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Resolution 2006-269 RESOLUTION NO. 2006- 269 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, AMENDING THE LOCAL HOUSING ASSISTANCE PLAN FOR FISCAL YEARS 2004-2005, 2005-2006, AND 2006-2007, AS REQUIRED BY THE FLORIDA STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAM; INCREASING THE PURCHASE PRICE LIMIT; ADDING NEW DEFINITIONS; UPDATING HOUSING STRATEGIES; ADDING NEW INCENTIVE STRATEGIES; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Florida State Legislature enacted the William E. Sadowski Affordable Housing Act on July 7, 1992 (the "Act"), Section 420.907, et seq., Florida Statutes, and Chapter 91-37, Florida Administrative Code, as a comprehensive funding package for state and local housing programs to better enable local governments to meet their responsibilities for affordable housing in accordance with their comprehensive plans; and WHEREAS, pursuant to the Act, the State will allocate a portion of new and existing documentary stamp taxes on deeds to local governments for development and maintenance of affordable housing; and WHEREAS, the Board of County Commissioners of Collier County, Florida, enacted Collier County Ordinance No. 93-19 on April 13, 1993, codified as Article III of Chapter 114 of the Collier County Code of Laws and Ordinances, known as the Collier County Housing Initiatives Partnership (SHIP) Program; and WHEREAS, through Resolution No. 2004-155, the Board of County Commissioners adopted a three year Local Housing Assistance Plan (LHAP) outlining the intended use of SHIP funds for fiscal years 2004-2005, 2005-2006, and 2006-2007; and WHEREAS, recently adopted House Bill 1363 requires that certain changes must be made to Local Housing Assistance Plans; and WHEREAS, increased median sales prices III the housing market in Collier County have outpaced the current LHAP program's ability to function in this market, requiring an increase in the program's purchase price limit if Collier County is to continue to assist low income buyers in purchasing homes in this area; and WHEREAS, Collier County is updating its strategies in order to be more effective in the current housing market; and Page 1 of2 WHEREAS, definitions are being added to include the various median income limits as defined by Housing and Urban Development (HUD). NOW, THEREFORE, be it resolved by the Board of County Commissioners of Collier County, Florida, that the Collier County and City of Naples, FL State Housing Initiatives Partnership (SHIP) Program Local Housing Assistance Plan (LHAP) for the State of Florida Fiscal Years 2004/2005, 2005/2006, and 2006/2007, a copy of which is attached to this Resolution, is hereby amended as set forth in such attachment, which amendments include the following provisions: 1. The maximum sales price for SHIP Funds under the Local Housing Assistance Program has been increased from $254,250 to $300,000 per unit. 2. Section I (P) has been added to include the definitions of Essential Services Personnel, Extremely Low Income, Very Low Income, Low Income, Moderate Income, Program Income and Recaptured Funds. 3. Housing Strategies have been updated to reflect the changing needs of the community. 4. Incentive Strategies have been added to reflect current policies that pertain to affordable housing. 5. The Housing Delivery Goals Chart of the 2005-2007 LHAP has been updated to reflect the new strategies and changes to current strategies. BE IT FURTHER RESOLVED that this Resolution shall become effective immediately upon its approval, and that it be recorded in the minutes ofthis Board. This Resolution adopted after motion, second and majority vote this 10th day of October, 2006. ATTEST: DWIG T E. B~K:' C~ERK. /_ \ y:LU~~LL'ld A( AtU'l" U "'~ lerk 'h~lltv(" \.~ 1 .' BOARD OF ~~ISSIONERS COLLIER CO T 0 A ,--'- .~ -~~ .--- :;....~ --"" By:" ~ FRANK HALAS, CHAIRMAN and sufficiency: Klatzkow Assistant County Attorney Page 2 of2 .1 () E COLLIER COUNTY and CITY of NAPLES, FL STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAM LOCAL HOUSING ASSISTANCE PLAN (LHAP) For the State of Florida Fiscal Years 2004/2005, 2005/2006, and 2006/2007 ~e~) 9&:1.0-- ,~C) ..--- Collier County Operational Support and Housing Department Community Development and Environmental Services Division 2800 North Horseshoe Drive Naples, FL 34104 Phone (239) 403-2330 . Fax (239) 403-2331 www.collier.netIOSH - 1 - Underlined text added; strike tmough text is deleted ~. I. PROGRAM DESCRIPTION Chapter 67-37.005 FAC. and Section 420.9072, F.S. A. Name of the participating local government and Interlocal if Applicable: Sectioll 420.9072(5),F.S. Collier County. Interlocal : Yes X No Name of participating local govemment(s) in the Interlocal Agreement; City of Naples. A copy of the Interlocal Agreement is attached as Exhibit H. B. Purpose of the program: Section 420.9072, F.S. and Chapter 67-37.005(3), F.A.C. Creation ofthe Plan is for the purpose of meeting the housing needs of the very low, low and moderate income households, to expand production of and preserve affordable housing, to further the housing element of the Collier County comprehensive plan specific to affordable housing. C. Fiscal years covered by the Plan: Chapter 67-37. 