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HomeMy WebLinkAboutPre-Legislationf�!i _:. '� City 01 Miami City Hall Z.�t 3560 Pan American Dive Legislation Miami, FL 33133 www.miamigov.com Resolution: R-16-0160 File Number: 16-00335 Final Action Date: 4/14/2016 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING THE CITY OF MIAMI ("CITY") LOCAL HOUSING ASSISTANCE PIAN ("LHAP"), ATTACHED AND INCORPORATED, FOR THE PERIOD FROM JULY 1, 2016 THROUGH JUNE 30, 2019, FOR THE CONTINUED PARTICIPATION OF THE CITY IN THE FLORIDA STATE HOUSING INITIATIVES PARTNERSHIP ("SHIP") PROGRAM; AUTHORIZING THE CITY MANAGER TO SUBMIT THE PLAN FOR REVIEWAND APPROVAL BY THE FLORIDA HOUSING FINANCE CORPORATION; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS, 1N A FORM ACCEPTABLE TO THE CITY ATTORNEY, TO IMPLEMENT THE TERMS AND CONDITIONS OF THE LHAP AND THE SHIP PROGRAM. WHEREAS, in July 1992, the State of Florida enacted the William E. Sadowski Affordable Housing Act ("Sadowski Act"), which provides for the allocation of a portion of new and existing documentary stamp taxes on deeds of real estate transactions to local governments, for the development and maintenance of affordable housing; and WHEREAS, the Sadowski Act provided a dedicated revenue source for affordable housing and created the State Housing Initiative Partnership ("SHIP") Program; and WHEREAS, pursuant to Section 420-9072(2)(a), Florida Statutes, a county, or eligible municipality, must submit to the Florida Housing Finance Corporation its Local Housing Assistance Plan ("LHAP"), describing the local housing assistance strategies to be eligible to receive funds under the program; and WHEREAS, the City of Miami's ("City") current LHAP will expire on June 30, 2016 and a new ore is required for the continued participation in the SHIP program; and WHEREAS, the City Administration recommends approving the City's LHAP, attached and incorporated, for the period of July 1, 2016 through June 30, 2019; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The City's Local Housing Assistance Plan ("LHAP"), attached and incorporated, for the period of July 1, 2016 through June 30, 2018, for the continued participation of the City in the Florida SHIP Program, is approved. Section 3. The City Manager is authorized {1) to submit the plan to the Florida Housing Finance Corporation for review and approval, and to execute all necessary documents, in a form acceptable to City ofilfland page I of 2 File Irl. 16-00335 (Version: 1) ,printers Ora: 4/29/2016 File Number. 96-00335 Frrae:7nelrl Nunther.- R-16-0160 the City Attorney, to implement the terms and conditions of the LHAP and the SHIP Program. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. {2} Footnotes: {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. f2} if the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City ofAfiatni Page 2 oft File 1& 16.00335 (Piersion: 1) Prinled Ott: 412912016 ATTACHMENT 1 CITY OF MIAMI SHIP LOCAL HOUSING ASSISTANCE PLAN (LHAP) 2016-20179 2017-2018 and 2018-2019 - 1 - Table of Contents Description Page # Section I, Program Details 3 Section II, Housing Strategies A. Emergency Home Repair Assistance Program 8 B. Single Family Rehabilitation Assistance Program 11 C. Single Family Replacement Home Program 14 D. Home Buyer Financing Program 17 E. Disaster Relief Program 20 F. Homeownership Development Program 23 G. Rental Housing Development Program 25 Section III, Incentive Strategies A. Expedited Permitting 28 B. Ongoing Review Process 29 C. Other Incentive Strategies Adopted 29 Exhibits A. Administrative Budget for each fiscal year covered in the Plan B. Timeline for Estimated. Encumbrance and Expenditure C. Housing Delivery Goals Chart (HDGC) For Each Fiscal Year Covered in the plan D. Signed LHAP Certification E. Signed, dated, witnessed or attested adopting resolution F. Ordinance: (If changed from the original creating ordinance) G. Interlocal Agreement H. Expediting Permitting Policy - 2 - I. Program Details: A. Name of the participating local government: City of Miami Is there an Interlocal Agreement: Yes No _X If "Yes", name local government(s) in the Interlocal Agreement: B. Purpose of the program: 1. To meet the housing needs of the very low, low and moderate income households; 2. To expand production of and preserve affordable housing; and 3. To further the housing element of the local government comprehensive plan specific to affordable housing. C. Fiscal years covered by the Plan: 2016-2017, 2017-2018 and 2018-2019 D. Governance: The SHIP Program is established in accordance with Section 420.907-9079, Florida Statutes and Chapter 67-37, Florida Administrative Code. Cities and Counties must be in compliance with these applicable statutes, rules and any additional requirements as established through the Legislative process. E. Local Housing Partnership: The SHIP Program encourages building active partnerships between government, lenders, builders and developers, real estate professionals, advocates for low- income persons and community groups. Such partnerships include the following community housing development organizations and community development corporations. • Allapattah Business Development Authority, Inc. • East Little Havana Community Development Corporation • Habitat for Humanity of Greater Miami, Inc. • Little Haiti Housing Association, Inc. • Neighborhood Housing Services - 3 - F. Leveraging: The Plan is intended to increase the availability of affordable residential units by combining local resources and cost saving measures into a local housing partnership and using public and private funds to reduce the cost of housing. SHIP funds may be leveraged with or used to supplement other Florida Housing Finance Corporation programs and to provide local inatch to obtain federal housing grants or programs. G. Public Input: Public input was solicited through face to face meetings with housing providers, social service providers and local lenders and neighborhood associations. Public input was solicited through the local newspaper in the advertising of the Local Housing Assistance Plan and the Notice of Funding Availability. H. Advertising and Outreach: SHIP funding availability shall be advertised in a newspaper of general circulation and periodicals serving ethnic and diverse neighborhoods, at least 30 days before the beginning of the application period. If no funding is available due to a waiting list, no notice of funding availability is required. I. Waiting List/Priorities: A waiting list will be established when there are eligible applicants for strategies that no longer have funding available. Those households on the waiting list will be notified of their status. Applicants will be maintained in an order that is consistent with the time applications were submitted as well as any established funding priorities as described in this plan. Priorities for funding described/listed here apply to all strategies unless otherwise stated in the strategy: Priorty will be given to eligible "Persons Who Have Special Housing Needs" and elderly (62 years or older) households and homeowners. J. Discrimination: In accordance with the provisions of ss.760.20-760,37, it is unlawful to discriminate on the basis of race, color, religion, sex, national origin, age, handicap, or marital status in the award application process for eligible housing. K. Support Services and Counseling: Support services are available from various sources. Available support services may include but are not limited to: Homeownership Counseling (Pre and Post), Credit Counseling, Tenant Counseling, Foreclosure Counseling and Transportation. L. 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 - 4 - 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: _X_, U.S. Treasury Department Local HFA Numbers M. Income Limits, Rent Limits and Affordability: The Income and Rent Limits used in the SHIP Program are updated annually by the Department of Housing and Urban Development and posted at www.fioridahou.sing.or. g. 