R15-038 1 RESOLUTION R15 -038
2
3
4 A RESOLUTION OF THE CITY OF BOYNTON
5 BEACH, FLORIDA, ADOPTING THE LOCAL
6 HOUSING ASSISTANCE PLAN (LHAP), FOR STATE
7 FISCAL YEARS 2015/16, 2016/17, 2017/18, FOR THE
8 STATE HOUSING INITIATIVES PARTNERSHIP
9 (SHIP) PROGRAM; PROVIDING AN EFFECTIVE
10 DATE.
11
12 WHEREAS, in accordance with Florida Statutes Chapter 420, dedicated revenues
13 resulting from the William E. Sadowski Affordable Housing Act are distributed to various
14 municipalities that are "entitled" communities to assist with affordable housing efforts; and
15 WHEREAS, The Plan (attached hereto and made a part hereof) was initially
16 established in 1997 with input from citizens directly involved in the housing industry, and is
17 consistent with the housing element of the City's Comprehensive Plan; and
18 WHEREAS, the City finds pursuant to Chapter 420.3075(6), Florida Statutes, that
19 5% of the Local Housing Distribution is insufficient to adequately pay the necessary costs
20 of administering the Local Housing Assistance Plan, and intends to utilize the maximum
21 allowable distribution of 10 %; and
22 WHEREAS, upon the recommendation of staff, the City Commission deems it to
23 be in the best interests of the citizens and residents of the City of Boynton Beach to adopt
24 the City's Local Housing Assistance Plan (LHAP) for State Fiscal Years 2015/16, 2016/17
25 and 2017/18.
26 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF
27 THE CITY OF BOYNTON BEACH, FLORIDA, THAT:
28 Section 1. The foregoing "Whereas" clauses are true and correct and are hereby
S: \CC \WP\Resolutions\2015\R15 -038 - Adopt_LHAP 2015 -18_- _Reso.doc
1 ratified and confirmed by the City Commission.
2 Section 2. The City Commission of the City of Boynton Beach, Florida, hereby
3 adopts the City's Local Housing Assistance Plan (LHAP) for State Fiscal Years 2015/16,
4 2016/17, and 2017/18, for the continuation of the State Housing Initiatives Partnership
5 (SHIP) Program.
6 Section 3. This Resolution shall become effective immediately upon passage.
7 PASSED AND ADOPTED this 21 day of April, 2015.
8
9
10 CITY OF BOYNTON BEACH, FLORIDA
11
12 YES NO
13
14 Mayor — Jerry Taylor t�
15
16 Vice Mayor — Joe Casello
17
18 Commissioner — David T. Merker ✓
19
20 Commissioner — Mack McCray
21
22 Commissioner — Michael M. Fitzpatrick ✓
23
24
25 VOTE L O
26
27 ATTEST:
28
29
30 �� nt
31 Janet - . Prainito, MMC
32 _i Cler,
33 Y
G� O �
34
35
36 „ s .,v Seal) r
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4 O N` F'
S : \CC \WP\Resolutions\2015\R15 -038 - Adopt_LHAP 2015 -18_- _Reso.doc
CITY OF BOYNTON BEACH
STATE HOUSING INMATIVES PARTNERSHIP PROGRAM
, RN, PV 404 XV, ON al
LOCAL HOUSING ASSISTANCE PIAN (LHAP)
4 1 e
SHIP
.06..{1 Werspat Aeoa.
FISCAL YEARS COVERED
2015/2016, 2016/2017, & 2017/2018
Department of Development — Community Improvement Division
Octavia S. Sherrod, Community Improvement Manager
Debbie A. Reamsnyder, Community Improvement Specialist
TABLE OF CONTENTS
Title Page
L Program Description
A. Local Government 3
B. Purpose of the Program 3
C. Fiscal Years 3
D. Governance 3
E. Local Housing Partnership 3 -4
F. Leveraging 5
G. Public Input 5
H. Advertising & Outreach 5
I. Discrimination 5
J. Support Services & Counseling 6
K. Purchase Price Limits 6
L. Income Limits 6 -7
M. Welfare Transition Program 7
N. Monitoring/First Right of Refusal 7
0. Administrative Budget 7 -8
P. Program Administration 8
Q. Essential Service Personnel 8
R. Green Building & Energy Savings. 9
II. LHAP Housing Strategies
A. Purchase Assistance — with Rehab 9 -11
B. Purchase Assistance — without Rehabilitation 11 -13
C. Housing Rehabilitation 13 -15
D. Disaster Relief /Mitigation 15 -17
111. LHAP Incentive Strategies
A. Expedited Permitting 17
B. Ongoing Review Process • 18
C. Incentives 18 -19
IV. Exhibits
"A" Administrative Budget
"B" Timeline of Encumbrance
"C" Housing Delivery Goals Charts (HDGC)
"D" Certification
"E" Adopting Resolution
"F" Program Information Sheet
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I. PROGRAM DESCRIPTION:
A. Name of the participating local government and Interlocal if Applicable:
CITY OF BOYNTON BEACH
Interlocal: Yes No X
Name of participating local governments) in the Interlocal Agreement;
N/A
B. Purpose of the program:
Creation of the Plan is for the purpose of:
1. To meet the housing needs of the very low, low and moderate income
households.
2. To expand production of and preserve affordable housing.
3. To further the housing element of the local government comprehensive plan
specific to affordable housing.
The City of Boynton Beach's Local Housing Assistance Plan was initiated with the
adoption of Ordinance No. 97 -11 on May 6, 1997. The program was designed to
promote and implement the goals of the State Housing Initiatives Partnership (SHIP)
Program and the Housing Element to the City's Comprehensive Plan by producing
and preserving affordable housing. It is used citywide to increase affordable housing
for extremely -low income, very -low income, low- income, and moderate - income
households within the City limits. The program also helps implement the goals of
the City's Community Development Block Grant (CDBG) Consolidated Plan. The
objectives of the program will be achieved pursuant to the SHIP program through
the production, acquisition, and rehabilitation of affordable housing using funds as
provided by the SHIP Act.
C. Fiscal years covered by the Plan:
2015/2016, 2016/2017, and 2017/2018.
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.
