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BCC Agenda 07/23/2024 Item #16D 3 (Resolution - For the technical revisions and clarifying language to the Collier County State Housing Initiatives Partnership Local Housing Assistance Plan for FY 2022-2023, 2023-2024, and 2024-2025)07/23/2024 EXECUTIVE SUMMARY Recommendation to approve technical revisions and clarifying language to the Collier County State Housing Initiatives Partnership Local Housing Assistance Plan for Fiscal Years 2022-2023, 2023-2024, and 2024-2025 for (1) Purchase Assistance, (2) Disaster Assistance, (3) New Construction Assistance, (4) Rental Rehabilitation and (5) Rental Acquisition strategies; to accept additional funding through the Hurricane Housing Recovery Program allocation in the amount of $5,820 and authorize the related Budget Amendment (SHIP Grant Fund 1053); and to approve and authorize the Chair to sign a Resolution that (1) updates purchase assistance, new construction, and disaster assistance strategies, and (2) revises the Purchase Assistance, New Construction, and Disaster Assistance strategies and clarifies language to the Rental Rehabilitation and Rental Acquisition Strategies. ____________________________________________________________________________ OBJECTIVE: To further the County’s community development objectives to support comprehensive affordable housing opportunities through a revised Local Housing Assistance Plan funded by the State Housing Initiatives Partnership (SHIP). CONSIDERATIONS: On July 7, 1992, the William E. Sadowski Affordable Housing Act was signed into law to provide funding to local communities through a documentary stamp tax on real estate transactions to promote affordable housing. Under the program, Collier County and the City of Naples receive funds from the State to provide initiatives to expand affordable housing opportunities. The Local Housing Assistance Plan (“LHAP”) identifies various methods, or strategies, by which funds will be allocated and disbursed. The 2022-2025 LHAP was adopted on April 26, 2022 (Agenda Item #16.D.3). Due to inflation and escalating property values, the proposed revisions are as follows: (1) A. Purchase Assistance without Rehabilitation Code 2 a. Summary: SHIP funds will be awarded to first-time homebuyers for down payment and closing costs to purchase a newly constructed or an existing single-family home, manufactured home, or condominium. b. Fiscal Years Covered: 2022-2023, 2023-2024, 2024-2025 c. Income Categories to be served: Very low, low, and moderate d. Maximum award*: Very Low: $60,000$85,000 ESP, $50,000$75,000 non-ESP Low: $40,000$65,000 ESP, $30,000$55,000non-ESP Moderate: $30,000$55,000 ESP, $20,000$45,000non-ESP (2) D. Disaster Assistance Code 5 & 16 a. Summary: Disaster Assistance aids households in incorporated or unincorporated Collier County in the aftermath of a disaster as declared by the President of the United States or Governor of the State of Florida, to include households that were displaced or financially impacted in another disaster affected area and then relocated to Collier County after the disaster event. This strategy will only be funded and implemented in the event of a disaster using any funds that have not yet been encumbered or with additional disaster funds allocated by the Florida Housing Finance Corporation. SHIP disaster funds may be used for items such as, but not limited to: (a) Purchase of emergency supplies for eligible 16.D.3 Packet Pg. 767 07/23/2024 households to weatherproof damaged homes. (b) Interim repairs to avoid further damage; tree and debris removal required to make the individual housing unit habitable. (c) Construction of wells and septic or repair of existing wells and septic systems where public water and/or sewer are not available. (d) Payment of insurance deductibles for rehabilitation of homes covered under homeowners’ insurance policies. (e) Security deposit for eligible recipients who have been displaced from their homes due to a disaster. (f) Rental and/or relocation assistance for eligible recipients that who have been displaced from their homes due to a disaster. (g) Temporary Rental and/or relocation assistance for households with a mortgage that have been displaced due to the disaster while their home is being repaired. (h) Temporary rent and utility payments for up to 12 months for tenants financially impacted by a disaster. (i) Temporary mortgage and utility payments for up to 12 months for homeowners financially impacted by a disaster. and foreclosure prevention and counseling. (j) Foreclosure prevention services and housing counseling (k) Relocation and moving expenses, if necessary. (l) One-time full premium payment of a new Homeowner’s and/or Flood Insurance Policy for homeowners not covered under an insurance policy at the time of a disaster. i. The homeowner must sign a Property Insurance deferral lien agreement in the amount of the one-year premium. ii. The full debt, if not paid earlier, is due upon sale of the property, title transfer, home is no longer primary residence, or is leased or rented within the one-year term. iii. One-year term. iv. Interest Rate (0%) v. No Payments are required (m) Hotel or Motel payments for up to 90 days for recipients displaced and in need of temporary housing until their home and/or rental unit is repaired OR a new unit is secured (Daily lodging rates will be pursuant to U.S General Services Administration (GSA) published rates at the time of the Disaster) (n) Rehabilitation/Hardening/Mitigation for owner-occupied residence [i.e., Roofs, Hurricane Impact windows, storm shutters, and doors, installation of generators (special needs required, etc.)] Under this activity, the maximum award amount shall not exceed $50,000. (o) Strategies included in the approved LHAP that benefit applicants directly affected by the declared disaster. (p) Other activities as proposed by the county and approved by Florida Housing Finance Corporation. b. Fiscal Years Covered: 2022-2023, 2023-2024, 2024-2025 c. Income Categories to be served: Very low, low, and moderate d. Maximum award: $20,000. $25,000 per household, per declared disaster event. This may include a combination of items listed in Disaster Assistance (a) through (m), (o), and (p). This will be a grant with no recapture terms. Maximum award: $50,000 per household. This includes Disaster Assistance item n only. This will be a grant with no recapture terms. (3) E. New Construction Assistance Code 10 a. Summary: SHIP funds may be provided to organizations to be used for costs including, but limited to, land acquisition, infrastructure, landscape and development costs, and all associated fees and permits for single-family housing for resale to eligible home buyers in incorporated or unincorporated Collier County. The units may be constructed on infill lots or as a part of a larger development. The funds awarded to the Sponsor will be passed through to the eligible buyer as down payment assistance. b. Fiscal Years Covered: 2022-2023, 2023-2024, 2024-2025 c. Income Categories to be served: Very low, low, and moderate 16.D.3 Packet Pg. 768 07/23/2024 d. Maximum award (per unit for Sponsor and buyer): $50,000 $75,000/unit (4) F. Rental Rehabilitation Code 14 a. Summary: The program is designed to rehabilitate rental units in Collier County. Loans will be given to non-profit/for profit housing landlords/owners who have site control and ownership of the properties to rehabilitate existing single family, multifamily, or mobile/manufactured rental units on scattered sites or a rental complex. Assistance may be provided for large projects involving the repair of multiple rental units. b. Fiscal Years Covered: 2022-2023, 2023-2024, 2024-2025 c. Income Categories to be served: Very low, low, and moderate d. Maximum award: $500,000 per property as identified by the Collier County Property Appraiser. The maximum rehabilitation per unit award amount is $30,000 (5) G. Rental Acquisition Code 20 a. Summary: The program is designed to acquire rental units within Collier County. The sponsor must purchase units in Collier County to create rental opportunities for very-low, low, and moderate income tenants and Special Needs households as defined in 420.0004 (13). b. Fiscal Years Covered: 2022-2023, 2023-2024, 2024-2025 c. Income Categories to be served: Very low, low, and moderate d. Maximum award: $500,000 per property, as identified by the Collier County Property Appraiser. The Florida Legislature appropriated a one-time hurricane housing recovery fund through the Hurricane Housing Recovery Program. The funding allocations were sent to Collier County from the grantor, Florida Housing Finance Corporation (FHFC) and approved by the Board on May 9, 2023 (Agenda Item #16.D.3 in the amount of $957,820 and on June 13, 2023 (Agenda Item #16.D.7) in the amount of $1,892,010. An initial partial payment of $630,700 was received leaving an outstanding balance of $1,261,310. On November 28, staff received funding totaling $1,267,130. This amount includes the outstanding balance plus an increase of $5,820, requiring the Board to recognize the additional grant revenue in the attached Budget Amendment. This funding will be used to support and expand the SHIP Disaster Assistance strategy in the LHAP. FISCAL IMPACT: Submission of the Local Housing Assistance Plan revisions HHRP allows Collier County to expend funds for the fiscal year identified in this plan. The total awarded amount for HHRP is $2,855,650 of which $2,849,830 has been previously recognized. A Budget Amendment is necessary to recognize the remaining grant revenue from the Florida Housing Finance Corporation in the amount of $5,820 within SHIP Fund (1053) HHRP Project 33846. LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, is approved as to form and legality, and requires majority vote for Board approval. -JAK GROWTH MANAGEMENT IMPACT: There is no Growth Management impact associated with this Item. RECOMMENDATION: To approve technical revisions and clarifying language to the Collier County State 16.D.3 Packet Pg. 769 07/23/2024 Housing Initiatives Partnership Local Housing Assistance Plan for Fiscal Years 2022-2023, 2023-2024, and 2024- 2025 for (1) Purchase Assistance, (2) Disaster Assistance, (3) New Construction Assistance, (4) Rental Rehabilitation and (5) Rental Acquisition strategies; accept additional funding through the Hurricane Housing Recovery Program allocation in the amount of $5,820, authorize the related Budget Amendment (SHIP Grant Fund 1053); and to approve and authorize the Chair to sign a Resolution that (1) updates purchase assistance, new construction, and disaster assistance strategies, and (2) revises the Purchase Assistance, New Construction, and Disaster Assistance strategies and clarifies language to the Rental Rehabilitation and Rental Acquisition Strategies Prepared by: Lisa N. Carr, Supervisor-Grants, Community and Human Services Division ATTACHMENT(S) 1. Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (PDF) 2. Resolution LHAP 2022-2025 BCC (PDF) 16.D.3 Packet Pg. 770 07/23/2024 COLLIER COUNTY Board of County Commissioners Item Number: 16.D.3 Doc ID: 29290 Item Summary: Recommendation to approve technical revisions and clarifying language to the Collier County State Housing Initiatives Partnership Local Housing Assistance Plan for Fiscal Years 2022 -2023, 2023-2024, and 2024-2025 for (1) Purchase Assistance, (2) Disaster Assistance, (3) New Construction Assistance, (4) Rental Rehabilitation and (5) Rental Acquisition strategies; to accept additional funding through the Hurricane Housing Recovery Program allocation in the amount of $5,820, and authorize the related Budget Amendment (SHIP Grant Fund 1053); and to approve and authorize the Chair to sign a Resolution that (1) updates purchase assistance, new construction, and disaster assistance strategies, and (2) revises the Purchase Assistance, New Construction, and Disaster Assistance strategies and clarifies language to the Rental Rehabilitation and Rental Acquisition Strategies. Meeting Date: 07/23/2024 Prepared by: Title: Grants Coordinator – Community & Human Services Name: Lisa Carr 07/08/2024 11:13 AM Submitted by: Title: Manager - Federal/State Grants Operation – Community & Human Services Name: Kristi Sonntag 07/08/2024 11:13 AM Approved By: Review: Community & Human Services Lisa Carr PSD Reviewer Skipped 07/08/2024 11:07 AM Public Services Department Tara Bishop PSD Reviewer Completed 07/08/2024 11:24 AM Community & Human Services Kristi Sonntag CHS Review Completed 07/09/2024 4:17 PM Community & Human Services Darrick Gartley PSD Reviewer Completed 07/10/2024 6:55 AM Operations & Veteran Services Jeff Weir OVS Director Review Completed 07/15/2024 12:22 PM Public Services Department Jeff Weir Level 1 Department Review Skipped 07/15/2024 12:28 PM Corporate Compliance and Continuous Improvement Megan Gaillard Additional Reviewer Completed 07/15/2024 12:58 PM Grants Erica Robinson Level 2 Grants Review Completed 07/15/2024 2:07 PM County Attorney's Office Carly Sanseverino Level 2 Attorney Review Completed 07/16/2024 3:20 PM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 07/16/2024 3:25 PM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 07/16/2024 3:29 PM Office of Management and Budget Blanca Aquino Luque OMB Reviewer Completed 07/16/2024 5:01 PM Grants Therese Stanley OMB Reviewer Completed 07/17/2024 9:18 AM Public Services Department Tanya Williams PSD Department Head Review Completed 07/17/2024 9:33 AM County Manager's Office Amy Patterson Level 4 County Manager Review Completed 07/17/2024 11:41 AM Board of County Commissioners Geoffrey Willig Meeting Pending 07/23/2024 9:01 AM 16.D.3 Packet Pg. 771 16.D.3.aPacket Pg. 772Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 2022-2023,2023-2024,2024-2025 LHAP BCC Approved: April 26, 2022, Agenda Item 16.D3 Technical Revision: November 10, 2022- NC Technical Revision: July 23, 2024-PA,NC,RR,RA & Disaster 2 Table of Contents Description Page # Section I, Program Details 3 Section II, Housing Strategies 7 A. Purchase Assistance 7 B. Owner-Occupied Rehabilitation 9 C. Demolition and Replacement of Manufactured Housing 11 D. Disaster Assistance 13 E. New Construction Assistance 1416 F. Rental Rehabilitation 1618 G. Rental Acquisition 1819 H. Rental Development 1920 Section III, Incentive Strategies 2022 A. Expedited Permitting 2022 B. Ongoing Review Process 2122 C. Other Incentive Strategies Adopted 2123 Exhibits 2324 A. Administrative Budget for each fiscal year covered in the Plan B. Timeline for Estimated Encumbrance and Expenditure C. Housing Delivery Goals Chart (HDGC) For Each Fiscal Year Covered in the plan D. Signed LHAP Certification E. Signed, dated, witnessed, or attested adopting resolution F. Ordinance: (If changed from the original creating ordinance) G. Interlocal Agreement H. Short Sale Policy & Short Sale Application. I. Essential Personnel Certification. J. Subordination Policy & Subordination Request Form. 16.D.3.a Packet Pg. 773 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 16.D.3.aPacket Pg. 774Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 16.D.3.aPacket Pg. 775Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 16.D.3.aPacket Pg. 776Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 16.D.3.aPacket Pg. 777Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 16.D.3.aPacket Pg. 778Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 16.D.3.aPacket Pg. 779Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 16.D.3.aPacket Pg. 780Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 16.D.3.aPacket Pg. 781Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 16.D.3.aPacket Pg. 782Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 16.D.3.aPacket Pg. 783Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 16.D.3.aPacket Pg. 784Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 2022-2023,2023-2024,2024-2025 LHAP BCC Approved: April 26, 2022, Agenda Item 16.D3 Technical Revision: November 10, 2022-NC Technical Revision: July 23, 2024-PA,NC,RR,RA & Disaster (a)Purchase of emergency supplies for eligible households to weatherproof damaged homes. (b)Interim repairs to avoid further damage; tree and debris removal required to make the individual housing unit habitable. (c)Construction of wells and septic or repair of existing wells and septic systems where public water and/or sewer are not available. (d)Payment of insurance deductibles for rehabilitation of homes covered under homeowners' insurance policies. (e)Security deposit for eligible recipients who have been displaced from their homes due to a disaster. (f)Rental and/or relocation assistance for eligible recipients #lat who have been displaced from their homes due to a disaster. (g)Temporary Rental and/or relocation assistance for households with a mortgage that have been displaced due to the disaster while their home is being repaired. (h)Temporary rent and utility payments for up to 12 months for tenants financially impacted by a disaster. (i)Temporary mortgage and utility payments for up to 12 months for homeowners financially impacted by a disaster. and foreclosure prevention and counseling. (j)Foreclosure prevention services and housing counseling (k)Relocation and moving expenses, if necessary. (I)One-time full premium payment of a new Homeowner's and/or Flood Insurance Policy for homeowners not covered under an insurance policy at the time of a disaster. i. ii. iii. iv. The homeowner must sign a Property Insurance deferral lien agreement in the amount of the one-year premium. The full debt. if not paid earlier, is due upon sale of the property, title transfer, home is no longer primary residence, or