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O97-21ORDINANCE NO. O97-,,.~'/ AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA AMENDING SECTION 8 OF ORDINANCE NO. O97-11 TO PROVIDE FOR THE ADOPTION OF A HOUSING INCENTIVE PLAN AS REQUIRED BY FLORIDA STATUTES; PROVIDING FOR CONFLICTS, SEVERABILITY AND AN ~EFFECTIVE DATE. WHEREAS, the State Housing Initiatives Partnership Act ("Act"), Section 420.907 et seq., Florida Statutes, provides for the establishment of local housing assistance programs; and WHEREAS, The City Commission of the City of Boynton Beach, Florida adopted Ordinance No. 097-11 on May 6, 1997, providing for the establishment of a local assistance program pursuant to the requirements of the State Housing Initiatives Partnership Act, and providing for the implementation and administration of the program, and providing for the establishment of an affordable housing assistance trust fund; and WHEREAS, City staff has determined that Section 8 of Ordinance No. 097- 11 should be.amended to provide that the City will adopt a Housing Incentive Plan within one year, to assure the City's eligibility for funding under this program; and WHEREAS, the City Commission deems it to be in the best interests of the citizens and residents of the City to amend Section 8 of Ordinance No. O97-11 to assure that the City is eligible for state funding under the State Housing Initiatives Partnership Act for the purpose of establishing a local affordable housing assistance program; NOW THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, THAT: Section 1. Section 8, Adoption of the Affordable Housing Incentive Plan, of Ordinance No. O97-11 is hereby amended as follows: Section 8. ADOPTION OF THE AFFORDABLE HOUSING INCENTIVE PLAN. ....... ; ......~ ....... ;*~ *~ ...... ~ ..... *" ~*~" ~"* The City will within one (1) year of adoption of Ordinance No. O97-11, adopt a Housing Incentive Plan as required by Florida Statutes. Section 2. All ordinances or pa~s of ordinances in conflict herewith are hereby repealed. ~ection 3. Each and eve~ other provision of Chapter 2 not herein specifically amended shall remain in full force and effect as previously enacted. Section 4. Should any section or provision of this Ordinance or any portion thereof be declared by a court of competent jurisdiction to be invalid, such decision shall not affect the remainder of this Ordinance. SectionS. This Ordinance shall become effective immediately upon passage. FIRST READING this ,~ day of June, 1997. SECOND, FINAL READING AND PASSAGE this z'Z' day of June, 1997. CITY OF BOYNTON BEACH, FLORIDA ATTEST: Vice Mayor / ~-~o~~rComr~i~sio ner ~,,,,,,,,.y~._~ CITY OF BOYNTON BEACH STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAM LOCAL HOUSING ASSISTANCE PLAN For State Fiseai Years 199%98, 1998-99, and 1999-2000 To: From: Date: Subject COMMUNITY REDEVELOPMENT DEPARTMENT MEMORANDUM #97-009 Honorable Mayor, Vice Mayor and City Commission Wilfred Hawkins, Assistant to the City Manager ~ April 15, 1997 Local Housing Assistance Plan RECC Staff recommends Partnership (SHIP) Pro in order to accept funds the City's Affordable supports the City of Boynton the adoption of an ordinance pursuant to the State Housing Initiatives ordinance is required by the State of Florida Housing Finance Agency allocated for our jurisdiction for the continued implementation of Secondly, staff recommends a motion to adopt a resolution that Housing Assistance Plan EXPLANATION: The William E. Sadowski signed into law on July 7, 1992. This housing which will in pan, be Housing Initiatives Program (SHIP). 97/98, $307,000 FY98/99, $307,000 FY Act, which is now part of Florida Statutes Chapter 420, was a dedicated revenue source for affordable the State to various local governments through the State Beach anticipates receiving $307,000 in FY Municipalities, in order to qualify for which contsins certain specific provisions. ordinance includes the designation creation of an Affordable Housing Advisory advisory board, and the establishment of a Local of funds, must adopt an affordable housing plan attached contains these provisions. The depository for funds received, and the to provide community input on housing needs as the Partnership as required by the SHIP program. PROGRAM IMPA~ : i~se SHIP funds will play an major p~rt in continuing the C frrts in improving the housing stock the older, more depressed neighborhood. At this time the curr~nt allocation is $307,068.00, of which staffhas recommended that the maximum often percent of these fun~s be used for administering this program, which equ~m m ~30,700.00 annually. Not to receive the funds and continue to fund the programs from ~e general fund. \ CERTIFICATE TO FLORIDA HOUSING FINANCE AGENCY CITY OF BOYNTON BEACH FLORIDA 1) The local government will advertise the availability of SHIP funds pursuant to Florida Statutes. 