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The City of Boynton Beach continues its partnerships with the following agencies:
The Boynton Beach Faith -Based CDC, a faith based non —profit organization and sub
recipient of Community Development Block Grant funds. This organization acts as a
Liaison between the City and its applicants, preparing them for home ownership
with counseling and the necessary hand holding that is required to home
ownership, to include the assembling of necessary documentation.
This agency is a HUD Certified Housing Counseling Agency, which conducts pre- and
post- purchase counseling workshops, as well as workshops covering major and
minor home maintenance.
The Community Caring Center of Boynton Beach, Inc. is a non- profit organization
which provides services for extremely low, very low, and low income residents of
the City of Boynton Beach. This Agency provides self - sufficiency programs that
encourage education, job training, and home ownership as one of its priorities.
The Boynton Beach Community Redevelopment Agency (CRA) has purchased and
donated land to for profit, and non - profit organizations as incentives to buy down
the cost of producing Affordable Housing. This effort compliments the City's effort
to assist potential homeowners within its Community Development area to achieve
the dream of homeownership.
Habitat for Humanity of South Palm Beach County — Continues to partner with the
City of Boynton Beach, the City of Boynton Beach Community Redevelopment
Agency, and the Boynton Beach Faith -Based CDC in the construction of new
affordable housing.
The City has sought and encouraged the participation of local realtors to provide
services as agents for its applicants in the purchasing process.
The City of Boynton Beach currently provides rent free housing in a City owned
building for the local Head Start Program, which accommodates childcare for low -
income residents in the target area.
The City of Boynton Beach does not have its own Housing Authority, but does
partner with the Delray Beach Housing Authority, The Palm Beach County Housing
Authority, and the City of West Palm Beach Housing Authorities in matters of
housing as it relates to common applicants. The City of Boynton Beach has
provided assistance to first time home buyers through the self- sufficiency
programs.
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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 match to obtain federal housing grants or programs.
Funds from the City of Boynton Beach SHIP may be leveraged with Florida Housing
Bond, CDBG, CRA, and other public funds with private sector financing to help
reduce the risk to lenders. Income generated as a result of the Neighborhood
Stabilization Programs to the Boynton Beach Faith Based Community Development
Corporation will be used to assist the City of Boynton Beach in leveraging funds to
provide homeownership opportunities to extremely -low, very-low, low, and
moderate income households.
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. Advertisin g 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.
The City of Boynton Beach distributes flyers and brochures to local churches located
in the CDBG target neighborhoods, Title XX Day care centers, the City library, the
City's Local Housing Partners and to any person or organization requesting
information on the SHIP Program. Information is available in the City of Boynton
Beach Department of Development, displayed on the City's website and in the main
lobby of the City Hall, as well as the lobbies of participating non - profits. Staff also
participates in local homebuyer fairs and workshops.
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.
The City of Boynton Beach supports The Legal Aid Society of Palm Beach County and
their Fair Housing Project in an effort to deter discrimination in housing. In addition,
Palm Beach County Fair Housing Ordinance also makes it unlawful to discriminate
against familial status, sexual orientation, or gender identity or expression, and to
that end, to prohibit discrimination in housing by any person.
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J. 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 and Transportation.
SHIP funding will be allocated during all three (3) fiscal years for providing home
ownership training and counseling for first time homebuyers as well as owners of
homes assisted through the Local Housing Assistance Program. This will be a part of
the ongoing partnership with local lenders, the Boynton Beach Faith -Based CDC,
and any other providers of this service that are identified by the City at no charge to
the applicants. These funds will defray the costs normally associated with this
service. Post purchase training will emphasize budgeting and maintenance. The
Boynton Beach Faith -Based CDC is certified as a HUD counselor.
K. Purchase Price Limits:
The sales price or value of new or existing eligible housing may not exceed 90% of
the average area purchase price in the statistical area in which the eligible housing is
located. Such average area purchase price may be that calculated for any 12 -month
period beginning not earlier than the fourth calendar year prior to the year in which
the award occurs. The sales price of new and existing units, which can be lower but
may not exceed 90% of the median area purchase price established by the U.S.
Treasury Department or as described above.
The methodology used is:
_ U.S. Treasury Department
Local HFA Numbers
X Palm Beach County maximum purchase price
The purchase price limit for new and existing homes is shown on the Housing
Delivery Goals Charts.
The maximum purchase price for a new and existing home is $215,000. The
maximum purchase price limit will be adjusted as needed in response to The Florida
Housing Finance Corporation and changes in the local real estate market.
L. 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.floridahousing.org.
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
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payments in excess of the 30% benchmark and in the case of rental housing does not
exceed those rental limits adjusted for bedroom size.
it is not the intent of the City of Boynton Beach to limit an individual household's
ability to devote more than 30% of its income for housing. If a household devotes
more than 30% of its income, it shall be deemed affordable, if the first institutional
mortgage lender and the City of Boynton Beach are both satisfied that the
0
household can afford mortgage payments in excess of the 30 % benchmark.
The City of Boynton Beach does not have a rental strategy.
M. 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.
Although the City of Boynton Beach does not have a rental strategy, we are
committed to continuing our partnership of leveraging SHIP funds with the local
Housing Authorities "Self- Sufficiency Program" located in Palm Beach County, and
the Workforce Development Program of Palm Beach County.
N. Monitoring and First Right of Refusal:
In the case of rental housing, the staff or 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 to
eligible non - profit organizations for purchase at the current market value for
continued occupancy by eligible persons.
The City of Boynton Beach does not have a rental strategy.
0. Administrative Budget:
A line -item budget of proposed Administrative Expenditures is attached as Exhibit
A.
The City of Boynton Beach 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
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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 City of Boynton Beach has determined that five percent (5 %) of the SHIP
allocation and five percent (5 %) of the program income is insufficient to adequately
pay the necessary costs of administering the local housing assistance plan. Ten
percent (10 %) of the SHIP allocation plus five percent (5 %) of program income is
necessary to cover administrative expenses for the SHIP Program. Administrative
expenses in excess of the maximum ten percent (10 %) SHIP allocation will be
supplemented by other funding sources. The City of Boynton Beach has adopted
the above findings in the attached resolution, Exhibit E.
P. Program Administration:
Administration of the local housing assistance plan will be wholly performed and
maintained by the City of Boynton Beach.
