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Backup Documents 10/22/2019 Item #11I ORIGINAL DOCUMENTS CHECKLIST & ROUTING SLIP TO ACCOMPANY ALL ORIGINAL DOCUMENTS SENT TO 1 1 THE BOARD OF COUNTY COMMISSIONERS OFFICE FOR SIGNATURE Print on pink paper. Attach to original document. The completed routing slip and original documents are to be forwarded to the County Attorney Office at the time the item is placed on the agenda. All completed routing slips and original documents must be received in the County Attorney Office no later than Monday preceding the Board meeting. **NEW** ROUTING SLIP Complete routing lines#1 through#2 as appropriate for additional signatures,dates,and/or information needed. If the document is already complete with the exception of the Chairman's signature,draw a line through routing lines#1 through#2,complete the checklist,and forward to the County Attomey Office. Route to Addressee(s) (List in routing order) Office Initials Date 1. Cormac Giblin Community and Human CG L20 G102c Services d 2. County Attorney Office t (, C7c o� S 3. BCC Office Board of County t-'I Commissioners I ) k / ‘ 1/Z S 4. Minutes and Records Clerk of Courts Office f I6/:)-5 PRIMARY CONTACT INFORMATION Normally the primary contact is the person who created/prepared the Executive Summary. Primary contact information is needed in the event one of the addressees above,may need to contact staff for additional or missing information. Name of Primary Staff Cormac Giblin Phone Number 252-2399 Contact/ Department Agenda Date Item was 10/22/19 Agenda Item Number l 1I Approved by the BCC Type of Document Develo er Agreement Number of Original 1 Attached B. is Documents Attached PO number or account l K 0.d s 1 c7 r.p of number if document is to be recorded INSTRUCTIONS & CHECKLIST Initial the Yes column or mark"N/A" in the Not Applicable column,whichever is Yes N/A(Not appropriate. (Initial) Applicable) 1. Does the document require the chairman's original signature? N/A 2. Does the document need to be sent to another agency for additional signatures? If yes, NA provide the Contact Information(Name;Agency;Address;Phone)on an attached sheet. 3. Original document has been signed/initialed for legal sufficiency. (All documents to be CG signed by the Chairman,with the exception of most letters,must be reviewed and signed by the Office of the County Attorney. 4. All handwritten strike-through and revisions have been initialed by the County Attorney's NA Office and all other parties except the BCC Chairman and the Clerk to the Board 5. The Chairman's signature line date has been entered as the date of BCC approval of the CG document or the final negotiated contract date whichever is applicable. 6. "Sign here"tabs are placed on the appropriate pages indicating where the Chairman's CG signature and initials are required. 7. In most cases(some contracts are an exception),the original document and this routing slip NA should be provided to the County Attorney Office at the time the item is input into SIRE. Some documents are time sensitive and require forwarding to Tallahassee within a certain time frame or the BCC's actions are nullified. Be aware of your deadlines! 8. The document was approved by the BCC on 10/22/19 and all changes made during WAls no the meeting have been incorporated in the attached document. The County �/1\ ►* 1 Attorney's Office has reviewed the changes,if applicable. tt trte 9. Initials of attorney verifying that the attached document is the version approved by the BCC, all changes directed by the BCC have been made, and the document is ready for the a ?n for Chairman's signature. e- I:Forms/County Forms/BCC Forms/Original Documents Routing Slip WWS Original 9.03.04,Revised 1.26.05,Revised 2.24.05;Revised 11/30/12 Heidi Ashton i 1 I From: Martha S. Vergara <Martha.Vergara@collierclerk.com> Sent: Monday, June 2, 2025 1:48 PM To: Heidi Ashton Cc: Wanda Rodriguez; Cormac Giblin;Jennifer Belpedio; Kathynell Crotteau; Carrie Kurutz; Madison Bird Subject: RE: Ekos on Santa Barbara-Developer Agreement 10-22-19 It3em 111 Importance: High EXTERNAL EMAIL: This email is from an external source. Confirm this is a trusted sender and use extreme