Loading...
R24-207 RESOLUTION NO. R24-207 2 3 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON 4 BEACH, FLORIDA, APPROVING THE CITY OF BOYNTON BEACH STATE 5 HOUSING INITIATIVE PARTNERSHIP (SHIP) PROGRAM ANNUAL 6 REPORT FOR FY2021-2022 AND LOCAL HOUSING INCENTIVES 7 CERTIFICATION; AND FOR ALL OTHER PURPOSES. 8 9 WHEREAS, section 420.9072, Florida Statutes, regulates the State Housing Initiative 10 Partnership (SHIP) Program; and 11 WHEREAS, the City of Boynton Beach receives an allocation of funds created for the 12 purpose of providing funds to counties and eligible municipalities as an incentive for the creation 13 of a local housing assistance plan to expand the production of and preserve affordable housing 14 to further the housing element of the local government Comprehensive Plan specific to affordable 15 housing, and to increase housing-related employment; and 16 WHEREAS, the statute requires that each county or eligible municipality shall submit to 17 the Florida Housing Finance Corporation an annual report of its affordable housing programs and 18 accomplishments utilizing SHIP funds through June 30, the close of the state's fiscal year; and 19 WHEREAS, the report shall be certified as accurate and completed by the local 20 government's chief elected official or their designee. The report is representative of the following 21 three-year worth of funding from the beginning of the report year; and 22 WHEREAS, the City Commission, upon the recommendation of staff, has deemed it in the 23 best interests of the city's citizens and residents to approve the City of Boynton Beach State 24 Housing Initiative Partnership (SHIP) Program Annual Report for FY2021-2022 and Local Housing 25 Incentives Certification. 26 27 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON 28 BEACH, FLORIDA, THAT: 29 SECTION 1. The foregoing "Whereas" clauses are hereby ratified and confirmed as 30 being true and correct and are hereby made a specific part of this Resolution upon adoption. 31 SECTION 2. The City Commission of the City of Boynton Beach, Florida, does hereby 32 approve a State Housing Initiative Partnership (SHIP) Program Annual Report for FY2021-2022 33 and Local Housing Incentives Certification, in form and substance similar to that attached as 34 "Exhibit A. " 35 SECTION 3. The City Commission of the City of Boynton Beach, Florida, hereby 36 authorizes the Mayor to execute the SHIP Program Annual Report for FY2021-2022 and Local 37 Housing Incentives Certification. The Mayor is further authorized to execute any ancillary 38 documents as may be necessary to accomplish the purpose of this Resolution. 39 SECTION 4. One fully-executed original shall be retained by the City Clerk as a public 40 record of the City. A copy of the fully-executed shall be provided to RJ Ramirez to forward to the 41 Florida Housing Finance Corporation. 42 SECTION 5. This Resolution shall take effect in accordance with law. 43 44 PASSED AND ADOPTED this 0`O day of `a- l'Y1 be r 2024. 45 CITY OF BOYNTON BEACH, FLORIDA 46 YNO 47 Mayor—Ty Penserga 48 49 Vice Mayor—Aimee Kelley •/ 50 51 Commissioner—Angela Cruz 52 53 Commissioner—Woodrow L. Hay 54 55 Commissioner—Thomas Turkin 56 57 VOTE c5--D 58 ATTEST: 59 60 L 0 -► 61 Maylee D- Je , MPA, i/ MC Ty en r 'joZ 4 62 City Cler Mayor 63 = of Boy 64 ......�y • /1/2. APPROVED AS TO FORM: C...• coRPo•• 0 65 (Corporate Seal) ; � 2 1� 66 ; :�NCpll� A ; J`�'f'/ /7CC , Qw{'/6 • R�'o L •• i 67 l9 : � Shawna G. Lamb 21i Fo 68 �� A‘.