The Community Improvement Division of the City of Boynton Beach will be
responsible for the day to day operations of the SHIP Program. Administrative
functions include: advertising availability of funds and community outreach,
applicant intake and income certifications, work write -ups and inspections,
coordination with first mortgage lenders and counseling services, reviewing and
evaluating program effectiveness, and submittal of plan amendments and annual
reports to the Florida Housing Finance Corporation.
Q. Essential Service Personnel:
Define in accordance with Rule Chapter 67- 37.002(8) F.A.C. and Chapter 67-
37.005(8), F.A.C. and Section 420.9075(3)(a) FS.
The City of Boynton Beach defines Essential Service Personnel as persons in need of
affordable housing who are employed in but are not limited to the following areas:
Essential service personnel and municipal employees for the City of Boynton Beach,
teachers and educators, police and fire services, health care personnel, other public
services, child care services, retail and wholesale services, and skilled building
trades personnel.
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R. Describe efforts to incorporate Green Building and Energy Saving products and
processes (required):
Rehabilitation may be combined with Purchase Assistance, as well as being a
standalone strategy. Whatever the case, the City of Boynton Beach evaluates all
properties in order to pursue assistance with improvements and /or funding to
replace depleted assets. The City will continue its efforts to use Energy Star and /or
energy efficient products for the following components:
• Windows and doors
• Roofing materials
• Central Air /Heating Units, with a minimum 16 SEER
• Programmable Thermostats
• Insulation, with an upgrade to R -30
• Hot Water Heaters
• Water conservation utilizing "Water Sense" Technology
o Toilets, showerheads, and faucet aerators
• Hurricane Shutters
The City implemented a Green Building Program by the passage of Ordinance 11-
014, which amended Chapter Two, Article One Overview, of the City's Land
Development Regulations.
II. LHAP HOUSING STRATEGIES:
A.
Purchase Assistance -with Rehab Code 1
a. Summary of the Strategy:
This loan will assist extremely -low, very -low, low, and moderate - income
homebuyers with the purchase of a home and will provide "GAP" financing for first
mortgages to insure affordable monthly payments. Eligible costs under this
strategy may include but are not limited to down payment and closing costs on the
first mortgage and repairs needed to make the unit habitable. Eligible properties
include existing homes which need rehabilitation. Rehabilitation is defined as the
repairs or improvements needed for safe and sanitary habitation, and /or correction
of substantial code violations.
b. Fiscal Years Covered:
2015/2016, 2016/2017, and 2017/2018.
c. Income Categories to be served:
Extremely Low, Very Low, Low, and Moderate- Income Households
d. Maximum award:
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Extremely Low /Very Low $75,000
Low $60,000
Moderate $45,000
e. Terms of the award: Interest Rate, Repayment (hard pay, forgiveness), Recapture
and Default.
SHIP funds are provided as a deferred loan. There are no monthly payment
requirements associated with this loan. The loan will be a fifteen year, zero percent
(0 %) interest deferred payment loan. The deferred payment loan will be forgiven
after 15 years, providing the home remains owner occupied and honors all
requirements of the deferred payment loan. There are no prepayment penalties. A
second (subsequent) mortgage will be placed on the home. If the home is sold,
transferred, refinanced or ceases to be owner occupied prior to the term period,
which does not constitute default, the deferred payment loan is recaptured at time
of the closing and the funds are returned to the City of Boynton Beach SHIP
Program. In case of death of the homeowner, the deferred payment loan would
continue as long as an eligible heir is income eligible under the SHIP guidelines, and
resides in the dwelling. If the heir is not income eligible, the house is sold,
transferred, or refinanced, the sum of the loan would be due and payable to the
City of Boynton Beach. All loan repayments to the program will be considered as
Program Income. Recipients must execute a Promissory Note and Mortgage. The
Mortgage will be recorded in the public records of Palm Beach County.
f. Recipient Selection Criteria:
The applicant will be selected on a first -come, first - served basis, and must be
certified as very -low, low, or moderate- income as a result of third party
verifications. The potential homebuyer is required to obtain mortgage financing
from a participating lender, and must complete a homebuyer's education course
offered by participating lenders and /or community based development
organizations. The applicant must not own any other residence unless it is being
replaced with the construction of a new home though the SHIP Program.
An applicant may submit a completed SHIP application to the Boynton Beach Faith -
Based CDC for determination of eligibility at any time. Applicants are required to
provide all documentation requested for income, eligibility, and qualification
determination. Applicants must be income eligible with incomes up to 120% of the
median income as provided by HUD and distributed by Florida Housing Finance
Corporation, and adjusted to family size. Purchasers must be first time homebuyers,
to include displaced homeowners due to divorce, purchasing within incorporated
Boynton Beach, and may not currently have assets exceeding $15,000 (gifts
included in the asset calculation). If the applicant has funds that exceed the
$15,000 maximum and is income certified, he /she must commit one third (1/3) of
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1
his /her funds to be used in addition to the amount of assistance provided. The
exception to this would be if the applicant has funds in a retirement fund that can
only be accessed by termination. The LTV's must be adhered to.
Applicants who are elderly, disabled, or have household members with autism,
mentally challenged, Down syndrome, cerebral palsy, or spina bifida will receive
priority.
g. Sponsor Selection Criteria, if applicable:
Include qualification system and selection criteria for applications for Awards
to eligible sponsors.
Not applicable.
h. Additional Information:
Each applicant will be responsible for a minimum of three and a half percent
(3.50 %) towards down payment /closing costs, and /or the financial institution's
processing fee. The purchase of the first year's premium of homeowner's insurance
is in addition to the three and one half percent.
Energy efficiency and green housing related repairs shall be encouraged. Repairs
shall also be guided by the minimum building code which is the 2014 Florida
Building Code Residential.
B.
Purchase Assistance - without Rehab Code 2
a. Summary of the Strategy:
This loan will assist extremely -low, very -low, low, and moderate - income
homebuyers with the purchase of a home and will provide "GAP" financing for first
mortgages to insure affordable monthly payments. Eligible costs under this
strategy may include but are not limited to down payment and closing costs on the
first mortgage. Eligible properties include newly constructed homes (built within 12
months of closing) or existing homes.
b. Fiscal Years Covered:
2015/2016, 2016/2017, and 2017/2018.
c. Income Categories to be served:
Extremely Low, Very Low, Low, and Moderate - Income Households
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d. Maximum award is noted on the Housing Delivery Goals Charts:
Extremely Low /Very Low $60,000
Low $45,000
Moderate $30,000
e. Terms, Recapture Program Income and Default.
