00-14
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RESOLUTION NO. 00-14
A RESOLUTION OF THE CITY OF CLEARWATER ACCEPTING THE RECOMMENDATIONS
OF THE CITY OF CLEARWATER NEIGHBORHOOD AFFORDABLE HOUSING ADVISORY
BOARD AND ADOPTING A LOCAL HOUSING ASSISTANCE PLAN FOR THE CITY OF
CLEARWATER IN ACCORDANCE WITH THE STATE OF FLORIDA HOUSING INITIATIVES
PARTNERSHIP (SHIP) PROGRAM PROVISIONS.
WHEREAS, the NEIGHBORHOOD AFFORDABLE HOUSING ADVISORY BOARD,
has met its statutory and organizational assignments by preparing a set of
recommendations to the CITY COMMISSION addressing affordable housing incentives
and associated issues and,
WHEREAS, the CITY OF CLEARWATER CITY COMMISSION has received the
recommendations from the NEIGHBORHOOD AFFORDABLE HOUSING ADVISORY
BOARD, and has prepared a LOCAL HOUSING ASSISTANCE PLAN based upon those
recommendations, and
WHEREAS, the LOCAL HOUSING ASSISTANCE PLAN provides that ten percent
(10%) of the total SHIP allocation will be used for administrative expenses, and
WHEREAS, Section 420.9075 (6), Florida Statutes, provides that the city may use
five percent (5%) of its annual SHIP allocations for administrative expenses. Florida
Statutes also provides that if the city commission makes a finding, by resolution, that
five percent (5%) is not sufficient to cover the administrative costs, the city may take up
to ten percent (10%) for administration, and
WHEREAS, the City of Clearwater finds that five percent (5%) of the SHIP funds
are insufficient to adequately pay the necessary costs of administering the loan program.
The City of Clearwater finds it necessary to increase up to but not to exceed ten percent
(10%) of local housing distributions deposited in the trust fund to cover administrative
costs, now, therefore,
BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF CLEARWATER,
FLORIDA:
Section 1. The City of Clearwater hereby accepts the NEIGHBORHOOD
AFFORDABLE HOUSING ADVISORY BOARD recommendations attached to this
resolution as the LOCAL HOUSING ASSISTANCE PLAN.
Section 2. The City of Clearwater hereby adopts the Housing Delivery Goals for
Fiscal Year 2000-2001.
Section 3. The City of Clearwater hereby adopts the Housing Delivery Goals for
Fiscal Year 2001-2002
Section 4. The City of Clearwater hereby adopts the Housing Delivery Goals for
Fiscal Year 2002-2003.
fE$~W77I)N the OO"'IJ.}
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Section 5. The City of Clearwater hereby adopts the LOCAL HOUSING
ASSISTANCE PLAN for State Fiscal Year, July 1, 2000 - June 30,2001.
Section 6. The City of Clearwater hereby adopts the LOCAL HOUSING
ASSISTANCE PLAN for State Fiscal Year, July 1,2001 - June 30, 2002.
Section 7. The City of Clearwater hereby adopts the LOCAL HOUSING
ASSISTANCE PLAN for State Fiscal Year, July 1, 2002 - June 30, 2003.
Section 8. This resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 20
April
DAY OF
,2000
Attest:
-<)
c.~
E. Goude~,~ City.::clerk
Approved as to form:
~
n Carassas, Assistant City Attorney
!?eSOAlJ770t! No. 00-/1
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C I T Y OF C LEA R W ATE R
State Housing Initiatives Partnership (SHIP) Program
L 0 C A L H 0 U SIN GAS S 1ST A NeE P LAN (LHAP)
State Fiscal Years 2000-01, 2001-02 and 2002-03
Attachment I to Resolution 00-14
BACKGROUND:
This Local Housing Assistance Plan (LHAP)i sets forth the three year outline through which the
City of Clearwater Commissioners will implement the provisions of the Florida State William E.
Sadowski Affordable Housing Act adopted on July 7, 1992. The legislation includes the creation
of the State Housing Initiative Partnership (SHIP), which is designed to provide for: (i) a sharing
between the State and local governments a portion of the revenue collected from the
documentary stamp tax on deeds, (ii) the establishment of public-private partnership to build,
rehabilitate and preserve affordable housing, and (iii) maximum flexibility to local governments
to determine the use of funds to better meet the responsibilities for affordable housing as set
forth in the comprehensive plan.
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All city and county governments in Florida meeting the eligibility requirements will receive
SHIP funds. Each government will receive at least $350,000. Allocations higher than $350,000
are determined by population. The SHIP allocation to the City of Clearwater is $854,299, as
estimated by the Florida Housing Finance Corporation (FHFC), for each fiscal year 2000-01,
2001-02 and 2002-03. SHIP requires that the cities and counties prepare a Local Housing
Assistance Plan (LHAP) which must be submitted to the Florida Housing Finance Corporation
(FHFC).
The City of Clearwater, as an eligible municipalityii, has approved and adopted Ordinance No.
5410-93 providing for a local housing assistance partnership program containing the following
provisions:
· Creation of a local housing assistance trust fund as described iti s.420.9075 (5)
· Adoption by resolution of a local housing assistance plan as defined in s.420.9071 (14) to be
implemented through a local housing partnershipiii as defined in s.420.9071(18).
· Designation of the responsibility for the administration of the local housing assistance plan.
Such ordinance provides for the contracting of all or part of the administrative or other
functions of the program to a third person or entity.
· Creation of an affordable housing advisory committeeiv as provided in s.420.9076.
This Local Housing Assistance Plan meets the following requirements of the F.A.C. Title 67-37
rules:
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· at least 65% of the SHIP funds be used for home ownership activities
· at least 75% of the SHIP funds be used for construction, rehabilitation or emergency repairs
· at least 30% of SHIP funds be used to very low incomeV persons and 30% of SHIP funds be
used for low income personsvi
'. that the average sales price or value of units be affordablevii to the target populationviii
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· as evidenced in the "Certification to the Florida Housing Finance Corporation" the Local
Housing Assistance Plan is consistent with the City of Clearwater Comprehensive Plan and
with the Housing Element of that Plan.
· The City of Clearwater Housing Partnership will expend funds received from the State of
Florida in accordance with the strategies set forth in its Local Housing Assistance Plan,
Housing Incentives Plan and the State Housing Initiatives Partnership Program s.420.907-
420.9079 F.S. The City of Clearwater will implement the local housing assistance plan to
make affordable residential units available to persons of very low income, low income or
moderate income and to the special housing needs populationix
· The City of Clearwater, its agents, contractors, sub-grantees, municipalities, non-profit
organizations or for profit entities will not deny assistance to or exclude from participation
any person or entity on the basis of race, religion, creed, color, age, sex, marital status,
familial status, national origin or handicap s.420.9075(2)(c)
· All agents, contractors sub-grantees of the City of Clearwater under the SHIP Program
comply with the guidelines, in, s420.9075(2)(d) and includes language in each contract and
subcontract to contractually commit each agent, contractor and sub-grantee to compliance
· If, at any time, during the term of the Local Housing Assistance Plan the City of Clearwater
or any agent, contractor or sub-grantee is unable to comply with any provision of this Local
Housing Assistance Plan, the City of Clearwater will notify the Florida Housing Finance
Corporation immediately for guidance, direction and assistance.
PLAN DEVELOPMENT PROCESS:
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Locally designed strategies have been determined through the Citizen Participation Plan' which
encourages all citizens, including minorities and non-English speaking persons as well as
persons with disabilities to participate in the development of Local Affordable Housing Plan and
housing programs, with particular emphasis on persons of very low to moderate income.
Information and records relating to our proposed use of funds is made easily accessible to the
public for review.
The Citizen Participation Plan established an affordable housing advisory committee referred to
as the Neighborhood Affordable Housing Advisory Board (NAHAB) consisting of nine
appointed residents of the City of Clearwater all of which engage in the professional services
related to affordable housing and those who are advocates of affordable housing. The committee
includes one citizen who is actively engaged as follows:
· in the residential home building industry
· in the banking or mortgage banking industry
· a representative of those areas of labor actively engaged in home building
. an advocate of low-income persons
· a for-profit provider of affordable housing
· as a not-for-profit provider of affordable housing
· as a real estate profession
. serves on the local planning agency pursuant to s.163.3 174 and
. resides within the jurisdiction of the City of Clearwater
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All meetings of the Neighborhood Affordable Housing Advisory Board (NAHAB) are public
meetings, and all records are public records. Staff, administrative and facility support to the
Neighborhood Affordable Housing Advisory Board (NAHAB) has been provided.
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The Neighborhood Affordable Housing Advisory Board (NAHAB) reviews the established
policies and procedures, ordinances, land development regulations and the comprehensive plan
of the City of Clearwater and recommends specific initiatives to encourage or facilitate
affordable housing while protecting the ability of the property to appreciate in value. Such
recommendations may include the modification or repeal of existing policies, procedures,
ordinances, regulations or plan provisions; the creation of exceptions applicable to affordable
housing; or the adoption of new policies, procedures, regulations, ordinances or plan provisions.