is leased or rented within the one-year term. One-year term. Interest Rate (0%) v.No Payments are required (m)Hotel or Motel payments for up to 90 days for recipients displaced and in need of temporary housing until their home and/or rental unit is repaired OR a new unit is secured (Daily lodging rates will be pursuant to U.S General Services Administration (GSA) published rates at the time of the Disaster) (n)Rehabilitation/Hardening/Mitigation for owner-occupied residence [i.e., Roofs, Hurricane Impact windows, storm shutters, and doors, installation of generators (special needs required, etc.)] Under this activity, the maximum award amount shall not exceed $50,000. (o)Strategies included in the approved LHAP that benefit applicants directly affected by the declared disaster. (p)Other activities as proposed by the county and approved by Florida Housing Finance Corporation. b.Fiscal Years Covered: 2022-2023, 2023-2024, 2024-2025 c.Income Categories to be served: Very low, low, and moderate d.Maximum award: $20,000. $25,000 per household, per declared disaster event. This may include a combination of items listed in Disaster Assistance (al through (ml, (ol, and (pl. This will be a grant with no recapture terms. Maximum award: $50,000 per household. This includes Disaster Assistance item (nl only. This will be a grant with no recapture terms. 14 16.D.3.a Packet Pg. 785 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 16.D.3.aPacket Pg. 786Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 16.D.3.aPacket Pg. 787Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 16.D.3.aPacket Pg. 788Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 16.D.3.aPacket Pg. 789Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 16.D.3.aPacket Pg. 790Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 16.D.3.aPacket Pg. 791Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 16.D.3.aPacket Pg. 792Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 16.D.3.aPacket Pg. 793Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 16.D.3.aPacket Pg. 794Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 16.D.3.aPacket Pg. 795Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) ADMINISTRATIVE BUDGET FOR EACH FISCAL YEAR Collier County Fiscal Year: 2022-2023 Estimated SHIP Funds for Fiscal Year: Salaries and Benefits Office Supplies and Equ ip ment T ravel Per diem Workshops , etc. - Advertising Other* Total Admin % Fiscal Year 2023-2024 Estimated SHIP Funds for Fiscal Year: Salaries and Benefits Office Supplies and Equipment Travel Per diem Workshops, etc. Advertisinq Other* Total Admin % Fiscal Year 2024-2025 Estimated SHIP Funds for Fiscal Year: Salaries and Benefits Office Supplies and Eq~i_Qment __ --- Travel Per diem Workshops, etc. Advertisinq Other* Total Admin % $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ Exhibit A Exhibit A (2022) 3 ,678 ,139.00 309,784.90 4 ,605.00 9 ,211 .00 2 ,763.00 41,450.00 367,813.90 10 .00% OK 3 ,862 ,045.95 325 ,275.60 4 ,835.00 9 ,671.00 2 ,901.00 43 ,522.00 386,204.60 10.00% Over Budget 4 ,055,148.25 341,538.83 5 ,077.00 10,155.00 3 ,046.00 45,698.00 405,514 .83 10.00% Over Budget *All "other" items need to be detai led here and are subject to review and approval by the SHIP review committe e. Project Del ivery Costs that are outside of administrative costs are not to be included here , but must be detailed in the LHAP main document. Details: Postage, Recording Fees, Other Contractors , Fleet Maintenance 16.D.3.a Packet Pg. 796 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 2022 Exhibit B Timeline for SHIP Expenditures -=C=O-=LL=l=ER'-'--"'C-=0-=U-'-N'-'-T_;.__Y ____ affirms that funds allocated for these fiscal years will (local government) meet the following deadlines: Fiscal Year Encumbered Expended Interim Closeout Report Report 2022-2023 6/30/2024 6/30/2025 9/15/2024 9/15/2025 2023-2 024 6/30/2025 6/30/2026 9/15/2025 9/15/2026 2024-2025 6/30/2026 6/30/2027 9/15/2026 9/15/2027 If funds allocated for these fiscal years is not anticipated to meet expenditure deadl ines, Florida Housing Finance Corporation will be notified according to the following chart: Fiscal Year Funds Not Closeout AR Expended Not Submitted 2022-2023 3/30/2025 6/15/2025 2023-2024 3/30/2026 6/15/2026 2024-2025 3/30/2027 6/15/2027 Requests for Expenditure Extensions (close-out year ONLY) must be received by FHFC by June 15 of the year in which funds are required to be expended. The extension request shall be emailed to robert.dearduff@floridahousing.org and cameka.gardner@floridahousing.org and include : 1. A statement that "(city/county) requests an extension to the expenditure deadline for fisc al year ________ _ 2 . The amount of funds that is not expended. 3. The amount of funds that is not encumbered or h as been recaptu red. 4. A detailed plan of how/when the money will be expended. Note: on extension to the expenditure deadline (June 30) does not relieve the requirement to submit {September 15) the annual report online detailing all funds that hove been expended. Please email cameka.qordner@floridohousinq.org when you are ready to "submit" the AR. Other Key Deadlines: AHAC reports are now due annually by December 31. Local governments receiving the minimum (or less) allocation may choose not to report. 16.D.3.a Packet Pg. 797 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) LHAP Exhibt C 2021 FLORIDA HOUSING FINANCE CORPORATION HOUSING DELIVERY GOALS CHART 2022-2023 Name of Local Government: Collier County Estimated Fun ds (Anticipated allocation only): $3,678,139.00 Strategies Qualifies for Max. SHIP Max. SH IP Mod Max. SH IP Without Code VLI Units LI Units Construction Total Uni ts Homeownership 75% set-aside Award Award Units Award Construction 1&2 Purchase Assistance No 0 $60,000 0 $40,000 0 $30,000 $0.00 $0.00 $0.00 0 3 Owner-Occupied Rehabilitation Yes 5 $62,500 6 $62,500 2 $62,500 $812,500.00 $0.00 $812,500.00 13 4 Demo/Replace Yes 4 $175,000 3 $175,000 1 $175,000 $1,40 0,000.00 $0.00 $1,400,000.00 8 S& 16 Disaster Assistance Yes 0 $20,000 0 $20,000 0 $20,000 $0.00 $0.00 $0.00 0 10 Constru ction Assistance Yes 6 $60,000 4 $40,000 2 $30,000 $580,000.00 $0.00 $580,000.00 12 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0 .00 0 $0.00 $0.00 $0.00 0 $0,00 $0.00 $0.00 0 Total Homeownership 15 13 5 $2,792,500.00 $0.00 $2,792,500.00 33 Purchase Price Limits: New $ 402,710 Existi ng s 402,710 OK OK Code Rental Qualifies for Max. SHIP Max. SHIP Mod Max. SH IP Without 75% set-asi de VLI Units Award LI Units Award Units Award Constru ction Const ruction Total Units ,.~~ Rental Rehabilitation Yes 0 $500,000 0 $500,000 0 $500,000 $0.00 $0,00 $0.00 0 20 Rental Acquisit ion No 0 $500,000 1 $500,000 0 $500,000 $0.00 $500,000.00 $500,000.00 1 21 Rental Development No 0 $1,500,000 0 $1,500,000 0 $1,500,000 $0.00 $0 .00 $0 ,00 0 $0.00 $0 .00 $0.00 0 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0 .00 0 Total Rental 0 l 0 $0.00 $500,000.00 $500,000.00 l .. . ---' " ---- Administratio n Fees s 367,814 10% OK ---· Home Ownership Counseling s -.. --. . -- Total All Fu nds $ 3,660,314 OK -. -•· --s.t-Allcies ----·-------. ----. -- Percentage Construction/Rehab (75% requirement) 75.9% OK Homeownership% (65% requirement) 75.9% OK Ren tal Restriction (25%} 13.6% OK Very-Low Income (30% requirement) $ 1,372,500 37.3% OK Low In come 130% requirement) $ 1,060,000 28.8% OK Moderate In come s 360,000 9.8% 16.D.3.a Packet Pg. 798 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & LHAP Exhlbt C 2021 FLORID A HOUSING FINANCE CORPORATION HOUSING DELIVERY G OALS CHART 2023-2024 Estimat ed Funds (Antici pate d a ll ocat ion only): $3,862,045.95 St rategies Code Qualifies for VLI Units Max. SH IP LI Unit s Max . SH IP Mod Max. SHIP Construction Without 75% set-aside Award Award Units Award Construction Total Units Homeown ership 1 &2 Purchase Assistance No 1 $60,000 2 $40,000 4 $30,000 $0.00 S260,000.00 S260,000.00 7 3 Owner-Occupied Rehabilitation Yes 6 S62,SOO 7 S62,SOO 2 S62,SOO S937,S00.00 SO.OD S937,SOO.OO 1S 4 Demo/Replace Yes 3 S175,000 3 S175,000 1 $175,000 $1,225,000.00 SO.OD Sl,225,000.00 7 S & 16 Disaster Assistance Yes 0 $20,000 0 $20,000 0 $20,000 $0.00 $0.00 $0.00 0 10 Construction Assistance Yes 4 $60,000 4 $40,000 5 $30,000 $550,000.00 $0.00 $550,000.00 13 so.oo so.oo $0.00 0 $0.00 SO.DD so.oo 0 so.oo SO.DO so.oo 0 so.oo SO.DO so.oo 0 so.oo so.oo $0.00 0 Total Homeownershi p 14 16 12 $2,712,500.00 $260,000.00 S2,972,500.00 42 Purchase Price Limits: New s 402,710 Exist ing $ 402,710 OK -·· OK --- Code Rental Qualifies fo r VU Unit s Max. SHIP LI Un its Max. SH IP Mod Max. SHI P Wi thout 75% set -aside Award Award Units Award Construction Construction Total Units '"""' Renta l Rehabilit a ti on Yes 1 $500,000 0 SS00,000 0 $500,000 $500,000.00 SO.DO ssoo,000.00 1 , .. 