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12-08RESOLUTION NO. 12-08 A RESOLUTION OF THE CITY OF CLEARWATER, FLORIDA, ADOPTING THE CITY OF CLEARWATER STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) LOCAL HOUSING ASSISTANCE PLAN COVERING STATE FISCAL YEARS 2012-2015; AMENDING STATE FISCAL YEARS 2009-2012 FOR CONSISTENCY; PROVIDING AN EFFECTIVE DATE. WHEREAS, the State of Florida enacted the Wiliiam E. Sadowski Affordable Housing Act, Chapter 92-317 of Florida Sessions Law, allocating a portion of documentary stamp taxes on deeds to local governments for the development and maintenance of affordable housing; and WHEREAS, the State Housing Initiatives Partnership (SHIP) Act, ss.42Q.907-9079, Florida Statutes (1992), and Rule Chapter 67-37, Florida Administrative Code, requires local governments to develop a one to three year Local Housing Assistance Plan outlining how funds will be used, and WHEREAS, according to Florida Statues, the City has elected not to conduct the triennial review and the appointment of the Affordable Housing Advisory Committee because the city has received funds below the minimum allocation. In the event the City receives full funding from the SHIP Program, the city will perform the required duties in accordance with Florida Statutes 420.9076; and WHEREAS, the City wishes to make any and all changes within the 2012-2015 Local Housing Assistance Plan retroactive to the 2009-2012 Local Housing Assistance Plan for administrative consistency; and WHEREAS, Section 420.9075(7), Florida Statutes, provides that the City may use five percent (5%) of its annual SHIP allocation for administrative expenses. Florida Statutes also provides that if the City Council 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%) of its annual allocation for administration plus five percent (5%) of program income; 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 City's SHIP 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; and WHEREAS, the maximum sales prices and values for new and existing homes associated with the LOCAL HOUSING ASSISTANCE PLAN covering Fiscal Years Resolution No. 12-08 2012-2015, shall be those as utilized by the U.S. Treasury, as amended and updated, now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CLEARWATER, FLORIDA: Section 1. The City of Clearwater hereby approves the Local Housing Assistance Plan, as attached hereto and incorporated herein (Exhibit "A") for submission to the Florida Housing Finance Corporation as required by ss. 420.907- 420.9079, Florida Statutes, for state fiscal years 2012-13, 2013-14 and 2014-15. Section 2. This resolution shall take effect immediately upon adoption. PASSED AND ADOPTED this 5th day of April , 2012. Approved as to form: L ura Mahony Assistant City Attorney 2 � ����e�Cr�C��t George Cretekos Mayor Rosemarie Call City Clerk Resolution No. 12-08 NAME OF LOCAL GOVERNMENT � p �� ' . �fr } �, -" . ���� � x:: :� U SHIP LOCAL HOUSING ASSISTANCE PLAN (LHAP) FISCAL YEARS COVERED 2012-2015 Table of Contents Title Section I. Program Description: Section II. Strategies: A: Down Payment Assistance for Newly Constructed Homes B: Down Payment Assistance/Existing Homes C: Rehabilitation D. Multi-Family Housing E. Disaster Mitigation Strategy Section III. LHAP Incentive Strategies: A: Expedited Permitting B: Ongoing Review Process C: Affordable Housing Incentives Title: LHAP Template 2009 No. 001 67-37.005(1), F.A.C. Effective Date: 11/09 Page No• Section IV. EYhibits: Exhibit A: Administrative Budget for each fiscal year covered in the Plan Exhibit B: Deadlines for Encumbrances and Expenditures EYhibit C: Housing Delivery Goals Charts (HDGC) for each fiscal year covered in the Plan Exhibit D: Certification Page Exhibit E: Adopting Resolution E:chibit F: lnformation Sheet -2- 3 7 7 9 11 13 14 16 16 16 21 22 24 27 28 30 Title: LHAP Template 2009 No. 001 67-37.005(1), F.A.C. Effective Date: 11/09 SECTION I. PROGRAM DESCRIPTION: A. Name of the participating local government and Interlocal if Applicable: CITY OF CLEARWATER Interlocal : Yes No X Name of participating local government(s} in the Interlocal Agreement; Not Ap�licable A Copy of the Interlocal Agreement is attached as E�ibit H. N/A B. Purpose of the program: Creation of the Plan is for the purpose of ineeting 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 b the Plan: 2012-2013 2013-2014 2014-2015 D. Governance: The SHIP Program is established in accordance with Section 420.907-9079, Florida Statutes and Chapter 67-37 Florida Administrative Code. The SHIP Program does further the housing element of the local government Comprehensive Plan_ Cities and Counties must be in compliance with these applicable statutes and rules. E. Local Housing Partnership 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 Clearwater continues to build partnerships through local housing providers and individuals that are involved in the development of affordable housing or resources related to affordable housing. Some of our key partners include: nonprofits, for-profit housing developers, lenders, realtors, builders/contractors, professional services providers and other government agencies. F. Leveraging: The Plans are intended to increase the availability of affordable residentia] units by combinins 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 ;rants or programs. �� Title: LHAP Template 2009 No. 001 67-37.005(1), F.A.C_ Effective Date: 11/09 G. Public Input: Public input was solicited through face to face meetings with housing providers, social service providers and local lenders and the City's Neighborhood Affordable Advisory Board. Additional public input was solicited through the St. Petersburg Times Notice of Funding Availability. H. Advertising and Outreach The City of Clearwater shall advertise the notice of funding availability in a newspaper of general circulation and periodicals serving ethnic and diverse neighborhoods, at least 3Q days before the beginning ofthe application period. If no funding is available due to a waiting list, no notice of funding availability is required. I. Discrimination: In accordance with the provisions of ss.76020-76037, the City of Clearwater finds it is unlawful to discriminate on the basis of race, creed, religion, color, age, sex, maritat 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, for example, not-for profit agencies working as partners with the City. Available support services may include but are not limited to: Homebuyers Education Through Tampa Bay Community Development Corporation, Clearwater Neighbarhood Housing Services and Community Service Foundation the homebuyer education and counseling programs are provided to homebuyers who purchase properties within the city limits of Clearwater. The goal of the education and counseling is to educate potential buyers regarding a]] aspects of the home buying process in an effort to increase the rate of successful homeownership. Fair Housing Gulfcoast Legal Services housing preservation project seeks to provides legal assistance for low to moderate-income residents of Clearwater who are victims of predatory lending practices, foreclosure rescue scams, persons experiencing or who have experienced discrimination and/or fraud in housing and to remedy these matters through negotiation, mediation or litigation and to assist residents in filing complaint regarding violations of Fair Housing Laws. Pregnancy Counseling Kimberly Home provides housing, education, case counseling, life skills training and other supportive services for