*... %,;pR'DA _ Form SHIP AR/2009 67-38.008(5), F.A.C. Effective Date:5/23/2017 Title: SHIP Annual Report Report Status: Submitted Boynton Beach FY 2021/2022 Closeout orm 1 Page 1 Form SHIP AR12009 67-38.008(5),F.A.C. Effective Date:5/23/2017 SHIP Distribution Summary Homeownership Expended Encumbered Unencumbered Code Strategy Amount Units Amount Units Amount Units 1 Purchase Assistance $184,726.50 3 2 Purchase Assistance $25,000.00 1 3 Owner Occupied Rehab $328,445.25 4 Homeownership Totals: $538,171.75 8 Rentals Expended Encumbered Unencumbered Code Strategy Amount Units Amount Units Amount Units 26 Rapid Rehousing $8,375.00 1 Rental Totals: $8,375.00 1 Subtotals: $546,546.75 9 Additional Use of Funds Use Expended Administrative $29,358.69 Homeownership Counseling $.00 Admin From Program Income $.00 Admin From Disaster Funds $.00 Totals: $575,905.44 9 $.00 $.00 Total Revenue (Actual and/or Anticipated) for Local SHIP Trust Fund Source of Funds Amount State Annual Distribution $536,430.00 Program Income (Interest) $1,307.55 Program Income(Payments) $45,140.18 Recaptured Funds $.00 Disaster Funds Other Funds Carryover funds from previous year -$7,902.19 *Carry Forward to Next Year: -$929.90 Total: $574,975.54 NOTE:This carry forward amount will only be accurate when all revenue amounts and all expended, encumbered and unencumbered amounts have been added to Foram 1 orm 2 Page 2 Form SHIP AR/2009 67-38.008(5),F.A.C. Effective Date:5/23/2017 Rental Unit Information Description Eff. 1 Bed 2 Bed 3 Bed 4 Bed ELI 483 518 621 752 929 VLl 805 862 1,035 1,196 1,335 LOW 1,288 1,380 1,656 1,913 2,135 MOD 1,932 2,070 2,484 2,871 3,204 Up to 140% 2,254 2,415 2,898 3,349 3,738 Recap of Funding Sources for Units Produced ("Leveraging") Source of Funds Produced Amount of Funds Expended to through June 30th for Units Date %of Total Value SHIP Funds Expended $546,546.75 73.51% Public Moneys Expended $186,917.74 25.14% Private Funds Expended $.00 .00% Owner Contribution $10,000.00 1.35% Total Value of All Units $743,464.49 100.00% SHIP Program Compliance Summary - Home Ownership/Construction/Rehab FL Statute Compliance Category SHIP Funds Trust Funds %of Trust Fund Minimum% Homeownership $538,171.75. $528,527.81 101.82% 65% Construction/Rehabilitation $463,445.25. $528,527.81 87.69% 75% Program Compliance - Income Set-Asides Income Category SHIP Funds Total Available Funds%* Extremely Low $8,375.00 1.46% Very Low $210,842.25 36.67% Low $213,003.50 37.05% Moderate $114,326.00 19.88% Over 120%-140% $.00 .00% Totals: $546,546.75 95.06% Project Funding for Expended Funds Only Page 3 Form SHIP AR/2009 67-38.008(5),F.A.C. Effective Date:5/23/2017 Income Category Total Funds Mortgages, Total Funds SHIP Total SHIP Total# Mortgages, Loans& SHIP Grants Grant Funds Units Loans& DPL's DPL Unit#s Unit#s Expended Extremely Low 0 $8,375.00 1 $8,375.00 1 Very Low $210,842.25 2 0 $210,842.25 2 Low $213,003.50 3 0 $213,003.50 3 Moderate $114,326.00 3 0 $114,326.00 3 Over 120%-140% 0 0 $.00 0 Totals: $538,171.75 8 $8,375.00 1 $546,546.75 9 orm 3 Number of Households/Units Produced List Unincorporated and Each Over Strategy Municipality ELI VLI Low Mod 140% Total Owner Occupied Boynton Beach 2 1 1 4 Rehab Purchase Assistance Boynton Beach 2 2 4 Rapid Rehousing Boynton Beach 1 1 i - Totals: 1 2 3 3 9 Characteristics/Age (Head of Household) - List Unincorporated and Each Description Municipality 0-25 26-40 41 -61 62+ Total Owner Occupied Boynton Beach 2 2 4 Rehab Purchase Assistance Boynton Beach 1 2 1 4 Rapid Rehousing Boynton Beach 1 1 Totals: 2 4 3 9 Family Size List Unincorporated and Each 1 2.4 5+ Description Municipality Person People People Total Owner Occupied Boynton Beach 1 2 1 4 Rehab Purchase Assistance Boynton Beach 1 2 1 4 Rapid Rehousing Boynton Beach 1 1 Totals: 2 4 3 9 Race (Head of Household) Page 4 Form SHIP AR/2009 67-38.008(5),FA.C. Effective Date:5/23/2017 