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Agenda 06/08/2021 Item #16D10 (SHIP Sponsor 1st Amendment w/HUD of SW FL, Inc.)06/08/2021 EXECUTIVE SUMMARY Recommendation to approve and authorize the Chairperson to sign a State Housing Initiatives Partnership Sponsor First Amendment with Housing Development Corporation of SW Florida, Inc. d/b/a HELP for the SHIP Purchase Assistance Program strategy. OBJECTIVE: To continue to promote affordable housing strategies for low- to moderate-income persons through the State Housing Initiatives Partnership (SHIP) Program. CONSIDERATIONS: The William E. Sadowski Affordable Housing Act provides 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 Naples receive funds from the State of Florida through the Florida Housing Finance Corporation to undertake eligible activities. On April 26, 2016 (Agenda Item #16D4), the Board of County Commissioners (Board) adopted the SHIP 2016-2019 Local Housing Assistance Plan (LHAP). The LHAP identifies eli gible strategies and serves as a guideline for the use of all SHIP funds. The purchase assistance strategy provides an interest -free loan of up to $55,000 to assist qualified first-time homebuyers purchase a home in Collier County, based on income and eligibility criteria. HELP is a HUD-approved non-profit housing counseling agency that offers credit and financial counseling and educational services to existing and prospective homeowners. The Sponsor Agreement provides for HELP to assist applicants with the SHIP down payment process. The purchase assistance will be provided in the form of a zero-interest loan, and a fifteen (15) year subordinate lien will be recorded in favor of Collier County on each transaction. Funds may be used for down payment and/or closing and settlement charges on an approved primary residence purchase transaction. The agreement requires HELP to serve in an advisory role for the SHIP applicant and implement the Purchase Assistance program strategy through the following tasks: Identifying and meeting with prospective applicants, completing detailed income certification and pre-purchase counseling, preparing a complete application package, and delivering to a designated point-of-contact to County staff, assisting with the delivery of conditions items to obtain approval for funding, ensuring funds are delivered to closing and the lien in favor of the County is properly recorded. To date, HELP completed its role as an advisor for seven (7) homeowners participating in the SHIP program. T he funding did not pass through HELP but was paid directly to the homeowner by means of a check/wire transfer from Collier County to the closing agent. These purchases took place in late 2019 and 2020. It was determined after the agreement was written that the Sponsor could not pay the lending institution directly due to cash flow constraints. Therefore, the proposed amendment removes the funding for down payment assistance and includes the Sponsor fee only. The proposed amendment includes the following actions: (a) Reduce the award amount from $200,000 to $7,000 and (b) revise the project component to allow payment of $1,000 per approved file assisted. FISCAL IMPACT: The proposed action has no fiscal impact. Funds are budgeted within SHIP Grant Fund (791), Project 33569. LEGAL CONSIDERATIONS: This item has been approved for form and legality and requires a majority vote for Board approval. - JAB 16.D.10 Packet Pg. 1778 06/08/2021 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 and authorize the Chairperson to sign a State Housing Initiatives Partnership Sponsor First Amendment with Housing Development Corporation of SW Florida, Inc. d/b/a HELP for the SHIP Purchase Assistance Program strategy. Prepared By: Lisa N. Carr, Senior Grant Coordinator, Community and Human Services Division ATTACHMENT(S) 1. First Amendment-HELP (PDF) 2. HELP AGREEMENT-Purchas Assistance (PDF) 16.D.10 Packet Pg. 1779 06/08/2021 COLLIER COUNTY Board of County Commissioners Item Number: 16.D.10 Doc ID: 15788 Item Summary: Recommendation to approve and authorize the Chairperson to sign a State Housing Initiatives Partnership Sponsor First Amendment with Housing Development Corporation of SW Florida, Inc. d/b/a HELP for the SHIP Purchase Assistance Program strategy. Meeting Date: 06/08/2021 Prepared by: Title: Grants Coordinator – Community & Human Services Name: Lisa Carr 05/04/2021 5:54 PM Submitted by: Title: Manager - Federal/State Grants Operation – Community & Human Services Name: Kristi Sonntag 05/04/2021 5:54 PM Approved By: Review: Community & Human Services Jacob LaRow Additional Reviewer Completed 05/04/2021 6:14 PM Community & Human Services Leslie Davis Additional Reviewer Completed 05/05/2021 10:25 AM Community & Human Services Kristi Sonntag CHS Review Completed 05/07/2021 2:29 PM Community & Human Services Maggie Lopez Additional Reviewer Completed 05/07/2021 3:11 PM Operations & Veteran Services Kimberley Grant Additional Reviewer Completed 05/10/2021 9:50 AM Public Services Department Todd Henry Public Services Department Completed 05/10/2021 2:15 PM Grants Erica Robinson Level 2 Grants Review Completed 05/13/2021 7:31 AM County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 05/13/2021 9:48 AM Public Services Department Dan Rodriguez PSD Department Head Completed 05/15/2021 9:22 PM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 05/17/2021 9:51 AM Office of Management and Budget Laura Wells Level 3 OMB Gatekeeper Review Completed 05/17/2021 10:05 AM Budget and Management Office Ed Finn Additional Reviewer Completed 05/17/2021 12:24 PM Grants Therese Stanley Additional Reviewer Completed 05/25/2021 2:08 PM County Manager's Office Sean Callahan Level 4 County Manager Review Completed 05/28/2021 2:11 PM Board of County Commissioners Geoffrey Willig Meeting Pending 06/08/2021 9:00 AM 16.D.10 Packet Pg. 1780 16.D.10.aPacket Pg. 1781Attachment: First Amendment-HELP (15788 : First Amendment - HELP) 16.D.10.aPacket Pg. 1782Attachment: First Amendment-HELP (15788 : First Amendment - HELP) 16.D.10.aPacket Pg. 1783Attachment: First Amendment-HELP (15788 : First Amendment - HELP) 16.D.10.aPacket Pg. 1784Attachment: First Amendment-HELP (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1785 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1786 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1787 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1788 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1789 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1790 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1791 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1792 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1793 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1794 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1795 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1796 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1797 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1798 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1799 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1800 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1801 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1802 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1803 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1804 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1805 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1806 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1807 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1808 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1809 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1810 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1811 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1812 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1813 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1814 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1815 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1816 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1817 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1818 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1819 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1820 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1821 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP) 16.D.10.b Packet Pg. 1822 Attachment: HELP AGREEMENT-Purchas Assistance (15788 : First Amendment - HELP)