002,F.A. C. L 2004/2005 L 2005/2006 L 2006/2007 D. Governance: Chapter 67-37. 005(3)alld(5)(i)FA. C. alld Section 420. 9071 (I4)FS The SHIP Program is established in accordance with Section 420.907-9079, Florida Statutes and Chapter 67-37.007 Florida Administrative Code. The SHIP Program does further the housing element of the Collier County Comprehensive Plan. E. Local Housing Partnership Section 420. 90 72(1)(a), FS SHIP Program encourages building active partnerships between government, lenders, builders and developers, real estate professionals, advocates for low-income persons and community groups. Some of the active partners in Collier County are: Collier County Banking Partnership Collier County University of Florida Extension Service Habitat for Humanity of Collier County The Saint Matthews House Emergency Shelter The Saint Matthews House Wolf Apartments Transitional Living Center - 2 - Underlined text added; strike through text is deleted C.., ~!J J () Fe Collier County Housing Authority Collier County Hunger and Homeless Coalition Catholic Charities of Collier County Collier County Housing Development Corporation Collier County Loan Consortium Shelter for Abused Women and Children Empowemlent Alliance of Southwest Florida F. Leveraging: Chapter 67-37.007(1J(bJ(c), FAC. and Ssection 420. 90 75(l)(a) and (l}(b3, and (/J(c), FS The Plans are This plan is intended to increase the availability of affordable residential units by combining local resources and cost saving measures into a local housing partnership and using public and private funds to reduce the cost of housing. SHIP funds may be leveraged with or used to supplement other Florida Housing Finance Corporation programs and to provide local match to obtain federal housing grants or programs. G. Public Input: Chapter 67-37.005(3), FA.C. Public input was solicited through face to face meetings with housing providers, social service providers, public advisory committees, local lenders and neighborhood associations. Public input was solicited through the local newspaper in the advertising of the Local Housing Assistance Plan and the Notice of Funding Availability. H. Advertising and Outreach Chapter 67-37.005(6J(a), FAC. The county or eligible municipality or its administrative representative Collier County shall advertise the notice of funding availability in a newspaper of general circulation and periodicals serving ethnic and diverse neighborhoods, at least 30 days before the beginning of the application period. Ifno funding is available due to a waiting list, no notice of funding availability is required. I. Discrimination: Section 420.9075(3)( c), FS. In accordance with the provisions of ss. 760.20-760.3 7, it is unlawful to discriminate on the basis ofrace, creed, religion, color, age, sex, marital status, familial status, national origin, or handicap in the award application process for eligible housing. J. Support Services and Counseling: Chapter 67-37.005(5J(g),FAC Support services are available from various sources. Available support services may include but are not limited to: Homeownership Counseling (Pre and Post), Credit Counseling, Tenant Counseling and Transportation. K. Purchase Price Limits: Section 420.9075(4)(c), F.S. and Chapter67-37.007(6)F.A.C. Purchase Price Limits: The sales price or value of new or existing eligible housing may not exceed 90% of the average area purchase price in the statistical area in which the eligible housing is located. Such average area purchase price may be that calculated for -3- Underlined text added; strike tmough text is deleted ~; U" j ~. c any 12-month period beginning not earlier than the fourth calendar year prior to the year in which the award occurs. The sales price of new and existing units, which can be lower but may not exceed 90% ofthe median average area purchase price established by the U.S. Treasury Department or as described above. The methodology used by Collier County (local government) is: X Bond Study Numbers provided by Florida Housing Finance Corporation _ Independent Study (copy attached) x: U.S. Treasury Department The purchase price limit for: No',',' Homes: $254,250 Existing Homes: $254,250 Maximum Allowable Sales Price* $414,861.30 90% of Average Sales Price for Collier County Maximum Adopted Sales Price $300,000.00 65% of Average Sales Price for Collier County *Based on the 2006 Bond Study as provided by Florida Housing Finance Corporation. L. Income Limits, Rent Limits and Affordability: Chapter 67-37. 