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HomeMy WebLinkAboutExhibitSubstantial Amendment #2016.1 to NSP3 (Proposed) 1. NSP3 Grantee Information NSP3 Program Administrator Contact Information Name (Last, First) Mensah, George Email Address gmensah@miamigov.com Phone Number 305-416-1978 Mailing Address City of Miami, 444 S.W. 2"D Ave, 2nd Floor, Miami, FL 33130 2. Areas of Greatest Need Map Submission The maps supplied with this amendment were generated using ESRI and the NSP3 Mapping Tool and are included as a part of this attachment. Data Sources Used to Determine Areas of Greatest Need Describe the data sources used to determine the areas of greatest need. Response: The City of Miami's Consolidated Plan and HUD provided data, as well as the Department's listing of owned parcels were used to determine the new areas of greatest needs. Determination of Are Greatest Need Describe how the areas of greatest need were established. Response: During the economic decline, the City of Miami had experienced a deterioration in its neighborhoods due to the negative effects of a high number (percentage) of homes that had 'been foreclosed upon or abandoned. With limited funding in round 3 of NSP, the City looked at areas where we could address this decline, stabilize neighborhoods, and provide rental opportunities for the citizens who had lost their homes. As a priority of NSP3, rental housing to our citizens was of the highest importance to the City. By providing opportunities in the targeted Areas of Greatest Need (AGN), the City aimed at providing opportunities to displaced homeowners (who are now renters) to stay within their communities and continue to stabilize the population of these AGNs. The City identified areas which had the highest foreclosure rates and few vacancies. The City continues to consider utilizing its NSP3 resources to further the availability of rental units in the AGN. As market conditions improved and property values increased, homeownership opportunities have become more challenging for families of lower fixed incomes. The City utilized its NSP1 funding to acquire vacant residential lots in the NSP Areas of Greatest Needs with the intent to make available homeownership opportunities for NSP and NSP3 eligible individuals. In its original NSP3 Plan, the City had identified three Areas of Greatest Needs (AGN) which encompassed the neighborhoods of the Upper East Side, East Little Havana and the Flagler area. After accomplishments in this area were completed/reported, and in order to efficiently implement the recently acquired NSP3 program income funds, the City conducted a new analysis to better determine where to use its NSP3 program income funds, while also aiming for activities that leveraged existent investments in eligible City neighborhoods. As encouraged by HUD, the City has attempted to keep the new target areas small, so that the dollars will have a visible impact on the neighborhood in accordance with the NSP3 targeting requirements. To that end, the City is proposing the following new AGNs in this Substantial Amendment: • Central AGN (aka Allapattah area). Although this is a very small target area, it accommodates the site of one parcel purchased with NSP1 funding (under the Land Banking strategy). As such, the NSP3 program income dollars would be used to support previous affordable housing investment made by the City in that area. • South AGN (aka West Grove). This area has a dire need for affordable single-family homeownership opportunities for low -to -moderate income persons. The West Grove typically sees above average home median sales prices and assessments, when compared to the rest of the City. Vacancy rates here are also extremely low. Although the City does not presently own any lots in this area, the use of NSP3 program income here would complement other sources of federal funding available in this particular District. • Finally, the North AGN (aka Liberty City/Model City) is home to the largest group of City owned or City purchased (with NSP1 funds) scattered site parcels. As such, the NSP3 dollars would be used to support previous and current affordable housing investment made by the City in that area. It is here that the City anticipates being able to fund a multi -family building to satisfy the LMMI requirements articulated in this document. These City owned/purchased sites mentioned above are generally located in stable, longstanding neighborhoods where other single-family homes exist. Vacant parcels are eyesores in these communities and often become illegal dumping grounds. Developing scattered sites like these ensures that the neighborhoods remain stable. All of these areas also met the NSP3 threshold score of at least 17. Please see the maps and NSP3 Planning Data sheets generated by the HUD NSP3 Tool for more information about these areas. Proposed AGN Select Block Groups within the following Census Tracts Need Score Total Housing Units in AGN Other factors North 15.01, 15.02, 19.01, 19.03, 19.04, 20.03, 22.02 19.42 3805 • 15,257 residential addresses registered to the number of units noted means this area is primarily comprised of multi -family offerings and offers few new, single-family housing options. Thereby investment would further fair housing choice. • Extremely high poverty rates in these tracts spanning from 36% to 65.2%. • These tracts encompass several neighborhoods in Liberty City (aka Model City), and with the exception of Block Groups 20.03 and 22.02, all are included in the designated Target Area identified in our Consolidated Plan as Model City. Central 24.02 17 389 • The City presently owns a parcel in this area (Allapattah) which it would like to develop. South 71.01, 72.00 18.49 2430 • Extremely low vacancy rates — 5% (see NSP Planning Data Sheet) • These tracts encompass the West Grove neighborhood (Coconut Grove), one of the designated Target Areas identified in our most recent Consolidated Plan. We believe that these revised AGNs will allow us to meet our goals and utilize the program income funds that remain unencumbered in an expeditious manner. 