventory list of such property. The Statute provides possible options for appropriate usage of this property to benefit affordable housing. The property may be offered for sale and the proceeds, above any amounts reimbursed to County funds, are available for eligible uses. The land, or the proceeds from sale, may be used for one of the following activities: 1. Purchase land for the development of affordable housing. 2. Increase the Housing Trust Fund earmarked for affordable housing. 3. Sell with the restriction that requires the purchaser to develop affordable housing. 4. Donate to a nonprofit housing organization for construction of permanent affordable housing. 5. Make the property available for use for the production and preservation of permanent affordable housing. It is also viable that land may be donated to the County for purposes of housing that is affordable. If it is determined to sell that property, the proceeds would be added to the HTF. It is recommended that any residual sale proceeds from surplus property also be added to the Housing Trust Fund. Philanthropy in the form of cash or land donations Collier County is an affluent community and consequently it is appropriate to consider philanthropy as a revenue mechanism, be it in the form of cash or land. Collier would accept cash donations into the HTF, and accept land donations into the Community Land Trust for use as affordable housing, or make donated lands available for sale, placing the proceeds into the HTF. Collier County Community Housing Plan- 10/2/17 - Page 37 Collier would reserve the right to only accept lands that are unencumbered and appropriate for use in whole or in part for housing that is affordable. Collier would need to develop appropriate legal mechanisms and a method for creating documentation required by donors for tax purposes. It is recommended that that any cash or land donations for housing that is affordable be accepted by the county. Continue with Tax Increment Financing (Bayshore CRA), and consider similar structures for other CRA’s The Bayshore/Gateway Redevelopment Agency (CRA) was created by the Collier County Board of County Commissioners on March 14, 2000 by Resolution 2000-82. The total area comprises approximately 1,800 acres with a wide range of residential and commercial properties. Funding for the CRA comes from Tax Increment Finance (TIF). TIF is a portion of the property taxes generated above what was received by the County prior to the CRA being established and does not result in any additional tax to the resident. Bayshore/Gateway Redevelopment Plan was approved on June 13, 2000 by Resolution 2000-181 to address deteriorating physical and economic conditions then prevailing within Bayshore/Gateway Triangle area. This approach for raising revenue for housing that is affordable could use with other CRA’s. It is recommended that the County continue using CRA funds to correct deteriorating physical and economic conditions, including housing affordability issues, and adopt a TIF for any future new CRAs. Backlog There exists not only the need for future development of housing that is affordable, but also a need to alleviate an existing backlog of demand. Local property tax revenue can be used as a permanent source of funding for affordable housing. In most cases nationwide, property tax revenue for affordable housing is raised by an affordable housing levy. A successful example is the Seattle Affordable Housing Levy, which has raised over $388 million since its first approval in 1981. The most recent re-approval in 2016, which was approved by 68% of the vote, stands to raise as much as $290 million over the next seven years. However, levies are an additional tax subject to renewal by voters. Collier County Community Housing Plan- 10/2/17 - Page 38 Figure 16. Additional Revenue Sources Strategy Potential Revenue Include use of funds for affordable housing with potential Sales Tax referendum/program with funds allocated to a Housing Trust Fund annually. Undetermined Establish a certain percentage or dollar amount from ad valorem taxes to be allocated to a Housing Trust Fund annually. Undetermined It is recommended that, if the Board of County Commissioners desires to make a more profound impact on the back-log of housing affordability issues, to move forward with one or both of the funding sources identified in Figure 16 above. Funds allocated from the General Fund should be provided on a one-to-one match for funding collected through the non- residential linkage fee. These sources would serve to spread the response to housing affordability throughout the County, and not only on new development. Additional Housing Programs and Initiatives The County may provide funding for housing rehabilitation/sustainability assistance, preservation, homeownership assistance, rental assistance, and special needs housing opportunities for low to moderate income households. The County will utilize Federal, State, and local funding sources to conduct activities associated with all housing and programs and initiatives. The rules and regulations associated with each Federal, State, and local funding sources will govern the use of such funds and shall be in accordance, where appropriate, with the following documents: • Consolidated Plan and Annual Action Plan (CDBG, HOME, ESG); • Local Housing Assistance Plan (SHIP); and • Applicable Federal, State and Local Policy and Procedures Manual All planning and policy documents will be made available on the County’s website and at the offices of the Community and Human Services Division. The availability of funds for the programs will be advertised