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 limit an individual household's ability to devote more than 30% of its income for housing, and housing for which a household devotes more than 30% of its income shall be deemed Affordable if the first institutional mortgage lender is satisfied that the household can afford mortgage payments in excess of the 30% benchmark and in the case of rental housing does not exceed those rental limits adjusted for bedroom size. N. Welfare Transition Program: Should an eligible sponsor be used, a qualification system and selection criteria for applications for Awards to eligible sponsors shall be developed, 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. O. Monitoring and First Right of Refusal: In the case of rental housing, the staff and any entity that has administrative authority for implementing the local housing assistance plan assisting rental developments shall annually monitor and determine tenant eligibility or, to the extent another governmental entity provides the same monitoring and determination, a municipality, county or local housing financing authority may rely on such monitoring and determination of tenant eligibility. However, any loan or grant in the original amount of $3,000 or less shall not be subject to these annual monitoring and determination of tenant eligibility requirements. Tenant eligibility will be monitored annually for no less than 15 years or the term of assistance whichever is longer unless as specified above. 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 - 5 - to eligible nonprofit organizations for purchase at the current market value for continued occupancy by eligible persons. P. Administrative Budget: A line -item budget of proposed Administrative Expenditures is attached as Exhibit A. _City of Miami_ finds that the moneys deposited in the local housing assistance trust fund shall be used to administer and implement the local 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 percent 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 applicable local jurisdiction has adopted the above findings in the resolution attached as Exhibit E. Q, Program Administration: Administration of the local housing assistance plan will be wholly performed and maintained by the City of Miami Department of Community and Economic Development Or A third party entity or consultant will be contracted for all of part of the administrative of the program. The name of the entity is: ®N/A_. The administrative duties they will provide are: N/A R. Project Delivery Costs: N/A S. Essential Service Personnel Definition: In accordance with Chapter 67-37.002(8), F.A.C. and Chapter 67-37.005(8), F.A.C. and section 420.9075(3)(a), Fla.Stat., the City of Miami defines Essential Service Personnel as follows: - 6 - Essential Services Personnel means any person in need of affordable housing, who is classified as a permanent employee of a company or organization located within the City of Miami in the following areas: i. Educational services ii. Health Care industry iii. Law Enforcement iv. Fire Safety and Emergency Services V. Criminal Justice System vi. City Government T. Describe efforts to incorporate Green Building and Energy Saving products and processes: In accordance with Section 420.9075(3)(4), Fla.Stat., the City of Miami is committed to malting the City's housing stock more energy efficient, as a result the City of Miami will require the use of the following features when economically feasible in the rehabilitating or constructing of homes: i. Water -Conserving Appliances and Fixtures (toilets, shower heads, faucets) ii. Energy Star Appliances (refrigerator and stove) iii. Efficient Lighting Interior / Exterior iv. Upgrading of Insulation (attics, walls and new roofing materials) V. Tank Less Water Heaters vi. Water —Permeable Walkways vii. Air Conditioning Units with a higher Seer Rating viii. Construction Waste Management ix. Impact Resistant Windows - 7 - Section II. LHAP Strategies: A. Emergency Home Repair Assistance Program Code 6 a. Summary of Strategy: The Emergency Home Repair Assistance Program will provide emergency repair assistance to very low, low and moderate income owner -occupied single family homes located within the corporate limits of the City of Miami. The City will provide deferred payment loan assistance to an eligible homeowner to carry out limited repairs such as roofing, electrical and plumbing to immediately rectify life hazardous and potentially hazardous conditions that threaten the safety and health of the occupants of the home. b. Fiscal Years Covered: 2016-2017, 2017-2018 and 2018-2019 C. Income Categories to be served: Very -low, low and moderate income d. Maximum award: $20,000 Terms: 1. Loan/deferred loan/grant: Funds will be awarded as a deferred payment loan secured by a recorded subordinate mortgage and note. 2, Interest Rate: 3% 3, Term: 10 years 4. Forgiveness/Repayment: The loan will be forgiven at the end of the ten (10) years. 5. Default/Recapture: The loan will be determined to be in default if any of the following occurs during the Loan term: sale, transfer, or conveyance of property; conversion to a rental property; loss of homestead exemption status; or failure to occupy the home as primary residence. If any of these occur, the full loan amount will be due and payable. In the event of death of all eligible homeowner(s), the heirs to the property can assume the obligation based on the original terms and conditions provided to the homeowner as long as the heirs qualify based on income and household size, remain owner occupants of the property and do not sell or rent the property for the remaining term of the mortgage and note. An heir or prospective purchaser who does not - 8 - qualify based on the provisions of this strategy will be required to repay the full loan amount provided by the City of Miami. If the home is foreclosed on by a superior mortgage holder, the City will make an effort to recapture funds through the legal process if it is determined that adequate funds may be available to justify pursuing a repayment. Recipient Selection Criteria: All recipients of assistance must meet the eligibility requirements as stipulated in the Florida Statutes, Florida Administrative Code, the SHIP Resolution and this Plan. Eligible housing includes single family homes, owner -occupied town houses or twin homes and condominium units. Duplexes and properties with more than one unit, except condominiums or town homes are not eligible for assistance. In addition, as per the SHIP regulations, mobile homes are not eligible for assistance under this program. The properties to be assisted must be owner -occupied and located within the corporate limits of the City of Miami. Applications will be processed on a first -come -first qualified basis from all applicants meeting the selection criteria, subject to funding availability and in such a manner as to comply with the statutory requirements. Applicants with household income above (120%) of the median area income limit are ineligible for SHIP assistance under this strategy. Staff will review actual performance data on a continuous basis to ensure that adjustments are made as necessary to remain in compliance with funding requirements. Other selection criteria will include the following: • The property shall consist of one (1) owner -occupied residential unit. • Preference will be given to eligible "Persons Who Have Special Housing Needs" and elderly (62 years or older) households and homeowners. • Persons Who Have Special Housing Needs is defined as individuals who have incomes not exceeding moderate -income and because of particular social, economic, or health related circumstances, have a greater difficulty acquiring or maintaining affordable housing as stipulated in Chapter 67-37.002 (21), F.A.C. - 9 - The appraised value of the home may not exceed the maximum sales price (value) allowed under the SHIP Program. The property must require needed repairs such as roofing, electrical and plumbing to meet the decent, safe and sanitary standard to immediately rectify hazardous and potentially hazardous conditions. The applicant may not be delinquent on any debt owed to the City of Miami or Miami -Dade County or any mortgagee associated with the property. g. Sponsor/Developer Selection Criteria: The City of Miami intends to administer this program. However, if the need for a sponsor should arise, the City of Miami will use a Request for Proposals process in accordance with Chapter 67-37.005(6)(b)7, F.A.C., to select an eligible sponsor. Eligible persons, sponsors or other recipients of assistance under this program will be required to contractually commit and comply with all SHIP Program requirements. Request for proposals will be accepted from both for-profit and not-for-profit corporations. Proposals received will be reviewed based upon a selection criterion which include, but are not limited to, the following: • The not-for-profit corporation must have received a tax exempt ruling from the Internal Revenue Service (IRS) under Section 501c(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-profit or for-profit corporation must have financial accountability standards that permit the Department of Community Development to account for and audit SHIP funds; • Sponsors that employed personnel from the Welfare Transition Program will be given preference in the selection process;. • The organizational capacity and experience of the not-for-profit or for- profit corporation in administering home renovation and/or homebuyers financing programs; • The soundness of the proposal; • The cost per family to administer the program; and —10— All sponsors must be in good standing with the City. h. Additional Information: N/A B. Single Family Rehabilitation Assistance Program Code 3 a. Summary of Strategy: The Single Family Rehabilitation Program will provide rehabilitation assistance to very low, low and moderate income residents who live in single family owner -occupied properties located within the corporate limits of the City of Miami. The City will provide deferred payment loan assistance to an eligible homeowner to complete needed repairs such as roofing, plumbing and electrical work to meet the decent, safe and sanitary standard conditions after rehabilitation. b. Fiscal Years Covered: 2016-2017, 2017-2018 and 2018-2019 C. Income Categories to be served: Very -low, low and moderate income d. Maximum award: $50,000 e. Terms: 1. Loan/deferred loan/grant: Funds will be awarded as a deferred payment loan secured by a recorded subordinate mortgage and note. 2. Interest Rate: 3% 3. Term: 10 years 4. Forgiveness/Repayment: The loan will be forgiven at the end of the ten (10) years. 