The Neighborhood Affordable Housing Advisory Board (NAHAB) makes recommendations on
affordable housing incentives in conjunction with the Affordable Housing Incentive Plan'; for the
City of Clearwater in the following areas:
The processing of approvals of development orders or permits, as defined in s.163.3164(7)
and (8), for affordable housing projects is expedited to a greater degree than other projects.
The modification of impact-fee requirements, including reduction or waiver of fees and
alternative methods of fee payment for affordable housing
The allowance of increased density levels for affordable housing
The reservation of infrastructure capacity for housing or very-low-income persons and low-
income persons.
The allowance of affordable accessory residential units in residential zoning districts.
The reduction of parking and setback requirements for affordable housing
The allowance of zero-lot-line configurations for affordable housing
The modification of street requirements for affordable housing.
The establishment of a process by which a local government considers, before adoption,
policies, procedures, ordinances, regulations, or plan provision that increase the cost of
housing.
The preparation of a printed inventory of locally owned public land suitable for affordable
housing and
The approval by the advisory committee of the local housing incentive strategies'ii
recommendations were made by affirmative vote of a majority of the membership taken at a
public hearing
The Neighborhood Affordable Housing Advisory Board (NAHAB) reviews the Local Housing
As.s.istance Plan and programs that improve the physical environment and lifestyle of low to
moderate income persons by assessing neighborhood needs, formulating neighborhood goals and
objectives, establishing priorities for projects within neighborhoods, monitors and evaluate
programs and make recommendations to the City Commission regarding such programs.
The City of Clearwater holds public hearings and meetings to obtain citizen views and responds
to citizen proposals and questions about proposed activities and program performance. Citizens
and other partners emphasize the need for a broad range of opinion in the establishment of goals,
objectives, projects and priorities and in the application, monitoring and evaluation of funded
programs.
Public hearing and meeting dates are advertised by way of public notice in local newspapers of
general paid circulation in and about the City of Clearwater at least 15 days in advance.
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The availability of funds will be advertised yearly at least thirty days before the beginning of the
application period to the public by way of public notice in local newspapers of general paid
circulation in and about the City of Clearwater. An advertisement which provides notice that
application are being accepted for homebuyer assistance and homeownership rehabilitation will
be published.
Eligible sponsorsxiii, by means of the City of Clearwater Consolidate Plan process, are considered
by application and evaluated by a point system. Points are granted based on the economic
feasibility of a project, timeliness of completion, past experience, commitment to expand
affordable housing opportunities to very-low, low and moderate income households, to eliminate
slum and blighted areas, to preserve the housing stock. to increase property values and to
enhance community image in a targeted area. Each applying sponsor is visited by members of
the City Commission and the Neighborhood Affordable Housing Advisory Board who evaluate
both the sponsors facilities and their applications.
Eligible persons'ivwill be served on first come first served basis, with priority given to those of
the special needs population and households in need of emergency repairs, until all available
funds are allocated.
SUPPORT SERVICES:
Clearwater Neighborhood Services Division ofPlannini and Development Services
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To strengthen, stabilize and improve City of Clearwater neighborhoods the City Commission
established the Neighborhood Services Division, empowering residents to enhance their quality
of life and to develop a partnership for progress between neighborhoods and other divisions of
City government. In a regional metropolitan such as the Tampa Bay area, citizens have many
residential options, many of which are in new housing of planned unit developments. Clearwater
desires to recognize the unique quality of its neighborhoods, provide associations with the tools
necessary to improve and to gain a reputation as a diverse, safe and enjoyable place to live.
The Neighborhood Services Division assists neighborhood residents at varied levels of their
development through technical assistance, liaison with City departments for problem solving and
coordination of meetings to publicize City projects and activities. The Division has developed a
phased approach for neighborhood planning that target neighborhood districts immediately
surrounding the downtown area of the City. The district approach to neighborhood planning will
be expanded to six other districts as the Division'~ staffis expanded.
The Neighborhood Services Division has recognized that most property in the City of Clearwater .'
is residential and a component of a larger neighborhood unit. The maintenance and values of
these areas must be a priority on a continuing basis. Absent significant attention, property values
will fall and services costs will increase, leading to severe budget constraints and private
disinvestment.
Home Ownership Counseling Services
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Home Ownership Counseling for first time homebuyers XVis currently being provided by the staff
of the City of Clearwater Housing Division of Planning and Development Services and eligible
sponsors approved through the City's consolidated plan process. This counseling program
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contains course materials addressing pre-ownership and post-ownership issues including but not
limited to:
· Credit repair
· Preparing for home ownership
· Shopping for a home
· Obtaining a mortgage
· Closing a home purchase transaction
· Meeting financial obligations after home ownership
· Financial benefits of home ownership
· Home maintenance issues
· Household budgeting
· Foreclosure prevention
The established and accredited course materials are acceptable and consistent with those of local
lenders participating in City's housing programs and the Multi-County Mortgage Bond Program
offered through the Housing Finance Authority of Pin ell as County, Florida.
The home buyers counseling and education program is made available to all first time home
buyers of all income levels with a special effort to include the disabled, elderly, those with
special needs and especially those of very-low to moderate income.
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No recapture provisions are proposed as homebuyer counseling and education is a requirement
of the City of Clearwater's down payment assistance program and of participating lenders.
Clearwater Homeless Intervention Proiect (CHIP)
The City of Clearwater's Plan Forecast of Needs adopted effective October 1, 1995 and effective
for five years determined that emergency shelters have a high priority need level for our
community. At a public hearing several homeless service providers addressed their concerns and
identified four priority issues:
· emergency and transitional housing availability
· er.nploymentservices
· transportation to and from work and
· supportive services.
The Clearwater Homeless Intervention Project center was constructed in 1997 funded in part
with Community Development Block Grant and provides an emergency overnight shelter facility
for individuals and families to begin to improve their lives. Each homeless client must
participate in the Salvation Army's Homeless Intervention Program which includes case worker
review and management. The average stay at the emergency shelter is eight days; then the client
is placed in a transitional housing facility.
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The unique aspect of including a community policing substation at the site adds security for
both the clients and the neighborhood. The Clearwater Police Department and St. Vincent de
Paul Society has established a registration program at the soup kitchen on site. This registration
program requires all persons to provided personal picture identification and information.
Anyone refusing to comply cannot return to the Soup Kitchen for any services, including meals.
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The intent of the Clearwater Homeless Intervention Project, the Soup Kitchen and the Clearwater
Police Substation located in a targeted community will produce fewer homeless persons camping
and loitering and further reduce the associated misdemeanors and property damage.
Homeless Emergency Project (HEP)
The Homeless Emergency Project (HEP) serves the homeless, the lowest-income and least
educated population throughout the City of Clearwater, by offering training and direction toward
self-sufficiency through educational programs and large group workshops that effectively and
comprehensively address the needs of the homeless and financially disadvantaged, leading to
greater chances of self-sufficiency and maintaining family continuity.
With funding from Community Development Block Grant the Homeless Emergency Project
(HEP) has expanded the emergency, transitional and permanent housing in the community for
homeless and very-low income individuals and has taken the following steps towards meeting
the housing need of the City of Clearwater:
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· In 1999, HEP renovated four (4) houses to continue utilizing the houses as transitional
housing for the homeless.
· In 1998, HEP completed construction of 16 new apartments for families created 76
additional beds.
· In 1997, HEP completed construction of a four-bedroom home and renovated two (2)
additional houses
· In 1996, HEP completed renovation and construction of an expanded emergency shelter for
the homeless.
· In 1993, HEP received a grant for $100,000 from the State of Florida to renovate and
construct eight (8) apartments for homeless families.
Beginning in 1964, until present, HEP has maintained and rehabilitated over 30 houses, used to
house the homeless in emergency and transitional housing, in the targeted areas of the City of
Clearwater.
Partners in Self-Sufficiency (PSS)
Partners in Self-Sufficiency (PSS) assists very-low income families referred by the Clearwater
Housing Authority's Section 8 and family public housing programs to achieve economic self-
sufficiency'vi within a contractual time period. Goals are accomplished through safe, affordable
housing, long and short term goal planning, one-to-one case management to assist participants to
meet job training, education, employment, and homeownership, financial assistance funds, life
skills training, holiday adoption, advocacy with local social service agencies through well
defined agency partnerships, an earned income escrow fund and an intensive home ownership
program known as Home Ownership Opportunities to Maintain Economic Self-Sufficiency
(HOMESS).
As a result of HOMES families are no longer in need of governmental assistance and are able to
become partners in the economic growth of our community:
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· In 1999 twenty-nine (29) families achieved economic self-sufficiency
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· Eighteen PSS families have become home owners in the past three years
· These families added to the tax rolls of the City of Clearwater, thus furthering the economic
development of our community
Religious Community Services (RCS)
Religious Community Services provides the first step of services to the homeless, shelter, food
and other material necessities, along with tutoring for children and physical and mental health
care for families for an eight (8) week period of individual counseling and guidance. Counseling
helps clients:
· Stabilize amid their current crisis
· Learn how to prioritize their own needs and set achievable goals
· Obtain entitlements and services from other agencies
The goals of Religious Community Services is to take homeless families off the street, provide
them with a safe, drug-free and supportive environment, and create a smooth transfer in their
return to self-sufficiency by providing them with emergency shelter and essential support
services and supplies, allowing the families to accumulate earnings for their move into
permanent housing.
