Loading...
HomeMy WebLinkAboutCity of Tamarac Resolution R-2022-042 Approving LHAPTemp. Reso. No. 13761 March 15, 2022 • Page 1 of 6 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-2022-�-�- A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA APPROVING THE LOCAL HOUSING ASSISTANCE PLAN (LHAP), ATTACHED HERETO AS EXHIBIT "'I", AS REQUIRED BY THE STATE HOUSING INITIATIVES PARTNERSHIP PROGRAM ACT, SUBSECTIONS 420.907- 420.9079, FLORIDA STATUTES; AND RULE CHAPTER 67-37, FLORIDA ADMINISTRATIVE CODE; AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE ANY NECESSARY DOCUMENTS AND CERTIFICATIONS NEEDED BY THE STATE; AUTHORIZING THE SUBMISSION OF THE LOCAL HOUSING ASSISTANCE PLAN FOR REVIEW AND APPROVAL BY THE FLORIDA HOUSING FINANCE CORPORATION (FHFC); AUTHORIZING THE APPROPRIATE CITY OFFICIALS TO ACCEPT THE STATE OF FLORIDA'S STATE HOUSING INITIATIVES • PARTNERSHIP (SHIP) PROGRAM BUDGET BY ACCEPTING THE FISCAL YEAR 2022, 2023, AND 2024 ALLOCATIONS OF THE PROGRAM FUNDS TO BE UTILIZED ACCORDING TO THE CITY'S LOCAL HOUSING ASSISTANCE PLAN AND HOUSING DELIVERY GOALS CHART; THAT THE APPROPRIATE CITY OFFICIALS ARE HEREBY AUTHORIZED TO APPROPRIATE SAID FUNDS INCLUDING ANY AND ALL SUBSEQUENT BUDGETARY TRANSFERS TO BE IN ACCORDANCE WITH PROPER ACCOUNTING STANDARDS; PROVIDING FOR CONFLICT; PROVIDING FOR SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the State of Florida enacted the William E. Sadowski Affordable Housing Act, Chapter 92-317 of Florida Sessions Laws, allocating a portion of documentary stamp taxes on deeds to local governments for the development and maintenance of affordable housing; and WHEREAS, the State Housing Initiatives Partnership (SHIP) Act, ss. 420.907- 0 420.9079, Florida Statutes (1992), and Rule Chapter 67-37, Florida Administrative Code, Temp. Reso. No. 13761 March 15, 2022 Page 2 of 6 • requires local governments to develop a one- to three-year Local Housing Assistance Plan (LHAP) outlining how funds will be used; and WHEREAS, the SHIP Act requires local governments to establish the maximum SHIP funds allowable for each strategy; and WHEREAS, the SHIP Act further requires local governments to establish an average area purchase price for new and existing housing benefiting from awards made pursuant to the Act; The methodology and purchase prices used are defined in the attached LHAP; and WHEREAS, as required by section 420.9075, F.S. It is found 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 LHAP. The cost of administering the program may not exceed 10 percent of the local housing distribution plus 5% 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; and WHEREAS, the Community Development Department has prepared a three-year LHAP for submission to the Florida Housing Finance Corporation (FHFC); and WHEREAS, the Director of the Community Development Department has reviewed the LHAP and Exhibits and submitted the same to the FHFC for conditional review and approval; and 0 Temp. Reso. No. 13761 March 15, 2022 • Page 3 of 6 WHEREAS, the FHFC issued a conditional approval with comments for the City of Tamarac's LHAP; and WHEREAS, the Director of the Community Development Department has reviewed the comments and made the necessary updates to the LHAP and Exhibits and recommends approval of same; and WHEREAS, the Planning Board held a public hearing at the duly noticed April 6, 2022 meeting and recommended that the City Commission approved the LHAP and subsequent submission to FHFC; and WHEREAS, the City Commission held a public hearing at the duly noticed April • 13, 2022 meeting and find that it is in the best interest of the public for the City of Tamarac to submit the LHAP to FHFC for final review and approval, and WHEREAS, the City Commission of the City of Tamarac, Florida deems it to be in the best interests of the citizens and residents of the City of Tamarac to accept the State of Florida's State Housing Initiatives Partnership (SHIP) Program budget by accepting the Fiscal Year 2022, 2023, and 2024 allocations of the Program funds to be utilized according to the City's LHAP and Housing Delivery Goals Chart. NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA THAT: Section 1: The foregoing "WHEREAS" clauses are hereby ratified and confirmed as being true and correct and are hereby made a specific part of this Temp. Reso. No. 13761 March 15, 2022 Page 4 of 6 Resolution; all exhibits attached hereto are incorporated herein and made a specific part of this Resolution. Section 2: The City Commission of the City of Tamarac hereby approves the Local Housing Assistance Plan, as attached hereto as Exhibit 1", and incorporated hereto for submission to the Florida Housing Finance Corporation as required by ss. 420.907-420-9079, Florida Statutes, for fiscal years 2022 through 2024. Section 