20 Re nta l Acq uisition No 0 $500,000 0 $500,000 0 $500,000 $0.00 $0.00 $0.00 0 21 Re ntal Development No 0 $1,500,000 0 Sl,500,000 0 $1,500,000 SO.DO $0.00 so.oo 0 SO.DO $0,00 $0.00 0 SO.DO so.oo $0.00 0 SO.DO $0.00 $0.00 0 Total Rental 1 0 0 $500,000.00 $0.00 $500,000.00 1 .-.. - Administration Fees $ 386,205 10% OK . ---. . Ho me Owne rship Cou nseling $ - Total All Funds $ 3,858,705 OK -. '.Set-Mdes, --.. --_;. -- Percentage Construction /Rehab (75% requi re ment) 8 3.2% OK Homeowne rship % (65% re quirement ) 77.0% OK Renta l Res t riction (25%) 12.9% OK Very-Low Income (30% req uirement ) $ 1,700,000 44.0% OK Low Inco me (30'/4 req uire ment) $ 1,202,500 31.1% OK Moderate Income $ 570,000 14.8% 16.D.3.a Packet Pg. 799 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & Strategies Homeownership 1 & 2 Purchase Assistance No 0 $85,000 1 $65,000 1 $55,000 $0.00 $120,000.00 $120,000.00 2 3 Owner-Occupied Rehabilitation Yes 0 $62,500 0 $62,500 0 $62,500 $0.00 $0.00 $0.00 0 4 Demo/Replace Yes 0 $175,000 0 $175,000 0 $175,000 $0.00 $0.00 $0.00 0 5 & 16 Disaster Assistance Yes 4 $50,000 3 $50,000 2 $50,000 $450,000.00 $0.00 $450,000.00 9 10 Construction Assistance Yes 14 $75,000 32 $75,000 0 $75,000 $3,450,000.00 $0.00 $3,450,000.00 46 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0.00 0 Total Homeownership 18 36 3 $3,900,000.00 $120,000.00 $4,020,000.00 57 New $ 685,786 Existing $ 685,756 14 & 21 Rental Rehabilitation Yes 0 $500,000 0 $500,000 0 $500,000 $0.00 $0.00 $0.00 0 20 Rental Acquisition No 0 $500,000 0 $500,000 0 $500,000 $0.00 $0.00 $0.00 0 21 Rental Development No 0 $1,500,000 0 $1,500,000 0 $1,500,000 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0.00 0 Total Rental 0 0 0 $0.00 $0.00 $0.00 0 Administration Fees Yes Home Ownership Counseling No Total All Funds $ 1,250,000 27.9% $ 2,615,000 58.3% $ 155,000 3.5% Very-Low Income (30% requirement)OK Low Income (30% requirement)OK Moderate Income Homeownership % (65% requirement)89.6%OK Rental Restriction (25%)0.0%OK $4,468,650 Set-Asides Percentage Construction/Rehab (75% requirement)86.9%OK OK Units $448,650 10%OK Construction Without Construction Total $- LI Units Max. SHIP Award Mod Units Max. SHIP Award Max. SHIP Award OK OK Purchase Price Limits: Code Rental Qualifies for 75% set-aside VLI Units LHAP Exhibt C 2021 FLORIDA HOUSING FINANCE CORPORATION HOUSING DELIVERY GOALS CHART 2023-2024 Estimated Funds (Anticipated allocation only):$4,486,496.00 Collier County-Revised 7/23/2024 UnitsCodeQualifies for 75% set-aside VLI Units Construction Without Construction TotalMax. SHIP Award LI Units Max. SHIP Award Mod Units Max. SHIP Award REVISED 7/23/24 16.D.3.a Packet Pg. 800 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & lHAP Exhlbt C 2021 FLORIDA H OUSING FINANCE CORPORATI ON HOUSING DELIVERY GOALS CHART 2024-2025 Name of Local Government: Estimated Funds (Anticipated allocation only): $4,055,148.25 Strategies Qualifies for Max. SHIP Max. SHIP Mod Max. SHIP Without Code vu Units LI Un its Construction Total Units Homeownership 75% set-asi de Award Award Units Award Construction 1&2 Purchase Assistance No 0 $60,000 0 $40,000 0 $30,000 $0.00 $0.00 $0.00 0 3 Owner-Occupied Rehabllltatlon Ves 7 $62,500 7 $62,500 3 $62,500 $1,062,500.00 $0.00 $1,062,500.00 17 4 Demo/Replace Ves 3 $175,000 2 $175,000 0 $175,000 $875,000.00 $0.00 $875,000.00 5 S & 16 Disaster Assistance Ves 0 $20,000 0 $20,000 0 $20,000 $0.00 $0.00 $0.00 0 10 Construction Assistance Ves 6 $60,000 7 $40,000 2 $30,000 $700,000.00 $0.00 $700,000.00 15 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0.00 0 Total Homeownershi p 16 16 5 $2,637,500.00 $0.00 $2,637,500.00 37 Purchase Price Limits: New $ 402,710 Existing $ 40 2,710 OK OK Rental Qualifies for vu Units Max. SHIP LI Units Max . SH IP Mod Max. SHIP Without Code 75% set•aside Award Award Units Award Construction Constr uction Total Units 1•~m Rental Rehabilitation Yes 2 $500,000 0 $500,000 0 $500,000 $1,000,000.00 $0.00 $1,000,000.00 2 I•• 20 Rental Acquisition No 0 $500,000 0 $500,000 0 $500,000 $0.00 $0.00 $0.00 0 21 Rental Development No 0 $1,500,000 0 $1,500,000 0 $1,500,000 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0 .00 0 Total Rental 2 0 0 $1,000,000.00 $0.00 $1,000,000.00 2 ; Administration Fees s 405,515 10% OK Home Owne rship Counseling s . Total All Fu nds $ 4,043,015 OK I -C Set-Asides Percentage Construction/Rehab (75% requirement) 89.7% OK Homeownership % (65% requirement) 65.0% OK Rental Restriction (25%) 24.7% OK Very-low Income (30% requirement) S 2,322,500 I 57.3% OK low Income (30% requirement) $ 1,067,500 26.3% OK Moderate Income $ 247,500 6.1% 16.D.3.a Packet Pg. 801 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & Strategies Homeownership 1 & 2 Purchase Assistance No 0 $85,000 0 $65,000 0 $55,000 $0.00 $0.00 $0.00 0 3 Owner-Occupied Rehabilitation Yes 0 $62,500 0 $62,500 0 $62,500 $0.00 $0.00 $0.00 0 4 Demo/Replace Yes 0 $175,000 0 $175,000 0 $175,000 $0.00 $0.00 $0.00 0 5 & 16 Disaster Assistance Yes 0 $50,000 0 $50,000 0 $50,000 $0.00 $0.00 $0.00 0 10 Construction Assistance Yes 7 $75,000 29 $75,000 0 $75,000 $2,700,000.00 $0.00 $2,700,000.00 36 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0.00 0 Total Homeownership 7 29 0 $2,700,000.00 $0.00 $2,700,000.00 36 New $ 748,837 Existing $ 748,837 14 & 21 Rental Rehabilitation Yes 0 $500,000 0 $500,000 0 $500,000 $0.00 $0.00 $0.00 0 20 Rental Acquisition No 0 $500,000 0 $500,000 0 $500,000 $0.00 $0.00 $0.00 0 21 Rental Development No 0 $1,500,000 0 $1,500,000 0 $1,500,000 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0.00 0 Total Rental 0 0 0 $0.00 $0.00 $0.00 0 Administration Fees Yes Home Ownership Counseling No Total All Funds $ 525,000 17.3% $ 2,175,000 71.9% $ - 0.0% UnitsCodeQualifies for 75% set-aside VLI Units Construction Without Construction TotalMax. SHIP Award LI Units Max. SHIP Award Mod Units Max. SHIP Award LHAP Exhibt C 2021 FLORIDA HOUSING FINANCE CORPORATION HOUSING DELIVERY GOALS CHART 2024-2025 Estimated Funds (Anticipated allocation only):$3,026,866.00 Name of Local Government: Collier County-Revised 7/23/2024 OK OK Purchase Price Limits: Code Rental Qualifies for 75% set-aside VLI Units Set-Asides Percentage Construction/Rehab (75% requirement)89.2%OK Moderate Income Homeownership % (65% requirement)89.2%OK Rental Restriction (25%)0.0%OK Very-Low Income (30% requirement)OK Low Income (30% requirement)OK Units $302,687 10% $3,002,687 OK $- LI Units Max. SHIP Award Mod Units Max. SHIP Award Construction Without Construction Max. SHIP Award OK Total REVISED 7/23/24 16.D.3.a Packet Pg. 802 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & EXHIBIT "D" 16.D.3.a Packet Pg. 803 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) CERTIFICATION TO FLORIDA HOUSING FINANCE CORPORATION Loca l Government or Interlocal Entity : I COLLIER COUNTY/CITY OF NAPLES Certifies that: Exh ibitD 67-37.005(1), F.A.C. 2022 (1) The avail ability of SH IP funds w ill be advertised pursuant to program requirement s in 420.907- 420.9079, Florida Statutes. (2) All S HIP funds will be expended in a manner which will ensure that there w ill be no d isc1imination on the basis of race , color , national origin , sex, hand icap, familial s tatus, or re ligion. (3) A process to determine e l igibility and for selection of recip ients for funds has been developed. (4) Recipients of funds wi ll be re quired to contractuall y comrnit t o program guidelines and Joan tenns. (5) F lorid a Housing will be notified promptly if the local government /inte rloca\ e ntity will be unable to comply with any provision of the local housing assistance pl a n (LH AP ). (6) The L H AP provides a plan fo r the encurnbrnnce of funds w ithin twelve m onths of the end of the State fi scal year in which they are received and a plan for the expenditure of SHIP funds including allocation, program income a nd recaptured funds within 24 months following the end of the State fiscal year in which they are received. (7) The LHAP conforms to the L ocal Government Comprehensive P l an, or that an a me ndment to the Local Government Comprehensive Plan will be in itiated at t he next avail a ble oppol1unity to insure conformance with the LHAP. (8) Amendments to the approved U -IAP shall be provided to the Florida Housing for review and/or approval within 21 days after adoption. (9) The trust fund exists with a qualified depository for aU SHIP funds as well as progr am income or recaptured funds. (10) Amounts on deposit in the local housing assistance trust fund sh all be invested as pennitted by law. 16.D.3.a Packet Pg. 804 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) Exhibit D 67-37.005(1), F.A.C. 2022 ( I I) The local housing assistance trust fund sh a l I be separately stated as a special revenue fund in the local governments audited financial statements (CAFR). An electronic copy of the CAFR or a hyperlink s h all be p rovided