Family Resources
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Established in 1970, Family Resources, is a private, not-for-profit corporation with a
demonstrated commitment to at-risk, runaway and homeless youth. The agency's mission is to
provide:
· relationship crisis in families through education and advocacy
· immediate twenty four (24) hours response when crisis develops
· transitional services to assist children, youth and families during a family relationship crisis
· linkage for those children, youth and families needing long-term assistance and support
Family Resources provides effective prevention, intervention, advocacy and treatment services
for youth and families. Services provided include:
· runaway/youth runaway crisis shelters
· youth development programs
· out-client counseling
· in-home counseling and case management
· family and group counseling
· truancy Court
· in-school suspension alternatives
· education services
The Kimberly House
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The Kimberly House established an emergency transitional housing project for homeless
pregnant women and vastly improved the condition and appearance of its facility in keeping
with the efforts of the City of Clearwater to redevelop the downtown and surrounding areas
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bringing the structure into compliance with health safety requirements and an esthetically
pleasing home in a blighted neighborhood.. The Kimberly House provides low income pregnant
women with the opportunity to gain a self-sufficient lifestyle and secure future for themselves
and their children and offers housing for the entire length of pregnancy or as a smooth
transitional solution prior to long term placement.
Pinellas Opportunity Council - Chore Services ProlP'lm (POC)
Pine lIas Opportunity Council assists elderly persons to maintain their homes in a safe and
sanitary condition, allowing the elderly to remain independent and to avoid pre-mature
institutionalization. POC offers Chore Services to unduplicated elderly persons residing within
the City of Clearwater who are no longer able to perform such work for themselves or who are
unable to afford to pay for heavy household cleaning and yard work. The project will remove
discarded appliances, furniture, cans, bottles, overgrown shrubbery, and accumulated debris from
targeted residences. As a result, the cleanliness, safety and security of the of individual homes,
as well as the neighborhoods in which they are located, will be significantly improved.
The Mustard Seed Foundation - The Turninll Point Pro\Vllm
The Turning Point Program addresses the Clearwater Community Development Objective by
expanding and improving community services to person of low and moderate income.
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The greater benefit of the Program is helping clients break the repeat pattern of substance abuse
and returning to the streets. Those with substance abuse problems, mental illness or both are
especially at-risk for repeated homelessness; the Turning Point Program serves as the first step to
help these persons reconnect to needed health care, substance abuse and mental health treatment
programs and needed social services, and help clients begin their plan of action toward achieving
housing as an end goal of the long rehabilitative process before them.
The Turning Point is a (501@(3) organization and is licensed as an "Substance Abuse
Intervention Program" by the State of Florida Department of Children and Family Services with
goals to:
. Identify homeless clients and provide supportive services, referrals and placements in local
alcohol/drug treatment programs or appropriate transitional housing programs to help the
client begin to rehabilitative process toward achieving permanent housing.
. Provide short term intervention for problem inebriates who would otherwise be on the
streets.
. Serve as a referral source to assist homeless men and women suffering from alcohol and
drug addition to access needed community services and treatment.
. Assist the local community by freeing up law enforcement officer's time, and save valuable
and costly bed space at local jails, hospitals and de-tQx centers.
City of Clearwater Community Response Team (CR1)
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The City of Clearwater for many years has been providing community assistance through several
redevelopment programs, community policing programs, neighborhood services, and other
proactive community action groups and services. The City of Clearwater Community Response
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Team involves having inspectors walk through the neighborhoods and perform door to door
surveys. This approach offers several advantages and:
. creates an open dialogue between the citizens and the inspectors
· allows inspectors to educate citizens on city codes and standards
· permits a routine inspection of the property
· allows distribution of free smoke alarms, water saving devices and house numbers, and
· creates an opportunity for the City to offer financial assistance through State and Federal
funding sources
· conserves existing areas that are in good condition
· preserves existing housing stock through rehabilitation
· community redevelopment
The ultimate goal of the Community Response Team is to achieve voluntary code compliance
through education, communication and cooperation, decreasing the number of non conforming
residences, reducing the decline of housing values, increasing the investment potential, and
enhancing the overall community image.
PARTNERSHIPS:
The City of Clearwater through established local housing partnerships and resources increase the
affordability of housing through down payment and closing cost assistance, low interest rate
mortgage loans, grantsxvii and other direct subsidies that make market rate housing affordable to
lower income households. The affordable housing incentives plan has directly reduced the out-
of-pocket expenses of builders. Special interest rates, product pricing structures, special
programs and other incentives offered by lenders and real estate professionals enhance
affordability.
The current City of Clearwater housing partnership involves a cooperative effort of the City of
Clearwater and:
other local municipalities
~r...E S-U~ >>! Ht1tt-:.m
the West Central Florida SHIP Steering Committee
the United States Department of Housing and Urban Development
Federal Housing Administration
Veterans Administration
Fannie Mae and Freddie Mac
Florida Housing Finance Corporation
Pinellas County Housing Finance Authority
Clearwater Housing Authority
varying community-based organizations
builders and developers
lending institutions
providers of professional services relating to affordable housing
support service agencies, and
organizations representing the interest of persons with special needs.
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Each respective individual and/or agency in the partnership has brought forward varying levels
of understanding and viewpoints on affordable housing. The partnership has identified local
needs and provides for a cooperative effort in the production and maintenance of safe, decent and
affordable housing in our communities.
The City of Clearwater's Loan Pool (CLP) Program allows designated community based
organizations,viii to partner with the City of Clearwater to provide a variety of housing
development related activities. CLP provides funding for down payment and closing cost
assistance, acquisition and rehabilitation loans"i', disabled retrofit loans and a revolving fund for
small single family residential developments, individual single family rehabilitation projects and
single family in-fill housing. The goal of the CLP program is to strengthen our community by
facilitating affordable housing developments resulting in increased home ownership and
rehabilitation opportunities for the City's low and moderate income families while improving the
housing stock and stimulating further community development activities in targeted
neighborhoods. The CLP will draw its funding from two sources:
· the State Housing Initiatives Partnership Program (SHIP) provided by the State of Florida
. Home Investment Partnership Program (HOME) provided by the Federal Department of
Housing and urban Development.
Each fund source has specific requirements that govern its use. SHIP funds will be used as
described within specific planned strategies. Home Ownership HOME fund will be used for the
residential development loan program.
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To access the CLP, the eligible sponsor must ftrst be a designated participant. Once per year,
during the City of Clearwater's sub-recipient application period, eligible sponsors will have the
opportunity to apply to be included in the loan pool. Funds from the loan pool will be made
available on a first come, first served basis. Preference will be given to projects proposed within
the low and moderate-income census tracts of the City of Clearwater. Participants are not
limited to territories within the census tracts.
The designated participant prepares an application which contains a project proposal, pro-forma,
{1fUj~~t 'uutz~, f1n.m~:l.!~ .m.!ryl!i!, Jiit mfvnm~)oo, :!oom~ Sm~noo, ~oc.f ~f d~ i;i.ili, ~
proof of environmental assessment. The designated participant must plan to complete the project
within eighteen (18) months. Larger, longer-term projects may be proposed outside of the loan
pool, as funding is available. Incentives to designated participants will be granted to those
organizations to facilitate local housing assistance strategies.""
The goal of the City of Clearwater is to provide high quality housing to its program participants .
at an affordable price. The City of Clearwater will provide fmancia1 incentives and awardsxxi to .
designated participants and partners who assist in the achievement of these goals.
STRATEGIES:
Down Payment and Closing Costs Assistance for Construction of New Units and Purchase of
Existing Units
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The City of Clearwater, through its affordable housing programs and through eligible sponsors
shall provide and allocate a portion of SHIP funds to provide down payment and closing cost
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assistance to income eligible first time home buyers of very-low to moderate income.
Exception will be given to those individuals who have been displaced through divorce
proceedings with evidence of relinquishment of title to primary homestead property. Individuals
must not have, in the past three (3) years, owned any other property other than that homestead
property and:
· Is an adult
· Has not worked full time or part time, for a consecutive period of time, in the labor force for
a number of years but has, during such years, worked primarily without remuneration to care
for the home and family
· Is unemployed or under employed and is experience difficulty in obtaining or upgrading
employment
· Is a single parent who, when married, owned a home with his or her spouse or resided in a
home owned by the spouse, and who has been displaced as a result of a divorce.
Funding for assistance to first time home buyers may be used by the borrower for down
payment and/or closing costs, including prepaid items. A maximum of 3% of the sales price of
the unit may be used for closing costS; the balance of the assistance must be applied to the
down payment.