Include terms of recapture in the event of default (failure to make required payments
on a loan secured by a first mortgage which leads to foreclosure and/or loss of
property ownership).
SHIP funds are provided as a deferred loan. There are no monthly payments
requirements associated with this loan. The loan will be a fifteen year, zero percent
(0 %) interest deferred payment loan. The deferred payment loan will be forgiven
after 15 years, providing the home remains owner occupied and honors all
requirements of the deferred payment loan. There are no prepayment penalties. A
second (subsequent) mortgage will be placed on the home. If the home is sold,
transferred, refinance or ceases to be owner occupied prior to the term period,
which does not constitute default, the deferred payment loan is recaptured at time
of the closing and the funds are returned to the City of Boynton Beach SHIP
Program. In case of death of the homeowner, the deferred payment loan would
continue as long as an eligible heir is income eligible under the SHIP guidelines, and
resides in the dwelling. If the heir is not income eligible, the house is sold,
transferred, or refinanced, the sum of the loan would be due and payable to the
City of Boynton Beach. All loan repayments to the program will be considered as
Program Income. Recipients must execute a Promissory Note and Mortgage. The
Mortgage will be recorded in the public records of Palm Beach County.
f. Recipient Selection Criteria:
The applicant will be selected on a first -come, first- served basis, and must be
certified as very - low, low, or moderate income as a result of third party
verifications. The potential homebuyer is required to obtain mortgage financing
from a participating lender, and must complete a homebuyer's education course
offered by participating lenders and /or community based development
organizations. The applicant must not own any other residence unless it is being
replaced with the construction of a new home though the SHIP Program.
An applicant may submit a completed SHIP application to the Boynton Beach Faith -
Based CDC for determination of eligibility at any time. Applicants are required to
provide all documentation requested for income, eligibility, and qualification
determination. Applicants must be income eligible with incomes up to 120% of the
median income as provided by HUD and distributed by Florida Housing Finance
Corporation, and adjusted to family size. Purchasers must be first time homebuyers,
to include displaced homeowners due to divorce, purchasing within incorporated
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Boynton Beach, and may not currently have assets exceeding $15,000 (gifts
included in the asset calculation). If the applicant has funds that exceed the
$15,000 maximum and is income certified, he /she must commit one third (1/3) of
his /her funds to be used in addition to the amount of assistance provided. The
exception to this would be if the applicant has funds in a retirement fund that can
only be accessed by termination. The LTV's must be adhered to.
Applicants who are elderly, disabled, or have household members with autism,
mentally challenged, Down syndrome, cerebral palsy, or spina bifida will receive
priority.
g. Sponsor Selection Criteria, if applicable:
Include qualification system and selection criteria for applications for Awards
to eligible sponsors.
Not applicable.
h. Additional Information:
Each applicant will be responsible for a minimum of three and a half percent
(3.50 %) towards down payment /closing costs, and /or the financial institution's
processing fee. The purchase of the first year's premium of homeowner's insurance
is in addition to the three and one half percent.
C.
Rehabilitation Code 3
a. Summary of the Strategy:
This loan will assist homeowners with needed repairs as defined by Chapter 67 -37,
Florida Administrative Code. The City of Boynton Beach passed a Community
appearance Code Ordinance in 1996. The result of stepped -up code enforcement
has made rehabilitation a cost burden for many extremely low, very low, and low
income residents. Rehabilitation is defined as the repairs or improvements needed
for safe and sanitary habitation, and /or correction of substantial code violations.
This program will address repairs for single family, owner - occupied detached
houses within incorporated Boynton Beach. Applicants cannot own another
residence. Repairs of an emergency nature, as determined by the City of Boynton
Beach's Construction Coordinator, are given priority. Mobile homes and rental
units are not eligible for assistance in this strategy.
b. Fiscal Years Covered:
2015/2016, 2016/2017, and 2017/2018.
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c. Income Categories to be served:
Extremely -Low, Very -Low, Low, and *Moderate- income Households.
*Moderate income residents will be considered only for code /safety related
repairs.
d. Maximum award is noted on the Housing Delivery Goals Charts:
Extremely Low Income Households $50,000
Very Low and Low Income Households $50,000
Moderate - income Households $20,000
e. Terms, Recapture, Program Income and Default:
Include terms of recapture in the event of default (failure to make required
payments on a loan secured by a first mortgage which leads to foreclosure
and/or loss of property ownership).
SHIP funds are provided as a deferred loan. There are no monthly payments
requirements associated with this loan. The deferred loan will be partially forgiven
each year over a fifteen -year period, at the conclusion of which the debt will be
considered satisfied. There are no prepayment penalties. If at any time during the
fifteen -year period the property is sold, refinanced, rented or ceases to be owner -
occupied, which does not constitute default, the loan recipient shall pay to the City
the remaining balance of the loan. In case of death of the homeowner, the
deferred payment loan would continue as long as the heirs of the deceased reside
in the property. If the house is sold, transferred, or refinanced, the balance of the
loan would be due and payable to the City of Boynton Beach. All loan repayments
to the program will be considered as Program Income. Recipients must execute a
Promissory Note and Mortgage. The Mortgage will be recorded in the public
records of Palm Beach County.
f. Recipient Selection Criteria:
An applicant may submit a completed SHIP application to the City of Boynton Beach
for determination of eligibility at any time. Applicants are required to provide all
documentation requested for income, eligibility, and qualification determination.
Applicants must be income eligible with incomes up to 120% of the median income
as provided by HUD and distributed by Florida Housing Finance Corporation, and
adjusted to family size. If the applicant has funds that exceed the $15,000
maximum and is income certified, he /she must commit one third (1/3) of his /her
funds to be used in addition to the amount of assistance provided. The exception
to this would be if the applicant has funds in a retirement fund that can only be
accessed by termination. Applications are processed on a first -come, first - served
basis. Applicants may not own any other residence; and must own, occupy, and
homestead the home being rehabilitated for the duration of the deferred payment
loan. All property taxes and mortgage payments must be current. Applicants are
required to have property insurance.
