Loading...
SHIP Local Housing Assistance Plan,-2Da7- ,26 Lr/v 5I//h Cy Ai City of Miami Beach LHAP MIAMI BEACH SHIP LOCAL HOUSING ASSISTANCE PLAN (LHAP) FISCAL YEARS COVERED 2007/2008, 2008/2009 and 2009/2010 City of Miami Beach LHAP I. PROGRAM DESCRIPTION: A. Name of the participating local government and Interlocal if Applicable: Section 420.9072 (5) Florida Statutes City of Miami Beach Interlocal : Yes No X B. Purpose of the program: Creation of the Plan is for the purpose of meeting the housing needs of the very low, low, and moderate income households, to expand production of and preserve affordable housing, to further the housing element of the local government comprehensive plan specific to affordable housing. C. Fiscal years covered by the Plan: 2007/2008 2008/2009 2009/2010 D. Governance: Chapter67-37.005(3) and (5)(i)F.A.0 .and Section 420.907.1(14)F.S. The SHIP Program is established in accordance with Section 420.907-9079, Florida Statutes and Chapter 67-37.007 Florida Administrative Code. The SHIP Program does further the housing element of the local government Comprehensive Plan. -2 City of Miami Beach LHAP E. Local Housing Partnership: Section 420.9072(1)(a), F.S. SHIP Program encourages building active partnerships between government, lenders, builders and developers, real estate professionals, advocates for low- income persons and community groups. The City of Miami Beach works closely with its designated Community Housing Development Organization (CHDO), as well as other local groups involved in local housing activities, in the development of its Local Housing Assistance Plan. F. Leveraging: The Plans are intended to increase the availability of affordable residential units by combining local resources and cost saving measures into a local housing partnership and using public and private funds to reduce the cost of housing. SHIP funds may be leveraged with or used to supplement other Florida Housing Finance Corporation programs and to provide local match to obtain federal housing grants or programs. The City of Miami Beach is an Entitlement Community which receives HOME and CDBG funds from the U.S. Department of Housing and Urban Development (HUD) that will be used, in combination with other local funds, to leverage the SHIP funds and reduce the cost of housing in the City. G. Public Input: Public input was solicited through face to face meetings with housing providers, social service providers, local lenders and neighborhood associations through public hearings conducted in conjunction with the City's Five Years Consolidated Plan. Public input was solicited through the local newspaper in the advertising of the Local Housing Assistance Plan and the Notice of Funding Availability (NOFA). H. Advertising and Outreach The City advertises the NOFA in a newspaper of general circulation and periodicals serving ethnic and diverse neighborhoods, at least 30 days before the beginning of the application period. Discrimination: In accordance with the provisions of ss.760.20-760.37, the City of Miami Beach does not discriminate on the basis of race, creed, religion, color, age, sex, sexual orientation, marital status, familial status, national origin, or handicap in the award application process for eligible housing. J. Support Services and Counseling: Support services are available from various sources. Available support services may include but are not limited to: homeownership counseling (pre and post), credit 3 City of Miami Beach LHAP counseling, tenant Counseling, transportation, legal Counseling, health and psychological services, employment and training, consumer credit and fair housing. Note: All sponsors receiving SHIP Program funds will be required to offer Home Ownership Training to prospective homebuyers. 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. K. Purchase Price Limits: Purchase Price Limits: The sales price or value of new or existing eligible housing may not exceed 90% of the average area purchase price in the statistical area in which the eligible housing is located. Such average area purchase price may be that calculated for any 12 -month period beginning not earlier than the fourth calendar year prior to the year in which the award occurs. The sales price of new and existing units can be lower, but may not exceed 90% of the median area purchase price established by the U.S. Treasury Department or any other independent study. The methodology used is: Independent Study (copy attached) U.S. Treasury Department X Bond Study Numbers provided by Florida Housing Finance Corporation The purchase price limit for new and existing homes: $331,579 L. Income Limits, Rent Limits, and Affordability: The Income and Rent Limits used in the SHIP Program are updated annually from the Department of Housing and Urban Development and distributed by Florida Housing Finance Corporation. Affordable, means that monthly rents or mortgage payments including taxes and insurance do not exceed 30 percent of that amount which represents the percentage of the median annual gross income for the households as indicated in Sections 420.9071 (19), (20) and (28), F.S. However it is not the intent to limit an individual household's ability to devote more than 30% of its income for housing, and housing for which a household devotes