in a newspaper of general circulation within the County or Request for Proposals issued by the County. Current County programs fall under these primary categories: Homeownership, Rental Housing, Special Needs Housing, Housing Sustainability, Fair Housing and Accessibility. Many of these programs have Collier County Community Housing Plan- 10/2/17 - Page 39 a lien and/or land use restriction ranging from 15 years to 30 years in accordance with each programs guidelines and funding source requirements. A. Homeownership programs may include down payment assistance in the form of first or second mortgages, grants, sale of County owned property, donation of County owned property to eligible non-profits including CHDOs, financing to non-profit and for-profit developers for the construction of owner occupied units, and construction of single family homes. The County will also maintain programs that preserve homeownership including providing funding for the rehabilitation of owner occupied housing, promoting housing counseling and homeownership reservation initiatives. B. Rental Housing - Affordable rental assistance programs may include tenant based assistance, facility/project based assistance, security deposit and short-term rental assistance, financing to non-profit and for- profit developers for the construction of affordable rentals, donation of County owned property to eligible non-profits including CHDOs, and grants for new construction of affordable rental housing units. SHIP funds can be used to meet the SAIL local contribution requirement C. Special Needs Housing - The Community and Human Services Division of the County will ensure that all housing programs funded by the County include set-asides or priorities for special needs populations. Special needs populations include the homeless, veterans with a service connected disability, developmentally and physically disabled, and children aging out of foster care. Priority or set-aside may include units that serve specific special needs populations through access to support services and/or unit features that ensure accessibility. D. Housing Sustainability - The Community and Human Services Division will insure that funding priority and consideration will be given to housing construction projects that include “green” or sustainable features such as solar panels, rain water capture and storage, tank-less water heaters, high efficiently insulation and architectural features that enhance energy savings. Projects where a portion or all of the units are designated as smoke free will also be given priority consideration for funding. E. Fair Housing/ Accessibility - Any entity or individual receiving housing assistance or incentives through the County’s housing programs must comply with Title VI of the Civil Rights Act of 1964, Section 109 of the Housing and Community Development Act of 1974, Section 504 of the Rehabilitation Act of 1973, Title II of the Americans with Disabilities Act of Collier County Community Housing Plan- 10/2/17 - Page 40 1990, the Age Discrimination Act of 1975, Title IX of the Education Amendments Act of 1972, and the Architectural Barriers Act of 1968 when applicable. No entity or individual that receives housing assistance from Collier County may discriminate or deny access to housing on the basis of sexual orientation or gender identity. F. Disaster Housing Recovery – Historically, funding has been allocated to Collier County by the State and Federal governments in response to declared disasters. Collier County was awarded over $14 million in state and federal disaster funding for Hurricane Wilma. This funding was expended for the course of seven years following to repair and replace housing units destroyed by the storm. It is anticipated that Collier County will received significant disaster funding as a result of Hurricane Irma. Collier County also maintains a Disaster Housing Strategy that was approved by the BCC in July of 2010. This strategy details specific actions, coordination, and responsibilities that are implements in post disaster housing recovery. Figure 17. Chart of Existing Grant Resources Resource General Uses Annual Revenue (Est) HUD- CDBG Infrastructure, land acquisition, purchase assistance $1.5M HUD- HOME Construction or rehab of units $350,000 FHFC- SHIP Purchase assistance, rehab or new construction $1.5M Community Land Trust and Public Lands This Subcommittee recommends specific publicly owned properties to pursue for housing development and the creation of a Community Land Trust (CLT). 1. Establish a dedicated land trust administered by a non-profit entity (public-private partnership) A. Accept donations of land in-lieu of the Mixed Income Housing requirement. B. Hold land in perpetuity (99 yr land lease) for the development and preservation of affordable housing stock. Collier County Community Housing Plan- 10/2/17 - Page 41 C. Acquire land using in-lieu of fees or other stable funding sources (See attached Community Land Trust information in the Appendix) D. Provide initial funding in the amount of $100,000 for establishment and development of a new Community Land Trust in Collier County. 2. Identify sources of land and process for incorporating parcels into the land trust 3. It is recommended that the BCC continue its current public policy whereby any property considered surplus land (without a designated use or which the designated use is no longer needed) must first be offered to any public entity for a use that is a public benefit. If there is more than one entity interested, the County evaluates and weights the level of importance and need of the agencies and allocates the land to the highest and greatest uses. If there are no interested parties, the parcel is sold through open bidding or included in a RFP for development. 