3: That the appropriate City Officials accept the State of Florida's State Housing Initiatives Partnership (SHIP) Program budget by accepting the FY 2022, 2023, and 2024 allocations of Program funds to be utilized according to the City's Local Housing Assistance Plan and Housing Delivery Goals Chart. In addition, the appropriate City • Officials are hereby authorized to appropriate said funds, including any and all subsequent budgetary transfers to be in accordance with proper accounting standards. Section 4: The Mayor, or in his/her absence, the Vice -Mayor, is hereby designated and authorized to execute any documents and certifications required by the Florida Housing Finance Corporation as related to the Local Housing Assistance Plan, and to do all things necessary and proper to carry out the term and conditions of said program. Section 5: All resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. 0 Temp. Reso. No. 13761 March 15, 2022 Page 5 of 6 Section & If any clause, section, other part or application of this Resolution is held by any court of competent jurisdiction to be unconstitutional or invalid, in part or application, it shall not affect the validity of the remaining portions or applications of this Resolution. Section 7: This Resolution shall take effect immediately upon its adoption. • [INTENTIONALLY LEFT BLANK] 0 Temp. Reso. No. 13761 March 15, 2022 Page 6 of 6 PASSED, ADOPTED AND APPROVED this day of ! MIL, , 2022. ATTEST: ,JFzNNIFEW,JOI­0S0N, CMC CITY CLERK ICHELLE J. GOMEZ MAYOR RECORD OF COMMISSION VOTE MAYOR GOMEZ DIST 1: COMM. BOLTON `J'S DIST 2: V/M GELIN DIST 3: COMM. VILLALOBOS�� DIST 4: COMM. PLACKO APPROVED AS TO FORM AND LEGAL SUFFICIENCY FOR THE USE AND RFI IANrF CIF THE rITY ()F TAMARAr nNI Y • U 0 • The City For Your Life STATE HOUSING INITIATIVE PARTNERSHIP PROGRAM LOCAL HOUSING ASSISTANCE PLAN (LHAP) • FISCAL YEARS COVERED FY 2022-2023, FY 2023-2024, FY 2024-2025 Submitted March 2022 City of Tamarac Community Development Department Housing Division 7525 NW 88 Avenue Tamarac, FL 33321 SHIP LHAP [eff. Date 7/1/20211 florida- ianing Mayor and City Commission Mayor Michelle J. Gomez Vice Mayor Mike Gelin Commissioner Marlon D. Bolton Commissioner Debra Placko Commissioner Elvin Villalobos City Manager Kathleen Gunn Our Vision The City of Tamarac, Our Community of Choice -Leading the nation in quality of life through safe neighborhoods, a vibrant community, exceptional customer service and recognized excellence. Our Mission We are: "Committed to Excellence... Always" It is ourjob to foster and create an environment that: Responds to the Customer Creates and Innovates Works as a Team Achieves Results Makes a Difference Our Values As stewards of the public trust, we value: Vision, Integrity, Efficiency, Quality, Service -2- • • 0 • 4 SHIP LHAP [eff. Date 7/1/20211 Floridang Table of Contents Description Page # Section I, Program Details 4 Section II, Housing Strategies 8 A. Purchase Assistance 8 B. Owner -Occupied Rehabilitation 10 C. Emergency Repair 11 D. Disaster Repair/Mitigation 12 Section III, Incentive Strategies 14 A. Expedited Permitting 14 B. Ongoing Review Process 14 C. Zero Lot line Development is D. Development Near Transportation Hubs is xhibits 15 A. Administrative Budget for each fiscal year covered in the Plan B. Timeline for Estimated Encumbrance and Expenditure C. Housing Delivery Goals Chart (HDGC) For Each Fiscal Year Covered in the plan D. Signed LHAP Certification E. Signed, dated, witnessed or attested adopting resolution F. Ordinance: (If changed from the original creating ordinance) G. Interlocal Agreement H. Other Documents Incorporated by Reference -3- • SHIP LHAP [eff. Date 7/1/20211 FloriddHousing Program Details: A. LG(s) Name of Local Government City of Tamarac Does this LHAP contain an interlocal agreement? No If yes, name of other local government(s) B. Purpose of the program: • To meet the housing needs of the very low, low and moderate -income households; • To expand production of and preserve affordable housing; and • To further the housing element of the local government comprehensive plan specific to affordable housing. C. Fiscal years covered by the Plan: 2022-2023, 2023-2024, 2024-2025 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, lending institutions, builders and developers, not -for -profit and community -based housing providers and service organizations, providers of professional services related to affordable housing, advocates for low- income persons, real estate professionals, persons or entities that can provide housing or support services and lead agencies of the local continuums of care. 