HomeMy WebLinkAboutSHIP Program LHAP FY 04/05, 05/06 and 06/07
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M AM BEACH
STATE HOUSING INITIATIVES PARTNERSHIP
(SHIP) PROGRAM
LOCAL HOUSING ASSISTANCE PLAN (LHAP)
FOR
FISCAL YEARS 2004/05, 2005/06 AND 2006/07
APRIL 14, 2004
Amended on October 11, 2006
For Information Contact:
Thomas N. Urriola, In!. Director
Housing and Community Development Division
1700 Convention Center Drive
Miami Beach, FL 33139
(305) 673-7260 FAX: 673-7772
CITY OF MIAMI BEACH
State Housing Initiatives Partnership (SHIP) Program
Local Housing Assistance Plan
State Fiscal Year(s): 2004/05, 2005/06 and 2006/07
Table of Contents
PROGRAM DESCRIPTION
2
a. Name of Local Government
b. Program Description
c. Fiscal Years of Local Housing Assistance Plan
d. Public Input in PLAN Development
e. Local Support Services
2
2
3
3
3
II.
INTERLOCAL AGREEMENT
3
III.
LOCAL HOUSING PARTNERSHIPS
3
a. Local Housing Partnerships Development Description
b. Cost Reduction Strategy
3
4
IV.
STRATEGIES
4
1. Assistance Strategies
4
A. Rehabilitation
B. New Construction
C. Closing Costs and Down Payment
D. Rehabilitation of Multi-family Buildings/Condominium Conversion
Home Ownership Training
E. Rental HousinQ Development
F. Workforce HousinQ
4
7
11
14
16
16
19
2. Incentive Strategies
V. TIMETABLE FOR EXPENDITURE
VI. AFFORDABI L1TY
a. Home Ownership
b. Rental
VII. ADVERTISEMENT AND OUTREACH
a. SHIP Program Availability
b. Application Advertisement Period
VIII. ADMINISTRATIVE EXPENSES
a. Program Administration Description
b. Administration Percentage
c. Administrative Expenditures Breakout
d. Consultants
IX. Certification Page
X. Attachments
2
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22
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22
22
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CITY OF MIAMI BEACH
State Housing Initiatives Partnership (SHIP) Program
Local Housing Assistance Plan
State Fiscal Year(s): 2004/05, 2005/06 and 2006/07
I. PROGRAM DESCRIPTION
a. City of Miami Beach
b. The City of Miami Beach (City), a municipal corporation established under the laws ofthe
State of Florida has designed this SHIP Housing Assistance Plan (hereafter referred to as
the "Plan") to implement Miami Beach's SHIP Housing Assistance Program, pursuant to
Sections 420.907 et seq., Florida Statutes. The Program was established to make
affordable residential units available to persons with very low-income, low-income,
moderate income, and persons with special housing needs. The SHIP Plan details specific
strategies intended to increase the availability of decent, safe and affordable housing units
by combining public and private resources to establish a local housing partnership which
will reduce the cost of housing.
During State Fiscal Years 2004/05, 2005/06, and 2006/07, the City of Miami Beach will
use 90 percent of the SHIP allocation for home ownership activities: new construction (in
accordance with the City's adopted Consolidated Plan), housing rehabilitation, emergency
repair, down payment assistance, closing cost assistance and/or home ownership training.
Simultaneously, at least 75 percent of the SHIP allocation will be used to provide funds
for construction activities: new construction (in accordance with the City's adopted
Consolidated Plan), housing rehabilitation and emergency repair, which may include
down payment assistance and/or closing cost assistance to newly constructed units or
those receiving rehabilitation within 12 months of closing.
The Plan is based on the previous Housing Assistance Plan adopted by the City for Fiscal
Years 2001102, 2002/03, and 2003/2004. The Plan incorporates the provisions and
strategies of the previously implemented Housing Assistance Plan. The City of Miami
Beach has also adopted a number of development incentives to encourage the
development of affordable units within Miami Beach. These incentives have been taken
from the Local Housing Incentives Plan and are being incorporated into the Local Housing
Assistance Plan as required by Chapter 67-37, Florida Administrative Code, and Section
420.907, et seq., Florida Statutes.
The City anticipates that an average of $25,000 of SHIP funds will be used per unit
assisted. The amount of the executed sales contract for each unit will not exceed ninety
(90) percent of the median area purchase prices for existing and new houses, as
established by the U.S. Department of the Treasury. This Plan complies with the
requirements of Sections 420.907 et seq., Florida Statutes and Chapter 67-37, Florida
Administrative Code and is not governed by an inter-local agreement.
2
c. The Local Housing Assistance Plan will cover state fiscal year(s) 2004/05, 2005/06, and
2006/07.
d. The City has adopted a Consolidated Plan as required by U.S. HUD. The Consolidated
Plan identifies the City of Miami Beach's overall affordable housing needs and the
strategy to address those needs. It provides guidance for the development of the strategies
proposed under this Local Housing Assistance Plan, as well as other housing plans in
effect at any given time. The preparation of the Consolidated Plan required an extensive
amount of input from all sectors of the population. The City of Miami Beach (City) has
consulted with local agencies, for-profit and non-profit organizations and citizens, and
social service and housing providers, in order to obtain information on the housing needs
in the City. Using this input, the City developed its Consolidated Plan which requires that
an annual plan and progress reports be made available for public comment and input. The
Local Housing Assistance Plan is consistent with the Consolidated Plan, as well as the
Housing Element of the City's Comprehensive Plan.
The Plan is based on the previous Housing Assistance Plan adopted by the City for Fiscal
Years 2001/02, 2002/03 and 2003/04. The Plan incorporates the provisions and strategies
of the previously implemented Housing Assistance Plan.
The City worked closely with the designated Community Housing Development
Organization (CHDO) in developing its Local Housing Assistance Plan. Also, the
following groups active in local housing activities were furnished with a copy of the Local
Housing Assistance Plan: the Miami Beach Chamber of Commerce, the North Beach
Development Corporation (NBDC), Miami Beach Housing Authority (MBHA), and the
Miami Beach Community Development Corporation (MBCDC), the City's designated
Community Development Housing Organization (CHDO), whose President serves as the
Chair of the Affordable Housing Coalition.
e. The following support services are available to the residents of affordable housing: youth
services, childcare, elder services, health services, home delivery of meals, and
employment training.
II. INTERLOCAL AGREEMENT (If applicable)
Not Applicable
III. LOCAL HOUSING PARTNERSHIPS
a. The City of Miami Beach has developed housing partnerships with several non-profit and
private for-profit housing developers and agencies. The City works closely with the
designated Community Housing Development Organizations (CHDO), CDBG sub-
recipient organizations, community development corporations, local lenders, realtors, and
3
others. These organizations are encouraged to participate in program activities and to
assist in program implementation. The City has also worked closely with the Affordable
Housing Coalition, which is composed of local housing providers and activists.
b. The City of Miami Beach has implemented measures to reduce the cost of affordable
housing. Some ofthe measures include: allocating funds under City's federally-funded
Community Development Block Grant (CDBG) Program and the HOME Investment
Partnerships Program to help reduce the cost of funds needed for property improvements;
leveraging Miami-Dade County's Documentary Surtax Program to assist in home
ownership activities; working with the Florida Power and Light Company to receive
rebates for all energy improvements that are eligible under their approved WaU Wise
Program for properties rehabilitated under the SHIP program; and leveraging Miami-Dade
County's Documentary Surtax Program providing deferred payment loans to prevent
additional cost burdens on low and very low income households.