4. It is recommended that the BCC adopt a new public policy that places priority on affordable housing in all future public land acquisitions and encourages the co-location of housing and public facilities. Community Land Trusts for Collier County Under traditional homeownership subsidy programs, the subsidized home can be sold at the market appreciated sales price, with recapture of the original subsidy upon resale. Because of market appreciation, the recaptured subsidy is wholly inadequate for the local government to get another family into homeownership. The local government or other subsidy provider must then expend an even greater amount of subsidy to provide a homeownership opportunity to the next homebuyer. It is this massive drain on already depleted public resources which is driving local governments to increasingly explore the community land trust option. Using a community land trust (CLT) is a way to stop losing ground both figuratively and literally. The nonprofit CLT retains ownership of the land to remove this subsidized housing from the speculative market so that the homes remain permanently affordable. The CLT approach results in permanent nonprofit ownership of the land, which is leased to lower- income households, who receive assistance to buy homes developed on the CLT land. The CLT transfers title of the house to an income qualified buyer but retains title of the underlying land. By excluding the price of the land (which in some parts of Florida, dwarfs the costs of the improvements), and arranging additional subsidies (such as SHIP) to assist the buyer’s purchase of the house, the overall purchase price is made affordable and the monthly mortgage PITI payments are often more affordable than renting. CLTs also Using a community land trust (CLT) is a way to stop losing ground both figuratively and literally. Collier County Community Housing Plan- 10/2/17 - Page 42 provide an excellent source of rental housing, often time in single family homes, which are attractive to families with children or elderly parents. In return for the significant subsidies required to develop this affordable homeownership opportunity, the CLT imposes resale restrictions on the improvements through the 99-year ground lease, which ensures that the property will remain affordable in perpetuity. The owner of a CLT home is required to sell to a similarly qualified buyer at a restricted price, determined by a resale formula found in the ground lease. The typical ground lease mandates a resale price based on the homeowner’s down payment, plus the sum of principal payments made on the mortgage, and limits appreciation to one quarter of what appreciation would have been for the property if owned in fee simple. By dramatically limiting appreciation, CLT homes remain affordable to new homebuyers without the need for significant additional subsidies. (Exhibit H) Governance and Operations The typical community land trust board is made up of three groups in equal representation: • Resident members – CLT homeowners • General members – residents of the community that do not own CLT homes • Public members – those who represent the public interest). Public members can include elected officials, municipal staff, and/or representatives from other local nonprofits. Boards range in size from less than 10 to over 20. The size and makeup of the Board will depend upon the specific goals of the land trust and the makeup of the community. The size and election process of the Board will be included in the Bylaws. In most cases, CLTs operate as independent organizations. In the early stage, staff may be comprised completely of volunteers. However, eventually paid staff will be needed to carry out the day-to-day functions of the CLT and implement the direction of the Board. Most nonprofit organizations start with either an Executive Director or Administrator. Starting with an Executive Director is to look for someone with long-term managerial skills or the potential to develop them. Starting with an Administrator usually calls for someone with more limited yet important organizational skills to carry on certain tasks and responsibilities for the short term until an Executive Director can be hired. Ultimately, a basic staff should include at least 3 individuals: an Executive Director to provide overall leadership and represent the organization in the community (including elected officials, other nonprofits, realtors, lenders, etc.), a Counselor/Educator who works directly with homebuyers and/or renters, and an Administrative Assistant to support the entire operation. Collier County Community Housing Plan- 10/2/17 - Page 43 Community Land Trusts in Florida Community land trusts began to emerge in Florida in the early 2000s in response to the housing boom and rapid rise in purchase prices at that time. There is no enabling legislation required for community land trusts. They are Florida nonprofit organizations, usually with section 501(c)(3) IRS tax exemption approval. However, community land trusts should employ the assistance of attorneys experienced in corporate and real estate law for both start up and operations. Current Status Community land trusts are now well-established in Florida. The table below summarizes the current state of several of the state’s community land trusts: Figure 18. Land Trusts in Florida Community Land Trust Name: South Florida Community Land Trust Neighborhood Renaissance, Inc. Community Land Trust of Palm Beach