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Applicants who are elderly, disabled, or have household members with autism,
mentally challenged, Down syndrome, cerebral palsy, or spina bifida will receive
priority.
g. Sponsor Selection Criteria, if applicable:
Include qualification system and selection criteria for applications for Awards
to eligible sponsors.
Not applicable.
h. Additional Information:
Eligible repairs may include, but are not limited to cost of labor and materials for:
i. Installation and /or repairs of sanitary water and waste, disposal systems,
together with related plumbing and fixtures, which meet local health
department requirements
ii. Energy conservation measures such as installation of energy efficiency
door and windows
iii. Repair or replacement of heating and /or cooling systems with high
energy efficient 16 SEER or higher
iv. Electrical upgrading
v. Repair or provision for structural support and foundation
vi. Replacement of seriously deteriorated siding, porches, or stoops
vii. Alteration of the unit's interior or exterior to provide greater
accessibility for any family member that may be physically impaired or
have mobility problems
viii. Repair or replacement of roofing system
ix. Replacement housing to provide GAP financing to the following
households of extremely low, very low, and low incomes; with priority
given to the elderly (62 +), and /or medically /physically impaired
homeowners in these income categories, residing in homes deemed not
viable for rehabilitation. Demolition of existing property, construction
cost of replacement home on the same lot or new location selected by
the City of Boynton Beach, and /or the purchase of an existing home.
Energy efficiency and green housing related repairs shall be encouraged. Repairs
shall also be guided by the minimum building code which is the 2014 Florida
Building Code Residential.
D.
Disaster Repair /Mitigation Code 5
a. Summary of the Strategy
Disaster Repair:
In the event of a natural disaster declared by Executive Order, SHIP funds that have
- 15 -
not been encumbered will be used to leverage available federal and state funds to
provide assistance to income eligible households for the purpose of repairing
eligible housing, providing assistance with insurance deductibles, and obtaining
short term temporary housing. Although mobile homes and rental units are not
eligible for repair assistance in this strategy, the residents of these units may be
eligible for assistance for emergency housing.
Disaster Mitigation:
This program is designed to assist homeowners secure and protect their property
against hurricane force winds. The funds will assist the home owner with the
purchase of hurricane shutters and impact rated doors. Accordion shutters will be
installed on the property.
b. Fiscal Years Covered:
2015/2016, 2016/2017, and 2017/2018.
c. Income Categories to be served:
Extremely -Low, Very -Low, Low, and Moderate Income Households.
d. Maximum award is noted on the Housing Delivery Goals Charts:
$10,000.
e. Terms, Recapture and Default. Include terms of recapture in the event of
default (failure to make required payments on a loan secured by a first
mortgage which leads to foreclosure and/or loss of property ownership).
Disaster Repair:
The SHIP funds are provided in the form of a grant, not requiring households to
repay funds used for disaster relief. In the event the City Of Boynton Beach
Receives reimbursement from federal or state sources, such repaid funds will be
utilized in accordance with the approved Housing Assistance Plan in effect at the
time funds are disbursed.
Disaster Mitigation:
The SHIP funds are provided as a deferred loan. There are no monthly payment
requirements associated with this loan. The deferred loan will be partially forgiven
each year over a ten (10) year period, at the conclusion of which the debt will be
considered satisfied. In at any time during the ten year period the property is sold,
refinanced, rented or ceases to be owner - occupied, which does not constitute
default, the loan recipient shall pay to the City the remaining balance of the loan.
All loan repayments to the program will be considered as Program Income.
recipients must execute a Promissory Note and Mortgage. The Mortgage will be
recorded in the public records of Palm Beach County.
-16-
f. Recipient Selection Criteria:
An applicant may submit a completed SHIP application to the City of Boynton Beach
for determination of eligibility at any time. Applicants are required to provide all
documentation requested for income, eligibility, and qualification determination.
Applicants must be income eligible with incomes up to 120% of the median income
as provided by the State and adjusted to family size. Applications are processed on
a first -come, first - served basis. Applicants may not own any other residence; and
must own, occupy, and homestead the home being rehabilitated for the duration of
the deferred payment loan. The property must be located within incorporated
Boynton Beach.
Applicants who are elderly, disabled, or have household members with autism,
mentally challenged, Down syndrome, cerebral palsy, or spina bifida will receive
priority.
g. Sponsor Selection Criteria, if applicable:
Include qualification system and selection criteria for applications for Awards
to eligible sponsors.
Not applicable.
h. Additional Information:
Disaster Repair:
Purchase of emergency supplies for eligible households to weatherproof damaged
homes, interim repair to avoid further damage, tree and debris removal required to
make individual housing unit habitable, and post disaster assistance with non -
insured repairs, as well as assistance with insurance deductibles.
Disaster Mitigation:
Moderate income applicants must match dollar for dollar all funds needed to
protect the residence from hurricane damage. The funds will be collected at closing
from the applicant and placed in an escrow account to be dispersed upon
completion of the installation.
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 420.9076
FS.
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 see below under C. Adopted Incentives.
- 17 -
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:
Please see below under C. Adopted Incentives.
C. Adopted Incentives
• The Expedited process of permits for Affordable Housing Projects.
The Department of Development has been responsible for processing and facilitating affordable
housing projects. The Community Improvement and Plan Review staff will oversee the projects
certified as "affordable" through the review process in an effort to make sure that they are
processed with three to five (3 -5) days. This division will be the developer's point of contact for all
questions concerning the review process. The Plan Review Administrator will be responsible for
expediting the building permitting process for affordable housing projects. He has designated
individuals who have successfully guided and given these projects top priority. Staff will continue to
obtain training in affordable housing development.
• The modification of impact fee requirements including reduction of waiver of fees and other
methods of fee payment for affordable housing.
There is currently no provision for waiving impact fees. However, the City of Boynton Beach has in
the past funded the Infill Construction Program from the general fund. These funds subsidized the
cost of new construction for affordable units by paying permit and impact fees for new
construction for very low and low- income families building new affordable home within the CDBG
target area. Palm Beach County allows existing use credit for residential construction on vacant lots
that had prior residential use. This credit applies to the residential and road impact fees, and can
yield savings for up to two thousand dollars per home. Participating builders of affordable housing
will be encouraged to apply for this credit and pass it on to the homebuyer. The City Manager will
be petitioned to waive payment of development application, plan check and permit fees for all
eligible projects certified affordable housing projects.