more than 30% 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% benchmark and, in the case of rental housing, does not exceed those rental limits adjusted for bedroom size. M. Welfare Transition Program: The City has developed a qualification system and selection criteria for applications for awards to eligible sponsors, which includes a description that demonstrates how 4- City of Miami Beach LHAP eligible sponsors that employed personnel from the Welfare Transition Program will be given preference in the selection process. N. Monitoring and First Right of Refusal: In the case of rental housing, the staff or entity that has administrative authority for implementing the local housing assistance plan assisting rental developments shall annually monitor and determine tenant eligibility or, to the extent another governmental entity provides the same monitoring and determination, a municipality, county or local housing financing authority may rely on such monitoring and determination of tenant eligibility. However, any loan or grant, in the original amount of $3,000 or less shall not be subject to these annual monitoring and determination of tenant eligibility requirements. Tenant eligibility will be monitored at least annually for 15 years or the term of assistance, whichever is longer. Eligible sponsors that offer rental housing for sale before 15 years or that have other remaining mortgages funded under the SHIP Program must give a first right of refusal to eligible nonprofit organizations for purchase at the current market value for continued occupancy by eligible persons. 0. Administrative Budget: A detailed listing including line -item budget of proposed Administrative Expenditures is attached as Exhibit A. These are presented on an annual basis for each State fiscal year submitted. The City of Miami Beach finds that the moneys deposited in the local housing assistance trust fund shall be used to administer and implement the local housing assistance plan. In accordance with Chapter 67-37, Florida Administrative Code, the cost of administering the plan does not exceed 5 percent of the local housing distribution moneys and program income deposited into the trust fund. A county or an eligible municipality may not exceed the 5 percent limitation on administrative costs, unless its governing body finds, by resolution, that 5 percent of the local housing distribution plus 5 percent of program income is insufficient to adequately pay the necessary costs of administering the local housing assistance plan. The cost of administering the program may not exceed 10 percent of the local housing distribution plus 5% of program income deposited into the trust fund, except that small counties, as defined in s. 120.52(17), and eligible municipalities receiving a local housing distribution of up to $350,000 may use up to 10 percent of program income for administrative costs. The City of Miami Beach has adopted the above findings in the attached Resolution, Exhibit E. 5 City of Miami Beach LHAP P. PROGRAM ADMINISTRATION: Administration of the Local Housing Assistance Plan is the responsibility of the City of Miami Beach. 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 NOFA 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 will review all responses to the NOFA to ensure compliance with the requirements of the NOFA as well as under applicable 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 NOFA. -6- City of Miami Beach LHAP Q. Essential Service Personnel In accordance with Rule Chapter 67-37.002(8) F.A.C. and Chapter 67-37.005(8), F.A.C. and Section 420.9075(3)(a) FS, "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). II. LHAP HOUSING STRATEGIES: NOTE: In the event preference is ziven to Essential Service Personnel. plan text must so state pursuant to Chapter 67- 37.005(8). F.A.C. Description: A. Housing Rehabilitation (Code 3): a. Summary of the Strategy: Rehabilitation of single family, first time home buyer or owner -occupied housing. The Program will provide rehabilitation assistance to very low, low, and moderate income owner occupied single family housing located within the corporate limits of the City of Miami Beach. Up to fifty (50) percent of the funds will be targeted to assist Program participants who are Essential Service Personnel, as defined on Section I (Q) of this Plan. 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. "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 rehabilitated with SHIP funds must meet all applicable local codes, rehabilitation standards 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/rehabilitated at individual sites or to allow the purchase/rehabilitation of several units in one building, not to exceed more than one fifth of the units in the building. In general, the City -7- City of Miami Beach LHAP will stress the need for the spatial deconcentration of assisted housing units throughout the City. b. Fiscal Years Covered: 2007/08, 2008/09 and 2009/10 c. Income Categories to be served: Eligible persons/households that are very low, low, or moderate income. See also Section I (L) of this Plan. d. Maximum award as noted on the Housing Delivery Goals Charts:$40,000 e. Terms, Recapture and Default: Fifteen (15) years deferred payment loan at 0% interest. Full balance