1 | A bill to be entitled |
2 | An act relating to affordable housing; amending s. |
3 | 159.608, F.S.; providing a housing finance authority with |
4 | an additional purpose for which it may exercise its power |
5 | to borrow; amending s. 201.15, F.S.; removing a limitation |
6 | on the amount of proceeds from excise taxes on documents |
7 | to be deposited into the State Housing Trust Fund each |
8 | fiscal year; providing for retroactive repeal of s. 8, ch. |
9 | 2009-131, Laws of Florida, to eliminate a conflicting |
10 | version of s. 201.15, F.S.; amending s. 420.0003, F.S.; |
11 | providing additional policy guidelines under the state |
12 | housing strategy for the development of programs for |
13 | housing production or rehabilitation; including the needs |
14 | of persons with special needs in the strategy's periodic |
15 | review and report; amending s. 420.0004, F.S.; defining |
16 | the terms "disabling condition" and "person with special |
17 | needs"; conforming cross-references; amending s. 420.5061, |
18 | F.S.; removing a provision requiring the Florida Housing |
19 | Finance Corporation to transfer certain funds to the |
20 | General Revenue Fund; amending s. 420.507, F.S.; requiring |
21 | certain rates of interest to be made available to sponsors |
22 | of projects for persons with special needs; providing |
23 | additional powers of the corporation relating to receipt |
24 | of federal funds; conforming a cross-reference; amending |
25 | s. 420.5087, F.S.; limiting the reservation of funds |
26 | within each notice of fund availability to the persons |
27 | with special needs tenant group; including persons with |
28 | special needs as a tenant group for specified purposes of |
29 | the State Apartment Incentive Loan Program; requiring a |
30 | specified review committee to include projects that |
31 | reserve units for persons with special needs in its |
32 | evaluation and competitive ranking of applications for |
33 | such program; conforming a cross-reference; amending ss. |
34 | 163.31771, 212.08, 215.5586, and 420.503, F.S.; conforming |
35 | cross-references; providing legislative intent; |
36 | prohibiting funds from the State Housing Trust Fund or the |
37 | Local Government Housing Trust Fund that are appropriated |
38 | for specified programs from being used for certain |
39 | purposes; providing for future repeal; providing an |
40 | effective date. |
41 |
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42 | Be It Enacted by the Legislature of the State of Florida: |
43 |
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44 | Section 1. Subsection (11) is added to section 159.608, |
45 | Florida Statutes, to read: |
46 | 159.608 Powers of housing finance authorities.-A housing |
47 | finance authority shall constitute a public body corporate and |
48 | politic, exercising the public and essential governmental |
49 | functions set forth in this act, and shall exercise its power to |
50 | borrow only for the purpose as provided herein: |
51 | (11) To invest and reinvest surplus funds of the housing |
52 | finance authority in accordance with s. 218.415. However, in |
53 | addition to the investments expressly authorized in ss. |
54 | 218.415(16)(a)-(g) and (17)(a)-(d), a housing finance authority |
55 | may invest surplus funds in interest-bearing time deposits or |
56 | savings accounts that are fully insured by the Federal Deposit |
57 | Insurance Corporation regardless of whether the bank or |
58 | financial institution in which the deposit or investment is made |
59 | is a qualified public depository as defined in s. 280.02. This |
60 | subsection is supplementary to and may not be construed as |
61 | limiting any powers of a housing finance authority or providing |
62 | or implying a limiting construction of any other statutory |
63 | provision. |
64 | Section 2. Subsections (9), (10), (13), (15), (16), and |
65 | (17) of section 201.15, Florida Statutes, as amended by chapters |
66 | 2009-17, 2009-21, and 2009-68, Laws of Florida, are amended to |
67 | read: |
68 | 201.15 Distribution of taxes collected.-All taxes |
69 | collected under this chapter are subject to the service charge |
70 | imposed in s. 215.20(1). Prior to distribution under this |
71 | section, the Department of Revenue shall deduct amounts |
72 | necessary to pay the costs of the collection and enforcement of |
73 | the tax levied by this chapter. Such costs and the service |
74 | charge may not be levied against any portion of taxes pledged to |
75 | debt service on bonds to the extent that the costs and service |
76 | charge are required to pay any amounts relating to the bonds. |
77 | After distributions are made pursuant to subsection (1), all of |
78 | the costs of the collection and enforcement of the tax levied by |
79 | this chapter and the service charge shall be available and |
80 | transferred to the extent necessary to pay debt service and any |
81 | other amounts payable with respect to bonds authorized before |
82 | January 1, 2010, secured by revenues distributed pursuant to |
83 | subsection (1). All taxes remaining after deduction of costs and |
84 | the service charge shall be distributed as follows: |
85 | (9) Seven and fifty-three hundredths The lesser of 7.53 |
86 | percent of the remaining taxes or $107 million in each fiscal |
87 | year shall be paid into the State Treasury to the credit of the |
88 | State Housing Trust Fund and used as follows: |
89 | (a) Half of that amount shall be used for the purposes for |
90 | which the State Housing Trust Fund was created and exists by |