5. Default/Recapture: The loan will be determined to be in default if any of the following occurs during the Loan term: sale, transfer, or conveyance of property; conversion to a rental property; loss of homestead exemption status; or failure to occupy the home as primary residence. If any of these occur, the full loan amount will be due and payable. In the event of death of all eligible homeowner(s), the heirs to the property can assume the obligation based on the original terms and conditions provided to the homeowner as long as the heirs qualify f. based on income and household size, remain owner occupants of the property and do not sell or rent the property for the remaining term of the mortgage and note. An heir or prospective purchaser who does not qualify based on the provisions of this strategy will be required to repay the full loan amount provided by the City of Miami. If the home is foreclosed on by a superior mortgage holder, the City will make an effort to recapture funds through the legal process if it is determined that adequate funds may be available to justify pursuing a repayment. Recipient Selection Criteria; All recipients of assistance must meet the eligibility requirements as stipulated in the Florida Statutes, Florida Administrative Code, the SHIP Resolution and this Plan, Eligible housing includes single family homes, owner -occupied town houses or twin homes and condominium units. Duplexes and properties with more than one unit, except condominiums or town homes are not eligible for assistance. In addition, as per the SHIP regulations, mobile homes are not eligible for assistance under this program. The properties to be assisted must be owner -occupied and located within the corporate limits of the City of Miami. Applications will be processed on a first -come -first qualified basis from all applicants meeting the selection criteria, subject to funding availability and in such a manner as to comply with the statutory requirements. Applicants with household income above (120%) of the median area income limit are ineligible for SHIP assistance under this strategy. Staff will review actual performance data on a continuous basis to ensure that adjustments are made as necessary to remain in compliance with funding requirements. Other selection criteria will include the following: The property shall consist of one (1) owner -occupied residential unit. Preference will be given to eligible "Persons Who Have Special Housing Needs" and elderly (62 years or older) households and homeowners. Persons Who Have Special Housing Needs is defined as individuals who have incomes not exceeding moderate -income and because of particular social, economic, or health related circumstances, have a - 12 - greater difficulty acquiring or maintaining affordable housing as stipulated in Chapter 67-37.002 (21), F.A.C, • The appraised value of the home may not exceed the maximum sales price (value) allowed under the SHIP Program. The property must require needed repairs such as roofing, electrical and plumbing to meet the decent, safe and sanitary standard to immediately rectify hazardous and potentially hazardous conditions. The applicant may not be delinquent on any debt owed to the City of Miami or Miami -Dade County or any mortgagee associated with the property. g. Sponsor/Developer Selection Criteria: The City of Miami intends to administer this program. However, if the need for a sponsor should arise, the City of Miami will use a Request for Proposals process in accordance with Chapter 67-37.005(6)(b)7, F.A.C., to select an eligible sponsor. Eligible persons, sponsors or other recipients of assistance under this program will be required to contractually commit and comply with all SHIP Program requirements. Request for proposals will be accepted from both for-profit and. not-for-profit corporations. Proposals received will be reviewed based upon a selection criterion which include, but are not limited to, the following: • The not-for-profit corporation must have received a tax exempt ruling from the Internal Revenue Service (IRS) under Section 501c(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-profit or for-profit corporation must have financial accountability standards that permit the Department of Community Development to account for and audit SHIP funds; • Sponsors that employed personnel from the Welfare Transition Program will be given preference in the selection process; • The organizational capacity and experience of the not-for-profit or for- profit corporation in administering home renovation and/or homebuyers financing programs; - 13 - • The soundness of the proposal; • The cost per family to administer the program; and • All sponsors must be in good standing with the City. h. Additional Information: N/A C. Single Family Replacement Home Program Code 4 a. Summary of Strategy: The Single Family Replacement Housing Program is designed to address substandard and dilapidated housing units that the cost of repairs or poor housing conditions cannot be addressed through the SHIP and/or HOME assisted Single Family Rehabilitation Programs. Under this strategy, only single family residential properties which' are beyond repair and unsafe for human habitation will be provided assistance. The Single Family Housing Inspection Unit will determine the economic feasibility (cost) of the rehabilitation and soundness of the structure, in consultation with the City of Miami Building Department to determine if a replacement home is necessary. The SHIP funds will be used to defray the cost of temporary relocation expenses, demolition of the dilapidated structure, soft and hard construction costs associated with the reconstruction of the new home. This strategy will be used primarily to assist existing owners of single family homes where the most appropriate solution to their housing problem would be to demolish the existing structure and replace it with a newly constructed housing unit on the existing lot. b. Fiscal Years Covered: 2016-2017, 2017-2018 and 2018-2019 c. Income Categories to be served: Very -low, low and moderate income d. Maximum award: $150,000 e. Terms: 1. Loan/deferred loan/grant: Funds will be awarded as a deferred forgivable loan secured by a recorded first mortgage and note. 2. Interest Rate: 3 - 14 - 3. Term: 30 years 4. Forgiveness/Repayment: The loan will be forgiven at the end of the thirty (30) years. 