3. Definitions and Descriptions Definitions Term Definition Blighted Structure Policy LU-1.2.1 of the City of Miami's Comprehensive Plan defines "blighted neighborhoods" as areas characterized by the prevalence of older structures with major deficiencies and deterioration, high residential vacancies, widespread abandonment of property, litter and poor maintenance of real property. In addition, slum is defined by Florida Statutes as an area which there is a predominance of buildings, residential or commercial, that are either deteriorated, dilapidated or by reason of obsolescence, is a detriment to the public health, safety, morals, or welfare. Florida Statutes define "blight" as an area determined by the local government to have the characteristics of a slum area or one or more of the following characteristics: 1. Predominance of defective or inadequate street layout. 2. Faulty lot layout in relation to size, adequacy, accessibility, or usefulness. 3. Unsanitary or unsafe conditions. 4. Deterioration of site or other improvements. 5. Inadequate and outdated building density standards. 6. Tax or special assessment delinquency exceeding the fair value of the land. 7. Inadequate transportation and parking facilities; and 8. Diversity of property ownership or defective or unusual conditions of title. The City uses a combination of the two definitions above to define a "blighted structure/' Affordable Rents The City defines "affordable rents" as rental payments that do not place unnecessary burden to households. Affordable means that monthly rents do not exceed 30% of the monthly gross income of eligible households. The City of Miami will use HUD's income and rent limits which are updated on an annual basis to ensure that housing provided through the NSP3 program is affordable. See table below: Low Income and below Income limits for 50% of AMI for the area as published by HUD on annual basis. Moderate Income Income limits for 80% of AMI for the area as published by HUD on annual basis. Middle Income Income limits for 120% of AMI for the area as published by HUD on annual basis. Descriptions Term Definition Long -Term Affordability The City will ensure that NSP-assisted properties remain affordable to households with incomes at or below 120 percent of AMI. The City will adhere to its Housing Program Policies for both Homeownership and Rental activities as approved by its City Commission. These standards set affordability periods of 30 years. The City monitors affordability of all its projects and activities on an annual basis and ensures that housing units that were assisted with federal funding remain affordable for the full affordability period. Housing Rehabilitation Standards These remain the same as originally filed. Vicinity Hiring In order to comply with vicinity hiring, the City will request that developers receiving NSP3 funds and contractors directly hired by the City to work on NSP3 projects make every effort to hire within the proposed target areas. Developers and contractors will be asked to make every effort to purchase supplies and contract with small businesses that are owned and operated by persons residing in the vicinity of the NSP3 projects. They will also be required to adhere to the City's Section 3 Plan. In the event that the City was to purchase and rehabilitate properties utilizing NSP3 funding, the City will give extra consideration to firms that are located or that hire individuals who reside in the vicinity where the projects are located. 4. Low -Income Targeting Low -Income SetAside Amount Enter the low-income set -aside percentage in the first field. The field for total funds set aside will populate based on the percentage entered in the first field and the total NSP3 grant. Identify the estimated amount of funds appropriated or otherwise made available under the NSP3 to be used to provide housing for individuals or families whose incomes do not exceed 50 percent of area median income. Response: If this Substantial Amendment #1 is approved, we are looking at the following: Total low-income set -aside percentage (must be no less than 25 percent): approximately 51% of total NSP3 grant Total funds set aside for low-income individuals in this Sub. Amendment #1 = $200,000 Originally, the City had indicated it would set aside $1,200,000 of its original grant award (amounting to 26%) for low-income individuals in order to meet the 25% minimum low-income set aside as per Title III of HERA. As of May 2016, the City has expended $3,310,766 under the low-income set -aside which amounts to 49% of the total NSP3 grant funds expended, well above the goal. However, continuing to pursue housing opportunities for low-income families remains one of Miami's top priorities. As such, the City is setting aside approximately $200,000 from the total Program Income amount of this Substantial Amendment towards the low-income set -aside and may limit the income of prospective households in order to meet this new set -aside goal. Meeting Low-income T et Provide a summary that describes the manner in which the low-income targeting goals will be met. Response: The estimated amount of funds appropriated or otherwise made available under the NSP3 program to be used to purchase and redevelop abandoned, vacant or foreclosed upon homes or residential properties for housing individuals or families whose incomes do not exceed 50 percent of the area median income is approximately $200,000 from the amount addressed in this Substantial Amendment. This goal will be met by Strategy E properties. The City will meet the Low -Income Target through the allocation of NSP3 program income funding for the development of affordable rental opportunities for the eligible income group. Low-income targeting: Strategy E: Purchase and rehabilitate or redevelop single family homes and residential multifamily properties that have been abandoned or foreclosed upon or vacant, in order to rent or redevelop such homes and properties. $200,000 For more detailed information regarding the activities/strategy listed above, please refer to the Attachment entitled: NSP3 Information by Activity. 5. Acquisition and Relocation Demolition or Conversion of Lilfil Units Does the grantee intend to demolish or convert any low- and moderate -income dwelling units (i.e., <_ 80% of area median income)? No If yes, fill in the table below. Question Number of Units The number of low- and moderate -income dwelling units—i.e., < 80% of area median income —reasonably expected to be demolished or converted as a direct result of NSP3-assisted activities. 5 The number of NSP3 affordable housing units made available to low-, moderate-, and middle -income households—i.e., <_ 120% of area median income —reasonably expected to be produced by activity and income level as provided for in DRGR, by each NSP3 activity providing such housing (including a proposed time schedule for commencement and completion). 