91 | law. |
92 | (b) Half of that amount shall be paid into the State |
93 | Treasury to the credit of the Local Government Housing Trust |
94 | Fund and used for the purposes for which the Local Government |
95 | Housing Trust Fund was created and exists by law. |
96 | (10) Eight and sixty-six hundredths The lesser of 8.66 |
97 | percent of the remaining taxes or $136 million in each fiscal |
98 | year shall be paid into the State Treasury to the credit of the |
99 | State Housing Trust Fund and used as follows: |
100 | (a) Twelve and one-half percent of that amount shall be |
101 | deposited into the State Housing Trust Fund and be expended by |
102 | the Department of Community Affairs and by the Florida Housing |
103 | Finance Corporation for the purposes for which the State Housing |
104 | Trust Fund was created and exists by law. |
105 | (b) Eighty-seven and one-half percent of that amount shall |
106 | be distributed to the Local Government Housing Trust Fund and |
107 | used for the purposes for which the Local Government Housing |
108 | Trust Fund was created and exists by law. Funds from this |
109 | category may also be used to provide for state and local |
110 | services to assist the homeless. |
111 | (13) Beginning July 1, 2008, in each fiscal year that the |
112 | remaining taxes collected under this chapter exceed collections |
113 | in the prior fiscal year, the stated maximum dollar amounts |
114 | provided in subsections (2), (4), (6), and (7), (9), and (10) |
115 | shall each be increased by an amount equal to 10 percent of the |
116 | increase in the remaining taxes collected under this chapter |
117 | multiplied by the applicable percentage provided in those |
118 | subsections. |
119 | (15) Distributions to the State Housing Trust Fund |
120 | pursuant to subsections (9) and (10) shall be sufficient to |
121 | cover amounts required to be transferred to the Florida |
122 | Affordable Housing Guarantee Program's annual debt service |
123 | reserve and guarantee fund pursuant to s. 420.5092(6)(a) and (b) |
124 | up to but not exceeding the amount required to be transferred to |
125 | such reserve and fund based on the percentage distribution of |
126 | documentary stamp tax revenues to the State Housing Trust Fund |
127 | which is in effect in the 2004-2005 fiscal year. |
128 | (15)(16) If amounts necessary to pay debt service or any |
129 | other amounts payable with respect to Preservation 2000 bonds, |
130 | Florida Forever bonds, or Everglades Restoration bonds |
131 | authorized before July 1, 2009, exceed the amounts distributable |
132 | pursuant to subsection (1), all moneys distributable pursuant to |
133 | this section are available for such obligations and transferred |
134 | in the amounts necessary to pay such obligations when due. |
135 | However, amounts distributable pursuant to subsection (2), |
136 | subsection (3), subsection (4), subsection (5), paragraph |
137 | (9)(a), or paragraph (10)(a) are not available to pay such |
138 | obligations to the extent that such moneys are necessary to pay |
139 | debt service on bonds secured by revenues pursuant to those |
140 | provisions. |
141 | (16)(17) The remaining taxes collected under this chapter, |
142 | after the distributions provided in the preceding subsections, |
143 | shall be paid into the State Treasury to the credit of the |
144 | General Revenue Fund. |
145 | Section 3. Section 8 of chapter 2009-131, Laws of Florida, |
146 | is repealed, retroactive to June 30, 2009. |
147 | Section 4. Paragraph (e) of subsection (3) and paragraph |
148 | (c) of subsection (4) of section 420.0003, Florida Statutes, are |
149 | amended to read: |
150 | 420.0003 State housing strategy.- |
151 | (3) POLICIES.- |
152 | (e) Housing production or rehabilitation programs.-New |
153 | programs for housing production or rehabilitation shall be |
154 | developed in accordance with the following general guidelines as |
155 | appropriate for the purpose of the specific program: |
156 | 1. State and local governments shall provide incentives to |
157 | encourage the private sector to be the primary delivery vehicle |
158 | for the development of affordable housing. |
159 | 2. State funds should be heavily leveraged to achieve the |
160 | maximum local and private commitment of funds while achieving |
161 | the program objectives. |
162 | 3. To the maximum extent possible, state funds should be |
163 | expended to provide housing units rather than to support program |
164 | administration. |
165 | 4. State money should be used, when possible, as loans |
166 | rather than grants. |
167 | 5. State funds should be available only to local |
168 | governments that provide incentives or financial assistance for |
169 | housing. |
170 | 6. State funds should be made available only for projects |
171 | which are consistent with the local government comprehensive |
172 | plan. |
173 | 7. State funding for housing should not be made available |
174 | to local governments whose comprehensive plans have been found |
175 | not in compliance with chapter 163 and who have not entered into |
176 | a stipulated settlement agreement with the Department of |
177 | Community Affairs to bring the plan into compliance. |
178 | 8. Mixed income projects should be encouraged, to avoid a |
179 | concentration of low-income residents in one area or project. |
180 | 9. Distribution of state housing funds should be flexible |
181 | and consider the regional and local needs, resources, and |
182 | capabilities of housing producers. |