due if property is sold, rented, refinanced or the property fails to be the primary residence during the fifteen years term. Notwithstanding the previous restrictions, the owner shall be allowed to refinance 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. f. Recipient Selection Criteria: All recipients of assistance must meet the applicable eligibility requirements as stipulated in the Florida Statutes, the SHIP Rule, and this Plan. Applicants will be selected from a waiting list on a first come, first ready basis. According to the SHIP Program regulations, 30% of the total number of recipients of assistance must be very low income applicants; 30% may be low-income applicants and the balance will be assigned to moderate income applicants. Up to 50% of the funds will be targeted to assist program participants who are Essential Service Personnel as defined in Section I (Q) of this Plan. g. Sponsor Selection Criteria: See Section I (P) of this Plan. h. Additional Information: Mobile homes and trailers are not eligible for this strategy. Eligible housing must be located within the corporate limits of the City of Miami Beach. B. New Construction (Code 10): a. Summary of the Strategy: To develop home ownership opportunities, the City will assist very low, low, and moderate income buyers and persons with special needs to purchase affordable housing in Miami Beach. b. Fiscal Years Covered: 2007/08, 2008/09 and 2009/10 c. Income Categories to be served: Eligible persons/households that are very low, low, or moderate income. See Section I (L) of this Plan. 8 City of Miami Beach LHAP d. Maximum award is noted on the Housing Delivery Goals Charts: $40,000 e. Terms, Recapture and Default. Fifteen (15) years deferred payment loan at 0% interest. Full balance due if property is sold, rented, refinanced or the property fails to be the primary residence during the fifteen years term. Notwithstanding the previous restrictions, the owner shall be allowed to refinance 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. Additionally, if the unit is sold prior to the extinction of the affordability period, part of the equity produced by the sale shall be also reimbursed to the City as follows: If the unit is sold between the first and the tenth year, 50% of the profit shall be paid to the City; if the unit is sold between the eleventh and the fifteenth year, 25% of the profit shall be paid to the City. Furthermore, in case of foreclosure, or selling of the housing unit before 15 years, or that have remaining mortgages funded under this Program, owner must give a first right of refusal to the City, or such eligible nonprofit organizations as the City may designate, for purchase at the current market value for continued occupancy by eligible persons. f. Recipient Selection Criteria: All recipients of assistance must meet the eligibility requirements as stipulated in the applicable Florida Statutes, the SHIP Rule, and this Plan. Applicants will be selected from a waiting list on a first come, first ready basis. According to the SHIP Program regulations, 30% of the total number of recipients of assistance must be very low income applicants; 30% could be low-income applicants and the balance will be assigned to moderate income applicants. Up to 50% of the funds will be targeted to assist program participants who are Essential Service Personnel as defined in Section I (Q) of this Plan. g. Sponsor Selection Criteria: See Section I (P). h. Additional Information: Mobile homes and trailers are not eligible for this strategy. Eligible housing must be located within the corporate limits of Miami Beach. All prospective housing units must be either vacant or owner - occupied at the time of initial purchase. All sponsors receiving SHIP funds will be required to offer Home Ownership Training to prospective homebuyers —See Section I (J)-. C. Closing Costs and Down Payment (Code 2): a. Summary of the Strategy: Closing costs and down payment assistance will -9 City of Miami Beach LHAP 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. b. Fiscal Years Covered: 2007/08, 2008/09 and 2009/10 c. Income Categories to be served: Eligible persons/households that are very low, low or moderate income. See Section I (L). d. Maximum award is noted on the Housing Delivery Goals Charts: $40,000 e. Terms, Recapture and Default: Fifteen (15) years deferred payment loan at 0% interest. Full balance due if property is sold, rented, refinanced or the property fails to be the primary residence during the fifteen years term. Not withstanding the previous restrictions, the owner shall be allowed to refinance 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. Additionally, if the unit is sold prior to the extinction of the affordability period, part of the equity produced by the sale shall be also reimbursed to the City as follows: If the unit is sold between the first and the tenth year, 50% of the profit shall be paid to the City; if the unit is sold between the eleventh and the fifteenth year, 25% of the profit shall be paid to the City. Furthermore, in case of foreclosure, or selling of the housing unit before 15 years, or that have remaining mortgages funded under this Program, must give a first right of refusal to the City, or such eligible nonprofit organization as the