IV. STRATEGIES
1. Individual Strategies
A. Rehabilitation
The City of Miami Beach will implement a multi-year strategy for State FY 2004/05, FY
2005/06 and FY 2006/07, to further the City's goals relative to home ownership
opportunities. The City's SHIP Home Ownership Program will help very low, low, and
moderate income buyers, and persons with special needs purchase affordable housing in
Miami Beach, as follows: at least 30 percent of SHIP funds will be used to produce units that
will be for very low income persons earning at or below 50 percent of the median income, at
least 30 percent of SHIP funds will be used to produce units that will be for low income
persons whose income is at or below 80 percent of the median income, and the remaining
SHIP funds will be used to produce units for persons at a moderate income level, with
earning between 80 percent and 120 percent of the median income level.
Up to 50 percent of the funds will be targeted to assist program participants who are
Essential Service Personnel. as defined in Section IV .1.F of this document eligible City of
Miami Beach staff or eligible teachers from the Miami Dade County Public Schools System
who agree to teach in the City of Miami Beach. If the demand for assistance from this target
population is not sufficient to fully utilize these funds, the balance of the funds will be used
to assist participants who are not from the target group.
In order to implement this strategy, scattered sites (e.g. condominium units) will be acquired
and rehabilitated, by a selected sponsor, thus providing affordable home ownership
opportunities as well as improving the City's existing housing stock. Rehabilitation will be
defined as repairs or improvements that are needed for safe or sanitary habitation, correction
of substantial code violations, or the creation of additional living space. Housing that is
rehabilitated with SHIP funds must meet all applicable local codes, rehabilitation standards,
4
and ordinances including, but not limited to, zoning ordinances. All projects must comply
with the South Florida Building Code, the Miami-Dade County Building Code, and the City
of Miami Beach Building Code. Additionally, all projects must comply with all other
applicable laws, rules and regulations.
The City intends to exercise flexibility in determining whether condominium units for this
strategy may be purchased at individual sites or to allow the purchase of several units in one
building, not to exceed more than one fifth of the units in the building. In general, the City
will stress the need for the spatial deconcentration of assisted housing units throughout the
City.
The City of Miami Beach's Housing and Community Development Division will be the
primary agency responsible for carrying out the strategies under the SHIP Housing
Assistance Plan. The City anticipates that it will use a sponsor to carry out program activities.
In order to identify a sponsor, the City will issue a Competitive Notice of Funding
Availability (NOFA) for various not-for-profit and for-profit builders/developers to
participate in the program. Through the competitive NOF A process, the City will ascertain
the highest and best use of the funds in accordance with the guidelines outlined in this Plan.
Selection criteria will include, but may not be limited to:
(1) Ability to provide strong construction management practices and to provide first
quality materials, including landscaping if applicable
(2) Ability to perform all applicant selection and income certification processes in
accordance with local, state, and federal regulations
(3) Ability to comply with the City's reporting requirements
(4) Total project cost
(5) Total number of units
(6) Leveraging
(7) Ability to conform with the City's plan for spatial deconcentration
(8) Ability to provide homeowners with Home Ownership Counseling
(9) Ability to provide individualized training to homebuyers on issues such as home
maintenance and budgeting
(10) Ability to demonstrate that the organization participates in the WAGES and
Workforce Development Initiative program
The Housing and Community Development Division staff will review all responses to the
5
NOF A to ensure compliance with the requirements of the NOF A as well as the eligibility
requirements, as provided in the Florida Statutes, the SHIP Ordinance, Resolutions and this
Plan. All eligible applications will be submitted to the City's Loan Review Committee. The
Committee will review all applications in accordance with the criteria as outlined in the
NOF A.
Eligible housing must be located within the corporate limits of Miami Beach, and preferably
in one of the Community Development Target Areas. Eligible housing must conform to City
Zoning requirements regarding use and density permitted (legal variances will be permitted).
Manufactured housing, rental housing, and mobile homes shall not be considered eligible
housing. All prospective condominium units must either be vacant or owner-occupied at the
time of initial purchase, prior to re-sale to eligible SHIP recipients.
All potential applicants for the SHIP Home Ownership Program will be screened for income
eligibility and homeowner readiness. Applicants will be processed from a waiting list on a
first come first ready basis, subject to funding availability and in such manner as to comply
with the statutory requirements. Since the City of Miami Beach's SHIP Housing Assistance
Program is geared to providing units to very low, low and moderate income persons, the City
anticipates it will exceed all SHIP set-aside requirements. Staff will review actual
performance data to ensure that adjustments are made as necessary to remain in compliance
with income targeting standards.
A ward of SHIP funds will be in the form of a deferred payment loan secured by a Restrictive
Covenant Agreement, or other recorded instrument. The maximum amount of SHIP funds
allowable for assistance per unit will be $40,000. If the unit is sold, transferred or ceases to
serve as a primary residence, the home buyer shall return to the City the full SHIP subsidy
that enabled the homebuyer to buy the dwelling unit. The assisted unit must be occupied as a
principal residence of the Owner, and may not be used as a rental. Use of the property for
rental purposes is an event of default.
Recapture of SHIP funds used for the rehabilitation of the assisted units will be as follows:
assisted units that received under $10,000 will have a recapture period of five (5) years, and
units that receive $10,000 or more will have a recapture period often (10) years. Ifthe unit is
sold, transferred, rented or refinanced during the recapture period for the rehabilitation
assistance, the Owner shall repay to the City the full amount of SHIP subsidy funds at the
time of any such sale, transfer, rental or refinancing of the unit. Not withstanding the
previous restrictions, the owner shall be allowed to refinance the premises without being
subject to the provisions set forth therein so long as the amount of the refinancing does not
exceed the then outstanding balance of the first mortgage. Subordination will only be
approved ifthe refinancing will lower the current mortgage payment and/or interest rate. No
cash out will be allowed.
In the event that title to the unit is transferred, as a result of the death of the Owner to a
surviving heir, or any other heir designated by the Owner, and said heir occupies the unit as a
principal residence, the household income qualifications requirements shall be waived.
6
However, should an heir fail to occupy the unit as a principal residence within six (6) months
from the date of the Owner's death, the full amount of SHIP subsidy funds, shall become due
and payable to the City within one year from the date of the Owner's death. In order to
further ensure the enforcement of this subsection, any and all successors, heirs and assigns
herein must obtain the prior written consent of the City Manager prior to the resale of the unit
Assisted units that comply with the requirements of the HOME rule as HOME eligible units
will be utilized as HOME-Match units. When possible, the SHIP funds will be used with:
U.S. Department of Housing and Urban Development HOME Program Funds, Community
Development Block Grant (CDBG) Funds, other federal and state grant funds, and Miami-
Dade County Documentary Surtax Funds.
