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O97-11ORDINANCE NO. O97-//' AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA PROVIDING FOR THE ESTABLISHMENT OF A LOCAL HOUSING ASSISTANCE PROGRAM PURSUANT TO THE REQUIREMENTS OF THE STATE HOUSING INITIATIVES PARTNERSHIP ACT; PROVIDING FOR DEFINITIONS; PROVIDING FOR LEGISLATIVE INTENT; PROVIDING FOR THE ESTABLISHMENT OF A LOCAL HOUSING ASSISTANCE PROGRAM TO BE ADMINISTERED BY THE CITY OF BOYNTON BEACH; PROVIDING FOR THE IMPLEMENTATION AND ADMINISTRAITON OF THE PROGRAM AND PROVlDNG FOR THE CREATION OF AN AFFORDABLE HOUSING ASSISTANCE TRUST FUND; 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 of Boynton Beach, Florida ("City") wishes to provide for the housing needs of its citizens, and to promote the efficient location, design, and provision of affordable housing; and WHEREAS, the City Commission deems it to be in the best interests of the citizens and residents of the City to establish a local housing assistance program; NOW THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, THAT: Section 1. The foregoing "WHEREAS" clauses are hereby ratified and confirmed as being true and correct and are hereby made a special part of his Ordinance. Section 2. DEFINITIONS. For the purposes of this Ordinance, the definitions contained in the State Housing Initiatives Partnership Act hereinafter "the Act", Sections 420.907 et seq., Florida Statutes, and Chapter 91-37 of the Florida Administrative Code, as amended from time to time, are adopted herein by reference. Section 3. LEGISLATIVE INTENT. The purpose of this Ordinance is to implement the Act; including, without the limitation, the following: (a) To increase the availability of affordable housing by combining local resources and cost saving measures, as applicable, and by using private and public resources to reduce the cost of housing; (b) To promote more compact urban development, and to assist in achieving the growth management goals contained in the adopted local comprehensive plan by allowing more efficient use of land so as to provide housing units that are more affordable; (c)To establish a strong sense of community through increased social and economic integration; (d) To build the organizational and technical capacity of community-based organizations so as to optimize the role of community-based organizations in the production of affordable housing; (e) To promote innovative design of eligible housing, and its supporting infrastructure, to provide for cost savings in the provision of such housing; and (f) To promote expedited permit processing systems for affordable housing. Section 4. ESTABLISHMENT OF LOCAL HOUSING ASSISTANCE PROGRAM. (a) There is hereby created and established a local housing assistance program ("Program") by the City of Boynton Beach, to be implemented and administered by the City. (b) The City shall implement the Program, within the City, consistently with the requirements of the Act. (c) The City's Community Redevelopment Department shall be responsible for administration of the local assistance program. Section 5. SPECIAL PROVISIONS. The City hereby indicates that five (5%) percent of the funding to be used for administration of the program is insufficient, and therefore elects to utilize ten (10%) percent of the funding for administration purposes. Section 6. ESTABLISHMENT OF AFFORDABLE HOUSING ASSISTANCE TRUST FUND. (a) Pursuant to the requirements of the Act, the City agrees to establish an affordable housing trust fund ("Fund") within the official and fiscal accounting records of the City. All monies deposited in the fund shall be subject to the requirements of the Act and this Ordinance. (b) The City shall cause the Fund to be audited, and shall report the results of such audit as required by the Act. Section 7. CREATION OF CITIZENS ADVISORY COMMITTEE. This Ordinance shall cause the creation of a Citizens Advisory Committee to act in the role of the Affordable Housing Advisory Committee, as required by the Act. The composition and function of the Committee shall be in accordance with the requirements of the Act. Section 8. ADOPTION OF THE AFFORDABLE HOUSING INCENTIVE PLAN. The Affordable Housing Local Assistant Plan of the City, adopted by Resolution No R97- shall remain in effect and shall act as the Incentive Plan for the City's program, in accordance with the requirements of the Act. Section 9. All laws and ordinances applying to the City of Boynton Beach in conflict with any provisions of this ordinance are hereby repealed. Section 10. 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. Section 11. In accordance with the requirements of the Act, this Ordinance shall become effective thirty (30) days following its adoption. FIRST READING this /,.~" day of April, 1997. Ii SECOND, FINAL READING AND PASSAGE this ~' day of May, 1997. ATTEST: Commissioner