pregnant youth. Etderly Services Pinellas Opportunity Council, lnc. promotes better livable opportunities by providing services tothe elderly and frail elderly. The Chore Services program help to alleviate blight and create a sense of pride in their community by providing heavy household cleaning, yard work and minor repairs. Health Care Willa Carson Health Care Center provides accessible, quality, culturally-sensitive health care to the uninsured and underserved at no cast. -4- Title: LHAP Template 2009 No. 001 67-37_005(1), F.A.C. Effective Date: 11/09 Mental Health Directions for Mental Health, Inc. offers a wide array of services including outpatient therapy and substance abuse treatment to adults, children and families with an identified mental health disability, resource coordination for those who have a diagnosed mental health disability, and other related services. Directions for Mental Health assists two thousand (2,000) individuals and families annually. I� 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, which can be lower but may not exceed 90% of the median area purchase price established by the U.S. Treasury Department or as described above. The methodology used is: Inde endent Stud co attached X U.S. Treasu De artment Local HFA Numbers The purchase price limit for new and existing homes is shown on the Housing Delivery Goals Charts. 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 F.S. However it is not the intent to ]imit 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: Should an eligible sponsor be Lised, the city/county has developed a qualification system and selection criteria for applications for Awards to eligible sponsors, which includes a description that demonstrates how eligible sponsors that employ 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 e�tent another governmental entity provides the same morlitol-in� and determination, a municipality, county or local housing financing authority may rely on such monitoring and determination of tenant eli�ibility. However, an_y loan or grant in the original amount of $3,000 or less shall not be subject to these annual monitoring and cletermination of tenant eligibility requirements. Tenant eligibility will be monitored for at ]east annually for ] 5 years or the term of assistance whicli ever is lonber wl(ess as specified above. -�- Title: LHAP Template 2009 NO. 001 67-37.005(1), F.A.C. Effective Date: 11/09 Eligible sponsors that offer rental housing for sale before 15 years or that have remaining mortgages funded under this 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. O. Administrative Budget: A detailed listing including line-item budget of proposed Administrative Expenditures are attached as E�ibit A. These are presented on an annual basis for each State fiscal year submitted. CITY O�' CLEARWATER finds that the moneys deposited in the local housing assistance trust fund shall be used to administer and implement the loca] housing assistance plan. Section 420.9075 Florida Statute and Chapter 67-37, Florida Administrative Code, states: "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_" Section 420.9075 Florida Statute and Chapter 67-37, Florida Administrative Code, further states: "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 Clearwater has adopted the above findings in the attached resolution, E;chibit E. P. PROGRAM ADMINISTRATION: Administration of the local housing assistance plan is the responsibility of the Economic Development & Housing Department of the City of Clearwater. Should a third party entity or consultant contract for all or part of the administrative or other functions of the program provide in detail the duties, qualification and selectian criteria. Q. Essential Service Personnel: Counties and eligible municipalities are required to include a detinition of Essential Services Personne] as noted in Rule Chapter 6?-37.002(8) F.A.C., Chapter 67-37.005(10), F.A.C. and Section 420.9075(3), F.S. Essential Service Personnel means persons whose household do not income exceeds 120% of AMI, as updated annually from the Department of Housing and Urban Development and distributed annually by the Florida Housing Finance Corporation and adjusted for family size, includin�: teachers and educators; other school district and university employees, police and fire personnel; health care personnel; construction industry personnel; Federal, State, County, and local government personnel, information technology industry personnel; food service personnel; service personnel; retail workers, tourism industry personnel; the occupation in demand with the most e�nployees, the occupations in demand gaining the most new jobs according to the A�ency of Workforce lnnovation (AWI); and personnel in other industries deemed essential by the City of Clearwater based on the local economy. R. Section 420.907�(3)(d), F.S.: -6- Title: LHAP Template 2009 No. 001 67-37.005(1), F.A.C. Effective Date: 11/09 Requires counties and eligible municipalities to describe initiatives in their local housing assistance plans that encourage or require innovative design, green building principles, storm resistant construction or other elements that reduce Iong term costs relating to utilities or insurance. Provide a brief description as required: The City of Clearwater promotes the use of green housing construction and green print rehabilitation techniques_ Below are excerpts from the City's comprehensive plan: C.I.10 Objective — Recognizing that sustaining building techniques contribute to keeping housing units affordable over the long term by reducing energy consumption, lowering utility bills and decreasing maintenance costs, the City of Clearwater will promote the use of green housing construction and renovation and rehabilitation techniques. Policies: C1.10.1 Encourage affordable housing projects that are constructed consistent with US Green Building Council's (USGBC) Leadership in Energy and Environmental Design (LEED} principles or Florida Green Building Coalition's (FGBC) Green Land Development and Building Standards. C.1.10.2 Encourage construction of efficient and lasting homes by developing Green Building standards, using resources such as those available through Global Green USA. C.1.10.3 Provide "green building information" to local area housing providers. C1.10.4 Work with the local chapter of the USGBC to provide information regarding LEED renovation techniques at Neighborhood Week and other outreach events. C.1.10.5 Develop prototypical xeriscape plans that can be provided to local area housing non-profits and neighborhood associations. Cornmunity Sustainability Plan Clearwater Greenprint is a community sustainability plan that identifies a series of tangible actions across eight topic areas that have the potential to reduce energy consumption, pollution and greenhouse gas (GHG) emissions while stimulating the local economy and improvin� the quality of life. The topic areas include education and awareness, green energy and buildings, transportation, land use and urban form, water resources, waste management, food production, and green business and jobs. Through creating and implementing Clearwater Greenprint, the City of Clearwater government is leading a community-wide effort to understand the challenges of today with a view toward creating a sustainable future. The strategies included in Clearwater Greenprint provide a framework for government, resident and business actions in the short, medium and long term In addition the City's comprehensive plan, the