5 The number of dwelling units reasonably expected to be made available for households whose income does not exceed 50 percent of area median income. 4 6. Public Comment Citizen Participation Plan Briefly describe how the grantee followed its citizen participation plan regarding this proposed substantial amendment or abbreviated plan. Response: Substantial Amendment#1: The City's Dept. of Community Economic Development advertised notice of the draft of the NSP 3 Sub. Amendment #1 in the newspaper of greatest general circulation on May 10, 2016, and posted a notice with additional details on its website. In the posted notice it detailed the comment period (15 days) for the Substantial Amendment which spanned from May 23, 2016 through June 6, 2016, along with noting where, and to whom, comments to the Sub. Amendment could be submitted. The ad also indicated where the public could access a copy of the Substantial Amendment draft including both on the Department's website and at the Dept.'s office at 444 SW 2nd Ave., Second Floor. Comments (in writing) should be submitted to: NSP3 Substantial Amendment #1 Comments City of Miami, Department of Community & Economic Development Attn: Alfredo Duran 444 SW 2nd Avenue, 2nd Floor Miami, Florida 33130 E-mail: aduran@miamigov.com Summary of Public Comments Received. The summary of public comments received will be included as an attachment. 7. NSP Information by Activity Enter each activity name and fill in the corresponding information. If you have fewer than seven activities, please delete any extra activity fields. (For example, if you have three activities, you should delete the tables labeled "Activity Number 4," "Activity Number 5," "Activity Number 6," and "Activity Number 7." If you are unsure how to delete a table, see the instructions above. The field labeled "Total Budget for Activity" will populate based on the figures entered in the fields above it. Consult the NSP3 Program Design Guidebook for guidance on completing the "Performance Measures" component of the activity tables below. Activity Number 3 Activity Name Strategy E: Acquisition, Redevelopment of demolished or vacant properties. Uses Select all that apply: Eligible Use A: Financing Mechanisms Eligible Use B: Acquisition and Reha bilitation/Construction Eligible Use C: Land Banking Eligible Use D: Demolition X Eligible Use E: Redevelopment CDBG Activity or Activities 24 CFR 570.202 Eligible rehabilitation and preservation activities for demolished or vacant properties. 24 CFR 570.201(A) Acquisition. National Objective Low, Moderate and Middle Income Housing (LMMH) Activity Description Purchase and Rehabilitation (New Construction) Program of Multi -Family and Scattered Single -Family Units This program allows for the City to purchase and redevelop or to provide assistance, fully or partially, to a developer for the purchase of vacant (unoccupied structures or vacant lots) of multi -family structures or single family scattered site structures and rehabilitate/redevelop them, if necessary, to meet the requirements of the South Florida Building Code and the NSP Rehabilitation Standards. This program also allows for the City to purchase and redevelop or provide assistance, fully or partially, to a developer for the purchase of vacant (non -built upon lots) land and/or to construct new multi -family structures or single-family scattered site units to meet the requirements of the South Florida Building Code and the City's NSP Green Standards. This activity will be designated as a rental or homeownership activity. All units, or a pro-rata share of them, shall be rented or sold to low-, moderate-, or middle -income families whose income does not exceed 120% of HUD's Area Median Income, adjusted for family size. Properties will be managed by the owner entity receiving NSP assistance. Substantial Amendment #1: This activity will be modified to allow for the City to purchase and/or develop, or provide assistance, fully or partially, to a developer for the purchase of vacant (non -built upon lots) land and to construct new multi -family structures or single-family scattered site units to meet the requirements of the South Florida Building Code and the City's NSP Green Standards, but to also designate this activity for homeownership (home purchase) units given the recent changes in market conditions. Specifically, the most recent U.S. Census indicated that that only 26% of the city's housing stock is comprised of one -unit detached structures with the bulk of Miami's housing units now in multi -family buildings. This is a reversal from the 2000 Census where single-family homes still comprised the majority of the City's housing stock. Miami home prices have also been trending up with the current Case-Shiller Home Price Index (Jan. 2016) at 207.92, up from 206.92 in Dec. 2015 and up from 194.74 one year ago. This is a change of 6.77% from one year ago. Zillow indicates that the median sales price for a home in Miami (as of March 2016) is $311,750 which is well beyond what low- to moderate -income families can afford. The City's First-time Homebuyer Program has also been significantly affected by the escalation in Miami home prices and the number of assisted households has dropped by more than 50% in the last four years. Even though construction has spiked in Miami, and additional housing options are now available, we have seen a significant decline in requests (general interest) in the City's available first-time homebuyer loans for low -to -moderate income persons/families (80% AMI and below) seeking to live in the City. We believe this drop in applications/requests is directly related to the City's escalating home prices and the inability of low -to - moderate income persons to find an eligible home, and afford to maintain it. As such, the City felt NSP3 monies would be well used in making additional homeownership opportunities available. As such, the DCED feels that the current local housing market supports the use of NSP3 program income funds to create new homeownership opportunities in the selected AGNs. Also, a single-family scattered site project is to be defined as one (1) single family home. All units, or a pro-rata share of them, shall be sold to low-, moderate-, or middle - income families whose income does not exceed 120% of HUD's Area Median Income, adjusted for family size. See NSP3 Information By Activity attachment for details. Location Description Substantial Amendment #1: West Grove (South), Liberty City (North), and Allapattah (Central). Source of Funding Dollar Amount Budget NSP3 Program Income (FY 16-17) $1,987,894 Total Budget for Activity $ 1,987,894 Performance Measures Eligible tenants at or below 120 percent of the Area Median Income- LMMI income tenants, occupying the rehabbed, or newly constructed property on vacant land. Projected housing units are 16. Projected Start Date January 1, 2017 Projected End Date December 31, 2017 Responsible Organization Name City of Miami or Developer Location 444 S.W. 2nd Avenue, Miami, Florida Administrator Contact Info Alfredo J. Duran, 305-416-2080 Activity Number 4 Activity Name Program Administration Uses Select all that apply: Eligible Program Administration Eligible Use A: Financing Mechanisms Eligible Use B: Acquisition and Rehabilitation Eligible Use C: Land Banking Eligible Use D: Demolition Eligible Use E: Redevelopment CDBG Activity or Activities 24 CFR 570.206 National Objective Activity Description Payment of reasonable administrative costs and carrying charges related to the planning and execution of community development activities assisted in whole or in part with funds provided under this part and where applicable. Location Description Source of Funding Dollar Amount Budget NSP3 Program Income (FY 16-17) $220,877 Total Budget for Activity $220,877 Performance Measures Successful completion of the projects. Projected Start Date January 1, 2107 Projected End Date December 31, 2017 Responsible Organization Name City of Miami Location 444 S.W. 2nd Avenue, Miami, Florida Administrator Contact Info Alfredo J. Duran, 305-416-2080 City of Miami NSP3 - Proposed Areas of Greatest Needs 4 490 3 49.02 58.01 50.01 50.02 66,01 55.02 63.01 63,02 70.01 70.02 14.02 24.03 24.04 51.03 51, 0.54.05 52.01 62.02 I54.06 64.09 53.03 63,02 54.0764.10 53.04 -- 14.01 36,01 64.01 164.02 64.03 66.03 66.04 Legend Areas of Greatest Needs North AGN - Census Tracts 15.01, 18.01, 19.01, 19.03, 19.04 ,20.03, 22.02 Central AGN - Census Tracts 50.01, 58.01, 58.02 South AGN - Census Tracts 71.01, 72.00 City of Miami NSP3 ® Proposed Areas of Greatest Needs NW 33R 2404 NW 3OTHST. NW 29TH TER 1003 NW 27TH ST 1004 2012 2013 2016 2015 NW 1ST ST Legend Areas of Greatest Needs Central AGN NW21fiTTER 30.03 NW 20TH ST NW 32ND ST b NW 31 ST ST N 28TH ST NW 27TH ST NW 26TH, ST Clty of Miami NSP3 - Proposed Areas of Greatest Needs CAMILO AVE- - ALE DOME__ u_„ ALEDO AVE SW 27TH LN j ALEDOAVE__ "' �. CAD IMA i. MAAVE SW 28TH ST .-�..-::. CADIMAAAVEVE W .._.»."._ . CADIMAAVE- ALESIOAVE g VISCAYAAVE VISCAYAAVE n .02 ci,FLUVIAAVE D i P. W N SW ...,,.._. �i�nem/F -r ,<»,ro' ..,.-.'''' »..-. ! -,!29THSt H ST fr w-ti,....,_, £I I< x < fm i o im '' m m w 5( VELAR4 AVE ."..:.:x2 1 w : `� 29�N'C SW 4OTH ST m _ � ..£ iz o PEACOCK AVE D 77DD�J €� a 0 ALTARAAVE y'{ SSAN sLORENZO AVE ORANGE ST .N F-£ 1(D rw O+ 2 xi M1 D t< r <SW m N'. Rl SW 28TH TOR CANDAAVE •€o CANDIA AVE_" i0 VILABELLAAVE ALMINAR AVE CADAGUAAVE GRECO AVE,• ..,. Qs OG� e_ BLUE RD A GRAND AV m_......:.. 202 �•M 2023" . 2025 ?0202726 »..202 SANSOVINOAVE 2013 z SW 29T a rn SHIPPINGAVP . i SAN LORE NZO AVE 00V 1003 KAVE $0E 014 4013FR0 4015 t 4012 4016 4017 Im CASTANIAAVE / O BIANCAAVE n PERUGIA AVE MILLER RD PAMONAAVE ? ENSENADAVE VITTORIOAVE ? ""' t VENTURA AVE Legend Areas of Greatest Needs South AGN SWz27TH WAY SW 27TH LN_- 8TH ST w _ SN`128�N "'�,..w.,<, w w j < S D�X�EN' , ,z z m o 'o Oi T. JACKSON AVE 0 O 7'1.04 RUTH STZ ORANGE ST -, DAY AVE LIME CT LOQUATAVE 005MOIL ,1VAL.AVE„'- = AVOCADOAVE im -o IRVINGTON AVE 1 PALMETTO AVE CRAWFORDAVE :ROYAL PALM AVE , FOINCIANAAVE_,.,,_.., , LEAFY WAY ARLERAVE HE 24.04 City of Miami NSP3 - Proposed Areas of Greatest Needs NW 70TH T NW 69TH TER NW 69TH ST NW68THTER N 8TH ST 6TH ST 5TH ST r 1TH ST_ RD ST 3 3004 8 100 1010 1+1 1013 3005 6001 NW71STTER I0 0 NW68THST_ NW 681IH TER N NW68fHST NW, 65T1 TEg z > 1W54TH„ST i liN 6317bIER 2034 , '662N[ 2N tyT 2035 +� 203 0 tt W 5009 6000 5001 5000 6002 6003 '5002 5003 6006 6004 5006 5005 5006 6007� 6009 NW 71STST, r* 69TH ST A n 6008 2000 7001 7000 * 7002 7005 -- 7006 2007 2008 2014 2015 1000 8001 z 1003 I 8002 NW 51� T TER NW 5 .T ST NW 49TH T NW 48TH ST 1 NW 44TH ST NW z 05 5007. 5010 4001 7003' 4002 7004 7007 7009 7008 8000 4006 S, 5004 5008 5009 4000 4003 2 NW 69TH ST m NW 68TH ST NW 64TH ST NW 66TH ST 4 z NW 64TH ST 01; NW RD ST 12-1 5008 N 4001 '* 4000 4002 . 4003 4006, , < 4004 '. 4006 4009 4008 4007 62ND ST ; NW61StST • 3015 1008 1007 1010 1011 11012 3 NW 55TH TER 1017 11016 4007 I N 55TH ST ( NW 54TH S 1020 11021 4010 1029 1028 1027_ 3001 NW 53RD ST ;j ! 2006 2005 004- 7y m. NW 60TH ST 3012 30 1006 1013 6 00 01 8003 3002 N 52ND ST NW 50TH ST i <n m ±— 2ND ST D z w � z - z Ste.„,Po ^ t *c, * 14W 43RD ST n z lR' N-i _...,>,.W 42NDST T.,.0 i 2 NW41SST )<1,2 NW 40TH ST 1 8R 112 95 RAMP ` SR.11:2BAnerL 2008 m a. 2009 018 1003 1015 '1024 1022 010 • 1023 1026 200 z 2 3019 00 02 U 1000 20 ci w1 'cc), z z z i4 0i. '0 m m NW 70TH.ST 1 NW 69TH ST NW 68TH TER NW 68TH ST NW 67TH ST ; N W BST 0:i Z a0 ,60T l' m -- «'SNW 59TH TER NW 59`.TH ST NN7 60TH NW 58TH ST _�.._ NW 58TH ST Iz i ,� W57THS NW57THST i ;ix4020 N S8THST 01 %Y" m {j DmC ._„..,.: 7 T 301•'S 4015 4016 4017(4018 4019 2001 :00+ - 6001 011' 2012 2013. NW 51ST ST 4W 49TH ST ,m z NW 47T. TER NVy47THST CO z D_ NW 3 TH ST 1 -^� 36THST N 34TH ST I m z NWASTH ST 1zm z NW44TH ST NW 44TH ST sue...„„,,,, zz t 1 I <z "1 NW 35TH ST NW 33RD ST NW 38TH:ST NW 37.TH ST J 02 w =z NW 35TH ST l i = NW 34TH +ST w 00 6003. 6000 * 1002 0, 6004 m 6005 • `NW 50TH ST0Je, NW 49TH Sit-1:i NW48THS' 10 NW 46TH ST 2 NW'45TH ST 1-.11003 R' 1008 1009' 2002 2007 010 301 2 8 301 1001 1004 1007 1010 2001 2003 2006 2009 2013 2012 2014 - 2016. D n 1000 ----NE 1005 1006 011 NE 70TH ST NE 69TH,STii NE 68TH TER" NE 68TH ST I NE 67TTH S , 66TH.ST ST NE 65TFH ST NE 64TN E;64TH ST ` NE%63RD ST it. � 8 a 1 NE162ND ST N 61STST ER NE 60TH ST E 59TH TES NE 59TH ST j N557THS1i z ,f NES3THST t1• NE 55TH ST NE a• 4THS' ONE 5312D ST 2NDTER 52ND SST -. 