B. New Construction
Proposals involving new construction will only be considered in accordance with the City's
adopted Consolidated Plan adopted on July 1, 1998. To implement this strategy, new
construction of scattered sites units (e.g. condominium units) will be undertaken by a
selected sponsor, thus providing affordable home ownership and rental opportunities as well
as improving the City's housing stock.
The City intends to exercise flexibility in determining whether condominium units for this
strategy may be purchased at individual sites or to allow the purchase of several units in one
building, not to exceed more than one fifth of the units in the building. In general, the City
will stress the need for the spatial deconcentration of assisted housing units throughout the
City.
The City of Miami Beach will implement a multi-year strategy for State FY 2004/05, FY
2005/06, and FY 2006/07, to further the City's goals relative to home ownership
opportunities. The City's SHIP Home Ownership Program will help very low, low, and
moderate income buyers, and persons with special needs to purchase affordable housing in
Miami Beach as follows: at least 30 percent of SHIP funds will be used to produce units that
will be for very low income persons earning at or below 50 percent of the median income, at
least 30 percent of SHIP funds will be used to produce units that will be for low income
persons whose income is at or below 80 percent of the median income, and the remaining
SHIP funds will be used to produce units for persons at a moderate income level earning
between 80 percent and 120 percent of the median income level.
Up to 50 percent of the funds will be targeted to assist program participants who are
Essential Service Personnel. as defined in Section IV.l.F of this document eligible City of
Miami Beach staff or eligible teachers from the Miami Dade County Pl:lblic Schools System
who agree to teach in the City of Miami Beach. If the demand for assistance from this target
population is not sufficient to fully utilize these funds, the balance of the funds will be used
to assist participants who are not from the target group.
The City of Miami Beach's Housing and Community Development Division will be the
7
primary agency responsible for carrying out the strategies under the SHIP Housing
Assistance Plan. The City anticipates that it will use a sponsor to carry out program activities.
In order to identify a sponsor, the City will issue a Competitive Notice of Funding
Availability (NOF A) for various not-for-profit and for-profit builders/developers to
participate in the program. Through the competitive NOF A process, the City will ascertain
the highest and best use of the funds in accordance with the guidelines outlined in this Plan.
Selection criteria will include, but may not be limited to:
(1) Ability to provide strong construction management practices and to provide first
quality materials, including landscaping if applicable
(2) Ability to perform all applicant selection and income certification processes in
accordance with local, state, and federal regulations
(3) Ability to comply with the City's reporting requirements
(4) Total project cost
(5) Total number of units
(6) Leveraging
(7) Ability to conform with the City's plan for spatial deconcentration
(8) Ability to provide homeowners with Home Ownership Counseling
(9) Ability to provide individualized training to home buyer on issues such as home
maintenance and budgeting
(10) Ability to demonstrate that the organization participates in the WAGES and
Workforce Development Initiative program
The Housing and Community Development Division staff will review all responses to the
NOF A to ensure compliance with the requirements of the NOF A as well as the eligibility
requirements, as provided in the Florida Statutes, the SHIP Ordinance, Resolutions and this
Plan. All eligible applications will be submitted to the City's Loan Review Committee. The
Committee will review all applications in accordance with the criteria as outlined in the
NOF A.
Eligible housing must be located within the corporate limits of Miami Beach, and preferably
in one of the Community Development Target Areas. Eligible housing must conform to City
Zoning requirements regarding use and density permitted (legal variances will be permitted).
Manufactured housing, rental housing, and mobile homes shall not be considered eligible
housing. All prospective condominium units must either be vacant or owner-occupied at the
time of initial purchase, prior to re-sale to eligible SHIP recipients.
8
All potential applicants for the SHIP Home Ownership Program will be screened for income
eligibility and homeowner readiness. Applicants will be processed from a waiting list on a
first come first ready basis, subject to funding availability and in such manner as to comply
with the statutory requirements. Since the City of Miami Beach's SHIP Housing Assistance
Program is geared to providing units to very low, low and moderate income persons, the City
anticipates it will exceed all SHIP set-aside requirements. Staff will review actual
performance data to ensure that adjustments are made as necessary to remain in compliance
with income targeting standards.
Award of SHIP funds will be in the form of a deferred payment loan secured by a Restrictive
Covenant Agreement, or other recorded instrument. If the unit is sold, transferred or ceases to
serve as a primary residence, the home buyer shall return to the City the full SHIP subsidy
that enabled the home buyer to buy the dwelling unit. The assisted unit must be occupied as a
principal residence of the Owner, and may not be used as a rental. Use of the property for
rental purposes is an event of default.
Recapture of SHIP funds used for the rehabilitation of the assisted units will be as follows:
assisted units that received under $10,000 will have a recapture period of five (5) years, and
units that receive $10,000 or more will have a recapture period of ten (10) years. Ifthe unit is
sold, transferred, rented or refinanced during the recapture period for the rehabilitation
assistance, the Owner shall repay to the City the full amount of SHIP subsidy funds at the
time of any such sale, transfer, rental or refinancing of the unit. Notwithstanding the
previous restrictions, the owner shall be allowed to refinance the Premises without being
subject to the provisions set forth therein, so long as the amount ofthe refinancing does not
exceed the then outstanding balance of the first mortgage. Subordination will only be
approved if the refinancing will lower the current mortgage payment and/or interest rate. No
cash out will be allowed.
If the unit is sold, transferred, rented or refinanced during the recapture period, the Owner
shall repay to the City the full amount of SHIP subsidy funds at the time of any such sale,
transfer, rental or refinancing of the unit. The assisted unit must be occupied as a principal
residence of the Owner for the duration of the term set forth, and may not be used as a rental
property during that period. Use of the property for rental purposes is an event of default.
In the event that title to the unit is transferred, as a result of the death of the Owner to a
surviving heir, or any other heir designated by the Owner, and said heir occupies the unit as a
principal residence, the household income qualifications requirements shall be waived.
However, should an heir fail to occupy the unit as a principal residence within six (6) months
from the date of the Owner's death, the full amount of SHIP subsidy funds, shall become due
and payable to the City within one year from the date of the Owner's death. In order to
further ensure the enforcement of this subsection, any and all successors, heirs and assigns
herein must obtain the prior written consent of the City Manager prior to the resale of the
unit.
9
Assisted units that comply with the requirements of the HOME rule as HOME eligible units
will be utilized as HOME-Match units. When possible, the SHIP funds will be used with:
U.S. Department of Housing and Urban Development HOME Program Funds, Community
Development Block Grant (CDBG) Funds, other federal and state grant funds, and Miami-
Dade County Documentary Surtax Funds.
C. Closing Costs and Down Payment
In order to implement this strategy, Closing Costs and Down Payment Assistance will be
made available for the purchase of scattered sites units (e.g. condominium units) undertaken
by a selected sponsor, thus providing affordable home ownership opportunities to qualified
persons.