to Florida Housing by June 30 of the applicable year. (12) Evidence of compliance with the Florida Single Audit Act , as referenced i n Section 215.97, F.S. s hall be provided to Florida Housing by June 30 of the applicable year. (13) SHIP funds wil l not be pledged for debt service on bonds. ( 14) Developers receiv in g assistance from both SH IP and the Low-Income I lousing Tax Credit (LIHTC) Program s hall comply w ith the income, affordabi li ty a nd other LIHTC requ irements, sim ilarly, any units receiving assistance from other federal programs shall comply with all Federal and SH IP program requ irem ents. ( 15) Loans shal I be provided for p eriods not exceeding 30 years, except for deferred payment loans or loans that extend beyond 30 years which continue to serve elig ible persons. (16) R ental Units constructed o r rehabilitated with SH IP funds shall be monitored for compliance with tenant income requirements and affordability requirements or as required in Section 420.9075 (J)(e). To the extent another governmental entity provides periodic monitoring and determination, a municipality, county or local housing financing authority may rely on such monitoring and determination of tenant eligibi lity. ( 17) The LHAP meets the requirements of Secti o n 420.907-9079 FS , and Rule Ch apter 67-37 FAC. (18) The provisions of Chapter 83-220 , Laws of Florida have not been implemented (except for Miami-Dade County). N/A Witness N/A Witness (Seal ) 2 16.D.3.a Packet Pg. 805 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) EXHIBIT "E" 16.D.3.a Packet Pg. 806 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) RESOLUTION NO. 2022-68A A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, APPROVING THE LOCAL HOUSING ASSISTANCE PLAN (LHAP) FOR FISCAL YEARS 2022-2023, 2023-2024, AND 2024-2025, AS REQUIRED BY THE ST ATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAM; AUTHORIZING THE CHAffi TO EXECUTE ANY NECESSARY DOCUMENTS AND CERTIFICATIONS NEEDED BY THE ST ATE; AUTHORIZING THE SUBMISSION OF THE LHAP FOR REVIEW AND APPROVAL BY THE FLORIDA HOUSING FINANCE CORPORATION; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, th e St at e o f Fl o rid a enact ed th e Willia m E. Sadowski A fforda bl e Ho us in g A ct, C ha pter 92 -3 17 of Florida Sessio ns L aws, a ll ocating a p ortio n of d ocum e ntary stamp tax_es o n d eed s to local governme n ts fo r the develo pment and m a inte nance of afford a ble ho us in g; and WHEREAS, t he State Ho us in g Initiatives Partne rs hip (SHl P) Act , S ubsections 420 .90 7- 420 .9 0 79, Fl o rid a St atutes, and C hapte r 67-37, Fl o rida Adminis trati ve Code, requires lo ca l governm ents to d e velo p a o ne -to -three-year LH A P o utlining how funds w ill be used ; a nd WHEREAS, the S l-UP Act req uires local governm e nts to esta bli s b th e maximum Sf-OP fu nds a ll owable for each s trategy; and WHEREAS, t he S HIP Act furth e r requires loc a l government s to esta blis h a n ave rage area pu rc hase price fo r new and e xis ting ho us ing benefiting fro m awru·d s mad e purs uant t o th e Act; and WHEREAS, the me thod o logy a nd purc hase prices a re d e fin ed in the attac hed U -IAP; and WHEREAS, as required by Sectio n 420 .90 75, F .S., it is fo und th at 5 pe rcent of the local ho us ing distributi o n pl us 5 p e rcent of program income is in s uffi c ient to adequate ly pay t he nece ssary cost s of a dmini st ering th e L HAP. T he cost of a dminjste ring th e program may not exceed IO pe rcent o f the locaJ hous ing di s tr ibuti on plus 5% of prog ram income d e pos ite d into the local h o us in g ass is t ance trust fund ; and WHEREAS, Com munity and I luman Serv ices s t aff have pre pared a new three-year LHA P for s ubmission to the Fl orida Ho us ing Finance Corporation; and 16.D.3.a Packet Pg. 807 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) WHEREAS, the Board of County Commissioners finds that it is in the best interest of the citizens of Colli er County for it to submit the LHAP for review and approval so as to qualify for said documentary stamp tax funds w ith adminis trative costs paid from moneys deposited in to the local housing ass is tance trust fund . NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY , FLORIDA t hat: Section l: Section 2: The Board hereby a pprove the L ocal Housin g Assistan ce Plan , as attached, and incorporated hereto for submission to the Florida Housing Finance Corporation as required by Sections 420.907-420.9079, Florida S tatutes, for fiscal years 2022- 2023, 2023-2024, a nd 2024-2025. The Chair is hereby des ignated a nd authorized to execute any documents and certifications required by Florida Hous ing Finance Corporation as related to the Local H ousing Assistance Plan , and to do all things necessary and proper to carry out the term and conditio ns of s aid program. Section 3: This resolution s hall take effect immediately upon its adoption. This Re so luti on passed and adopted this dtl!•Oi day of {l{M motion , second and majority in favor of passage. 1 , 2022, after ~ I\" A ATTAST;,, •• C R~STAl::K K.iNZBL, CLERK BOARD OF COUNTY COMMI SSIONERS . . I ' Approved as to form and legality: Jennifer A. Belpe io Assistant County Attorney OF COLLI E R C RIDA 16.D.3.a Packet Pg. 808 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) EXHIBIT "F" 16.D.3.a Packet Pg. 809 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) ORDINANCE NO. 2013 -.3.]_ AN ORDINANCE OF THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, ESTABLISIDNG THE COLLIER COUNTY smp LOCAL HOUSING ASSISTANCE PROGRAM ORDINANCE; PROVIDING FOR TITLE AND CITATION; PROVIDING FOR DEFINITIONS; PROVIDING FOR ESTABLISHMENT OF THE LOCAL HOUSING ASSISTANCE PROGRAM; PROVIDING FOR ESTABLISHMENT OF A LOCAL HOUSING ASSISTANCE TRUST FUND; PROVIDING FOR DESIGNATION OF RESPONSIBILITY FOR IMPLEMENTATION; PROVIDING FOR ESTABLISHMENT OF AN AFFORDABLE HOUSING ADVISORY COMMITTEE; PROVIDING FOR REPEAL OF ORDINANCE NO. 93-19, AS AMENDED; PROVIDING FOR THE REPEAL OF ORDINANCE NO. 91-65, AS AMENDED; PROVIDING FOR INCLUSION IN THE CODE OF LAWS AND ORDINANCES; PROV1D!NG FOR CONFLICT AND SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, in 1992, the Legislature of the State of Florida approved ~adm,.,ski ,-o ~ Affordable Housing Act creating the State Housing Initiatives Partnership ("SHJP "~gr-folTl :x>:::-! ::0 - the specific purpose of s upporting and expanding the availability of affordable hous~jes~rcer within the State; and ~;;: -u fll "T)77 :JC 0 r . WHEREAS, the Collier County Board of County Commissioners (Bo~ a~ted o-f Ordinance No. 93-19 on April 13, 1993, creating a local housing assistancel>frnst 'ilmd, establishing a local housing assistance program, designating responsibility for the program, and creating an Affordable Housing Advisory Committee; and WHEREAS, on July 23, 1991 , the Board of County Commissioners adopted Ordinance No. 91-65, establishing the Collier County Affordable Housing Commission (now known as the Affordable Housing Advisory Committee), which Ordinance was subsequently amended by Ordinance Nos. 04-77, 05-69, 08-17, and 09-50; and WHEREAS, the Board has determined that it is in the best interest of the County to repeal Ordinance No. 93-19, as amended, and Ordinance No. 91-65, as amended, in order to ado pt a single consolidated Ordinance to comply with the requirements set forth in Florida S tatutes, Sections 420.90 7-420.9070 and Chapter 67-37, Florida Administrative Code. 2013 Collier County SHIP Local Housing Assistance Program Ordinance 16.D.3.a Packet Pg. 810 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) Subordin atio n Reque st Form To be completed by the Financial Institution processing refinance on behalf of clients lis ted below Borrower (s) name: Borrower (s) address: Financial Institution: -------------------------------- Address: ------------------------------------- Em ai l: _____________________ Phone : _____________ _ C urre nt Mort a e Inform ation Principal B a lance: Int erest Rate: Monthly Payment (PITI): ________ _ Loan Term : New Mort a e Information Loan Amount: Interest Rate: ________ _ Monthly Payment (PITI): ________ _ Loan Term: C losin A ent/Titl e Com an Information Name: ____________________ Contact Person: __________ _ Phone: _________ _ E mail Address: J certi fy th at the above infonnation is correct. I certify that there w ill be no cash out to the b orrower, and no other unsecured debt wi ll be p aid off (i.e., credit card s, automobile loans, etc.). I understand that the subordination document prepared by Collier County w ill be in valid if that is the case. Lender/Broker Signature Lender/ Broker Name Printed Date Email address Phone 16.D.3.a Packet Pg. 811 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, that: SECTlON ONE: Title and Citation. This Ordinance sha ll be known and cited as