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NSP 3 Grant Agreement olf- c 2 7 0� NEIGHBORHOOD STABILIZATION PROGRAM 3 GRANT AGREEMENT BETWEEN THE CITY OF MIAMI BEACH AND MIAMI BEACH COMMUNITY DEVELOPMENT CORPORATION This Agreement made and entered into this 9 day of 2012 (Effective Date), by and between the CITY OF MIAMI BEACH, a Florida municipal corporation having its principal office at 1700 Convention Center Drive, Miami Beach, Florida, 33139, (hereinafter referred to as "City "), and MIAMI BEACH COMMUNITY DEVELOPMENT CORPORATION, a not -for profit corporation having its principal office at 945 Pennsylvania Avenue, Miami Beach, Florida, 33139 (hereinafter referred to as "Sub- recipient "). WHEREAS, on September 8, 2010 the U.S. Department of Housing and Urban Development (HUD) announced funding provided under the Dodd -Frank Wall Street 'Reform and Consumer ProtectionAct,.creating the Neighborhood Stabilization Program 3 (NSP3); and . WHEREAS, on December 29, 2010, a copy of the Substantial Amendment was posted on the Office of Real Estate, Housing and Community Development website in accordance with HUD requirements and, on December 30, 2010, a notice of public hearing was published in The Miami Herald; and WHEREAS, on February 9, 2011, the City Commission adopted Resolution No. 2011- 27601, approving a Substantial Amendment to the City's FY2008 -2012 Consolidated Plan and FY2010 -2011 Action Plan to allocate $1,327,579 to the City's subrecipient, Miami Beach Community Development Corporation (MBCDC), for rehabilitation of Phase 1 of The London House Apartments,, located at 1965 Washington Avenue (the Project); and NOW, THEREFORE, in consideration of the mutual benefits contained herein, the City and Sub- recipient agree as follows: Section 1. Agreement Documents: Agreement documents shall consist of this Agreement and the following four (4) attachments, all of which are attached and incorporated in this Agreement: • Attachment I — Phase 1 Project Narrative, which contains a description of the Project. • Attachment II — Line Item Budget Dated January 7, 2011. Attachment III — HUD Funding Approval and Grant Agreement, dated March 8, 2011 • Attachment IV — Applicable Federal Regulations. Section 2. Statement of Work: Sub - recipient agrees to implement the Project in accordance with Attachments I and 11, and as summarized as follows: The London House Apartments located at 1965 Washington Avenue, .Miami Beach, FL 33139 (also referred to as the "Property "). Phase 1 Rehabilitation of six (6) multi - family units Section 3. Agreement Amount: Subject to the availability of funds, the City agrees to make available ONE MILLION, THREE HUNDRED TWENTY -SEVEN THOUSAND, FIVE HUNDRED SEVENTY -NINE DOLLARS ($1,327,579) for use by the Sub - recipient during the Term of the Agreement (hereinafter, the aforestated amount including, without limitation, any additional amounts included thereto as a result of a subsequent amendment(s) to the Agreement, shall be referred to as the "Funds "). Section 4. Alterations: Any proposed changes in the Project including, without limitation, the Budget in Attachment II, shall first be submitted, reviewed, and approved, in writing, by the City Manager, which approval, if given at all, shall be at his /her sole reasonable judgment and discretion. `1 Section 5. Method of Payment and Reporting Requirements: MBCDC may request a drawdown of a portion of the Funds for the expected cash needs within the first three (3) months of the Term (as defined herein), in accordance with the projections itemized in Attachment 1 -B. Any advance payment is subject to Federal OMB Circulars A -87, A- 10, A -22, and the Cash Management Improvement Act of 1990. During the Term, Sub recipient shall submit quarterly Project progress reports to the City on the 10 day of January, April, July, and October, respectively. Reporting forms to be used in fulfillment of this requirement shall be provided by the Program Monitor. Sub - recipient shall also submit a Project close -out report (Final Report), thirty (30) days after completion of the Project ( "completion" being herein defined as the issuance of a final Certificate of Use (CO) or Certificate of Occupancy,(CC), covering the agreed -upon Project goals and objectives; expenditures during the term; and performance data on client feedback. Other reporting requirements may be required by the City Manager in the event of Project changes; the need for additional information or documentation arises; and /or legislative amendments are enacted. Reports and /or requested documentation not received by the due date shall be considered delinquent and may be cause for default and termination of this Agreement, pursuant to Section 12 hereof. Section 6. Monitoring: At its discretion, the City may schedule at. least one (1) annual on -site monitoring visit with the Sub - recipient to evaluate the progress of the Project, and /or to provide technical assistance. At the City's option, a desk top review of the activities may be conducted in lieu of an on -site visit. Section 7. Additional Conditions and Compensation: The parties acknowledge that the Funds originate from NSP3 grant funds from HUD, and must be implemented in full compliance with all of HUD's rules and regulations. In the event of curtailment or non- production of said federal funds, the financial sources necessary to continue to pay the Sub- recipient all or any portions of the Funds will not be available. In that event, the City may terminate this Agreement, which termination shall be effective as of the date that it is determined by the City Manager, in his /her sole discretion and judgment, that the Funds are no longer available. In the event of such termination, the Sub - recipient agrees that it will not look to, nor seek to hold the City, nor any individual member of the City Commission and /or City Administration, personally liable for the performance of this Agreement, and the City shall be released from any further liability to Sub - recipient under the terms of this Agreement. Section 8. Compliance with Local, State and Federal Regulations - The Sub - recipient agrees to comply_ with all applicable Federal regulations as they may apply to Project administration and to carry out each activity in compliance with the laws and regulations as described in 24 CFR 570 Subpart K, as same may be amended from time to time. Additionally, the Sub - recipient will comply with all State and local (City and County) laws and ordinances hereto applicable. It shall be the Sub - recipient's sole and absolute responsibility to continually familiarize itself with any and all such applicable Federal, State, County, and City regulations, laws, and /or ordinances. Section 9. Restrictions for Certain Resident Aliens - Certain newly legalized aliens, as described in 24 CFR Part 49, are not eligible to apply for benefits under covered activities funded by the NSP3 Program. "Benefits" under this section means financial assistance, public services, jobs, and access to new or rehabilitated housing and other facilities made. available under activities funded by the NSP3 Program. "Benefits" do not include relocation services and payments to which displacees are entitled by law. 2 , Section 10. Assignment/Subcontract: No part of this Agreement may be assigned or subcontracted without the prior written consent of the City, which consent, if given at all, shall be at the City's sole discretion and judgement. Section 11. Term: This Agreement shall commence following execution by all parties, as referenced in the date on page 1 of the Agreement (the Effective Date), and shall terminate on March 8, 2014, (the Term), with the understanding that the end of the Term shall also be the end of the expenditure deadline, as mandated by the Funds Agreement between HUD and the City, dated March 8, 2011, Attachment III; and that no funds will be available