51 ST ST NIE51STST NE50THTER NE 50TH ST NE 49TH ST NE 48TH ST 1024 NE 47TH ST, -w 2064 N 46TH ST 2000 - -I 2004 2005 2010 2011 20162005 NW 44TH ST 3001 3000 NW43RDST !NW 42NDST NW 41ST ST NW 40TH ST q i NW 39THST NW 38TH ST z 1 m NW 33RD ST NW NW 42ND ST NW.34TH TER 5qp, NW 34THST ry NE 43RD ST NE 42ND ST NE 41 6T STD NE 4011H ST NE39THSTz O NE 36T1 STFj 13/ Qa ti « �t w Legend Areas of Greatest Needs North AGN Neighborhood ID: 5182220 NSP3 Planning Data Grantee Address: 444 sw 2 ave Miami Florida 33130 Grantee Email: ajorge@miamigov.com Neighborhood Name: New Central 4292016 Date:2016-04-29 00:00:00 NEW NSP Score New target neighborhoods identified by the NSP3 grantee as being the areas of greatest need must have an individual or average combined index score for the grantee's identified new target geography that is not less than the lesser of 17 or the twentieth percentile most needy score in an individual state. For example, if a state's twentieth percentile most needy census tract is 18, the requirement will be a minimum need of 17. If, however, a state's twentieth percentile most needy census tract is 15, the requirement will be a minimum need of 15, If more than one neighborhood is identified in the Action Plan, HUD will average the Neighborhood Scores, weighting the scores by the estimated number of housing units in each identified neighborhood. Neighborhood NSP3 Score: 17 State Minimum Threshold NSP3 Score: 17 Total Housing Units in Neighborhood: 389 Neighborhood Attributes (Estimates) Vacancy Estimate USPS data on addresses not receiving mail in the last 90 days or "NoStat" can be a useful measure of whether or not a target area has a serious vacancy problem. For urban neighborhoods, HUD has found that neighborhoods with a very high number vacant addresses relative to the total addresses in an area to be a very good indicator of a current for potentially serious blight problem. The USPS "NoStat" indicator can mean different things. In rural areas, it is an indicator of vacancy. However, it can also be an address that has been issued but not ever used, it can indicate units under development, and it can be a very distressed property (most of the still flood damaged properties in New Orleans are NoStat). When using this variable, users need to understand the target area identified. In addition, the housing unit counts HUD gets from the US Census indicated above are usually close to the residential address counts from the USPS below. However, if the Census and USPS counts are substantially different for your identified target area, users are advised to use the information below with caution. For example if there are many NoStats in an area for units never built, the USPS residential address count may be larger than the Census number; if the area is a rural area largely served by PO boxes it may have fewer addresses than housing units. USPS Residential Addresses in Neighborhood: 989 Residential Addresses Vacant 90 or more days (USPS, March 2010): 26 Residential Addresses NoStat (USPS, March 2010): 17 Foreclosure Data (NEVI HUD has assembled recent data on foreclosure activity and vacant foreclosed properties from the firm RealtyTrac. Recognizing that the foreclosure patterns have shifted in many communities over the past several years, HUD is providing updated foreclosure measures to ensure that remaining NSP funds and program income are targeted to the neediest communities. Data points include: 1/3 Total Housing Units ACS 2005-2009: 389 REO Transaction since third quarter 2011 (as of October 2012): 6 Currently Vacant Properties (as of October 2013) with a previous REO Sale the past 7 years: 1 Vacant Properties previous REO or Foreclosure Action: 3 Total of Pre -Foreclosures & REO since 3rd quarter 2011, and Vacant with a Previous Pre -Foreclosure or REO Transaction since 2005: 18 Combined Pre -Foreclosures & REO since 3rd quarter 2011, and Vacant with a Previous Pre -Foreclosure or REO Per 1000 Housing Units: 39 HUD is encouraging grantees to have small enough target areas for NSP 3 such that their dollars will have a visible impact on the neighborhood. Estimated number of properties needed to make an impact in identified target area (20% of currently vacant properties with a previous REO or Foreclosure action): 0.6 Supporting Data To assist grantees in planning for their target neighborhood investment, HUD is providing sales data from the firm DataQuick at the census tract level. While this data covers a large number of neighborhoods in large metropolitan areas, some areas where transaction volumes are low may not contain data. Number of Sales transactions 2002-2004: 30 Number of Distressed Sales transactions 2002-2004 (REO SLD): 0 Median Sale Price 2002-2004 (non -distressed): 135000 Median Sale Price 2002-2004 (distressed): 0 Number of Sales transactions 2004-2006: 53 Number of Distressed Sales transactions 2004-2006 (REO SLD): 0 Median Sale Price 2004-2006 (non -distressed): 146000 Median Sale Price 2004-2006 (distressed): 0 Number of Sales transactions 2006-2008: 30 Number of Distressed Sales transactions 2006-2008 (REO SLD): 2 Median Sale Price 2006-2008 (non -distressed): 159900 Median Sale Price 2006-2008 (distressed): 0 Number of Sales transactions 2008-2010: 12 Number of Distressed Sales transactions 2008.2010 (REO SLD): 6 Median Sale Price 2008.2010 (non -distressed): 49500 Median Sale Price 2008-2010 (distressed): 50 Number of Sales transactions 2010-2012: 52 Number of Distressed Sales transactions 2010-2012 (REO SLD): 5 Median Sale Price 2010-2012 (non -distressed): 200 Median Sale Price 2010-2012 (distressed): 43700 Market Analysis: HUD is providing the data above as a tool for both neighborhood targeting and to help inform the strategy development. Some things to consider: 1. Persistent Unemployment. Is this an area with persistently high unemployment? Serious consideration should be given to a rental strategy rather than a homeownership strategy. 2. Home Value Change and Vacancy. Is this an area where foreclosures are largely due to a combination of falling home values, a recent spike in unemployment, and a relatively low vacancy rate? A down payment assistance program may be an effective strategy. 2/3 3. Persistently High Vacancy. Are there a high number of substandard vacant addresses in the target area of a community with persistently high unemployment? A demolition/land bank strategy with selected acquisition rehab for rental or lease -purchase might be considered. 4. Historically low vacancy that is now rising. A targeted strategy of acquisition for homeownership and rental to retain or regain neighborhood stability might be considered. 