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. G. Public Input: Public input was solicited through meetings with housing providers, social service providers and local lenders and neighborhood associations. These meetings include the quarterly HOA Liaison Meeting and the annual Purchase Assistance Workshop. Public input was also solicited at the local Planning Board meeting on April 6, 2022. H. Advertising and Outreach: SHIP funding availability shall be advertised in a newspaper of general circulation and periodicals serving ethnic and diverse neighborhoods, at least 30 days before the beginning of the application period. Funding availability is also advertised on the city's website. If no funding is available due to a waiting list, no notice of funding availability is required. I. Waiting List/Priorities: Awaiting list will be established when there are eligible applicants for strategies that no longer have funding available. Those households on the waiting list will be notified of their status. Applicants will be maintained in an order that is consistent with the time completed applications were submitted as well as any established funding priorities as described in this plan. -4- • • 0 • SHIP LHAP Jeff. Date 7/1/20211 Roride*tairly The following priorities for funding (very low income, Special Needs, etc.) described/listed here apply to all strategies unless otherwise stated in an individual strategy in Section II: All funds will be administered on a first qualified, first served basis. Ranking Priority for All Strategies: 1. Special Needs Households until 20% set aside has been met 2. Very low until 30%set aside has been met 3. Low until 60% set aside has been met 4. Moderate J. Discrimination: In accordance with the provisions of ss.760.20-760.37, it is unlawful to discriminate on the basis of race, color, religion, sex, national origin, age, handicap, or marital status in the award application process for eligible housing. K. Support Services and Counseling: Support services are available from various sources. Available support services may include, but are not limited to: Homeownership Counseling (Pre and Post), Credit Counseling, Tenant Counseling, Foreclosure Counseling and Transportation. L. Purchase Price Limits: The sales price or value of new or existing eligible housing may not exceed 90% of the average area purchase price in the statistical area in which the eligible 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 average area purchase price established by the U.S. Treasury Department or as described above. The methodology used is: U.S. Treasury Department X Local HFA Numbers M. Income Limits, Rent Limits and Affordability: The Income and Rent Limits used in the SHIP Program are updated annually by the Department of Housing and Urban Development and posted at www.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 305vo of its income for housing, and housing for which a household devotes more than 3096 of its income shall be deemed Affordable if the first institutional mortgage lender is satisfied that the household can afford mortgage payments in excess of the 3091o'benchmark and in the case of rental housing does not exceed those rental limits adjusted for bedroom size. N. Welfare Transition Program: Should an eligible sponsor be used, a qualification system and selection criteria for applications for Awards to eligible sponsors shall be developed, which includes a description that demonstrates how eligible sponsors that employ personnel from the Welfare Transition Program will be given preference in the selection process. -5- .7 SHIP LHAP [eff. Date 7/1/20211 O. Monitoring and First Right of Refusal: In the case of rental housing, the staff and any entity that has administrative authority for implementing the local housing assistance plan assisting rental developments shall annually monitor and determine tenant eligibility or, to the extent another governmental entity provides periodic 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 $10,000 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 nonprofit organizations for purchase at the current market value for continued occupancy by eligible persons. P. Administrative Budget: A line -item budget is attached as Exhibit A. The city/county finds that the moneys deposited in the local housing assistance trust fund are necessary to administer and implement the local housing assistance plan. Section 420.9075 Florida Statute and Chapter 67-37, Florida Administrative Code, states: 'A county or an eligible municipality may not exceed the 5 percent limitation on administrative costs, unless its governing body finds, by resolution, that 5 percent of the local housing distribution plus 5 percent of program income is insufficient to adequately pay the necessary costs of administering the local housing assistance plan." Section 420.9075 Florida Statute and Chapter 67-37, Florida Administrative Code, further