List Unincorporated and Each Hisp- Amer- Description Municipality White Black anic Asian Indian Other Total Owner Occupied Boynton Beach 3 1 4! Rehab Purchase Assistance Boynton Beach 3 1 4 Rapid Rehousing Boynton Beach 1 1 Totals: 7 1 1 9 Demographics (Any Member of Household) • List Unincorporated and Each Farm Home- Description Municipality Worker less Elderly Total Owner Occupied Boynton Beach 2 2j Rehab Purchase Assistance Boynton Beach 0 Rapid Rehousing Boynton Beach 1 1 Totals: 1 2 3 Special Target Groups for Funds Expended (i.e. teachers, nurses, law enforcement, fire fighters, etc.) Set Aside Special Target Total#of Description Group Expended Funds Expended Units orm 4 Status of Incentive Strategies Incentive Description (If Other) Category Status Year Adopted (or N/A) Expedited permitting Required Adopted 2021 Ongoing review process Required Adopted 2021 Page 5 Form SHIP AR/2009 67-38.008(5), F.A.C. Effective Date:5/23/2017 Flexible densities The City allows for AHAC Review Adopted 2021 increased floor area ratios and densities in selected residential districts to incentivize the provision of affordable dwelling units. The City has a density bonus in place as part of the Workforce Housing Program.A developer may elect to obtain a density bonus and/or a height bonus through the construction of the workforce units on-site or off-site, monetary contribution, donation of land, or purchase of units to be designated as workforce (City Code of Ordinances, Part Ill, Chapter 1, Article V, Section 2.C). Printed inventory of public The Community AHAC Review Adopted 2021 owned lands Improvement Division maintains a list of the current inventory of all vacant land including those properties owned by the City of Boynton Beach and Palm Beach County within the target area.A list of all available land and a list of vacant land suitable for affordable housing in the city, is available as a link on the City's website for easy access for developers. Support of development As part of the Workforce AHAC Review Adopted 2021 near Housing Program, transportation/employment developers may be entitled hubs to request higher density land use and zoning category, if providing workforce housing units,for projects located within the Downtown Transit Oriented Development District(City Code of Ordinances, Part III, Chapter 1, Article V, Section 2.C). Page 6 Form SHIP AR/2009 67-38.008(5),F.A.C. Effective Date:5/23/2017 Impact fee modifications City's Impact fees (Parks, AHAC Review Adopted 2022 Water and Sewer) may be subsidized for new constructions of single- family affordable housing projects with SHIP funds. In conjunction with the SHIP down payment assistance; at closing the developer could receive a credit for City's impact fee paid from the SHIP Program, by meeting all of the following conditions: • Purchase price is at or below of SHIP Program Maximum Purchase Price (Maximum purchase price is updated yearly by Florida Finance Corporation) • Home buyer is income eligible to participate on the City's Purchase Assistance Program • Home buyer participates in the City's SHIP Purchase Assistance Program The Building Department will offer non- profit developers constructing Affordable Housing dwellings up to two expedited permit reviews at no cost (a credit up to $1,000.00)as long as the buyer participates in the City's SHIP Purchase Assistance Program. Support Services The Affordable Housing Advisory Committee(AHAC)is part of the review process of new policies, procedures, ordinances, regulations, and plan provisions to determine what effects if any,they may have on the cost of producing affordable units prior to passage. The City will disperse all