183 | 10. Distribution of housing funds for multifamily rental |
184 | housing should be administered to address the housing needs of |
185 | persons most in need of housing. |
186 | 11.10. Income levels used to determine program eligibility |
187 | should be adjusted for family size in determining the |
188 | eligibility of specific beneficiaries. |
189 | 12.11. To the maximum extent possible, state-owned lands |
190 | that are appropriate for the development of affordable housing |
191 | shall be made available for that purpose. |
192 | (4) IMPLEMENTATION.-The Department of Community Affairs |
193 | and the Florida Housing Finance Corporation in carrying out the |
194 | strategy articulated herein shall have the following duties: |
195 | (c) The Shimberg Center for Affordable Housing, in |
196 | consultation with the Department of Community Affairs and the |
197 | Florida Housing Finance Corporation, shall review and evaluate |
198 | existing housing rehabilitation, production, and finance |
199 | programs to determine their consistency with relevant policies |
200 | in this section and identify the needs of specific populations, |
201 | including, but not limited to, elderly persons, and handicapped |
202 | persons, and persons with special needs, and shall recommend |
203 | statutory modifications where appropriate. The Shimberg Center |
204 | for Affordable Housing, in consultation with the Department of |
205 | Community Affairs and the corporation, shall also evaluate the |
206 | degree of coordination between state housing programs, and |
207 | between state, federal, and local housing activities, and shall |
208 | recommend improved program linkages. The recommendations |
209 | required above and a report of any programmatic modifications |
210 | made as a result of these policies shall be included in the |
211 | housing report required by s. 420.6075, beginning December 31, |
212 | 1991, and every 5 years thereafter. |
213 | Section 5. Section 420.0004, Florida Statutes, is amended |
214 | to read: |
215 | 420.0004 Definitions.-As used in this part, unless the |
216 | context otherwise indicates: |
217 | (1) "Adjusted for family size" means adjusted in a manner |
218 | which results in an income eligibility level which is lower for |
219 | households with fewer than four people, or higher for households |
220 | with more than four people, than the base income eligibility |
221 | determined as provided in subsection (9) (8), subsection (11) |
222 | (10), subsection (12) (11), or subsection (17) (15), based upon |
223 | a formula as established by the United States Department of |
224 | Housing and Urban Development. |
225 | (2) "Adjusted gross income" means all wages, assets, |
226 | regular cash or noncash contributions or gifts from persons |
227 | outside the household, and such other resources and benefits as |
228 | may be determined to be income by the United States Department |
229 | of Housing and Urban Development, adjusted for family size, less |
230 | deductions allowable under s. 62 of the Internal Revenue Code. |
231 | (3) "Affordable" means that monthly rents or monthly |
232 | mortgage payments including taxes, insurance, and utilities do |
233 | not exceed 30 percent of that amount which represents the |
234 | percentage of the median adjusted gross annual income for the |
235 | households as indicated in subsection (9) (8), subsection (11) |
236 | (10), subsection (12) (11), or subsection (17) (15). |
237 | (4) "Corporation" means the Florida Housing Finance |
238 | Corporation. |
239 | (5) "Community-based organization" or "nonprofit |
240 | organization" means a private corporation organized under |
241 | chapter 617 to assist in the provision of housing and related |
242 | services on a not-for-profit basis and which is acceptable to |
243 | federal and state agencies and financial institutions as a |
244 | sponsor of low-income housing. |
245 | (6) "Department" means the Department of Community |
246 | Affairs. |
247 | (7) "Disabling condition" means a diagnosable substance |
248 | abuse disorder, serious mental illness, developmental |
249 | disability, or chronic physical illness or disability, or the |
250 | co-occurrence of two or more of these conditions, and a |
251 | determination that the condition is: |
252 | (a) Expected to be of long-continued and indefinite |
253 | duration; and |
254 | (b) Not expected to impair the ability of the person with |
255 | special needs to live independently with appropriate supports. |
256 | (8)(7) "Elderly" describes persons 62 years of age or |
257 | older. |
258 | (9)(8) "Extremely-low-income persons" means one or more |
259 | natural persons or a family whose total annual household income |
260 | does not exceed 30 percent of the median annual adjusted gross |
261 | income for households within the state. The Florida Housing |
262 | Finance Corporation may adjust this amount annually by rule to |
263 | provide that in lower income counties, extremely low income may |
264 | exceed 30 percent of area median income and that in higher |
265 | income counties, extremely low income may be less than 30 |
266 | percent of area median income. |
267 | (10)(9) "Local public body" means any county, |
268 | municipality, or other political subdivision, or any housing |
269 | authority as provided by chapter 421, which is eligible to |
270 | sponsor or develop housing for farmworkers and very-low-income |
271 | and low-income persons within its jurisdiction. |
272 | (11)(10) "Low-income persons" means one or more natural |