caution when opening attachments or clicking links. Hi Heidi, According to our records in Backup Documents that item was never received. So in order to process this document yes please send the pink routing sheet with the Developer Agreement (9 pgs w/1 map). It does look as though back then (2019) Teresa signed the Long-Term Ground Lease that was ratified in Item #16F1D. I will take care of the document myself once sent to our office. Thank you, a j a Martha Vergara Pc( te0 t � BMR &VAB Senior Clerk I °`kf Office: 239-252-7240 � S(\ Q I`) Li .20 g� Fax: 239-252-8408 a a r r E-mail: Martha.Vergara@CollierClerk.com J Office of the Clerk of the Circuit Court c (A- „ e/� ���r & Comptroller of Collier County ` � 3299 Tamiami Trail E, Suite #401 yZ 0C, , l l Naples, FL 34112 IJ gyp, www.CollierClerk.com CkIXI ( I tc)►,i n_t_ • From: Heidi Ashton <Heidi.Ashton@colliercountyfl.gov> Sent: Monday,June 2, 2025 12:30 PM To: Minutes and Records<MinutesandRecords@collierclerk.com> Cc: RodriguezWanda <Wanda.Rodriguez@colliercountyfl.gov>; GiblinCormac<Cormac.Giblin@colliercountyfl.gov>; BelpedioJennifer<Jennifer.Belpedio@colliercountyfl.gov>; CrotteauKathynell <Kathynell.Crotteau@colliercountyfl.gov>; Carrie Kurutz<Carrie.Kurutz@colliercountyfl.gov>; BirdMadison <Madison.Bird@colliercountyfl.gov> Subject: FW: Ekos on Santa Barbara-Developer Agreement 10-22-19 It3em 111 1 lii DEVELOPER AGREEMENT (BEMBRIDGE PROJECT) THIS DEVELOPER AGREEMENT (the "Agreement") is made as of the day of ct)be<2019, by and between McDowell Housing Partners, LLC, a Delaware limited liability company ("Developer") and Collier County, a political subdivision of the State of Florida (the "County"). RECITALS WHEREAS, On November 13, 2018, the Board of County Commissioners approved issuing a solicitation for interest to develop an approximately 5-acre tract of land for affordable housing. The parcel is more commonly described as the Bembridge PUD (Folio 00400246406). The legal description of such real property is attached hereto as Exhibit"A" (the "Property") WHEREAS, On March 7, 2019, Invitation to Negotiate (ITN) No. 19-7556 was opened on the Collier County Procurement Services Division Online Bidding System with the intent of obtaining proposals from interested and qualified vendors in accordance with the terms, conditions and specifications including minimum requirements to provide at least affordable 54 units of workforce housing for households earning between 30 — 140% of the Area Median Income with at least 10% of units identified for seniors, veterans and/or special needs populations. WHEREAS, in April 10, 2019, Developer submitted a timely response to ITN No. 19- 7556. The County received a total of 10 responses from interested developers. WHEREAS, On July 9, 2019, Developer was selected by the Board of Collier County Commissioners to enter negotiations for the development of the Property pursuant to solicitation ITN No. 19-7556; and WHEREAS, the County has agreed to, pursuant to Florida Statutes, Section 125.379, to lease the Property to Developer (or its successor and assigns), pursuant to that certain 99-year ground lease dated August 13, 2019 (the "Ground Lease") which is attached as Exhibit B, for development and use by Developer (defined below) to improve the Property, with such improvements to include, but not be limited to affordable residential rental units; and WHEREAS, Developer has applied and intends to apply for additional financing from Florida Housing Finance Corporation ("FHFC") under FHFC's competitive Request for Application process. WHEREAS, Developer and the County desire to memorialize the terms and conditions pursuant to which Developer will improve the Property, and the manner in which any related escrow account shall be established; and 1 liI NOW, THEREFORE, in consideration of mutual benefits and the public interest and other good and valuable considerations, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: Section 1. Recitals. 1.1 The above recitals are true and correct, are hereby incorporated herein by reference, and form a material part of this Agreement. All Exhibits and Developer's submission to ITN 19-7556 are hereby incorporated herein by reference and accordingly deemed a part of this Agreement. Section 2. Ownership. 