states: The cost of administering the program may not exceed 10 percent of the local housing distribution plus 5 percent of program income deposited into the trust fund, except that small counties, as defined in s. 120.52(19), and eligible municipalities receiving a local housing distribution of up to $350,000 may use up to 10 percent of program income for administrative costs." The applicable local jurisdiction has adopted the above findings in the resolution attached as Exhibit E. Q. Program Administration: Administration of the local housing assistance plan will be performed by: Entity Duties Admin. Fee Percentage Local Government General Administration 10% Third Party Entity/Sub-recipient R. First-time Homebuyer Definition: For any strategies designed for first-time homebuyers, the following definition will apply: An individual who has had no ownership in a principal residence during the 3-year period ending on the date of purchase of the property. This includes a spouse (if either meets the above test, they are considered first-time homebuyers). A single parent who has only owned a home with a former spouse while married. An individual who is a displaced homemaker and has only owned with a spouse. An individual who has only owned a principal residence not permanently affixed to a permanent foundation in accordance with applicable regulations. An individual who has only owned a property that was not in compliance with state, local or model building codes and which cannot be brought into compliance for less than the cost of -6- • • C7 E S1iIP LHAP [eff. Datteee 7/1/2021 ] Florida Housing constructing a permanent structure. S. Project Delivery Costs: In addition to the administrative costs listed above the City will charge up to $5,000 for project delivery cost to cover rehabilitation tasks to include inspections, work write-ups, change orders, pre -bid meetings, project bidding and other work as outlined in the agreement with the Consultant procured by the City of Tamarac. All project delivery costs will be included as a part of the award for all strategies. T. Essential Service Personnel Definition (ESP): ESP includes firefighters, police officers, educators, health care professionals, skilled building tradesman, emergency management personnel. U. Describe efforts to incorporate Green Building and Energy Saving products and processes: The City will, when economically feasible, employ the following Green Building requirements in all strategies: 1. Low or No-VOC paint for all interior walls (Low-VOC means 50 grams per liter or less for flat paint; 150 grams per liter or less for non -flat paint) 2. Low -flow water fixtures in bathrooms —WaterSense labeled products or the following specifications: L Toilets: 1.6 gallons/flush or less, ii. Faucets: 1.5 gallons/minute or less • 3. Showerheads: 2.2 gallons/minute or less 4. Energy Star qualified refrigerator 5. Energy Star qualified dishwasher, if provided 6. Energy Star qualified washing machine, if provided in units 7. Energy Star qualified exhaust fans in all bathrooms 8. Air conditioning: Minimum SEER rating of 14. Wall units and window units are allowed in studios and one -bedroom units with a minimum of 11.7 SEER. These requirements may be adjusted if the requirements of other construction funding sources require a more prescriptive list. V. Describe efforts to meet the 20% Special Needs set -aside: The City of Tamarac will give first priority, in the rehabilitation strategy, to serving persons with special needs with an emphasis on home modifications, including technological enhancements and devices, which allow the homeowner to remain independent in their own homes and maintain homeownership. Additionally, in order to readily identify and serve persons with special needs, The City of Tamarac has revised the program application to add questions regarding the disability status of the applicant and their household members. W. Describe efforts to reduce homelessness: The City of Tamarac supports all efforts to end homelessness. The City is a member of the Broward County Homeless Partnership Initiative, which is the lead agency for the regional (Broward County) Continuum of Care. The City supports the Initiative and its efforts to end homelessness. Through regular meetings and reports such Broward County's Point in Time Report which provides a breakdown of homeless counted by categories such as: veterans, youth, and families; as provided -7- SHIP LHAP [eff. Date 7/1/20211 Floddousing by Broward County, the City is kept up to date with Tamarac's homeless population. Typically, less than 1% of the County's homeless population is reported as being from Tamarac. Based on these reports both the County and the City of Tamarac will be able to re -assess its current services and programs