273 | persons or a family, the total annual adjusted gross household |
274 | income of which does not exceed 80 percent of the median annual |
275 | adjusted gross income for households within the state, or 80 |
276 | percent of the median annual adjusted gross income for |
277 | households within the metropolitan statistical area (MSA) or, if |
278 | not within an MSA, within the county in which the person or |
279 | family resides, whichever is greater. |
280 | (12)(11) "Moderate-income persons" means one or more |
281 | natural persons or a family, the total annual adjusted gross |
282 | household income of which is less than 120 percent of the median |
283 | annual adjusted gross income for households within the state, or |
284 | 120 percent of the median annual adjusted gross income for |
285 | households within the metropolitan statistical area (MSA) or, if |
286 | not within an MSA, within the county in which the person or |
287 | family resides, whichever is greater. |
288 | (13) "Person with special needs" means an adult person |
289 | requiring independent living services in order to maintain |
290 | housing or develop independent living skills and who has a |
291 | disabling condition; a young adult formerly in foster care who |
292 | is eligible for services under s. 409.1451(5); a survivor of |
293 | domestic violence as defined in s. 741.28; or a person receiving |
294 | benefits under the Social Security Disability Insurance (SSDI) |
295 | program or the Supplemental Security Income (SSI) program or |
296 | from veterans' disability benefits. |
297 | (14)(12) "Student" means any person not living with his or |
298 | her parent or guardian who is eligible to be claimed by his or |
299 | her parent or guardian as a dependent under the federal income |
300 | tax code and who is enrolled on at least a half-time basis in a |
301 | secondary school, career center, community college, college, or |
302 | university. |
303 | (15)(13) "Substandard" means: |
304 | (a) Any unit lacking complete plumbing or sanitary |
305 | facilities for the exclusive use of the occupants; |
306 | (b) A unit which is in violation of one or more major |
307 | sections of an applicable housing code and where such violation |
308 | poses a serious threat to the health of the occupant; or |
309 | (c) A unit that has been declared unfit for human |
310 | habitation but that could be rehabilitated for less than 50 |
311 | percent of the property value. |
312 | (16)(14) "Substantial rehabilitation" means repair or |
313 | restoration of a dwelling unit where the value of such repair or |
314 | restoration exceeds 40 percent of the value of the dwelling. |
315 | (17)(15) "Very-low-income persons" means one or more |
316 | natural persons or a family, not including students, the total |
317 | annual adjusted gross household income of which does not exceed |
318 | 50 percent of the median annual adjusted gross income for |
319 | households within the state, or 50 percent of the median annual |
320 | adjusted gross income for households within the metropolitan |
321 | statistical area (MSA) or, if not within an MSA, within the |
322 | county in which the person or family resides, whichever is |
323 | greater. |
324 | Section 6. Section 420.5061, Florida Statutes, is amended |
325 | to read: |
326 | 420.5061 Transfer of agency assets and liabilities.-The |
327 | corporation is the legal successor in all respects to the |
328 | agency, is obligated to the same extent as the agency under any |
329 | agreements existing on December 31, 1997, and is entitled to any |
330 | rights and remedies previously afforded the agency by law or |
331 | contract, including specifically the rights of the agency under |
332 | chapter 201 and part VI of chapter 159. Effective January 1, |
333 | 1998, all references under Florida law to the agency are deemed |
334 | to mean the corporation. The corporation shall transfer to the |
335 | General Revenue Fund an amount which otherwise would have been |
336 | deducted as a service charge pursuant to s. 215.20(1) if the |
337 | Florida Housing Finance Corporation Fund established by s. |
338 | 420.508(5), the State Apartment Incentive Loan Fund established |
339 | by s. 420.5087(7), the Florida Homeownership Assistance Fund |
340 | established by s. 420.5088(4), the HOME Investment Partnership |
341 | Fund established by s. 420.5089(1), and the Housing |
342 | Predevelopment Loan Fund established by s. 420.525(1) were each |
343 | trust funds. For purposes of s. 112.313, the corporation is |
344 | deemed to be a continuation of the agency, and the provisions |
345 | thereof are deemed to apply as if the same entity remained in |
346 | place. Any employees of the agency and agency board members |
347 | covered by s. 112.313(9)(a)6. shall continue to be entitled to |
348 | the exemption in that subparagraph, notwithstanding being hired |
349 | by the corporation or appointed as board members of the |
350 | corporation. |
351 | Section 7. Paragraph (a) of subsection (22) and |
352 | subsections (33) and (46) of section 420.507, Florida Statutes, |
353 | are amended to read: |
354 | 420.507 Powers of the corporation.-The corporation shall |
355 | have all the powers necessary or convenient to carry out and |
356 | effectuate the purposes and provisions of this part, including |
357 | the following powers which are in addition to all other powers |
358 | granted by other provisions of this part: |
359 | (22) To develop and administer the State Apartment |
360 | Incentive Loan Program. In developing and administering that |