The City intends to exercise flexibility in determining whether condominium units for this
strategy may be purchased at individual sites or to allow the purchase of several units in one
building, not to exceed more than one fifth of the units in the building. In general, the City
will stress the need for the spatial deconcentration of assisted housing units throughout the
City.
The City of Miami Beach will implement a multi-year strategy for State FY 2004/05, FY
2005/06, and FY 2006/07, to further the City's goals relative to home ownership
opportunities. The City's SHIP Home Ownership Program will help very low, low, and
moderate income buyers, and persons with special needs purchase affordable housing in
Miami Beach, as follows: at least 30 percent of SHIP funds will be used to produce units for
very low income persons earning at or below 50 percent of the median income, at least 30
percent of SHIP funds will be used to produce units for low income persons whose income is
at or below 80 percent of the median income, and the remaining SHIP funds will be used to
produce units for persons at a moderate income level earning between 80 percent and 120
percent of the median income level.
Up to 50 percent of the funds will be targeted to assist program participants who are
Essential Service Personnel. as defined in Section IV .1.F of this document eligible City of
Miami Beach stuff or eligible teachers from the Miami Dade County Public Schools System
who agree to teach in the City of Miami Beach. If the demand for assistance from this target
population is not sufficient to fully utilize these funds, the balance of the funds will be used
to assist participants who are not from the target group.
The City of Miami Beach's Housing and Community Development Division will be the
primary agency responsible for carrying out the strategies under the SHIP Housing
Assistance Plan. The City anticipates that it will use a sponsor to carry out program activities.
In order to identify a sponsor, the City will issue a Competitive Notice of Funding
Availability (NOF A) for various non-profit and for-profit builders/developers to participate
in the program. Through the competitive NOF A process, the City will ascertain the highest
and best use of the funds in accordance with the guidelines outlined in this Plan. Selection
criteria will include, but may not be limited to:
10
(1) Ability to Implement Closing Costs and Down payment Assistance Strategy (i.e.,
staffing, experience, facilities, etc.)
(2) Ability to perform all applicant selection and income certification processes in
accordance with local, state, and federal regulations
(3) Ability to comply with the City's reporting requirements
(4) Total project cost
(5) Total number of units
(6) Leveraging
(7) Ability to conform with the City's plan for spatial deconcentration
(8) Ability to provide homeowners with Home Ownership Counseling
(9) Ability to provide individualized training to homebuyer on issues such as home
maintenance and budgeting
(10) Ability to demonstrate that the organization participates in the WAGES and
Workforce Development Initiative program
The Housing and Community Development Division staff will review all responses to the
NOF A to ensure compliance with the requirements of the NOF A as well as the eligibility
requirements, as provided in the Florida Statutes, the SHIP Ordinance, Resolutions and this
SHIP Plan. All eligible applications will be submitted to the City's Loan Review Committee.
The Committee will review all applications in accordance with the criteria as outlined in the
NOF A.
Eligible housing must be located within the corporate limits of Miami Beach, and preferably
in one of the Community Development Target Areas. Eligible housing must conform to City
Zoning requirements regarding use and density permitted (legal variances will be permitted).
Manufactured housing, rental housing, and mobile homes shall not be considered eligible
housing. All prospective condominium units must either be vacant or owner-occupied at the
time of initial purchase, prior to re-sale to eligible SHIP recipients.
All potential applicants for the SHIP Home Ownership Program will be screened for income
eligibility and homeowner readiness. Applicants will be processed from a waiting list on a
first come first ready basis, subject to funding availability and in such manner as to comply
with the statutory requirements. Since the City of Miami Beach's SHIP Housing Assistance
Program is geared to providing units to very low, low and moderate income persons, the City
anticipates it will exceed all SHIP set-aside requirements. Staff will review actual
11
performance data to ensure that adjustments are made as necessary to remain in compliance
with income targeting standards.
Award of SHIP funds will be in the form of a deferred payment loan secured by a Restrictive
Covenant Agreement, or other recorded instrument. If the unit is sold, transferred or ceases to
serve as a primary residence, the home buyer shall return to the City the full SHIP subsidy
that enabled the homebuyer to buy the dwelling unit. The assisted unit must be occupied as a
principal residence of the Owner, and may not be used as a rental. Use of the property for
rental purposes is an event of default.
Recapture of SHIP funds used for the rehabilitation of the assisted units will be as follows:
assisted units that received under $10,000 will have a recapture period of five (5) years, and
units that receive $10,000 or more will have a recapture period often (10) years. If the unit is
sold, transferred, rented or refinanced during the recapture period for the rehabilitation
assistance, the Owner shall repay to the City the full amount of SHIP subsidy funds at the
time of any such sale, transfer, rental or refinancing of the unit. Notwithstanding the
previous restrictions, the owner shall be allowed to refinance the Premises without being
subject to the provisions set forth therein, so long as the amount of the refinancing does not
exceed the then outstanding balance of the first mortgage. Subordination will only be
approved if the refinancing will lower the current mortgage payment and/or interest rate. No
cash out will be allowed.
In the event that title to the unit is transferred, as a result of the death of the Owner to a
surviving heir, or any other heir designated by the Owner, and said heir occupies the unit as a
principal residence, the household income qualifications requirements shall be waived.
However, should an heir fail to occupy the unit as a principal residence within six (6) months
from the date ofthe Owner's death, the full amount of SHIP subsidy funds, shall become due
and payable to the City within one year form the date of the Owner's death. In order to
further ensure the enforcement of this subsection, any and all successors, heirs and assigns
herein must obtain the prior written consent of the City Manager prior to the resale of the
unit.
In the event that the assisted unit is a HOME-Match unit, then the recapture provisions of the
HOME Program shall apply to the SHIP portion of the subsidy in the unit and shall supersede
the above recapture provisions. When possible, the SHIP funds will be used with: U.S.
Department of Housing and Urban Development HOME Program Funds, Community
Development Block Grant (CDBG) Funds, other federal and state grant funds, and Miami-
Dade County Documentary Surtax Funds.
12
D. Rehabilitation of Multi-family Buildings for Condominium Conversion
In order to implement this strategy, SHIP funds will be made available towards the
rehabilitation of vacant multi-family buildings to be converted into condominium units to be
offered through a home buyer program to income-eligible participants. In buildings with ten
or less units, all the units will be provided to income-eligible participants in the home buyer
program. In buildings with more than ten units, up to forty percent of the units will be
provided through the program. The balance of the units will be sold at market rates and any
profits realized will be utilized to provide additional homeownership opportunities.
Sponsors will be required to establish a dedicated account for profits generated by this
strategy and reinvestment into new homeownership opportunities.
The maximum amount of SHIP funds allowable for rehabilitation per unit will be $40,000.
Once the units are rehabilitated they will be offered as condominium units through the home
buyer program to income-eligible participants. Up to $40,000 in assistance per unit will be
transferred to a home buyer participant in the form of a deferred payment loan secured by a
Restrictive Covenant Agreement, or other recorded instrument.