2.1 Developer will form a single-purpose legal entity (the "Project Owner") to serve the applicant entity which will seek funding for FHFC. Section 3. Design and Construction; Timeline. 3.1 Developer plans to use the Property for construction of a three-story walk- up garden building, or a four-story elevator building, with at least 78 units (the "Project") with on grade parking. The units shall feature solid surface countertops; plywood cabinets; ceramic and/or luxury vinyl tile flooring; full-size energy star appliances including range, refrigerator microwave, and dishwasher; and LED lighting. Community amenities will consist of on-site management and maintenance; stand-alone clubhouse or multipurpose community room; swimming pool; fitness center; media/computer room; and outdoor tot lot. If the Project is designated a family demographic by FHFC it shall contain a mix of one-bedroom/one-bathroom, two-bedroom/ two-bathroom, and three bedrooms/two-bathroom units. If the Project is designated an elderly demographic by FHFC, and pursuant to Section 42 of the Internal Revenue Code, the Project shall contain a mix of one-bedroom/one- bathroom and two-bedrooms/two- bathroom units. 3.2 Developer agrees to cause the design, permitting, and construction of the Project to be completed at its sole cost and expense in accordance with those plans and specifications approved by the County. 3.3 Developer agrees that any improvements on the Property will only include the Project and not any commercial development or outdoor storage. 3.4 Upon approval of the plans, specifications, and permits by the authorities having jurisdiction over the Project (the "Governmental Authorities"), the Project Owner shall promptly construct the Project. In so doing, the Project Owner shall: (a) comply with the permits and all other applicable laws, approvals, codes and requirements of orders promulgated by all Governmental Authorities (the "Approvals"), (b) perform all work in a safe and workmanlike manner, and(c) ensure construction commences and is substantially complete in accordance with the Approvals. 2 CA° 111 3.5 Developer agrees to provide a timeline of the anticipated schedule for construction of the Project and will provide the County with any significant changes to such schedule consistent with Paragraph 5 of the Long Term Ground Lease. If the Developer fails to receive an allocation or is unable to secure funding within 24 months from the effective date of this agreement the County may exercise its option terminate this agreement. The above referenced deadlines may be extended at the discretion of the County Manager or designee up to six months in accordance with the Long Term Ground Lease. Section 4. Rent and Income Restrictions. 4.1 Developer commits to restrict the income of households earning to 30-120% of the area median income, as published annually by the U.S. Department of Housing and Urban Development ("HUD"). 4.2 Developer agrees to target and market at least 10% of units for seniors, veterans, or special needs populations. Section 5. Environmental Provisions. 5.1 Developer has inspected the Property, is familiar with the condition of the Property, including the underlying environmental conditions, and based on the foregoing, accepts such Property "as is" and with all faults, including those identified in any environmental report obtained by McDowell, an assumes all risks associated with pursuing the Project in accordance with this Lease and all applicable law. 5.2 Developer shall not (a) knowingly cause or permit the escape, disposal or release of any hazardous substances on the Property, or (b) knowingly allow the storage or use of such substances or materials in any manner not sanctioned by law or by the highest standards prevailing in the industry for the storage and use of such substances or materials on the Property, or (c) knowingly allow any such materials or substances to be brought onto the Property except to use in the ordinary course of Developer's business or by lessees of the residential units. Section 6. Utility Costs and Related Improvements. 