the "Colli er County SHIP Local Housing Assistance Program Ordinance". SECTION TWO: Definitions. For the purposes of this Ordinance, the definit ions contained in Florida Statutes, Chapter 420.9071 and Rule 67-37.002, Florida Administrative Code, as they may be amended or replaced from time to time, are adopted herein by reference. SECTION THREE: Establishment of the Local Housing Assistance Program. The Local Housing Assistance Program is hereby created and established to implement the requirements of Florida Statutes, Section 420.907 and Rule 67-37, Florida Administrative Code, adopted herein by reference, as th ey may be amended or replaced fro m time to time. The County s hall implement the program withi n the unincorporated boundaries of Collier County and may enter into an interlocal agreement w ith municipalities. The strategies of the program will be set forth in the County's S HfP local housing assistan ce plan. S ECTION FOUR: Establishment of a Local Housing Assistance Trust Fund. Pursuant to the requirements Section 420.907 Florida S tatutes, the County hereby reaffirms establi shment of a Local Housing Assistance Trust Fund within the official and fiscal accounting office of the County as originally established on April 13, 1993, by Ordinance No. 93-19. The County's local housing assistance trust fund shall be separately stated as a specia l revenue fund in the county's audited financial statements. Copies of such audited financial statements shall be forwarded to th e Flo ri da Housing Finance Agency. All moneys received from the s tate pursuant to t he State Housing Initi ati ve Partnership (SHIP] Pro gram and any other funds received or budgeted to provide funding fo r the Local Housing Assistance Program shall be deposited into the Collier County Local Housing Assistance Trust Fund. 2013 Collier County SI HP Local Housing Assistance Program Ordinance 16.D.3.a Packet Pg. 812 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) SECTION FIVE: Designation of responsibility for implementatio n. The Director of the County's Department of Housing, Human and Veterans Services shall be primarily responsible for implementation and administration of the local housing assistance program. SECTION SIX: Establishment of an Affordable Housing Advisory Committee. The Affordable Housing Advisory Committee is created and established in accordance with Florida Statutes, Section 420. 9076 and County Ordinance No. 01 -55, Standards for The Creation and Review of Boards. In the event of a conflict, the provisions of Florida Statutes, Section 420. 9076 shall apply. Duties of the advisory committee are provided in Florida Statutes, Section 420.9076(2}(a) -(k) adopted herein by reference, as they may be amended or replaced from time to time. Appointments to the Affordable Housing Advisory Committee will be made in accordance with the member ship requirements of Florida Statutes, Section 420. 9076, including joint a ppointments to prepare a joint plan when a participating municipality ente rs into an inte rlocal agreement to administer its program. Th e committee shall consist of eleven (11) members as required by Florida Statutes 420.9076 (2)(a)-(k), appointed by Resolution of the Board of County Commissioners no later than March 2, prior to the year the Local Housing Assistance Plan is due. The term of service shalJ be fo r three (3) years or at the discretion of the Board. Terms may be extended fo r one additional three (3) year term. Six (6) me mbers shall constitute a quorum suffic ient to permit the committee to take any formal action. However, if formal action is not taken, the committee may meet to hear presentations with less than a quorum in attendance, if the meeting is duly noticed. A majority of concurring votes of the entire membership of the committee shall be necessary fo r a decision o r recommendation by the committee. The committee may elect a c hairperson or presiding officer. The committee members serving immediately prior to this Ordinance's adoption sh a ll fulfill the remainder of their appointed tenns. 20 13 Co llier County SHI? Local Hous ing Assistance Program Ordinance 16.D.3.a Packet Pg. 813 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) The committee shall meet at least triennially and submit a report to the local governing body that includes recommendations on, and triennially thereafter evaluates the implementation of, affordable housing incentives as required by Florida Statutes, Section 420.9076(4)(a) -(k). The Board of County Commissioners may sunset or suspend meetings of the committee upon submission of the triennial Incentive Report and reconvene no later than March 2 of the year the Incentive Report is due. The committee will be cooperatively s taffed by Housing, Human and Veterans Services Department and Planning and Zoning Department staff in accordance with Florida Statutes, Section 420.9076(9). SECTION SEVEN: Repeal of Ordinance No. 93-19, as amended. Ordinance No. 93-19, pertaining to the Collier County Housing Initiatives Paz;tnersbip Program, and all amendments thereto, is hereby repealed in its entirety. SECTION EIGHT: Repeal of Ordinance No. 91-65, as amended. Ordinance No. 91-65, pertaining to the Affordable Housing Committee, and all amendments thereto, is hereby repealed in its entirety. SECTION NINE: Inclusion in the Code of Laws and Ordinances. The p ro visions of this Ordinance shall become and be made a part of the Code of Ordinances of Collier County, Florida. The sections of this Ordinance may be renumbered or re-lettered to accomplish such, and that the word "ord inance" may be changed to "section," "article,'1 or other appropriate word or phrase necessary to accomplish such intentions. SECTION TEN: Conflict and Severability. In the event this Ordinance conflicts with any other Ordinance of Collier County or other applicable Jaw, deemed a separate, distinct and independent provision and such holding shall not affect the validi ty of the remaining portion. SECTION ELEVEN: Effective date. This Ordinance shall become effective thirty (30) days after its adoption by the Board of County Commissioners. 2013 Coll ier County SH IP Local Housing Assistance Program Ordinance 16.D.3.a Packet Pg. 814 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) PASSED AND DULY ADOPTED by the Board of County Commissioners of Collier ~" ~ County, Florida, this --9_ day of_""'---=..,._......_~-• 2013. ATTEST: .• DWIGH\j¼.,0&,Q~~, CLERK ~-~••"' '•••, •t) . , • .r ,:i"-1 ✓.:1.· •. ·• .. ~ . .-~)'.~~~~~~~"'-- ·:\~:~ ~~~~puty Clerk -~ . : ' · stgh~~-on·1y .... •;~l App.toveJ i(~ fcff rirm and legal suflic,\ency: Jenfer B. White Assistant County Attorney BOARD OF COUNTY COMM ISSIONERS CO CO TY, FLORIDA Byl-1'........,~--------- eorgia A. Hiller, Esq. Chairwoman This ordinance fil~d with th~ :::,ec"-.tary of S~>, PH1l,,3 ll.£!:'day of -~• end ocknowledgem..,..~.,.. at fi1" eived · oy O?'.....l~&.¥--,h-,-----......... ~ 20 13 Collier County SHIP l.ocal Housing Assisumce Program Ordi nance 16.D.3.a Packet Pg. 815 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) STATE OF FLORIDA) COUNTY OF COLLIER) I, DWIGHT E. BROCK, Clerk of Courts in and for the Twentieth Judicial Circuit, Collier County, Florida, do hereby certify that the foregoing is a true and correct copy of: ORDINANCE 2013-27 which was adopted by the Board of County Commissioners on the 9th day of April, 2013, during Regular Session. WITNESS my hand and the official seal of the Board of County Commissioners of Collier County, Florida, this 15th day of April, 2013. DWIGHT E. BROCK .. ~ _..1 ; . Clerk of Courts· an9-' Cle:i:.k Ex-officio to Boar~i of , ·. County Commission-erg.: ,,: .. , " ' . .. . . . . ,.. • )(i; .. . I .J ·'.1 • ' J(). ( . By: Ann J h~~ . . Deputy Clerk 16.D.3.a Packet Pg. 816 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) EXHIBIT "G" 16.D.3.a Packet Pg. 817 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) C OLLIE R C OUNTY/CITY OF N APLES TNTERLOCAL AGREEMENT S T A T E HO US ING IN ITIATIVES PARTNE R S HIP PROGRAM THIS IN T ERLOC AL AG REEM ENT (the ''Agreement'") is made and entered into th is TH Zu,-day of /9 ff<\ L-, 2022, by and between Collier County, a political subdivision of the State of Florida, acting by and through its Board of County Commissioners, and the City of Naples, a municipal corporation created and existing under the laws of the State of Florida, acting by and through its City Counci l. WI T N E S S E TH: WHEREA S, Section 420.9072, et seq .. Florida Statutes (the "State Housing Initiatives Partnership Program " ("SHIP"), authorizes monies in the Local Government HoLising Trust Fund (the "Fund") to be distributed to approved counties and eligible municipalities w ithin the county p u rsuant to an Interlocal Agreement: and WHEREAS, Collier County is an approved county and the City of Naples is an el igible municipality w ithin Collier County; and WH ER E AS, th e pruiie s desire to jointly utilize SHIP al locations pursuru1t to this Agreement; and WHEREAS , the pru1ies have determined that S HIP funds can be more efficiently ut ilized and managed when the parties work cooperatively to address the community 's affordable housing needs. NOW, THEREFORE, m consideration of the mutual promises set forth he rein , the parties agree as fol lows: 1. The County and City do hereby agree t hat the SHIP Program funds as a ll ocated in Section 420.9073. Florida Statutes, are to be distributed to Collier County to administer in conformity with the mutually approved Local Housing Assistance P lan. 2 . U n less earlier term inated pw-suant to other provisions of th i s Interlocal Agreement, the term of this Agreement shall run concurrent w ith the three-year Local Housing Assistance P la n (the "LHAP") which expires June 30, 2025 , as it may be amended. 