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Funds cannot be utilized to payoff debts, collections, or past due amounts and will not be
provided when excessive fees or above market interest rates are being charged. The City of
Clearwater nor eligible sponsors will assist first time home buyers who are charged more than
two percent (2%) discount and one percent (1%) origination fees or other out-of-pocket fees or
closing costs considered excessive.
A first time homebuyer must contribute a minimum two percent (2%) of the sales price to the
purchase transaction. The contribution must be from his or her own funds and cannot be a gift.
Payoff of debts and collections, or ''paid outside of closing" (pOC) items which are paid by
another party or credited back at closing will not be included as part of the two percent (2%)
contribution by the fIrst time home buyer. In some cases, the participating lending partner may
require a larger contribution on part of the borrower.
To be eligible for assistance, the household income of the ftrst time home buyer must not exceed
the income limits, adjusted for family size""i; as set forth by the income eligibility criteria in
compliance with the State Housing Initiative Partnership Program (SHIP) which is based on the
current applicable definitions of median income for the area adjusted for family size published
from time to time by the U.S. Department of Housing and Urban Development (Exhibit 1). The
first time homebuyer must, also, be a citizen of the United States of America or a permanent. .
resident alien possessing a "green card".
Eligible properties are classified as an existing property or newly constructed property that is
publicly or privately held for sale to a potential homebuyer and meets the following
requirements:
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· Is a single family residence
· Is a condominium unit
. Is a townhouse
· Is a cooperative unit
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· Is a manufactured homexxii;
· Is owner-occupied
· Meets the Section 8 Housing Quality Standards (HQS)XXiV
· Is not occupied by a tenant"'v
· Is built prior to 1978 with no evidence of chipping, peeling or chalking paint
· Does not exceed ninety percent (90%) of the median area purchase price the maximum sales
price limits as determined by Revenue Proclamation 94-55 of the United States Department
of Treasury (Exhibit II)
· Must be located within the City limits of Clearwater
Loans will be available to first time homebuyers for down payment and closing cost assistance
with the following stipulations:
· the loan term is not to exceed 30 years
· the loan will be secured by a note and subordinate mortgage security instrument, approved
by the Federal National Mortgage Association (FNMA) and the Department of Housing and
Urban Development (RUD) and recorded in the public records of Pin ell as County, Florida
until satisfied
· repayment of the loan will be deferred for a period of five (5) years; on the anniversary date
of the sixth year the loan, monthly payments of principal will commence as follows:
DEFERMENT AND REPAYMENT SCHEDULE
. Loan Amount Deferment Period Re.paymentPeriod Maximum Payment
$l,OOOorIess 5 years 24 months $41.67
$1,000-$1,500 5 years 36 months $41.67
$1,501-$2,000 5 years 48 months $41.67
$2,001-$3,500 5 years 60 months $58.33
$3,501-$5,000 5 years 86 months $58.33
$5,001-$7,000 5 years 120 months $58.33
.
· The repayment period of the loan will remain fIxed
· The actual payment will be calculated at the time of loan closing, and will vary based on the
final loan amount
· No extensions will be granted
· Loans will allow for repayment of principal in full, or in part, at any time without penalty
· If the monthly payment is not received in full within the fifteen day grace period a late fee,;;
will be charged
· Structure shall comply with the definition of an affordable unit as defmed herein
· Maximum combined loan-to-value shall not exceed one hundred five percent (105%)
· Applicants must obtain first mortgage financing for purchase through a private and/or public
lender
· Families or individuals receiving assistance shall satisfactorily complete an approved
housing counseling and training course and provide a copy of the certification of completion
with application for assistance
· Adjustable rate mortgages and/or mortgages fmanced by the owner/seller, or mortgages with
above-market interest rates and/or excessive fees are not acceptable
12
.
· Gifts or costs paid by the seller can be used in conjunction with assistance, provided the
borrower has made their minimum contribution and is documented
· Cash back to the seller is no permitted
· The borrower may be approved for assistance for down payment prior to locating and
contracting to purchase a property
· Assistance loans are not assumable, the entire principal balance of the loan is due and
payable in full:
· Upon sale or transfer of the property
· The property is vacated and/or is no longer the primary residence of the borrower
· The property is converted into a rental unit
· Refinancing or assumption of financing the property
DEMOLITION WITH RECONSTRUCTION
The City of Clearwater recognizes that the housing stock in its older neighborhoods is declining.
Homes found to be unsafe will be identified through the assistance of non-profit housing
providers, code enforcement, local fire'districts and City inspectors. Homes found to subject to
condemnation will be referred for consideration of replacement. As a result of condemnation,
however, homeowners may be caused to experience displacement. SHIP and/or CDBG funds
will be made available to assist with relocation of the homeowners during the construction
period.
.
A portion of SHIP funds will be used for the demolition and construction of a new home,
replacing the dilapidated single family structure.
The City of Clearwater will provide for the replacement of housing units for eligible very-low
and low income persons. The City of Clearwater shall loan funds to demolish and reconstruct
and/or develop affordable owner-occupied housing that is found to be code deficient to the point
that rehabilitation is not economically feasible.
The assistance may remain in the unit as an amortizing reduced interest rate loan (mL) or as a
deferred payment lean (DPL). The ~moun~ of mmtg~gts ;md lw.ns, ~\lding the amount Qf
SHIP funding assistance shall not exceed one hundred and ten percent (110%) of the after
constructed loan-to-value. All units will be financed to remain affordable to the borrower.
Structures must be located within the City limits of Clearwater. Structures or property with the
most immediate threat to the household, public health, safety and welfare will receive priority
consideration.
Applicants must make an attempt to obtain maximum loan financing through private and/or
public lenders, other than SHIP. Proof of applicants attempts to obtain such financing must be
evidenced by either:
· Lender approval letter for maximum qualifying loan amount, or
· Denial letters from two (2) lending sources
.
13
.
ACQUISITION WITH REHABILITATION
In addition to down payment and closing cost assistance the City of Clearwater will use SHIP
funds to assist a first time homebuyer with purchase and rehabilitation of a single family
structure that may be in need of repair or modernization.
The City of Clearwater will provide for the rehabilitation of housing units for eligible very-low
and low-income persons. The City of Clearwater shall loan funds to purchase a dwelling and the
land on which the dwelling is located and rehabilitate it. The assistance may remain in the unit
as an amortizing reduced interest rate loan (mL) or as a deferred payment loan (DPL). The
amount of mortgages and liens, including the amount of SHIP funding assistance shall not
exceed one hundred and ten percent (110%) of the after rehabilitation loan-to-value. All units
will be financed to remain affordable to the borrower.
OWNER-OCCUPIED REHABILITATION
The City of Clearwater, through its affordable housing programs and through eligible sponsors
shall provide and allocate a portion SHIP funds to provide for rehabilitation of existing owner-
occupied single family residences located within the City limits of Clearwater.
.
Loans shall be made available to eligible very-low, low and moderate-income households. The
assistance may remain iIi the UI1it as an amortizing reduced interest rate loan (lBL) or as a
deferred payment loan (DPL) or a combination of both. The amount of mortgages and liens,
including the amount of SHIP funding assistance shall not exceed one hundred and ten percent
(110%) of the after rehabilitation loan-to-value. All units will be financed to remain affordable
to the borrower.
The borrowing homeowner for housing rehabilitation as follows may use funding for assistance:
· Correct housing code deficiencies
· Eliminate incipient housing code violations
· Eliminate conditions having a demonstrative blighting influence on surrounding properties
· Connect a residence to public utilities
· Adapt residence to meeting accessibility needs of a handicapped family member
· Alleviate an overcrowded situation
After rehabilitation, the property, including all accessory structures must meet the City of
Clearwater Housing Code Standards. No application for rehabilitation assistance that has the
effect of extending a nonconforming use shall be processed.
The owner nor the property can have any restrictions or encumbrances that would unduly restrict
the good and marketable nature of the ownership interest. The owner as hislher primary
residence (homestead) must occupy the property.
.
14
.
EMERGENCY HOME REPAIR
A portion of SHIP funds will be allocated toward emergency repairs. In conjunction with the
housing rehabilitation program the City of Clearwater will grant funding for emergency repairs
that may jeopardize the health, safety and welfare of the household. Conditions that may be
considered as an emergency concern are as follows:
· Structural components that show signs of imminent collapse
· Inoperable heating systems during winter months
· Water leaks in walls or foundation
· Inoperable toilet or hot water heater
· Roof leaks causing electrical hazards, ceiling collapse or structural damage
· Inoperable exterior doors and/or windows, preventing emergency egress
· Exposed bare wires or other imminent fire hazard
· Collapsed or inoperable chimney or flue
· Falling ceiling
· Lead based paint
DISABLED RETROFIT
.
SHIP funding will also be made available for the retrofitting of homes occupied by disabled
persons. Funding may be used to retrofit both owner occupied or rental units and will be
provided in the form of a grant to the eligible household. Improvements should be limited to
itificismu.:fure and should not include purchase of personal items such as televIsIOn sets,
computers or telephones. Improvements may include:
· Wheel chair ramps
· Widening of doorways
· Lowering of cabinets
· Installation of grab-bars
· Visual queuing systems for the hearing impaired
MUL TIP AMIL Y HOUSING
Funds may be used to support the acqUISItIon and rehabilitation or new construction of
multifamily housing including single room occupancy, transitional housing or the housing
portion ofa mixed use facility and mixed income projects. Funds may be used as a match for U.