department applies �reen principles in al] new construction and rehabilitation projects. The City's specifications for new and existing homes aie tailored to meet green standards. Whenever repairs are necessary and performed on a house, green initiatives will be used to include but not be limited to, low E windows, insulation is minimum R30, exterior doors are insulated, all windows and doors seals are in place, hot water heater is in good condition and operating properly and attic has proper ventilation to better control temperatures. Section II. LHAP HOUSING STRATEG�ES: -7- Title: LHAP Template 2009 NO. 001 67-37.005(1), F.A.C. Effective Date: 11/09 A. Name of Strategy: DOWN PAYMENT & CLOSING COSTS ASSISTANCE FOR NEWLY CONSTRUCTED HOMES. a. Summary of the Strategy: The City of Clearwater through eligible developer and sub-recipients will use SHIP funds for the development of new housing units. The costs may include acquisition, site improvements, building costs and down payment and closing cost assistance to eligible very-low to moderate-income homebuyers. The City may use SHIP funds as a match for the HOME program to loan funds to eligible developers for the construction of new housing units, and in some cases, acquisition of vacant properties and infrastructure costs for new housing development. Assistance will be repaid when the unit is sold to an eligibie buyer. The City may also provide funding for assistance to homebuyers for down payment and/or closing costs, included, but not limited to, prepaid items such as prepaid interest, hazard and flood insurance. Interest rate buy-downs will also be an eligible activity under this strategy. b. Fiscal Years Covered: 2012-2013, 2013-2014, 2014-2015 c. Income Categories to be served: The strategy will serve all eligible homebuyers with incomes at or below 120% of the area median income, adjusted for family size as published annually by the United States Department of Housing and Urban Development (HUD) and distributed by Florida Housing Finance Corporation. d. Maximum award is noted on the Housing Delivery Goals Charts: See Exhibit C: Housing Delivery Goal Charts for the maximum awards for FY 20l Z-2013, ZO13-2014 and 2014-2015. The m�imum award is not automatically provided. It is not the intent of the City to over subsidize a household, where in the absence of subsidy, a household would be able to afford the level of debt associated with the home that they are seeking to obtain, based on normat underwriting practices. e. Terms, Recapture and Default: Deferred payment and low-interest second or third mortgages will be available to eligible homebuyers for down payment and closing costs assistance with the following stipiilations: � The assistance would be deferred for five years with monthly payments commencing on the beginning of sixth year and amortized over twenty-five (25) years. • City's loan term is not to exceed thirty (30) years • Loans will be secured by a mortgage and note with the executed documents recorded in the public records of Pinellas County �mtil satisfied � • Repayment of the entire principal balance of the loan is due and payable: : Title: LHAP Template 2009 No. 001 67-37.005(1), F.A.C. Effective Date: 11/09 -Upon sale or transfer of title -Property is vacated and no longer the primary residence of the borrower -Property is converted into rental unit -Any refinancing with cash out or debt consolidation The City has determined the following terms and provisions for program income versus recaptured funds: • Program Income is a source of SHIP revenue received from the following sources: bank interest, amortized loan payments and any associated interest and penalties, loan proceeds due to repayment of a loan under the condition of refinancing, death of recipient, sale or transfer of title, property is no longer the client's primary residence and property is not maintained to housing standards. • Recaptured funds is a source of SHIP revenue, received when a SHIP recipient loses his or her house to foreclosure/tax deed sales or the City repays funds that assisted an ineligible client. All funds are deposited into the Loca] Housing Trust Fund and reported as Program Income or Recaptured Funds in the State Fiscal Year they are received as appropriate for Annual Reporting purposes. f. Recipient Selection Criteria: Assistance is provided on a first-come, first-served basis. All recipients will be income eligible and will be selected using the housing pool underwriting guidelines, policies and procedures. To qualify for assistance, the eligible program participant must meet the City's definition of a first time homebuyer: • A first time homebuyer is an applicant who has not owned a home in the last three (3) years, except in the case of a person who has experienced some form of hardship. Examples are health, medical and change in family status 1. The property is located within the city limits of Clearwater. 2. The applicant must have completed a Homebuyers Education class approved by the City. The homebuyer must submit proof of completion of the class. ;. The purchased property must meet all applicable buildin; codes and a"Certificate of Occupancy" is issued prior to occupancy. g. Sponsor Selection Criteria All program sponsors or sub-recipients will be selected using the City's Consolidated Action Plan Application. Eligible sub-recipients or sponsors that provide assistance under this program wili be required to contractually commit and comply with all SHIP program requirements. Criteria include: • The not-for-profit corporation must have received a tax-exempt ruling from the Internal Revenue Service (IRS) under section 501 c(3) of the Internal Revenue Code. • The for-profit corporation must be organized and established under the la�vs of the State of Florida. • The not-for-profit or for-profit corporation must have financial accountabilit_y standards that permit the Economic Development & Housing Department to verify orga��izational capacity for project implementation. h. Additionallnformation Other state, federal, cotmty, private and homeowners contributions may be leveraged with SHIP funds. -9- Title: LHAP Template 2009 No. 001 67-37.005(1), F.A.C. Effective Date: 11/09 B. Name of Strategv: DOWN PAYMENT & CLOSING COSTS ASSISTANCE FOR EXISTING HOMES WITH OR WITHOUT REHABILIATION a. Summary of the Strategy: The City of Clearwater through its housing programs and through its sub-recipients will use SHIP funds ta provide down payment and closing costs assistance (including prepaid items) to eligible low and very low-income homebuyers. b. Fiscal Years Covered: 2012-2013, 2013-2014, 2014-2015 c. Income Categories to be served: This strategy will serve all eligible homebuyers with incomes at or below 120% of the area median income, adjusted for family size as published annually by United States Department of Housing and Urban Development (HUD) and distributed by Florida Housing Finance Corporation. d. Maximum award is noted on the Housing Delivery Goals Charts: The m�imum award is not automatically provided_ It is not the intent of the City to over subsidize a household where in the absence of the subsidy, a household would be able to afford the level of debt associated with the home that they are seeking to obtain, based on normal underwriting practices. e. Terms, Recapture and Default. Include terms of recapture in the event of default (failure to make required payments on a loan secured by first mortgage which ]eads to foreclosure and/or loss of property ownership). Deferred payment and low-interest