5. Default/Recapture: The loan will be determined to be in default if any of the following occurs during the Loan term: sale, transfer, or conveyance of property; conversion to a rental property; loss of homestead exemption status; or failure to occupy the home as primary residence. If any of these occur, the full loan amount will be due and payable. In the event of death of all eligible homeowner(s), the heirs to the property can assume the obligation based on the original terms and conditions provided to the homeowner as long as the heirs qualify based on income and household size, remain owner occupants of the property and do not sell or rent the property for the remaining term of the mortgage and note. An heir or prospective purchaser who does not qualify based on the provisions of this strategy will be required to repay the full loan amount provided by the City of Miami. f. Recipient Selection Criteria: All recipients of financial assistance must meet the eligibility requirements as provided in the Florida Statutes, Florida Administrative Code, the SHIP Program Ordinance, Resolution, the Plan and this Strategy. Eligible housing includes single family owner -occupied homes that have been determined by the housing inspector, in consultation with the Department of Building, to be beyond repair, unsafe for human habilitation and suitable for demolition. Mobile homes will .not be a type of. replacement home offered under this strategy. The properties to be assisted must be the primary residence of the owner and the property must be located within the corporate limits of the City of Miami. Applicants will be selected from an existing waiting list, on a first come first qualified basis, subject to funding availability and in such a manner as to comply with the statutory requirements: Applicants with household income above one hundred and twenty percent (120%) of the median area income limit are ineligible for SHIP assistance under this strategy. • The applicant may not be delinquent on any debt owed to the City of Miami or Miami -Dade County or any mortgagee associated with the property. - 15 - • The amount of the financial assistance provided will be the full cost of demolition, temporary relocation and reconstruction of the property, to include hard and soft costs, not to exceed $150,000. The following costs associated with this strategy are eligible: 1. Hard costs, which are typical and customarily viewed as construction cost(s) by institutional lenders; 2. Payment of impact fees; 3. Infrastructure fees typically paid by the developer; 4. Construction soft cost such as architectural and engineering fees, appraisals, if directly related to housing construction; and 5. Temporary relocation cost associated with the reconstruction of the home. g. Sponsor/Developer Selection Criteria: The City of Miami intends to administer this program. However, if the need for a sponsor should arise, the City of Miami will use a Request for Proposals process in accordance with Chapter 67=37.005(6) b7, F.A.C., to select an eligible sponsor. Eligible persons, sponsors or other recipients of assistance under this program will be required to contractually commit and comply with all SHIP Program requirements. Request for proposals will be accepted from both for-profit and not-for-profit corporations. Proposals received will be reviewed based upon a selection criterion which include, but not be limited to, the following: The not-for-profit corporation must have received a tax exempt ruling from the Internal Revenue Service (IRS) under Section 501c(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-profit or for-profit corporation must have financial accountability standards that permit the Department of Community Development to account for and audit SHIP funds; • Sponsors that employed personnel from the Welfare Transition Program will be given preference in the selection process; - 16 - • The organizational capacity and experience of the not-for-profit or for- profit corporation in administering home renovation and/or homebuyers financing programs; • The soundness of the proposal; • The cost per family to administer the program; and • All sponsors must be in good standing with the City. h. Additional Information: N/A D. _ Home Buyer Financing Program Code 2 a. Summary of Strategy: The City of Miami through the Homebuyers Financing Program will provide down payment, closing cost and/or mortgage financing assistance to eligible persons and households who are first time homebuyers to purchase a newly constructed or existing residential property within the City of Miami. The strategy will be available to assist very low, low and moderate income residents to purchase a single family home, town home or condominium. b. Fiscal Years Covered: 2016-2017, 2017-2018 and 2018-2019 Income Categories to be served: Very -low, low and moderate income d. Maximum award: Residents meeting the selection criteria will be awarded a maximum amount based on the number of bedrooms as shown in the chart below. However, the amount cannot be more than $86,020 or the amount necessary to meet the first lenders credit criteria, whichever is lower. Number of bedrooms 1 0 1 1 1 2 13 Maximum Subsidy $48,328 1 $55,722 1 $67,202 1$86,020 Terms: 1. Loan/deferred loan/grant: Funds will be awarded as a deferred payment loan secured by a recorded subordinate mortgage and note. 2. Interest Rate: 0% 3. Term: 30 years 4. Forgiveness/Repayment: The loan will be forgiven at the end of the thirty (30) years. There are no monthly payment requirements associated with this loan. There is no amortization of this loan. 5. Default/Recapture: The loan will be determined to be in default if any of the following occurs during the Loan term: sale, transfer, or conveyance of property; conversion to a rental property; loss of homestead exemption status; or failure to occupy the home as primary residence. If any of these occur, the full loan amount will be due and payable.. In the case of sale or transfer of the property, the borrower will be required to repay the original amount given as assistance and the City will share in the gain realized by the borrower according to the following schedule: a. 0 to 3 years — 100% of the City's pro rata share of the gain generated. b. 3 — 20 years — On the 3'd year, City receives 85% of the City's pro rata share of the gain generated and borrower receives 15%. Thereafter, the borrower receives additional 5% of the City's prorated share per year reducing the City's share by the same percentage. c. Year 20 and above: The borrower receives 100% of the gain, The above gain sharing proposal will terminate in foreclosure; however, the City will require lenders to provide a right of first refusal to purchase the loan at a negotiated price. In the case of a foreclosure, the City will recapture any amount of net proceeds from the sale of the property available. f. Recipient Selection Criteria: Applications will be processed from an existing waiting list or through applications received from advertisements on a first-come, first ready, first qualified basis from all applicants meeting the selection criteria, subject to funding availability and in such a manner as to comply with the statutory requirements. Other selection criteria will include the following: The property shall consist of one (1) owner -occupied residential unit. - 18 - • The property must be located in the City of Miami. The appraised value of the home may not exceed the maximum purchase price limits (value) allowed under the SHIP Program for new and existing homes. • The property must meet safe and sanitary standard conditions at closing or funds must be held in escrow to bring it to safe and sanitary standards after closing. • The applicant may not be delinquent on any debt owed to the City of Miami or Miami -Dade County. • Applicants purchasing Mobile homes are not eligible for funding under this strategy. • Manufactured housing constructed after June 1994 is considered eligible housing, so long as no more than 20% of the SHIP distribution is devoted to this type of housing, as referenced in Section 420.9075(5)(c), F.S. g. Sponsor/Developer Selection Criteria: The City of Miami intends to administer this program. However, if the need for a sponsor should arise, the City of Miami will use a Request for Proposals process in accordance with Chapter 67-37.005(6) b (7), F.A.C., to select an eligible sponsor. Eligible persons, sponsors or other recipients of assistance under this program will be required to contractually commit and comply with all SHIP Program requirements. Request for Proposals will be accepted from both for-profit and not-for-profit corporations. Proposals received will be reviewed based upon a selection criterion which include, but are not limited to, the following: The not-for-profit corporation must have received a tax exempt ruling from the Internal Revenue Service (IRS) under Section 501c(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-profit or for-profit corporation must have financial accountability standards that permit the Department of Community Development to account for and audit SHIP funds; - 19 - • Sponsors that employed personnel from the Welfare Transition Program will be given preference in the selection process; • The organizational capacity and experience of the not-for-profit or for- profit corporation in administering home renovation and/or homebuyers financing programs; • The soundness of the proposal; • The cost per family to administer the program; and • All sponsors must be in good standing with the City. h. Additional Information: N/A K Disaster Relief Code 5 a. Summary of Strategy: The disaster relief program offers deferred payment loan assistance to very low, low and moderate income households whose homes need repair to correct life threatening, health and safety defects after a disaster or to make immediate repairs to prevent or correct exposure of the property to the environment, This strategy will only be implemented when a disaster is declared by an Executive Order by the President or Governor. b. Fiscal Years Covered: 2016-2017, 2017-2018 and 2018-2019 C. Income Categories to be served: Very -low, low and moderate income d. Maximum award: $15,000 e. Terms: 1. Loan/deferred loan/grant: Funds will be awarded as a deferred payment loan secured by a recorded subordinate mortgage and note, 2. Interest Rate: 3% 3. Term: 10 years 4. Forgiveness/Repayment: The loan will be forgiven at the end of the ten (10) years. 