S. Department of Housing and Urban Development's HOME program.
ADMINISTRA nON:
The State Housing Initiatives Partnership Program (SHIP) administration allocation of "not to
exceed" 10% will be expended as follows:
.
15
.
SHIP Administration Expenses - 10% of Annual Allocation
Fiscal Year
2000-2001.
2001-2002
2002-2003
Salaries & Benefits
Operating Equipment
Travelffraining
Supplies
Membership Dues
$85,430.00
$85,430.00
$85,430.00
TOTAL
$85,430.00
$85,430.00
$85,430.00
HOUSING DELIVERY GOALS:
See attachment' A' "Housing Delivery Goals Chart", attached hereto and made a part thereof
TIMELINE FOR EXPENDmJRES:
See attachment 'B" "Time line for expenditures", attached hereto and made a part thereof
CERTIFICATION PAGES:
See attachment 'C" "Certification", attached hereto and made a part thereof.
.
The City of Clearwater will continue to use sHIP funds to provIde the local matching
funds/credits required for Federal and State affordable hosing programs.
Endnotes
.
i "LHAP" means concise description of the local housing assistance strategies and local housing incentive
strategies adopted by local government resolution with an explanation of the way in which the program
meets the requirements of ss.420.907 -420.9079 and cOIporate rule
ii "Eligible Municipality" means a municipality that is eligible for federal Community Development Block
Grant moneys as an entitlement community identified in 24C.F.R. Section 570, Subpart D
iii "Local Housing Partnership" means the implementation of the local housing assistance plan in a manner
that involves the applicable eligible municipality, lending institutions, housing builders and developers,
real estate professionals, advocates for low-income persons, community-based housing and service
organizations, and providers of professional services relating to affordable housing. The term includes
initiatives to provide support services for housing program beneficiaries such as training to prepare persons
16
.
.
for the responsibility of homeownership, counseling of tenants, and the establishing of support services
such as day care, health care, and transportation.
iv "Affordable Housing Advisory Committee" means the committee appointed by the governing body of a
county or eligible municipality for the purpose of recommending specific initiatives and incentives to
encourage or facilitate affordable housing as provided in s.420.9076
v "Very Low Income Person" or "Very Low Income Household" means one or more natural persons or a
family that has a total annual gross household income that does not exceed 50 percent of the median annual
income adjusted for family size for households within the metropolitan statistical area, the county, or the
non-metropolitan median for the state, whichever is greatest.
vi "Low Income Person" or "Low Income Household" means one or more natural persons or a family that
has a total annual gross household income that does not exceed 80 percent of the median annual income
adjusted for family size for households within the metropolitan statistical area, the county of the non-
metropolitan median for the state, which ever amount is greatest.
vii "Affordable" means that monthly rents or mortgage payments including taxes and insurance do not
exceed 30% of that amount which represents the percentage 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% of its income for housing.
viii "Sales price" or "value" means, in cas~ of acquisition of an existing or newly constructed unit, the
amount on the executed sales contract. For eligible persons who are building a unit on land that they own,
the sales price is determined by an appraisal performed by a state-certified appraiser. The appraisal must
include the value of the land and the improvements using the after-construction value of the property and
must be dated within 12 months of the date of construction is to commence. The sales price of any unit
must include the value of the land in order to qualify as eligible housing as defmed in subsection (8). In
the case of rehabilitation or emergency repair of an existing unit, sales price or value means the value of
the real property, as determined by an appraisal performed by a state-certified appraiser and dated within
12 months olthe date consiruction is io coriuiicu(;c lil die iU~e~~ed value of the real p.up...t}' 2t3 de~ennmeo
by the county property appraiser, plus the cost of the improvements.
i. "Special Housing Needs Population" means persons or families of handicapped, disabled, homeless, rural
farm workers, elderly, persons with aids, persons living in unsafe structures and victims of domestic
violence - "Population" means the latest official state estimate of population certified pursuant to s.186.901
prior to the beginning of the state fiscal year.
x "Citizens Participation Plan" adopted ordinance #5770-95, 4/20/95 by City of Clearwater Commission
creating an housing advisory committee
xi "Affordable Housing Incentive Plan" was accepted by the City of Clearwater Commission by Resolution
#94-43 June 16, 1994 as recommended by the Affordable Housing Advisory Committee on June 17, 1993
xii "Local Housing Incentive Strategies" means local regulatory reform or incentive programs to encourage
or facilitate affordable housing production, which include at a minimum, assurance that permits as defmed
in s.163.3164(7) and (8) for affordable housing projects are expedited to a greater degree than other
projects; an ongoing process for review of local policies, ordinances, regulations, and plan provisions that
increase the cost of housing prior to their adoption; and a schedule for implementing the incentive
strategies. Local housing incentive strategies may also include other regulatory reforms, such as those
enumerated in s.420.9076 and adopted by the local governing body.
xiii "Eligible Sponsor" means a person or a private or public for-profit or not-for-profit entity that applies
for an Award under the LHAP for the purpose of providing Eligible Housing for Eligible Persons
xiv "Eligible Person" means or "Eligible Household" means one or more natural persons or a family
determined by the eligible municipality to be of very-low income, low income or moderate income
according to the income limits adjusted to family size published annually by the United States Depamnent
of Housing and Urban Development based upon the annual gross income of the household.
xv "First Time Homebuyer" means, in general, someone who has not owned and occupied their principal
place of residence whether in the United States or in any other country) for a period of at least three (3)
years from the anticipated closing date of the property being financed.
xvi "Self-Sufficiency" means being off of all federal government entitlement programs, including subsidized
housing, and ultimately to become a home owner.
.
17
.
.
.vii "Grant" means an award from the local housing assistance trust fund to an eligible sponsor or eligible
person to partially assist in the construction, rehabilitation, or fInancing of eligible housing or to provide
the cost of tenant or ownership qualifIcations without requirement for repayment as long as the condition
of award is maintained.
.viii "Community Based Organizations" means a nonprofIt organization that has among its purposes the
provision of affordable housing to persons who have special needs or have very low income, low income
or moderate income within a designated area, which may include a municipality, a county, or more than on
municipality or county, and maintains, through a minimum of one-third representation on the
organization's governing board, accountability to housing program beneficiaries and residents of the
designated area. A community housing development organization established pursuant to 24 C>F>R> part
92.2 and a community development corporation created pursuant to chapter 290 are examples of
community-based organizations.
.i. "Loan" means an award from the local housing assistance trust fund to an eligible sponsor or eligible
person to partially finance the acquisition, construction, or rehabilitation of eligible housing with
requirement for repayment or provision for forgiveness of repayment if the condition of the award is
maintained
xx "Local Housing Assistance Strategies" means the housing construction, rehabilitation, repair, or fInance
program implemented by the participating county or eligible municipality with the local housing
distribution or other funds deposited into the local housing assistance trust fund.
xxi As a condition of receipt of an award, the eligible sponsors or eligible person must contractually commit
to comply with the affordable housing criteria provided under 55.420-907-420.9079 applicable to the
affordable housing objective of the award. The plan criteria adopted by the City of Clearwater prescribes
the contractual obligation required to ensure compliance with award conditions.
xxii "Adjusted for Family Size" means adjusted in a manner that results in an income eligibility level that is
lower for households having fewer than four people, or higher for households having more than four
people, than the base income eligibility determined as provided in subsection (19), subsection (20), or
subsection (28), based upon a fonnula established by the United States Department of Housing and Urban
Development.
xxiii "Manufactured Home" means a home that contains a Department of Community Affairs (DCA) Seal,
must be built after 1978, must be permanently attached to the foundation and the buyer must have fee-
simple title to the land on which the manufactured home is situated.
xxiv To insure compliance the borrower must provide a property inspection report (ASIn inspection is
recommended) to verify that these standard have been met.
xxv The City of Clearwater nor its eligible sponsors can finance properties currently occupied by tenants
who will be displaced or required to vacate so that the sale can be fmalized
.
18
.
CITY OF CLEARWATER, FLORIDA
STATE HOUSING INITIATIVES PARTNERSffiP (SffiP) PROGRAM
LOCAL HOUSING ASSISTANCE PLAN
STATE FISCAL Years 2000-01, 2001-02 and 2002-03
EXIllBIT I
INCOME CERTIFICATION CHART
Effective March, 2000
.
INCOME ELIGIBILITY LIMITS
2000
Household Median 50% Median 80% Median 120% ...
Size Income (Very Low) (Low) Median
Income Income Income
1 Person $ 33,300 $ 16,650 $ 26,600 $ 39,900
2 Persons 38,000 19,000 30,400 45,600
3 Persons 42,800 21 ,400 34,200 51 ,300
4 Persons 47,500 23,750 38,000 57,000
5 Persons 51,300 25,650 41 ,050 61 ;575
6 Persons 55,100 27,550 44,100 66,150
7 Persons 58,900 29,450 47, 1 00 70,650
8 Persons 62,700 31,35"0 50,150 75,225
GROSS (UNADJUSTED) MEDIAN HOUSEHOLD INCOME - $47,500.00
.