thereafter. The Sub - recipient shall expend 50% of the Funds prior to March 8, 2013, and the remaining balance prior to the end of the Term. Any costs incurred by the Sub - recipient prior to the Effective Date which were not approved by the City, will not be reimbursed by the City. Section 12. Termination of Agreement: 12.1 Termination for Convenience: This Agreement may be terminated by the City, for convenience and without cause, through the City Manager, upon 30 days prior written notice to Sub- recipient. In the event of such termination for convenience, the City shall cease any payments to Sub - recipient for costs resulting from obligations which were not approved before the effective date of termination. Sub- recipient shall be solely responsible for immediately returning any unused or unapproved Funds as of the date of termination, and shall also be solely responsible for submitting a final report, as provided in Section 5 hereof, (detailing all Project objectives, activities and expenditures up to the effective date of termination). Said final report shall be due within five (5) working days following the effective date of termination. Upon timely receipt of Subrecipient's final report, the City, at its sole discretion, shall determine the amount (if any) of any additional portion of the Funds to be returned to the City as a result of any unapproved or unused Funds s, or incomplete Project items, and shall provide Sub - recipient with written notice of any monies due. Said additional monies shall be due and payable immediately upon 'receipt of such notice by Sub - recipient. Notwithstanding the preceding, the City reserves any and all legal rights and remedies it may have with regard to recapture of all or any portion of the Funds, or any assets acquired or improved in whole or in part with said Funds. 12.2 Termination for Cause: Notwithstanding Subsection 12.1 above, the City may also terminate this Agreement for cause. ".Cause" shall include, but not be limited to the following: a. failure to comply and /or perform, in accordance with the terms of this Agreement, or any Federal, State, County or City law, or regulation. b. Submitting reports to the City which are late, incorrect, or incomplete in any material respect. C. Implementation of this Agreement, for any reason, is rendered impossible or infeasible. d. Failure to respond in writing to any concerns raised by the City, including substantiating documents when required /requested by the City. e. Any evidence of fraud, mismanagement, and /or waste, as determined by the City's monitoring and applicable HUD rules and regulations. The City shall notify the Sub - recipient in writing when the Sub - recipient has been placed in default. Such notification shall include: (i) actions taken by or to be taken by the City, such as withholding of payments; (ii) actions to be taken by the Sub- recipient as a condition precedent to curing the default; and (iii) a reasonable cure period, which shall be no less than thirty (30) days from notification date. In the 3 event the Sub - recipient fails to cure such default within the aforestated cure period, this Agreement shall be considered terminated for cause, without requiring further notice to Sub - recipient, and Sub- recipient shall be solely responsible for repayment to the City of all or any portion of the Funds disbursed to Sub - recipient, as deemed required by the City, in its sole and reasonable discretion. Said monies shall be immediately due and payable by Sub - recipient. Notwithstanding the preceding, the City, reserves any and all legal rights and remedies it may have with regard to recapture of all or any portion of the Funds, or any assets acquired or improved in whole or in part with said Funds. 12.3 Termination for. Lack.of Funds: In the event of curtailment of, or regulatory constraints placed on the Funds by HUD, this Agreement will terminate, effective . as of the time that it is determined by the City Manager that such Funds are no longer available. Costs of the Sub - recipient incurred after termination are not allowable unless expressly authorized in writing by the City Manager (whether in the notice of termination or subsequent thereto), and, in that case, may only be allowable if, in the sole discretion of the City Manager: a. The costs resulted from obligations which were properly incurred before the effective date of termination, were not in anticipation of it, and are noncancelable; and b. The costs would be allowable if the Agreement expired normally at the end of its Term. Section 13. Equal Employment Opportunities: The Sub - recipient shall comply with equal employment opportunities as stated in Executive Order 11246, entitled "Equal Employment Opportunity" as amended Executive Order 11375, and as supplemented in Department of Labor regulations. Section 14. Program income: The Sub - recipient, or any City approved successor in interest thereto, including without limitation, a 'limited liability company who has taken title to the Property, shall submit yearly independent audits regarding Program Income (as such term is defined under applicable Federal . regulations) to the City. The cost of the yearly independent audits shall be paid by the entity from its operating expenses. Any remaining Program Income shall be returned to the City and utilized for NSP3 activities. Section 15. Religious Organization or Owned Property: NSP3 funds may be used by religious organizations or on property owned by religious organizations only with prior written approval from the City Manager, and only in accordance -with requirements set in 24 CFR §570.2000).. The Sub - recipient shall comply with First Amendment Church /State principles, as follows: a. It will not discriminate against any employee or applicant for employment on the basis of religion and will not limit employment or give preference in employment to persons on the basis of religion. b. It will not discriminate against any person applying for public services on the basis of religion and will not limit such services or give preference to persons on the basis of religion. c. It will retain its independence from Federal, State, and local governments, and may continue to carry out its mission, including the definition, practice, and expression of its religious beliefs, provided that it does not use direct NSP3 funds to support any inherently religious activities, such as worship, religious instruction, or proselytizing. d. The Funds shall not be used for the acquisition, construction, or rehabilitation of structures to the extent that those structures are used for inherently religious activities. Where a structure is used for both eligible and inherently religious activities, NSP3 funds may not exceed the cost of those portions of the acquisition, construction, or rehabilitation that are attributable to eligible activities in accordance with the cost 4 accounting requirements applicable to NSP3 funds in this part. Sanctuaries, chapels, or other rooms that a NSP3- funded religious congregation uses as its principal place of worship, however, are ineligible for NSP3- funded improvements. Section 16. Reversion of Assets: In the event of a termination of this Agreement, or upon expiration of the Agreement, and in addition to any and all other remedies available to the City (whether under this Agreement, or at law or in equity), the Sub - recipient shall immediately transfer to the City any Funds on hand at the time of termination (or expiration) and any accounts receivable attributable to the use of Funds. The City's receipt of any Funds on hand at the time of termination, shall not waive the City's right (nor excuse Sub - recipient's obligation) to recoup all or any portion of the Funds, as the City may deem necessary. Any real property under the Sub - recipient's control that was acquired or improved in whole or in part with NSP3 funds (including NSP3 funds provided