5. Historically high cost rental market. Does this market historically have very high rents with low vacancies? A strategy of acquiring properties and developing them as long-term affordable rental might be considered. Latitude and Longitude of corner points -80.22974729552516 25.80198188380248-80.22358894362696 25.80203983905414 -80.22348165526637 25.79844655985832 -80.22964000716456 25.798272688747012 -80.22974729552516 25.80198188380248 Blocks Comprising Target Neighborhood 120860024021000, 120860024021002, 120860024021006, 120860024021008, 120860024021009, 120860024021007, 120860024021005, 120860024021001, 3/3 Neighborhood ID: 6512390 NSP3 Planning Data Grantee Address: 444 sw 2 ave Miami Florida 33130 Grantee Email: ajorge@miamigov.com Neighborhood Name: New South AGN Date:2016-04-29 00:00:00 NEW NSP Score New target neighborhoods identified by the NSP3 grantee as being the areas of greatest need must have an individual or average combined index score for the grantee's identified new target geography that is not less than the lesser of 17 or the twentieth percentile most needy score in an individual state. For example, if a state's twentieth percentile most needy census tract is 18, the requirement will be a minimum need of 17. If, however, a state's twentieth percentile most needy census tract is 15, the requirement will be a minimum need of 15. If more than one neighborhood is identified in the Action Plan, HUD will average the Neighborhood Scores, weighting the scores by the estimated number of housing units in each identified neighborhood. Neighborhood NSP3 Score: 18.49 State Minimum Threshold NSP3 Score: 17 Total Housing Units in Neighborhood: 2430 Neighborhood Attributes (Estimates) Vacancy Estimate USPS data on addresses not receiving mail in the last 90 days or "NoStat" can be a useful measure of whether or not a target area has a serious vacancy problem. For urban neighborhoods, HUD has found that neighborhoods with a very high number vacant addresses relative to the total addresses in an area to be a very good indicator of a current for potentially serious blight problem. The USPS "NoStat" indicator can mean different things. In rural areas, it is an indicator of vacancy. However, it can also be an address that has been issued but not ever used, it can indicate units under development, and it can be a very distressed property (most of the still flood damaged properties in New Orleans are NoStat). When using this variable, users need to understand the target area identified. In addition, the housing unit counts HUD gets from the US Census indicated above are usually close to the residential address counts from the USPS below. However, if the Census and USPS counts are substantially different for your identified target area, users are advised to use the information below with caution. For example if there are many NoStats in an area for units never built, the USPS residential address count may be larger than the Census number; if the area is a rural area largely served by PO boxes it may have fewer addresses than housing units. USPS Residential Addresses in Neighborhood: 17213 Residential Addresses Vacant 90 or more days (USPS, March 2010): 861 Residential Addresses NoStat (USPS, March 2010): 4430 Foreclosure Data (NEW) HUD has assembled recent data on foreclosure activity and vacant foreclosed properties from the firm RealtyTrac. Recognizing that the foreclosure patterns have shifted in many communities over the past several years, HUD is providing updated foreclosure measures to ensure that remaining NSP funds and program income are targeted to the neediest communities. Data points include: 1/3 Total Housing Units ACS 2005-2009: 2430 REO Transaction since third quarter 2011 (as of October 2012): 32 Currently Vacant Properties (as of October 2013) with a previous REO Sale the past 7 years: 15 Vacant Properties previous REO or Foreclosure Action: 69 Total of Pre -Foreclosures & REO since 3rd quarter 2011, and Vacant with a Previous Pre -Foreclosure or REO Transaction since 2005: 161 Combined Pre -Foreclosures & REO since 3rd quarter 2011, and Vacant with a Previous Pre -Foreclosure or REO Per 1000 Housing Units: 60 HUD is encouraging grantees to have small enough target areas for NSP 3 such that their dollars will have a visible impact on the neighborhood. Estimated number of properties needed to make an impact in identified target area (20% of currently vacant properties with a previous REO or Foreclosure action): 13,8 Supporting Data To assist grantees in planning for their target neighborhood investment, HUD is providing sales data from the firm DataQuick at the census tract level. While this data covers a large number of neighborhoods in large metropolitan areas, some areas where transaction volumes are low may not contain data. Number of Sales transactions 2002-2004: 1833 Number of Distressed Sales transactions 2002-2004 (REO SLD): 0 Median Sale Price 2002-2004 (non -distressed): 185290.53 Median Sale Price 2002-2004 (distressed): 0 Number of Sales transactions 2004-2006: 2133 Number of Distressed Sales transactions 2004-2006 (REO SLD): 0 Median Sale Price 2004-2006 (non -distressed): 330833.21 Median Sale Price 2004-2006 (distressed): 0 Number of Sales transactions 2006-2008: 1448 Number of Distressed Sales transactions 2006-2008 (REO SLD): 100 Median Sale Price 2006-2008 (non -distressed): 343403.07 Median Sale Price 2006-2008 (distressed): 0 Number of Sales transactions 2008-2010: 771 Number of Distressed Sales transactions 2008-2010 (REO SLD): 282 Median Sale Price 2008-2010 (non -distressed): 171418.13 Median Sale Price 2008-2010 (distressed): 3059.81 Number of Sales transactions 2010-2012: 552 Number of Distressed Sales transactions 2010-2012 (REO SLD): 99 Median Sale Price 2010-2012 (non -distressed): 210079.84 Median Sale Price 2010-2012 (distressed): 50994.51 Market Analysis: HUD is providing the data above as a tool for both neighborhood targeting and to help inform the strategy development. Some things to consider: 1. Persistent Unemployment. Is this an area with persistently high unemployment? Serious consideration should be given to a rental strategy rather than a homeownership strategy. 2. Home Value Change and Vacancy. Is this an area where foreclosures are largely due to a combination of falling home values, a recent spike in unemployment, and a relatively low vacancy rate? A down payment assistance program may be an effective strategy. 2/3 3. Persistently High Vacancy. Are there a high number of substandard vacant addresses in the target area of a community with persistently high unemployment? A demolition/land bank strategy with selected acquisition rehab for rental or lease -purchase might be considered. 4. Historically low vacancy that is now rising. A targeted strategy of acquisition for homeownership and rental to retain or regain neighborhood stability might be considered. 