2) 3) 4) 5) O) 8~ 9) 10) ll) All SHIP funds will be expended in a manner which will insure that there will be no discrimination on the basis of race, creed, color, age, sex, familial status, handicap, religion or national origin. A process for selection of recipients for funds has been developed. The eligible municipality or county has developed a qualification system for applications or awards. Recipients of funds will be required to contractually commit to program guidelines. The Florida Homing Finance Agency will be notified promptly if the Iix:al government (or intefloeal entity) will be unable to. comply with the provisions of the plan. The local Housing Assistance Plan shall provide eor the expen tu of SttlP funds within 24 months following the end of the State fiscal year in which they are received. The plan conform.s to the Local Government Comprehensive Plan, or that an amendment to the Local Government Comprehensive Plan will be initiated at th~ next available opportunity to insure conformance with the Local Houa/ng Assistance Plau. Amendments to the approved Local Housing Assistance Plan shall be provided to tl~ Agency withi~ 21 days after adoptiom SHIP fimds as well as moneys generated from activities such as interest earned on loans. Amounls on deposit in the local housing assistance trust fund shall be invested as permitted by law. Pa~o 2 Certification 12) The local housing assistance trust fund Shall be separately stated as a . special revenue fund in the local governments audited financial statement, copies of the audits will be forWarded to the Agency as soon as available. An interlocal entity shall have its local housing assistance trust fund separately audited for each state fiscal year, and the audit forWarded to the Agency as soon as possible. 14) SHIP funds will not be pledged for debt service on bonds or as rem subsidies. 15) Developers receiving assistance from both SHIP and the Low Income Housing Tax Credit (LIItTC) Program shall comply with the income, affordability and other LIHTC 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. Witness Witness Chief Elected Official Mayor Gerald Taylor city C~erk City Attorney ADMINISTRATIVE BUDGET Salary & Benefits Advertising Training Travel Office Supplies Total $29,000.00 500.00 250.00 250.00 700.00 $30,700.00 11 [- Begin Taking Applications Encumber Funds Expend All Funds Annual Reports due Oct.. 1999 Dec. 2000 June 2002 Nov.'99, 2000 2001, 2002 VI. AFFORDABILITY A. Homeownership Household Size Very Low-Income Low-Income Moderate-Income # of Persons 50% of Median 80% of Median 120% of Median 1 $17,100.00 $27,350.00 $41,040.00 2 $19,500.00 $31,250.00 $46,800.00 3 $21,950.00 $35,150.00 $52,680.00 4 $24,400.00 $39,050.00 $58,560.00 5 $26,350.00 $42,150.00 $63,240.00 6 $28,300.00 $45,300.00 $67,920.00 7 $30,250.00 $48,400.00 $72,600.00 8 $32,200.00 $51,550.00 $77,280.00 *Subject to changes made annually by U..S. HUD. "Affordable means that monthly rents or monthly mortgage payments including takes and insurance do not exceed 30 percent of that amount which represents the percentage of the median adjusted gross annual income' for households. It is not the intent to limit an individual's ability to devote more than 30 percent of his income for housing, if 30 percent of its income shall be deemed affordable. If the first morts!~ lander ia satisfied that the household can afford mortgage payments in exce~a: ofltlz 30 percent benchmark. The maximum purchase price for a new home is $134,040.00 The maximum purchaae price for an existing home is $107,747.00. B. Rental - Not Applicable. VI. ADVERTISEMENT AND OUTREACH The City of Boynton Beach distributes flyers and brochures to an~ person organization requesting information on the SHIP Program. Information will be available in the City of Boynton Beach Building Department, and displayed in the main lobby of City Hall, and the lobbies of participating lending institutions.. The City of Boymon Beach has been featured in the local newspapers with several articles concerning the pending implementation of the program. Availability of SHIP funds will be advertised at least 30 days prior to the beginning of an application period. For those strategies Which allow applications to be submitted on a continuing basis, the availability of funds will be advertised annually. ADMINISTRATIVE EXPENSES The Community Redevelopment Department will be responsible fo the day to day operations of the SHIP program. Administrative'-- functions include: advertising availability of funds and community outreach, applicant intake & income certifications, work write ups and ~pections, coordination with first mortgage lenders and counseling services, reviewing and evaluating program effectiveness, and submittal of plan amendments and annual reports to the Florida Homing Finance Agency. The maximum of ten percent (10%) of all the monies received as the local housing distribution of $30%068.00 from fiscal year 1997-98 shall be used to cover salary and ~ttmlnistrative expenses for the SHIP Program. Administrative expenses in excess of the maximum ten percent (10%) SHIP allocation will be supplemented by city general funds. The total administrative budget is estimated at $30,700.00 for 1997-9~-- $30,700.00 for 1998-99, and $30,700.00 for 1999-2000 fiscal years. 