5. Default/Recapture: - 20 - a The loan will be determined to be in default if any of the following occurs during the Loan term: sale, transfer, or conveyance of property; conversion to a rental property; loss of homestead exemption status; or failure to occupy the home as primary residence. If any of these occur, the full loan amount will be due and payable. In the event of death of all eligible homeowner(s), the heirs to the property can assume the obligation based on the original terms and conditions provided to the homeowner as long as the heirs qualify based on income and household size, remain owner occupants of the property and do not sell or rent the property for the remaining term of the mortgage and note. An heir or prospective purchaser who does not qualify based on the provisions of this strategy will be required to repay the full loan amount provided by the City of Miami. If the home is foreclosed on by a superior mortgage holder, the City will make an effort to recapture funds through the legal process if it is determined that adequate funds may be available to justify pursuing a repayment. f. Recipient Selection Criteria: All recipients of assistance must meet the eligibility requirements as stipulated in the Florida Statutes, Florida Administrative Code, the SHIP Resolution and this Plan. Eligible housing includes single family homes, owner -occupied town houses or twin homes, condominium units and manufactured homes constructed after June 1994. Duplexes and properties with more than one unit, except condominiums or town homes are not eligible for assistance. In addition, as per the SHIP regulations, mobile homes are not eligible for assistance under this program. The properties to be assisted must be owner - occupied and located within the corporate limits of the City of Miami. Applications will be processed on a first -come -first qualified basis from all applicants meeting the selection criteria, subject to funding availability and in such a manner as to comply with the statutory requirements. ® Applicants with household income above (120%) of the median area income limit are ineligible for SHIP assistance under this strategy. Staff will review actual performance data on a continuous basis to ensure that adjustments are made as necessary to remain in compliance with funding requirements. Other selection criteria will include the following: The property shall consist of one (1) owner -occupied residential unit. - 21 - Preference will be given to eligible "Persons Who Have Special Housing Needs" and elderly (62 years or older) households and homeowners. The appraised value of the home may not exceed the maximum sales price (value) allowed under the SHIP Program. • The property must require needed repairs such as roofing, electrical and plumbing to meet the decent, safe and sanitary standard to immediately rectify hazardous and potentially hazardous conditions. A The maximum amount of financial assistance to be provided may not exceed the lesser of (t) the actual cost of rehabilitation or (2) $15,000. • The applicant may not be delinquent on any debt owed to the City of Miami or Miami -Dade County. g. Sponsor/Developer Selection Criteria: The City of Miami intends to administer this program. However, if the need for a sponsor should arise, the City of Miami will use a Request for Proposals process in accordance with Chapter 67-37.005(6)(b)7, F.A.C., to select an eligible sponsor. Eligible persons, sponsors or other recipients of assistance under this program will be required to contractually commit and comply with all SHIP Program requirements. Request for Proposals will be accepted from both for-profit and not-for-profit corporations. Proposals received will be reviewed based upon a selection criterion which include, but are not limited to, the following: • The not-for-profit corporation must have received a tax exempt ruling from the Internal Revenue Service (IRS) under Section 501c(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-profit or for-profit corporation must have financial accountability standards that permit the Department of Community Development to account for and audit SHIP funds; • Sponsors that employed personnel from the Welfare Transition Program will be given preference in the selection process; • The organizational capacity and experience of the not-for-profit or for- profit corporation in administering home renovation and/or homebuyers financing programs; - 22 - • The soundness of the proposal; • The cost per family to administer the program; and All sponsors must be in good standing with the City. h. Additional Information: N/A F. Homeownership Development Program Code 10 a. Summary of Strategy: The SHIP Homeownership Program is designed to promote and create affordable homeownership opportunities for very low, low and moderate income families and individuals. SHIP Program funds reserved for this strategy will be used to assist not-for-profit and for-profit housing developers or the City. SHIP funds reserved for this strategy will be utilized by the City of Miami to finance the project cost associated with site development, hard and soft construction financing and permanent financing associated with the development of affordable housing units by for-profit and not-for-profit housing developers or the City. b. Fiscal Years Covered: 2016-2017, 2017-2018 and 2018-2019 C. Income Categories to be served: Very -low, low and moderate income d. Maximum award: Developments meeting the selection criteria will be awarded a maximum amount per unit based on the number of bedrooms as shown in the chart below: Number of bedrooms 0 1 2 3� Maximum Subsidy $48,328 $55,722 $67,202 $86,020 e. Terms: 1. Loan/deferred loan/grant: Funds will be awarded as a deferred payment loan secured by a recorded subordinate mortgage and note. 2. Interest Rate: 0% 3. Term: Construction loan with no monthly payments during the - 23 - construction phase. • Commence construction of the Project within six (6) months from the Effective Date (Date Contract is Executed); • Obtain all required certificate of occupancy for the Project, within eighteen (18) months from the Effective Date; • Sell all assisted units to Eligible. Home Buyers within six. (6) months of the certificate of occupancy; 4. Forgiveness/Repayment: Once the developer has successfully completed the construction, the average subsidy per unit provided to the development during construction may be passed through to the eligible homebuyer in the form of a permanent mortgage loan as described in the Homebuyers Financing Program Strategy as previously outlined in this Plan. In the event through no fault of the developer the project suffers a reduction in market value, the City reserves the right to allow for a buy - down (forgiveness) equal to the difference between the project development cost and market value. 5. Default/Recapture: The loan will be determined to be in default if the Developer does not comply with the loan terms contained herein. If this occurs the full loan amount will be due and payable. Recipient Selection Criteria: SHIP funding to be provided by the City of Miami under the Homeownership Development Program strategy will be awarded through a Request for Proposals ("RFP") process. Any SHIP Program allocation including the term of the loan will be recommended by City staff to the City's Housing and Commercial Loan Committee for approval/disapproval based on the following criteria: • Level of experience in development of similar projects. • Project feasibility and ability of the developer/sponsor to commence construction within six (6) months funding award. • Evidence of availability of construction and first mortgage financing. • Consistency with the City's Five (5) Year Consolidated Plan (2014- 20t8). - 24 - • Ability to demonstrate project will be affordable to low and moderate income households. g. Sponsor/Developer Selection Criteria: The City of Miami intends to administer this program. h. Additional Information: N/A G. Rental Housing Development Program Code .21 a. Summary of Strategy: The SHIP Rental Housing Development Program is designed to promote and create affordable housing opportunities