6.1 The County will not be required to make improvements or incur any costs in connection with the development and maintenance of the residential Project, including roads, sidewalks, landscaping, storm water facilities, etc. All costs associated with any connectivity or upgraded service for water, sewer or other utilities for the benefit of the project, including any connectivity to Santa Barbara and related improvements, traffic signals, and the installation and costs of those improvements, if and when required, shall be at the sole cost and expense of Developer. Section 7. Performance of Development. 7.1 The Project will be constructed in a good and workmanlike manner and in compliance with all applicable laws, at Developer's sole cost and expense. The Project Owner shall be responsible for obtaining all governmental permits, licenses and approvals necessary for the construction of the Project. Developer shall be responsible for all applicable impact, 3 111 building, and utility connection fees imposed by any governmental authority, except for the governmental authority's ability to defer such fees, with respect to the Project and Developer's use thereof. Without limiting the foregoing, during any periods of construction, maintenance or repair of the Project, Developer will monitor all construction, maintenance and repair activity on the Property to ensure compliance with the requirements contained herein. Section 8. Performance Bond. 8.1 Developer shall furnish a payment and performance bond in form and substance satisfactory to the County in amount equal to one hundred percent (100%) of the construction costs for the Project as certified by Developer's engineer of record or general contractor, which shall be issued by a surety having a credit rating of"A" or higher. Section 9. Early Termination. The Developer shall deliver to the County the construction time line provided to the construction lender and the tax credit equity partner. Each month the Developer shall provide a construction progress certificate and if the construction schedule is 6 months or more behind the development schedule, the County may replace the Developer with another developer with the necessary experience to complete the Project, provided; however, before replacing the Developer, the County shall provide the construction lender and tax credit equity partner a reasonable period of time to complete the Project. Section 10. Assignment. County acknowledges under FHFC's Request of Applications, the Developer may be in form a single purpose entity ("SPE") applying for finding. Developer may assign this Developer Agreement without the prior written consent of the County to the SPE whose partner shall be an affiliate of Developer. Affiliate is herein defined as a single purpose legal entity controlled, through membership or general partnership interest, by Developer. Developer must provide written notice to County of any assignment to an Affiliate within thirty (30) days of such conveyance. Any purported assignment to a non-Affiliate without the express written consent of County shall be considered void from its inception. It is hereby acknowledged and agreed between the parties that all covenants, conditions, agreements, and undertakings contained in this Agreement shall extend to and be binding upon the respective assigns of the respective parties hereto. Section 11. Public Records. 11.1 Developer understands that by virtue of this Agreement all of its documents, records and materials of any kind, relating to the relationship created hereby, shall be open to the public for inspection in accordance with Florida law. If Developer will act on behalf of the County, as provided under section 119.011(2), Florida Statutes, Developer, subject to the terms of section 287.058(1)(c), Florida Statutes, and any other applicable legal and equitable remedies, shall: 4 C�� 111 11.2 (A) Keep and maintain public records required by the County to perform the service. (B) Upon request from the County's custodian of public records, provide the County with a copy of the requested records or allow the records to be inspected or copied within a reasonable time at a cost that does not exceed the