second or third mortgages will be available to eligible homebuyers for down payment and closing costs assistance with the following stipulations: • The assistance would be deferred for five years with monthly payments commencing on the beginning of the sixth and amortized over fifteen (15) years. • City's loan term is not to exceed 30 years • Loans will be secured by a mortgage and note with the mortgage and note recarded in the public records of Pinellas Cotmty, Florida tmtil satisfied. • Repayment of the entire principal balance of loan is due and payable: -Upon sale or transfer of title � -Property is vacated and no lon�er the primary residence of the borrower -Property is converted inta a rental unit -Any refinancing with cash out or debt consolidation The City has determined the following terms and provisions for program income versus recapti.tred funds: • Program Income is a source of SHIP revenue received from the follawing sources: bank interest, amortized (oan payments and any associated interest and penalties, loan proceeds due to repayment of -10- Title: LHAP Template 2009 No. 001 67-37.005(1), F.A.C. Effective Date: 11/09 a]oan under the condition of refinancing, death of recipient, sale or transfer of title, property is no longer the client's primary residence and property is not maintained to housing standards. • Recaptured funds are a source of SHIP revenue, received when a SHIP recipient loses his or her house to foreclosure/tax deed sales or the City repays funds that assisted an ineligible client. All funds are deposited into the Local Housing Trust Fund and reported as Program Income or Recaptured Funds in the State Fiscal Year they are received as appropriate for Annual Reporting purposes. f. Recipient Selection Criteria: Assistance is provided on a first-come, first-served basis. All recipients will be incotne eligible and will be selected using the City's Housing Pool underwriting guidelines, policies and procedures. 1. To qualify for assistance, the eligible program participant must meet the City's definition of a first time homebuyer: • A first time homebuyer is an applicant who has not owned a home in the last three (3) years, except in the case of a person who has experienced some form of hardship. 2. Property must be located within the city limits of Ciearwater 3. The applicant must have completed a Homebuyers Education Class approved by the City. 4. The purchased property must meet all applicable building codes. Any deficiencies must be corrected prior to, or as part of, the purchase transaction. g. Sponsor Selection Criteria All program sponsors or sub-recipients will be selected using the City's Consolidated Action Plan Application. Eligible sub-recipients or sponsors that provide assistance under this program wil] be required to contractually commit and comply with all SHIP program requirements. Criteria include: The not-for-protit corporation must have received a tax-exempt ruling from the Inten�al Revenue Service (IRS} under section 501 c(3) of the Internal Revenue Code. The for-profit corporation must be organized and established under the laws of the State of Florida. The not-for-proFt or for profit corporation must have fina�icial accountability standards that permit the Economic Development & Housing Department to verify organizational capacity for project implementation. h. AdditionalInformation: Other state, federal, county. private and homeowners contributions may be leveraaed with SHIP funds. C. Name of Strategy: 01�VNER-OCCUPIED REHABILIATION a. Summary of Strategy: The City of Clearwater will provide funds for the rehabiiitation of owner-occupied single-occupied residences located within the city limits of Clearwater. The City will award funds for rehabilitation to o�vner-occupied; income-eli�ible households on a first-come, first-served preference. Funds for assistance may be used by the homeowner for housing rehabilitation such as, but not limited to, the following. �f! Title: LHAP Template 2009 No. 001 67-37.005(1), F.A.C. Effective Date: Il/09 • Correct housing code deficiencies • Adapt the residence to meet to meet accessibility needs of a handicapped family member In certain cases, the work may be done as emergency repairs. In those cases where the health, safety and welfare of the household are in jeopardy, they shall receive priority. Such things that are considered "emergency repairs" are: • Structural components that show signs of imminent collapse • Inoperable heating systems during the 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 • ADA modifications of an immediate nature Funding will also be available to modify elderly or speciai needs household homes that need renovations to allow them to remain independent in their homes, and prevent them from having to move into an assisted living type arrangement. Improvements may include such things as: • Wheel chair ramps • Widening of doorways • Lowering of cabinets • Installation of grab-bars • Visual guiding systems for the hearing impaired a. Fiscal Years Covered: 2012-2013, 2013-2014, 2014-2015 b. Income categories to be served: The strategy will serve all eligible recipients with incomes at or below 120% of area median income, adjt�sted for family size as published annually by United States Department of Housing and Urban Development (HUD) and distributed by Florida Housing Finance Corporation. c. Maximum award is noted on the Housing Delivery Goals Charts: d. Terms, Recapture and Default. Low-interest loan or deferred payment first, second or third mortgages will be available to eligible recipients. Deferred payment loans will be offered in the form of zero (0%) percent loans to households who are thirty percent (30%) or less of the Area Median Income (AMI). For households above 30% of Area Median tncome (AMI), borrowers will be evaluated for their ability to repay the assistance. tf a borrower's income is over 30 percent of the HUD's area median income, the borrower will be evaluated to ensure that the housinj ratio does ❑ot eYCeed thirry (30} percent. The rehabilitation assistance will be deferred for the length of the construction �F� Title: LHAP Template 2009 No. 001 67-37.005(1), F.A.C. Effective Date: 11/Q9 contract period, not to exceed one hundred & twenty days (120) days and amortized over a twenty (20) year period, with a zero (0%) percent interest. As stipulated in the City's loan documents, if a bonower does not remain as the owner occupant, or if all or any part of the property or interest therein is rented, sold, transferred or leased, the recipient will be required to pay offthe loan in accordance with the terms and conditions specified in the mortgage and note. The City has determined the following terms and provisions for program income versus recaptured funds: • Program Income is a source of SHIP revenue, received from the following sources: bank interest, amortized loan payments and any associated interest and penalties, loan proceeds due to repayment of a loan under the condition of refinancing, death of recipient, sale or transfer of title, property is no longer the client's primary residence. • Recaptured Funds is a source of SHIP revenue, received when a SHIP recipient loses his or her property to foreclosure or tax deed sale. e. Recipient Selection Criteria: Assistance will be on a first-come, first-served basis while funds remain available. Should funds not be available at any time, a City-created "Waiting LisY' will be utilized and eligible clients will be assisted when funds are available. Priority will be