10 'h. Alterations of the unit's interior or exterior to provide greater accessibility for any family members that may be handicapped or have mobility problems. Additions to any dwelling when it is clearly necessary to alleviate overcrowding or to remove any health hazards to the occupants. Other repairs deemed necessary Coordinator and Ship Administrator. RECIPIENT SELECTION-REHABILITATION by the Construction Ce cl. 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. Applications are processed on a first come, first serve basis by income category. A credit check may be provided by participating lenders for each applicant and title search of the applicants property may be conducted depending on the circumstance. Applicants with excessive liens or back taxes will be denied assistance until such time liens are satisfied and back taxes are paid.. If it is determined by the City of Boynton Beach SHIP Administrator that the applicant qualifies for assistance, a home Inspection and work write-up will be performed by the SHIP Construction Coordinator. The inspection report will specify what eligible repairs are necessary for the home. Funds will be encumbered for eligible applicants whose homes are determined to be repairable according to Program Guidelines and Building Construction Standards of the Standard Housing Code, Chapter 553, Florida Statutes.. All SHIP funds will be expended in a manner that will insure that there will be no discrimination on the basis of race, creed~.~.~.,~ color, religion, age, sex, familial status, handicap, or nationa origin. Persons selected for SHIP assistance will be required to contractually agree to all SHIP program guidelines, and certify that the unit assisted will be their only residence. A housing unit can not be assisted more than once with SHIP funds. Applicants determined to be ineligible may reapply for SHIP assistance with The City of Boynton Beach after six (6) months fi.om the date of the last application. v. TIME TABLE FOR EXPENDITURE FY 97-98 Submit Plan for Approval Advertise funds Availability Begin taking Applications Encumber Funds Expend. All Funds Submit Annual Reports Submit Housing Incentive Plan for Approval FY 98-99 .. May 2, 1997 Sept 1997 Oct. 1997 Dec. 1998 June 2000 Nov. '97, 98, 99, 2000 lune '98 Advertise Begin Taking Applications P, neumber Funds Expend all Funds Annual Reports FY' 99-2000 Advertise Sept 1998 Oct. 1998 Dee. 1999 June 2001 Nov'98, '99, 2000, 2001 Sept. 1999 applicant must not own any other residence unless it is being replaced 'with the construction of a new home through the SHIP Program. Applicants may only receive assistance once under the SHIP Program. Be REHABILITATION DEFERRED LOAN-SFY 9%98, 98-99.99-2000 The City of Boynton Beach passed in 1996 a Community Appearance Code Ordinance. The result of stepped up code enforcement has made rehabilitation a cost burden for many very low, Iow and moderate income residents. This program is designed to assist very low, low or moderate-income homeowners with needed repairs as defined by Rule 91-37.001(31), Florida Administrative Code. Rehabilitation is defined as the repairs or improvements which are needed for safe, or sanitary' habitation, correction of substantial code violations, or the creation of additional living space to correct overcrowding. Deferred Payment Loans are provided to eligible households for the repair of owner-occupied units. Repairs of an emergency nature are given priority. Mobile homes, condominiums, and rental units are not eligible for assistance. A dollar for dollar match is mandatory for moderate income home owners who wish to receive rehabilitation repair funds through the SHIP Program. Ship funds maybe matched with private funds, bank loans, credit union loans, and Community Development Block Grants (CDBG) funds. The SHIP Administrator Will waive the match requirement for very low and low income home owners if it is determined that the home owner can not afford to provide a match, or ifa subsidized match is not available. Applicants