HomeMy WebLinkAbout16-062RESOLUTION NO. 2016-062
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 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 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, Sections 420.907-420.9079, Florida
Statutes, and Chapter 67-37, Florida Administrative Code, requires local governments to develop a one- to
three-year Local Housing Assistance Plan 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 Local Housing Assistance Plan; and,
WHEREAS, as required by Section 420.9075, Florida Statute. 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 Section. 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,
WHEREAS, the Community Services Department -Housing Division has prepared a three-year Local
Housing Assistance Plan for submission to the Florida Housing Finance Corporation; and.],
WHEREAS, the Board finds that it is in the best interest of the public for St. Lucie 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:
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ATTEST:
1 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 ss.
420.907-420-9079, Florida Statutes, for Fiscal Years 2016/17, 2017/18, and 2018/19.
2. The Chairman, or Vice 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.
3. This resolution shall take effect immediately upon its adoption.
PASSED AND ADOPTED this 19th day of April, 2016.
BOARD OF COMTY COMMA SIONERS
ST LUCIKQl7NTY, FWRID
nn4;��' '� BY:
DEPUTY CLERK HAIRMAN
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APPROV�D AS TO CORRF NESS
AND FOR :/in ,,,,4 7
COUNTY ATTORNEY