placed on correcting defciencies that impair the health and safety of the household and for activities occurring in our Target Areas. f. Sponsor Selection Criteria, if applicable: N/A g. Additional Information: None D. Name of Strategy: MULTI-FAMILY HOUSING a. Summary of the Strategy: Funds may be provided as loans to support the acquisition, rehabilitation and or the new construction of multi-family housing, including single-room,occupancy, transitional housing, or the housing portion of a mixed-use facility and or mixed income projects_ Funds may be used as a match for U.S. Department of Housing and Urban Development's HOME program and various other programs offered by the federal government and the State of Florida to produce and preserve multifamily housing. b. Fiscal Years Covered: 2012-20li, 20li-2014, 2014-2015 c. Income Categories to be servecl: This strateQy will serve alt eligible recipients with incomes at or below 120% of area median income, adjusted for family size as identitied on the Florida Housing Finance Corporation Income Limits Chart. d. 1VIasimum award is noted on the Housing Delivery Goais Charts: e. Terms, Recaptured anc3 Default Recapture will be in compliance with the SHIP Pro;ram requirements to ensure affordability. When HOME funds are used with SHiP; the most restrictive niles and regulations will apply. In accordance with the City's policy, the terms of the City's funding for multi-family acquisition, rehabilitation or new construction developments will vary ti-om project to project, depending on the economics of the -13- Title: LHAP Template 2009 No. 001 67-37.005(1), F.A.C. Effective Date: 11/09 development. Loans for eligible rental housing constructed, rehabilitated or otherwise assisted under this strategy must be reserved for eligible persons for at least term of the assistance. A restrictive covenant will be recorded to ensure that units remain affordable for the prescribed period of time. The City, eligible sponsor or appointed designee, shall annually monitor and determine tenant eligibility throughout the compliance period. For those developments that Florida Housing Finance provides the same monitoring and determination, the City may rely on such monitoring and determination of tenant eligibility. Eligible sponsors that offer rental housing for sale before the end of the compliance period or that have remaining mortgages funded under this strategy must give a right of refusal to the City or eligible nonprofit organizations for purchase at the current market value for continued occupancy of eligible persons. The City has determined the following terms and provisions for program income versus recaptured funds: • Program Income is a source of SHIP revenue, received from the following sources_ bank, interest, amortized loan payments and any associated interest and penalties, loan proceeds due to repayment of a loan under the condition of refinancing, death of recipient, sale or transfer of title, property is no longer the client's primary residence, and property that is not maintained to housing standards. • Recaptured Funds is a source of SHIP revenue, received when a SHIP recipient loses his or her house to foreclosure. f. Recipient Selection Criteria: The SHIP assisted units in a rental housing project will be occupied only by households that are eligible as very-low to moderate-income families. MaYimum monthly rent limits will be those established annually by HUD. g. Sponsor Selection Criteria: Eligible sponsors will be selected using the City's Consolidated Action Plan Application. Applicants may apply for funding while funds are available. Eligible persons, sub-recipients or sponsors that provide assistance under this pro�ram �vill be required to contractually commit and comply with all SHIP program requirements. Criteria include: • The not for profit corporation must have received a tax-exempt ruling from the Internal Revenue Service (IRS) under section SOl c(3) of the Internal Revenue Code. • The for-profit corporation must be organized and established under the ]aws of the State of Florida. • The not-for-profit or for-profit corporation must have financia] accountability standards that permit the Economic Development & Housing Department to verify organizational capacity for project implementation. h. Additional Information: N/A E. Name of the Stratew: DISASTER MITIGATION STRATEGY a. Summary of Strategy: In the case of naturai or man-made disasters, priorities will need to be �[� Title: LHAP Template 2009 NO. 001 67-37_005(1), F.A.C. Effective Date: 11/09 changed to meet emergency conditions. This strategy will only be used if a disaster, or a declaration by the local authorities, State of Florida and/or federal government of a disaster. SHIP funds wi11 be used to leverage available federal, state and insurance funds to provide assistance to eligible households for the purpose of repairing eligible housing. Use of funds would be available for the following activities: • Purchase of emergency supplies to waterproof damaged homes � Interim repairs to avoid further damage, such as tree and debris removal • Payment of insurance deductibles for rehabilitation of homes cover under homeowners' insurance policies b. Fiscal Years Covered: 2012-2013, 2013-2014, 2014-2015 c. Income Categories to be served: This strategy will serve all eligible recipients with incomes at or below 120% of area median income, adjusted for family size as published annually by United States Department of Housing and Urban Development (HUD) and distributed by Florida Housing Finance Corporation. d. Maximum award is noted on the Housing Delivery Goals Charts: e. Terms, Recapture, and Default: Assistance provided under this strategy will be in the form of a deferred payment or low-interest loan. Recipients must also abide by the City's loan documents, which dictate conditions that constitute repayment. The City has determined the following terms and provisions for program income versus recaptured funds: • Program Income is a source of SHIP revenue, received from the following sources: bank interest, amortized loan payments and any associated interest and penalties, loan proceeds due to repayment of a loan under the condition of refinancing, death of recipient, sale or transfer of title, property is no longer the client's primary residence. • Recaptured Funds is a source of SHIP revenue, received when a SHIP recipient loses his or her property to foreclosure or tax deed sale. All funds are deposited into the Local Housing Trust Funds and reported as Program income or Recaptured in the state fiscal year that they are received as appropriate for Annual Reporting purposes. f. Recipient Seleetion Criteria: Applicants must own and occupy the property as principal residence. The residence must have been damaged in a declared natural disaster. Applicants must be income-eligible, and will be served on a first-come, first-served basis, pendin� funding availability. The property must be ]ocated within the cit_y limits of Clearwater. Applicants must be current on mortgage secured by the property, property taxes, and homeowners insurance. g. Sponsor Selection Criteria: Eligible sponsors will be selected using the City's Consolidated Plan Application, or any other method(s) that the City may develop to expedite the Selection of Eligible Sponsor during a disaster_ -1�- Title: LHAP Template 2009 No. 001 67-37.005(1), F.A.C. Effective Date: 11/09 h. AdditionalInformation: This strategy will be implemented only in the event of a natural or man-made disaster