will be selected on a first come, first serve baSis. The unit assisted must be owner occupied and located within the City of Boynton Beach. Applicants may not own another residence and must own and occupy the home being rehabilitated for the duration of the deferred payment loan. All property taxes and/or assessments must be current, there may not be any judgments or liens against the property, and any first mortgage must be current. A housing unit may 'only receive assistance once under the SHIP program. Mobile homes~ rentals, and condominiums are not eligible for assistance. An interest free deferred payment loan will be provided for qualifiec,- applicants..The deferred loan is forgivable at 10% per year for ten years. The City will place a mortgage on the unit in the amount of the assistance provided. In the event the home is sold, transferred, or refinanced, the pro rated amount remaining on the loan will be due and payable. In case of death of the home owner, the deferred payment loan would continue as long as the new owner is income eligible under SHIP guidelines, and resides in the dwelling. In the event the new owner is not eligible, then the remaining pro rated sum would be due and payable. ELIGIBLE REPAIRS: Eligible repairs may include, but materials for: are not limited to cost of labor an0~-,~ Installation and/or repairs of sanitary water and waste, disposal-' systems, together with related plumbing, and fixtures, which will meet local health department requirements. b. Energy conservation measures such as installation combination sc~en-storm windows. Repair or replacement of heating and/or cooling system, and d. Electrical wiring. Repair or provision for structural supports and foundation Repair or replacement of the roof. Replacement of seriously deteriorated siding, stoops. porches, or-, 6 the overall effectiveness of the housing program to make suggestions 'for improvement as needed. The City of Boynton Beach currently has a partnership with five local lenders whereby it has allocated ad valorem tax dollars to leverage loans from these lenders to provide housing rehabilitation. These dollars help reduce the risk that may be involved to lenders and helps add to the equity needed to supply large dollars required to bring substandard houses up to code. Home buyer training is also available through local lenders. The Local Initiatives Support Corporation (LISC) and the Community Financing Consortium, and Centro Camposino have formed a partnership to provide home buyer counseling in the form of a "training institute". This collaborative will provide counseling to potential home buyers to inform them of their duties and responsibilities as homeowners and create a form of micro lending for small industries for potential low income homebuyers with skills that they can perform at home. Ad valorem tax dollars are currently used to provide landscape grants, pay permit fees that cannot be waived, rehabilitation to substandard units, and acquire land for new construction. SHIP funds will free up those ad valorem dollars that are currently being used for rehabilitation, to enable the City to use more ad valorem dollars for land acquisition. The recent entitlement status CDBG dollars that will be provided can be used for a broader range of capital improvements and economic development to further enhance the housing stock of the City. A. lhn~ Assistance Loan Program - SFY 97/98, 98/99, and 99-2000 Assist very low, low and moderate home buyers with the purchase of a home. ~ loan will provide "GAP" financing in the form of a deferred loan for first mortgage assistance to insure affordable monthly payments. Homes needing repairs must meet the guidelines in the definition referenced in Rule 91-37.00(31), F.A. Code and · Chapter 553,F.S. "Building Construction Standards." Eligible costs.~ under this strategy include down payment and closing costs on first mortgage and repairs needed to make the unit habitable. Eligible property include newly constructed homes (built within 12 months oi closing), or existing homes which may or may not need rehabilitation. Rehabilitation is defined as the repairs or improvements which are needed for safe and sanitary habitation, correction of substantial code violations or the creation of living space because of overcrowding.. The maximum per unit award amount is limited to $20,000. Each applicant will be responsible for a minimum of $1,500.00 towards their down payment/closing costs and/or processing of their mortgage loan. The program will provide an interest free deferred payment loan covering the full amount of assistance to qualified, eligible home buyers. The deferred payment loan is forgivable at 10% per year for 10 years providing the