5. Historically high cost rental market, Does this market historically have very high rents with low vacancies? A strategy of acquiring properties and developing them as long-term affordable rental might be considered. Latitude and Longitude of corner points -80.26161670451984 25.723604775573175 -80.25792598491535 25.72368210026814 -80.25775432353839 25.72426203387778 -80.25333404308185 25.724416682362722 -80.253380536451 25.723946292399926 -80.24947524012532 25.72407194464285 -80.24951815546956 25.7249128446976 -80.2487027652387 25.724883848242964 -80.24701833797735 25.72479685883667-80.24698615146917 25.724303917665665 -80.24622440410894 25.723694987515774 -80.24499058665242 25.724999834019066 -80.24448633135762 25.725966377753824 -80.24421811045613 25.726352993048028 -80.24371385516133 25.726787933751513 -80.24509787501302 25.72802508972068 -80.24550557078328 25.727986428791496-80.24593472422566 25.73692643457105 -80.2495074266335 25.735631383571082 -80.2504193783534 25.735293121657428 -80.25221109397535 25.734123694482427-80.25459289492574 25.731978103963286 -80.255901812925 25.73118557875272 -80.25564432151441 25.72750316641087-80.2577149868739 25.72747417058787 80.25835871703748 25.72755149276681 -80.25946378715162 25,72747417058787-80.2593350411189 25.72524147098421 -80.26160955436353 25.725135150909818 -80.26161670451984 25.723604775573175 Blocks Comprising Target Neighborhood 120860072003003, 120860070023000, 120860071004000, 120860071004017, 120860071004016, 120860071004015, 120860071004014, 120860071004013, 120860071004012, 120860071004011, 120860071004010, 120860071004009, 120860071004008, 120860071004007, 120860071004006, 120860071004005, 120860071004004, 120860071004001, 120860071004003, 120860071004002, 120860071005000, 120860071005001, 120860071005003, 120860071005005, 120860071005007, 120860071005016, 120860071005015, 120860071005014, 120860071005013, 120860071005012, 120860071005011, 120860071005010, 120860071005009, 120860071005008, 120860071005020, 120860071005019,120860071005018,120860071005017,120860071005006,120860071005004, 120860071005002, 120860072001000, 120860072001008, 120860072001007, 120860072001006, 120860072001005, 120860072001004, 120860072001001, 120860072001003, 120860072001002, 120860072002000, 120860072002002, 120860072002003, 120860072002001, 120860072002004, 120860072002006, 120860072002008, 120860072002009, 120860072002007, 120860072002005, 120860072003000, 120860072003001, 120860072003002, 120860072003008, 120860072003010, 120860072003009, 120860072003007, 120860072004000, 120860072004005, 120860072004001, 120860072004006, 120860072004008, 120860072004010, 120860072004018, 120860072004020, 120860072004019, 120860072004011, 120860072004009, 120860072004007, 3/3 Neighborhood ID: 2241455 NSP3 Planning Data Grantee Address: 444 sw 2 ave Miami Florida 33130 Grantee Email: ajorge@miamigov.com Neighborhood Name: The New North Area Date2016-04-28 00:00:00 NEW NSP Score New target neighborhoods identified by the NSP3 grantee as being the areas of greatest need must have an individual or average combined index score for the grantee's identified new target geography that is not less than the lesser of 17 or the twentieth percentile most needy score in an individual state. For example, if a state's twentieth percentile most needy census tract is 18, the requirement will be a minimum need of 17. If, however, a state's twentieth percentile most needy census tract is 15, the requirement will be a minimum need of 15. If more than one neighborhood is identified in the Action Plan, HUD will average the Neighborhood Scores, weighting the scores by the estimated number of housing units in each identified neighborhood. Neighborhood NSP3 Score: 19.42 State Minimum Threshold NSP3 Score: 17 Total Housing Units in Neighborhood: 3805 Neighborhood Attributes (Estimates) Vacancy Estimate USPS data on addresses not receiving mail in the last 90 days or "NoStat" can be a useful measure of whether or not a target area has a serious vacancy problem. For urban neighborhoods, HUD has found that neighborhoods with a very high number vacant addresses relative to the total addresses in an area to be a very good indicator of a current for potentially serious blight problem. The USPS "NoStat" indicator can mean different things. In rural areas, it is an indicator of vacancy. However, it can also be an address that has been issued but not ever used, it can indicate units under development, and it can be a very distressed property (most of the still flood damaged properties in New Orleans are NoStat). When using this variable, users need to understand the target area identified. In addition, the housing unit counts HUD gets from the US Census indicated above are usually close to the residential address counts from the USPS below. However, if the Census and USPS counts are substantially different for your identified target area, users are advised to use the information below with caution. For example if there are many NoStats in an area for units never built, the USPS residential address count may be larger than the Census number; if the area is a rural area largely served by PO boxes it may have fewer addresses than housing units. USPS Residential Addresses in Neighborhood: 15257 Residential Addresses Vacant 90 or more days (USPS, March 2010): 1811 Residential Addresses NoStat (USPS, March 2010): 804 Foreclosure Data (NEW HUD has assembled recent data on foreclosure activity and vacant foreclosed properties from the firm RealtyTrac. Recognizing that the foreclosure patterns have shifted in many communities over the past several years, HUD is providing updated foreclosure measures to ensure that remaining NSP funds and program income are targeted to the neediest communities. Data points include: 1/4 Total Housing Units ACS 2005-2009: 3805 REO Transaction since third quarter 2011 (as of October 2012): 38 Currently Vacant Properties (as of October 2013) with a previous REO Sale the past 7 years: 36 Vacant Properties previous REO or Foreclosure Action: 198 Total of Pre -Foreclosures & REO since 3rd quarter 2011, and Vacant with a Previous Pre -Foreclosure or REO Transaction since 2005: 331 Combined Pre -Foreclosures & REO since 3rd quarter 2011, and Vacant with a Previous Pre -Foreclosure or REO Per 1000 Housing Units: 82 HUD is encouraging grantees to have small enough target areas for NSP 3 such that their dollars will have a visible impact on the neighborhood. Estimated number