361 | program, the corporation may: |
362 | (a) Make first, second, and other subordinated mortgage |
363 | loans including variable or fixed rate loans subject to |
364 | contingent interest for all State Apartment Incentive Loans |
365 | provided in this chapter based upon available cash flow of the |
366 | projects. The corporation shall make loans exceeding 25 percent |
367 | of project cost only to nonprofit organizations and public |
368 | bodies that are able to secure grants, donations of land, or |
369 | contributions from other sources and to projects meeting the |
370 | criteria of subparagraph 1. Mortgage loans shall be made |
371 | available at the following rates of interest: |
372 | 1. Zero to 3 percent interest for sponsors of projects |
373 | that set aside at least 80 percent of their total units for |
374 | residents qualifying as farmworkers, commercial fishing workers, |
375 | or the homeless as defined in s. 420.621, or persons with |
376 | special needs as defined in s. 420.0004(13) over the life of the |
377 | loan. |
378 | 2. Zero to 3 percent interest based on the pro rata share |
379 | of units set aside for homeless residents or persons with |
380 | special needs if the total of such units is less than 80 percent |
381 | of the units in the borrower's project. |
382 | 3. One to 9 percent interest for sponsors of projects |
383 | targeted at populations other than farmworkers, commercial |
384 | fishing workers, or the homeless, or persons with special needs. |
385 | (33) To receive federal funding in connection with the |
386 | corporation's programs directly from the Federal Government and |
387 | to receive federal funds for which no corresponding program has |
388 | been created in statute and establish selection criteria for |
389 | such funds by request for proposals or other competitive |
390 | solicitation. |
391 | (46) To require, as a condition of financing a multifamily |
392 | rental project, that an agreement be recorded in the official |
393 | records of the county where the real property is located, which |
394 | requires that the project be used for housing defined as |
395 | affordable in s. 420.0004(3) by persons defined in s. |
396 | 420.0004(9)(8), (11)(10), (12)(11), and (17)(15). Such an |
397 | agreement is a state land use regulation that limits the highest |
398 | and best use of the property within the meaning of s. |
399 | 193.011(2). |
400 | Section 8. Subsection (3) and paragraph (c) of subsection |
401 | (6) of section 420.5087, Florida Statutes, are amended to read: |
402 | 420.5087 State Apartment Incentive Loan Program.-There is |
403 | hereby created the State Apartment Incentive Loan Program for |
404 | the purpose of providing first, second, or other subordinated |
405 | mortgage loans or loan guarantees to sponsors, including for- |
406 | profit, nonprofit, and public entities, to provide housing |
407 | affordable to very-low-income persons. |
408 | (3) During the first 6 months of loan or loan guarantee |
409 | availability, program funds shall be reserved for use by |
410 | sponsors who provide the housing set-aside required in |
411 | subsection (2) for the tenant groups designated in this |
412 | subsection. The reservation of funds to each of these groups |
413 | shall be determined using the most recent statewide very-low- |
414 | income rental housing market study available at the time of |
415 | publication of each notice of fund availability required by |
416 | paragraph (6)(b). The reservation of funds within each notice of |
417 | fund availability to the tenant groups in paragraphs (a), (b), |
418 | and (e) (d) may not be less than 10 percent of the funds |
419 | available at that time. Any increase in funding required to |
420 | reach the 10-percent minimum must be taken from the tenant group |
421 | that has the largest reservation. The reservation of funds |
422 | within each notice of fund availability to the tenant group in |
423 | paragraph (c) may not be less than 5 percent of the funds |
424 | available at that time. The reservation of funds within each |
425 | notice of fund availability to the tenant group in paragraph (d) |
426 | may not be more than 10 percent of the funds available at that |
427 | time. The tenant groups are: |
428 | (a) Commercial fishing workers and farmworkers; |
429 | (b) Families; |
430 | (c) Persons who are homeless; |
431 | (d) Persons with special needs; and |
432 | (e)(d) Elderly persons. Ten percent of the amount reserved |
433 | for the elderly shall be reserved to provide loans to sponsors |
434 | of housing for the elderly for the purpose of making building |
435 | preservation, health, or sanitation repairs or improvements |
436 | which are required by federal, state, or local regulation or |
437 | code, or lifesafety or security-related repairs or improvements |
438 | to such housing. Such a loan may not exceed $750,000 per housing |
439 | community for the elderly. In order to receive the loan, the |
440 | sponsor of the housing community must make a commitment to match |
441 | at least 5 percent of the loan amount to pay the cost of such |
442 | repair or improvement. The corporation shall establish the rate |
443 | of interest on the loan, which may not exceed 3 percent, and the |
444 | term of the loan, which may not exceed 15 years; however, if the |
445 | lien of the corporation's encumbrance is subordinate to the lien |
446 | of another mortgagee, then the term may be made coterminous with |
447 | the longest term of the superior lien. The term of the loan |