information concerning new ordinances to the AHAC in the sufficient time needed to evaluate and comment on any impact it may have on affordable housing. Other Accomplishments N/A Availability for Public Inspection and Comments The Annual Report was made available through Public Notice on the City's website. Life-to-Date Homeownership Default and Foreclosure Total SHIP Purchase Assistance Loans: 254 Page 7 Form SHIP AR/2009 67-38.008(5),F.A.C. Effective Date:5/23/2017 Mortgage Foreclosures A. Very low income households in foreclosure: 0 B. Low income households in foreclosure: 0 C. Moderate households in foreclosure: 0 Foreclosed Loans Life-to-date: 0 SHIP Program Foreclosure Percentage Rate Life to Date: 0.00 Mortgage Defaults A. Very low income households in default: 0 B. Low income households in default: 0 C. Moderate households in default: 0 Defaulted Loans Life-to-date: 0 SHIP Program Default Percentage Rate Life to Date: 0.00 Strategies and Production Costs Strategy Average Cost Owner Occupied Rehab $54,740.88 Purchase Assistance $52,431.63 Rapid Rehousing $8,375.00 Expended Funds Total Unit Count: 9 Total Expended Amount: $546,546.75 Strategy Full Name Address City Zip Expended FY If Unit Code Funds Already Counted Owner Occupied Francis Hams 1812 S.W. 17th. Boynton Beach 33426 $26,467.25 2019-2020 Rehab Street Owner Occupied Wilfred and 216 S.E. 1st Street Boynton Beach 33435 $64,830.00 2019-2020 Rehab Joan Byam Owner Occupied Carolina 404 N.W. 16th Boynton Beach 33435 $78,277.00 Rehab Duncan Avenue Owner Occupied Doris Rivera 2091 S.W. 13th Boynton Beach 33426 $51,374.00 Rehab Avenue Purchase lesha Gosler 564 NW 11th Avenue Boynton Beach 33435 $85,000.00 Assistance Purchase Kendra Wilson 545 NW 11th Avenue Boynton Beach 33435 $50,000.00 Assistance Purchase Egain Duveme 1916 Palmland Drive Boynton Beach 33436 $25,000.00 Assistance Purchase Luxanor 1113 Lake Terrace Boynton Beach 33436 $49,726.50 Assistance Sannon Owner Occupied Lloyd Minnis 168 SE 27 Way Boynton Beach 33435 $68,171.00 Rehab _ Page 8 Form SHIP AR/2009 67-38.008(5),F.A.C. Effective Date:5/23/2017 Owner Occupied Juliette 717 Key West Street Boynton Beach 33426 $39,326.00 Rehab Mathurin Rapid Rehousing Shakendra 1510 Stonehaven Dr Boynton Beach 33436 $8,375.00 Chaney-Wright Administration by Entity Name Business Type Strategy Covered Responsibility Amount City of Boynton Beach Government Program Administration 100% $29,358.69 Program Income Program income Funds Loan Repayment: $45,140.18 Refinance: $.00 Foreclosure: $.00 Sale of Property: $.00 Interest Earned: $1,307.55 Total: $46,447.73 Number of Affordable Housing Applications Number of Affordable Housing Applications Submitted 34 Approved 15 Denied 2 Explanation of Recaptured funds Description Amount $.00 $.00 $.00 Total: $.00 Rental Developments Development Owner Address City Zip SHIP Amount SHIP Compliance Name Code Units Monitored By Single Family Area Purchase Price The average area purchase price of single family units: 315,000.00 Or Not Applicable orm 5 Page 9 Form SHIP AR/2009 67-38.008(5),F.A.C. Effective Date:5/23/2017 pecial Needs Breakdown SHIP Expended and Encumbered for Special Needs Applicants Expended Encumbered Code(s) Strategies Amount Units Amount Units 1 Purchase Assistance $49,726.50 1 3 Owner Occupied Rehab r $220,948.25 2 Special Needs Category Breakdown by Strategy Expended Encumbered Strategies Special Needs Category Amount Units Amount Units (3)Owner Occupied Rehab Receiving Veterans $26,467.25 Disability Benefits (3) Owner Occupied Rehab Receiving Social Security $64,830.00 Disability Insurance (3)Owner Occupied Rehab Receiving Supplemental $129,651.00 2 Security Income (1)Purchase Assistance