for very low, low, and moderate income families and individuals. SHIP Program funds reserved for this strategy will be used to assist not-for-profit and for profit housing developers or the City. SHIP funds reserved for this strategy will be utilized by the City of Miami to finance the project cost associated with site development, hard and soft construction financing and permanent financing associated with the development of affordable housing units by not-for-profit or for profit housing developers or the City. b. Fiscal Years Covered: 2016-2017, 2017-2018 and 2018-2019 C. Income Categories to be served: Very -low, low and moderate income d. Maximum award: $60,000 per unit. e. Terms: 1. Loan/deferred loan/grant: Deferred payment loan 2. Interest Rate: 0% 3. Term: There will be no monthly payments associated with the loan during the construction phase. • Commence construction of the Project within six (6) months from the Effective Date (Date Contract is Executed); • Obtain all required certificate of occupancy for the Project, within twenty-four (24) months from the Effective Date; • Rent all assisted units to income eligible renters within twelve - 25 - (12) months after the issuance of a certificate of occupancy for the Project Upon completion of the construction period and upon the project obtaining a certificate of occupancy, the loan shall convert to a deferred payment loan at a rate of zero (0%) for thirty (30) years. During the underwriting stage, the level of financial assistance and the terms provided are determined based on the project's ability to generate cash-flow sufficient to secure all private and public financing needed to successfully complete the development. Typically, a project needs to generate cash flow sufficient to result in a debt service ratio of 1.25. 4. Forgiveness/Repayment: Once the developer has successfully completed the construction and all the housing units are occupied by income eligible renters, the City of Miami will fully satisfy the developer's obligation to the City in connection with the financing of the project. Financial assistance made to the developer as a grant will also be satisfied upon completion of the construction phase and all the housing units have been occupied. Recipients of funding under this strategy will be required to make the property affordable for a period of not less than twenty years (20) years. • Project feasibility and ability of the developer/sponsor to commence construction within twelve (12) months funding award. • Evidence of available of construction and first mortgage financing. • Consistency with the City's Five (5) Year Consolidated Plan (2014- 2018). 20142018). • Ability to demonstrate project will be affordable to very -low, low and moderate income households. 5. Default/Recapture: The loan will be determined to be in default if the Developer does not comply with the loan terms contained herein. If this occurs the full loan amount will be due and payable. Recipient Selection Criteria: - 26 - SHIP funding under this strategy will be awarded through a competitive Request for Proposals (RFP) process. Through the City of Miami's solicitation, proposals will be received from for-profit and not-for-profit housing developers for the construction of new affordable housing units targeted for very low, low, and moderate income families and individuals. All housing developers applying for financial assistance under the strategy will be awarded SHIP funding using criteria, including, but not limited to the following: • Level of experience in development of multifamily rental housing. • Financial capacity and strength of the not-for-profit or for-profit housing developer; • Ability of not-for-profit or for-profit housing developer to complete the housing project by the expenditure deadline requirements established by the SHIP Program and State of Florida; • Ability to document/demonstrate that construction will be underway within six (6) months from the date of funding award by the City; • Firm evidence of site control; • Document and/or identify other project financing from other public and/or private sources which would leverage financial assistance provided by the City at a minimum of one (1) to five (5) for rental projects as stipulated by City of Miami's Resolution No. 98-587 adopted June 9, 1998; and • Consistency with the City of Miami's Five Year Consolidation Plan (2014-2018). All recipients or households that will receive housing assistance under this strategy once the housing project has been completed must meet the eligibility requirements as stipulated in the Florida Statutes, Florida Administrative Code, the SHIP Program Ordinance, Resolution, the Plan and this strategy. Only multi -family housing will be eligible under this strategy. The properties to be developed must be located within the corporate limits of the City of Miami. The non -for-profit or for-profit housing developer(s) must rent the newly constructed housing units to an eligible household on a first come first-served basis. The following expenditures shall qualify and will be eligible under this strategy: - 27 ® Those hard costs which are typical and customarily treated as construction costs by institutional lenders; • Construction costs, such as architectural, engineering studies and appraisals, if directly related to housing construction; • Infrastructures expenses typically paid by the developer; • Payment of impact and permitting fees; and • Costs associated with land acquisition and site development. Any SHIP Program allocation including the term of the loan will be recommended by City staff to the City's Housing and Commercial Loan Committee for approval/disapproval based on the criteria enumerated above. The City shall annually monitor and determine tenant eligibility. In cases where another governmental entity provides the same monitoring and determination, the City may rely on such monitoring and determination of tenant eligibility. However, any loan or grant in the original amount of $3,000 or less shall not be subject to these annual monitoring and determination of tenant eligibility requirements. Tenant eligibility will be monitored for at least annually for 15 years or the term of assistance whichever is longer unless as specified above. g. Sponsor/Developer Selection Criteria: The City of Miami intends to administer this program through an RFP process. h. Additional Information: N/A III. LHAP Incentive Strategies In addition to the required Incentive Strategy A and Strategy B, include all adopted incentives with the policies and procedures used for implementation as provided in Section 420.9076, F.S.: A. Name of the Strategy: Expedited Permitting Permits as defined in s. 163.3177 (6) (f) (3) for affordable housing projects are expedited to a greater degree than other projects. Provide a description of the procedures used to implement this strategy: Please refer to Exhibit H - 28 - B. Name of the Strategy: Ongoing Review Process An ongoing process for review of local policies, ordinances, regulations and plan provisions that increase the cost of housing prior to their adoption. Provide a description of the procedures used to implement this strategy: The Department of Community and Economic Development is notified of all proposed changes to the zoning code. If a propose change affects the construction of affordable housing, a meeting is scheduled with the respective department to discuss such changes followed by a recommendation from the department. C. Other Incentive Strategies Adopted: • Reduction of Parking and Setback Requirements • Impact- Fee Deferral / Waiver • Allowance of Flexibility in Densities and Intensities; i.e. FAR Provide a description of the procedures used to implement this strategy: Developers requesting any of the above mentioned waivers submits an affordable housing certification form to the Department of Community and Economic Development, which reviews and certifies that the project is an affordable housing project. After certification, the Developer follows the procedures illustrated in the Miami 21 Zoning Code under Article 7 Procedures and Nonconformities Section 1.2.5 Waiver to be able to avail themselves of the waivers. IV. EXHIBITS: A. Administrative Budget for each fiscal year covered in the Plan. B. Timeline for Estimated Encumbrance and Expenditure. C. Housing Delivery Goals Chart (HDGC) For Each Fiscal Year Covered in the plan. D. Signed LHAP Certification. E. Signed, dated, witnessed or attested adopting resolution. F. Ordinance: (If changed from the original creating ordinance). G. Interlocal Agreement. H. Expediting Permitting Policy - 29 - Exhibit A ADMINISTRATIVE BUDGET FOR EACH FISCAL YEAR LHAP 2009-001 Exhibit A Revised: 6/2015 City of Miami Fiscal Year: 2016-2017 