448 | shall be based on a credit analysis of the applicant. The |
449 | corporation may forgive indebtedness for a share of the loan |
450 | attributable to the units in a project reserved for extremely- |
451 | low-income elderly by nonprofit organizations, as defined in s. |
452 | 420.0004(5), where the project has provided affordable housing |
453 | to the elderly for 15 years or more. The corporation shall |
454 | establish, by rule, the procedure and criteria for receiving, |
455 | evaluating, and competitively ranking all applications for loans |
456 | under this paragraph. A loan application must include evidence |
457 | of the first mortgagee's having reviewed and approved the |
458 | sponsor's intent to apply for a loan. A nonprofit organization |
459 | or sponsor may not use the proceeds of the loan to pay for |
460 | administrative costs, routine maintenance, or new construction. |
461 | (6) On all state apartment incentive loans, except loans |
462 | made to housing communities for the elderly to provide for |
463 | lifesafety, building preservation, health, sanitation, or |
464 | security-related repairs or improvements, the following |
465 | provisions shall apply: |
466 | (c) The corporation shall provide by rule for the |
467 | establishment of a review committee composed of the department |
468 | and corporation staff and shall establish by rule a scoring |
469 | system for evaluation and competitive ranking of applications |
470 | submitted in this program, including, but not limited to, the |
471 | following criteria: |
472 | 1. Tenant income and demographic targeting objectives of |
473 | the corporation. |
474 | 2. Targeting objectives of the corporation which will |
475 | ensure an equitable distribution of loans between rural and |
476 | urban areas. |
477 | 3. Sponsor's agreement to reserve the units for persons or |
478 | families who have incomes below 50 percent of the state or local |
479 | median income, whichever is higher, for a time period to exceed |
480 | the minimum required by federal law or the provisions of this |
481 | part. |
482 | 4. Sponsor's agreement to reserve more than: |
483 | a. Twenty percent of the units in the project for persons |
484 | or families who have incomes that do not exceed 50 percent of |
485 | the state or local median income, whichever is higher; or |
486 | b. Forty percent of the units in the project for persons |
487 | or families who have incomes that do not exceed 60 percent of |
488 | the state or local median income, whichever is higher, without |
489 | requiring a greater amount of the loans as provided in this |
490 | section. |
491 | 5. Provision for tenant counseling. |
492 | 6. Sponsor's agreement to accept rental assistance |
493 | certificates or vouchers as payment for rent. |
494 | 7. Projects requiring the least amount of a state |
495 | apartment incentive loan compared to overall project cost except |
496 | that the share of the loan attributable to units serving |
497 | extremely-low-income persons shall be excluded from this |
498 | requirement. |
499 | 8. Local government contributions and local government |
500 | comprehensive planning and activities that promote affordable |
501 | housing. |
502 | 9. Project feasibility. |
503 | 10. Economic viability of the project. |
504 | 11. Commitment of first mortgage financing. |
505 | 12. Sponsor's prior experience, including whether the |
506 | developer and general contractor have substantial experience, as |
507 | provided in s. 420.507(47). |
508 | 13. Sponsor's ability to proceed with construction. |
509 | 14. Projects that directly implement or assist welfare-to- |
510 | work transitioning. |
511 | 15. Projects that reserve units for extremely-low-income |
512 | persons. |
513 | 16. Projects that include green building principles, |
514 | storm-resistant construction, or other elements that reduce |
515 | long-term costs relating to maintenance, utilities, or |
516 | insurance. |
517 | 17. Domicile of the developer and general contractor, as |
518 | provided in s. 420.507(47). |
519 | 18. Projects that reserve units for persons with special |
520 | needs, provided services for such persons are available to the |
521 | project. |
522 | Section 9. Paragraphs (d), (e), (f), and (g) of subsection |
523 | (2) of section 163.31771, Florida Statutes, are amended to read: |
524 | 163.31771 Accessory dwelling units.- |
525 | (2) As used in this section, the term: |
526 | (d) "Low-income persons" has the same meaning as in s. |
527 | 420.0004(11)(10). |
528 | (e) "Moderate-income persons" has the same meaning as in |
529 | s. 420.0004(12)(11). |
530 | (f) "Very-low-income persons" has the same meaning as in |
531 | s. 420.0004(17)(15). |
532 | (g) "Extremely-low-income persons" has the same meaning as |
533 | in s. 420.0004(9)(8). |
534 | Section 10. Paragraph (o) of subsection (5) of section |
535 | 212.08, Florida Statutes, is amended to read: |
536 | 212.08 Sales, rental, use, consumption, distribution, and |
537 | storage tax; specified exemptions.-The sale at retail, the |
538 | rental, the use, the consumption, the distribution, and the |
539 | storage to be used or consumed in this state of the following |
540 | are hereby specifically exempt from the tax imposed by this |
541 | chapter. |
542 | (5) EXEMPTIONS; ACCOUNT OF USE.- |
543 | (o) Building materials in redevelopment projects.- |
544 | 1. As used in this paragraph, the term: |
545 | a. "Building materials" means tangible personal property |
546 | that becomes a component part of a housing project or a mixed- |
547 | use project. |
