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HomeMy WebLinkAbout26-058 RESOLUTION NO. 2026-58 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF ST. LUCIE COUNTY, FLORIDA, AMENDING THE LOCAL HOUSING ASSISTANCE PLAN ADOPTED PURSUANT TO THE STATE HOUSING INITIATIVES PARTNERSHIP PROGRAM ACT, SECTIONS 420.907-420.9079, FLORIDA STATUTES, AND RULE CHAPTER 67-37, FLORIDA ADMINISTRATIVE CODE, TO INCLUDE A FORECLOSURE PREVENTION STRATEGY;AUTHORIZING THE CHAIR TO EXECUTE ANY NECESSARY DOCUMENTS AND CERTIFICATIONS;AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the State of Florida enacted the William E. Sadowski Affordable Housing Act, Chapter 92-317, Laws of Florida, 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 Rule Chapter 67-37, Florida Administrative Code, require local governments to adopt and maintain a Local Housing Assistance Plan outlining the strategies through which SHIP funds will be expended; and WHEREAS, on May 6, 2025, the Board of County Commissioners approved a three-year Local Housing Assistance Plan for Fiscal Years 2025-2026, 2026-2027, and 2027-2028; and WHEREAS, the Community Services Department, Housing Division, has identified the need to amend the Local Housing Assistance Plan to add a foreclosure prevention strategy to preserve existing homeownership and prevent displacement of income-eligible households; and WHEREAS, the proposed foreclosure prevention strategy has been reviewed by the Florida Housing Finance Corporation and was conditionally approved on December 17, 2025, subject to approval by the Board of County Commissioners and submission of the amended Local Housing Assistance Plan with an executed resolution; and WHEREAS, the Board of County Commissioners finds that inclusion of a foreclosure prevention strategy is consistent with the purposes of the SHIP Act and is in the best interest of the residents of St. Lucie County. NOW,THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF ST. LUCIE COUNTY, FLORIDA, AS FOLLOWS: Section 1. The Local Housing Assistance Plan for Fiscal Years 2025-2026, 2026-2027, and 2027-2028 is hereby amended to include a foreclosure prevention strategy, as more fully described in the amended Local Housing Assistance Plan attached hereto and incorporated by reference. Section 2. The Board of County Commissioners acknowledges the conditional approval of the foreclosure prevention strategy by the Florida Housing Finance Corporation dated December 17, 2025, and authorizes submission of the amended Local Housing Assistance Plan, together with this executed resolution, for final approval. Section 3. The Chair of the Board of County Commissioners is hereby authorized and directed to execute any documents and certifications required by the Florida Housing Finance Corporation and to take any actions necessary to carry out the intent and purposes of this resolution. Section 4. This resolution shall take effect immediately upon its adoption. After motion and second, the vote on this resolution was as follows: Commissioner Jamie Fowler, Chair AYE Commissioner Larry Leet,Vice Chair AYE Commissioner James Clasby AYE Commissioner Erin Lowry AYE Commissioner Cathy Townsend AYE PASSED AND ADOPTED this 2 ICI day of Rprt.I , 2026. ATTEST: BOARD OF COUNTY COMMISSIOERS ,c GOMM'�1 0s+� ST LUCIE COUNTY, FLORIDA O BY: DEPUTY CLERK * cc; Ace CH R oe `Ge/A. NT'�•F A ED AS TO CORRECTNESS AND FORM: 4 ' COON TTORNEY