deciaration using any SHIP funds that have not been encumbered. The City will use the Florida Housing Finance Corporation's DISASTER SELF-CERTIFICATION OF INCOME FORM, attached as"Exhibit I". SECTION III. LHAP INCENTIVE STRATEGIES In addition to Strategy A and Strategy B, include all adopted incentives with the policies and procedures used daily for implementation as provided in Section 420.9076, F.S.: A. Name of the Strategy: Expedited Permitting Permits as defined in s. 1633164(7) and (8) for affordable housing projects are expedited to a greater degree than other projects. The Planning and Development Department expedites the review process of any site plan, land use amendment, rezoning, or annexation application for an affordable housing project within the City of Clearwater. According to the City's Development Code, an affordable housing project (rehabilitation or new construction), can be approved through the City's Development Review Committee Process. If a public hearing is needed, the project is scheduled for the immediate next session of the Community Development Board (CDB). Some affordable housing projects (rehabilitation or new construction) are approved administratively; otherwise the project goes to the immediate next session of the Community Development Board. a. Provide a description of the procedures used to implement this strategy: Espedited Permitting. For Building Permit Applications, the City has a"Request for Expedited Permit Processing far Affordable Housing Activity" available through the Economic Development and Housing Department. This form allows the application to be expedited through the review process. B. Name of the Strategy: Ongoing Revie�v Process An ongoing process for review of local policies, ordinances, regulations and plan provisions that increase the cost of housing prior to their adoption. The City has a process in place by which it considers, before adoption, policies, procedures, ordinances, reaulations, or plan provisions that increase the cost of housinj. a. Established policy and procedures: Provide Description: The Senior Executive Team of the City of Cleai�water meets every two weeks to discuss and review upcoming a�enda items on the City Council's meetin� schedule. As part of this meeting, the City Clerk revie�vs with each department Director proposed items on the agenda, which includes policies, procedures, ordinances, resolutions and plan provisions for action by the City Council. Any actions that have the potential to affect the cost of housing are addressed as part of this process. Any determinations made by Eeonomic Development and Housing Department and the affected Department will be included as part of the agenda summary to the City Council on -16- Title: LHAP Template 2009 No. 001 67-37.005(1), F.A.C. Effective Date: 11/09 that particular item. The City Council agenda summary and all supporting materials are available on the city's website at www.myclearwater.com. C. Name of the Strategy: The allowance of flexibility densities for affordable housing. The City encourages flexible densities for affordable housing development in both the Future Land Use Element and the Housing Element of the City's Comprehensive Plan. a. Established policy and procedures: Provide Description: The following policy in the Future Land Use Element allows for flexible densities: "Policy A.2.2.7 — The City will provide density bonuses for affordable housing developments that demonstrate that a minimum of 15% of the total units are reserved as affordable housing units. Such bonuses sha]I not exceed 50% of the density permitted by the Future Land Use Map and shall not include properties located in the Coastal Storm Area. The density bonus shall be established by ordinance in the Community Development Code". The same policy applies to Housing Element as policy C.9.1: The City grants flexibility in densities to developers through the City's Community Development Code, which establishes flexibility criteria for specific uses requiring additional development review. Such uses fall into two categories: flexible standard development and flexible development. D. Name of the Strategy: The reduction of parking setback requirements for affordable housing. The City encourages the reduction of parking and setback requirements for affordable housing in the Housing Element of the City's Comprehensive Plan. a. Established Policy and Procedures: Provide Description: The following policy in the Housing Element supports the reduction of parking and setback requirements for affordable housing. "Policy C.1.9.2 — Allow flexibility with regard to off-street parking to accommodate density bonuses associated with affordable housing developments providecl the project design does not detract from the established or emerging character of immediate vicinity.'' "Policy C.1.93 — Allow fle�ibility �vith re�ard to off-street parkinb for projecis containina affordable housing units located within 1,000 feet of a transit stop." The City currently allows flexibility in parkin� and setback requirements for affordable housin� thoubh the�City's Community Development Code, which establishes fIexibility criteria for specific uses requirins additional development review. E. Name of the Strategy: The allowance of f7exible lot con�gurations, including zero-lot-line confiburation for affordable housing. -17- Title: LHAP Template 2009 No. 001 67-37.005(1), F.A.C. Effective Date: 11/09 The City currently allows for site plan flexibility through the development review process, as supported by the City's Community Development Code, which establishes flexibility criteria for specific uses requiring additional development review. Such criteria may allow for more flexible site plan configurations, but may also require an improved site plan to document how the flexibility will result in better design and /or appearance. For example, the flexibility criteria tied to residential infill projects within the High Density Residential (HDR") District include: a. Established policy and procedures: Provide Description "Article 2, Section 2-504 (F.6) The design of the proposed residential infill project creates a form and function which enhances the community character of the immediate vicinity of the parcel proposed for development and the City of Clearwater as a whole; (F.7} Flexibility in regard to lot width, required setbacks, height and off-street parking are justifed by the benefts to community character and the immediate vicinity of the parcel proposed for development and the City of Clearwater as a whole. F. Name of the Strategy: The preparation of a grinted inventory of locally-owned public lands suitable for affordable housing. The City maintains an inventory of locally-owned public lands suitable for affordable housing. Established policy and procedures: Provide Description The City of Clearwater on May 21, 2010 adopted Resolution 10-12, which establishes the affordable housin� inventory list per statutory requirements. A copy of the inventory list may be obtained by contacting city staff in Economic Development and Housinb Department. The list will be posted on the City's web page. G. Name of the Strategy: The support of development near transportation hubs, and major employment centers and mixed-used developments. The Future Land Use Element of the of the City's Comprehensive Plan supports the location of recide�ntial uses within "mass transit and neighborhood-servinb land uses" and near transit lines. a. Established policy and procedures: Provide Description Policy