to accommodate the current homeless population. Broward's Continuum of Care addresses all aspects of homelessness including prevention, outreach, emergency shelter, transitional and permanent affordable housing, and supportive services which includes: 1. Facilitating community, business and governmental involvement in the homeless continuum of care 2. Direct oversight of the County's three regional Homeless Assistance Centers 3. Creating new and innovative programs to serve Broward's homeless population (such as the County's first homeless medical respite carefacility) Section II. LHAP Strategies: A. PURCHASE ASSISTANCE Code 1,2 a. Summary: SHIP funds will be awarded for down payment and closing costs for new and existing homes, including homes purchased from a Community Land Trust (CLT). Eligible housing includes single family homes, townhouses and condominiums and located in the City of Tamarac. Funds may also be used to buy down the principal. Eligible households may qualify for minor home repair to address improvements needed for safe and sanitary habitation. b. Fiscal Years Covered: 2022-2023, 2023-2024, 2024-2025 C. Income Categories to be served: Very low, low and moderate d. Maximum award: Very Low: Up to $60,000 Low: Up to $50,000 Moderate: Up to $40,000 e. Terms: 1. Repayment loan/deferred loan/grant: Funds will be awarded as a deferred subordinate loan secured by a recorded subordinate mortgage and note 2. Interest Rate: 0% 3. Years in loan term: 15 Years 4. Forgiveness: Principal reduction of 50% beginning in yearfourteen 5. Repayment: None required as long as the loan is in good standing. -g- • • 0 • SHEPLHAP Jett Date 7/1/2021 j Default: The loan is determined to be in default if any of the following occurs during the loan term: sale, transfer, or conveyance of property; conversion to a rental property; loss of homestead exemption status; homeowner no longer occupies the unit. If the homeowner dies, a relative may be able to assume said Mortgage and Note upon verification of SHIP eligibility and assumption of the Deed. If the home is foreclosed on by a superior mortgage holder, the City will make an effort to recapture funds through the legal process if it is determined that adequate funds may be available to justify pursuing a repayment. Recipient/Tenant Selection Criteria: Applicants will be selected on a first qualified, first served basis. All applicant(s) must be a first-time homebuyer as defined in Section I (R) of this plan. All applicants must successfully complete a homebuyer education course with a HUD -Certified Housing Counseling Agency and secure a pre -approval letter from a first mortgage lender. CLT homebuyers must attend a homebuyer education class given by a HUD Certified Housing Counseling Agency that contains a community land - - Commented [CF1]: A HUD certified Housing trust component and/or session with the CLT in addition to a homebuyer education class that requires _ Counseling Agency CLT buyers to demonstrate and attest to a clear understanding of the terms of community land trust homeownership. Sponsor Selection Criteria: N/A oh, Additional Information: Funds will be awarded in the amount required for the homebuyer to purchase the property up to the maximum award. The purchase price of the home may not exceed the maximum sales price allowed in the SHIP program as updated each year. Purchase Assistance funds cannot be utilized if the sale price of the property exceeds the appraisal value of the property. Purchase Assistance funds cannot be utilized when the seller of the property provides financing for the mortgage. Applicants must contribute a minimum of 1% of the purchase price toward the purchase. Applicant(s) must not own any other property used for residential purposes. Applicant(s) who have monetary assets exceeding $25,000 must contribute one-third (1/3) of the funds toward the purchase, except if the applicant has funds in a retirement fund accessible only by termination or retirement. Terms for CLT home purchases: This SHIP assistance is assumable to a SHIP income -eligible purchaser. The terms of the Note and Mortgage shall allow subsequent purchasers to assume the loan with approval by the CLT. Otherwise, no repayment required during the term of the loan, provided the loan remains in good standing. Please see Exhibit H for additional instructions and information for CLT purchases. Program participants in the Purchase Assistance program will not be eligible for any other City of Tamarac Housing Assistance programs, to include programs funded by SHIP, CDBG, HOME or any other state or local program for a period of fifteen years, except following a disaster as declared byan Executive Order issued bythe Presidentofthe United States orthe Governorofthe State ofFlorida. The rehabilitation