of properties needed to make an impact in identified target area (20% of currently vacant properties with a previous REO or Foreclosure action): 39.6 Supporting Data To assist grantees in planning for their target neighborhood investment, HUD is providing sales data from the firm DataQuick at the census tract level. While this data covers a large number of neighborhoods in large metropolitan areas, some areas where transaction volumes are low may not contain data. Number of Sales transactions 2002-2004: 1991 Number of Distressed Sales transactions 2002-2004 (REO SLD): 0 Median Sale Price 2002-2004 (non -distressed): 72878.23 Median Sale Price 2002-2004 (distressed): 0 Number of Sales transactions 2004-2006: 1389 Number of Distressed Sales transactions 2004-2006 (REO SLD): 12 Median Sale Price 2004-2006 (non -distressed): 160169.78 Median Sale Price 2004-2006 (distressed): 0 Number of Sales transactions 2006-2008: 692 Number of Distressed Sales transactions 2006-2008 (REO SLD): 100 Median Sale Price 2006-2008 (non -distressed): 171967.74 Median Sale Price 2006-2008 (distressed): 108.8 Number of Sales transactions 2008-2010: 538 Number of Distressed Sales transactions 2008-2010 (REO SLD): 251 Median Sale Price 2008-2010 (non -distressed): 34348.13 Median Sale Price 2008-2010 (distressed): 19356.36 Number of Sales transactions 2010-2012: 143 Number of Distressed Sales transactions 2010-2012 (REO SLD): 62 Median Sale Price 2010-2012 (non -distressed): 33476.18 Median Sale Price 2010-2012 (distressed): 11678.96 Market Analysis: HUD is providing the data above as a tool for both neighborhood targeting and to help inform the strategy development. Some things to consider: 1. Persistent Unemployment. Is this an area with persistently high unemployment? Serious consideration should be given to a rental strategy rather than a homeownership strategy. 2. Home Value Change and Vacancy. Is this an area where foreclosures are largely due to a combination of falling home values, a recent spike in unemployment, and a relatively low vacancy rate? A down payment assistance program may be an effective strategy. 2/4 3. Persistently High Vacancy. Are there a high number of substandard vacant addresses in the target area of a community with persistently high unemployment? A demolition/land bank strategy with selected acquisition rehab for rental or lease -purchase might be considered. 4. Historically low vacancy that is now rising. A targeted strategy of acquisition for homeownership and rental to retain or regain neighborhood stability might be considered. 5. Historically high cost rental market. Does this market historically have very high rents with low vacancies? A strategy of acquiring properties and developing them as long-term affordable rental might be considered. Latitude and Longitude of corner points -80.22466659836937 25.823080012027344 -80.22037506394554 25.823195901859368 -80.22067547135521 25.82833357041958 -80.21144867234398 25.828642596005768 -80.21127701096702 25.824818347597088 -80.21093368821312 25.82489560636335 - 80.21089077286888 25.822925492074848 -80.20398140244652 25.823234531778166 -80.20398140244652 25.822191519546696-80.20187855057884 25.822268780027073 -80.20174980454613 25.817633061976288 -80.19973278336693 25.817633061976288 -80.19968986802269 25.816744528625613 -80.19556999497581 25.816860424658092 -80.19604206376243 25.8253205286766 -80.1963424711721 25.82790865892131 -80.20029068284202 25.827715516826977 -80.20033359818626 25.827985915670798 -80.20217895798851 25.82783140212139-80.20213604264427 25.826865687868146 -80.20784378342796 25.82682705913414 - 80.20784378342796 25.82871985227626 -80.20848751359154 25.828642596005768 -80.2084445982473 25.829685551402967 -80.21149158768822 25.829569667923757 -80.21144867234398 25.829955945746583 -80.21256447129417 25.829917318021018 -80.21265030198265 25.833046122946435-80.21677017502952 25.8328529892352 -80.21672725968529 25.83200319716152 -80.22016048722435 25.831848688856216 -80.22007465653587 25.833355136228835 -80.22303581528831 25.83323925634248 -80.22303581528831 25.832930242757516 -80.22505283646751 25.83289161600266 -80.22466659836937 25.823080012027344 Blocks Comprising Target Neighborhood 3/4 120860015012034, 120860015012031, 120860015012030, 120860015012057, 120860015012056, 120860015012055, 120860015012054, 120860015012053, 120860015012038, 120860015012037, 120860015012036, 120860015012035, 120860015013005, 120860015013004, 120860015021078, 120860019013016, 120860019013015, 120860019013014, 120860019013012, 120860019013018, 120860019013017, 120860019014000, 120860019014001, 120860019014002, 120860019014004, 120860019014006, 120860019014008, 120860019014009, 120860019014007, 120860019014005, 120860019014003, 120860019015008, 120860019015009, 120860019035009, 120860019035008, 120860019035007, 120860019035002, 120860019035003, 120860019035005, 120860019036002, 120860019036004, 120860019036006, 120860019036007, 120860019036005, 120860019036003, 120860019037004, 120860019037006, 120860019037008, 120860019037005, 120860019037003, 120860019037001, 120860019041006, 120860019041027, 120860019041026, 120860019041014, 120860019041013, 120860019041024, 120860019041005, 120860019041003, 120860019041004, 120860019042012, 120860019042011, 120860019042010, 120860019042002, 120860019042003, 120860019048000, 120860019048003, 120860020033017, 120860020033016, 120860020033018, 120860020034014, 120860020034020, 120860020034017, 120860020034016, 120860020034015, 120860022021002, 120860022021004, 120860022021006, 120860022021011, 120860022021009, 120860022021007, 120860022022000, 120860022022004, 120860022022006, 120860022022015, 120860022022013, 120860022022012, 120860022022009, 120860022022007, 120860022022005, 120860022022002, 120860022026000, 120860022026005, 120860022026002,120860022026003, 120860019035000,120860019035010, 120860019035006,120860019035001, 120860019035004,120860019036000, 120860019036008,120860019036009, 120860019036001,120860019037000, 120860019037009,120860019037007, 120860019037002,120860019041000, 120860019041025,120860019041015, 120860019041023,120860019041022, 120860019042000,120860019042013, 120860019042004,120860019042001, 120860019048001,120860019048002, 120860020033015,120860020033019, 120860020034019,120860020034018, 120860022021000,120860022021001, 120860022021008,120860022021010, 120860022021005,120860022021003, 120860022022008,120860022022016, 120860022022011,120860022022010, 120860022022003,120860022022001, 120860022026004,120860022026001, 4/4