A.22.2 — Residential Iand uses shall be appropriately (ocated on local and minor collector streets; if appropriately buffered; they may be located on major collector and arterial streets. Residential }and uses shall be sited on well-drained soils, in proximity to parks; schools, mass transit and other neighborhood-serving land uses." - 1�- Title: LHAP Template 2009 No. 001 67-37.005(1), F.A.C. Effective Date: 11/09 Policy A.6.8.7 — Create mixed-use, higher density and livable communities through design and layout, near existing transit lines as well as proposed TBARTA lines and stations. Also support walkability concepts near projected TBARTA stations. In addition, the Housing Element of the Comprehensive Plan states: "Policy C.1.4.2 — Assisted housing should be located in close proximity to employment centers, mass transit services, parks, and commercial centers." N. EXHIBITS -19- Title: LHAP Template 2009 No. 001 67-37.005(1), F.A.C. Effective Date: 11/09 A. Administrative Budget for each fiscal year covered in the Plan. Exhibit A. B. Timeline for Encumbrance and Expenditure: Chapter 67-37.005, F.A.C. A separate timeline for each fiscal year covered in this plan is attached as E�ibit B. Program funds will be encumbered by June 30 one year following the end of the applicable state fiscal year. Program funds will be fully expended within 24 months of the end of the applicable State fiscal year. C. Housing Delivery Goals Chart (HDGC) For Each Fiscal Year Covered in the Plan: Completed HDGC for each fiscal year is attached as E�ibit C. D. Certification Page: Signed Certification is attached as Exhibit D. E. Adopting Resolution: Original signed, dated, wimessed or attested adopting resolution is attached as E�ibit E. F. Program Information Sheet: Completed program information sheet is attached as Exhibit F. G. Ordinance: If changed from the original ordinance, a copy is attached as E�ibit G. H. Interlocal Agreement: A copy of the Interlocal Agreement if applicable is attached as Exhibit H. -Za- ADMINISTRATIVE BUDGET FOR EACH FISCAL YEAR Exhibit A Admin B Fiscal Year 2012-2013 Salaries and Benefits O�ce Supplies and Equipment Travel Perdiem Workshops, etc Advertising Fiscal Year 2013-2014 Salaries and Benefits Office Supplies and Equipment Travel Perdiem Workshops, etc Advertising Fiscal Year Salaries and Benefits Office Supplies and Equipment Travel Perdiem Workshops, etc IAdvertising Based on a distribution of $ $ $ $ $ $ $ $ $ $ $ Exhibit A Title: LHAP Template 2009 rro. oo� 67-37.005( I ), F.A.C. Effective Date: I 1/09 9,298.30 1 a0.00 200.00 100.00 • .•: � 9,298.30 100.00 200.00 100.00 9,698.30 $ 9,298.30 $ 100.00 $ 200.00 $ 1 Q0.00 $ 9,698.30 $ 96,983.00 Exhibit B TIMETABLE FOR STATE FISCAL YEAR 2012-2013 Name of Local Government: CITY OF CLEARWATER Directions: Type in the applicable years across the top line. List Program Activities down left hand side. Type in an "X" on applicable aclivity line under month and year the activity will be initiated or completed. At a minimum tl�e following activities should be included: 1) Advertise availability of funds and application period 2J 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) area Exhibit B TIMETABLE FOR STATE FISCAL YEAR 2013-2014 Name of Local Government: CITY OF CLEARWATER Directions; 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 ths activity will be initiated or completed. At a minimum the foilowing activities should be included: 1) Advertise availability of funds and application period 2) Encumbrance of funds (12 months fo�lowing entl of State Fiscal Year) 3) Expenditure of funds (24 inonths following end of State Fiscal Year). 4) Submit Annual Report to FHFC (September 15th) 3/98 Exhibit B TIMETABLE FOR STATE FISCAL YEAR 2014-2015 Name of Local Government: CITY OF CLEARWATER Directions: Type In the applicable years across the top iine. List Prograin Activities down left hand side. Type in an "X" on applicable activily line under month and year the activity will be initiated or completed. At a minimum the following activities should be included: 1) Advertise availability ot 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) area FLORIDAHOUSING FINANCE CORPORATION p.•°.�^.°k°°a'°°"."°�"'"�^'�°`,.°`.'°°m"` HOUSING DELIVERY GOALS CHART#2002 NawPlan: X STRRTEGIES FOR THE LOCAL HOUSING ASSISTANCE PLAN FOR STATE FISCAL YEAR: 2012-2013 Amendment: � Fiseal Yr. Closeout: Name of Local Government: CITY OF CLEARWATER Available Funds: $1ss,ss3.00 — ---- _ _-----__ __ ______ - --- ---- ------ — A B C D E F HOME OWNERSHIP VLI Max.SHIP LI Max.SHIP MI Max.SHIP NewCOnstruction RehablRepair WithoufConatruction TOt2� Total Total -- --- --.... _ _ _ . - ---- --- - - _ _ ----- -- -- - ---- ----- ----- - -- STRATEGIES Units Award Units Award Units Award SHIP Dolla�s SHIP Dollars SHIP Dollars SHIP Oollars Percentage Units 1, UPGCAforNewConslructionHomes 0 �11,250.00 2$11,250.00 0$11,250.00 �$22,500.00 $22,500.00 11.42% 2 $0.00 0.00% 0 '. 2. I]PCCAforexis[in9Flomes 1 $6,250.00 4 $6,250.00 0 $6,250.00 $25,000.00 $6,250.00 $31,250.00 15.86% 5��� $Q.OQ �.Q�% 0 '. ].Owbo�OecupiedRehabilitation 5 .>12:500.00 3 $12,500.00 0 $12,500.00 $100,000.00 $100,000.00 50.77% 8 � $0.00 0.00% 0 ''. a.r�sasterr,titiqaeon 0 $5.000.00 0 $5,000.00 0 $5,000.00 $0.00 0 0.00 /0 0 ' $0.00 0.00% 0 Suhtotal 1(Home Ownership) 6 9 0 $22,500.00 $125,000.00 $6,250.00 $153,750.00 78.05% 15 RGN7AL VLI Max. SHIP LI Maz. SHIP MI Max. SHIP New Cvnstruction RehablRepair Without Conatruction Total Total TOta� STRA7EGIES Units Award Units Award Units Award SHIP Dollars SHIP Dollars SHIP Dollars SHIP Dollars Percentage Units Midii-Fmnily Hnu.ing 1 ,14,000.00 1$14,000.00 � 0 $14,000.00 $28,535.00 $28,535.00 14.49% 2 $0.00 0.00% 0 $0.00 0.00% 0 $0.00 0.00% 0 $0.00 0.00% 0 ' Subtotal 2(Non-Home Ownership) 1 1 0 $28,535.00 $0.00 $0.00 $28,535.00 14.49% 2 Administration Fees $9,698.00 4.92% Admin. FYOm Proyram Income $5,000.00 2.54% H4mo Ownership Counseling 0.00% GRAND TOTAL Adtl Sublolals 1 6 2, pNS all Admin. 8 HO Counselinp 7 10 0 $51 035.00 $125 000.00 $6 250.00 $196 983.00 100.00% 17 � 1 Percentage ConstructionlReVi Calculate Constr.IRehab Percont. by adding Grand Total Columns A8B, then divide by Annual Allocation Amt. 89% Maximum Allowable Purchase Price: NeW . ,�. ;' �.� . ��r�15,�,00p;� , '�� Eztstirlg.., � ��,����.�.?,k��5000Q; _ f AIIoCation BI'eakdOwn Arllount % Projected Program Income: $1bQ;6D4.p4; MaxAmount Program Income ForAdmin: $5,000.00 Very-�.ow Income $82,750.00 A2.0% Projected Recaptured Funds: LOW It1C01116 �85,OOD.00 43.2% Distribution: $.,�§�963 94�_;?- � Nloderate Income 0.0"2 Total Avaitable Funds: $1&8.9S3;QQ= ? -_ � 707AL 85.2/0 2o-Mar-12 ; -------- --•- _ FLORIDA HOUSING FINANCE CORPORATION P�°�°.�^.°k°P°°°°'�.°°X"'^^�^'�°,,�,.�^°m'�� ' HOUSING DELIVERY GOALS CHART#2002 NewPlan: X STRATEGIES F012 THE I.00AL HOUSING ASSISTANCE PLAN FOR STATE FISCAL YEAR: 2013-2014 nmendment: � Fiscal Yr, Closeout: Name of l.ocal Government: CITY OF CLEARWATER Available Funds: $196,983.00 ----__ _--. __ __ _. _ ___ - _ _ __ _- - __ _ ------_ . --- q B C D E F HOh9EOWNERSHIP VLI Max.SHIP LI Max.SHIP MI Max.SHIP NewConstruction RehablRepair WithoutConstruction Total Total Total - - - - -- ._ . _ -- --- --- ---_ _._ _ . .- - __. __...