City may designate, for purchase at the current market value for continued occupancy by eligible persons. f. Recipient Selection Criteria: All recipients of assistance must meet the eligibility requirements as stipulated in the applicable Florida Statutes, the SHIP Rule, and this Plan. Applicants will be selected from a waiting list on a first come, first ready basis. According to the SHIP Program regulations, 30% of the total number of recipients of assistance must be very low income applicants; 30% may be low-income applicants; and the balance will be assigned to moderate income applicants. Up to 50% of the funds will be targeted to assist Program participants who are Essential Service Personnel as defined in Section I (Q) of this Plan. g. Sponsor Selection Criteria: See Section I (P) of this Plan. h. Additional Information: Mobile homes and trailers are not eligible for this strategy. Eligible housing must be located within the corporate limits of the City of Miami Beach. All prospective housing units must be either vacant or -10- City of Miami Beach LHAP owner -occupied at the time of initial purchase. All sponsors receiving SHIP funds will be required to offer Home Ownership Training to prospective homebuyers (See Section I (J) of this Plan). D. Rehabilitation of Multi -family Buildings for Condominium Conversion (Code 1): a. Summary of the Strategy: Rehabilitation of vacant multi -family buildings to be converted into condominium units to be offered to income eligible participants. In buildings with ten (10) or less units all the units will be provided to income eligible participants in the homebuyer program. In buildings with more than ten (10) units, up to forty percent of the units will be provided through the program and the balance of the units could be sold at market rate. Any profits in an eligible project will be utilized to provide additional homeownership opportunities. b. Fiscal Years Covered: 2007/08, 2008/09 and 2009/10 c. Income Categories to be served: : Eligible persons/households that are very low, low, or moderate income. See Section I (L) of this Plan. d. Maximum award is noted on the Housing Delivery Goals Charts: $40,000 e. Terms, Recapture and Default: Fifteen (15) years deferred payment loan at 0% interest. Full balance due if property is sold, rented, refinanced or the property fails to be the primary residence during the fifteen years term. Notwithstanding the previous restrictions, the owner shall be allowed to refinance 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. Additionally, if the unit is sold prior to the extinction of the affordability period, part of the equity produced by the sale shall be also reimbursed to the City as follows: If the unit is sold between the first and the tenth year, 50% of the profit shall be paid to the City; if the unit is sold between the eleventh and the fifteenth year, 25% of the profit shall be paid to the City. Furthermore, in case of foreclosure, or selling of the housing unit before 15 years or that have remaining mortgages funded under this Program, must give a first right of refusal to the City or eligible nonprofit organizations for purchase at the current market value for continued occupancy by eligible persons. f. Recipient Selection Criteria: All recipients of assistance must meet the eligibility requirements as stipulated in the applicable Florida Statutes, the SHIP Rule, and this Plan. Applicants will be selected from a waiting list on a - 11 - g. City of Miami Beach LHAP first come, first ready basis. According to the SHIP Program regulations, 30% of the total number of recipients of assistance must be very low income applicants; 30% may be low-income applicants, and the balance will be assigned to moderate income applicants. Up to 50% of the funds will be targeted to assist Program participants who are Essential Service Personnel as defined in Section I (Q) of this Plan. Sponsor Selection Criteria: See Section I (P) of this Plan. h. Additional Information: Eligible housing must be located within the corporate limits of the City of Miami Beach. All prospective housing units must be either vacant or owner -occupied at the time of initial purchase. All sponsors receiving SHIP funds will be required to offer Home Ownership Training to prospective homebuyers (See Section I (J) of this Plan). E. Rental Housing Development (Code 12): a. Summary of the Strategy: SHIP Program 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 (10) 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 through the Program in accordance with the 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. b. Fiscal Years Covered: 2007/08, 2008/09 and 2009/10. c. Income Categories to be served: Eligible persons/households that are very low, low or moderate income. See Section I (L) of this Plan. d. Maximum award is noted on the Housing Delivery Goals Charts: $40,000 per rental unit. e. Terms, Recapture and Default: A Fifteen (15) year deferred payment loan at 0% interest. Full balance of the SHIP subsidy will be due if the property is sold or transferred. Eligible sponsors that offer rental housing for sale before the fifteen (15) years or that have remaining mortgages funded under this Program, must give a first right of refusal to the City or to an eligible nonprofit