Up to 50 percent of the funds will be targeted to assist program participants who are
Essential Service Personnel. as defined in Section IV.l.F of this document eligible City of
Miami Beach staff or eligible teacbers from the Miami Dade Col:lflty Publie Schools System
who agree to teaeh in the City of Miami Beach. If the demand for assistance from this target
population is not sufficient to fully utilize these funds, the balance of the funds will be used
to assist participants who are not from the target group.
The City of Miami Beach's Housing and Community Development Division will be the
primary agency responsible for carrying out the strategies under the SHIP Housing
Assistance Plan. The City anticipates that it will use a sponsor to carry out program activities.
In order to identify a sponsor, the City will issue a Competitive Notice of Funding
Availability (NOFA) for various not-for-profit and for-profit builders/developers to
participate in the program. Through the competitive NOF A process, the City will ascertain
the highest and best use of the funds in accordance with the guidelines outlined in this Plan.
Selection criteria will include, but may not be limited to:
(I) Ability to provide strong construction management practices and to provide first
quality materials, including landscaping if applicable
(2) Ability to perform all applicant selection and income certification processes in
accordance with local, state, and federal regulations
(3) Ability to comply with the City's reporting requirements
(4) Total project cost
13
(5) Total number of units
(6) Leveraging
(7) Ability to conform with the City's plan for spatial deconcentration
(8) Ability to provide homeowners with Home Ownership Counseling
(9) Ability to provide individualized training to home buyers on issues such as home
maintenance and budgeting
(10) Ability to demonstrate that the organization participates in the WAGES and
Workforce Development Initiative program
The Housing and Community Development Division staff will review all responses to the
NOF A to ensure compliance with the requirements of the NOF A as well as the eligibility
requirements, as provided in the Florida Statutes, the SHIP Ordinance, Resolutions and this
Plan. All eligible applications will be submitted to the City's Loan Review Committee. The
Committee will review all applications in accordance with the criteria as outlined in the
NOF A.
Eligible housing must be located within the corporate limits of Miami Beach, and preferably
in one of the Community Development Target Areas. Eligible housing must conform to City
Zoning requirements regarding use and density permitted (legal variances will be permitted).
Manufactured housing, rental housing, and mobile homes shall not be considered eligible
housing. All prospective condominium units must either be vacant or owner-occupied at the
time of initial purchase, prior to re-sale to eligible SHIP recipients.
All potential applicants for the SHIP Home Ownership Program will be screened for income
eligibility and homeowner readiness. Applicants will be processed from a waiting list on a
first come first ready basis, subject to funding availability and in such manner as to comply
with the statutory requirements. Since the City of Miami Beach's SHIP Housing Assistance
Program is geared to providing units to very low, low and moderate income persons, the City
anticipates it will exceed all SHIP set-aside requirements. Staff will review actual
performance data to ensure that adjustments are made as necessary to remain in compliance
with income targeting standards.
Award of SHIP funds will be in the form of a deferred payment loan secured by a Restrictive
Covenant Agreement, or other recorded instrument. The maximum amount of SHIP funds
allowable for assistance per unit will be $40,000. Ifthe unit is sold, transferred or ceases to
serve as a primary residence, the home buyer shall return to the City the full SHIP subsidy
that enabled the homebuyer to buy the dwelling unit. The assisted unit must be occupied as a
principal residence of the Owner, and may not be used as a rental. Use of the property for
rental purposes is an event of default.
14
Recapture of SHIP funds used for the rehabilitation of the assisted units will be as follows:
assisted units that received under $10,000 will have a recapture period of five (5) years, and
units that receive $10,000 or more will have a recapture period often (10) years. If the unit is
sold, transferred, rented or refinanced during the recapture period for the rehabilitation
assistance, the Owner shall repay to the City the full amount of SHIP subsidy funds at the
time of any such sale, transfer, rental or refinancing of the unit. Not withstanding the
previous restrictions, the owner shall be allowed to refinance the premises without being
subject to the provisions set forth therein so long as the amount of the refinancing does not
exceed the then outstanding balance of the first mortgage. Subordination will only be
approved if the refinancing will lower the current mortgage payment and/or interest rate. No
cash out will be allowed.
In the event that title to the unit is transferred, as a result of the death of the Owner to a
surviving heir, or any other heir designated by the Owner, and said heir occupies the unit as a
principal residence, the household income qualifications requirements shall be waived.
However, should an heir fail to occupy the unit as a principal residence within six (6) months
from the date of the Owner's death, the full amount of SHIP subsidy funds, shall become due
and payable to the City within one year from the date of the Owner's death. In order to
further ensure the enforcement of this subsection, any and all successors, heirs and assigns
herein must obtain the prior written consent ofthe City Manager prior to the resale of the unit
Assisted units that comply with the requirements of the HOME rule as HOME eligible units
will be utilized as HOME-Match units. When possible, the SHIP funds will be used with:
U.S. Department of Housing and Urban Development HOME Program Funds, Community
Development Block Grant (CDBG) Funds, other federal and state grant funds, and Miami-
Dade County Documentary Surtax Funds.
Homeownership Training
All recipients of SHIP Program funds will be required to offer Home Ownership Training to
prospective home buyers and homeowners. Home Ownership Training will help to assist and
prepare homebuyers for the acquisition and ownership of a home. Counseling services will
be provided on a group and individual basis covering the following topics: the home buying
process, finding money for a down payment, dealing with financial crisis, how to set up a
budget, the importance of good credit, dispute resolution, and how to maintain a home.
Home Ownership Training must meet the standards set by U.S. HUD.
E. Rental Housine: Development
In order to implement the Rental Housing strategy, SHIP funds will be made available
towards the rehabilitation of vacant multi-family buildings to be converted into rental units to
be offered to income-eligible participants. In buildings with ten or less units, all the units
will be provided to income-eligible participants in the program. In buildings with more than
ten units, up to forty percent of the units will be provided to income eligible participants
15
through the program in accordance with SHIP Rule and defined percentages of funding
allowed for rental units. The balance of the units will be distributed in accordance to other
funding sources rules and regulations.
The maximum amount of SHIP funds allowable for rehabilitation per unit will be $40,000.
Once the units are rehabilitated they will be offered as condominium units through the home
rental program to income-eligible participants. Up to $40,000 in assistance per unit will be
transferred to a participant not-for-profit or for-profit developer in the form of a deferred
payment loan secured by a Restrictive Covenant Agreement or other recorded instrument.
Up to 50 percent of the funds will be targeted to assist program participants who are
Essential Service Personnel. as defined in Section IV.l.F of this document. If the demand for
assistance from this target population is not sufficient to fully utilize these funds, the balance
of the funds will be used to assist participants who are not from the target group.
The City of Miami Beach's Housing and Community Development Division will be the
primary agency responsible for carrying out the strategies under the SHIP Housing
Assistance Plan. The City anticipates that it will use a sponsor to carry out program activities.
In order to identify a sponsor, the City will issue a Competitive Notice of Funding
Availability (NOF A) for various not-for-profit and for-profit builders/developers to
participate in the program. Through the competitive NOF A process, the City will ascertain
the highest and best use of the funds in accordance with the guidelines outlined in this Plan.
