Agenda 12/14/2021 Item #16D15 (BA for the CC Local housing trust Fund)12/14/2021
EXECUTIVE SUMMARY
Recommendation to authorize a Budget Amendment recognizing $320,000 of carry forward
revenue for deposit to the Collier County Local Housing Trust Fund (116) received as a result of a
payment made pursuant to a development commitment. (Fiscal Impact $320,000)
OBJECTIVE: To continue to promote housing that is affordable throughout Collier County.
CONSIDERATIONS: On March 9, 2021, the Board of County Commissioners (Board) approved
Agenda Item #17D which included, inter alia, an amendment to RPUD PL20190001364, that imposed as
a condition of Board approval, that the Owner shall make a repayment of $320,000 to the Collier County
Local Housing Trust Fund. The County had previously provided grant funds in exchange for the
construction of thirty-two (32) affordable units, as such the developer opted to not include these units in
the development. Therefore, remittance was required no less than thirty (30) days after the zoning appeal
period closed or thirty (30) days after the Owner prevailed in an appeal. On May 17, 2021, Community
and Human Services received payment in the amount of $320,000 from KHD Development Corp.
Resolution 18-82, which established the Local Affordable Housing Trust Fund, declared a valid public
purpose in accepting funds for affordable housing and that such funds may be in the form of donations as
well as other defined revenue as determined by the Board. The revenue recognized through this Budget
Amendment will be used in compliance with Resolutions 18-82 and 19-207 to fund eligible expenses
pursuant to the Collier County Local Housing Trust Fund Guidelines.
FISCAL IMPACT: A Budget Amendment is necessary to recognize carry forward revenue received in
the amount of $320,000 in the Affordable Housing Trust Fund (116), Project Number 50137.
Type of Revenue
Amount
10% Admin
Program
Income
$320,000
$32,000
$288,000
Total
$320,000
$32,000
$288,000
LEGAL CONSIDERATIONS: This Item is approved for form and legality and requires a majority vote
for Board approval. -JAB
GROWTH MANAGEMENT IMPACT: Acceptance of this Budget Amendment, and direction on a
work plan and policy will further the Goals, Objectives, and Policies within the Housing Element of the
Growth Management Plan.
RECOMMENDATION: To authorize a Budget Amendment recognizing $320,000 of carry forward
revenue for deposit to the Collier County Local Housing Trust Fund (116) received as a result of a
payment made pursuant to a development commitment.
Prepared By: Jacob LaRow, Housing, Grant and Operations Manager, Community and Human Services
Division
Packet Pg. 1908
16.D.15
12/14/2021
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.D.15
Doe ID: 20599
Item Summary: Recommendation to authorize a Budget Amendment recognizing $320,000 of
carry forward revenue for deposit to the Collier County Local Housing Trust Fund (116) received as a
result of a payment made pursuant to a development commitment.
Meeting Date: 12/14/2021
Prepared by:
Title: — Community & Human Services
Name: Jacob LaRow
11/09/2021 7:00 AM
Submitted by:
Title: Manager - Federal/State Grants Operation — Community & Human Services
Name: Kristi Sonntag
11/09/2021 7:00 AM
Approved By:
Review:
Community & Human Services
Jacob LaRow
CHS Review
Community & Human Services
Maggie Lopez
Additional Reviewer
Operations & Veteran Services
Kimberley Grant
Additional Reviewer
Public Services Department
Todd Henry
Public Services Department
County Attorney's Office
Jennifer Belpedio
Level 2 Attorney of Record Review
Public Services Department
Dan Rodriguez
PSD Department Head
Office of Management and Budget
Debra Windsor
Level 3 OMB Gatekeeper Review
County Attorney's Office
Jeffrey A. Klatzkow Level 3 County Attorney's Office Review
Growth Management Operations Support
Christopher Johnson
County Manager's Office
Sean Callahan
Level 4 County Manager Review
Board of County Commissioners
Geoffrey Willig
Meeting Pending
Skipped
11/09/2021 2:58 PM
Completed
11/09/2021 6:36 PM
Completed
11/10/2021 5:54 PM
Completed
11/12/2021 9:42 AM
Completed
11/12/2021 3:02 PM
Completed
11/16/2021 7:33 PM
Completed
11/17/2021 8:09 AM
Completed
11/17/2021 8:32 AM
Additional Reviewer Completed
Completed
12/06/2021 7:44 AM
12/14/2021 9:00
AM
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