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Agenda 07/14/2020 Item #16D 9 (Developer Agreement w/HELP)07/14/2020 EXECUTIVE SUMMARY Recommendation to approve and authorize the Chairman to sign a Developer Agreement with Housing Development Corporation of SW Florida, Inc., d/b/a/ HELP in the amount of $160,000 for the acquisition of two (2) permanently affordable housing units. OBJECTIVE: To continue to promote affordable housing strategies for moderate and gap income persons through the use of the Local Affordable Housing Trust Fund. CONSIDERATIONS: On April 24, 2018, the Board of County Commissioners (Board) adopted Resolution No. 2018-82 declaring a valid public purpose for establishing a new Local Housing Trust Fund (LHTF) and providing general guidelines for its use of monies. On January 3, 2020, the Community and Human Services Division (CHS) advertised a gra nt application cycle with applications due on February 10th, 2020 soliciting applications for the use of Local Affordable Housing Trust Fund funding. On March 5, 2020 applications were reviewed, scored, ranked, and recommended for funding by the Review and Ranking Committee. HELP submitted the sole application eligible for LHTF funding. On May 4, 2020, the Affordable Housing Advisory Committee (AHAC) reviewed the list of recommended awards. This agreement will allocate funding to acquire two (2) permanently affordable rental housing units. The units will be placed in the newly created Collier County Community Land Trust for long term affordability, through a 99-year land lease. These units will be rented or held available for rent on a continuous basis to persons or families who at the commencement of occupancy shall have a verifiable annual income that does not exceed 140% of the Area Median Income. Units will carry rent and occupancy restrictions for a minimum of thirty (30) years, until September 30, 2051. Household income will be re-certified yearly upon lease renewal. The Developer Agreement with HELP requires that the units will meet or exceed all applicable local codes, standards, and zoning ordinances at the time of project completion and throughout the duration of the affordability period. FISCAL IMPACT: Funds for this agreement are budgeted within the Affordable Housing Fund (116), Projects 50137. LEGAL CONSIDERATIONS: This Item has been approved for form and legality and requires a majority vote for Board approval. - JAB GROWTH MANAGEMENT IMPACT: Acquisition of two (2) permanently affordable rental housing units will further Goals, Policies, and Objectives of the Housing Element of the Collier County Comprehensive Growth Management Plan. RECOMMENDATION: To approve and authorize the Chairman to sign a Developer Agreement with Housing Development Corporation of SW Florida, Inc., d/b/a/ HELP in the amount of $160,000 for the acquisition of two (2) permanently affordable housing units. Prepared By: Tom Calderon, Grants Coordinator, Community and Human Services Division 16.D.9 Packet Pg. 2111 07/14/2020 ATTACHMENT(S) 1. HELP Land Trust Agreement (HELP Executed) (PDF) 16.D.9 Packet Pg. 2112 07/14/2020 COLLIER COUNTY Board of County Commissioners Item Number: 16.D.9 Doc ID: 12688 Item Summary: Recommendation to approve and authorize the Chairman to sign a Developer Agreement with Housing Development Corporation of SW Florida, Inc., d/b/a/ HELP in the amount of $160,000 for the acquisition of two (2) permanently affordable housing units. Meeting Date: 07/14/2020 Prepared by: Title: – Community & Human Services Name: Tomas Calderon 06/19/2020 9:57 AM Submitted by: Title: Manager - Federal/State Grants Operation – Community & Human Services Name: Kristi Sonntag 06/19/2020 9:57 AM Approved By: Review: Community & Human Services Maggie Lopez Additional Reviewer Completed 06/22/2020 3:29 PM Community & Human Services Cormac Giblin Additional Reviewer Completed 06/24/2020 3:04 PM Operations & Veteran Services Kimberley Grant Level 1 Reviewer Completed 06/24/2020 5:14 PM Community & Human Services Kristi Sonntag CHS Review Completed 06/25/2020 10:18 AM Public Services Department Todd Henry Level 1 Division Reviewer Completed 06/25/2020 3:57 PM Public Services Department Steve Carnell Level 2 Division Administrator Review Completed 06/29/2020 10:23 AM Grants Erica Robinson Level 2 Grants Review Completed 06/29/2020 11:44 AM County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 06/29/2020 12:02 PM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 06/29/2020 12:43 PM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 06/29/2020 1:02 PM Budget and Management Office Ed Finn Additional Reviewer Completed 06/29/2020 6:03 PM Grants Therese Stanley Additional Reviewer Completed 06/30/2020 10:57 AM County Manager's Office Geoffrey Willig Level 4 County Manager Review Completed 07/06/2020 4:55 PM Board of County Commissioners MaryJo Brock Meeting Pending 07/14/2020 9:00 AM 16.D.9 Packet Pg. 2113 16.D.9.a Packet Pg. 2114 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2115 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2116 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2117 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2118 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2119 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2120 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2121 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2122 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2123 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2124 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2125 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2126 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2127 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2128 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2129 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2130 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2131 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2132 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2133 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2134 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2135 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2136 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2137 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2138 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust) 16.D.9.a Packet Pg. 2139 Attachment: HELP Land Trust Agreement (HELP Executed) (12688 : Local Land Trust)