cost provided by Florida law. (C) Ensure that public records that are exempt or confidential and exempt from public records disclosure requirements are not disclosed except as authorized by law for the duration of the contract term and following completion of the contract if Developer does not transfer the records to the County. (D) IF DEVELOPER HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO DEVELOPER'S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT: Collier County Board of County Commissioners Communication and Customer Relations Division 3299 Tamiami Trail East Suite 102 Naples, FL 34112 (239) 252-8069 PublicRecordRequestAcolliercountyfl.gov Section 12. Miscellaneous. (A) Entire Agreement. This Agreement sets forth all of the promises, covenants, agreements, conditions and understandings between the parties hereto, and supersedes all prior and contemporaneous agreements, understandings, inducements or conditions, express or implied, oral or written, except as herein contained. (B) Pronouns. All pronouns and any variations thereof shall be deemed to refer to the masculine, feminine and neuter, singular or plural, as the identity of the party or parties,personal representatives, successors or assigns may require. (C) Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which shall together constitute one-in-the-same instrument. (D) Governing Law; Venue. This Agreement shall be construed and interpreted according to the laws of the State of Florida, and all duly adopted ordinances, 5 C 1 1 I regulations, and policies of the County now in effect and those hereinafter adopted. The location for settlement of any and all claims, controversies, or disputes, arising out of or relating to any part of this Agreement, or any breach hereof, shall be Collier County, Florida. (E) Binding Effect. This Agreement shall be binding upon and enforceable by and against the parties hereto and their beneficiaries, heirs, successors and assigns and shall be deemed to "run with the land." This Agreement shall also inure to the benefit of both parties hereto and their respective beneficiaries, heirs, successors and assigns. (F) Recordation. This Agreement may be recorded by Developer in the Public Records of Collier County, Florida, and successors, heirs and assigns of Developer, including but not limited to builders or developers, shall be bound by the terms of this Agreement, and shall likewise be entitled to its benefits. (G) Notice. Any notice to be given shall be in writing and shall be sent by certified mail, return receipt requested, to the party being noticed at the following addresses: If to the County: Collier County Procurement 3295 Tamiami Trail East Naples, Florida 34112 and: Collier County Community and Human Services 3339 Tamiami Trail East #21 I Naples, Florida 34112 Attention: Director with a copy to: County Attorney's Office Collier County 3299 Tamiami Trail East, Suite 800 Naples, Florida 34112 Attention: The County Attorney If to Developer: McDowell Housing Partners LLC 601 Brickell Key Drive, Suite 700 Miami, FL 33131 Attention: Chris Shear 6 C 111 with a copy to: Nelson Mullins Broad and Cassel 390 North Orange Avenue, Suite 1400 Orlando, Florida 32801 Attention: Roman Petra, Esq. (H) Cooperation. The County and Developer each covenant and agree to mutually cooperate with one another in good faith, and to execute and deliver such other or additional documents and instruments as may be reasonably requested in order to effectuate the agreements set forth herein. (I) Effective Date. This Agreement shall become effective upon the date the last of the parties to this Agreement executes this Agreement (the "Effective Date"). (J) Conflicts. If and to the extent there is a conflict between the terms and conditions of this Annexation agreement and the terms and conditions of any staff reports or summaries or letters of approval related to or pertaining to Developer Property, the terms and conditions of this Agreement shall control. [Signature Pages Follow] 7 cAo 111 IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year below their respective signatures. Signed, sealed and delivered McDowell Housing Partners, LLC In the presence of: 1 1 %' l ievm 1064 By: r ______ Name: ( > S 1 0 r1r` Ft^u'"►� t i Date: is/till Print d 3Qme ____up:2_ NoInnni 2CPCdCi Printed Name STATE OF FLORIDA COUNTY OF The foregoin instrument was acknowledged before me this V.:',.1-day of V, 2019, by r``' 1 as the T of McDowell Housing Partners LLC, a Delaware limited liability company, who is _ _ personally known to me or _ _ who produced , as identification. _.,. ,Zt.