to the Sub - recipient in the form of a loan) in excess of $25,000 must either: a. Be used to meet one of the national objectives in 24 CFR 570.208 (formerly section 570.901) until five years after expiration of the term of this Agreement, or for such longer period of time as determined to be appropriate by the City and as memorialized by the City and Sub- recipient in an amendment to this Agreement or such instrument as the City, at its discretion, determines appropriate; or b. If not used in accordance with the above subsection (a), the Sub - recipient shall pay to the City an amount equal to the current market value of the property less any portion of the value attributable to expenditures of non -NSP3 funds for the acquisition of, or improvement to, the property. No payment shall be required after the compliance with the affordability requirement for the period of time specified in subsection (a). Section 17. Conformity to HUD regulations: The Sub - recipient agrees to abide by guidelines set forth by HUD for the administration and implementation of the NSP3 Program, including applicable Uniform Administrative Requirements set forth in 24 CFR 570.502, and applicable federal laws and regulations in 24 CFR 570.600, et seq. In this regard, the { Sub- recipient agrees that duly authorized representatives of HUD shall have access to any books, documents, papers and records of the Sub- recipient that are directly pertinent to this Agreement for the purpose of making audits, examinations, excerpts and transcriptions. The Sub - recipient shall comply with the requirements and standards of OMB Circular No. A -122, "Cost Principles for Non - profit Organizations ", or OMB Circular No. A -21, "Cost Principles for Educational Institutions" as applicable. The Sub - recipient shall comply with the following provisions of the Uniform Administrative requirements of OMB Circular A -110 (implemented at 24 CFR Part 84, "Uniform Administrative Requirements for Grants and Agreements With Institutions of Higher Education, Hospitals, and Other Non - Profit Organizations ") or the related NSP3 provision, as specified in this section: a. Subpart A - "General''; b. Subpart B - "Pre -Award Requirements ", except for 084.12, "Forms for Applying for Federal Assistance"; C. Subpart C - "Post -Award Requirements ", except for: (1) Section 84.22, "Payment Requirements" - Grantees shall follow the standards of ❑❑ 85.20(b)(7) and 85.21 in making payments to sub - recipients; (2) Section 84.23, "Cost Sharing and Matching "; . 5 f G (3) Section 84.24, "Program Income" - In lieu of ❑ 84.24, NSP3 sub - recipients shall follow ❑ 570.504; (4) Section 84.25, "Revision of Budget and Program Plans'; (5) Section 84.32, "Real Property" - in lieu of ❑84.32, NSP3 sub - recipients shall follow ❑ 570.505; (6) Section 84.34(g), "Equipment" - In lieu of the disposition provisions of ❑ 84.34(g), the following applies: a. In all cases in which equipment is sold, the proceeds shall be program income (pro -rated to reflect the extent to which NSP3 funds were used to acquire the equipment); and b. Equipment not needed by the sub - recipient for NSP3 activities shall be transferred to the recipient for the NSP3 program or shall be retained after compensating the recipient; (7) Section 84.51(b), (c), (d), (e), (f), ,(g), and (h), "Monitoring and Reporting Program Performance "; (8) Section 84.52, "Financial Reporting'; (9) Section 84.53(b), "Retention and access requirements for records ". Section 84.53(b) applies with the following exceptions: a. The retention period referenced in ❑ 84.53(b) pertaining to individual NSP3 activities shall be four years; and b. The retention period starts from the date of submission of the annual performance and evaluation report, as prescribed in 24 CFR 91.520, in which the specific activity is reported on for the final time rather than from the date of submission of the final expenditure report for the award; (10) Section 84.61, "Termination" - In lieu of the provisions of ❑ 84.61, NSP3 subrecipients shall comply with ❑ 570.503(b)(7); and d. Subpart D "After- the -Award Requirements" - except for ❑ 84.71, "Closeout Procedures ". Section 18. Sponsorships: The Sub - recipient agrees that all notices, informational pamphlets, press releases, advertisements, descriptions of the sponsorship of the Program, research reports, and similar public notices prepared and released by the Sub - recipient for, on behalf of, and /or about the Project, shall include the statement: "FUNDED BY THE CITY OF MIAMI BEACH NEIGHBORHOOD STABILIZATION PROGRAM 3" In written materials, the words "CITY OF MIAMI BEACH NEIGHBORHOOD STABILIZATION PROGRAM 3 FUNDS ADMINISTERED BY THE CITY OF MIAMI BEACH OFFICE OF REAL ESTATE HOUSING AND COMMUNITY DEVELOPMENT DEPARTMENT" shall appear in the same size letters or type as the name of the Sub - recipient. 6 Section 19. Examination of Records: The Sub - recipient shall maintain sufficient records in accordance with 24 CFR 570.502 and 570.506 to determine compliance with the requirements of this Agreement, the NSP3 Program, and all other applicable laws and regulations. This documentation shall include, but not be limited to, the following: a. Books, records and documents in accordance with generally accepted accounting principles, procedures and practices, which sufficiently and properly, reflect all revenues and expenditures of funds provided directly or indirectly by this Agreement, including matching funds and Program Income. These records shall be maintained to the extent of such detail as will properly reflect all net costs, direct and indirect labor, materials, equipment, supplies and services, and other costs and expenses of whatever nature for which reimbursement is claimed under the provisions of this Agreement. b. Time sheets for split- funded employees, which work on more than one activity, in order to record the NSP3 activity delivery cost by Project and the non -NSP3 related charges. C. How the Statutory National Objective(s) as defined in 24 CFR 570.208 and the eligibility requirement(s) under which funding has been received, have been met. These also include special requirements such as necessary and appropriate determinations as defined in 24 CFR 570.209, income certifications, and written Agreements with beneficiaries, where applicable. The.Sub- recipient is responsible for maintaining and storing all records pertinent to this Agreement in an orderly fashion in a readily accessible, permanent and secured location for a period of four (4) years after expiration of this Agreement, with the following exception: if any litigation, claim or audit is started before the expiration date of the four (4) year period, the records will be maintained until all litigation, claims or audit findings involving these records are resolved. The City shall be informed in writing after closeout of this Agreement, of the address where the records are to be kept. Section 20. Audits and Inspections: At any time during normal business hours, and as often as the City (and /or its representatives) may deem necessary, the Sub - recipient shall make available all records, documentation, and any other data relating to all matters covered by the Agreement, for review, inspection or audit. Audits shall be conducted annually and shall be submitted to the City 180 days after the end of the Sub - recipient's fiscal year. The Sub - recipient shall comply with the requirements and standards of OMB A -133, "Audits of Institutions of High Education and Other Non - Profit Institutions" (as set forth in 24 CFR Part 45), or OMB Circular A -128, "Audits of State and Local Governments" (as set forth in 24 CFR Part 44), as applicable. If this Agreement is closed -out prior to the receipt of an audit report, the City reserves the right to recover any disallowed costs identified in an audit after such closeout. Section 21. Indemnification /Insurance Requirements: The Sub - recipient shall indemnify and hold harmless the City, its officers, employees and agents, from any and all claims, liability, losses and causes of action which may arise out of an act, omission, negligence or misconduct on the part of the Sub - recipient, or any of its agents, officers, servants, employees, contractors, patrons, guests, clients, licensees, invitees, or any persons acting under the direction, control, or supervision of Sub - recipient, pursuant to this Agreement and /or the Project. The Sub - recipient shall pay all claims and losses of any nature whatsoever in connection therewith and shall defend all suits in the name of the City, and shall pay all costs (including attorney's fees) and judgements which may issue thereon. This Indemnification shall survive the termination and /or expiration of this Agreement. The Sub - recipient shall not commence any work and /or services pursuant to this Agreement until all insurance required under this Section has been obtained and the City's Risk Manager has approved such insurance. In the event evidence of such insurance is not forwarded to the City's Risk Manager within thirty (30) days after the commencement date of the Term, this Agreement shall automatically terminate and become null and void, and the City shall have no obligation under the terms and conditions hereof. The Sub - recipient shall maintain and carry in full force during the Term of this Agreement, and /or throughout the duration of the Project contemplated herein, whichever is longer, the following insurance: a. General Liability Policy with coverage for Bodily Injury and Property Damage, in the amount of $1,000,000 single limit, subject to adjustment for inflation. The policy must include coverage for contractual liability to cover the above indemnification. b. Worker's Compensation and Employers Liability, as required pursuant to Florida Statutes. C. Automobile and vehicle coverage shall be required when the use of automobiles and other vehicles are involved in any way in the performance of the Agreement. Limits for such coverage shall be in the amount of $500,000, subject to adjustment for inflation. The City of Miami Beach shall be named as an additional insured under all such insurance contracts. Thirty- (30) day written notice of cancellation or substantial modification of the insurance coverage must be given to the City's Risk Manager by the Sub - recipient and its insurance company. The insurance must be furnished by insurance companies authorized to do business in the State of Florida, and approved by the City's Risk Manager. The companies must be rated no less than "B +" as to management, and not less than "Class VI" as to strength by the latest edition of Best's Insurance Guide, published by A.M. Best Company, Oldwick, New Jersey, or its equivalent, subject to the approval of the City's Risk Manager. Original Certificates of Insurance for the above coverage must be submitted to the City's Risk Manager for approval prior to any work commencing. These certificates will be kept on file in the Office of the Risk Manager, Third Floor City Hall. The City shall have the right to obtain from the Sub - recipient specimen copies of the insurance policies, in the event that submitted Certificates of Insurance are inadequate to ascertain compliance with required coverage. Compliance with the foregoing requirements shall not relieve the Sub - recipient of its obligation to indemnify and hold the City harmless, as required in this section. Section 22. Conflict of Interest: The Sub - recipient covenants that no person under its employ who presently exercises any functions or responsibilities in connection with community development funded activities has any personal financial interests, direct or indirect, in this Agreement. The Sub - recipient covenants that in the performance of this Agreement, no person having such conflicting interest shall be employed. The Sub- recipient covenants that it will comply with all provisions of 24 CFR 570.611 "Conflict of Interest ", and the, State, County and.City of Miami Beach statutes, regulations, ordinances or resolutions governing conflicts of interest. The Sub - recipient shall disclose, in writing, to the City any possible conflicting interest or apparent impropriety that is covered by the above provisions. This disclosure shall occur immediately upon knowledge of such possible conflict. The City will then render an opinion, which shall be binding on both parties. Section 23. Venue: This Agreement shall be governed by, and construed in accordance with, the laws of the State of Florida, both substantive and remedial, without regard to principles of conflict of laws. The exclusive venue for any litigation arising out of this Agreement shall be Miami -Dade County, Florida, if in state court, and the U.S. District Court, Southern District of Florida, if in federal court. BY ENTERING INTO THIS AGREEMENT, CITY 8 AND SUB- RECIPIENT EXPRESSLY WAIVE ANY RIGHTS EITHER PARTY MAY HAVE TO A TRIAL BY JURY OF ANY CIVIL LITIGATION RELATED TO, OR ARISING OUT OF, THIS AGREEMENT. Section 24. Notices: All notices required under this Agreement shall be sent to the parties at the following address: City: Anna Parekh, Director Office of Real Estate, Housing and Community Development City of Miami Beach 1700 Convention Center Drive, Miami Beach, FL 33139 Sub- recipient: Roberto Datorre, President Miami Beach Community Development Corporation 945 Pennsylvania Avenue Miami Beach, FL 33139 Section 25. Limitation of Liability: The City desires to enter into this Agreement only if in so doing the City can place a limit on City's liability for any cause of action for money damages due to an alleged 'breach by the City of this Agreement, so that its liability for any such breach never exceeds the sum of $10,000. Sub - recipient hereby expresses its willingness to enter into this Agreement with Sub - recipient's recovery from the City for any damage action for breach of contract to be limited to a maximum amount of $10,000. Accordingly, Sub - recipient hereby agrees that the City shall not be liable to Sub - recipient for damages in an amount in excess of $10,000, for any action or claim for breach of contract arising out of the performance or nonperformance of any obligations imposed upon the City by this Agreement. Nothing contained in this subparagraph or elsewhere in this Agreement is in any way intended to be a waiver of the limitation placed upon City's liability as set forth in Florida Statutes, Section 768.28. Section 26. Developer Fee: Per HUD Guidance on Developers, Sub - recipients, and Contractors, dated August 27, 2010, (Attachment V) sub - recipients many not earn a developer's fee. The Sub - recipient was not publicly procured therefore Sub - recipient is not classified as a Developer and may not collect any NSP3 funds for Developer fees. Section 27. Retainage: The City shall retain 10% from all draws paid pursuant to payment reimbursement requests from Sub - recipient. Section 28. Cancelled Check Documentation: Sub - recipient shall submit copies of cancelled checks with all payment reimbursement requests, as a condition to, and prior to receiving payment from the City. Section 29. This Agreement shall be binding upon all parties hereto and their respective heirs, executors, administrators, successors and assigns. 