Fort Walton Beach Resolution — 2009-08-Local Housing Assistance Plan — reading text

as defined in s. 163. 3164( 7) and ( 8), for affordable housing projects is expedited to a greater degree than other projects. ( Section 420. 9071 ( 16), Florida Statutes) Okaloosa County: As provided in Policy1.4.4 of the Housing Element of the Okaloosa County Comprehensive Plan, the County provides a fast-track review process for development order and building permit applications for projects that provide affordable housing. City of Fort Walton Beach: It is the policy of the City' s Development Services Division to expedite affordable housing projects to the greatest extent possible, while meeting all local, state and federal regulations. b. Incentive: The establishment of a process by which a local government considers, before adoption, policies, procedures, ordinances, regulations, or plan provisions that increase the cost of housing. (Section 420.9071 (16), Florida Statutes) Okaloosa County: The County shall route to the Okaloosa County/ City of Fort Walton Beach Affordable Housing Advisory Committee for review and comment any proposed policy, ordinance, regulation, or plan provision that could affect the affordability of housing no less than thirty ( 30) days prior to the first public hearing of any said policy, ordinance, regulation, or plan provision. City of Fort Walton Beach . The City shall route to the Okaloosa County/City of Fort Walton Beach Affordable Housing Advisory Com mittee for review and comment any proposed policy, ordinance, regulation, or plan provision that could affect the affordability of housing no less than thirty ( 30) days prior to the first public hearing of any said policy, ordinance, regulation, or plan provision. c. Incentive. Establishment of a schedule for implementing the incentive strategies. ( Section 420. 9071 (16), Florida Statutes) Okaloosa County: Implementation of the incentive strategies contained herein shall begin upon adoption of this Local Housing Assistance Plan. City of Fort Walton Beach: Implementation of the incentive strategies contained herein shall begin upon adoption of this Local Housing Assistance Plan. U: ArchivelSHIP/LBAPS 2003-04 LBAP Forms dtd 9 _ 03/LHAP Template 9_ 2003 # 3dr_TB 18 - v. EXHIBITS: A. Administrative Budget for each fiscal year covered in the Plan. Exhibit A. B. Timeline for Encumbrance and Expenditure: Chapter 67-37.005( 6)(d) and (f)F.A. C. A separate timeline for each fiscal year covered in this plan is attached as Exhibit B. Program funds will be encumbered by June 30 one year following the end of the applicable state fiscal year. Program funds will be fully expended within 24 months of the end of the applicable State fiscal year. C. Housing Delivery Goals Chart (HDGC) For Each Fiscal Year Covered in the Plan: Chapter 67- 37.005), F.A. C. Completed HDGC for each fiscal year is attached as Exhibit C. D. Certification Page: Chapter 67-37.005( 7), F.A. C. Signed Certification is attached as Exhibit D. E. Adopting Resolution: Section 420. 9072( 2)(b) 2, F.S. Original signed, dated, witnessed or attested adopting resolution is attached as Exhibit E. F. Program Information Sheet: Completed program information sheet is attached as Exhibit F. G. Ordinance: Section 420.9072( 3)(a), F.S. If changed from the original ordinance, a copy is attached as Exhibit G. H. Interlocal Agreement: Section 420.9072, F.S. A copy of the Interlocal Agreement if applicable is attached as Exhibit H. U: ArchivelSf iPL/ HAPS 2003-04 LHAP Forms dtd 9_ 03/LHAP Template 9_2003 # 3dr_TB 19 - ADMINISTRATIVE BUDGET FOR EACH FISCAL YEAR Exhibit A LHAP Template 6/ 06 Exhibit A Admin Bud et Fiscal Year 1 2007/ 2008 Salaries and Benefits 168, 840. 00 Office Supplies and Equipment 2, 500. 00 Travel Perdiem Workshops, etc 1, 500. 00 Advertising 1, 200. 00 Fiscal Year 2008/ 2009 Salaries and Benefits 168, 840. 00 Office Supplies and Equipment 2, 500. 00 Travel Perdiem Workshops, etc 1, 500. 00 Advertising 1, 200. 00 Fiscal Year 2009/ 2010 Salaries and Benefits 168, 840. 00 Office Supplies and Equipment 2, 500. 00 Travel Perdiem Workshops, etc 1, 500. 00 Advertising 1, 200. 00 Based on a distribution of 1, 740,400. 00  LHAP Template 6/ 06 Exhibit D 67- 37. 005 F.A. C. CERTIFICATION TO FLORIDA HOUSING FINANCE CORPORATION Name of Local Government: OKALOOSA COUNTY 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 confonns 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 confonnance with the Local Housing Assistance Plan. 9) Amendments to the approved Local Housing Assistance Plan shall be provided to the Corporation with in 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 pennitted 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 available. 13) An interlocal entity shall have its local housing assistance trust fund separately audited 1  LHAP Template 6/ 06 Exhibit D 67- 37. 005 F.A. C. 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 ( LlliTC) Program shall comply with the income, affordability and other LlliTC 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