County, Inc. Year Founded 2006 2005 2006 Geographic Area served Broward and Miami-Dade Counties West Palm Beach Palm Beach County Number of Staff 4 6 2 Number of Ownership Units 8 13 29 Number of Rental Units 55 80 82 Anticipated Growth over next two years (through 2019) At least 6 additional homeownership units 36 rental and 25 homeownership (deed restricted per local government program) 32 ownership units Commercial property ownership and plans None owned at this time, but considering co- working or office space for non-profits None within the land trust Owns a small commercial space within a rental community Annual budgets for these CLTs range from around $800,000 to $1.6 million. Funding sources include local government grants (HOME funds), foundation grants, ground lease fees, bank grants and lines of credit, membership fees Collier County Community Housing Plan- 10/2/17 - Page 44 and other charitable donations. It should be noted that of the three CLTs in the chart above, only one offers membership to the community and collects membership fees. With the resurgence of the housing market, the second wave of CLTs is developing in various communities throughout the state. Some communities are looking at regional community land trusts. The South Florida Community Land Trust stands to serve as the model for a regional CLT, with its expansion from Broward into Miami-Dade County. Also, the South Florida Community Land Trust Network serves as a model for regional CLT consortiums, as member organizations throughout south Florida are able to leverage resources to grow their individual footprints, expecting to reach a combined 374 units by the end of 2017. Recommendations for Collier County 1. A Community Land Trust in Collier County should be established to manage a proposed Mixed Income Housing Program established by ordinance, which includes mixed income and linkage fee requirements. 2. All donations of land in-lieu under the program would go to the Community Land Trust to hold in perpetuity for the development and preservation of a stock of housing that is affordable. 3. The Community Land Trust would also be responsible for monitoring compliance with the Mixed Income Housing Program ordinance, particularly adherence to restrictive covenants that require sale or lease of properties to income-eligible households at affordable prices. 4. Additionally, the County may decide to deed any surplus land suitable for affordable housing development to the Community Land Trust. 5. It is further recommended that the municipalities of the City of Naples and the City of Marco Island be encouraged to adopt similar initiatives or contribute themselves to the Community Land Trust. Public Lands Review Numerous meetings have been conducted at both staff and committee levels to review publicly owned lands where housing might be developed or co-located with government uses. The initial list of thousands of properties was reviewed and analyzed with these top four (4) properties being recommended for housing development through a Request for Proposal (RFP) process. Additional analysis for each site is available in Appendix Exhibit I. Collier County Community Housing Plan- 10/2/17 - Page 45 A. Bayshore CRA 17+ acre parcel is currently out for development proposals. Proposals were received on August 31, 2017. A Selection committee & CRA Board will review and make recommendations to the Board. B. Bembridge PUD - Public Utilities has performed a feasibility study to relocate Master Pump Station 313 from Countryside to the 5 acre Bembridge site. Public Utilities has the funds to reimburse Impact Fees for the parcel. Countryside was the original proposed site for MPS 313 expansion but the residents were opposed so the Bembridge site was offered as an alternative. Impact fee funds would need to be paid to acquire the parcel for housing. The Bembridge site was previously the subject of a workforce housing RFP Competition and extensive planning and design efforts have already been completed for the site. C. Randall Curve parcel is over 47 acres and was deeded to the County for use as a public park and has a Statutory Deed. With the development of a regional park in the area this site is not needed for a park. Mixed use development may be proposed for the site, of which housing that is affordable may be one component. D. Grey Oaks/Livingston Road parcel is 21 acres along the west side of Livingston Road and a part of the Grey Oaks PUD. The 21 acres owned by the County would need to be removed from the Grey Oaks PUD to be developed for housing. The site is central to jobs and employment centers. It is recommended that RFPs be developed for the construction of housing that is affordable on parcels B, C, & D above. Transportation Enhancements Transportation to and from employment centers in Collier, or outlying communities, puts a strain on the existing infrastructure based on the jobs- housing imbalance that exists in Southwest Florida. Currently, the average headway (the average interval of time between buses pausing at a given stop on a route) in Collier County is 1.5 hours, with the shortest headway at 45 minutes. For transit riders dependent on a bus service to get to work or to other services, the infrequency of the service can make transportation and access an increased difficulty. For riders who might have multiple stops or transfers, those headways can change what would be a short car ride into an all-morning or all evening commute. If directed effectively, however, the transit service can be an extraordinary asset for the Collier County workforce, potentially reducing the group’s commute and car ownership costs. According to the Federal Highway Collier County Community Housing Plan- 10/2/17 - Page 46 Administration (FHWA), the average American family spends 19 percent of its household budget on transportation. For families that are in transit-efficient locations, this cost decreases to 9 percent; for those in auto-dependent communities, it increases to 25 percent. Thus, transportation costs can directly add or subtract substantial funds from families’ household budgets, thereby increasing cost burdens or providing more flexibility in household budgets. Recommendation #1: Integrate Bus Routes with Affordable Housing Locations 1. Activity: Identify transportation corridors for multi-family development. 