005 (5J(e) , FA.C .and Section 420.9071(2), FS. The Income and Rent Limits used in the SHIP Program are updated annually from the Department of Housing and Urban Development and distributed by Florida Housing Finance Corporation. Affordable means that monthly rents or mortgage payments including taxes and insurance do not exceed 30 percent of that amount which represents the percentage of the median annual gross income for the households as indicated in Sections 420.9071 (19), (20) and (28), F.S. However it is not the intent to limit an individual household's ability to devote more than 30% of its income for housing, and housing for which a household devotes more than 30% of its income shall be deemed Affordable if the first institutional mortgage lender is satisfied that the household can afford mortgage payments in excess of the 30% benchmark and in the case of rental housing does not exceed those rental limits adjusted for bedroom size. M. Wages to Work: Chapter 67-37.005(6)(b)(7)FAC Should an eligible sponsor be used, Collier County has developed a qualification system and selection criteria for applications for Awards to eligible sponsors, which includes a description that demonstrates how eligible sponsors that employed personnel from the WAGES and Workforce Development Initiatives programs will be given preference in the selection process. N. Monitoring and First Right of Refusal: Section 420. 90 75 (3)(e) and (4) (fj, FS In the case of rental housing, the staff or entity that has administrative authority for -4- Underlined text added; strike through text is deleted \"; implementing the local housing assistance plan assisting rental developments shall annually monitor and determine tenant eligibility or, to the extent another governmental entity provides the same monitoring and determination, a municipality, county or local housing financing authority may rely on such monitoring and determination of tenant eligibility. However, any loan or grant in the original amount of$3,000 or less shall not be subject to these annual monitoring and determination of tenant eligibility requirements. Tenant eligibility will be monitored for at least annually for 15 years or the term of assistance which ever is longer unless as specified above. Eligible sponsors that offer rental housing for sale before 15 years or that have remaining mortgages funded under this program must give a first right of refusal to eligible nonprofit organizations for purchase at the current market value for continued occupancy by eligible persons. O. Administrative Budget: Chapter 67-37.005(6)(/)3, FA.C.. A detailed listing including line-item budget of proposed Administrative is attached as Exhibit A. These are presented on an annual basis for each State fiscal year submitted. The Collier County Board of County Commissioners finds that the moneys deposited in the local housing assistance trust fund shall be used to administer and implement the local housing assistance plan. The cost of administering the plan may not exceed 5 percent of the local housing distribution moneys and program income deposited into the trust fund. A county or an eligible municipality may not exceed the 5 percent limitation on administrative costs, unless its governing body finds, by resolution, that 5 percent of the local housing distribution plus 5 percent of program income is insufficient to adequately pay the necessary costs of administering the local housing assistance plan. The cost of administering the program may not exceed 10 percent ofthe local housing distribution plus 5% ofprogram income deposited into the trust fund, except that small counties, as defined in s. 120.52(17), and eligible municipalities receiving a local housing distribution of up to $350,000 may use up to 10 percent of program income for administrative costs. Collier County has adopted the above findings in the attached resolution, Exhibit E. P. Definitions: Essential Service Personnel (ESP): Those individuals employed in the community as teachers, educators, other school district employees, community college and university employees, police and fire personnel, health care personnel, skilled building trades personnel, government employees, and employees associated with health, safety and welfare agencies within the county earning up to 140% of median and all other full time employees earning less than 80% of median income. -5- Underlined text added; strike through text is deleted Extremely Low Income (ELI): Individuals or a family whose total annual household income does not exceed 30% of the median annual adjusted gross income for Collier County as provided annually by HUD and/or the Florida Housing Finance Corporation. Very Low Income (VLI): Individuals or a family whose total annual household income does not exceed 50% ofthe median annual adjusted gross income for Collier County as provided annually by HUD and/or the Florida Housing Finance Low Income (LI): Individuals or a family whose total annual household income does not exceed 80%.ofthe median annual adjusted gross income for Collier County as provided annually by HUD and/or the Florida Housing Finance Corporation. Moderate Income (MI): Individuals or a family whose total annual household income