• The reservation of infrastructure capacity for housing for very-low income and low - income
persons.
A reservation mechanism is not necessary, as adequate capacity exists to serve any Infill project
initiated within the CDBG target area. This assumption regarding roads, utilities and recreation is
based on available acreage and density limits of the Future Land Use Map of the Comprehensive Plan.
State concurrency laws require us to maintain adequate public facilities for everyone and build new
facilities once we reach 90% capacity.
-18-
Ill
• The reduction of parking and setback requirements for affordable housing.
Current regulations require off street parking for two (2) vehicles. In an effort to maintain the value of
property, while at the same time not causing any adverse effect on affordable housing, there shall not
be modifications to current regulations governing this issue.
Setback requirements in the targeted area require a frontage of 25 feet. The city has in the past
worked effectively with developers in an effort to design and produce units that have dealt with this
effort without causing any adverse effect on affordable housing. The City will maintain this flexible
practice with dealing with this issue on a case -by -case basis as needed.
• The allowance of zero lot -line configurations for affordable housing.
The existing minimum lot size requirements in the CDBG area is to be sufficient enough to
accommodate the desired development of affordable housing.
• The modification of street requirements for affordable housing.
Due to concerns for safety and aesthetics, there will be no modifications to current regulations
governing streets. In the older platted sections, waivers of sidewalk requirements have been granted
for developers on a case -by -case basis. These variances are usually granted in areas that are generally
consistent with the surrounding area. Consideration may be made in instances where costs involved
will hinder producing affordable units. CDBG dollars will be expended on many streets within the
target areas to install sidewalks and curbing. Efforts to avoid the variance process with certification of
those areas consistent with no sidewalks by the developer will be ongoing. The liaison from the
Department of Development will expedite this certification process for affordable housing projects.
• The establishment of a process, which the City of Boynton Beach considers, before the
adoption of any new legislation that may increase the cost of housing.
The Department of Development's various divisions, particularly the Community Improvement
Division , will review any and all 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 their
passage. The City Manager will disperse all information concerning ordinances in sufficient time
needed to evaluate and comment on any impact it may have on affordable housing.
• The preparation of printed inventory of locally owned public lands suitable for affordable
housing.
The Community Improvement Division maintains maps 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. The City funds land acquisition in an effort to acquire land for potential pre - qualified
homebuyers. This effort has resulted in considerable cost saving in the production of affordable units.
-19-
1
IV. EXHIBITS:
A. Administrative Budget for each fiscal year covered in the Plan.
B. Timeline for Encumbrance and Expenditure:
C. Housing Delivery Goals Chart (HDGC) For Each Fiscal Year covered in the Plan:
D. Signed Certification.
E. Signed, dated, witnessed or attested adopting Resolution.
F. Program Information Sheet.
-20-
Exhibit "A"
ADMINISTRATIVE BUDGET FOR EACH FISCAL YEAR
City of Boynton Beach
Fiscal Year 2015/2016
Estimated Allocation for Calculating $ 320,000.00
Salaries and Benefits $ 31,000.00
Office Supplies and Equipment $ 300.00
Travel Perdiem Workshops, etc $ 400.00
Advertising $ 300.00
Other $ -
TOTAL $ 32,000.00 10%
h: s
Fiscal Year 2016/2017
Estimated Allocation for Calculating $ 320,000.00
Salaries and Benefits $ 31,000.00
Office Supplies and Equipment $ 300.00
Travel Perdiem Workshops, etc $ 400.00
Advertising $ 300.00
Other $ -
TOTAL $ 32,000.00 10%
,> . -•;, ..:.. .o r ", ?f a .r.y ',g 2.J'X4;� rASZ 'S.t `,.. . . ■
Fiscal Year 2017/2018
Estimated Allocation for Calculating $ 320,000.00
Salaries and Benefits $ 31,000.00
Office Supplies and Equipment $ 300.00
Travel Perdiem Workshops, etc $ 400.00
Advertising $ 300.00
Other $ -
TOTAL $ 32,000.00 10%
TIMETABLE FOR STATE FISCAL YEAR: 2015/2018 Exhibit , 8"
Name of Local Government City of Boynton Beach
Mark each box be that carrecponda with each actvity for that month
w
-; § kp¢ 2911 4027 ''''''''''''2017-301‘' e }+ ,2016
- MOM 7 a ' ! ]L t11.. 12 1 2 lE L ' = ''6, _ 7 6 ! 70 1.1T! 327 a ''''.# 4 0 it 12 1 2 . 5 4 '4,,, 5 5 ; 7 6 5 14 11 22
MvartMA e& • Ohm . III
App➢catton Period (an-Gehl ..
Annwl Rcpert j �.
11 raarRarkw /A moms - .
FM- rwRwlwv /Aqu nenh, ■ , t
Ene embran . Deadline _
r Eapendiam U Deadline _� ■ ■
Flmi ptoeer Review
Exhibit °S"
TIMETABLE FOR STATE FISCAL YEAR: 2016/2019
Name of Local Government: City of Boynton Beach
Mark each box below that corres ponds with each adwkyfor that month
�. ,
_ ,. _ s V . -
r "r '4-.s �1 'mss lW7,ZCt1 "
- • Y f 10 it i2 1 :2 �A" I {i 5 6 7 a :.; , 31 12 ! a i �.. i � . 7 . f 'till 1 2. i2
�� ��aE_ •
PM— . MI= Mum •
Annual It • 111111
MIR
Illa 111111
End-Year %Maw • ..•
IAII
Ate• _ _ �._ wt._ _
Exhibit "B"
TIMETABLE FOR STATE FISCAL YEAR: 2017/2020
Name of Local Government: City of Boynton Beach
Mack h box blow that mrrespo,4 with ead� actvity for that month
1 T?" d Veer' g,, - 1017402 t 3 k71tA! { ... - i +l 1931ani9 .. h ;;` 7g2C �.,
AtitVttlec ; �, _..'' "� : i .. 7 °�'�` -- t1 t {.; >` $ r• ,^3 ` 1 ' E .¢ I $ ::; 9 . m 11 11 ,.,2 ..Y `.. E 6 7...i t 4 30 37, .. 2 $ 4 5 f 7 E ` .fA 11 u
44/4414.4 Avelablityat Funds 1•■■ :
s.aUOn MdoO .
