HomeMy WebLinkAbout13-054RESOLUTION NO. 13-054
A RESOLUTION APPROVING THE LOCAL HOUSING ASSISTANCE PLAN 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 CHAIRMAN 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; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Board of County Commissioners of St. Lucie County, Florida, (the "Board"), has made the
following determinations:
1. 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,
2. The State Housing Initiatives Partnership (SHIP) Act, Sections 420.907-420.9079, Florida Statutes
(2012), and Rule Chapter 67-37, Florida Administrative Code, require local governments to develop a one- to
three-year Local Housing Assistance Plan outlining how funds will be used; and,
3. The SHIP Act requires local governments to establish the maximum SHIP funds allowable for
each strategy; and,
4. 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 Local Housing Assistance Plan; and,
5. As required by Section 420.9075, Florida Statutes, it is found that five percent (5%) of the local
housing distribution plus five percent (5%) of program income is insufficient to adequately pay the necessary
costs of administering the local housing assistance plan. The cost of administering the program may not exceed
ten percent (10%) of the local housing distribution plus five percent (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 ten percent (10%) of program income for administrative
costs; and,
6. The Economic and Community Development Department has prepared athree-year Local
Housing Assistance Plan for submission to the Florida Housing Finance Corporation; and,
7. The Board finds that it is in the best interest of the public for the County to submit the Local
Housing Assistance Plan for review and approval so as to qualify for said documentary stamp tax funds.
NOW THEREFORE, BE IT RESOLVED BY THE Board of County Commissioners of St. Lucie County, Florida,
as follows:
1
A. The Board hereby approves the Local Housing Assistance Plan, as attached and incorporated
hereto for submission to the Florida Housing Finance Corporation as required by Sections
420.907-420-9079, Florida Statutes, for fiscal years 2013/14, 2014/15, and 2015/16.
B. The Chairman, or Vice Chairman in the absence of the Chairman, 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.
C. This resolution shall take effect immediately upon its adoption.
PASSED AND ADOPTED this 2nd day of April 2013.
BOARD OF COUNTY COMMISSIONERS
ST LUCIE COUNTY, FLORIDA
BY: ~~"(~
CHAIRMAN
APPROVED AS TO CORRECTNESS
AND FORM:
1-~% COUNTY ATT NEY