home remains owner occupied and honors requirements of the deferred payment loan and the secon{ (subsequent) mortgage is placed on the home. If the home is sold transferred or refinanced prior to the lO year period, the deferrecr-'' payment loan is recaptured at time of closing at a pro-rated sum and returned to the City of Boynton Beach SHIP Program. In case of death of the home owner, the deferred payment loan would continue as long as the new owner is income eligible under the SHIP guidelines, and resides in the dwelling If the new owner is not eligible, then the remaining pro-rated sum of the loan would be due and payable. RECIPIENT SELECTION - GAP FINANCING The applicants will be selected on a first come, first serve basis, must be certified as very low, low or moderate income. The potential~ homebuyer must be credit worthy and have sufficient income.. required to obtain mortgage financing from a participating lender, and must attend a homebuyer education course offered by participating_, lenders and community based development' organizations. Th~ City of Boynton Beach State Housing Initiative Partnership (SHIP) Program Local Housing Assistance Plan State Fiscal Years 1997- 1998 -1999 PROGRAM DESCRIPTION The City of Boynton Beach Local Housing Assistance Plan is designed to provide increased affordable housing for very Iow- income, low-income, and moderate income households within the City. This will be achieved through production, acquisition, and rehabilitation of affordable housing using funds as provided by the State Housing Initiatives Partnership Act (SHIP). The City of Boynton Beach will provide GAP financing in the form of no interest deferred loans to eligible, qualified households for the purchase of a new or existing homes which may or may not need additional rehabilitation repairs. Funds are. also loaned for rehabilitation repairs of owner-occupied homes. The deferred payment loan is forgivable 10% a year for 10 years. In the evem the property is transferred, sold, or refinanced or ceases to be owner occupied within the ten year period, the pro-rated amount of the loan will become due and payable. Both strategies will serve very Iow, low, and moderate income households. The City of Boynton Beach has targeted the older more dePreSsed area east of Interstate 95, west of the FEC 'railroad as the area for redevelopment where SI-tiP funds will be used. However, eligible applicants may be able to use these funds anywhere within the city llmita. Mobile homes, condominiums, and rental properties are not eligible for assistance. The Plan covers a three year period covering fiscal years 1997-98, 1998-99, 1999-2000. ge The three year Housing Assistance Plan was developed from information and suggestions received from publicly noticed meeting--~,, inviting lenders, developers, realtors, and non profit developers o affordable housing and support services.. The followin~ organizations were major contributors to the strategy: The'. Community Financing Consortium Inc., The Boynton Beach Community Development Corp., The TED Center, the Local Initiatives Support Corp. (LISC), and various local lenders and developers. The Plan was refined and developed with the input received on administration, parmerships, funding limits, program strategies and home owner training. Support Services: The Local Partnership has a variety of organizations that provide services to SHIP applicants. The City of Boynton Beach has added The Boynton Beach Life Care Center, .a non profit organization which provides a self sufficiency program which encourages among other things education, training, and home ownership to its priorities in its CDBG application. The City of Boynton currently provides rent free housing in a City owned~-~* building for the local headstart program which accommodates chile care for low income residents in the target area. The City also provides the Dick Webber Center for the Prevention of Child Abuse and it's Targeting Teen Center free accommodations. This non profit agency provides counseling in the form of referral to agencies to meet the needs that are necessary for the achievement of self sufficiency for it's clients. He. There is no interlocal agreement applicable. Local Housinl Partnershios The City of Boynton Beach currently enjoys a successful Partnership with local lenders, developers, Community based organizations and non profits in the pursuit of affordable housing oppommities. Efforts.,"- to expand this arena have included the invitation to real estate brokers as well. Staffhas met on several occasions to solicit input from these organizations to broaden opportunities for decent affordable housing. The Partnership will continue to meet on a regular basis to evaluate