1YeNad R .. • II . • 1■ .. ■ ■I • heaMnwr awk w /4 •
Hd -rem MVlawJAlpNaeats • ... ■ • ■■■
11 I llat
Ntnl AwMw _ ■■ • _-1 Li
Engstrebnwee Deadline
..� _._.�......,. . �� � , . ..�.., . .....o _. .i • ■r
I 1 1
1 1 Exhibit "C ---
, _ _ . _
FLORIDA HOUSING FINANCE CORPORATION Please check applkable box
HOUSING DEUVERY GOALS CHART New Plan: X
2015-2016 .
1 Amendment:
Fiscal Yr. Closeout: 2018
. . ,.. ..,_ . ... .. .... .,— . — _
Name of Local Government: - City of Boynton Beach Allocation: 5320,000.00
— . . .— ,..... .-- .--
A 8 C D E F
Without
I Strategy # HOME OWNERSHIP VII Max. SHIP U Max. SHIP MI Max. SHIP New Construction Rehab/Repair Total Total Total
Construction
Fro STRATEGIES (strategy title must be Units Award Units Award Units Award SHIP Dollars SHIP Dollars SHIP Dollars SHIP Dollars Percentage Units
ext
same as the title used in plan text.
, A 1 Purchase Assistance w/Rehab 1 $75,000 1 560,000 $45,000 5135,000.00 $135,000.00 47.19% 2
8 Purchase Assistance w/out Rehab 1 560,000 $45,000 $30,000 5105,000.00 $105,000.00 32.81% 2
3 Rehabilitation $50,000 550,000 1 520,000 $20,000.00 $20,000.00 6.25% 1
0 5 Disaster Repair/Mitigation 510,000 1 510,000 1 510,000 528,000.00 $28,000.00 8•75% 3
50.00 0.00% o
50.00 0.00% 0
$0.00 0.03% 0
$0.00 0.00% 0
Subtotal 1 (Home Ownership) 3 3 2 5105,000.00 5183,000.00 50.00 $288,000.00 90.00% 8 ,
IMIll II■MllIlIllI•1111lMIIIIIIIIIIIIIIIIIIIIIIIIMI■1111■IIIIIIIII■1lNMIII■M•IIIIIIIIIIIIIIIIII■
■NINE i■=.....s.....I.■■•.....a.••.•■•.• ......•••••••••.■m■N■B.......m•
VU Max. SHIP LI Max. SHIP MI Max. SHIP New Construction Rehab/Repair 111M01.1 Total Total Total I
1. Units Award Units Award Units Award SHIP Dollars SHIP Dollars SHIP Dollars SHIP Dollars Percentage Units
• N/A 50.00 0.00% 0 .
'
$0.00 0.00% o
So.00 o.00% o
50.00 o.00%
o
Om o.00% o
Subtotal 2 (Non-Home Ownership) 0 0 - 0 50.00 $0.00 $0.00 50.00 0.00% 0
Administration Fees 532,000.00 10.00%
• . • min. From Program Income 0.00%
Home Ownership Counseling
111111•M■11111111111■11111■=111111111111111■■•11•1111111111111111=•■■11111111111111111111•1■111111111111111111111111111111111111111■■■••■
GRAND TOTAL
Add Subtotals 1 & . lus all Admin. . 3 2 $105 000.00 $183 000.00 0.00 320 000.00 100.00% 8
lMil•IMIIMIMMMMMMIIMIIIMMIMIMl■MMMNMMMMIMIIMMIOMMMMMMNMM/IllMIMIM MIMI
Percentage Construction/Rehab Calculate Constr./Rehab Percent. by adding Grand Total Columns A&B, then divide by Annual Allocation Amt. 9096 ■
I Maximum Allowable 11.= IMMIIIIM=
Purchase Price: New $215,000 Existing $215,000
1 ■
Allocation Breakdown Amount % Projected Program Income: Max Amount Program Income For Admin: $0.00 —
I
Very-Low Income 5145,000.00 45.3% M Projected Recaptured Funds: I
•
Low Income 5115,000.00 35.9% Distribution: 5320,000.00
Moderate Income 530,000.00 .11111111=01 Total Available Funds: 5320,000.00 - i
$290,000.00
TOTAL 90.6%
, __
I � �
r ,
[Exhibit "C''
FLORIDA HOUSING FINANCE CORPORATION Please check applicable box
HOUSING DELIVERY GOALS CHART New Plan: X
2016 -2017 Amendment:
Fiscal Yr. Closeout: 2019 '
Name of Local Government: rCity of Boynton Beach i Estimated Funds: $320,000.00
\
i I J fn wu.� OWNERSHIP D Total 1 F
HOME OWNERSHIP VLI Max. SHIP U Max SHIP MI Max. SHIP New Construction Rehab/ /Repair Total Total Total
STRATEGIES (strategy title must be
Code same as the title used in plan text. Units Award Units Award Units Award SHIP Dollars SHIP Dollars SHIP Dollars SHIP Dollars Percen tage Units
,
i1 Purchase Assistance w /Rehab 1 575,000 1 560,000 545,000 5135,000.00 5135,000.00 42.19% 2
12 1 560,000 1 545,000 530,000 5105,000.00 5105,000.00 3221% 2
3 Rehabilitation 550,000 550,000 1 520,000 520,000.00 520,000.00 6.25% 1
5 Disaster Repair /Mitigation 1 510,000 1 510,000 1 510,000 528,000.00 528,000.00 8.75% 3
50.00 0.00% 0:
50.00 0.00% 0
1 50.00 0.00% 0I
50.00 0.00% 0 i
Subtotal 1 (Home Ownership) 3 3 2 5105,000.00 5183,000.00 50.00 5288,000.00 90.00% 8
RENTAL VLI Max. SHIP U Max. SHIP MI Max. SHIP New Construction Rehab /Repair wiuwui Total Total Total
STRATEGIES Units Award Units Award Units Award SHIP Dollars SHIP Dollars SHIP Dollars SHIP Dollars Percentage Units
N/A $ 0.00% 0 '
50.00 0.00% 0
50.00 0.00% 0
50.00
0.00% 0
50.00 0.00% 0:
Subtotal 2 (Non Home Ownership) 0 0 I 0 $0.00 $0.00 $0.00 $0.00 0.00% 0 E
Administration Fees 532,000.00 10.00%
Admin. From Program Income i 0.00%
Home Ownership Counseling I 0.00%
GRAND TOTAL -- -.