— (Notary. stamp/seal) Notary PubliQ My Commission Number: My Commission expires: �""""• CHERYL CHALAS .'r -A.vs Notary Public - State of Florida ' '' *• E Commission # GG 035993 1 +F-%,4.- My Comm. Expires Oct 23,2020 Bonded through National Notary Assn i11 Collier County, a political subdivision of the State of Florida ATTEST I CRYSTAL K,KiZE ,CLERK By: AC4.111/Cirelhara...Name: bue-4 • aw,d.crS BX: ; Date: b--6- z 5 c11,, 4' `', Attest as to Chairman's signature only Approved as to form and legality (14 f.,1) saistant County Attorney cps)) C 111 EXHIBIT A PROPERTY LEGAL DESCRIPTION NB9'30'52'E 60.00' / { I Nc� POINT OF / J i COMMENCEMENT s§ NEST I/4 CCANER •,. ;q,�' IT Of SEc11Ck1 4 I 343,42' POINT OF 1 'k IfEGINNING 0 WEST TUNE Or I THE SW 1/4 I Cr srCTON 4-, - _yeh ^ t V r a u 4i O,11 ACRES. 4/— 11Oo CR N z Y $ 1.4. _ 569'40'03"R 40.09' 0 ,r LEGEND: 1 R/w -RIGHTCr-WAY 1,-, S89.4908 N 300.65' x DESCRIPTION: iA PARCEL Oz.LAMO LOCATED IN SECTION 4, IOVISH:P 50 SOUTH.RANCC 26 EAST, COLLIER COUNTY, • r O DA AND DONS MORE PARTCI.ABLY OESCRIOED As rcLLOWS: R, COUVENCE Al THE *S51 O.IARIER CORNER Cr SECTION 4. 10'MYSNIP 50 SO11114,RANGE 26 EAST, g COU.14 COUNTY, 11.CFNDA; THENCE N.119.36'571. 00.00 FEET 10 1141 EAST R3cHt OF WAY ME OF i SANTA BARBARA BOULEVARD; THENCE SA014'52.E.ALONG SAID EAST ftCHT OF WAY UNE 120.00 FEET L 10 NE POINT OF DEONINoNO; 1HENCC N.09.36'S7T. 343.47 FEET; THENCE S.001)012'E. 060.C4 FLEET; r. THENCE S.69.43'06'W. .100.65 TILT; T1tINOF N,0014'52'W. 81,70 1l.l T; TIII NGI. S.69.40'O, *. 40.00 1 FEET; THENCE NCO'14'52'W. 527.16 FEEF TO 141 PONT CF DECtNt.`-VG 4' CO,YTAIWN0 222,399 SQUARE FEET CR 5.11 ACRES,V03E CR LESS. NOTES; C Ett'TI1'1(,A'1'10N: 1. THIS IS NOT A SURAT. _ 2.BEARINGS ARE BASED ON THE WEST No•.,E. Spa+Par t/»FI•r„40042) LINE OF THE SOUTHWEST QUARTER or WoI. iIa al Inns Snnn}er Florloe Cal lcote No. b365 SECTION A, AS BEIN'C N. 00'14'52' W. 3. 5Ul.ECT TO EASEMENTS,RESERVATCNS pole 5''9ned: AND RESTRICTIONS Of RCCG?D Not aloe m., ost too itp,otvre and In4 010°1 roleee .5 4e41 of a FIe1'do licensed Sarrerm and Vo,Per J35U SIAR00167 COURT 1 \; k,'Ni RATITES,flORIQA 34112 SMCF;ICI I ANT)DESCRIPTION �'` I PVONC (2391 434-0333 rm OM 414-9320 N". .kc.+o ru«x W5i 4u1 ENGINEERING E.O. f642 6 C.O. 1642 WOW JXL4147e.e1J t4-H-e4 I 1•_100'J 1 Er 1 Collier CountyBoard of County Commissioners Bembridge Developer Agreement Approve a developer agreement with McDowell Housing Partners, LLC, for Invitation to Negotiate No. 19-7556, “Bembridge PUD Affordable Housing Land Development” Cormac Giblin, AICP Housing, Grant Development & Operations Manager Collier County Community and Human Services Division October 22, 2019 ULI and Community Housing Plan Policy Recommendation Use Publicly Owned Land Implemented through Resolution No.2018-39, Approved February 27, 2018 2 Property Location Map 3 Bembridge PUD 5.11 Acres adjacent to EMS station Fronts Calusa Park Elementary school Can develop up to 16 units/ac Public Utilities Interested in Pump Station Re -Location on southeren1.27 acres 4 Prior Board Direction On July 9, 2019, each of the three (3) finalist firms made a presentation to the Board of County Commissioners Board directed staff to begin negotiations with the top-ranked firm (McDowell Housing Partners, LLC), in order to bring back a developer agreement for Board approval. On September 10, 2019 the Board ratified approval of a Long- Term Ground Lease of the Bembridge property with McDowell Housing Partners, LLC. 5 McDowell Housing Partners, LLC Has developed, owned and operated over 45,000 apartment units across the Country and 2,000 units in Florida since 2004; the majority are workforce and affordable housing. Proposes an 82-unit rental development serving clients with incomes between 30%-80% AMI ($25,750-$62,650 for a family of four (4)). The apartment buildings will be three (3) stories and contain amenities such as a pool, clubhouse, shuffleboard, and playground. McDowell has additionally agreed to a minimum 10% set aside for seniors, veterans, and/or special needs population. 