organization for purchase at the current market value for continued occupancy by income -eligible persons. Furthermore, if the unit is sold prior to the extinction of the 15 year affordability period, part of the equity produced by the sale shall be also reimbursed to the City as follows: If the building is sold between the first and the tenth year, 50% of the profit shall be paid to the City; if the building is sold between the eleventh and the fifteenth year, 25% of the profit shall be - 12 - City of Miami Beach LHAP paid to the City. f. Recipient Selection Criteria: All recipients of assistance must meet the eligibility requirements as stipulated in the applicable Florida Statutes, the SHIP Rule, and this Plan. Applicants will be selected from a waiting list on a first come, first ready basis. According to the SHIP Program regulations, 30% of the total number of recipients of assistance must be very low income applicants; 30% can be low-income applicants, and the balance will be assigned to moderate income applicants. Up to 50% of the funds will be targeted to assist Program participants who are Essential Service Personnel as defined in Section I (Q) of this Plan. g. Sponsor Selection Criteria: See Section I (P) of this Plan. h. Additional Information: Mobile homes and trailers are not eligible for this strategy. Eligible housing must be located within the corporate limits of Miami Beach. All prospective housing units must be either vacant or owner - occupied at the time of initial purchase. F. Workforce Housing (Codes 12 & 1): a. Summary of the Strategy: Acquisition/Rehabilitation of multifamily buildings to provide rental units to Essential Service Personnel. Down payment, closing costs and rehabilitation assistance will be also provided to Essential Service Personnel (as defined in Section I (Q) of this Plan) for the purchase of scattered housing that will be occupied as their primary residence. b. Fiscal Years Covered: 2007/08, 2008/09 and 2009/10. c. Income Categories to be served: For the segment of SHIP funding in the project, the Program will serve eligible persons/households that are very low, low, or moderate income. See Section I (L) of this Plan. Income categories for services provided under other funding sources, could be up to 140% of Area Media Income or as determined by the criteria of such sources. d. Maximum award is noted on the Housing Delivery Goals Charts: $40,000 of SHIP funds per rental/first time homebuyer unit. e. Terms, Recapture and Default: A Fifteen (15) year deferred payment loan at 0% interest. Full balance of the SHIP subsidy will be due if the property is sold or transferred. Eligible sponsors or first time homebuyers that offer rental/home ownership housing for sale before the fifteen (15) years or that have remaining mortgages funded under this Program, must give a first right of refusal to the City or to an eligible nonprofit organization for purchase at the current market value for continued occupancy by income -eligible persons. - 13 - City of Miami Beach LHAP Furthermore, if the unit is sold prior to the extinction of the 15 years affordability period, part of the equity produced by the sell shall be also reimbursed to the City as follows: If the building is sold between the first and the tenth year, 50% of the profit shall be paid to the City; if the building is sold between the eleventh and the fifteenth year, 25% of the profit shall be paid to the City. If CWHIP funds are invested in a building, award of CWHIP funds by the City will be in the form of a deferred payment loan secured by a Restrictive Covenant, or other recordable 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 and/or rehabilitation of the assisted rental buildings will be as follows: if the total amount of CWHIP 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 more than $500,000 it will have a recapture period of fifty (50) years. f. Recipient Selection Criteria: All recipients of SHIP assistance must meet the eligibility requirements as stipulated in applicable Florida Statutes, the SHIP Rule, and this Plan. Applicants will be selected from a waiting list on a first come, first ready basis. According to the SHIP Program regulations, 30% of the total number of recipients of assistance must be very low income applicants; 30% may be low-income applicants, and the balance will be assigned to moderate income applicants. Up to 50% of the funds will be targeted to assist Program participants who are Essential Service Personnel as defined in Section I (Q) of this Plan. Recipients of other funding will meet the eligibility requirements of each respective funding sources. g. Sponsor Selection Criteria: Se Section I (P) of this Plan. h. Additional Information: Mobile homes and trailers are not eligible for this strategy. Eligible housing must be located within the corporate limits of the City of Miami Beach. All prospective housing units must be either vacant or owner -occupied at the time of initial purchase. III. LHAP INCENTIVE STRATEGIES In addition to Strategy A and Strategy B listed below, list all incentives as provided in 420.9076(4) FS. A. Name of the Strategy: Expedited Permitting Permits as defined in s. 163.3164(7) and (8) for affordable housing projects are expedited to a greater degree than other projects. - 