Selection criteria will include, but may not be limited to:
(1) Ability to provide strong construction management practices and to provide first
quality materials, including landscaping if applicable
(2) Ability to perform all applicant selection and income certification processes in
accordance with local. state, and federal regulations
(3) Ability to comply with the City's reporting requirements
(4) Total proiect cost
(5) Total number of units
(6) Leveraging
(7) Ability to conform with the City's plan for spatial deconcentration
(8) Ability to provide individualized training to home buyers on issues such as home
maintenance and budgeting
(9) Ability to demonstrate that the organization participates in the WAGES and
Workforce Development Initiative program
16
The Housing and Community Development Division staff will review all responses to the
NOF A to ensure compliance with the requirements of the NOF A as well as the eligibility
requirements. as provided in the Florida Statutes. the SHIP Ordinance. Resolutions and this
Plan. All eligible applications will be submitted to the City's Loan Review Committee. The
Committee will review all applications in accordance with the criteria as outlined in the
NOF A.
Eligible housing must be located within the corporate limits of Miami Beach. and preferably
in one of the Community Development Target Areas. Eligible housing must conform to City
Zoning requirements regarding use and density permitted (legal variances will be permitted).
Manufactured housing. and mobile homes shall not be considered eligible housing. All
prospective buildings must be vacant at the time of initial purchase.
All potential applicants of the SHIP Rental Program will be screened for income eligibility
and readiness. Applicants will be processed from a waiting list on a first come first ready
basis. subject to funding availability and in such manner as to comply with the statutory
requirements. Since the City of Miami Beach's SHIP Housing Assistance Program is geared
to providing units to very low. low and moderate income persons. the City anticipates it will
exceed all SHIP set-aside requirements. Staffwill review actual performance data to ensure
that adjustments are made as necessary to remain in compliance with income targeting
standards.
Award of SHIP funds will be in the form of a deferred payment loan secured by a Restrictive
Covenant Agreement. or other recorded instrument. The maximum amount of SHIP funds
allowable for assistance per unit will be $40.000. If the building is sold or transferred the full
SHIP subsidy plus any interest or percentage of equity specified in the recorded instrument
shall be returned to the City.
Recapture of SHIP funds used for the rehabilitation of the assisted rental buildings will be as
follows: if the total amount of SHIP funds invested in the acquisition and/or rehabilitation of
a building is up to $500.000 it will have a recapture period of thirty (30) years. if the total
amount of SHIP funds invested in the acquisition and/or rehabilitation of a building is above
$500.000 it will have a recapture period of fifty (50) years If the building is sold. transferred.
or refinanced during the recapture period. the Owner shall repay to the City the full amount
of SHIP subsidy funds at the time of any such sale. transfer. or refinancing of the unit. Not
withstanding the previous restrictions. the owner shall be allowed to refinance the premises
without being subject to the provisions set forth therein so long as the amount of the
refinancing does not exceed the then outstanding balance of the first mortgage.
Subordination will only be approved if the refinancing will lower the current mortgage
payment and/or interest rate. No cash out will be allowed.
Assisted units that comply with the requirements ofthe HOME rule as HOME eligible units
will be utilized as HOME-Match units. When possible. the SHIP funds will be used with:
U.S. Department of Housing and Urban Development HOME Program Funds. Community
17
Development Block Grant (CDBG) Funds. other federal and state grant funds. and Miami-
Dade County Documentary Surtax Funds.
F. Workforce Housinl!:
Strate(2:Y Summary: Acquisition/rehabilitation of multifamily buildings to provide rental
units to essential service personnel. Down payment. closing cost and rehabilitation assistance
will be also provided to essential service personnel for the purchase of scattered housing that
will be occupied as their primary residence.
For proiects funded by CWHIP funds. at least 80% of the units shall be set aside for
households earning incomes up to 140% of area median income. and at least 50% of the units
shall be set aside for Essential Service Personnel.
"Essential Service Personnel" are defined as income-eligible employees of Miami Beach
businesses and organizations in the following industries:
a. Accommodations and Food Services (including arts. entertainment and recreation).
b. Retail Trade.
c. Public Administration (including City of Miami Beach employees).
d. Health Care.
e. Education (including public school district employees).
Terms. Recapture and Default: Award ofCWHIP funds by the City will be in the form of
a deferred payment loan secured by a Restrictive Covenant A(2:reement. or other recorded
instrument. If the building is sold or transferred the full CWHIP subsidy plus any interest or
percentage of equity specified in the recorded instrument shall be returned to the City.
Recapture of CWHIP funds used for the acquisition/rehabilitation of the assisted rental
buildings will be as follows: if the total amount ofCWHIP funds invested in the acquisition
and/or rehabilitation of a building is up to $500.000 it will have a recapture period of thirty
(30) years. If the total amount of CWHIP funds invested in the acquisition and/or
rehabilitation of a building is above $500.000 it will have a recapture period of fifty (50)
years. If the building is sold. transferred. or refinanced during the recapture period. the
Owner shall repay to the City the full amount of CWHIP subsidy funds at the time of any
such sale. transfer. or refinancing. Not withstandin(2: the previous restrictions. the owner shall
be allowed to refinance the premises without being subiect to the provisions set forth therein
so long as the amount of the refinancing does not exceed the then outstanding balance of the
first mortgage. Subordination will only be approved if the refinancing will lower the current
mortgage payment and/or interest rate. No cash out will be allowed.
In the case of participants buying scattered home units with CWHIP funds. it will be secured
with a twenty years deferred payment loan at 0% interest rate. with full amount due if
property is sold. rented. or fails to be the primary residence during the twenty years term. The
loan becomes a grant at the end of the twenty years term.
Recipient Selection Criteria: Advertisements will be placed in newspaper of maior
18
circulation, as well as community meetings and mail-outs to community based organizations.
Sponsor Selection Criteria: The City of Miami Beach's Housing and Community
Development Division will be the primary agency responsible for carrying out the strategies
under the Housing Assistance Plan. The City anticipates that it will use a sponsor to carry out
program activities. In order to identify a sponsor, the City will issue a Competitive Notice of
Funding Availability (NOF A) for various not-for-profit and for-profit builders/developers to
participate in the program. Through the competitive NOF A process, the City will ascertain
the highest and best use of the funds in accordance with the guidelines outlined in this Plan.
Selection criteria will include, but may not be limited to:
(1 ) Ability to provide strong construction management practices and to provide first
quality materials, including landscaping if applicable
(2) Ability to perform all applicant selection and income certification processes in
accordance with local. state, and federal regulations
(3) Ability to comply with the City's reporting requirements
(4) Total proiect cost
(5) Total number of units
(6) Leveraging
(7) Ability to conform with the City's plan for spatial deconcentration
(8) Ability to provide homeowners with Home Ownership Counseling
(9) Ability to provide individualized training to homebuyer on issues such as home
maintenance and budgeting
(10) Ability to demonstrate that the organization participates in the W AGES and
Workforce Development Initiative program
The Housing and Community Development Division staff will review all responses to the
NOF A to ensure compliance with the requirements of the NOF A as well as the eligibility
requirements, as provided in the Florida Statutes, the SHIP Ordinance, HB1363, Resolutions
and this Plan. All eligible applications will be submitted to the City's Loan Review
Committee. The Committee will review all applications in accordance with the criteria as
outlined in the NOFA.