548 | b. "Housing project" means the conversion of an existing |
549 | manufacturing or industrial building to housing units in an |
550 | urban high-crime area, enterprise zone, empowerment zone, Front |
551 | Porch Community, designated brownfield area, or urban infill |
552 | area and in which the developer agrees to set aside at least 20 |
553 | percent of the housing units in the project for low-income and |
554 | moderate-income persons or the construction in a designated |
555 | brownfield area of affordable housing for persons described in |
556 | s. 420.0004(9)(8), (11)(10), (12)(11), or (17)(15) or in s. |
557 | 159.603(7). |
558 | c. "Mixed-use project" means the conversion of an existing |
559 | manufacturing or industrial building to mixed-use units that |
560 | include artists' studios, art and entertainment services, or |
561 | other compatible uses. A mixed-use project must be located in an |
562 | urban high-crime area, enterprise zone, empowerment zone, Front |
563 | Porch Community, designated brownfield area, or urban infill |
564 | area, and the developer must agree to set aside at least 20 |
565 | percent of the square footage of the project for low-income and |
566 | moderate-income housing. |
567 | d. "Substantially completed" has the same meaning as |
568 | provided in s. 192.042(1). |
569 | 2. Building materials used in the construction of a |
570 | housing project or mixed-use project are exempt from the tax |
571 | imposed by this chapter upon an affirmative showing to the |
572 | satisfaction of the department that the requirements of this |
573 | paragraph have been met. This exemption inures to the owner |
574 | through a refund of previously paid taxes. To receive this |
575 | refund, the owner must file an application under oath with the |
576 | department which includes: |
577 | a. The name and address of the owner. |
578 | b. The address and assessment roll parcel number of the |
579 | project for which a refund is sought. |
580 | c. A copy of the building permit issued for the project. |
581 | d. A certification by the local building code inspector |
582 | that the project is substantially completed. |
583 | e. A sworn statement, under penalty of perjury, from the |
584 | general contractor licensed in this state with whom the owner |
585 | contracted to construct the project, which statement lists the |
586 | building materials used in the construction of the project and |
587 | the actual cost thereof, and the amount of sales tax paid on |
588 | these materials. If a general contractor was not used, the owner |
589 | shall provide this information in a sworn statement, under |
590 | penalty of perjury. Copies of invoices evidencing payment of |
591 | sales tax must be attached to the sworn statement. |
592 | 3. An application for a refund under this paragraph must |
593 | be submitted to the department within 6 months after the date |
594 | the project is deemed to be substantially completed by the local |
595 | building code inspector. Within 30 working days after receipt of |
596 | the application, the department shall determine if it meets the |
597 | requirements of this paragraph. A refund approved pursuant to |
598 | this paragraph shall be made within 30 days after formal |
599 | approval of the application by the department. |
600 | 4. The department shall establish by rule an application |
601 | form and criteria for establishing eligibility for exemption |
602 | under this paragraph. |
603 | 5. The exemption shall apply to purchases of materials on |
604 | or after July 1, 2000. |
605 | Section 11. Paragraphs (a) and (g) of subsection (2) of |
606 | section 215.5586, Florida Statutes, are amended to read: |
607 | 215.5586 My Safe Florida Home Program.-There is |
608 | established within the Department of Financial Services the My |
609 | Safe Florida Home Program. The department shall provide fiscal |
610 | accountability, contract management, and strategic leadership |
611 | for the program, consistent with this section. This section does |
612 | not create an entitlement for property owners or obligate the |
613 | state in any way to fund the inspection or retrofitting of |
614 | residential property in this state. Implementation of this |
615 | program is subject to annual legislative appropriations. It is |
616 | the intent of the Legislature that the My Safe Florida Home |
617 | Program provide trained and certified inspectors to perform |
618 | inspections for owners of site-built, single-family, residential |
619 | properties and grants to eligible applicants as funding allows. |
620 | The program shall develop and implement a comprehensive and |
621 | coordinated approach for hurricane damage mitigation that may |
622 | include the following: |
623 | (2) MITIGATION GRANTS.-Financial grants shall be used to |
624 | encourage single-family, site-built, owner-occupied, residential |
625 | property owners to retrofit their properties to make them less |
626 | vulnerable to hurricane damage. |
627 | (a) For a homeowner to be eligible for a grant, the |
628 | following criteria must be met: |
629 | 1. The homeowner must have been granted a homestead |
630 | exemption on the home under chapter 196. |
631 | 2. The home must be a dwelling with an insured value of |
632 | $300,000 or less. Homeowners who are low-income persons, as |
633 | defined in s. 420.0004(11)(10), are exempt from this |
634 | requirement. |
635 | 3. The home must have undergone an acceptable hurricane |
636 | mitigation inspection after May 1, 2007. |
637 | 4. The home must be located in the "wind-borne debris |