9 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their duly authorized officials on the day and date first above indicated. MIAMI BEACH COMMUNITY DEVELOPMENT CORPORATION a Florida not - for - profit corporation ATTEST: �ec a ary Signatu Roberto Datorre, President Pr nt :Name Print Name and Title CITY OF MIAMI BEACH a Florida Municipal corporation ATTEST: /6 jX* J-t -- - eler U ayor Rafa. Granado City �P \v ` .. ...... F: \RHCD \$ALL \HSG- CD\ALL \NSP 3 \MBC � C\NSPI��C t v dqt 26' APPROVED AS TO FORM & LANGUAGE 4 1& LFOR CUTION me� r Date 10 ATTACHMENT I LONDON HOUSE APARTMENTS PHASE I — PROJECT NARRATIVE 1965 NVASHINGTON ANNE The London House Apartments, a contributing structure in the National Register Miami Beach Architectural District located at 1965 — 1975 Washington Avenue the structure is situated in the Museum Historic District, it was built in 1948 as a two and three- story, Miami Modern apartment hotel building it was designed by Robert M. Little. The Building now serves as a rental apartment building with 8 studio apartments and 2 one bedroom apartments, MBCDC has retained Architecture Works to redesign the building and reduce the density to 6 larger units in a combination of studios and 3- bedroom apartments. When finished The London House Apartments Phase 1 will have 6 units that will serve low - income work force household families meeting the national and local objective of providing larger housing units to serve low income households. The building was purchased by Miami ,Beach Community Development Corporation in 2007 with funds from the City of Miami Beach Redevelopment Agency. Rehabilitation of the London House Phase 1 will include the exterior rehabilitation of the original historic elements, such as the facade, the complete ground level terrace with ornaments, the second and third -floor open walkways and new exterior windows and doors. 'A significant aspect of the renovation includes the effort to provide one, two and, three . bedroom apartments to serve low income families. The complete interior rehabilitation includes new HNAC systems, electrical and plumbing systems. Structural rehabilitation will also be part of the scope of work for this project including concrete work at tie- beams and columns and new framing where needed also a new roof system will be installed and the whole structure will be retrofitted to meet the protocol for high velocity hurricane zones as described in the South Florida Building Code. These units will provide affordable housing to low - income families of Miami Beach. The sidewalk areas and outdoor recreation areas will be constructed so that manual- and powered wheelchairs can navigate them easily and encourage residents to venture out into their neighborhood. The project will promote both energy efficiency and construction efficiency. Additionally, the project will use insulated window glazing and gas hydronic heat to further promote conservation. All exterior walls and ceilings will be insulated to meet or exceed code requirements and interior tenant separation walls will receive sound insulation. Other areas in which energy conscious design features will be _ implemented are: water closets at all toilets will be 1.6 gallon fixtures. The faucets will have built -in flow restrictors to lower water consumption. All of the appliances Nvill be of an energy savings type as well. Energy efficient light fixtures and corresponding bulbs will be used as much as possible as well as energy efficient appliances. ATTACHMENT ENT [! I MBCDC:.LONDON HOUSE APARTMENTS - LIME ITEM BUDGET 01/07/2011 BUDGET PHASE 1 PHASE 2 SOURCES 4,794,389.00 USES TOTAL 1965 WASHINGTON 1975 WASHINGTON SOFT COSTS ACQUISITION CLOSING COSTS 21,852.00 0.00 21,852.00 OTHER CLOSING COSTS 5,000.00 5,000.00 0.00 < CONSTRUCTION INTEREST 70,000.00 0.00 70,000.00 INSPECTION FEES 10,000.00 3,500.00 6,500.00 APPRAISAL 2,500.00 875.00 1,625.00 SURVEY 400.00 200.00 200.00 ARCHITECTURAL FEES 120,000.00 40,000.001 80,000.00 ARCHITECTURAL FEES RE DESIGN 50,000.00 30,000.00 20,000.00 ENGINEERING 3,000.00 1,000.00 2,000.00 ENVIROMENTAL 10,000.00 5,000.00 5,000.00 INSURANCE BUILDER'S RISK 50,000.00 17,500.00 32,500.00 LEGAL EXPENSES 3,000.00 1,000.00 2,000.00 PERMITS FEE 10,000.00 3,500.00 6,500.00 PROPERTY TAXES 61,181.00 21,413.00 39,768.00 EXTERMINATING 1,200.00 0.00 1,200.00 SITE UTILITIES 15,000.00 5,000.00 10,000.00 CONTINGENCIES 16,000.00 16,000.00 0.00 CONSULTING 6,000.00 2,000.00 4,000.00 DEV. FEES & PROJECT MANAGEMENT 573,181.00 25,482.00 547,699.00 TOTAL SOFT COSTS 1,028,314.00 177,470.00 850,844.00 HARD COSTS GENERAL COND. SUPERINTENDENT 96,000.00 33,600.00 62,400.00 GENERAL COND. PROJECT MANAGER 65,000.00 22,750.00 42,250.00 GENERAL LABOR 35,000.00 12,250.00 22,750.00 TELEPHONE 2,400.00 840.00 1,560.00 TEMPORARY POWER / UTILITIES 3,200.00 1,120.00 2,080.00 SMALL TOOLS 3,500.00 1,225.00 2,275.00 WATER & ICE 1,040.00 364.00 676.00 MOBILIZATION & SET UP 4,500.00 1,575.00 2,925.00 TRUCK & AUTO ALLOWANCE 9,100.00 3,185.00 5,915.00 PERFORMANCE BOND 60,000.00 21,000.00 39,000.00 BLUE PRINTS REPRODUCTIONS 700.00 245.00 455.00 CLEANING FINAL CLEANING 6,500.00 2,275.00 4,225.00 DUMPSTERS 14,000.00 5,000.00 9,000.00. QUALITY CONTROL PUNCH LIST 3,500.00 1,225.00 2,275.00 TEMPORARY TOILETS 1,350.00 472.50 877.50 THRESHOLD INSPECTOR 15,000.00 7,000.00 8,000.00 MATERIAL TESTING 2,500.00 875.00 1,625.00 )OBSITE SIGN 650.00 0.00 650.00 MAIN OFFICE COURIER SERVICE 400.00 140.00 260.00 OSHA REQUIEREMENTS 3,750.00 1,750.00 2,000.00 SELECTIVE DEMOLITION 29,500.00 10,325.00 19,175.00 FINAL GRADING 2,650.00 927.50 1,722.50 COMPACTION & SOIL DENSITY TEST 2,950.00 1,032.50 1,917.50 TERMITE CONTROL SOIL PREP 1,700.00 595.00 1,105.00 HELICAL PILES 0.00 0,00 0.00 WATER FIRE LINE 15,500.00 6,500.00 9,000.00 WATER NEW 2" SERVICE 6,750.00 2,750.00 4,000.00 FENCES & GATES 9,000.00 3,000.00 6,000.00 IRRIGATION 4,950.00 1,950.00 3,000.00 LANDSCAPING 15,500.00 5,500.00 10,000,00 CONCRETE CELLS 25,000.00 10,000.00 15,000.00 PRECAST CONCRETE 2,250.00 500.00 1,750.00 GUNITE RESTORATION 39,900.00 19,900.00 20,000.00 CONCRETE FLOORING (GYPCRETE) 37,400.00 13,090.00 24,310.00 V STRUCTURAL STEEL 17,200.00 6,020.00 11,180.00 ELANEOUS STEEL GUARDRAILS 28,000.00 20,000.00 8,000.00 NGS 15,000.00 5,000.00 10,000.00 H CARPENTRY 200,000.00 90,000.00 110,000.00 TRIM CARPENTRY 8,750.00 3,062.50 5,687.50 CABINETRY / VANITIES 55,500.00 20,000.00 35,500.00 WATERPROOFING CAULKING 4,500.00 1,500.00 3,000.00 ROOFING 103,000.00 26,000.00 77,000.00 METAL DOORS & FRAMES 6,580.00 2,580.00 4,000.00 WOOD DOORS & FRAMES 8,000.00 2,000.00 6,OD0.00 ENTRANCE DOORS 5,000.00 3,000.00 2,000.00 WINDOWS 155,000.00 52,000.00 103,000.00 ROOF HATCH 980.00 0.00 980.00 HARDWARE 12,700.00 3,700.00 9,000.00 " MIRRORS / MEDICINE CABINETS 4,000.00 1,000.00 3,000.00 STUCCO & MOLDINGS 50,000.00 20,000.00 30,000.00 GYPSUM WALLBOARD SYSTEMS 242,000.00 95,000.00 147,000.00 FIRE RATING 16,000.00 6,000.00 10,000.00 CERAMIC TILE AT BATHROOMS 22,000.00 4,500.00 17,500.00 CERAMIC TILE AT LIVING AREAS 160,000.00 70,000.00 90,000.00 WINDOW SILLS 16,000.00 6,000.00 10,000.00 BASEBOARDS 27,000.00 7,000.00 20,000.00 PAINTING 30,000.00 8,000.00 22,000.00 SIGNAGE 500.001 150.00 350.00 MAILBOXES 750.00 0.00 750.00 CLOSET WIRE SHELVING 4,500.00 1,500.00 3,000.00 TOILET ACCES. (ADA BATHROOMS) 3,200.00 1,200.00 2,000.00 TOILET ACCES. (STANDARD) 8,000.00 1,000.00 7,000.00 RENTAL EQUIPMENT 62,050.00 21,717.50 40,332.50 KITCHEN APPLIANCES 80,000.00 20,000.00 60,000.00 ELEVATOR 169,000.00 0,00 169,000.00 FIRE PROTECTION / SPRINKLERS 165,000.00 57,750.00 107,250.00 PLUMBING 250,000.00 100,000.00 150,000.00 FIRE EXTINGUISHERS 1,430.00 430.00 1,000.00 H/VAC 188,000.00 37,600.00 150,400.00 ELECTRICAL 298,000.00 104,300.00 193,700.00 FIRE ALARM SYSTEM 110,000.00 38,500.00 71,500.00 LIABILITY INSURANCE 3,810.98 1,810.98 .2,000.02 CONTRACTOR'S OVERHEAD 204,878.00 71,707.30 133,170.70 CONTRACTOR'S FEE 128,606.02 45,012.10 83,593.90 SUB TOTAL HARD COSTS 3,386,075.00 1,148,001.88 2,238,073.12 Contingency 380,000.00 280,000.00 100,000.00 TOTAL HARD COSTS 3,766,075.00 1,428,001.88 2,338,073.12 TOTAL DEVELOPMENT COSTS 4,794,389.00, TOTALS / PHASE s ._ 1,505,471.88 3,188,917.12 . SOURCES AMOUNT PHASE 1 PHASE 2 OCED CDBG RFA 2009 408,482.00 175,300.00 233,182.00 CITY OF MIAMI BEACH RDA 102,582.00 0.00 102,582.00 US HUD EDI 431,600.00 102,592.88. 