14 - City of Miami Beach LHAP a. Established policy and procedures: This incentive gives priority to designated affordable housing projects when scheduling pre -design conferences with relevant City agencies including, but not limited to: Fire, Planning and Zoning, Building, Historic Preservation, 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 incentive was enacted by administrative action on February, 1997. B. Name of the Strategy: Ongoing Review Process An ongoing process for review of local policies, ordinances, regulations and plan provisions that increase the cost of housing prior to their adoption. a. Established policy and procedures: 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. The Housing and Community Development Division may provide proposed legislation to applicable City boards and committees for their review. The incentive was enacted by administrative action on February, 1997. - 15 - City of Miami Beach LHAP Exhibit A ADMINISTRATIVE BUDGET ADMINISTRATIVE BUDGET FOR EACH FISCAL YEAR LHAP Template 6/06 Exhibit A Admin Budget Fiscal Year : 2007/2008 Salaries and Benefits $ 48,000.00 Office Supplies and Equipment $ 1,800.00 Travel Perdiem Workshops, etc $ 2,000.00 Advertising $ 2,000.00 $ 53,800.00 Fiscal Year: 2008/2009 Salaries and Benefits $ 48,000.00 Office Supplies and Equipment $ 1,800.00 Travel Perdiem Workshops, etc $ 2,000.00 Advertising $ 2,000.00 $ 53,800.00 Fiscal Year : 2009/2010 Salaries and Benefits $ 48,000.00 Office Supplies and Equipment $ 1,800.00 Travel Perdiem Workshops, etc $ 2,000.00 Advertising $ 2,000.00 $ 53,800.00 Based on a distribution of: $525,506 Exhibit A City of Miami Beach LHAP Exhibit B TIMELINE - 17 - O x o x w TIMETABLE FOR STATE FISCAL YEAR 2007/2008 Name of Local Government: City of Miami Beach 0 a X X: m x x n % % N Y X co N r O X Ro C Y 2 Advertise Availability o Application Period(On-Going) Start Program Year -Year Review/Adjustments Encumbrance Deadline Expenditure Deadline Final Program Type in the applicable years across the top line. Directions: List Program Activities down left hand side. Type in an "X" on applicable activity line under month and year the activity will be initiated or completed. At a minimum the following activities should be included: 1) Advertise availability of funds and application period 2) Encumbrance of funds (12 months following end of State Fiscal Year) 3) Expenditure of funds (24 months following end of State Fiscal Year). 4) Submit Annual Report to FHFC (September 15th) m r x w TIMETABLE FOR STATE FISCAL YEAR 2008/2009 Name of Local Government: City of Miami Beach 0 0 N O 0 t0 O N N a00 0 X r x x t A 0 j 2 Advertise Availability of Funds Application Penod(On-G Encumbrance Deadline Expenditure Deadline Final Program Re Type in the applicable years across the top line. Directions: on applicable activity line under month and year the activity will be initiated or completed. At a minimum the following activities should be included: 1) Advertise availability of funds and application period 2) Encumbrance of funds (12 months following end of State Fiscal Year) 3) Expenditure of funds (24 months following end of State Fiscal Year). 4) Submit Annual Report to FHFC (September 15th) LHAP Template 6_06 TIMETABLE FOR STATE FISCAL YEAR: 2009/2010 Name of Local Government: City of Miami Beach Advertise Availability of Funds Application Period(On-Going) Start Program Year Annual Report Mid -Year Review/Adjustments End -Year Review/Adjustments 0 E Expenditure Deadline Final Program Type in the applicable years across the top line. List Program Activities down left hand side. Type in an "X" on applicable activity line under month and year the activity will be initiated or completed. At a minimum the following activities should be included: 1) Advertise availability of funds and application period 2) Encumbrance of funds (12 months following end of State Fiscal Year) 3) Expenditure of funds (24 months following end of State Fiscal Year). 4) Submit Annual Report to FHFC (September 15th) City of Miami Beach LHAP Exhibit C HOUSING DELIVERY GOALS z 0 0 cc 0 V w U z z_ LL ,z^^ , y/ EO EJ ALL HOUSING DELIVERY GOALS CHART#2002 Fiscal Yr. Closeout: $590,506.00 l0 o COa A, a (0 2 SHIP Dollars e s S o .(0 SHIP Dollars SHIP Dollars a 0 7 I� M M CO CO O O O O) O O 0 0 0 0 0 .6 0 0 0 0 0 0 g? - 0,, O) M (O N- (0 0 0 0 V I� V O O O O O 'V O a0 O O O O V N co (Q O v _ rn � a a 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 C1 CO 0 O O 0 O 0 0 0) N CO 0 (U O O O O (U W O- O (N (NI 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 N O O O O O O O N e O O O O O O o 0 V r --O O O O M (n to r A O U) Uj fA E<3 O(0 (0 co Q) O O O O Q) co (O (n (V .- O I-- O O O r 3 Gr N (N co (O (n (O r 0 O ',1- tf) E9 (» v> (» E9 M I- a to Ea Ea 6.3 = i» i» O O O d 0 0 0 o O 0 69 63 oo O O O N O O N r O O P. - CD O 0 0 O O O O N (n (O CO - 69 CO N 69 69 O 0 co to - 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 o o 0 CO 69 ▪ CO 69 69 0 0 0 0 0 0 0 0 0 0 E 0 0 0 0 0 g o o 0 0 0 a co ea 63 co 6699 N 0 0 0 0 0 0 0 0 0 0 O O O O O O O O O c5- ; a • 63 co co c D Name of Local Government: HOME OWNERSHIP 1 Rehab/Repair O (0 x 0 a N 0 7 a 0) f h SHIP Dollars S a. (r) c D 3 a 0 0 6A O 0 63 O O O 69 $590.506.00 0 0 N C E QI O' u.m E 3 E E°.ci o c • a` ci y 'oI EI W Q x1 ca2 O 0 0 OO 0 nj E 0 0 r 4 0 0 I0 c O O .