does not exceed 120% of the median annual adjusted grOSS income for Collier County as provided annually by HUD and/or the Florida Housing Finance Program Income: The proceeds derived from interest earned on or investment ofthe local housing distribution and other funds deposited into the local housing assistance trust fund, proceeds from loan repayments, recycled funds and all other income derived from use of funds deposited in the local housing assistance trust fund. Recaptured Funds: The funds that are recouped by a county or eligible municipality in accordance with the recapture provisions of its local housing assistance plan pursuant to s. 420.9075(4)(g) from eligible persons or eligible sponsors who default on the terms of a grant award or loan award II. LHAP HOUSING STRATEGIES: Chapter 67-37.005(5), F.A.C. A. Name of Strategy: Purchase Assistance a. Summary of the Strategy: The Purchase Assistance Program assists first-time homebuyers by paying a portion of their down payment and closing cost expenses. Funds may also be used to cover a portion of permitting fees or impact fees due on new construction. Buyers of existing units are also eligible for -6- Underlined text added; strike tmough text is deleted c;.~ ,; l'! l' ,~' ..I1.,l additional emergency repair to the unit purchased. The program provides second mortgages to eligible applicants to assist in the purchase (and repair if applicable) of new or existing single-family homes, duplexes, condominiums, townhouses, or DCA approved manufactured homes. b. Fiscal Years Covered: This strategy will be funded during State Fiscal Years 2005,2006, and 2007. c. Income Categories to be served: Purchase assistance will be available only to low and very-low income applicants. d. Maximum award as noted on the Housing Delivery Goals Charts: $50,000 per unit. e. Terms, Recapture and Default: Terms of Repayment: All purchase assistance loans will be secured by second mortgages. The interest rate on the loans will be 0%. No payment will be required until the property is sold, transferred, refinanced, or is no longer the primary residence ofthe homebuyer. At that time the balance of the loan will be recaptured. repaid to Collier County. Repaid funds are considered program income, a portion of which may be used for program administration. f. Recipient Selection Criteria: Applications will be taken on a first-come / first- served basis from all applicants meeting the following selection criteria: The applicant must be a first-time homebuyer. A first-time homebuyer is defined as anyone of the following: not having ownership interest in a home during the past three years, a single parent with children under the age of 18 who has recently been divorced and displaced, a displaced victim of domestic violence, or a person displaced as the result of some governmental action. The home to be purchased must be located within the boundaries of Collier County, FL. The applicant must be pre-approved by the lender providing the first mortgage for the purchase. The purchase price of the home may not exceed the maximum sales price allowed in Collier County by the SHIP Program. g. Addi tional Information: The purchase assistance program will partner the use of SHIP funds with private sector first mortgages to provide homeownership opportunities to low and very-low income first-time homebuyers in Collier County. - 7 - Underlined text added; strike through text is deleted B. Name of the Strategy: Rehabilitation: Owner-Occupied a. Summary ofthe Strategy: The housing Rehabilitation: Owner-Occupied program assists very-low and low income homeowners by providing loans to pay for necessary repairs. All identified repair work must include the correction of housing code violations and/ or deferred maintenance. b. Fiscal Years Covered: This strategy will be funded during state fiscal years 2005,2006, and 2007. c. Income Categories to be served: This program will assist elliy very-low and low income homeowners. d. Maximum award is noted on the Housing Delivery Goals Charts: $15,000 per uni 1. e. Terms, Recapture and Default: Terms ofRepavment: All loans will be secured by a second mortgage payable to the County. The interest rate on the loans will be 0%. Loans will be forgiven at a rate of 33.3% every five years. No payment will be required until the property is sold, transferred, or is no longer the primary residence of the homebuyer. At that time the balance of the loan will be recaptured. repaid to Collier County. Repaid funds are considered program income, a portion of which may be used for program administration. f. Recipient Selection Criteria: Applications will be taken on a first-come/ first served basis. Loans will be given to elliy very-low and low income homeowners. The appraised value of the home must not exceed the maximum sales price allowed in Collier County by the SHIP Program. g. Additional Information: In cases where the cost of repair exceeds the maximum award available to the borrower SHIP funds will