329,007.12 CMB HOME 11/12 934,064.00 0.00 934,064.00 NSP 3 1,327,579.00 1,327,579.00 0.00 HISTORIC TAX CREDIT 950,000.00 0.00 950,000.00 COUNTY G.O. BONDS 400,000.00 0.00 400,000.00 BANK 240,082.001 0.001 240,082.00 TOTAL SOURCES 4,794,389.00 1,605,471.88 3,188,917.12 NOTES: PHASE 1 CONSTRUCTION TIME 12 MONTHS (48 WEEKS) FUNDS SECURED AFTER NSP APP. PHASE 2 CONSTRUCTION 16 MONTHS (64 WEEKS) AFTER SECURING FUNDING ATTACHMENT I I I FUNDING APPRO1 GRANT AGREEML4 NT FOR NEIGHBORHOOD STABILIZATION PROGRAM 3 (NSP3) FUNDS AS AUTHORIZED AND APPROPRIATED UNDER THE WALL STREET REFORM AND CONSU112ER PROTECTION ACT OF 2010, AMERICAN RECOVERY Al\TD REINVESTMENT ACT OF 2009 AND THE HOUSING AND ECONOMIC RECOVERY ACT OF 2008 (PUBLIC LANITS 111 - 203,111 -005 and 110 -289) NSP3 GRANTEE: Miami Beach NSP3 GRANT NUMBER: B- 11- 1\INT -12 -0039 NSP3 GRANT AMOUNT: $1,475,088.00 NSP3 APPROVAL DATE: 3 -8 -2011 NSP3 EXPENDITURE DEADLINE (2 YEAR): 3 -8 -2013 NSP3 EXPENDITURE DEADLINE (3 YEAR): 3 -8 -2014 GRANTEE DUNS NUMBER: 020546289 1. This Grant Agreement between the U.S. Department of Housing and Urban Development (HUD) and the city of Miami Beach (Grantee) is made pursuant to the authority of section 1497 of the Wall Street Reform and Consumer Protection Act of 2010 (Pub. L. 111 -203 (July 21, 2010)) (Dodd -Frank Act), title X1I of Division A of the American Recovery and Reinvestment Act of 2009 (Public Law 111 -5 (February 17, 2009)) (Recovery Act) and sections 2301 — 2304 of the Housing and Economic Recovery Act of 2008 (Public Law 110 -289 (July 30, 2008)) (HERA). The program established pursuant to section 2301 -2304 of HERA is known as the "Neighborhood Stabilization Program" or "NSP." The term "NSP2" refers to the second appropriation of NSP funds provided under the Recovery Act. The additional allocation under the Frank Dodd Act represents the thud round of Neighborhood Stabilization Program funding and is referred to as "NSP3." Notice of Formula Allocations and Program Requirements for Neighborhood Stabilization Program Formula Grants (Docket No. FR- 5447 -N -01, October 19, 2010) (NSP3 Notice); the Dodd -Frank Act; the Recovery Act; HERA; the Grantee's application for NSP3; the HUD regulations at 24 CFR Part 570 (as modified by the NSP3 Notice as now in effect and as may be amended from time to time) (Regulations); and this Funding Approval, including any special conditions, constitute part of the Grant Agreement. .In.the event of a conflict between a provision of the Grantee's Application and any provision of this Grant Agreement, the latter shall control. i I 2 i 2. The Grantee shall comply with reporting requirements established by HUD and OMB j(including all revisions to such reporthig requirements) and the Federal Funding Accountability and Transparency Act (Pub. L. 109 -282) (including implementing guidance). 3. Subject to the provisions of this Grant Agreement, HUD will make NSP3 Grant Funds in the amount of $1,475,088 available to the Grantee upon execution of this Grant Agreement by the parties. Of that amount, $368,772 must be used to house individuals or families whose incomes do not exceed 50 percent of area median income. pursuant to Dodd -Frank Act. The Grantee shall have 24 months from the date of HUD's execution of this Grant Agreement to expend half of the NSP3 Grant amount pursuant to the requirements of this Agreement, the Dodd -Frank Act, the Recovery Act, HERA and the NSP3 Notice, as amended. The Grantee shall have 36 months from the date of HUD's execution of this Grant Agreement to expend the total NSP3 Grant amount pursuant to the requirements of this Agreement, the Dodd -Frank Act, the Recovery Act, HERA and the NSP3 Notice, as amended. The NSP3 Grant Funds may be used to pay eligible costs I arising from eligible uses incurred after the NSP3 Approval Date provided the activities to which such costs are related are carried out in compliance with all applicable requirements. Pre -award planning and general administrative costs may not be paid with • funding assistance except as permitted in the NSP3 Notice, as amended. 'Other pre -award . costs may not be paid with funding assistance except as permitted by 24 CFR 570.200(h); for purposes of NSP3, such costs are limited to those incurred on or after the date that the NSP3 Notice was published by HUD. 4. The Grantee agrees to assume all of the responsibilities for environmental review, decisionmaking, and actions, as specified and required in regulations issued by the Secretary pursuant to section 104(g) of Title I of the Housing and Community Development Act, as amended (42 U.S.C..5304) and published in 24 CFR Part 58. { 5. The Grantee agrees that it will demolish or convent units using NSP3 funds only to the j extent and scope described in the NSP3 substantial amendment. The Grantee agrees that i under no circumstances will NSP3 funds be used to demolish any public housing (as defined in section 3 of the United States Housing Act of 1937 (42 U.S.C. 1437a)). 6. The Grantee agrees to comply with the Recovery Act provisions concenling ..tenant protections applicable to NSP3 acquisitions of foreclosed property. The Grantee must document its efforts to ensure that the initial successor in interest (ISII) in a foreclosed upon dwelling or residential real property (typically, the initial successor in interest in property acquired through foreclosure is the lender or trustee for holders of obligations secured by mortgage liens) has provided bona fide tenants with the notice and other protections outlined in the Recovery Act. The Grantee will not use NSP3 funds to finance the acquisition of property from any initial successor in interest that failed to comply with applicable requirements unless the Grantee assumes the obligations of such initial successor in interest with respect to bona fide tenants. If the Grantee elects to assume such obligations, it may only do so if the tenant is still occupying the property and will provide any tenant displaced as a result of the NSP3 funded acquisition with the a i I i i , I 3 i assistance outlined in 24 CFR 570.606, If the Grantee knows that the IS11 did not comply with the NSP tenant protection requirements and vacated the property contrary to the NSP requirements, NSP3 funds cannot be used to acquire such properties. 7. The Grantee further acknowledges its responsibility for adherence to all applicable terms and conditions of this grant award by sub- recipient entities and contractors, including . obtaining a DUNS number (or updating the existing DUNS record), and registering with the Central Contractor Registration. 8. This Grant Agreement may be amended only with the prior written approval of HUD. In considering proposed amendments to this Grant Agreement, HUD shall .also review, among other things, whether the amendment is otherwise consistent with the Dodd -Frank Act, the Recovery Act, HERA, the NSP3 Notice, as amended, and the Regulations. j 9. The Grantee may not amend its Grantee Submission other than as described above; i however, such amendments will be subject to the requirements of the NSP3 Notice and { any revisions HUD may make to the NSP3 Notice (or any successor Notice or regulation). 10. The Grantee must respond in writing to any citizen complaint within 15 working days, if feasible, and send a copy of the response to HUD. The Grantee shall at all times maintain an up -to -date copy of its Grantee Application, including all amendments approved by HUD, on its Internet website. Further, the Grantee shall maintain information on all j drawdowns, deposits, and expenditures of grant funds and program income under this Funding Approval and Grant Agreement and any other records required by 24 CFR 570.506 and the NSP3 Notice, as amended, in its files and shall make such information available for audit or inspection by duly authorized representatives of HUD, HUD's Office of the Inspector General, or the Comptroller General of the United States. 