6 Conceptual Bubble Plan-Bembridge 7 Residential Development Area –3.84 acres Utilities Pump Station Area –1.27 acres McDowell Housing Partners Proposal 8 Conceptual Design Recommendation Approve a developer agreement with McDowell Housing Partners, LLC, for Invitation to Negotiate No. 19-7556,“Bembridge PUD Affordable Housing Land Development” 9 Collier CountyBoard of County Commissioners Local Housing Trust Fund Approve the guidelines, criteria, annual work plan, associated policy, and Resolution for the local affordable housing trust fund and authorize implementation of the program. Cormac Giblin, AICP Housing, Grant Development & Operations Manager Collier County Community and Human Services Division October 22, 2019 Prior Board Direction ULI and Community Housing Plan Policy Recommendation Create a Local Housing Trust Fund Implemented through Resolution No.2018-82, Approved April 24, 2018 11 Purpose of Local Housing Trust Fund Per Resolution 2018-82 Implement the goals, objectives and policies of the Community Wide Housing Plan, and the Collier County Comprehensive Plan Specifically meet the housing needs of those earning less than 140% of AMI, to include seniors, persons with disabilities, and any other identified underserved market Provide for a range of rental and homeownership opportunities for those who presently cannot afford to rent or purchase a home, or who are cost burdened in so doing Provide incentives to developers to create additional rental and for sale units, and to consumers so they may be able to afford rental or purchase opportunities 12 Purpose of Local Housing Trust Fund Per Resolution 2018-82 Awards from the Fund shall be made 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 13 Local Housing Trust Fund: Development of Criteria Per Resolution 2018-82 AHAC, along with CHS staff shall develop criteria for evaluating the mix of very -low - income, low-income, moderate-income, gap-income housing in a project to qualify for award Criteria based on the Community Housing Plan and the Housing Element of the GMP Established by policy of the Board of County Commissioners, and may be amended from time to time by the BCC Provide for a covenant running with the land to ensure the continued affordable affordability No less than 10% of the fund balance is to be set aside for projects benefitting seniors and/or persons or families with special needs 14 Local Housing Trust Fund: Uses of Funding Per Resolution 2018-82 Programs for which funds may be used include the following: 1)Down Payment Assistance 2)Impact Fee Relief 3)Land Acquisition 4)Construction Loans 5)Community Land Trust 6)Preserve Existing Affordable Housing Supply 7)Rental Assistance 8)Local Contribution for Tax Credit or SAIL applications 15 The County Commission may add or remove alternative affordable housing programs. Ten percent (10%) of all funds are set aside to benefit seniors and/or persons or families with special needs. Local Housing Trust Fund: Funding Approval and Annual Workplan Per Resolution 2018-82 Projects funded through the Local Housing Trust Fund will include an application process, underwriting standards, and loan or grant documents guaranteeing affordability periods An annual workplan will be developed for BCC approval with an estimated balance of funds to award along with categories and programs recommended Awards will be presented for approval to the Affordable Housing Advisory Committee and then to the BCC for approval 16 Local Housing Trust Fund: Funding Streams and Current Balance Per Resolution 2018-82 Proceeds from the sale of County surplus property Repayments of Affordable Housing Density Bonus units Donations And any other defined revenue streams AHAC recommends that the Board continue to explore long-term recurring and reliable revenue sources for the Local Housing Trust Fund 17 Current Local Housing Trust Fund Balance = $164,800.86 Local Housing Trust