Add Subtotals 1 & 2, plus all Admin. 3 3 2 5105,000.00 5183,000.00 50.00 $320,000.00 100,00% 8 ;
Percentage Construction /Rehab Calculate Constr. /Rehab Percent. by adding Grand Total Columns A&B, then divide by Annual Allocation Amt. 90% i
Maximum Allowable
Purchase Price: New 5215,000 Existing $215,000
1 l _ 1
Allocation Breakdown Amount % Projected Program Income: Max Amount Program income For Admin: $0.00 —1
Very-Low Income 5145,1700.00 453% Projected Recaptured Funds: _
Low Income 5115,000.00 35.9% Distribution: 5320,000.00 I
Moderate Income 528,000.00 8.8% Total Available Funds: 5320,000.00 1
TOTAL $288,000.00 90.0%
r _._
_ _ ,
FLORIDA HOUSING FINANCE CORPORA710N -
Please check a ..licablebox ---1
HOUSING DEUVERY GOALS CHART New Plan: X
2017-2018 Amendment:
[ I . _ t_ ._1 _ .. Fiscal Yr. Closeout 2020
Name of Local Government: !City of Boyn Beach 1 = Estimated Funds: $320,000.00 li
I A B C D E F
HOME OWNERSHIP VLI Max. SHIP LI Max. slit!) MI Max. sHip New Construction Rehab/Repalr Total Total Total
" ' ' ' • '
STRATEGIES (strategy title must be
Code Units Award Units Award Units Award SHIP Dollars SHIP Dollars SHIP Dollars SHIP Dollars Percentage Units
same as the title used In plan text.
.1 Purchase Assistance w/Rehab 1 575,000 1 560,000 545,000 5135,000.00 5135,000.00 42.19% 2 i
2 Purchase Assistance w/out Rehab 1 $60,000 1 $45,000 530,000 5105,000.00 5105,000.00 32.81% 2
,3 Rehabilitation 550,000 $50,000 520,000 520,000.00 520,000.00 6.2596 1
;5 Disaster Repair/Mitigation 1 510,000 1 510,000 1 510,000 528,000.00 $28,000.00 8.75% 3 :
50.00 0.00% 0
$0.00 0.00% 0
50.00 0.0096 0
50.00 0.00% 0
Subtotal 1 (Home Ownership) 3 3 2 5105,000.00 5183,000.00 50.00 5288,000.00 90.0096 8
IIIIIMEM
! ■••■••• ■su imome■■ isom■ mamenan■ 111111MIMINIMINI1M11111 ......
I-- RENTAL
S VLI
Max. SHIP
Award 1.1 Max. SHIP MI Max. SHIP New Construction Rehab/Repair .1110111.11.
Units Award Units Award SHIP Dollars SHIP Dollars .. .. ... _
SHIP Dollars Total Total Total
STRATEGIE Units
---:
SHIP Dollars Percentage Units
N/A $0.00 0.0096 0
50.00 0.0096 0
• 50.00 0.00% 0
50.00 0.0096 0
50.00 0.00% 0
Subtotal 2 (Non-Home Ownership) 0 0 0 50.00 $0.00 $0.00 50.00 0.00% 0 i
■
Administration Fees 532,000.00 10.00%
• Admin. From Program Income I ■ 0.0096
Home Ownership Counseling 0.00%
1 IMMIIIIIIIIIIIIIIIIMIO■IIINIIIIIIIII■MMIIIIIIIIIIIIIINI■111111■III■1IIIIIMMIIIMIIIMIIIIIIIIIIII
GRAND TOTAL
Add Subtotals 1 & 2, . lus ail Admin. & 3 WEI 2 5105,000.00 183 000.00 50.00 5320,000.00 100.0096 8;
Percentage Construction/Rehab Calculate Constr./Rehab Percent. by adding Grand Total Columns A&8, then divide by Annual Allocation Amt. i
90 %
•
1 iliMi MEM= New 5215,000 Existing 5215,000
•
. 1
Allocation Breakdown Amount % Projected Program Income: Max Amount Program Income For Admin: 50.00 - 1
Very-low Income 5145,000.00 45.3% Projected Recaptured Funds: -1
_ _ i
Low Income 5115,000.00 35.9% Distribution: 5320,000.00 ,
Moderate Income 528,000.00 8.8% otal Available Funds: 5320,00moo
i
*TAL 5288,000.00 90.0% ____ _ _
Exhibit "D"
CERTIFICATION TO
FLORIDA HOUSING FINANCE CORPORATION
Name of Local Government: City of Boynton Beach
(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 within 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 possible.
1
(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 not been implemented.
(except for Miami Dade County)
44 1/4424-1-4-4
Witness Chief Elected Official or designee
Lori LaVerriere, City Manager
Witness Type Name and Title
Date
•
OR
y
Approved As to Form:
A �SeIJ Al ttest':
�. f, l' l ..��
•
City Attorney /
J
2
Exhibit "F"
STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAM
INFORMATION SHEET
LOCAL GOVERNMENT: City Of Boynton Beach
CHIEF ELECTED OFFICIAL: Gerald Taylor, Mayor
ADDRESS: 100 E. Boynton Beach Blvd., Boynton Beach, Florida 33435
SHIP ADMINISTRATOR: Octavia S. Sherrod, Community Improvement Manager
ADDRESS: 100 E. Boynton Beach Blvd., Boynton Beach, Florida 33435
TELEPHONE: (561) 742 -6066 FAx: (561) 742 -6089
EMAIL ADDRESS: sherrodo@bbfl.us
ALTERNATE SHIP CONTACT: Debbie A. Reamsnyder, Community Improvement Specialist
TELEPHONE: (561) 742 -6066 FAx: (561) 742 -6089
EMAIL ADDRESS: reamsnyderd@bbfl.us
LOCAL GOVERNMENT EMPLOYER FEDERAL I.D. NUMBER: 59- 6000282
PLEASE ATTACH THIS FORM AS EXHIBIT "F" AND SUBMIT ALONG WITH YOUR COMPLETED LHAP.
III