16.D.3.a Packet Pg. 818 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) 3. The County and City direct the Florida Housing Finance Corporation (the "Corporation") to distri bute and allocate the SH IP Program funds in accordance with this Agreement and authorize the Corporation to rely on its stated intent and authority to execute this Agreement. 4. The SJ--UP Program funds so distributed will be deposited in a single depository trust fund account created and managed by Collier County, Finance Division of the Office of the Clerk of the Circuit Court. This account shall be known as the Collier County Local Housing Trust Fund (hereinafter referred to as '·Local Fund "), to which SHIP funds are distributed by the Corporation. The Corporation will be notified of any change in the Local Fund status and the parties agree to have such Local Fund audited annually as required by Chapter 420, Florida Statutes and Chapter 67-37 , Florida Administrative Code. Since all distributions from the Local Fund shall be processed by Collier County, the parties hereto agree that the Comprehensive Single Entity Audit of the accounts and records of the County with respect to SHlP revenues and expenditures shall constitute the audi t for the lnterlocal Entity as described in the SHIP Regulations. The parties hereto agree that the Local fund may be allocated a pro-rata cost of the independent audit by the County. 5. During the tem1 of this Agreement, both parties agree that they will not do anything to jeopardize the other pany' s right to receive its allocation from the Local Fund. 6 . Membership to the Affordable Housing Advisory Committee shall be appointed as required by Section 420.9076, Florida Statutes and Collier County Ordinance 2013-27. One member may be an elected official from the City of Naples. This member shall be appointed from a list of one or more qualified applicants submitted by the City Council or its representative. 7. The parties to this Agreement have adopted incentives from the Affordable Housing Incentive Plan as prepared and submitted by the joint Affordable Housing Advisory Committee, amending the Local Housing Assistance Plan accordingly. Both parties understand that Chapter 420, Florida Statutes requires continuing monitoring and implementation of the Affordable Housing Incentive Plan for the purpose of enhancing and providing affordable housing and agree to cooperate Ln ensuring that the requirements and spirit of the Chapter 420, Florida Statute:;, is satisfied 8. Neither party shall use any revenues distributed and allocated for purposes other than those authorized by Section 420.907 et seq., Florida Statutes. or Chapter 67-37, Florida Administrative Code. 9. During the term of this Agreement, any party may give the other pa11y ninety (90) 16.D.3.a Packet Pg. 819 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) days written notice that it wishes to renegotiate the te rms of this Agreement , to be effective on the first day of the next fiscal year. If the pruties fail to reach a new agreement prior to the commencement of the next fiscal year. this Agreement shall te1mi nate and be of no further force or effect, and the funds shall be allocated according to population pursuant to Section 420.9072 ru1d Section 420.9073, Florida Statutes. 10. If either party shall cease to be eligible for a ll ocation and distribution , such pru·ty 's allocation of the funds shall remain in the Local Fund to be used by the Corporation . Both patties acknowledge the SHJP enabling legislation, the rules promulgated to implement same, and that t he Chapter 420, Florida Statutes and Chapter 67-37, Florida Administrative Code are incorporated herein as if they were restated. 1N WI TNESS THE REOF, the parties hereto have caused this Agreement to be executed by their duly authorized officials. ATTEST: CE,Y.~A~ K. KINZEL , CLERK ATTEST: BOARD OF COUNTY COMMISS IONERS OF COLLIER ~-r,-....i., ORIDA CITY OF NAPLES, a Municipal Corporation 16.D.3.a Packet Pg. 820 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) _ls.I NC!l/\,C,!j stt,cpmfovi, es.q. __ _ Nancy Stuparich , City Attorney 16.D.3.a Packet Pg. 821 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) EXHIBITH Collier County Community and Human Services Division State Housing lnHiatives Partnership Program SHORT SALE POLICY Requests for short sale must be approved in advance and in writing by Colli er County Community and Human Services Division. The following minimum criteria sball apply: I. The recipient, as seller of the property, shall not receive any funds from the Short Sale transaction. 2. To facili tate a Shori Sale, Coll ier County s hall forgive 70 percent (70%) of the assistance provided based upon the following table. PROPOSED SHORT SALE SETTLEMENT AMOUNT 30% of SHIP Second Mortgage face value amount 3. T he Colli er County Short Sale amount cannot conflict with the primary mortgage lender Short Sale Agreement. • If the primary lender rejects the SHIP Proposed Short Sale Settlement amount, at the discretion of the C HS Director or his/her designated representative. the settlement amount may be reduced as a ppropri ate to help facilitate the sale of the property to avoid the possibility of foreclosure . In ord er to determ ine if a recipient may qualify for Short Sale, the Di vision w il l requi re the fo ll owing information : l. Short Sale Request Form from owner or authorized agent. 2. Evidence of the first mortgage lender's approval for Short Sale. 3. Copy of s igned sales contract or buyer offer sheet. Following ini tial review, the Division will advise in writing if the recipient has been pre-approved for Short Sale . However, the following documents will be required prior to c losing of the Short Sale and issuance of final approval: I. F in al unsigned Closing D isclosure as prepared for settlement (signed copy to be obtained immediately after settlement); and 2. Final first mortgage lender Shor t Sale approval; and 3. Fina l signed sales contract; and 4. Name, phone number and email address of closing agent. Please a llow 20 business days for processing from the date the r equest is s ubmitte d t o our office. I f approved, t he Divj sion wi ll for ward the Short Sale Agreement and/or payoff letter to the title company . rfwe are unable to approve the request a denfal l etter will be issued . 16.D.3.a Packet Pg. 822 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) EX HIBIT H EMA IL THE SHORT SALE REQUEST FORM ALONG WITH SlJPPORTfNG DOCUMENTS TO: Recipient(s) name: Property address: First Mortgage Lender: Princ ipal Balance : Approved Short Sale Amount: Net Proceeds to Recipient: SHIP Mortgage Amount: S Hf P File Number: Date Recorded: Required Repayment Amount: Amount Paid by Lender: Amount Paid by Other: Net Proceeds to Recipient: 0 PRE-APPROVED ODENLED CHS Director Date Collier CountySHIP@co ll ie rcountyfl.gov Collier County Community and Human Services Division State Housing Initiatives Partnership Program SHORT SALE APPLICATION F irst Mortgage Jn formation SHI P Second Mortgage Information OFF[CE USE ONLY 16.D.3.a Packet Pg. 823 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) Exhibit I ESSENTI AL PERSONNEL CERTIFI CATION Collier County Purchase Assistance Program recipients must have evidence of employment status in a s pecific field before they may be approved for additional funding in the program. Please certify which category the below named person's employment falls under. I Employee Name: I Posit ion Title: I certify that to the best of my knowledge the above-named applicant is a; Healthcare Personnel Skilled Bui lding Trade Personnel Police and Fi re Personnel Teacher and Educators, other school district, community college, university employees D Local Government Employees Healthcare Personnel and Government E mployees Health care personnel (HCP) are persons who have special education on health care and who are