11. The Grantee is advised that providing false, fictitious or misleading information with respect to NSP3 Grant Funds may result in criminal, civil or administrative prosecution under 18 USC § 1001, 18 USC § 1343, 31 USC § 3729, 31 USC § 3801 or another applicable statute. i 12. Close -out of this grant shall be subject to the provisions of 24 CFR 570.509 or such close -out instructions as may hereafter be issued by HUD specifically for NSP3 grants. i j i I 4 This NSP3 Grant Agreement is binding with respect to HUD in accordance with its terms upon the execution by HUD in the space provided below, subject to execution on behalf of the Grantee. 1 i The United States Department of The Grantee Housing and Urban Development City of I\Iiami Beach I � G Signature of Authorized Official $i na Ke Au tho Name of Authorized Official Name of Authorized Official I Title of Authorized Official Title of Authorized Official Date of Signature Date of Signature Grantee Tax Identification Number I i I APPROVED AS TO FORM & LANGUAGE FnH EX CUTION Ci yA tollleW Gate I j I I ATTACHMENT IV Program Statutes and Reaula - ions Fsy sign a of this Agreement, the Contractor hereby certifies that it will. comply with the following applicable federal and state requirements: 1. Community Development Block Gant, Final Rule, 24 C.F.R., Part 570.602; 2. Florida Small and Minority Business Act, s. 288.702 - 288.714, F.S.; 3. Florida Coastal Zone Protection Act, s. 161.52- 161.58, F.S.; 4. Local Government Comprehensive Planning and Land Development Regulation Act, Ch. 163, F.S.; 5, Title I of the Housing and Community Development Act of 1974, as amended S. Treasury Circular 1075 regarding drawdown of NSP funds 7. Sections 290.0401- 290.049, F.S.; 8. Rule Chapter 913-76, Fla. Admin. Code.; 9. Department of Community Affairs Technical Memorandums; 10. HUD Circular Memorandums applicable to the Small Cities CDBG Program; 11 Single Audit Act of 1984; 12. National Environmental Policy Act of 1969 and other provisions of law which further the purpose of this Act; 13. National Historic Preservation Act of 1966 (Public LawSM65) as amended and Protection of Historic Properties (24 CFR Part 800); 14. Preservation of Archaeological and Historical Data Act of 19-35; 15. Executive Order. 11593 - Protection and Enhancement of Cultural Environment; 16. Reservoir Salvage Act; 17. Safe Drinking Water Act of 1974, as amended; 18. Endangered Spectres Act of 1958, as amended; 19. Executive Order 12898 - Environmental Justice 20. Executive Order 11988 and 24 CFR Par 55 - Floodptain Management 21. The Federal Water Pollution Control Act of 1972, as amended (33 U.S.C., S. 1251 et- seq.); 22. Executive Order 11990 - Protecti on of Wetlands; 23. Coastal Zone Management Act of 1908, as amended; 24..Vdld and Scenic Rivers Act of 1968, as amended; 25. Clean Air Act of 19T 26. HUD Environmental Standards (24 CFR Part 55); 27. Farmland Protection Policy Act of 1981; 28. Clean Water Act of 1977; 29. Davis - Bacon Wage Rate Act; 30. Contract Wort; Hours and Safety Standards Act of 1962, 40 U.S.C. s. 327 eL sea.; 31. The Wildlife Coordination Act of 1958, as amended; 32. The Solid Waste Disposal Act, as amended by the Resource Conservation and Recovery Act of 1975 (42 U.S.G., s. 6901 eL seq.); 33. Noise Abatement and Control: Departmental Policy Implementation, Responsibilities and Standards, 24 CFR Par 51, Subpar B, 34. Flood Disaster Protection Act of 1973, P.L. 92 -234; 35. Protection of Historic and Cultural Properties under HUD Programs, 24 CFR Par 59; 36. Coastal Zone Management Act of 1972, P.L. 92 -583; 37. Architectural and Construction Standards; 38. Architectural Barriers Act of 1968, 42 U.S.C. 4151; 39. Executive Order 11296, relating to evaluation of flood hazards; 40. Executive Order 11288, relating to prevention, control and abatement of water pollution; 41. Cost- Effective Energy Conservation Standards, 24 CFR Par 39; 42. Section 8 Existing Housing Quality Standards, 24 CFR Par 882; 43. Coastal Barrier Resource Act of 1982; 44. Federal Fair Labor Standards Act, 29 U.S.C., s. 201 et. seq.; 45. Title VI of the Civil Rights Act of 1964 - Non - discrimination; 46. Title VII of the Civil Rights Act of 1968 - Non - discrimination in housing; 47. Age Discrimination Act of 9975; 48. Executive Order 12892- Fair Housing 49. Section 109 of the Housing and Community Development Act of 1974, Non - discrimination; 50. Section 504 of the Rehabilitation Act of 1973 and 24 CFR Part 8; 51. Executive Order 11063 - Equal Opportunity in Housing; 52. Executive Order 11246 - Non - discrimination; 53. Section 3 of the Housing and Urban Development Act of 1968, as amended - Employment/Training of Lower Income Residents and Local Business Contracting; 54. Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970, P.L., 10D -17, and 49 CFR Part 24; 55. Copeland Anti- Kickback Act of 1934; 56- Hatch Act; 57. Title IV Lead -Based Paint Poisoning Prevention Act (42 U.S.C., s. 1251 et. seq.); 58. OMB Circulars A -87, A -102, A -122, and A -133, as revised; 59. Administrative Requirements for Grants, 24 CFR Part 85; 6D. Section 102 of the Department of Housing and Urban Development Reform Act of. 1989 and 24 CFR Part 12. 61. Title III of Division B of the Housing Recovery and Economic Act of 2008 (HERA), P.L. 110-289. fit_ Approved State of Florida 2008 Action Plan Substantial Amendment. 63. e eml Register Noti ce Nurnliers 52.55 -N-0'J and 5235 -9-02. ��..�� a lt � g�... •`�`.`' e ��' � 1. • ATTACHMENT V Guidance on Developers, Subrecipients, and Contractors , QUESTION: What are implications of using different entity types to carry out NSP- funded activities? Neighborhood Stabilization Program (NSP) grantees may work with developers, subrecipients, contractors, or any combination of these entities to implement their programs. However, different sets of HUD and OMB rules apply to these entities in certain situations. Accordingly, an NSP grantee must carefully consider the implications of any decision to implement NSP- funded activities through one type. of entity versus another. HUD has developed the following guidance to clarify the definitions of each of these entity types, as well as the requirements for NSP grantees which establish relationships with such entities. This guidance consolidates information that has been addressed in previous NSP policy alerts, and offers new guidance regarding developer fees based on more recent questions received from NSP grantees and affiliates. Definitions Subrecipient: A nonprofit or public agency that assists a grantee or another subrecipient to administer all or a portion of the NSP program. As provided in the NSP Bridge Notice, published on June 19, 2009, "Subrecipient shall have the same meaning as at the first sentence of 24 CFR 570.500(c). This includes any nonprofit organization (including a unit of general local government) awarded funds by,a state. The term also includes any land bank receiving NSP funds from a grantee or another subrecipient." Section 570.500(c) reads as follows: "Subrecipient means a public or private nonprofit agency, authority, or organization, or a for - profit entity authorized under 570.201(o), receiving CDBG funds-from the recipient or another subrecipient to undertake activities eligible for such assistance under subpart C of this part." Developer A for- profit or private nonprofit individual or entity that the grantee provides NSP assistance to for the purpose of (1) acquiring homes and residential properties to rehabilitate for use or resale for residential purposes and (2) constructing new housing in connection with the redevelopment of demolished or vacant properties. Developers are program beneficiaries and thus distinct from subrecipients, grantee employees, and contractors. Developers may receive NSP funds from either the grantee or a subrecipient. Developer led rehabilitation is undertaken pursuant to 24 CFR 570.202(b)(1). New housing construction is undertaken pursuant to 24 CFR 570.204, or the NSP notice published on October 6, 