be leveraged by the homeowner's own funds, CDBG funds, HOME funds, or other alternative sources. C. Name of the Strategy: Land Acquisition a. Summary of the Strategy: The land acquisition program is designed to facilitate the acquisition of vacant land which will be developed for affordable housing opportunities by offering loans to non-profit housing providers to acquire such land. +he Collier County financial "^~dministration and Housing Department may also use this program to purchase land to be used for affordable housing. -8- Underlined text added; strike through text is deleted .1 fl. L l;. b. Fiscal Years Covered: This strategy will be funded in State fiscal Years 2005, 2006, and 2007. c. Income Categories to be served: The eventual beneficiary must be low or very- low income, and be selected on a first come, first served basis. d. Maximum award is noted on the Housing Delivery Goals Charts: $5,000 per shall not exceed $25,000 per unit. e. Terms, Recapture and Default: Terms of Repayment: Land acquisition program funds will be made available by loans secured by a second mortgage placed on the property acquired. Loans will be given for a maximum term of20 years with an interest rate of 0%. Yearly payments will be required until the property is sold, transferred, or is no longer used to provide housing for low and/or very-low income individuals. At that time the balance of the loan will be recaptured. repaid to Collier County. Repaid funds are considered program income, a portion of which may be used for program administration. f. Recipient Selection Criteria: A non-profit housing provider wishing to receive land acquisition with new construction funds will be evaluated competitively on the following criteria: Financial strength of the agency The ability of the developer to complete the development with within the established timelines The capacity of the developer The affordability ofthe product produced Neighborhood compatibility of the development Number of units produced per SHIP dollar spent Leveraging of SHIP funds with other sources Preference will be given to organizations participating in the Wages to Work program. g. Additional Information: The SHIP funds used in the land acquisition program will be leveraged by several public and private sources. The non-profit agencies receiving these loans will be constructing housing units on the land acquired with funding secured elsewhere in the public and private sector. D. Name of the Strategy: Demolition with New Construction -9- Underlined text added; strike tmough text is deleted a. Summary of the Strategy: Through the demolition '.vith new construction program low and ','ery low income homeO\,vners of substandard housing, A nonprofit housing provider may receive a deferred payment loan to pay for the demolition and replacement of substandard housing found not to be cost effective or possible to rehabilitate tifH-ts for low and very-low income homeowners. The construction of a new home or installation of a modular home built to DCA code will occur after demolition and clearance. b. Fiscal Years Covered: This strategy will be funded during State Fiscal Years 2005,2006, and 2007. c. Income Categories to be served: Participants in this program must be low or very-low income. d. Maximum award is noted on the Housing Delivery Goals Charts: $5,000 per ffili.t.:- Deferred payment loan for demolition, clearance and construction shall not exceed $250,000. e. Terms, Recapture and Default: Terms of Repayment: All loans will be secured by a second mortgage payable to the County. The interest rate on the loans will be 0%. No pa)TI1ent will be required until the property is sold, transferred, or is no longer the primary residence of the homebuyer. l.t that time the balance of the loan '.'(ill be recaptured. Repayment will occur when the property is sold or transferred to the qualifying buyer. Repaid funds are considered program income. a portion of which may be used for program administration. f. Recipient Selection Criteria: A non-profit housing provider wishing to receive land acquisition with new construction funds will be evaluated competitively on the following criteria: Financial strength of the agency The ability of the developer to complete the development with within the established timelines The capacity ofthe developer The affordability of the product produced Neighborhood compatibility of the development Number of units produced per SHIP dollar spent Leveraging of SHIP funds with other sources Preference will be given to organizations participating in the Wages to Work program. - 10- Underlined text added; strike through text is deleted (') 1:," '~- ..'