--- -- —�.. - - ----- ------- — STRATEGIES Units Award Units Award Units Award SHIP Dollars SHIP Dollars SHIP Dollars SHIP Dollars Percantage Units 1, DPCCAforNewConslructionilomes 0 fh11,250.00 2 $11,250.00 0 $11,250.00 $22,500.00 $22,500.00 11.42% 2� $0.00 0.00% 0 2. uPCCAtorexisdn<�tromes 1 �y6,250.00 4 $6,250.OU 0 $6,250.00 $25,000.00 $6,250.00 $31,250.00 15.86% 5' $0.00 0.00% 0 3.OwGerOccupiedRehabilitation 5 $12,500.00 3 $12,500.00 0 $12,500:00 $100,000.00 $100,000.00 50.77% 8�. $0.00 0.00% 0 a.Disasterhsitigatian 0 $5,000.00 0 $5,000.00 0 $5,000.00 $0,00 0.00% 0 $0.00 0.00% 0 ' Subtotal 1(Home Ownership) 6 9 0 $22,500.00 $125,000.00 $6,250.00 $153,750.00 78.05% 15 RENTAL VLI Max. SHIP LI Max. SHIP MI Max. SHIP New Construction RehablRepair Without Construction Total Total Total STRATEGIES Units Award Units Award Units Award SHIP Dollars SHIP Dollars SHIP Dollars SHIP D0118f5 Percentaqe Units ^e�i�u-r-ami�y ��ovs�nq 1 514,040.00 1$14,000.00 0 $14,000.00 $28,535.00 $28,535.00 14.49% 2' $0.00 0.00% 0 - $0.�0 �.�Q% 0 ��. $0.00 0.00% 0 ' $0.00 0.00% 0 ' Subtotal 2(No�-Home Ownership) 1 1 0 $28,535.00 $0.00 $0.00 $28,535.00 14.49% 2 Administration Fees $9,698.00 4:92% Admin. From Proyram Income $5,000.00 2.54% Home Ownership Counseling 0.00% Gf�AND TOTAL ne� s���oi:a: � s z c��� �n na��i�. a Mo co��:em,v 7 10 0 $51 035.00 $125 000.00 $6 250.00 $196 983.00 100.00% 17 ' Percentage Construction/Rei Calculate Consa.IRehab Percent. by adding Grand Total Columna A&B, then divide by Annual Allocation Amt. 89% Maximum Allowable Purchase Price: ,�,���N�W�„���' � zx����p.��Q a������!r� a.Ri� �•.����P�at����� i AilocationBreakdown AI7ioUnY % ProjectedProgramincome: �� �Ot�fr�QU:RQ',;MaxAmountPrograrrllncomeForAdmin: $5,000.00 f Very-Low Income $82,750.00 42.0% Projected Recaptured Funds: °`�� ��;,,,; Low hicome $85,000.00 43.2°/ Distribution: $�6; 48�,'.pp,:', � Moderate Income 0.0°/u Total Available Funds: ;$"I9� 983,�74''. TOTAL 85.2% 20-Mar 12 ......_.. __.. __ .... . ........_.... ..� �. _.____....._.__.�_,_..�. ....._.. ,____�_. __._�_ .,�....._.. _.......�._.��..,�. .__ _......._..� --�—_.._ —____. _— — FLOh�IDA HOUSING FINANCE CORPORATION °�°°.°^.°k°PP°°•a.b°°,6'�^m.^'m°^�,.^�.�^°m�.� HOUSING DELIVERY GOALS CHART#2002 NewP���: X T STRATEGIES FOR THE LOCAL HOUSING ASSIBTANCE PLAN FOR STATE FISCAL YEAR: 2014-2015 /+mandmant: Fiseal Yr. Clostout: Nama of Locai Government: CITY OF CLEARWATER Available Funds: $�ss,ss3.00 __._---- _--- _--------_ ----- ------- __ _ _-- ----- A B C D E F HOME OWNERSHIP VLI Max.SHIP LI Max.SNIP MI Max.SHIP NewConshuction RehablRepair WithoutConstruction Total Total Total ---- -- -- _ __ _ ___.__.. —___ � -- --- -- --- STRATEGIES Units Award Units Award Units Award SHIP Dollars SHIP Dollars SHIP Dollars SHIP Dollafs Percantage Units 7. DPCCqforNewCOnstructfOnHOmes 0 511,250.00 2$11,250.00 0$11,250.00 $22,500.00 � $22,500.00 11.42% 2 $�.�0 0.00% 0 2. DPCCAforexistingFlomes 1 $6,250.00 4 $6,250.00 0 $6,250.00 $25,000.00 $6,250.00 $31,250,00 15.86% 5 $0.00 0.00% 0 3.OwburOccupiedRehabilitation 5 $12,500.00 3$12,500.00 0$12,500.00 $100,000.00 $100,000.00 50.77% 8 $0.00 0.00% 0 ' 4.oi�asmrntnipation 0 $5,000.00 0 $5,000.00 0 $5,000.00 $0.00 0.00% 0 $0.00 0.00% 0 Subtolal 1(Home Ownership) 6 9 0 $22,500.00 $125,000.00 $6,250.00 $153,750.00 78.05% 15 RENTAL VLI Maz. SHIP LI Maa. SHIP MI Max. SHIP New Construction RehablRepair Without Construttion Total TOt2� Total STRATEGIES uniis Award Units Award Units Award SHIP Dollars SHIP Dollars SHIP Dollars SHIP Dollars Percentage Units M�i�;i-Fairii�yfioa�:in� 1 �14,000.00 1$1Q,000.00 0 $14,000.00 $28,535.00 $28�535.00 14,49% 2 $0.00 0.00% 0 • $0,00 0.00% 0 $0.00 0.00% 0 $0.00 0.00% 0 Subtotal2(Non-HomeOwnership) 1 1 0 $28,535.00 $0.00 $0.00 $28,535.00 14.49% 2 Administration Fees $9,698.00 4.92% Admin. From Proc�ram Income $5,000.00 2.54% Home Ownership Counseling 0.00% GRAND 70TAL AtldSUb�ola�518Y,pIusallAdmin.dHOCOUnsellnq 7 10 0 $51035.00 �$125000.00 $6250.00 $196983.00 100.00% 17 Porcentage Construction/Re CalculateConstr./RehabPercent.byaddingGrandTotalColumnsA88,thendividaby AnnualAllocationAmt. 89% Maximum Allowable Purchase Price: .,�Ne.`N �`��: ���.�T. .$15,Q�OOg ����xistt��� �i� .�......,� .'�`� �.:�d' � 1 AlioCation Bredkdown Amoullt % Projected Program Income. � :�10p,ppd:QO? MaxAmount Program Income ForAdmin: $5,000.00 � Very-LOW InCOme �U2,750.00 42.0% Projected Recaptured Funds: -` l,oW 1f1c0�1i2 $85,000.00 43.2% Distribution: ;,���� �9�6��463 Qg'�",� � Moderate income o.oi• Tocaia�a�iabie Funds: � �'��9���$3;00'; i TOTAL 85.2 /0 2o-Mar-12 Title: LHAP Template 2009 No. 001 67-37.00SQ), F.A.C. Effective Date: l l/09 Exhibit D CERTIFICATION TO FLORIDA HOUSING FINANCE CORPORATION Name of Local Government: (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 cantractually 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 far 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 tr�lst fund shall be established with a qualified depository for all SHIP fiinds as well as moneys �enerated from activities such as interest earned on loans. (11) Amounts on deposit in the local housin� assistance trust fi�nd shall be invested as permitted by law. (12) The local housin; assistance trust fi�nd 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. Pa�e 2 Title: LHAP Template 2009 No. 00 ] 67-37.005( I ), F.A.C. Effective Date: ll/09 Exhibit D Certification 13) An interlocal entity shall have its local housing assistance trust fund separately audited for each state fiscal year, and the audit forwarded to the Corporation as soon as possible. (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 Florida hus or X hus not been implemented. �note: m�am� nade co�nry w�u �ne�k "has") Witness Witness Date �. Attest: (Seal) 2 Chief Elected Official or designee Type Name and Title Titie: LHAP Template 2009 No. 001 67-37.005(1), F.A.C. Effective Date: 11/09 Exhibit F � STATE HOUSING II�IITIATIVES PARTNERSHIP (SHIP) PROGRAM INFORMATIDN SHEET LOCAL GOVERNMENT: CITY OF CLEARWATER CHIEF ELECTED OFFICIAL (Mayor, Chairman, etc.): GEORGE CRETEKOS ADDRESS: 112 S. OSCEOLA AVENUE CLEARWATER FLORIDA 33756 SHIP ADMINISTRATOR: TERRY MALCOLM-SMITH ADDRESS: 112 SOUTH OSCEOLA AVENUE CLEARWATER FLORIDA 33756 TELEPHONE:( )727-562-4036 FAX:( ) 727-562-4037 EMAIL ADDRESS: terry malcolm-smith(cr�m�learwater.co ADDITIONAL SHIP CONTACTS: MICHAEL HOLMES ADDRESS: l 12 SOUTH OSCEOLA AVENLTE CLEARWATER FLORIDA 33756 EMAIL ADDRESS: michael.holmes@myclearwater.com 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: 59-6000289 MAIL DISBURSEMENT TO: _CITY OF CLEARWATER ADDRESS: OK:1F YOUR FUNDS ARE ELECTRONICALLY TRANSFERRED PLEASE COMPLETE THE ATTACHED FORM: X NO CHANGE FROM PREVIOUS ELECTRONIC FORM SUBMITTED. Provide any additional updates the Corporation should be aware of in the space below: Please return this fonn to: Sl-IIP YIZOGRAM MANAGER, FHPC 227 N. BRONOUGII ST, STE �000 1'�LLAHASSEE, FL 32301 Fax: (850}488-98Q9 Titie: LHAP Template 2009 No. 001 67-37.005(1), F.A.C. Effective Date: ll/09 Exhibit D CERTIFICATION TO FLORIDA HOUSING FINANCE CORPORATION Name of Local Government: CITY OF CLEARWATER (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 j 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. Title: LHAP Template 2009 No. 001 67-37.005(1), F.A.C. Effective Date: 11/09 Exhibit D Page 2 Certification 13) An interlocal entity shall have its local housing assistance trust fund separately audited for each state fiscal year, and the audit forwarded to the Corporation as soon as possible. (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 Florida has or X laas not beeri 1TripleTtlerited. (note: Miami Dade County will check "has") Witness Chief Elected Official or designee Witness Date 1' Attest: (Seal) George Cretekos, Mayor Appr ved as to form: -u,��,G,.- �!1�-�-� Laura Mahony, Assistant Ci Attorney