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Resolution 2017-175 RESOLUTION No.2017- 1 7 5 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, REVISING THE LOCAL HOUSING ASSISTANCE PLAN FOR FISCAL YEARS 2016-2017, 2017-2018, AND 2018- 2019, AS REQUIRED BY THE STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAM; REVISING THE OWNER-OCCUPIED REHABILITATION STRATEGY AND SHORT SALE POLICY AND ADDING A NEW CONSTRUCTION ASSISTANCE 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 prepared and revised 2016-2019 Local Housing Assistance Plan 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: Section 1: The Housing Delivery Goals Chart of the 2016-2019 LHAP has been updated to reflect changes to current strategy. Section 2: Revise Owner-Occupied Rehabilitation award amount and Short Sale Policy and add a new Construction Assistance Strategy. Section 3: This resolution shall take effect immediately upon its adoption. This Resolution adopted this E(J day of ! , 2017, after motion second and majorityin favor of passage. ATTEST: BOARD OF CO J TY COMMISSIONERS DWIGHT E', BROCK, CLERK OF COLL ► 0 TY, FLORIDA By: OLLW ` ( • By: Ii)EP :t CLERK Chairman eny Taylor Attest as to at S DISTRICT 4 COMMISSIONER signature only. Approval for form and legality: Jennifer A. Belpedio ()-"s Assistant County Attorney c c6\ Exhibit D 67-37.005(1),F.A.C. Effective Date: 10/14 CERTIFICATION TO FLORIDA HOUSING FINANCE CORPORATION Local Government: Collier County (1) The local government will advertise the availability of SHIP funds pursuant to Florida Statutes. (2) All SHIP funds will be expended in a manner which will insure that there will be no discrimination on the basis of race, creed, religion, color, age, sex, familial or marital status, handicap, or national origin. (3) A process for selection of recipients for funds has been developed. (4) The eligible municipality or county has developed a qualification system for applications for awards. (5) Recipients of funds will be required to contractually commit to program guidelines. (6) The Florida Housing Finance Corporation will be notified promptly if the local government(or interlocal entity)will be unable to comply with the provisions the plan. (7) The Local Housing Assistance Plan shall provide for the expenditure of SHIP funds including allocation,program income and recaptured funds within 24 months following the end of the State fiscal year in which they are received. (8) The plan conforms to the Local Government Comprehensive Plan, or that an amendment to the Local Government Comprehensive Plan will be initiated at the next available opportunity to insure conformance with the Local Housing Assistance Plan. (9) Amendments to the approved Local Housing Assistance Plan shall be provided to the Corporation with in 21 days after adoption. (10) The trust fund shall be established with a qualified depository for all SHIP funds as well as moneys generated from activities such as interest earned on loans. (11) Amounts on deposit in the local housing assistance trust fund shall be invested as permitted by law. (12) The local housing assistance trust fund shall be separately stated as a special revenue fund in the local governments audited financial statements, copies of the audits will be forwarded to the Corporation as soon as available. 1 Exhibit D 67-37.005(1), F.A.C. Effective Date: 10/14 13) An interlocal entity shall have its local housing assistance trust fund separately audited for each state fiscal year, and the audit forwarded to the Corporation as soon as possible. (14) SHIP funds will not be pledged for debt service on bonds or as rent subsidies. (15) Developers receiving assistance from both SHIP and the Low Income Housing Tax Credit (LIHTC)Program shall comply with the income, affordability and other LIHTC requirements, similarly, any units receiving assistance from other federal programs shall comply with all Federal and SHIP program requirements. (16) Loans shall be provided for periods not exceeding 30 years, except for deferred payment loans or loans that extend beyond 30 years which continue to service eligible persons. (17) Rental Units constructed or rehabilitated with SIIIP funds shall be monitored at least annually for 15 years for compliance with tenant income requirements and affordability requirements or as required in Section 420.9075 (3)(e) (18) The Plan meets the requirements of Section 420-907-9079 FS, and Rule Chapter 67-37 FAC, and how each of those requirements shall be met. (19) fhe provisions of Chapter 83-220,Laws of Florida has or X has not been implemented. (note:Miami Dade County will check"has") 1•) Q) Witness Chief Elected Official or designee Witnes Penny Taylor, Chairwoman Date Approved as to form and legality OR Assistant County Mu Attest: (Seal) ATTEST: DWIGHT E.BROCK,CLERK ‘114"1411). AtAirnrr1s • signature only.,