~ g. Additional Information: In cases where the cost of demolition and construction exceeds the maximum award available to the bon"ower SHIP funds used in the strategy will be leveraged by the homeowner's own funds. SHIP funds will also be leveraged by the homeowner's new first mortgage when the new home is built. Recipients ofloans from this strategy may also qualify for SHIP purchase assistance program. E. Name of the Strategy: Special Needs Housing a. Summary of the Strategy: Through the special needs housing strategy down payment, land acquisition, or development assistance loans may be awarded to non-profit organizations serving special needs clients for the purchase or development of homes, apartments, or land. b. Fiscal Years Covered: This strategy will be funded during State Fiscal Years 2005,2006, and 2007. c. Income Categories to be served: The eventual beneficiary must be low or very- low income, and be selected on a first come first served basis. d. Maximum award is noted on the Housing Delivery Goals Charts: $3,000/unit Shall not exceed $25,000 per unit. e. Terms, Recapture and Default: Terms of Repayment: Special needs housing funds will be made available by loans secured by a second mortgage placed on the property acquired. Loans will be given for a maximum term of20 years. The interest rate on loans will range from 0% to 5%, and will be based on factors including: need of the organization, the organization's ability to repay, and non- profit or profit status ofthe organization. Yearly payments will be required until the property is sold, transferred, or is no longer used to provide housing for low and/or very-low income individuals. At that time the balance of the loan will be recaptured. repaid to Collier County. Repaid funds are considered program income, a portion of which may be used for program administration. Rental g ynits will be monitored for a period of 15 years per Rule Chapter 67- 37.005(6)(c) of the Florida Administrative Code. Resale and First Right of Refusal for Affordable Housing will be given to Eligible Sponsors as noted in Section 420.9075 (4)(f) Florida Statues. f. Recipient Selection Criteria: A non-profit housing provider wishing to receive special needs housing funds will be evaluated competitively on the following - 11 - Underlined text added; strike tmough text is deleted !" \ criteria: Financial strength of the agency The ability of the developer to complete the development with the established timelines The capacity of the developer The affordability of the product produced Neighborhood compatibility of the development Number of units produced per SHIP dollar spent Leveraging of SHIP funds with other sources g. Additional Information: The SHIP funds used in the special needs housing program will be leveraged by several public and private sources. The non-profit agencies receiving these loans will be constructing housing units on the lands with funding secured elsewhere in the public and private sector. F. Name of the Strategy: Housing Rehabilitation: Rental a. Summary ofthe Strategy: The housing rehabilitation: rental program assists non- profit housing providers by providing loans to pay for necessary repairs. All identified repair work will include the correction of housing code violations and/ or deferred maintenance. b. Fiscal Years Covered: This strategy will be funded during state fiscal years 2005, 2006, and 2007. c. Income Categories to be served: This program will assist only non-profit housing providers who provide housing to low and/or very-low income tenants on a first come, first served basis. d. Maximum award is noted on the Housing Delivery Goals Charts: $3,000/unit. $15,000 per unit. e. Terms, Rocapture and Default: Terms of Repayment: All loans will be secured by a second mortgage payable to the County. Loans will be given for a maximum term of20 years. The interest rate on loans will range from 0% to 5%, and will be based on factors including: need of the organization, the organization's ability to repay, and non-profit or profit status of the organization. Yearly payments will be required until the property is sold, transferred, or is no longer used to provide housing for low and/or very-low income individuals. At that time the balance of the loan will be recapturod. repaid to Collier County. -12 - Underlined text added; strike through text is deleted ); 0 L Repaid funds are considered program income, a portion of which may be used for program administration. Units will be monitored for a period of 15 years per Rule Chapter 67- 37.005(6)(c) of the Florida Administrative Code. Resale and First Right of Refusal for Affordable Housing will be given to Eligible Sponsors as noted in Section 420.9075 (4)(f) Florida Statues. f. Recipient Selection Criteria: A non-profit housing provider wishing to receive rehabilitation-rental funds will be evaluated competitively on the following: Financial strength of the agency Ability of the developer to complete the development with the established timelines The capacity of the developer The affordability of the product produced Neighborhood compatibility of the development Number of units produced per SHIP dollar spent Leveraging of SHIP funds with other sources Preference will be given to organizations participating in the Wages to Work program. g. ,\dditional