Estimated Allcoation for Calculating: $ 129,945.00 Salaries and Benefits $ 105,945.00 Office Supplies and Equipment $ 12,000.00 Travel Per diem Workshops, etc. $ 5,000.00 Advertising $ 7,000.00 Other* $ Total $ 129,945.00 Fiscal Year: 2017-2018 Estimated Allcoation for Calculating: $ 129,945.00 Salaries and Benefits $ 108,945.00 Office Supplies and Equipment $ 10,000.00 Travel Per diem Workshops, etc. $ 5,000.00 Advertising $ 6,000.00 Other* $ Total $ 129,945.00 Fiscal Year 2018-2019 Estimated Allcoation for Calculatin : $ 129,945.00 Salaries and Benefits $ 111,945.00 Office Supplies and Equipment $ 8,000.00 Travel Per diem Workshops, etc. $ 5,000.00 Advertising $ 5,000.00 Other* $ Total $ 129,945.00 *All 'other" items need to be detailed here and are subject to review and approval by the SHIP review committee. Project Delivery Costs that are outside of adminsitrative costs are not to be included here, but must be detailed in the LHAP main document. Details: Exhibit B Timeline for SHIP Expenditures _City of Miami_ affirms that funds allocated for these fiscal years will meet the following deadlines: Fiscal Year Encumbered Expended 11t Year AR 2nd Year AR Closeout AR 2016-2017 6/30/2018 6/30/2019 9/15/2017 9/15/2018 9/15/2019 2017-2018 6/30/2019 6/30/2020 9/15/2018 9/15/2019 9/15/2020 2018-2019 6/30/2020 6/30/2021 9/15/2019 9/15/2020 9/15/2021 if funds allocated for these fiscal years is not anticipated to meet any of the deadlines in the table above, Florida Housing Finance Corporation will be notified according to the following chart: Fiscal Year Funds Not Encumbered Funds Not Expended 1s1 Year AR Not Submitted 2nd Year AR Not Submitted Closeout AR Not Submitted 2016-2017 3/30/2018 3/30/2019 6/15/2017 6/15/2018 6/15/2019 2017-2018 3/30/2019 3/30/2020 6/15/2018 6/15/2019 6/15/2020 2018-2019 3/30/2020 3/30/2021 6/15/2019 6/15/2020 6/15/2021 Requests for Expenditure Extensions (close-out year ONLY) must be received by FHFC by June 15 of the year in which funds are required to be expended. The extension request shall be emailed to robert.dearduff floridahousingI rand te_,rry.aurinxerf)floridahousing.orn. and include: 1. A statement that "(city/county) requests an extension to the expenditure deadline for fiscal year 2. The amount of funds that is not expended. 3. The amount of funds that is not encumbered or has been recaptured. 4. A detailed plan of how/when the money will be expended. Note; an extension to the expenditure deadline (June 30) does not relieve the requirement to submit (September 15) the annual report online detailing all funds that have been expended. Please email terrv,aurin er floridahousina,orq when you are ready to "submit" the AR. Other Key Deadlines: AHAC reports are due for each local government by December 31 of the year prior to the local government's LHAP being submitted. Local governments receiving the minimum or less allocation are not required to report. l_...._...�..,4..,.,......,�... ..-,L.. ..._..w..,...,�.......�.,�................ FLORIDA HOUSING FINANCE CORPORATION ___........,....,.._............_......,..........._e..,.,.LHAPExhIbtC2015_ �.-r,. _,,..... Please check applicable box I HOUSING DELIVERY GOALS CHART New Plan; X 2016.2017 Amendment: j Fiscal Yr, Closeout: Name of Local Government ,City of Miaml.. . ...,_, _ _ w . Allocation: $1,299,453.00 A B C D E F HOMEOWNERSHIP VLI Max. SHIP LI Max. SHIP MI Max.SHIP New Construction Rehab/Ropair Without Construction Total -Total Total _ STRATEGIES (strategy title must Code be same as the title used In plan text. Units Award _ Units Award Units. Award SHIP Dollars SHIP Dollars SHIP Dollars SHIP Dollars Percentage Units I i6 Emergency Home Repair Assists 2 $15,000 2 $15,000 1 $15,000 $75,000.00 $75,000.00 5.77/ 5 'i3 Single Family Rehabilitation Pro 4 $50,000 4 $50,000 1 $50;000 $416,448.00 $416,448,00 32.05% 9 4 Single Family Replacement Hom 1 $150,000 1 $150,000 0 $150,000. $300,000.00 $300,000.00 23,09% 2 1 Home Buyer Financing Program 1 $86,020 1 $86;020 0 $86,020 $172,040.00 $172,040.00 13,24% 2 5 Disaster Relief Program 0 $15,000 0 $15,000 0 $15,000 $0,00 0.00% 0 i10 Homeownership Development P 0 $86,020 1 $86,020 0 $86,020 $86,020.00 $86,020.00 6.62% 1 $0.00 0,00% 0' $0.00 0,00% 0 Subtotal 1 (Home Ownership) 8 9 2 $386,020,00 $491,448.00 $172,040.00 $1,049,508.00 80.77% 19 '. RENTAL VLI Max, SHIP LI Max. SHIP MI Max, SHIP New Construction Rehab/Repair Without Construction Total Total _ Total i STRATEGIES Units Award Units Award Units Award SHIP Dollars SHIP Dollars SHIP Dollars SHIP Dollars Percentage Units ;21 Rental Housing Development Prc 1 $60,000 1 1 $60,000 0 $60,000 $120,000.00 $120,000.00 9.23% 2 i $0,00 0.00% 01 $0.00 0100% 0 $0.00 0.00% 0 $0.00 0.00% 01 Subtotal 2 (Non -Home OWnershi 1 1 0 $120,000.00 $0.00 $0.00 $120,000.00 9.23% 21 Administration Fees $129,945.00 10.00% Admin. From Program Income - 0.00% Home Ownership Counseling 0.00% GRAND TOTAL _ Add Subtotals 1 &2. lus all Adr 9 10 2 506 020:00 491 448.00 172 040.00 1 299 453.00 100.00% 21 i Percentages Construction/Rel Calculate Constr./Rehab Percent.. by adding Grand Total Columns A&B, than divide by Annual Allocation Amt. 77% Maximum Allowable i Purchase Price: New $238,000 Existing $223,000 I Allocation Breakdown Amount % Projected Program Income: Max Amount Program Income For Adml $0.00 j Very -Low Income $526,020 .00 40.5% Projected Recaptured Funds: Lowlncome $578,48 8.00 44.5% Distributon: $1,299,453.00 Moderate Income $65,000.00 5.0% Total Available Funds: $1,299,453.00 i i TOTAL $1 169 50300 90 0 / - _ 4 ..._n .._ 1... FLORIDA. HOUSING FINANCE CORPORATION Please check applicable box HOUSING DELIVERY GOALS CHART Now Plan: X 2017.2018 Amendment: Name of Local Government: !City -Of Miami i Anocanon: zii1,z`J8,4bJ.UV I A B C D E F HOME OWNERSHIP VLI Max. SHIP LI_ Max. SHIP MI Max. SHIP New Construction Rehab/Repair Construction Without Cons Total _ Total Total STRATEGIES (strategy title must Code be some as the title used in plan text. Units Award Units Award Units Award SHIP Dollars SHIP Dollars SHIP Dollars SHIP Dollars Percentage Units :6 Emergency Home Repair Assists 2 $15,000 2 $15,000 1 $15,000 $75;000.00 $75,000.00 5,77% 5 j !3 Single Family Rehabilitation Pro 4 $50,000 4 $50,000 1 $50,000 $41.6,448.00 $416,448.00 32.05% 9 I4 Single Family Replacement Hom 1 $150,000 1 $150,000 0 $150,000 $300,000.00 $300,000.00 23.09% 2 1 Home Buyer Financing Program 1 $86,020 1 $86,020 0 $86,020 $172,040.00 $172,040.00 13.24% 2 I I5 Disaster Relief Program 0 $15,000 0 $151000 0 $151000 $0.00 0.00% 0 i '10 Homeownership Development Pt0 $66,020 1 $86,020 0 $86,020 $86,020.00 $86,020.00 6.62% 1; $0.00 ' _ 0.00%1 0 ! $0.00 0.00%1 0 RENTAL pir Total Total Total VLI ax, SH I Ll ax. SH ax. SH STRATEGIES Units MAwardlP Units MAwardlP I Units I MAwardlP INeSHIP Dollarsonl SHIP Dollar. I SHIPDollarsSHIP Dollars IPercentage l Units ;21 Rental Housing Development Pr 1 Ps0.000 1 $60.000 0 &60,000 $120,000.00 $120,000.00 9,23% 2 2 Percentage Construction/Re Calculate Constr./Rehab Percent. by adding Grand Total Columns A&B, then divide by Annual Allocation Amt. 77%1 1! Maximum Allowable Purchase Price: New $238,000 Existing $223,000 Allocation Breakdown Amount % Protected Prouram Income: Max Amount Program Income For Admi $0.00 (Moderate Income ( 1 $65,000.00 1 1 5;0%1 (Total Available Funds: $7,299;453,00 I __ Name of Local Government: 1CIty of Mlaml .... New Construction Max. SHIP LI Max. SHIP MI Max. SHIP FLORIDA HOUSING FINANCE CORPORATION .,........1�... M -.w...,:......,..,., Please check appllcable box Anocalron:i,zya,vos.uv Total j HOUSING DELIVERY GOALS CHART Award Units Award Units Award SHIP Dollars New Plan: X. SHIP Dollars SHIP Dollars 2018.2019 1 1 1 1 Amendment:__ Name of Local Government: 1CIty of Mlaml .... New Construction Max. SHIP LI Max. SHIP MI Max. SHIP —1 --- Construction Total Anocalron:i,zya,vos.uv Total j STRATEGIES Units Award Units Award Units Award SHIP Dollars SHIP Dollars SHIP Dollars SHIP Dollars Percentage Units 21 Rental Housing Development Pr 1 $60,000 1 $60,000 0 $60,000 $120,000.00 A B C D E F HOME OWNERSHIP VLI Max. SHIP LI Max. SHIP MI Max. SHIP New Construction Rehab/Ropair. Without Construction Total Total Total STRATEGIES (strategy title must Code be same as the title used in plan text. Units Award Units Award Units Award SHIP Dollars SHIP Dollars SHIP Dollars SHIP Dollars Percentage Units '.6 Emergency Home. Repair Asslsta 2 $15;000 2 $15,000 1 $15,000 I 1 $75,000.00 $75,000.00 5.77% 5 '3 single Family Rehabilitation Prog 4 1 $50,000 4 $50,000 1 1 $50,000 Home Ownership Counseling $416,448.00 $416,448.00 32.05% 9 4 Single Family Replacement Hom t $150,000 1 1 $150(000 0 $150,000 $300,000.00 Add Subtotals 1 & 2plus all Ad 9 10 2 $506,020.00 $300,000,00 23.09% 2 A Home Buyer Financing Program 1 $86,020 1 $86,020 0 $86,020 $172,040.00 $172,040.00 13,24% 2 5 Disaster Relief Program 0 $15,000 0 $15,000 0 $15,000 Purchase Price: $0.00 0.00% 0 .10 Homeownership Development Pt 0 $86,020 1 $86,020 0 $86,020 $86,020,00 $86,020,00 6.62% 1 $0.00 0.00% 0 $o.00 0.00% o RENTAL VLI New Construction Max. SHIP LI Max. SHIP MI Max. SHIP Rehab/Repair --- Construction Total Total Total j STRATEGIES Units Award Units Award Units Award SHIP Dollars SHIP Dollars SHIP Dollars SHIP Dollars Percentage Units 21 Rental Housing Development Pr 1 $60,000 1 $60,000 0 $60,000 $120,000.00 $120,000.00 9,23% 2 i - $0.00 0100% 01 $0.00 0.00% 0 $0.00 0.00% 0 $0.00 0.001 0 Subtotal 2 (Non -Home Ownorshl 1 1 0 $120,000.00 $0.00 $0.00 $120,000.00 9.23% 2 Administration Fees I 1 $129,945.00 10.00% Admin. From Program InCOlne 0100% Home Ownership Counseling 0,00% GRAND TOTAL Add Subtotals 1 & 2plus all Ad 9 10 2 $506,020.00 $491,448,00 172040.00 $1,299,453.00 100.00.