.
.
.
CITY OF CLEARWATER, FLORIDA
STATE HOUSING INITIATIVES PARTNERSHIP (Smp) PROGRAM
LOCAL HOUSING ASSISTANCE PLAN
STATE FISCAL Years 2000-01,2001-02 and 2002-03
EXHIBIT n
* 900/0 OF MEDIAN AREA PURCHASE PRICE
LOCAL GOVERNMENT NEW EXISTING
Daytona Beach MSA 106,365 71,686
Fort Lauderdale PMSA 124,187 108,726.
Fort Myers - Cape Coral MSA 121,536 102,242
Fort Pierce - Port St. Lucie MSA 92,644 95,682
Jacksonville MSA 106,017 92,490
Lakeland- Winter Haven MSA 87,121 57,535
Melbourne - Titusville - Palm Bay MSA 110,749 90,846
Miami PMSA 119,439 113,418
Naples MSA 106,365 118,264
Orlando MSA 95,838 101,707
Punta Gorda MSA 106,365 79,463
Sarasota - Bradenton MSA 106,711 94,995
Tallahassee MSA 106,365 90,055
Tampa-St. Petersburg-Clearwater MSA 88,679 83,491
West Palm Beach - Boca Raton MSA 134,040 107,949
Monroe County 135,714 124,875
Other Areas 106,365 98,523 .
*Source: Revenue Proclamation 94-55. U.S. Department or Treasury
.
C I T Y 0 F C LEA R W ATE R, F LOR IDA
STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAM
LOCAL HOUSING ASSISTANCE PLAN
STATE FISCAL YEARS 2000-01
EXHIBIT I - A
2000 - 2001 AVERAGE/MAXIMUM AWARDS
Strategy #1 DOWN PAYMENT & CLOSING COST ASSISTANCE FOR NEW
CONSTRUCTION & PURCHASE OF EXISTING UNITS
Proposed average cost per unit......................................................$ 9,946.25
Proposed maximum cost per unit...................................................$20,000.00
proposed 2000-2001 maximum cost per unit....................................$20,000.00
Proposed 2000-2001 average SHIP cost per unit................................$ 9,946.25
Number of households assisted............. ............ ................... ............... .... .16
Strategy #2 DEMOLITION WITH 'RECONSTRUCTION
.
Proposed average cost per unit.......... .... ... ...... ..... ................... ...... .$65,000.00
Proposed maximum cost per unit...................................................$65,000.00
Proposed 2000-2001 maximum cost per unit ....................................$65,000.00
Proposed 2000-2001 average SHIP cost per unit...............................$65,000.00
Number of households assisted....... ......... .......... ... ... ............ ..... ......... ..... ..4
Strategy #3 OWNER OCCUPIED REHABILITATION
Proposed average cost per unit. .....................................................$21,666.67
Proposed maximum cost per unit.... ....... ......... ... ... ........................ .$30,000.00
Proposed 2000-2001 maximum cost per unit....................................$30,000.00
Proposed 2000-2001 average SHIP cost per unit.............................. $21,666.67
Number of households assisted..... ........ ............... ... .... ........ ...... ... ...... .... .....9
Strategy #4 ACQUISITION WITH REHABILITATION
Proposed average cost per unit......................................................$10,387.00
Proposed maximum cost per unit...................................................$10,387.00
Proposed 2000-2001 maximum cost per unit....................................$10,387.00
Proposed 2000-2001 average SHIP cost per unit...............................$10,387.00
Number of households assisted.......... .................................... ......... .......... ..2
Strategy #5 EMERGENCY REPAIR OF EXISTING UNITS
.
Proposed average cost per unit......................................................$ 2,550.00
Proposed maximum cost per unit...................................................$ 2,550.00
Proposed 2000-2001 maximum cost per unit....................................$ 2,550.00
Proposed 2000-2001 average SHIP cost per unit.............................. $ 2,550.00
yNumber of households assisted............. .......... ... ...... ..... .... ... ..... ....... .... .... .29
.
2000-2001 A VERAGEIMAXIMUM AWARDS
Page -2-
Strategy #6 DISABLED RETROFIT
Proposed average cost per unit......................................................$ 5,000.00
Proposed maximum cost per unit...................................................$ 5,000.00
Proposed 2000-2001 maximum cost per unit....................................$ 5,000.00
Proposed 2000-2001 average SHIP cost per unit...............................$ 5,000.00
Number of households assisted....... ................................. ........................ ....2
.
.
.
C I T Y 0 F C LEA R W ATE R, F LOR IDA
STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAM
LOCAL HOUSING ASSISTANCE PLAN
STATE FISCAL YEARS 2000-01
EXHIBIT II - B
2001 - 2002 AVERAGE/MAXIMUM AWARDS
Strategy #1 DOWN PAYMENT & CLOSING COST ASSISTANCE FOR NEW
CONSTRUCTION & PURCHASE OF EXISTING UNITS
Proposed average cost per unit......................................................$ 9,946.25
Proposed maximum cost per unit...................................................$20,000.00
proposed 2001-2002 maximum cost per unit....................................$20,000.00
Proposed 2001-2002 average SHIP cost per unit................................$ 9,946.25
Number of households assisted.. ..... ................ .................. .............. .... .....16
Strategy #2 DEMOLITION WITH 'RECONSTRUCTION
.
Proposed average cost per unit. .... ..... ... ....................................... ..$65,000.00
Proposed maximum cost per unit...................................................$65,000.00
Proposed 2001-2002 maximum cost per unit ....................................$65,000.00
Proposed 2001-2002 average SHIP cost per unit...............................$65,000.00
Number of households assisted...... ............. ... ............. ...... ........... ...... ..... ..4
Strategy #3 OWNER OCCUPIED REHABILITATION
Proposed average cost per unit......................................................$21666.67
Proposed maximum cost per unit...................................................$30,000.00
Proposed 2001-2002 maximum cost per unit....................................$30,000.00
Proposed 2001-2002 average SHIP cost per unit.............................. $21,666.67
Number of households assisted................. ............... ...... ..... ................... .....9
Strategy #4 ACQUISITION WITH REHABILITATION
Proposed average cost per unit......................................................$10,387.00
Proposed maximum cost per unit.............~......................................$10,387.00
Proposed 2001-2002 maximum cost per unit.....................................$10,387.00
Proposed 2001-2002 average SHIP cost per unit................................$10,387.00
Number of households assisted. ...... ....... .................... .... ... ..... ......... .... ...... ...2
Strategy #5 EMERGENCY REPAIR OF EXISTING UNITS
.
Proposed average cost per unit......................................................$ 2,550.00
Proposed maximum cost per unit...................................................$ 2,550.00
Proposed 2001-2002 maximum cost per unit....................................$ 2,550.00
Proposed 2001-2002 average SHIP cost per unit.............................. $ 2,550.00
Number of households assisted....... ... ... ...... ....... ... ...... ........ ............ ......... .29
.
2001-2002 A VERAGEIMAXIMUM AWARDS
Page -2-
Strategy #6 DISABLED RETROFIT
Proposed average cost per unit......................................................$ 5,000.00
Proposed maximum cost per unit...................................................$ 5,000.00
Proposed 2001-2002 maximum cost per unit....................................$ 5,000.00
Proposed 2001-2002 average SHIP cost per unit...............................$ 5,000.00
Number of households assisted.. ... ... .............. ...... ............ ...... ............. ..... ....2
.
.
.
CITY OF CLEARWATER, FLORIDA
STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAM
LOCAL HOUSING ASSISTANCE PLAN
STATE FISCAL YEARS 2000-01
EXHIBIT III - C
2002 - 2003 AVERAGE/MAXIMUM AWARDS
Strategy #1 DOWN PAYMENT & CLOSING COST ASSISTANCE FOR NEW
CONSTRUCTION & PURCHASE OF EXISTING UNITS
Proposed average cost per unit......................................................$ 9,946.25
Proposed maximum cost per unit...................................................$20,000.00
proposed 2002-2003 maximum cost per unlt....................................$20,000.00
Proposed 2002-2003 average SHIP cost per unlt................................$ 9,946.25
Number of households assisted.............................................................. ..16
" .
Strategy #2 DEMOLITION WITH "RECONSTRUCTION
.
