Okaloosa County BOCC — 2013 meeting #1140 (date undetermined) — 2013-2016 LHAP Revised Per FHFC — reading text

Criteria All applicants that meet the selection criteria will be served on a first come- first qualified- first served bases and must be approved by vote of the Board of Directors of the Okaloosa Community Development Corporation. NOTE: All applicants must be registered and have ability to obtain permits in Okaloosa County, and have current license to operate its bus iness within Okaloosa County. SHIP applicants must agree to comply with all SHI P program guidelines by contract, certify that it will not discriminate on the basis of race, creed, color, marital status, religion, age, sex, familial status, national origin, or handicap, and certify that all SH IP assisted individuals or households qualify as very low or low income under the current Florida Housing Finance Corporation income limits. Renta l housing constructed or rehabilitated using SH IP funds must provide the minimum set aside of units for eligible persons for at least (15) years or the term of assistance, whichever is longer. Throughout the terms of aSSistance, the Okaloosa Com munity Development Corporation will be monitoring the Rental Housing to ensure guidelines are being met. The staff or 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 determ ination of tenant eligibility. Rental housing offered for sale prior to the end of this period must be subject to a first right of refusal for pu rchase at the current market value by eligible non-profit organizations who would provide con tinued occupancy by eligible persons. H. SPECIAL NEEDS HOUSING STRATEGY 1. Summary of the Strategy: This strategy will be used in all areas of Okaloosa County and the City of Fort Walton Beach to qualified not-for-profit organizations applying for funds to acquire, develop andlor rehabilitate affordable housing for very - low to low income special needs populations. Persons who have special housing needs are defined in Chapter 67-37.002 (2 1), FAC. Such persons included: those who have encountered res istance to their residing in particular communities; suffered increased housing costs resulting from their unique needs and high risk of institutionalization; persons with developmental disabilities; persons with mental illness or chemical dependency; persons with Acquired Immune Deficiency Syndrome ("AIDS") and Human Immunodeficiency Virus ("H IV") disease; runaways and - 13 -  abandoned youth; public assistance recipients; migrant and seasonal farm workers; refugees and entrants; the elderly; and disabled adults._The not-for-profitlfor profit organizations selected for award of funding will utilize a first come, first served tenant selection process, 2. Fiscal Years Covered: 2013/2014; 2014/2015; 2015/2016 3. Income and eligibility requirements: Eligible persons include those whose income do not exceed 80% of median income Eligible activities include acquisition, reconstruction, moderate or substantial rehabilitation, site improvements, conversion, andlor new construction of units. None of the funds may be used for administrative support, staff, administrative materials, and or any other cost associated with administration. Allowable SHIP expenses under this strategy are: construction materials and labor, permits , payment of impact and capacity fees, lender fees, and infrastructure expenses typically paid by the developer, appraisals, soft costs such as engineering fees, architectural and re lated fees, environmental studies, financing costs, and legal fees. 4. Applicant Criteria The applicant must have experienced staff that have successfully completed similar projects, or experienced consultants. Applicant will conjoin housing with appropriate services, enabling special needs individuals to achieve independent living appropriate to their level of ability. Rental housing offered for sale prior to the end of this period will be required to offer a right of first refusal for purchase at the current market value by eligible non- profit organizations that would provide continued occupancy by eligible persons. 5. Terms, Recapture and Defaull: T The SHIP note will be 0% for non-profit organizations only whose application fit criteria for Special Needs and is to be approved by the Board of Directors'. No payments will be required. Based on the Board of Directors approval the loan will be secured by mortgage and note, with a term of 15 years. If at anytime the originally intended use of the special needs housing changes, the funds utilized from SHIP must be repaid in full. Limits: New Construction $50,OOO/Unit Existing $40,OOO/Unit IV. LHAP INCENTIVE STRATEGIES Section 420.9071(16), F.S. a. Incentive: The processing of approvals of development orders or permits, as defined in s. 163.3164(7) and (8), for affordable housing projects - 14 -  is expedited to a greater degree than other projects. (Section 420.9071(16), Florida Statutes) Okaloosa Countv: As provided in Policy 1.4.4 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 CountylCity 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 CountylCity 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. c. Incentive. Establishment of a schedule for implementing the incentive strategies. (Section 420.9071 (16), Florida Statutes) Okaloosa County: Im plementation 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. IV. EXHIBITS: A. Administrative Budget, For Each Fiscal Year Covered in the Plan Chapter 67-37.005), FAC. B. Timeline For Each Fiscal Year Covered in the Plan: Chapter 67-37.005), FAC. - 15 - C. Housing Delivery Goals Chart (HDGC) For Each Fiscal Year Covered in Ihe Plan: Chapler 67-37.005), FAC . D. Certification Page: Chapter 67-37.005(7), F.A.C. Signed Cerlificalion is allached. E. Resolution: Signed Resolulion is allached . F. Program Information Sheet G. Ordinance H. Inter-local Agreement: Section 420.9072, F.S. Signed Inler-Iocal Agreemenl will follow. - 16-