19
2. Incentives
The Mayor and City Commission of the City of Miami Beach, Florida, adopted an
Affordable Housing Incentives Plan on April 2, 1996, in compliance with City of Miami
Beach Ordinance No. 95-2989, City of Miami Beach Resolution No. 95-21556, the Florida
Administrative Code, and section 420.9076, Florida Statutes. The following incentives have
been adopted and incorporated into the Plan.
A. The definition originally adopted by the City defined "Affordable" in accordance with the
provisions of the SHIP Program Rule at the time. Since then, the SHIP Program Rule has
been amended. Therefore, in accordance with the amended SHIP Program Rule, the City
adopted the following definition. "Affordable" means that monthly mortgage payments,
including taxes and insurance do not exceed 30 percent of an amount representing the
percentage of the area's median annual gross income for the household as indicated in
subsections (28), (29), or (41). However, it is not the intent to limit an individual
household's ability to devote more than 30 percent of its income for housing. Housing for
which a household's ability to devote more than 30 percent of its income shall be deemed
affordable if the institutional first mortgage lender is satisfied that the household can
afford mortgage payments in excess of the 30 percent benchmark. The incentive is
functioning as intended. The incentive was implemented by City of Miami Beach
Ordinance No. 95-2989 and Resolution No. 95-21567.
B. The City of Miami Beach has implemented "the expedited processing of permits for
affordable housing projects." This incentive gives priority to designated affordable
housing projects when scheduling Pre-Design Conferences with all relevant agencies
including but not limited to: Fire, Planning & Zoning, Building, Historic Preservation,
Public Works, Americans with Disabilities Act (ADA), and the Housing and Community
Development Division of the Neighborhood Services Department. Also, when the plans
are ready for permitting, first priority is given to them; further the City has developed a
form to identify the projects reviewed by the Housing Division. The form is included in
the permit application package to indicate that the project is designated as meeting the
affordable housing criteria. The Housing Director acts as liaison to coordinate and
expedite the application with all relevant agencies. The incentive is functioning as
intended. It was enacted by administrative action on February 24, 1997.
C. The City of Miami Beach has implemented a process by which the City considers, before
adoption, procedures and policies that have a significant impact on the cost of housing.
Prior to the adoption of any proposed policy, procedure, Ordinance, Development Plan
regulation or Comprehensive Plan amendment that might impact housing, the City
evaluates its potential effect and cost on affordable housing. All such items are submitted
to the City's Housing and Community Development Division for review and analysis to
determine if the effect is significant. The Housing Division may provide proposed
legislation to applicable Boards and Committees for review. The incentive is currently
working as intended. It was enacted by administrative action on February 24, 1997.
20
V. TIMET ABLE FOR EXPENDITURE
Timetables for the expenditure of SHIP funds for State Fiscal Years 2004/05, 2005/06 and
2006/07 are located in the appendix of this document. The strategies under this SHIP
Housing Assistance Plan shall be monitored on an ongoing basis to ensure that SHIP Funds
are expended in a timely manner. As a Plan contingency, if the City determines that SHIP
Funds can not be fully expended within the established time frame by a current strategy, the
City will retarget funding to facilitate the prompt expenditure of funds. Funds will be
retargeted to populations with higher demands for services and/or reallocated to strategies
that are functioning as intended. The Housing Division will establish a system to ensure that
adequate records are kept and maintained for compliance with monitoring requirements.
VI. AFFORDABILITY
a. Homeownership
As required by the Florida Housing Finance Corporation, the City's SHIP Program will
assist extremely low income (30 percent of area median income), very low income (50
percent of median income) buyers, low income (80 percent of median income) buyers, and
moderate income (80 percent to 120 percent of median income) buyers, and persons with
special needs, to purchase affordable housing in Miami Beach.
Annual income limits adjusted for family size, as established by the Florida Housing
Finance Corporation, will be used to determine applicant eligibility for the program. These
guidelines are established and updated by the U.S. Department of Housing and Urban
Development to determine gross annual household income.
Affordable means that monthly mortgage payments including taxes and insurance do not
exceed 30 percent of the median annual gross income for the households. However, it is
not the intent to limit an individual household's ability to devote more than 30 percent of
its income for housing, and housing for which a household devotes more than 30 percent
of its income shall be deemed affordable if the first institutional mortgage lender is
satisfied that the household can afford mortgage payments in excess of the 30 percent
benchmark.
b. Rental (If applicable)
As required by the Florida Housing Finance Corporation, the City's SHIP Program will
assist extremely low income (30 percent of area median income), very low income (50
percent of median income) renters, low income (80 percent of median income) renters,
and moderate income (80 percent to 120 percent of median income) renters, and persons
with special needs, to rent affordable housing in Miami Beach.
Recapture of SHIP funds used for the rehabilitation of the assisted rental buildings will be
as follows: if the total amount of SHIP funds invested in the acquisition and/or
21
rehabilitation of a building is up to $500,000 it will have a recapture period of thirty (30)
years. If the total amount of SHIP funds invested in the acquisition and/or rehabilitation of
a building is above $500,000 it will have a recapture period of fifty (50) years. If the
building is sold, transferred, or refinanced during the recapture period, the Owner shall
repay to the City the full amount of SHIP subsidy funds at the time of any such sale,
transfer, or refinancing of the unit. Not withstanding the previous restrictions, the owner
shall be allowed to refinance the premises without being subject to the provisions set forth
therein so long as the amount of the refinancing does not exceed the then outstanding
balance of the first mortgage. Subordination will only be approved if the refinancing will
lower the current mortgage payment and/or interest rate. No cash out will be allowed
under any circumstances.
VII. ADVERTISEMENT AND OUTREACH
a. The City will utilize local print media, including advertising in publications read by area
minority groups. The City may announce the availability of SHIP funds through
announcements at community and civic group meetings, flyers to social services agencies,
and through its internal communications network. The SHIP programs will be
affirmatively marketed without regard to race, creed, religion, color, age, sex, sexual
orientation, marital status, familial status, handicap or national origin.
b. The City of Miami Beach will publish the Notice of Funding Availability (NOF A) for the
SHIP funds in a local newspaper of general circulation at least 30 days prior to accepting
applications for assistance.
VIII. ADMINISTRATIVE EXPENSES
a. The City of Miami Beach's Housing Division is responsible for the administration of the
SHIP Program. The City Staff prepares and implements the Local Housing Assistance
Plan. The Staff prepares Resolutions and all other necessary documentation for approval
by the City Commission including amendments to the Plan. In addition, City staff
prepares and submits to the Florida Housing Finance Corporation (FHFC) the required
annual reports. The City also interacts with the FHFC and prepares all advertisements.
The Staff prepares and evaluates the Notices of Funding Availability (NOFA) to secure
program sponsors. The Staff prepares and implements necessary agreements with the
sponsors selected to provide services. The City conducts ongoing monitoring of the
sponsors for compliance with the Plan and operates the SHIP Tracking System. The Staff
also reviews requests for reimbursements provided by the sponsors and prepares
documentation of corresponding payments. Other Staff functions include inspections and
technical assistance.
b. Up to ten (10) percent of the SHIP allocation will be utilized to offset administrative
expenses for the program.
