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Agenda 09/13/2022 Item #16D 4 (SHIP Grant Fund 791 Budget Amendment)09/13/2022 EXECUTIVE SUMMARY Recommendation to approve a Budget Amendment to (1) increase the FY 2021 -2022 allocation by $81,723 and (2) recognize $15,241.19 in program income for the State Housing Initiatives Partnership Program. (SHIP Grant Fund 791) OBJECTIVE: To continue to promote affordable housing strategies for low- to moderate-income persons through the State Housing Initiatives Partnership (SHIP) Program. CONSIDERATIONS: On July 7, 1992, the Florida legislature enacted the William E. Sadowski Affordable Housing Act to provide additional funding to local communities to promote and advance affordable housing initiatives. Funds are generated through documentary stamp tax on real estate transactions. Under the SHIP program, Collier County and the City of Napl es receive funds from the State of Florida through the Florida Housing Finance Corporation to undertake eligible homeownership and rental-related activities. The estimated allocation for the SHIP fiscal year 2021-2022 funding of $2,561,427 was approved by the Board on June 8, 2021 (Agenda Item #16D11). The actual award was $6,905 higher than the estimate and was approved by the board on December 14, 2021 (Agenda Item #16D12). An additional award in the amount of $81,723 was received on June 29, 2022 due to unallocated disaster funding received from the State; a Budget Amendment is required to recognize the additional funds received. All funds are used in accordance with the Local Housing Assistance Plan and the associated housing strategies. FISCAL IMPACT: The Budget Amendment recognizes additional grant revenue of $81,723 that will be available from the Florida Housing Finance Corporation of which ten percent (10%) will be used as Administrative funds. This brings the total award amount to $2,650,055. Pro gram income in the amount of $15,241.19 was received from interest and SHIP loan repayments of which five percent (5%) will be used as Administrative funds. Funds are available in SHIP Grant Fund (791), Project 33759. The proposed action does not have an impact on the General Fund. LEGAL CONSIDERATIONS: This item has been approved for form and legality and requires a majority vote for Board approval. -DDP GROWTH MANAGEMENT IMPACT: Acceptance of these funds will allow the County to expand affordable housing opportunities for its citizens and further the goals of the Housing Element of the Collier County Growth Management Plan. RECOMMENDATION: To approve a Budget Amendment to (1) increase the FY 2021-2022 allocation by $81,723 and (2) recognize $15,241.19 in program income for the State Housing Initiatives Partnership Program. Prepared By: Lisa N. Carr, Senior Grants Coordinator, Community and Human Services Division ATTACHMENT(S) 1. SAP Program Income (PDF) 16.D.4 Packet Pg. 2399 09/13/2022 COLLIER COUNTY Board of County Commissioners Item Number: 16.D.4 Doc ID: 22784 Item Summary: Recommendation to approve a Budget Amendment to (1) increase the FY 2021- 2022 allocation by $81,723 and (2) recognize $15,241.19 in program income for the State Housing Initiatives Partnership Program. (SHIP Grant Fund 791) Meeting Date: 09/13/2022 Prepared by: Title: Grants Coordinator – Community & Human Services Name: Lisa Carr 07/11/2022 10:46 AM Submitted by: Title: Manager - Federal/State Grants Operation – Community & Human Services Name: Kristi Sonntag 07/11/2022 10:46 AM Approved By: Review: Operations & Veteran Services Jeff Newman Additional Reviewer Completed 07/11/2022 12:30 PM Community & Human Services Jacob LaRow Additional Reviewer Completed 08/08/2022 4:57 PM Communications, Government, and Public Affairs Lisa Weinmann Additional Reviewer Completed 08/09/2022 7:45 AM Community & Human Services Blanca Aquino Luque Additional Reviewer Completed 08/09/2022 10:12 AM Community & Human Services Maggie Lopez Additional Reviewer Completed 08/09/2022 4:49 PM Community & Human Services Kristi Sonntag CHS Review Completed 08/09/2022 5:39 PM Public Services Department Todd Henry PSD Level 1 Reviewer Completed 08/10/2022 8:05 AM Grants Erica Robinson Level 2 Grants Review Completed 08/15/2022 1:03 PM Public Services Department Tanya Williams PSD Department Head Review Completed 08/15/2022 4:40 PM County Attorney's Office Derek D. Perry Level 2 Attorney Review Completed 08/19/2022 2:07 PM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 08/22/2022 10:29 AM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 08/23/2022 8:23 AM County Manager's Office Ed Finn Additional Reviewer Completed 08/24/2022 3:34 PM Office of Management and Budget Christopher Johnson Additional Reviewer Completed 08/29/2022 3:59 PM Grants Therese Stanley Additional Reviewer Completed 09/02/2022 11:48 AM County Manager's Office Dan Rodriguez Level 4 County Manager Review Completed 09/06/2022 9:03 AM 16.D.4 Packet Pg. 2400 09/13/2022 Board of County Commissioners Geoffrey Willig Meeting Pending 09/13/2022 9:00 AM 16.D.4 Packet Pg. 2401 16.D.4.a Packet Pg. 2402 Attachment: SAP Program Income (22784 : SHIP FY 2021-2022 Increase)