Fund Annual Work Plan ACTION STEPS WHAT-Deliverable/Content WHEN -Frequency Housing Trust Fund Work Plan Present HTF Work Plan & funding allocation to BCC for approval Annually (October- November) Application cycle advertised Public Notice Annually (December) Advertised application cycle Formal, competitive application Annually (Jan –Feb) Applications reviewed, evaluated, ranked Review submitted applications against published criteria Annually -Spring (March) AHAC presentation Review Cmte Recommendations Annually Spring (April –May) BCC presentation HTF Award Recommendations Annually Spring-Summer (May-July) Enter into contractual agreement with awardees Formal agreement between County and awardee Annually (September- October) Implementation-Compliance Monitoring Review for progress, accomplishments, compliance On-going monthly/quarterly Financial Compliance Review for fiscal compliance On-going monthly/quarterly Annual HTF Progress Report Deliver annual report to the BCC on expenditures & accomplishments Annually (October- November) 18 Recommendation: 19 Approve the guidelines, criteria, annual work plan, associated policy, and Resolution for the local affordable housing trust fund and authorize implementation of the program. Collier CountyBoard of County Commissioners Community Land Trust 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, AICP Housing, Grant Development & Operations Manager Collier County Community and Human Services Division October 22, 2019 ULI and Community Housing Plan Policy Recommendation Create a Community Land Trust 21 Direct staff to create a Community Land Trust in Collier as a legal mechanism for pursuing a partnership with a local nonprofit with the mission of ensuring housing opportunities remain affordable for perpetuity. Prior Board Direction On April 24, 2018 the Board directed staff to move forward with the creation of a community land trust pursuant to the Community Housing Plan, and approved a funding allocation of $100,000 over two (2) years to cover start-up costs Funding was made available with the approval of the 2019-2020 County Budget Request for Proposal (RFP) No. 19-7577 released on April 5, 2019 12,862 vendors viewed Deadline extended from May 7, 2019 to May 21, 2019 Fifty-three (53) interested vendors downloaded solicitation package One (1) proposal from H.E.L.P. received by the May 21, 2019 deadline Selection committee convened August 19, 2019 Committee recommends awarding H.E.L.P. the contract for the establishment of a non-profit community land trust.22 Community Land Trust 23 Legal Structure/ Policy Buy, donate, use trust fund/grant funding Not-for-profit partner Build Homes/Apartments Hold in Perpetuity Community Land Trust Overview Permanent nonprofit ownership of the land, or land lease Units sold or rented to income qualified households with the land remaining in CLT ownership under 99-year land lease Nonprofit retains ownership of the land reducing the housing costs and the unit remains permanently affordable By excluding the price of the land, the overall purchase price and the monthly mortgage (PITI) or rental payments are made affordable 24 Community Land Trust: Scope of Services 25 Organization will be responsible for the establishment of a Collier County Community Land Trust (CLT) including: File initial articles of incorporation Adopt by-laws Recruit of initial Board Establish financial accounts Research grant and funding opportunities for land acquisition and development, Recruit building partners to assist with development Oversee preliminary Board meetings designed for the program creation All operating and administrative activities related to this Agreement Community Land Trust: Deliverables 26 Quarterly Deliverables: Quarterly report outlining the activities performed during the quarter period Copies of official Board meeting minute Quarterly invoice requesting payment Final Deliverables: Final report on the CLT outcomes to-date, status, sustainability, and next steps Evidence of received 501(c)3 status for the CLT Evidence of separate Financial Accounts Management of at least 1 parcel in the CLT Recommendation 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. 27