portion of purchase assistance may be funded by SHIP or other funding source such as CDBG, HOME and other local sources. Please see Section I (f). -9- • SHH'LHAP Jeff. Date 7/1/2021] Flodda:-1,C pg B. OWNER OCCUPIED REHABILITATION Code 3 a. Summary: Funds will be provided for repairs and rehabilitation of substandard owner -occupied housing units in accordance with the Housing Program Policies and Procedures. b. Fiscal Years Covered: 2022-2023, 2023-2024, 2024-2025 C. Income Categories to be served: Very low, low and moderate d. Maximum award: Very Low: Up to $60,000 Low: Up to $50,000 Moderate: Up to $40,000 e. Terms: 1. Repayment loan/deferred loan/grant: Funds will be awarded as a deferred subordinate loan secured by a recorded subordinate mortgage and note 2. Interest Rate: 0% 3. Years in loan term: 15 Years 4. Forgiveness: Principal reduction of 50% beginning in year fourteen 5. Repayment: None required as long as the loan is in good standing. 6. Default: The loan is determined to be in default if any of the following occurs during the loan term: sale, transfer, or conveyance of property; conversion to a rental property; loss of homestead exemption status; homeowner no longer occupies the unit. If the homeowner dies, a relative may be able to assume said Mortgage and Note upon verification of SHIP eligibility and assumption of the Deed. If the home is foreclosed on by a superior mortgage holder, the City will make an effort to recapture funds through the legal process if it is determined that adequate funds may be available to justify pursuing a repayment. Recipient/Tenant Selection Criteria: Applicants will be selected on a first qualified, first served basis with priorities for funding as described in section 1 (1) of this plan. g. Sponsor Selection Criteria: N/A h. Additional Information: Assistance will only be provided for homes that are owner -occupied and used as the primary residence. Proof of Homestead Exemption is required. Applicants will be assisted on a first - qualified, first -served basis. Applicants must provide proof of homeowners insurance. If an applicant has no insurance, SHIP funds may be used to pay for one year if the applicant agrees to maintain the policy for the remaining affordability period. All property taxes must be current. If applicable, the mortgage must be current. If the home has a second mortgage, the home will not qualify for assistance. Mobile homes are not eligible forassistance. -10- • • 0 • SHrP LHAP Jeff. Date 7/1/20211 Flory &Houslng Applicant(s) must not own any other property used for residential purposes. Applicant(s) who have monetary assets exceeding $25,000 must contribute one-third (1/3) of the funds toward the repairs, except if the applicant has funds in a retirement fund accessible only by termination or retirement. All work will be performed according to the work write-up specifications prepared by housing staff or its designee. Rehabilitation work will be performed by contractors on the City's approved contractors list. Rehabilitation assistance will not include relocation costs. If all bids exceed the maximum award, the SHIP Administrator or his/her designee will delete someline items fromthebid until the bid does not exceed the maximum award. After such deletion, the lowest bidder will be awarded the contract. If it has been determined that all line items are code related, then all bids will be rejected, and the applicant will be deemed ineligible due to excessive cost of the rehabilitation. Participants of Owner -Occupied Rehabilitation will not be eligible for any other City of Tamarac Housing Assistance program, to include but not limited to, programs funded by SHIP, CDBG, HOME or any other state or local program for a period of fifteen years, except following a disaster as declared by an Executive Order issued bythe President ofthe United Statesorthe Governor of the State of Florida. C. EMERGENCY REPAIR I Code 06 Summary: Funds will be awarded to applicants in need of emergency rehabilitation of their home related to a dire situation that needs to be mitigated immediately. This may include, but not limited to: damaged roofing that is leaking, damaged windows causing exposure to the elements, or electrical or plumbing problems that could cause damage (fire) to the home or is determined to be an immediate health hazard to the occupants. b. Fiscal Years Covered: 2022-2023, 2023-2024, 2024-2025 C. Income Categories to be served: Very low, low and moderate d. Maximum award: $25,000 e. Terms: 1. Repayment loan/deferred loan/grant: Funds will be awarded as a deferred subordinate loan secured by a recorded subordinate mortgage and note. 2. Interest Rate: 0% 3. Years in loan term: 15 Years 4. Forgiveness: Principal reduction of 50% beginning in year fourteen 5. Repayment: None required as long as the loan is in good standing. 