directly related to provision of health care services. HCP includes all paid and unpaid persons working in health-care settings. Physicians, nurses, nursing assistants, therapists, technicians, emergency medical service personnel, dental personnel, pharmacists, laboratory personnel, autopsy personnel who are employed with health-care facility will fal l under HCP category. T eacher and Educators, other school distri ct, communi ty college, univers ity employees A teacher or educator, employed by a county/city school district, private or public college/university or technical school/institute. Skill ed Building Trade Personnel Common skilled t rade careers include machinist, tool designer, fabricator, production technician, carpenter, mason, plumber, pipefitter, steamfitter, electrician, painter, HVAC and roofer. Police, E mergency and Fire Personnel An employee of a local law enforcement agency who is an officer sworn to carry out law enforcement duties. Examples of this class are sheriffs, deputy sheriffs, chiefs of pol ice, city police officers, and sworn personnel of law enforcement subunits of port and transit authorities. This class includes campus police officers employed by of local city and community college dis tricts. Private campus police are excluded. A firefighter or fire personnel who are extensively trained in firefighting. In addition those indi viduals also trained in Emergency Medical Services (EMS) and operate ambulances w ho may or may not in addition to being a firefighter. 1 16.D.3.a Packet Pg. 824 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) Local Gove rnm ent Employ ees An employee of Pederal, State or Local Government is responsible for protecting the public's healt h and safety during emergenc ies. As suc h, all regular full and part-time employees are considered essential personnel and are expected to participate as assigned during and/o after a declared emergency and/or activation event, which will fall into one of the fo ll owing categories: Department/Division Protective Measures, Shelter Operations, Emergency Support Function/Emergency Operation s Center, Phone Bank/Hotline, Damage Assessment, Other: (Ch ildcare, Volunteer Coordinator, Point of Distribution Assistant, etc. to be initiated by Emergency Management or their D ivision D irector) Employer Name: Representative Name: S ignature: 2 16.D.3.a Packet Pg. 825 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) Exh ibit J Collier County Comm uni ty and Human Services D epartment SUBORDfNA TION POLICY Reques ts for s ubordination must be approved in advance by the Community and Human Services Division ("Division"). We may consider su bo rdinating o ur loan if the following factors are present: • Jfthe proposed transaction is a rate and term refinance (less than $500.00 to borrower at closing), th e new inte rest rate must be at least o ne percent less than the current interest rate; or any combination of Inte rest Rate reduction plus Mortgage Ins urance reduction that would be the e quivalent of a one percent inte rest rate reduction; and • The new principal and interest payment is lower than the current total payment(s) as evidenced by th e Loan Application or Loan Estimate; or if the new monthly payment is increased due to a reduction to th e term of the loan, th e Divis io n w ill determine if the new payment i s reasonable and benefi cial to the client; and • The proposed transaction may include the c urrent first mortgage plus other purchase-related grants a nd/or financing (i.e., USDA Subsidy, etc.) OR • Cash o ut transaction are allowed, provided the Combined Loan-To-Value (CL TY) ratio of mo1tgages plus County liens does not exceed 80% of the current appraised val ue for the subject property. ln this instance, the one percent reduction in interest rate may be waived if the transaction is be neficial to the client a s determine d by the Divis ion ; and • Closing costs are reasonable as determined by the Division; and ■ The proposed transaction does not include a prepayme nt penalty. • Property be ing refinanced mus t be the borrower's principal residence . The fo llowing documents must be submitted to our office to process a subordination request: I. Subordination Request form (attached). 2. Signed and executed Loan Estimate o r equivalent; and 3. Signed and executed mortgage/loan application; and 4. Pre liminary Closing Disclosure or e quivale nt ; and 5. Copy of title commitm ent 6. Copy of Appraisal (if applicable) PJease allow 20 bus iness days for processing from the date the request is s ubmitted to our office. If approved, the Divis ion will notify the lender and title company to prepare the Subordination Agreement. I f we are unable to approve the request, a payoff letter will be issued. EMAIL THE SUBORDlNATION REQUEST FORM ALONG WITH THE DOCUMENTS 2 -6 TO : Revised 03/2019 For additional questions contact: Li sa Ca1T , Sr. G rants Coordinator Phone: 239-252-2509 Email: L isa .Carr@co ll i e rcoum yn .gov o r C ol I ie rCountySH IP @col li e rco unty fl .gov 16.D.3.a Packet Pg. 826 Attachment: Collier 2022-2025 LHAP_Tech Rev July 23 2024 FINAL_ (29290 : 2022-2025 LHAP Revision & HHRP funding) RESOLUTION N0. 2024-_____ A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, REVISING THE LOCAL HOUSING ASSISTANCE PLAN FOR FISCAL YEARS 2022-2023, 2023-2024, AND 2024- 2025, AS REQUIRED BY THE STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAM, REVISING THE PURCHASE ASSISTANCE STRATEGY, THE DISASTER ASSISTANCE STRATEGY, THE NEW CONSTRUCTION ASSISTANCE STRATEGY, THE RENTAL REHABILITATION STRATEGY AND RENTAL ACQUISITION STRATEGY. WHEREAS, the State of Florida enacted the William E. Sadowski Affordable Housing Act on July 7, 1992 , Chapter 92-317 of Florida Sessions Laws, allocating a portion of documentary stamp taxes on deeds to local governments for the development and maintenance of affordable housing; and WHEREAS, the State Housing Initiatives Partnership (SHIP) Act, Subsections 420.907- 420.9079, Florida Statutes, and Chapter 67-37, Florida Administrative Code, requires local governments to develop a one to three-year Local Housing Assistance Plan outlining how funds will be used; and WHEREAS, the SHIP Act requires local governments to revise their Local Housing Assistance Plan when a technical revision is made to a local housing assistance strategy; and WHEREAS, the State Housing Initiatives Partnership (SHIP) Act, Subsections 420.907- 420.9079, Florida Statutes (1992), and Chapter 67-37, Florida Administrative Code, requires local governments to forward technical revisions to their Local Housing Assistance Plans to the Florida Housing Finance Corporation for review; and WHEREAS, the Community and Human Services Division has revised 2022-2025 Local Housing Assistance Plan in response to escalating property values and Hurricane Ian for submission to the Florida Housing Finance Corporation; and WHEREAS, the Board of County Commissioners finds that it is in the best interest of the citizens of Collier County for it to submit the Local Housing Assistance Plan for review and approval so as to qualify for said documentary stamp tax funds with administrative costs paid from moneys deposited into the local housing assistance trust fund. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA that: 16.D.3.b Packet Pg. 827 Attachment: Resolution LHAP 2022-2025 BCC (29290 : 2022-2025 LHAP Revision & HHRP funding) 1. The Board approves the technical revisions and clarifying language to the Collier County State Housing Initiatives Partnership Local Housing Assistance Plan for Fiscal Years 2022-2023, 2023-2024, and 2024-2025 for (1) Purchase Assistance, (2) Disaster Assistance, (3) New Construction Assistance, (4) Rental Rehabilitation and (5) Rental Acquisition strategies; accepts additional funding through the Hurricane Housing Recovery Program allocation in the amount of $5,820, authorizes the related Budget Amendment (SHIP Grant Fund 1053); and approves and authorizes the Chair to sign this Resolution that (1) updates purchase assistance, new construction, and disaster assistance strategies, and (2) revises the Purchase Assistance, New Construction, and Disaster Assistance strategies and clarifies language to the Rental Rehabilitation and Rental Acquisition Strategies. 2. This Resolution shall take effect immediately upon its adoption. This Resolution adopted this 23rd day of July, 2024, after motion second and majority in favor of passage. ATTEST: Crystal K. Kinzel, Clerk By:___________________________ , Deputy Clerk Board of County Commissioners of Collier County, Florida By: _________________________________ Chris Hall, Chairman Approved as to form and legality: _______________________________ Jeffrey A. Klatzkow, County Attorney 16.D.3.b Packet Pg. 828 Attachment: Resolution LHAP 2022-2025 BCC (29290 : 2022-2025 LHAP Revision & HHRP funding)