2. Activity: Implement park-and-ride systems. 3. Activity: Explore bus rapid transit and express service lines According to the Collier County MPO’s 2014 Pedestrian and Bicycle Safety Study—a complementary report to the 2012 Comprehensive Pathways Plan—a survey of 478 respondents resulted in 62 percent reporting that they had felt “threatened for personal safety during bicycling or walking trips.” For Collier County to reduce transportation road costs, effectively move the workforce across the community, and create healthy avenues for residents to engage in civic activities, this number must be mitigated and the recommendations of both studies should be advanced. The Comprehensive Pathways Plan is being updated, with completion anticipated in mid-2018. The draft recommends aligning new pathways construction (bicycle and pedestrian facilities) with transit routes, stops and transfer centers and identifies bicycle/pedestrian Safety Focus Areas based on crash statistics. Steps toward enhancing the use of transit, bicycling, and walking for at least a portion of daily trips should be encouraged. Recommendation #2: Enhance Bike Lane and Pedestrian Systems 1. Activity: Implement the Comprehensive Pathways Plan for the county 2. Activity: Enhance safety focusing on pedestrian and cyclist and vulnerable road users. With smart phone apps and online connectivity, fantastic and successful tools for ride sharing are available that can be conveniently and affordably accessed. The county should explore promoting such resources and working with nonprofits to promote convenient ride-sharing options for populations living in more suburban or remote areas, like the Estates, Ave Maria, or Immokalee. The New Orleans Regional Planning Commission sponsors one such rideshare platform, the New Orleans GreenRide, which uses a social media platform to connect riders and carpoolers. “…the workforce of Collier County needs a range of transportation options that align with and support a range of housing choices in a variety of areas.” –ULI Panel Report Collier County Community Housing Plan- 10/2/17 - Page 47 Recommendation #3: Ride Sharing Options for Enhanced Mobility 1. Activity: Create Ride-Sharing Option Collier Area Transit (CAT) is serving an increasingly vital need in the county as workforce demands intensify and traffic concerns grow. However, if the service is going to be able to keep up with the demands already placed on it, a critical element is that the service has a sustainable source of revenue it can leverage and depend on. Given the expenses of highways ($4.6 million per lane mile), prioritizing proactive investments in transit today could save the county significant funds in the future. In addition, given the growing bike and pedestrian needs of the county and the multitude of community benefits that those amenities provide, a revenue source should also be identified and provided for such additional capacity Recommendation #4: Revenue for Transit and Alternative Mobility 1. Activity: Establish Sustainable, Secure Revenue for Transit and Alternative Mobility. 2. Activity: Implement a Recurring Revenue Source (i.e.: Mobility Fee; MSTU; etc.) 3. Activity: Establish uniform standards to apply impact of development on Transit; Transit and other forms of alternative transportation are critical for many renters. Renters are more likely than other households to depend on transportation modes other than their own cars to reach work, shopping, and other activities. This is particularly true for seniors, the disabled and those with low incomes. Seven percent of Florida households have no vehicle at home. However, this number increases to 14 percent for renters and to 18 percent for renters with incomes between 30 and 60 percent of AMI. The share of no-vehicle households continues to increase for extremely low income renters, especially older households, until a majority of ELI (Extremely Low Income) renters over age 75 have no access to a vehicle at home. As Collier County’s population continues to age there will be an increased need for affordable rental housing with access to transit, paratransit, and other forms of alternative transportation. “Providing a more integrated network of mobility not only provides workforce access but also provides access to healthier lifestyles. In addition, with estimated road costs averaging 4.6 million per lane-mile, identifying proactive approaches that will reduce congestion and stress on roadways will save the county significant funds in the future.” - ULI Panel Report (pg 29) Collier County Community Housing Plan- 10/2/17 - Page 48 Communication and Outreach/Engagement The Communication and Engagement subcommittee has made recommendations to help educate the community on the need for and importance of housing that is affordable to a wide range of individuals and families that live and work in Collier County. There is a need to continue to communicate the need for more rental apartment availability…it appears that point can’t be stressed enough, particularly with millennial workforce. Their recommendations are: 1. Create an online, near-real-time updated Current Inventory of Affordable Housing Availability (purchase and rental) along with links to Information & Resources, outlining all available programs. 