6. Default: The loan is determined to be in default if any of the following occurs during the loan term: sale, transfer, or conveyance of property, conversion to a rental property; loss of homestead exemption status; homeowner no longer occupies the unit. If the homeowner dies, a relative maybe able to assume said Mortgage and Note upon verification of SHIP eligibility and assumption of the Deed. If the home is foreclosed on by a superior mortgage holder, the City will make an effort to -11- • SHIP LHAP [eff. Date 7/1/2021] �ori� 1-lousir>g recapture funds through the legal process if it is determined that adequate funds may be available to justify pursuing a repayment. Recipient/Tenant Selection Criteria: Applicant will be selected based on the priority of the emergency need as determined by the SHIP Administrator or his/her designee. If more than one application is received at any given time, applicants will be ranked for assistance based on a first -qualified, first- served basis with priorities for funding as described in section 1(1) of this plan. Sponsor Selection Criteria: N/A Additional Information: Assistance will only be provided for homes that are owner-occu pied and used as the primary residence. Proof of Homestead Exemption is required. Applicants must provide proof of homeowner's insurance. If an applicant has no insurance, SHIP funds may be used to pay for one year if the applicant agrees to maintain the policy for the remaining affordability period. All property taxes must be current. If applicable, the mortgage must be current. If the home has a second mortgage, the home will not qualify for assistance. Mobile homes are not eligible for assistance. Applicant(s) must not own any other property used for residential purposes. Applicant(s) who have monetary assets exceeding $25,000 must contribute one-third (1/3) of the funds toward the repairs, except if the applicant has funds in a retirement fund accessible only by termination or retirement. All work will be performed according to the work write-up specifications prepared by housing staff or its designee. Emergency Repair work will be performed by contractors on the City's approved contractors list. Emergency Repair will not include relocation costs. If all bids exceed the maximum award, the SHIP Administrator or his/her designee, will reject all bids and the applicant will be deemed ineligible due to excessive cost of the emergency repair. D. DISASTER REPAIR/MITIGATION I Code 05/16 a. Summary: Funds will be awarded to applicants in need of home repairs directly caused by a disaster that is declared by an Executive Order of the President of the United States or Governor of the State of Florida. b. Fiscal Years Covered: 2022-2023, 2023-2024, 2024-2025 C. Income Categories to be served: Very low, low and moderate d. Maximum award: $30,000 e. Terms: 1. Repayment loan/deferred loan/grant: Funds will be awarded as a deferred subordinate loan secured by a recorded subordinate mortgage and note. -12- • • 0 • SHIP LHAP [eff. Date 7/1/20211 Florid_�iousirts 2. Interest Rate: 0 3. Years in loan term: 15 Years 4. Forgiveness: Principal reduction of 50% beginning in yearfourteen. 5. Repayment: None required as long as the loan is in good standing. 6. Default: The loan is determined to be in default if any of the following occurs during the loan term: sale, transfer, or conveyance of property; conversion to a rental property; loss of homestead exemption status; homeowner no longer occupies the unit. If the homeowner dies, a relative may be able to assume said Mortgage and Note upon verification of SHIP eligibility and assumption of the Deed. If the home is foreclosed on by a superior mortgage holder, the City will make an effort to recapture funds through the legal process if it is determined that adequate funds may be available to justify pursuing a repayment. Recipient/Tenant Selection Criteria: Applicants will be assisted on a first -qualified, first -served basis with priorities for funding as described in section 1(1) of this plan. Sponsor Selection Criteria: N/A Additional Information: Funds for disaster mitigation will only be allocated from unencumbered funds or additional funds awarded through Florida Housing Finance Corporation for the disaster. • Assistance will only be provided for homes that are owner -occupied and used as the primary residence. Proof of Homestead Exemption is required. Applicants must provide proof of homeowner's insurance. Applicants must file for and use proceeds from insurance as firstoption. If an applicant has no insurance, SHIP funds may be used to pay for one year if the applicant agrees to maintain the policy for the remaining affordability period. All property taxes must be current. If