2008, as amended. NSP grantees should note that they may but are not required to treat all third -party development entities as subrecipients. HUD regulations treat developers as private entities entitled to benefit under 570.202(b)(1). This is important in situations where a rip vate for - profit or non - profit organization receiving NSP funds is neither a contractor nor a subrecipient. In such instances, the developer is not an intermediary acting for the grantee, but is receiving assistance itself as a beneficiary under the program. U.S. Department of Housing and Urban Development 1 Office of Block Grant Assistance 2010 -08 s Examples include a for - profit or nonprofit entity receiving a housing rehabilitation grant or loan to improve property it owns. Public nonprofits such as Housing Authorities or Redevelopment Authorities do not qualify as developers because 57O.2O2(b)(1) requires them to be private entities. Both grantees and subrecipients can engage developers. However, to be treated as a developer, the entity must demonstrate ownership or control of the property to be rehabilitated or redeveloped. That is, a grantee or a subrecipient cannot designate an entity as a developer if it is simply providing construction services on a property owned by the grantee or subrecipient; such an entity would be classified as a contractor. Contractor. An entity that supply goods and services at an agreed -upon rate or price. When a grantee or subrecipient hires a contractor, the contractor must be procured pursuant to Part 84. Additional Considerations Regarding Developer Fees Questions pertaining to developer fees are among those most frequently asked by Neighborhood Stabilization Program (NSP) grantees and affiliates. This section is intended to provide grantees with.a few additional points to keep in mind as they contemplate entering into agreements with private developers. • Grantees and subrecipients may not earn a developer's fee. An entity may charge developer's fees only under 24 CFR 57O.2O2(b)(1), which allows a grantee to provide CDBG funds (or NSP funds) to assist in the acquisition and rehabilitation/ reconstruction of property by private individuals or entities. The right to charge a developer's fee is available only to an entity that receives assistance from the grantee or the subrecipient and assumes some of the risk of the project which the developer does by investing some of his /her own money in the project. Grantees and subrecipients are compensated for the actual costs of carrying out eligible activities, which reduces or eliminates any development risk if actual costs exceed estimates. Therefore, accounting principles and cost circulars do not allow grantees or subrecipients to collect a fee. (Note that this is a CDBG policy that has existed for decades:). • Public entities having an identity of interest with the grantee may only carry out NSP development activities for an NSP grantee under a subrecipient agreement, not under a developer agreement • When negotiating a developer fee, it is crucial for grantees to clearly specify what project costs can and cannot be paid with NSP fees. For example, if a developer's budget called for directly paying a project manager and also a developer fee that would be double- dipping and would not be allowed. Direct costs or indirect costs of a developer related to project management should be paid only through the fee. Grantees may also require a developer to pay some of the holding costs and receive reimbursement through the fee. Though not required by NSP, such a provision is used to encourage developers to complete projects in a timely manner. If a developer agreement does not include specific property addresses, then the contract should include a detailed list of criteria describing eligibility for acquisition and include a list of NSP - related obligations that carry forward with the property. It is also advisable for grantees to retain the right to individually sign off on each acquisition by a developer. U.S. Department of Housing and Urban Development 2 Office of Block Grant Assistance 2010 -08 NSP Program Administration Implications by Entity Type Grantee Developer Subrecipient Contractor Federal Procurement Yes No Yes N/A Process? (procured Revenue /Program Must treat excess Not required to return excess Must treat excess revenues N/A Income revenues as Program revenues. However, HUD as Program Income and CFR 570.504 Income, to be used for strongly encourages grantees return to grantee, or if the (Contractors not other NSP - eligible activities to implement mechanisms grantee wishes, subject to Program which prevent undue subrecipients may keep Income requirements) enrichment. program income to implement other NSP- eligible activities. Activity Delivery 10% cap on admin and May receive a developer fee May receive activity delivery All costs built into bid. and General Program Income; no cap which includes a reasonable costs and admin funds for Administration on activity delivery costs. profit margin. all direct costs. Bids should 24 CFR 570.205 and Any indirect costs may only incorporate costs and 570.206 May charge contractor fee or be charged to NSP with an expected rate of return. brokerage fee if performing approved indirect cost these separate services. allocation plan. OMB Part 85, A -87 Doesn't have to follow OMB Nonprofits: Public N/A Cost Principles circulars Part 84, A- Entities: Part 122 85, A -87 Obligations: Funds are obligated when N/A Funds are obligated when N/A Acquisition there is a purchase there is a purchase 24 CFR 570.201(a) agreement in place for a agreement in place. g iven property. Obligations: Funds are obligated when Funds are obligated when a Funds obligated with a Funds are obligated Rehabilitation there is a written developer's agreement is written agreement with a when rehab contract is 24 CFR 570.202 agreement with a executed and a developer contractor. signed. contractor in place. provides the grantee a detailed cost estimate for the rehab work. Obligations: Execution of an instrument May not directly provide Execution of an instrument N/A Homeownership that awards homeownership assistance. that awards homeownership Assistance homeownership assistance assistance to an individual 570.201(n) to an individual who will who will purchase a property purchase a property pursuant to NSP eligible use pursuant to NSP eligible (B) or (E). use B or (E). Obligations: Funds are obligated when N/A Funds are obligated when N/A Demolition there is a contract for there is a contract for 24 CFR 570.201 d demolition activities. demolition activities. Obligations: Funds are obligated when When developers engage in Funds are obligated when May build a public Redevelopment; there is a written new residential construction, there is a written agreement facility for a grantee or Public Facilities / agreement with a the requirements for with a contractor in place. subrecipient. Improvements contractor in place. acquisition and rehabilitation 24 CFR 570.204, apply. 24 CFR 570.201(c) Developers may not construct p ublic facilities. Housing Total dollar amount of an May not provide housing May perform housing May perform housing Counseling agreement is obligated counseling, but must ensure counseling directly or counseling for either 24 CFR 570.201(e) when the agreement is that buyers have received 8 through contractor. Total grantee or executed with a provider of hours of counseling. dollar amount of an subrecipient. counseling services. agreement is obligated when agreement is executed with a counseling services provider. Registration for First May register for First Look Nonprofits: For - profit: May register for First Look Must coordinate with Look Program Allowed? May register Ineligible for grantee /subrecipient to for First Look First Look access First Look. U.S. Department of Housing and Urban Development 3 Office of Block Grant Assistance 2010 -08