2. Recommend the County create an easy to find, one click “housing- focused” website briefly explaining and connecting currently available housing resources. Recommend that if the Commissioners don’t want to add staff that they contract with a 3rd party to keep up the website and provide a “human element” (“Housing Resource Specialist”) that focuses every day on helping citizens find housing solutions and opportunities. A. Develop & release an RFP (late fall 2017) for an agency to provide both a custom website and staffing to support the Housing One-Stop. The website development alone with the associated algorithms could cost close to $80,000, plus associated staff costs. B. Provide initial funding of $100,000 for development and nonprofit management 3. Develop a Marketing, PR & Communications Plan to continue to educate the community on who needs housing and is having trouble finding it; why do we need to address the situation; and what’s the impact of no action; and keep the public aware of efforts and impact. A. Educate residents and “change the narrative” to present affordable housing as a necessity and a shared public responsibility B. Create PSA’s, short videos and social media and other vehicles to continually educate the public on housing affordability issues. Show images of a nurse, teacher, bank manager, sheriff’s deputy, mid-level managers, etc. and explain that we need them, and they need housing that’s affordable. Images of the elderly and other working citizens. Have Dr. Weiss (nurses & healthcare), Dr. Patton (teachers) and Sheriff Rambosk (sheriff’s deputies) make brief video statements on Affordable housing is an essential part of every community’s infrastructure. It is one of the cornerstones to creating a healthy, vibrant and sustainable community. Collier County Community Housing Plan- 10/2/17 - Page 49 how housing challenges are beginning to impact their ability to recruit and keep staff, and that when those staff live outside our community, we lose their spending and their potential off-work contributions in our neighborhoods (coach, volunteer, youth leader, etc.). C. A marketing campaign involving surveying for baseline understanding, executing a marketing plan to raise awareness and understanding, and then post-marketing surveying to determine if we’ve moved the needle. The goal is to inform & encourage more citizens to feel more inclined to support such housing (Can I Be Your Neighbor? Yes in My Back Yard campaigns), and realize the benefit of being able to provide housing for a range of workforce needs that impact their lives and build community D. Begin a campaign to clarify what we mean by “affordable housing” and “workforce housing” – using both short videos and social media to define the issue and who it impacts. This effort could have a County component explaining the issue (not campaigning, but explaining), and a business component that would engage the private sector – for instance, engage the Chamber’s GAIN and Leadership Collier classes and alumni as the “face of workforce housing,” demonstrating the quality of our workforce members (who currently often can’t afford to live in Collier County). E. Plus, we need to show what 16-30 housing units per acre looks like, in terms of apartments, townhouses and homes. This seems to be a constant sticking point. Also, we learned how there will need to be more caregivers (the federal minimums are increasing) to take care of our aging (and increasingly income-constrained) population, yet we have a shortage of housing that would be affordable to caregiver staff. Can we assume they will live outside of Collier County and commute each day in large enough numbers to meet the demand? 4. Also consider solutions that don’t involve construction. For example, Hillsborough County offers assistance with down payments. Plus, some resort communities include connections to VRBO properties as an access to transitional housing that’s affordable (an owner may be willing to do a 1 year rental, at an overall lower price than the seasonal rate, but making the same amount of money as a 6-month rental). Anything that could be done to provide more awareness of properties that are already in existence. Collier County Community Housing Plan- 10/2/17 - Page 50 Most Critical Need and Combination of Strategies The need for affordable rental housing is one of the major challenges for our community. Businesses that are recruiting for professionals or those employers that hire seasonal health care or hospitality employees, have difficulty finding vacant rental units for their permanent relocation, or seasonal employment. Existing rental communities have a very low vacancy rate of 3%-4% which is insufficient to accommodate population growth or current residents in need of a new rental units. This current situation also imposes huge burdens on renters if units are taken out of service such as an apartment complex fire (Bear Creek, April 2017) or a natural disaster such as Hurricane Irma. The County currently administers some State & Federal grant programs that target rental housing. In the 1990’s and early 2000’s there were a number of apartment communities built utilizing programs including Low Income Housing Tax Credits (LIHTC), State Apartment Incentive Loan (SAIL) program, Federal Home Loan Bank Board funding and other resources. However, since the mid-2000’s we have not seen new rental apartment communities come online as the county’s population continues to grow. In addition, apartment communities built utilizing LIHTC and other programs regularly convert to market rate housing after the subsidies and use restrictions expire (30ys+/-). We have recently “lost” five apartment communities whose subsidies have expired and five more communities’ subsidies will expire between 2022-2028. Each apartment community that converts to market rate has the ability to impact 50 to over 250 households. To accommodate population and associated employment growth, many of the strategies proposed in this plan will help to increase the supply of much needed rental housing. These strategies include the Affordable Housing Density Bonus (AHDB), Mixed-Income Housing, Community Land Trust (CLT), Linkage Fees, local Housing Trust Fund (HTF), Impact Fee Discounts, and other programs. Many of these programs are intended to be layered to provide sufficient incentives for developers to build much needed rental housing. Utilizing the Affordable Housing Density Bonus program (AHDB), rental developments are built at higher multi-family densities. The Mixed Income Housing requirement will produce units at various income ranges to be included in market rate communities, with a set aside for seniors and special needs, or opt to build a housing development off-site. Funds in the local housing trust fund (HTF), including linkage fees, percent of sales tax/ad valorum, and donations, could be used to provide a local match to aid apartment developments competing for state and federal funding, thereby boosting their chances of award. In addition, rental developments could be built on land owned by a non-profit community land trust (CLT) which would result in long-term (99 years) affordability. Together, all of these programs, and others, will help the county increase the supply of rental housing that is affordable to accommodate its future population and employment growth. Collier County Community Housing Plan- 10/2/17 - Page 51 Closing the Gap In an effort to address the housing affordability crisis in Collier County, local government and the business community must partner to quickly implement some short term, medium, and long term initiatives. To paraphrase the ULI, now is the time for action. The future sustainability, livability, vibrancy, and quality of life of our community is at stake. The following table demonstrates how this plan addresses the current and future need for housing that is affordable for our workforce and low-income seniors and special needs populations. Figure 19. Housing Response Model Figure 18. Collier County Community Housing Plan- 10/2/17 - Page 52 Implementation Plan/Schedule The Community Housing Plan recommendations to be undertaken are: Immediate Action • Approve the Community Housing Plan • Adopt New Definition of Affordable Housing – Housing Affordability • Adopt new Housing Demand Methodology • Direct staff to advertise Mixed Income Housing Ordinance • Commission a nexus study and direct staff to advertise Linkage Fee Ordinance • Amend the Affordable Housing Density Bonus (AHDB) program • Reinstate the Housing Trust Fund and adopt funding sources • Advocate for full funding of the Sadowski Housing Trust Fund • Adopt a policy to address housing that is affordable in future public land acquisitions. • Prepare a Request for Proposal (RFP) making County owned sites available for housing development. • Adopt amended Impact Fee Relief program Short Term (1-3 Years) • Partner with a local nonprofit organization on the creation of a Community Land Trust and provide financial assistance of $100,000 for the first two years. • Create a concurrent zoning review/approval process to reduce the cost of affordable housing construction and expedite new housing • Develop a marketing & communications plan and expand educational programs including household budgeting • Update the Land Development Code to include new housing programs and definitions • Update the inventory of affordable housing units regularly • Fund the Housing Trust Fund (HTF) through local initiatives • Develop guidelines to require mixed income residential housing in activity centers • Adopt public policies regarding use of County owned land • Provide administrative approvals of certain affordable housing applications • Provide an increase in density in the Community Redevelopment Agency (CRA) areas and along transit corridors Collier County Community Housing Plan- 10/2/17 - Page 53 • Continuously review and monitor the LDC and Growth Management Plan to update and ensure the goal of increasing housing affordability is being met • Develop an administrative process for commercial to residential conversions • Build Developer Capacity • Build Housing Development Corporation Capacity Long Term (4-10 years) • Continue to conduct an annual review of the Housing Trust Fund (HTF) and report on expenditures and accomplishments • Review and adjust the mixed income housing, Linkage Fee, and Density Bonus programs as needed to balance the needs of residents, developers and the current market • Continue to monitor all housing initiatives to ensure that the goal of increased housing affordability is being met • Continuously review and monitor all affordable housing incentive programs to ensure they are on track and meeting goals • Continuously review and monitor the affordable housing inventory, marketing & communications plan, and other educational tools and programs to ensure the goal are being met