Information: 8HIP funds will be leveraged by the non profit housing provider receiving the loan at a I to 2 ratio. For every $1 of8HIP funds used the non profit housing provider must contribute $2. G. Name of the Strategy: Disaster Relief a. Summary of the Strategy: The disaster relief program provides assistance to households following a natural disaster as declared by the President of the United States or Governor of the State of Florida. This strategy will only be implemented in the event of a natural disaster using any funds that have not yet been encumbered or additional disaster funds issued by Florida Housing Finance Corporation. SHIP disaster funds may be used for repairs sustained as a result of a natural disaster and payment of insurance deductibles for rehabilitation of homes covered under homeowners insurance policies. offers loans to low and very lovl income homoo'.vners '.vhose homes need repair to correct life threatening, health and safety defects after a natural disaster. Corrections ...vill also be made in order to alleviate exposure to natural environmental elements. b. Fiscal Years Covered: This strategy will be funded for State Fiscal Years 2005, 2006, and 2007. -13 - Underlined text added; strike through text is deleted r"~. . c. Income Categories to be served: All recipients in this program must be low or very- low income. d. Maximum award is noted on the Housing Delivery Goals Charts: $5,000 per ffili.t..:-$15,000 per unit. e. Terms, Recapture and Default: Tenus of Repayment: All loans will be secured by a second mortgage payable to the County. The interest rate on the loans will be 0%. No payment will be required until the property is sold, transferred, refinanced, or is no longer the primary residence of the homebuyer. At that time the balance of the loan will be recaptured. repaid to Collier County. Repaid funds are considered program income, a portion of which may be used for program administration. f. Recipient Selection Criteria: Applications will be taken on a first-come/ first served basis. Loans will be given to only moderate, low and very-low income homeowners. The appraised value of the home must not exceed the maximum sales price allowed in Collier County by the SHIP Program. All units assisted must have life threatening, health and/or safety defects. Corrections '....ill also be made in order to alleviate exposure to natural environmental elements. g. Additional Information: In cases where the cost ofrepair exceeds the maximum award available to the borrower SHIP funds will be leveraged by the homeowner's own funds. Repair may also be leveraged by homeowner's insurance, the homeowner's first mortgage, and any equity amassed in the home. H. Name of the Strategy: Relocation Assistance Proeram a. Summary of the Strategy: Through the relocation assistance strategy. persons who have lost affordable housing due to the closure of a mobile home park or the conversion of affordable rental units to condominiums. will be eligible to receive a one time relocation assistance grant through this strategy. Grants may be used to fund relocation expenses such as down payment. deposits, first and last month's rents. utilities and rental assistance. b. Fiscal Years Covered: This strategy will be funded for State Fiscal Years 2005. 2006. and 2007. A cost sharing agreement shall be pursued between the County and any developer needing County approval to move forward with plans that will result in the loss of affordable housing. - 14 - Underlined text added; strike tmough text is deleted ;;(JE c. Income Categories to be served: All recipients in this program must be very-low mcome. d. Maximum award is noted on the Housing Delivery Goals Charts: $3,000 per family e. Terms ofRepavment: All funds provided to eligible households will be in the form of a grant and not subject to recapture. f. Recipient Selection Criteria: Applications will be taken on a first-come/ first served basis to persons who have lost affordable housing due to the closure of a mobile home park or the conversion of affordable rental units to condominiums. III. LHAP INCENTIVE STRATEGIES Section 420.9071(16), FS. A. Name of the Strategy: Expedited Permitting Permits as defined in s. 163.3164(7) and (8) for affordable housing projects are expedited to a greater degree than other projects. a. Established policy and procedures: Collier County Resolution No. 2004 _ 2005-408 adopted April 27tfl, 2004 November 29, 2005, speeds the rezone, approval, and permitting of developments for affordable housing. B. Name of the Strategy: Ongoing Review Process An ongoing process for review oflocal policies, ordinances, regulations and plan provisions that increase the cost of housing prior to their adoption. a. Established policy and procedures: The executive summary system used by the Collier County Board of County Commissioners serves as a process for an going review of items seeking Board action that may affect affordable housing. Every County