�2 (n co 69 69 CO o ES ZtA 1 c 4 LO LO N 0 0 N 0 63 Total Availab O (O 0 '-- Housing Rehabilitation C Closing Cost/Down Payment Multifamily Condominium Conversion O 0 Subtotal 1 (Home Ownership) STRATEGIES Subtotal 2 (Non -Home Ownership) od m C N E2 E b 7 O a J E a a= a N C I o E d O - ` O C r b a u- 0(01 : c E E g N Tg E 'E E Q 4 I 0 N v n r U Percentage Construction/Reh c O E Maximum Allowable Purchase Price: Moderate Income J H 0 ✓ Z 0 a 9 I� !0 U Z Z I1 Z o tO 1 Q Ce 0 J fLL HOUSING DELIVERY GOALS CHART#2002 STRATEGIES FOR THE LOCAL HOUSING ASST` TANCE PLAN FOR STATE FISCAL YEAR: 0 co N LL 0 r A I� M co co co 0 O O O) 0 C) 0 0 0 0 0) w O 00 0 0 0 0 0 0 0 0 0 0 82- 0 0 0 0 0 m M CO 0 O 0 p� 0 O 0 O 0 0 0 41 O Ta 3 r V 0 0 0 c) m O O 0 0 0 0 0) N OD 0 W O O V O O O O O O •ei O c N O O 0 O N W 0 00 u r a r a 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 N O O O O O O O N O O O O O O O O V I— O 0 O O Ea Ea Ea R_ s 0 Ea 0 Ea Ea 0 6 '0 CO 0) O O O O Q) 0 co Lo NR O O I� O O O r O r r N O 0 3 N co Eo E1) r 0 v v( Ea I- d Ea Ea 0 Ea Ea M r d Ea Ea Ea 63 = Ea Ea Name of Local Government: S SHI SHIP Dollars SHIP Dollars O 0 0 0 O 0 O 0 0 0 83 CO 0 0 0 0 Or) 00 0 Or) O O d O 0 Ea N 0 Ea 0 0 0 0 0 O 0 0 O Ci. 8-- R a 0 0 N 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0ea 0 N a 0 0 00 0 0 0 O O O E 0 0 0 0 0 a X 63 0 0 69 f0 N f0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 _ O O O O O n 3 0 63 0 0 r o ¢ HOME OWNERSHIP c x E°' or LL M 3 z r— Subtotal 1 (Home Ownership) el a SH 3 a. Z w f a. en 88 3 > S a.8 N a $147,600.00 0 0 49 0 0 O O ED O O f9 O O O J r Z W STRATEGIES E 3 Subtotal 2 (Non -Home Ownership) Administration Fees Admin. From Program Income Home Ownership Counseling $590.506.00 O O E N ¢ r c O F O Mo fig Q 0 ¢ O T O c 0 0CO r C r m w 0 0 EO C a a E0 O 0 0 r GRAND TOTAL Add Subtotals 1 8 2, plus all Admin. Percentage Construction/Reh °) Z 0 0 N Max Amount Program Income For Adm 0 0 00 � O 0 63 Projected Program Income: 0 O E9 Total Available Funds: 0 0 0 0 O 0 o O 0 0 0 0 C O E Maximum Allowable Purchase Price: Allocation Breakdown E E O O c 0 5) U J - t` Z 3 -0 r O >J 21— z 0 H 0 0 W V z LL N O i 0 J LL HOUSING DELIVERY GOALS CHART#2002 STRATEGIES FOR THE LOCAL HOUSING ASSISTANCE PLAN FOR STATE FISCAL YEAR: Available Funds: I-- M M co co O O O 0) Ta lL a+• _ F 3 a 0 0 0 00 0 0 0 0 0 0 _ a O M (0 I� CO O O 0 I� V O O O O Y3 .� O V 0 CO O O O O V u N (D 1- o H U Name of Local Government: 0. X 2 0. X f 7 0. x 2 HOME OWNERSHIP >, O ro N SHIP Dollars 8 a. a) SHIP Dollars SHIP Dollars O O O O O O O O O O O O O O O O O O N O O O O O O O N (- O O O O E9 EA EA r O) O O 0 0 0 O R O O O N CO CO Ur) (0 EA EA EA EA M EA EA D (0 EA (fl NO O o O O O O 0 0 0 N (0 (0 CA fA 43 O 0 0 0 O O O O O 0 O O O O O O 0 O Q ( e 69 CA CO 1 6) ti 7 1 7 $230,972.00 0 f Without Construction Rehab/Repair N r r r r (0 0 0 0 0 0 0 O O O O O O O O O 0 0 0 0 0 69 EA ▪ CA EA CA a N Lt SHIP Dollars SHIP Dollars SHIP Dollars SHIP Dollars Q tot c O O O O O O 0 0 0 0 0 0 0 O O 0 O O CD O) N - CO ui o 0 0 0 6 6 0- N N O 00 0 0 0O ID O O O O O O O O O 4 O EA EA EA EA O CO (0 CO CO CO C11 N N r N ✓ V � EA 69 EA CA co co $147,600.00 O O O 4 O co0. g (0 O O O O O O O O O O 0 O O O O 0 0 0 0 0 69 69 69 CA EA a_ x co z 1 6) 0 Housing Rehabilitation 0 3 z Closing Cost/Down Payment Multifamily Condominium Conversion 0 Subtotal 1 (Home Ownership) O 1 7 J 1- z W STRATEGIES Rental Housing Development Subtotal 2 (Non -Home Ownership) Administration Fees Admin. From Program Income Home Ownership Counseling GRAND TOTAL r-- Add Subtotals 1 8 2, plus all Admin. 8 3 Percentage Construction/Reh 0 0 E d z d a O V a 0. E y E t co E a' 2 0 O 0 0 0 o o EAC Projected Program Income: Projected Recaptured Funds LID Distribution: O 000 O 0 0 0 O 0 0 0 C O E Allocation Breakdown City of Miami Beach LHAP Exhibit D CERTIFICATION PAGE LHAP Template 6/06 Exhibit D CERTIFICATION TO FLORIDA HOUSING FINANCE CORPORATION Name of Local Government: City of Miami Beach (1) The local government will advertise the availability of SHIP funds pursuant to Florida Statutes. (2) All SHIP funds will be expended in a manner which will insure that there will be no discrimination on the basis of race, creed, religion, color, age, sex, familial or marital status, handicap, or national origin. (3) A process for selection of recipients for funds has been developed. (4) The eligible municipality or county has developed a qualification system for applications for awards. (5) Recipients of funds will be required to contractually commit to program guidelines. (6) The Florida Housing Finance Corporation will be notified promptly if the local government (or interlocal entity) will be unable to comply with the provisions the plan. (7) The Local Housing Assistance Plan shall provide for the expenditure of SHIP funds 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 1 LHAP Template 6/06 Exhibit D for each state fiscal year, and the audit forwarded to the Corporation as soon as possible. Page 2 Certification (14) SHIP funds will not be pledged for debt service on bonds or as rent subsidies. (15) Developers receiving assistance from both SHIP and the Low Income Housing Tax Credit (LIHTC) Program shall comply with the income, affordability and other LIHTC