638 | region" as that term is defined in s. 1609.2, International |
639 | Building Code (2006), or as subsequently amended. |
640 | 5. The building permit application for initial |
641 | construction of the home must have been made before March 1, |
642 | 2002. |
643 |
|
644 | An application for a grant must contain a signed or |
645 | electronically verified statement made under penalty of perjury |
646 | that the applicant has submitted only a single application and |
647 | must have attached documents demonstrating the applicant meets |
648 | the requirements of this paragraph. |
649 | (g) Low-income homeowners, as defined in s. |
650 | 420.0004(11)(10), who otherwise meet the requirements of |
651 | paragraphs (a), (c), (e), and (f) are eligible for a grant of up |
652 | to $5,000 and are not required to provide a matching amount to |
653 | receive the grant. Additionally, for low-income homeowners, |
654 | grant funding may be used for repair to existing structures |
655 | leading to any of the mitigation improvements provided in |
656 | paragraph (e), limited to 20 percent of the grant value. The |
657 | program may accept a certification directly from a low-income |
658 | homeowner that the homeowner meets the requirements of s. |
659 | 420.0004(11)(10) if the homeowner provides such certification in |
660 | a signed or electronically verified statement made under penalty |
661 | of perjury. |
662 | Section 12. Subsection (19) of section 420.503, Florida |
663 | Statutes, is amended to read: |
664 | 420.503 Definitions.-As used in this part, the term: |
665 | (19) "Housing for the elderly" means, for purposes of s. |
666 | 420.5087(3)(e)(d), any nonprofit housing community that is |
667 | financed by a mortgage loan made or insured by the United States |
668 | Department of Housing and Urban Development under s. 202, s. 202 |
669 | with a s. 8 subsidy, s. 221(d)(3) or (4), or s. 236 of the |
670 | National Housing Act, as amended, and that is subject to income |
671 | limitations established by the United States Department of |
672 | Housing and Urban Development, or any program funded by the |
673 | Rural Development Agency of the United States Department of |
674 | Agriculture and subject to income limitations established by the |
675 | United States Department of Agriculture. A project which |
676 | qualifies for an exemption under the Fair Housing Act as housing |
677 | for older persons as defined by s. 760.29(4) shall qualify as |
678 | housing for the elderly for purposes of s. 420.5087(3)(e)(d) and |
679 | for purposes of any loans made pursuant to s. 420.508. In |
680 | addition, if the corporation adopts a qualified allocation plan |
681 | pursuant to s. 42(m)(1)(B) of the Internal Revenue Code or any |
682 | other rules that prioritize projects targeting the elderly for |
683 | purposes of allocating tax credits pursuant to s. 420.5099 or |
684 | for purposes of the HOME program under s. 420.5089, a project |
685 | which qualifies for an exemption under the Fair Housing Act as |
686 | housing for older persons as defined by s. 760.29(4) shall |
687 | qualify as a project targeted for the elderly, if the project |
688 | satisfies the other requirements set forth in this part. |
689 | Section 13. (1) The Legislature finds that due to the |
690 | current economic conditions in the housing market there is a |
691 | critical need to rehabilitate or sell excess inventory of unsold |
692 | homes, including foreclosed homes and newly constructed homes, |
693 | as well as a critical need for the rehabilitation and |
694 | preservation of older, affordable apartments. The Legislature |
695 | further finds that there is a critical need to create housing- |
696 | related jobs and that these conditions require the targeting of |
697 | state and local housing trust fund moneys to assist in the sale |
698 | or rehabilitation of existing homes and the preservation and |
699 | rehabilitation of older rental apartments. |
700 | (2) Notwithstanding ss. 420.507(22)(a) and (23)(a), |
701 | 420.5087(6)(l), 420.5088, 420.5095, and 420.9075(1)(b) and |
702 | (5)(b), Florida Statutes, funds from the State Housing Trust |
703 | Fund or the Local Government Housing Trust Fund that are |
704 | appropriated for use in the State Apartment Incentive Loan |
705 | Program, Florida Homeownership Assistance Program, Community |
706 | Workforce Housing Innovation Pilot Program, or the State Housing |
707 | Initiatives Partnership Program may not be used to: |
708 | (a) Finance or otherwise assist the construction or |
709 | purchase of housing sold to eligible individuals, unless the |
710 | housing unit being sold had an initial certificate of occupancy |
711 | prior to December 31, 2009; or |
712 | (b) Finance or otherwise assist in the construction or |
713 | purchase of rental housing, unless the development being |
714 | financed or assisted received its initial certificate of |
715 | occupancy prior to December 31, 1995. |
716 | |
717 | Nothing in this section restricts the use of such funds to |
718 | assist with the purchase of newly constructed homes that were |
719 | completed prior to December 31, 2009, or the acquisition and |
720 | rehabilitation of apartments that received their initial |
721 | certificate of occupancy prior to December 31, 1995. The use of |
722 | such funds is subject to the restrictions of the program under |
723 | which the funding is made available. |
724 | (3) This section expires July 1, 2011. |
725 | Section 14. This act shall take effect July 1, 2010. |