Ordinance, Resolution, Contract, Bid, Award, Agreement, and Policy must have an executive summary attached which is reviewed as to its effect on affordable housing. C. Name of the Stratet!v: Affordable Housing Definition Definition as defined in the Collier County Land Development Code Section 1.08.02. a. Established policy and procedures: Housing, affordable-workforce: means residential dwelling units within a - 15 - Underlined text added; strike through text is deleted 1- monthly rent or monthly mortgage payment, including property taxes and insurance, not in excess of 1/12 of 30 percent of an amount which represents a range of median adiusted gross annual income (median income) for households as published annually by the U.S. Department of Housing and Urban Development within the Naples Metropolitan Statistical Area (MSA) (See Section 2.05.02), specifically including the following subsets: Rental workforce housing less than 50 percent of median income, otherwise considered to be "very low income". Rental workforce housing from 51 percent-60 percent of median income, otherwise considered to be "low income". Owner occupied workforce housing less than 50 percent of median income, otherwise considered to be "very low income". Owner occupied workforce housing 51 percent-60 percent of median income, otherwise considered to be "low income". Owner occupied workforce housing 61 percent-80 percent of median income, otherwise considered to be "low income". Owner occupied gap housing: 81 percent-I 50 percent of median income. The term affordable housing is specifically intended to include affordable- workforce housing. D. Name of the Stratel!V: Impact Fee Deferrals for Affordable Housing a. Established policy and procedures: Collier County Ordinance No. 2005-40, as amended, adopted July 26, 2005 allows for the deferral of impact fees for affordable housing. E. Name of the Stratel!V: Increased Density Levels The process in which a developer may request increased density by including a certain percentage of affordable housing in the mix of the community. a. Established policy and procedures: A Density Bonus Agreement must be entered into and approved by the Board of County Commissioners as provided for in the Collier County Land Development Code Section 2.06.00. F. Name of the Strategy: Preparation of a Printed Inventory of Locally Owned Public Lands Suitable for Affordable Housing. Process by which the County prepares a list of County owned properties that are - 16- Underlined text added; strike through text is deleted suitable for affordable housing. !(J~ ...~ a. Established policy and procedures: At least every three years, Collier County will prepare and adopt by Resolution an inventory list of all real property it owns within its jurisdiction that is appropriate for use as affordable housing. IV. EXHIBITS: A. Administrative Budget for each fiscal year covered in the Plan. Exhibit A. B. Timeline for Encumbrance and Expenditure: Chapter 67-37.005(6)(d) and (f) FA.C. A separate timeline for each fiscal year covered in this plan is attached as Exhibit B. Program funds will be encumbered by June 30 one year following the end of the applicable state fiscal year. Program funds will be fully expended within 24 months of the end ofthe applicable State fiscal year. C. Housing Delivery Goals Chart (HDGC) For Each Fiscal Year Covered in the Plan: Chapter 67-37.005), F.A.C. Completed HDGC for each fiscal year is attached as Exhibit C. D. Certification Page: Chapter 67-37.005(7), FA.C. Signed Certification is attached as Exhibit D. E. Adopting Resolution: Section 420.9072(2)(6)2, FS Original signed, dated, witnessed or attested adopting resolution is attached as Exhibit E. F. Program Information Sheet: Completed program information sheet is attached as Exhibit F. G. Ordinance: Section 420.9072(3J(a), FS If changed from the original ordinance, a copy is attached as Exhibit G. - N/A H. Interlocal Agreement: Section 420.9072, FS A copy of the Interlocal Agreement is attached as Exhibit H. EXHIBIT A- ADMINISTRATIVE BUDGET A. The responsible entity for administration of this program is the Collier County financial Administration and Housing Department. The F AH Director shall have the authority to fully -17- Underlined text added; strike tmough text is deleted administer the SHIP program within the constraints of this plan. B. The Collier County Financial Administration and Housing Department will use 10% of the SHIP funds for the administration of the program. C. Breakdown ofthe administrative budget for the Collier County SHIP program State-Fiscal Years 2005, 2006, & 2007 is as follows: Salaries & Benefits Supplies Training Advertising 'Professional Services Other Equipment Office Rent! Utilities FY2005 $146,000 $ 5,000 $ 2,500 $ 500 $ 35,000 $ 3,000 $ 20,000 TOTAL $212,000 FY2006 $146,000 $ 5,000 $ 2,500 $ 500 $ 35,000 $ 3,000 $ 20,000 $212,000 - 18 - FY2007 $146,000 $ 5,000 $ 2,500 $ 500 $ 35,000 $ 3,000 $ 20,000 $212,000 Underlined text added; strike through text is deleted