requirements, Similarly, any units receiving assistance from other federal programs shall comply with all Federal and SHIP program requirements. (16) Loans shall be provided for periods not exceeding 30 years, except for deferred payment loans or loans that extend beyond 30 years which continue to service eligible persons. (17) Rental Units constructed or rehabilitated with SHIP funds shall be monitored at least annually for 15 years for compliance with tenant income requirements and affordability requirements or as required in Section 420.9075 (3)(e) (18) The Plan meets the requirements of Section 420-907-9079 FS, and Rule Chapter 67-37 FAC, and how each of those requirements shall be met. (19) The provisions of Chapter 83-220, Laws of Floriyas or been implemented. has not Witness Chief Elected Official or designee Robert Parcher, City Clerk David Dermer, Mayor Witness Name Type Name and Title )M 3, aoo`i Date OR Attest: (Seal) 2 APPROVED AS TO F • RM & LANGUAGE FOR . GUTION City of Miami Beach LHAP Exhibit E ADOPTING RESOLUTION 2007-26510 RESOLUTION NO. A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING AND ADOPTING THE ATTACHED LOCAL HOUSING ASSISTANCE PLAN FOR THE STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAM FOR FISCAL YEARS 2007/08, 2008/09, AND 2009/10, AS REQUIRED BY THE STATE HOUSING INITIATIVES PARTNERSHIP PROGRAM ACT, SUBSECTIONS 120.907-420.9079, FLORIDA ADMINISTRATIVE CODE; AUTHORIZING THE NECESSARY CERTIFICATIONS BY THE MAYOR AND THE CITY CLERK; AUTHORIZING SUBMISSION OF THE LOCAL HOUSING ASSISTANCE PLAN FOR REVIEW AND APPROVAL BY THE FLORIDA HOUSING FINANCE CORPORATION; AUTHORIZING THE APPROPIATION OF SHIP PROGRAM FUNDS FOR FISCAL YEAR 2007/08, IN THE AMOUNT OF $525,506; FISCAL YEAR 2008/09, IN THE AMOUNT OF $525,506; AND FISCAL YEAR 2009/10, IN THE AMOUNT OF $525,506; OR SUCH FINAL ALLOCATION AMOUNTS, AS ADJUSTED BY THE FLORIDA HOUSING FINANCE CORPORATION; AND AUTHORIZING THE APPROPRIATION OF ANY INTEREST ACCRUED THEREON, FOR ELIGIBLE ACTIVITIES UNDER THE SHIP PROGRAM RULES. 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, pursuant to Resolution No. 2004-25537, the Mayor and City Commission approved and adopted a City of Miami Beach Housing Assistance Plan for Fiscal Years 2007/08, 2008/09 and 2009/10, pursuant to the requirements of the Act and the SHIP Program Rule, issued by the Florida Housing Finance Corporation; and WHEREAS, it is found that 5% of the Local Housing Distribution is insufficient to adequately pay the administrative costs of the SHIP Program and the cost of administering the Program may not exceed 10% of the local housing distribution; and WHEREAS, the Administration has prepared a new Local Housing Assistance Plan, as attached to this Resolution, for Fiscal Years 2007/08, 2008/09, and 2009/10, in order to qualify to receive annual allocations of SHIP Program funds for eligible housing activities. T:\AGENDA\2007\aprl 107\Consent\SHIP Housing Plan 2007-10 Reso.doc WHEREAS, this Resolution authorizes the appropriation of SHIP Program funds for Fiscal Year 2007/08, in the amount of $525,506; Fiscal Year 2008/09, in the amount of $525,506; and Fiscal Year 2009/10, in the amount of $525,506; or such final allocation amounts, as adjusted by the Florida Housing Finance Corporation; and authorizes the appropriation of any interest accrued thereon, for eligible activities under the SHIP Program Rule. NOW, THEREFORE, BE IT 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 Local Housing Assistance Plan for the State Housing Initiatives Partnership (SHIP) Program for Fiscal Years 2007/08, 2008/09 and 2009/10; authorize the necessary certifications by the Mayor and the City Clerk; authorize submission of the Local Housing Assistance Plan for review and approval by the Florida Housing Finance Corporation; authorize the appropriation of SHIP Program funds for Fiscal Year 2007/08, in the amount of $525,506; Fiscal Year 2008/09, in the amount of $525,506; and Fiscal Year 2009/10, in the amount of $525,506; or such final allocation amounts, as adjusted by the Florida Housing Finance Corporation; and authorize the appropriation of any interest accrued thereon, for eligible activities under the SHIP Program Rule. Passed and adopted this 11thday of April ATTEST: )(a do, - CITY CLERK T:\AGENDA\2007\aprl 107\Consent\SHIP Housing Plan 2007-10 Reso.doc APPROVED AS TO FORM & LANGUAGE & FOR EXECUTION City of Miami Beach LHAP Exhibit F PROGRAM INFORMATION SHEET LHAP Template 6/06 Exhibit F STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAM INFORMATION SHEET LOCAL GOVERNMENT: City of Miami Beach CHIEF ELECTED OFFICIAL (Mayor, Chairman, etc.): David Dermer, Mayor ADDRESS: 1700 Convention Center Dr., Miami Beach, FL 33139 SHIP ADMINISTRATOR: Thomas N. Urriola ADDRESS: 1700 Convention Center Dr., Miami Beach, FL 33139 TELEPHONE:(305 ) 673-7260 FAX:( 305 ) 673-7772 EMAIL ADDRESS: thomasurriola(amiamibeachfl.gov ADDITIONAL SHIP CONTACTS: John Quade ADDRESS: 1700 Convention Center Dr.. Miami Beach, FL 33139 EMAIL ADDRESS: johnquade(a�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: Thomas N. Urriola ADDRESS: 1700 Convention Center Drive, Miami Beach, FL 33139 OR:IF YOUR FUNDS ARE ELECTRONICALLY TRANSFERRED PLEASE COMPLETE THE ATTACHED FORM: D✓ 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