applicable, the mortgage must be current. If the home has a second mortgage, the home will not qualify for assistance. Mobile homes are not eligible for assistance. Applicant(s) must not own any other property used for residential purposes. Applicant(s) who have monetary assets exceeding $25,000 must contribute one-third (1/3) of the funds toward the repairs, except if the applicant has funds in a retirement fund accessible only by termination or retirement. All work will be performed according to the work write-up specifications prepared by housing staff or its designee. Disaster Repair/Mitigation work will be performed by City approved contractor. Disaster Repair/Mitigation will not include relocation costs. Funds may be used for items such as, but not limited to, purchase of emergency supplies for eligible households to weatherproof damaged homes, interim repairs to avoid further damage, tree and debris removal required to make the housing unit habitable, post disaster assistance with non-insured repairs, payment of insurance deductibles for rehabilitation of homes covered under homeowner's insurance policies; and soft costs required to process assistance applications. This strategy will only be implemented in the event of a disaster using funds that have not yet been encumbered or additional disaster funds issued by Florida Housing Finance Corporation. -13- • • SHIPLHAP Jeff. Date 7/1/20211 Florida Housing III. LHAP Incentive Strategies In addition to the required Incentive Strategy A and Strategy B, include all adopted incentives with the policies and procedures used for implementation as provided in Section 420.9076, F.S.: A. Name of the Strategy: Expedited Permitting Permits as defined in s.163.3177 (6) (f) (3) for affordable housing projects are expedited to a greater degree than other projects. Provide a description of the procedures used to implement this strategy: 1. The City expedites the processing of affordable housing permits through a pre - application conference and screening. 2. Affordable housing projects are identified by sales price consistent with the SHIP program's housing value limits. 3. The Building and Community Development Departments have employees that serve as liaisons with developers of affordable housing to assist in the permit process. All denoted "Expedited" permits are processed through one central designee to route accordingly. 4. Affordable housing projects are denoted "Expedited". 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: 1. The City has developed a process to consider the impact of policies, procedures, ordinances, regulations, or plan revisions on affordable housing and housing costs prior to adoption by the City Commission. 2. The City employs a public participation process with the City Commission and other advisory groups and committees to consider impacts of decisions on affordable housing and housingcosts. 3. The City Commission meets twice per month during which the public's input is sought on issues that have an impact on the cost of housing. 4. Information on all housing assistance programs are available via the city's website for the public. 5. A member from the Housing staff will attend at least one training session per year relevant to the programs administered by the City. C. Name of Strategy: Zero Lot Line Development Provide a description of the procedures used to implement this strategy: 1. The City allows zero lot line development. 2. Zero lot lines maximize available land for affordable housing and helps maintain affordable housing costs within the City. -14- u SHH'LHAP [eff. Date 7/1/20211 RoOga�iousing D. Name of Strategy: Support of development near transportation hubs and major employment centers and mixed -use developments Provide a description of the procedures used to implement this strategy: 1. The Planning and Zoning Division currently facilities the process for new developments to maximize use of public transportation options. 2. The new Land Development Regulations will support and encourage development near transportation hubs, major employment centers and mixed -use developments. 3. Several focus areas within the city are slated to be rezoned "mixed use" in order to encourage and facilitate a multi -model community, maximizing the use of public transportation. IV. EXHIBITS: Required A. Administrative Budget for each fiscal year covered in the Plan. B. Timeline for Estimated Encumbrance and Expenditure. C. Housing Delivery Goals Chart (HDGC) For Each Fiscal Year Covered in the plan. D. Signed LHAP Certification. E. Signed, dated, witnessed or attested adopting resolution. Optional F. Ordinance: (If changed from the original creating ordinance). G. Interlocal Agreement (Required if applicable). H. Other Documents Incorporated by Reference -15- •