22
c. A detailed listing of administrative expenditures for each fiscal year of the Plan is outlined
in Table 1. The table includes the salary for one full-time Housing Specialist.
a eo mIDIS ra lVe x penses
Administrative Expenses FY 2004/05 FY 2005/06 FY 2006/07
Salaries $42,405. $42,405 $42,405
AdvertisinglMarketing $ 520 $ 520 $ 520
Miscellaneous $ 0 $ 0 $ 0
Total Expenses $42,925 $42,925 $42,925
(10% of Allocation)
T bl f Ad . . t f E
Note: For FY 2005/06 and FY 2006/07 allocation amounts have been projected based on the estimated allocation
provided by the Florida Housing Finance Corporation for FY 2004/05.
d. The City of Miami Beach currently does not intend to use outside consultants as a part of
its SHIP Program.
23
CERTIFICA TION TO
FLORIDA HOUSING FINANCE CORPORATION
Local Government: City of Miami Beach CouRty/City
(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, color, age, sex, familial or marital status, handicap,
religion, 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 of the plan.
(7) The Local Housing Assistance Plan shall provide for the expenditure of SHIP 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.
(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.
24
(14) SHIP funds will not be pledged for debt service on bonds or as rent subsidies.
(I5) 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 SHIP funds shall be monitored at least
annually for 15 years for compliance with tenant income requirements and affordability
requirements.
Witness Robert Parcher
City Clerk
(18) the Local Housing Assistance Plan shall prov'
~K PlU~
David Dermer, Mayor
Witness Type Name and Title
October 11, 2006
Date
OR
Attest:
(Seal)
APPROVED AS TO
FORM & LANGUAGE
CUnON
F:\NEIG\HSG-CD\THOMAS\ShipGraI\HousingPlan\2007 Plan\Plan2004+07,doc
25
Exhibit F
STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAM
INFORMATION SHEET
LOCAL GOVERNMENT:
City of Miami Beach
CHIEF ELECTED OFFICIAL (Mayor, Chairman, etc.): Mayor David Dermer
ADDRESS: 1700 Convention Center Drive
Miami Beach. FL 33139
SHIP ADMINISTRATOR:
ADDRESS:
Thomas N. Urriola
1700 Convention Center Drive
Miami Beach. FL 33139
TELEPHONE:(305) 673-7260
EMAIL ADDRESS:
FAX:(305) 673-7772
thomasurriola@miamibeachfl.gov
ADDITIONAL SHIP CONTACTS: John Quade
ADDRESS: (same)
EMAIL ADDRESS: iohnquade@miamibeachfl.gov
INTERLOCAL AGREEMENT: YES/NO (IF yes, list other participants in the inter-local agreement):
The following information must be furnished to the Corporation before any funds can be disbursed.
LOCAL GOVERNMENT EMPLOYER FEDERAL ID NUMBER: 59-600372
MAIL DISBURSEMENT TO: City of Miami Beach
ADDRESS: 1700 Convention Center Drive
Miami Beach. FL 33139
OR:IF YOUR FUNDS ARE ELECTRONICALLY TRANSFERRED PLEASE COMPLETE THE A TT ACHED FORM:
o NO CHANGE FROM PREVIOUS ELECTRONIC FORM SUBMITTED.
Provide any additional updates the Corporation should be aware of In the space below:
Please return this form to: SHIP PROGRAM MANAGER, FHFC 227 N. BRONOUGH ST, STE 5000
TALLAHASSEE, FL 32301 Fax: (850) 922-7253
F:\NEIG\HSG-CD\ THOMAS\ShipGraI\HousingPlan\2007 Plan\infoshet.doc
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RESOLUTION NO. 2006-26363
A RESOLUTION OF THE MAYOR AND CITY
COMMISSION OF THE CITY OF MIAMI BEACH,
FLORIDA APPROVING AND ADOPTING THE
ATTACHED AMENDED LOCAL HOUSING
ASSISTANCE PLAN FOR THE STATE HOUSING
INITIATIVES PARTNERSHIP (SHIP) PROGRAM, FOR
FISCAL YEARS 2004/05, 2005/06, AND 2006/07, AS
REQUIRED BY THE STATE HOUSING INITIATIVES
PARTNERSHIP PROGRAM ACT, SECTIONS 120.907-
420.9079, FLORIDA ADMINISTRATIVE CODE;
AUTHORIZING EXECUTION OF THE NECESSARY
CERTIFICATIONS BY THE MAYOR AND CITY CLERK;
AND AUTHORIZING SUBMISSION OF THE AMENDED
LOCAL HOUSING ASSISTANCE PLAN FOR REVIEW
AND APPROVAL BY THE FLORIDA HOUSING
FINANCE CORPORATION.
WHEREAS, the State of Florida enacted the William E. Sadowski
Affordable Housing Act (the Act) on July 7, 1992, allocating a portion of new and
existing documentary stamp taxes on deeds to local governments for
development and maintenance of housing through the State Housing Initiatives
Partnership (SHIP) Program; and
WHEREAS, the Act requires that in order to qualify for funding, local
governments prepare and submit a Local Housing Assistance Plan outlining how
the funds will be used; and
WHEREAS, on April 14, 2004, the Mayor and City Commission approved
and adopted a City of Miami Beach Housing Assistance Plan for Fiscal Years
2004/05, 2005/06 and 2006/07, pursuant to Resolution No. 2004-25537,
pursuant to the requirements of the Act and the SHIP Rule issued by the Florida
Housing Finance Corpo~ation; and
WHEREAS, the Administration has amended the Local Housing
Assistance Plan, as attached to this Resolution, for Fiscal Years 2004/05,
2005/06, and 2006/07, in order to incorporate two new assistance strategies
(Rental Housing Development and Workforce Housing) to enable the City to
better serve our community and adapt to the new housing market conditions, as
well as to qualify the City and other community organizations to receive
allocations of SHIP and the Community Workforce Housing Innovation Pilot
(CWHIP) Program funds for eligible housing activities.
",
T:\AGENDA\2006\sep0606\consent\SHIP Local Housing Plan Amendt Reso.doc
NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND
CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the
Mayor and City Commission hereby approve and adopt the attached amended
Local Housing Assistance Plan for the State Housing Initiatives Partnership
(SHIP) Program, for Fiscal Years 2004/05, 2005/06, and 2006/07, as required by
the State Housing Initiatives Partnership Program Act, Sections 120.907-
420;9079, Florida Administrative Code; authorizing execution of the necessary
certifications by the Mayor and City Clerk; and authorizing submission of the
amended Local Housing Assistance Plan for review and a roval by the Florida
Housing Finance Corporation.
PASSED and ADOPTED this 11th day of Dc obe
, 200 6.
A~( f~
CITY CLERK
Robert Parcher
T:\AGENDA\2006\sep0606\consent\SHIP Local Housing Plan Amendt Reso.doc