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HomeMy WebLinkAbout2002-017 RESOLUTION NO 2002--.W7 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA AMENDING THE COUNTY'S LOCAL HOUSING ASSISTANCE PLAN FOR FY 2000-2001, 2001-2002, AND 2002-2003. WHEREAS, Chapter 420, Florida Statutes, describes the State Housing Initiative Partnership Program (SHIP) , and states that the principal objective of that program is to increase the amount of affordable housing within the State of Florida; and WHEREAS, on April 6, 1993 , Indian River County approved ordinance number 93-13, establishing the Local Housing Assistance Program; and WHEREAS, the current county's Local Housing Assistance plan expires on June 30, 2003 ; and WHEREAS, The county's current Local Housing Assistance Plan adequately addresses the county's affordable housing needs; and WHEREAS, on April 2nd, 2002, the Board of County Commissioners considered a proposed amendment to the county's Local Housing Assistance Plan; NOW THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Indian River County, Florida that: Section 1. The above recitals are ratified in their entirety Y RESOLUTION NO. 2002 - 017 Section 2 . Pages 29 and 30 of the Indian River County Local Housing Assistance Plan for FY 2000-2001, 2001-2002, and 2002-2003 are hereby amended as shown in attachment "A" by the Board of County Commissioners. Section 3 . The Board of County Commissioners directs staff to submit two copies of revised pages 29 and 30 of the Indian River County Local Housing Assistance Plan to the Florida Housing Finance Corporation by certified mail . The foregoing resolution was offered by Commissioner Ginn and seconded by Commissioner Macht and being put to a vote, the vote was as follows: Chairman, Ruth Stanbridge Ay Vice Chairman, John Tippin We Commissioner, Kenneth R. Macht Ay-e_ Commissioner, Fran Adams 4e- Commissioner, Caroline D. Ginn Aya-- The Chairman thereupon declared the resolution duly passed and adopted this 2nd day of April 2002 . RESOLUTION NO. 2002 - 017 Board of County Commissioners of Indian River County N Ruth Stanbridge, �hair�man L 6 r : °Y BCC Approved: April 2, 2002 . ....; Attest J fret' K. C erk APPROVED AS TO FORM AND LEGAL SUFFICIENCY BY: l � William G. Collins, II Deputy County Attorney u\v\h\housing.res Attachment "A" inspection by the corresponding jurisdictional Building Department and the county designated inspector that all required rehabilitation activities for the eligible housing unit are completed. No SHIP funds will be paid for any work completed prior to issuance of the notice to proceed. Besides general rehabilitation activities, funds may be Provided for emergency repairs . Emergency repairs eligible for SHIP funding are limited to weatherization activities. Weatherization means materials or measures and their installation which are used to improve the thermal efficiency of a residence. For emergency repairs, only one written licensed contractor estimate is needed. No credit verification is needed for emergency repairs. Rehabilitation/emergency repair grants may be leveraged with private funds, small city Community Development Block Grant (CDBG) funds, weatherization funds, HUD transitional housing funds, and other state and federal programs as appropriate. b. Eligibility i . Geographic Area Rehabilitation grants may be made for eligible housing units located anywhere in the County, including all municipalities located within the County. ii . Housing Unit Classification Eligible housing units receiving IRCLHAProgram Rehabilitation Grants must be owner-occupied single-family residences or multi-family residential rental projects owned and managed by a non-profit organization. Mobile homes are not eligible. iii . Applicant Classification (a) Rehabilitation grants may be awarded to the following eligible persons : 1 . Very Low-Income Eligible Persons 2 . Non-Profit Organizations 3 . Low-Income Eligible Persons only when the rehabilitation grant is a match for another housing program such as the CDBG program, HOME Investment Partnership 29 Program (HOME) , or other state or federal housing program. (b) Rehabilitation grants shall result in eligible housing for the following eligible persons : 1 . Very Low-Income Persons 2 . Low-Income Persons c. Basic Award Terms i . Maximum Monetary Award The maximum monetary award for a rehabilitation grant shall not exceed $20, 000 . 00 per each eligible single-family housing unit. Rehabilitation grants for multiple family structures shall be limited to a maximum monetary award of $100, 000 for 3 or more unit multi-family rental building owned and managed by a non-profit organization. ii . Repayment Terms/Timeframe The repayment of funds awarded as a rehabilitation grant is not required, except in cases where the assisted housing unit is sold prior to termination of the unit's affordable classification timeframe (10 years for owner-occupied units 15 years for rental units) . In cases where the unit is sold, the entire original grant amount must be paid back at the time of resale of the unit . iii . Interest Rate There will be no applicable interest rate for rehabilitation grants iv. Affordable Classification Timeframe Housing units whose owners receive funds from the IRCLHAProgram Rehabilitation Grant Strategy Program shall be occupied by the same qualified eligible household who received the assistance for a period of not less than ten years (10) years . Any multi- family rental building rehabilitated with SHIP funds provided pursuant to this strategy must be owned and managed by the same non-profit organization which receives the original assistance for 9) fifteen (15) years. For rental units, the Indian River County SHIP office will monitor rents and renters' income eligibility on an annual basis for the 15 year life of rental rehabilitation assistance grant period. 30