% 21 Percentage Construction/Rall Calculate Constr./Rehab Percent.. by adding Grand Total Columns A&B, then divide by Annual Allocation Amt. 77 Maximum Allowable Purchase Price: Now $238,000 Ezlsting $223,090 Allocation Breakdown Amount % Projected Program Income: Max Amount Program Income For Admil $0.00 1_ Very -Low Income $526,020.00 40.5% Projected Recaptured Funds: Low Income $57843800 445Dlsirlbutiom $1299453.00 hn..a„rorn i„ — I 1 ,ke5.ono.00 I 15.0-1 ITotal.Available Funds: I $1,299,453.00 I - Exhibit D 67-37.005(1), F.A.C. Effective Date: 10/14 CERTIFICATION TO FLORIDA HOUSING FINANCE CORPORATION Local Government: City of Miami (1) The local government will advertise the availability of SHIP funds pursuant to Florida Statutes. (2) All SHIP funds will be expended in a manner which will insure that there will be no discrimination on the basis of race, creed, religion, color, age, sex, familial or marital status, handicap, or national origin. (3) A process for selection of recipients for funds has been developed. (4) The eligible municipality or county has developed a qualification system for applications for awards. (5) Recipients of funds will be required to contractually commit to program guidelines. (6) The Florida Housing Finance Corporation will be notified promptly if the local government (or interlocal entity) will be unable to comply with the provisions the plan. (7) The Local Housing Assistance Plan shall provide for the expenditure of SHIP funds within 24 months following the end of the State fiscal year in which they are received. (8) The plan conforms to the Local Government Comprehensive Plan, or that an amendment to the Local Government Comprehensive Plan will be initiated at the next available opportunity to insure conformance with the Local Housing Assistance Plan. (9) Amendments to the approved Local Housing Assistance Plan shall be provided to the Corporation with in 21 days after adoption. (10) The trust fund shall be established with a qualified depository for all SHIP funds as well as moneys generated from activities such as interest earned on loans. (11) Amounts on deposit in the local housing assistance trust fund shall be invested as permitted by law. (12) The local housing assistance trust fund shall be separately stated as a special revenue fund in the local governments audited financial statements, copies of the audits will be forwarded to the Corporation as soon as available. Exhibit D 67-37.005(1), F.A.C. Effective Date: 10/14 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_ has not been implemented. (note: Miami Dade County will check "has") Witness Chief Elected Official or designee Daniel J. Alfonso City Manager Witness Type Name and Title Date OR Attest: (Seal) 2 Exhibit E. Executed Resolution Exhibit F. Ordinance has not changed Exhibit G. Interlocal Agreement Not Applicable Expediting Plans Processing for Affordable Housing Development 1.0 INTRODUCTION Exhibit H. Housing development projects require a building plan review to be completed prior to issuing permits. Due to the number of plan review applications submitted to the City and the time it takes the City to approve them. it is imperative to implement a process to expedite plans that are directly related with the construction of affordable housing in the City of Miami. Developers who wish to take advantage of this process must adhere to the following rules: 1.1. Two full sets of Plans (including engineering/systems and calculations), containing completed permit applications MUST be submitted directly to the Department of Community Development (CD) reception desk. Plans will be reviewed by the Housing Divisions to determine if project is affordable. If so determined, the plans will be labeled "Affordable Housing". CD will be in charge of running the plans through Building, Public Works, Zoning, and Fire departments. 1.2. Plans MUST NOT be submitted directly, by developer's staff, to the Building Department. By doing so, developer will be acknowledging that such plans will NOT be part of this expediting process. CD will not, under any circumstances, assist in expediting plans not labeled as "Affordable Housing". 1,3. if plans were submitted directly to the Building Department and developer wishes to get assistance expediting such plans, developer must re -submit plans through CD. The plans will be logged -in on a first-come first -serve basis. 1.4. Plans that have been returned three (3) prior times for corrections (same discipline) will no longer be accepted by the Department. of Community Development to take advantage of the expediting process. 2.0 THE PROCESS: The Department of Community Development will be the only contact point for affordable housing developers who wish to expedite their plan review process. The following are the steps the Department of Community Development must implement/ have in order to keep accurate tracking of affordable housing plans: 2.0.1 Labeling plan(s) as Affordable Housing: a. Plans MUST be submitted to the Department of Community Development's (CD) front desk. b. Plans will be reviewed by the Housing Division to determine affordability. c. Plans will be date stamped and labeled as "Affordable Housing". d. Plans will be provided to CD's plan processor (City's own plan runner). e. Processor will log in (tracking system) the applicant's name, project's name, project's address, email address (contact information), and date submitted to CD. f. Processor will proceed to walk the plans to the Building Department and will receive a "processing number". g. Processor will then log -in the processing number and date of delivery (to Building Dept.) in the tracking system. h. Processor will email applicant the processing number. i. Applicant may, at anytime, check the current status of plans by typing the processing number in the following website address: a http:Z/egov.ci.miami.fl.us/MiamiBuilding/PlanStattisReview.asp 2.0.2 Recognizing and Expediting: a. Building Department recognizes that these are Affordable Housing plans approved by the Department of Community Development and expediters the review process. The Building Department's designated liaison will be the Department of Community Developments direct contact throughout the processing process. If plans are approved: 1, Building Department contacts CD to inform of the approval of the Affordable Housing plans (using processing number). 2. Building Department forwards plans to either Public Works, Zoning, or Fire for further approval 3. Processor will enter the date plans were transferred to one of the units above in the tracking system. If plans need corrections: 1. Building Department contacts CD to return Affordable Housing plan(s). 2. Processor will pick up plan(s) and will log in tracking system the date plans were received from Building department. 3. Processor will contact applicant and return plans for correction. 4. Processor will log -in in tracking system date and reasons plans were returned to CD and date plans were picked up by applicant. 2.0.3 Corrections and Plan Re -submission Once the proper corrections are made to the plans, plans must be re -submitted to the Department of Community Development reception desk. Processor will resubmit the plans to the Building Department. M 2.0.4 Flowchart SUBMIT AFFORDABLE HOUSING PLANS TO CD FIRST PLANS REVIEWED BY HOUSING DIVISION TO DETERMINE AFFORDABILITY NO PROJECT ARCHITECT/ FENGINEER MAKES CORRECTIONS CD LOGS IN SYSTEM AND TAKES IT TO BUILDING DEPARTMENT RETURNS RETURNS TO CD/ CD CALLS PLANS ARE REVIEWED BY APPLICANT TO PICK UP BUILDING PLANS WITH COMMENTS PPROVE COMMENTS/ CORRECTIONS by BLDG. NO LIST IS ISSUED BY CITY ADVICE CD OF _.� DATE PLANS LEAVE EACH UNIT PLANS ARE REVIEWED BY: PUBLIC WORKS, ZONING, FIRE PROVED CALL CD TO PICK UP DEVELOPER RECEIVES APPROVED PLANS �` APPROVED PLANS