Proposed average cost per unit......................................................$65,000.00
Proposed maximum cost per unit...................................................$65,000.00
Proposed 2002-2003 maximum cost per unit ....................................$65,000.00
Proposed 2002-2003 average SHIP cost per unlt...............................$65,000.00
Number of households assisted............................................................... ..4
Strategy #3 OWNER OCCUPIED REHABIUTATlON
Proposed average cost per unit......................................................$21666.67
Proposed maximum cost per unit...................................................$30,000.00
Proposed 2002-2003 maximum coSt per unit....................................$30,000.00
Proposed 2002-2003 average SHIP cost per unit.............................. $21,666.67
Number of households assisted........ ... .......................~.................. .... ..... ......9
Strategy #4 ACQUISITION WITH REHABIUTATlON
Proposed average cost per unit.......................................................$10,387.00
Proposed maximum cost per unit..........~..........................................$10,387.00
Proposed 2002-2003 maximum cost per unlt.....................................$10,387.00
Proposed 2002-2003 average SHIP cost per unlt................................$10,387.00
Number of households assisted........ ......... ... ......... ...... ... ..... ... ................... ...2
Strategy #5 EMERGENCY REPAIR OF EXISTING UNITS
.
Proposed average cost per unit......................................................$ 2,550.00
Proposed maximum cost per unit...................................................$ 2,550.00
Proposed 2002-2003 maximum cost per unit....................................$ 2,550.00
Proposed 2002-2002 average SHIP cost per unit.............................. $ 2,550.00
Number of households assisted................................ ...... ...... ......... ... ....... ..29
.
.
.
" ,
2002-2003 A VERAGEIMAXIMUM AWARDS
Page -2-
Strategy #6 DISABLED RETROFIT
Proposed average cost per unit......................................................$ 5,000.00
Proposed maximum cost per unit...................................................$ 5,000.00
Proposed 2002-2003 maximum cost per unlt....................................$ 5,000.00
Proposed 2002-2003 average SHIP cost per unit...............................$ 5,000.00
Number of households assisted....... .................. .... ... ..... .................. .......... ...2
.
ATTACHMENT 'A'
HOUSING DELIVERY GOALS
.
.
FLORIDA HOUSING FINANCE CORPO
lION
Please l:huk applkabk bo..., & if Amendmenl, enter numIH.-r
HOUSING DELIVERY GOALS CHART
STRATEGIES FOR THE LOCAL HOUSING ASSISTANCE PLAN FOR STATE FISCAL YEAR:
Name of Local Government:
CITY OF CLEARWATER
flPM~p>>,w~~mri}
.........}......\($~r~Qlt$i.}
Down Payment & Closing Cost Assistance
New Construction
2 $ 20,000.00 2 $15,000,00
5 $ 7,814.00 5 $ 7,814,00
3 $ 65,000.00 1 $65,000.00
4 $ 30,000,00 5 $15,000.00
1 $ 10,387.00 1 $10,387.00
15 $ 2,550,00 14 $ 2,550.00
1 $ 5,000.00 1 $ 5,000.00
31 29
hi sting
Demolition & Reconstruction
Owner-occupied Rehabilitation
Acquisition with Rehabilitation
Emercency Repair
Disabled Retrofit
Subtotal 1 (Home Ownership)
......................
.......................
\"'MW~~W.
.....
:::!\.Iiiij@)
Subtotal 2 (Non-Home Ownership)
New Plan:
2000-2001
Amendment:
Fiscal Yr. Closeout:
I Available Funds: 1$854,299
YES
2000-2001
A
BCD
........,...................,..,......RS....,t,...:,~.1..n,','..:.b.".'.,I.'.,R.'".,.,"I',"f'.~,'...,a,;.,~','....,..,r....,....:......... .:W:i,..,..~~ij~i~,i~ii.t~~~......
" T..., .. .......{@i$.iQ~. .... .~I.MI%iWi
EIEI
......:..:Toli1l(
...................
.................. .
. ...... . .....
.......... ......
......... .......
..#i~~g
2 $ 5,500.00 $ 81,000,00
0 $ - $
0 $ - $ 260,000.00
0 $ - $ 195,000,00
0 $ - $ 20,774.00
0 $ - $ 73,950.00
0 $ - $ 10,000.00
2 $ 341,000.00 $ 299,724.00 $
78,140,00
$ 81,000,00 9,50%
$ 78,140,00 9,10%
$ 260,000,00 30,40%
$ 195,000.00 22.80%
$ 20,77400 2.40%
$ 73,950.00 8,70%
$ 10,000.00 1,20%
$ 718,864.00 84,10%
6
10
4
9
2
29
2
62
10'000/.~
Admin. From Program Income
Home Ownership Counseling $ 50,005.00 5,90%
GRAND TOTAL 31 29 2 $341,000.00 $ 299,724.00 $ 78,140,00 100% 62
Add S4.1bto.... 1 .. 1, plu..u Admin. .. HO COUAJe1inl
-~~~~::~:::~:;OWR~'b
Administration Fees
Allocation Breakdown Amount %
Very-Low Income $447,707 52.4%
Low Income $260,157 30.4 %
Moderate Income $ 11,000 1.3 Ok
TOTAL $718,864 84.1%
78,140.00
:'iii~~&;MijiilM> .)~~AA~i.~~ii>W.ii~~~i~:'j'olai...........i .........TOtaJ.........
.'.......... .:. . , ".., ................................................. :::::::::::::::::::::, :::' ':, :,'.'........'................S:...L.'.'...'....I.:.~.~..,:......,.p.:.,...L.. .....:.Il,..,.~..,..s:.....,.......,............, I.>......,..;.................,;,.,:. L..,..,.,......,l,......,...............
..::.:.~~~~@ ........~i:iif~#~iF~@f@!#r. .... ." '" ~.s I:~ ~~....
$
85.430,00
Projected Program Income:
Projected Recaptured Funds:
Distribution:
Total Available Funds:
Max Amount Program Income For Admin:
$
854,299
27-Mar-00 12:29 PM
FLORIDA HOUSING FINANCE CORPO liON
HOUSING DELIVERY GOALS CHART
STRATEGIES FOR THE LOCAL HOUSING ASSISTANCE PLAN FOR STATE FISCAL YEAR:
Name of Local Government:
CITY OF CLEARWATER
.. ............jjji:!IIIII~II~~iil!!.:!!II:lil:.....::):.
...................
.MNMiW)
......
" ....&~i~......
2 $ 20,000.00 2 $15,000.00
5 $ 7,814,00 5 $ 7,814.00
3 $ 65,000.00 1 $65,000,00
4 $ 30,000.00 5 $15,000.00
1 $ 10,387.00 1 $10,387.00
15 $ 2,550.00 14 $ 2,550.00
1 $ 5,000,00 1 $ 5,000.00
31 29
Down Payment & Closin, Cost Assistance
New Construction
his'inS
Demolition & Reconstruction
Owner-occupied Rehabililalion
Acquisition with Rehabilitation
Emergency Repair
Disabled Retrofit
Subtotal 1 (Home Ownership)
rh-.ue ch<<" .ppliuble bol, .. if AnKndmelll, enl., nllmber
New Plan:
YES
2002-2003
Amendment:
fiscal Yr. Closeout:
I Available Funds: 1$854,299
ABC D E F
l.il.lii!r~I~I.il:l:I.III::::.:I:[[f.r'l~ili!:.:! .::!!.:!~:~~:~::i....... .;=f:i;~~i. ........~~jill.~;~ ... ......ii~~~...:. '.;;i~~;'~:::
2 $ 5,500.00 $ 81,000.00
0 $ - $
0 $ - $ 260,000.00
0 $ - $ 195,000.00
0 $ - $ 20,774.00
0 $ - $ 73,950.00
0 $ - $ 10,000.00
2 $ 341,000.00 $ 299,724.00 $
$ 81,000,00 9.50% 6
$ 78,140,00 9.10% 10
$ 260,00000 30.40% 4
$ 195,00000 22.80% 9
$ 20,77400 2.40% 2
$ 73,950.00 8.70% 29
$ 10,00000 1,20ok 2
$ 718,864.00 84.10ok 62
78,140,00
78,140,00
Subtotal 2 (Non-Home Ownership)
Administration Fees
Admin. From Program Income
Home Ownership Counseling
$
$
10'00%~
5.90%
100% 62
.....................................:........:...:.....:.....:::.:.:...........:...:....:::...::..:.........::.....:.:.:.:.:.}.:...........:.:::...:...:..:...:.:.:.:........:::..:::.:::::::.:...:.:.:...:...:.....:.:::........:::::.....:.:.......:..:.::::...::..:::.:...':'::"::::::::':'::':::::':::::"::::":::~:::::':'"::.:::::.:.:.::..:.:::::...:::.::::::::::::.:::..:::..:.::..::::::::.:::::.:::::::::::::::::::::.::.:::;::::~:.:t::::::::::::...:..:::..::::.::}:::.::::.::::.:::...............:.:...:::.......:..:::.:::.::.:::.:::::::::::::::::::.:..........:..::::.::.:.::::.:::::..::..:..::...:::::.}::..:::.:..:...........:....::....:...:...:::.::.::.::::.:::..."::'.:':".::::::.::':'
Percentage Construction/Rehab Calculate ConslrJRehab P.rcenl. by addinl Grand Tolal Columns A&B,then divide by Annual Alloation AmI,
Maximum Allowable
Purchase Price: New $ 88,769.00 Existing $ 83,46\.00
GRAND TOTAL
31
29 '))f))ff)f))
.............................................
........,..............
......,...............
.......................
.............................................