Receiving Supplemental $49,726.50 1 Security Income Provide a description of efforts to reduce homelessness: The City amended the 2021-2024 LHAP to add the Rapid Re-Housing strategy to assist homeless community in Boynton Beach. In addition, the City continues to collaborate with Palm Beach County Continuum of Care(COC)for outreach and services to the City's homeless populations. The City provides information and referrals to the Palm Beach County Homeless Housing Alliance (HHA).The HHA coordinates all U.S. Department of Housing and Urban Development-COC funding for the County. The City directs all homeless referrals to the County housing service agencies. iterim Year Data Page 10 Form SHIP AR/2009 67-38.008(5),F.A.C. Effective Date:5/23/2017 Interim Year Data Interim Year 1 State Annual Distribution $775,874.00 Program Income $172,755.09 Program Funds Expended $229,353.07 Program Funds Encumbered $635,309.15 Total Administration Funds Expended $0.00 Total Administration Funds Encumbered $86,344.01) Homeownership Counseling $0.00! Disaster Funds $5,390.00t 65% Homeownership Requirement $720,309.15 92.20% (75% Construction/Rehabilitation $720,309.15 92.20% 130%Very&Extremely Low Income Requirement $680,162.22 71.29% 30% Low Income Requirement $85,000.00 8.91% 20%Special Needs Requirement $669,042.22 85.64% Carry Forward to Next Year Page 11 Form SHIP AR/2009 67-38.008(5),F.A.C. Effective Date:5/23/2017 LG Submitted Comments: Page 12 State Housint;Initiatives Partnership (SHIPI Program Annual Report and Local Housin. Incentives Certification On Behalf of The City Of Boynton Beach(Local Government), I hereby certify that: 1. The Annual Report information submitted electronically to Florida Housing Finance Corporation is true and accurate for the closeout year FY 2021-2022 and interim years FY 2022-2023. 2. The local housing incentives or local housing incentive plan have been implemented or are in the process of being implemented. Including,at a minimum: a. Permits as defined in s.163.3164(15) and(16)for affordable housing projects are expedited to a greater degree than other projects;and b. There is an ongoing process for review of local policies, ordinances,regulations,and plan provisions that increase the cost of housing prior to their adoption. 3. The cumulative cost per newly constructed housing per housing unit,from these actions is estimated to be$0.00. 4. The cumulative cost per rehabilitated housing per housing unit,from these actions is estimated to be$ 0.00. Staff Member responsible for submitting annual report to FHFC:R1 Ramirez,Community Improvement Division Manager. Witness Signatu - Date ie - ed Official or Designee igna ure Date Tammy L. Stanzione Mayor Ty Penserga Witness Printed Name Chief Elected Official or Designee Printed Name 9122'112_ Witness Signature Date NA-c ►ani- Guiuhprrsad =�lON eF`‘�� Witness Printed Name ;�O.�Q.RATE� �. �r j / \) • rj P • ATTEST(Seal) .1r 0, ••A•• y2 Aa� •....... ,%, V\--‘-)‘." Signatu Date ��` �oP: 420.9075(10) Each county or eligible municipality shall submit to the corporation by September 15 of each year a report of its affordable housing programs and accomplishments through June 30 immediately preceding submittal of the report.The report shall be certified as accurate and complete by the local government's chief elected official or his or her designee. Transmittal of the annual report by a county's or eligible municipality's chief elected official,or his or her designee,certifies that the local housing incentive strategies,or, if applicable,the local housing incentive plan,have been implemented or are in the process of being implemented pursuant to the adopted schedule for implementation.