......................
... ... '" ..
Add SubloUik 1 a. 2, plu. all AcMUa. .. HO c.......
Allocation Breakdown
Very-Low Income
Low Income
Moderate Income
TOTAL
%
Amount
$447,707
$260,157
$ 11,000
$718,864
52.4%
30.4%
1,3%
84,1%
85,430,00
50,005.00
2 ..I:.::I::I:':IIIII:.
............,.........
.......................
......................
:.....:.......:.....:.:...:.:.:.:...:.:.:.:.:
$341,000.00 $ 299,724,00 $
78,140.00
Projected Program Income:
Projected Recaptured Funds:
Distribution:
Total Available Funds:
Max Amount Program Income For Admin:
$
854,299
17-Mar-OO 01 :49 PM
FLORIDA HOUSING FINANCE CORPO
lION
PleiU~ ChKj,; "'Ppliuble bo~, & if Amrndmenl, I.'nler numbO'r
HOUSING DELIVERY GOALS CHART
STRATEGIES FOR THE LOCAL HOUSING ASSISTANCE PLAN FOR STATE FISCAL YEAR:
Name of local Government:
CITY OF ClEARWATER
""/""""""""""libMitoWMER5HIP <"""':':,,::::,::::':
,.,'.J.::::$~tfdl~~>:
Down Payment & Closing Cost Assistance
New Conslruelion
2 $ 20,000.00 2 $15,000.00
5 $ 7,814.00 5 $ 7,814,00
3 $ 65,000,00 1 $65,000,00
4 $ 30,000,00 5 $15,000.00
1 $ 10,387.00 1 $10,387,00
15 $ 2,550,00 14 $ 2,550.00
1 $ 5,000.00 1 $ 5,000,00
31 29
hisling
Demolition & Reconstruction
Owner-occupied Rehabilitation
Acquisition with Rehabilitation
Emerlency Repair
Disabled Retrofit
Subtotal 1 (Home Ownership)
'::,,:::::,,:"';:':'~I'I~~':':(:{,)
New Plan:
YES
2002-2003
Amendment:
Fiscal Vr. Closeout:
I Available Funds: 1$854,299
A
EIIIj
'/::::'16tali
...................
.............. ... .
...................
..................
.... ..............
ffii#i~m
BCD
~~~~~i~~W . .W1\iiiiiiiq;~~;~ii~.{totar
.................. ....... ...................
........................... .....................
............... .......... .....................
........................... ....... ............
/..~#!f.~@(:....~~,fiiiiiW~
..............................
...............................
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
............. .... ...........
:.::SHiiD@~ri(
............... .............
.... ... ................. ....
2 $ 5,500.00 $ 81,000,00
0 $ - $
0 $ - $ 260,000.00
0 $ - $ 195,000,00
0 $ - $ 20,774,00
0 $ - $ 73,950.00
0 $ - $ 10,000.00
2 $ 341,000.00 $ 299,724.00 $
78,140.00
$ 81,000.00 9.50% 6
$ 78,140.00 9,10"10 10
$ 260,000,00 30.400/0 4
$ 195,000,00 22,800/0 9
$ 20,774,00 2.40"10 2
$ 73,950.00 8,70% 29
$ 10,000.00 1,200/0 2
$ 718,864,00 84.100h, 62
78,140,00
::j;l~~i~m@},))Mi. ... ::}$l~dmf((::@M{~~M~MM:: ,. :?#~~ij~~)m~~W~MfM~/J.fuiW/:{::r6tlll> /T~~l\t
:A~~:::,:~ri$:) . ..,;i.Watd: . .::::::@iili'~M~{:/::(~~~:~~m?~M~~i;~j<$fiW'99MW: . .:AA~$~~ii';iW>
1:.:::~
GRAND TOTAL 31 29 2 $341,000.00 $ 299,724.00 $ 78,140,00 1000/0 62
Add Subtot.h 1 .. 2, pku ..II AdnIia. .. HO COUftWrUlI
m :::~~:~::~:;OWR.h.b
Subtotal 2 (Non-Home Ownership)
Administration Fees
Admin. From Program Income
Home Ownership Counseling
Allocation Breakdown Amount %
Very-low Income $447,707 52.4%
low Income $260,157 30.4 %
Moderate Income $ 11,000 1.3%
TOTAL $718,864 84.1%
$
85,430.00
$
50,005.00
Projected Program Income:
Projected Recaptured Funds:
Distribution:
Total Available Funds:
Max Amount Program Income For Admin:
$
854,299
27-Mar-OO 12:31 PM
.
ATTACHMENT 'B'
TIME LINE FOR EXPENDITURES
.
.
.
.
.
TIME TABLE FOR STATE FISCAL YEAR 2000-2001
Local Government: CITY OF CLEARWATER
,
Advertise Avallabillly of Funds x
ApplIcatIon Period (Co"'.Bida) x x x x
AppIIcaIlon Period(On-GoIng) x x x x x x x X X X X X X X X X X X
Stall Poaaram Vo. X
_ Ropod X x x
Mld-V....R_t-.- x
Encl-V.., R_AdIuo........ x X x
E.....- IleadIIne x
ExpendIIn IleadIIne x
Final Program _ X
Olrec:tlons:
Type In the applicable years across the top Hne.
LIst Program AcUvllles 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)
3/11
.
.
.
TIME TABLE FOR STATE FISCAL YEAR 2001.2002
Local Government: CITY OF CLEARWATER
r:'" ",r;; , "Wt\;;'~',: ',~ ,~~~~~: ',,~', . -, :', ',' " ~.~~~,:~:?~'~:~~r~~- ~ :',." - " "~ '31-~"::~ ~:~,:' ,: "~~:.~;;j;[:-~, :-- ,": '~~=~~~~:~~;~; ': ':"~~':'-:-~-4~'~:' 2 '~,~-;~~~~;,~:i""}
-.H':'I 1"
i t, ~
~,
J.~t '[,.1 4 jC:;l:l1J"ii~'iL.,.)_,,~ L.it, ;.1;1 ,..l:..~t t .,,5; _.... ,.d, ""h &,Jo;.j'.Jlf""","",.J if' U ,.l" [ ,,,~_ ..<,k.""',,!;.'lii ,Ll _,._ ~,'.H ~"Lh "'Ilk"~~j,il,~ .. .. ..,.'".., .' ),'d" ',',1. "<""a',,,J.B..~:l'II_".!A
Ad_.Av~ ., Funds x
-POIIDdC~,-) x x x x
_ POIIDdCOr>GoIno) x x x x x x x x x x x x x x x x x x
Stall PRlGram Yo. x
__ x x x
MIlI-Y__Adlus_ x
Encl-Yo.R_Ad)uslmetU x x x
Enc:umInnce DudIIne x
Expeqt.... Deadline x
FNl PmanIm R_ x
DIrections:
Type In the applicable years across the top line.
Llst Program Actlvltlel 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
21 Encumbrance of fundi (12 months following end of State FIScal Year)
3) Expenditure of fundi (24.months following end of State Fiscal Year).
4) Submit Annual Report to FHFC (September 15th)
.....
.
.
.
TIME TABLE FOR STATE FISCAL YEAR 2002.2003
Local Government: CITY OF CLEARWATER
r;'t00'1I1~) ~jt'(C;, -~~.'~i,.'H .". ~~l1i':-\ l ~ ,_ to:'>. '~'jl,,-~-'_uo-~~""-:,21'j[~"t"'--" ',:~'n_;:~]
L'~:.'H4" !~" '<11:1 ,I'" lr1j[ ".. ,: - , ::1 -;' - m I i'" t,lF. - - - ,',', ,r,' }'r>[~
_ Avo_ofFunclI x
AjlpIIcalIon Period (Camp.BilI) x x x x
A-Ion Pertod(On-GoIngl x x x x x x x x x x x x x x x x x x
Stall Pmaram Year x
Annuli R"""" x x x
Mlcl-Year _Adjus_ x
End-YearR_Ad_ x x x
E............. DeadIno x
Emond.... DeadIno x
FNI__ x
DIrections:
Type In the applicable yea.. across the top line.
List Program Activities down left hand side. Type In an RXR
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 appllcaUon 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)
3111
.
.
.
" ,
ATTACHMENT 'c'
CERTIFICATIONS
~ -
.
CERTIFICATION TO FLORIDA HOUSING FINANCE AGENCY
Local Government: City of Clearwater, Florida
(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
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 Finance Agency 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 t he
Local Assistance Plan.
(9) Amendments to the approved Local Housing Assistance Plan shall be
provided to the Agency with 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 audit will be forwarded to the Agency as soon as available.
.
-
-
-
.
.
.
, I
(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
Agency as soon as available.
(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,
affordabllity 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
~4i~reqUI~me~. \
Witness ~el J. Roberto
CIty Manager
d?-A_ 2~~
Witness
4~ I /00
Date I I
Attest:
r - 2
.
(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
Agency as soon as available.
(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 (L1HTC) Program shall comply with the income,
affordability and other L1HTC 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
Michael J. Roberto
City Manager
Witness
Date
.