Bill Text: FL H0665 | 2010 | Regular Session | Comm Sub
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Affordable Housing [EPSC]
Spectrum: Bipartisan Bill
Status: (Failed) 2010-04-30 - In returning messages; Died in returning Messages [H0665 Detail]
Download: Florida-2010-H0665-Comm_Sub.html
Bill Title: Affordable Housing [EPSC]
Spectrum: Bipartisan Bill
Status: (Failed) 2010-04-30 - In returning messages; Died in returning Messages [H0665 Detail]
Download: Florida-2010-H0665-Comm_Sub.html
CS/HB 665 |
1 | |
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.; revising the |
6 | allocation of certain proceeds distributed from the excise |
7 | tax on documents that are paid into the State Treasury to |
8 | the credit of the State Housing Trust Fund; providing for |
9 | retroactive repeal of s. 8, ch. 2009-131, Laws of Florida, |
10 | to eliminate a conflicting version of s. 201.15, F.S.; |
11 | amending s. 420.0003, F.S.; providing additional policy |
12 | guidelines under the state housing strategy for the |
13 | development of programs for housing production or |
14 | rehabilitation; including the needs of persons with |
15 | special needs in the strategy's periodic review and |
16 | report; amending s. 420.0004, F.S.; defining the terms |
17 | "disabling condition" and "person with special needs"; |
18 | conforming cross-references; amending s. 420.507, F.S.; |
19 | requiring certain rates of interest to be made available |
20 | to sponsors of projects for persons with special needs; |
21 | providing additional powers of the corporation relating to |
22 | receipt of federal funds; conforming a cross-reference; |
23 | amending s. 420.5087, F.S.; limiting the reservation of |
24 | funds within each notice of fund availability to the |
25 | persons with special needs tenant group; including persons |
26 | with special needs as a tenant group for specified |
27 | purposes of the State Apartment Incentive Loan Program; |
28 | requiring a specified review committee to include projects |
29 | that reserve units for persons with special needs in its |
30 | evaluation and competitive ranking of applications for |
31 | such program; conforming a cross-reference; amending ss. |
32 | 163.31771, 212.08, 215.5586, and 420.503, F.S.; conforming |
33 | cross-references; providing legislative intent; |
34 | prohibiting funds from the State Housing Trust Fund or the |
35 | Local Government Housing Trust Fund that are appropriated |
36 | for specified programs from being used for certain |
37 | purposes; providing for future repeal; providing an |
38 | effective date. |
39 | |
40 | Be It Enacted by the Legislature of the State of Florida: |
41 | |
42 | Section 1. Subsection (11) is added to section 159.608, |
43 | Florida Statutes, to read: |
44 | 159.608 Powers of housing finance authorities.-A housing |
45 | finance authority shall constitute a public body corporate and |
46 | politic, exercising the public and essential governmental |
47 | functions set forth in this act, and shall exercise its power to |
48 | borrow only for the purpose as provided herein: |
49 | (11) To invest and reinvest surplus funds of the housing |
50 | finance authority in accordance with s. 218.415. However, in |
51 | addition to the investments expressly authorized in ss. |
52 | 218.415(16)(a)-(g) and (17)(a)-(d), a housing finance authority |
53 | may invest surplus funds in interest-bearing time deposits or |
54 | savings accounts that are fully insured by the Federal Deposit |
55 | Insurance Corporation regardless of whether the bank or |
56 | financial institution in which the deposit or investment is made |
57 | is a qualified public depository as defined in s. 280.02. This |
58 | subsection is supplementary to and may not be construed as |
59 | limiting any powers of a housing finance authority or providing |
60 | or implying a limiting construction of any other statutory |
61 | provision. |
62 | Section 2. Subsections (9), (10), and (13) of section |
63 | 201.15, Florida Statutes, as amended by chapters 2009-17, 2009- |
64 | 21, and 2009-68, Laws of Florida, are amended to read: |
65 | 201.15 Distribution of taxes collected.-All taxes |
66 | collected under this chapter are subject to the service charge |
67 | imposed in s. 215.20(1). Prior to distribution under this |
68 | section, the Department of Revenue shall deduct amounts |
69 | necessary to pay the costs of the collection and enforcement of |
70 | the tax levied by this chapter. Such costs and the service |
71 | charge may not be levied against any portion of taxes pledged to |
72 | debt service on bonds to the extent that the costs and service |
73 | charge are required to pay any amounts relating to the bonds. |
74 | After distributions are made pursuant to subsection (1), all of |
75 | the costs of the collection and enforcement of the tax levied by |
76 | this chapter and the service charge shall be available and |
77 | transferred to the extent necessary to pay debt service and any |
78 | other amounts payable with respect to bonds authorized before |
79 | January 1, 2010, secured by revenues distributed pursuant to |
80 | subsection (1). All taxes remaining after deduction of costs and |
81 | the service charge shall be distributed as follows: |
82 | (9) Seven and fifty-three hundredths |
83 | percent of the remaining taxes |
84 | year shall be paid into the State Treasury to the credit of the |
85 | State Housing Trust Fund and used as follows: |
86 | (a) Half of that amount shall be used for the purposes for |
87 | which the State Housing Trust Fund was created and exists by |
88 | law. |
89 | (b) Half of that amount shall be paid into the State |
90 | Treasury to the credit of the Local Government Housing Trust |
91 | Fund and used for the purposes for which the Local Government |
92 | Housing Trust Fund was created and exists by law. |
93 | (10) Eight and sixty-six hundredths |
94 | percent of the remaining taxes |
95 | year shall be paid into the State Treasury to the credit of the |
96 | State Housing Trust Fund and used as follows: |
97 | (a) Twelve and one-half percent of that amount shall be |
98 | deposited into the State Housing Trust Fund and be expended by |
99 | the Department of Community Affairs and by the Florida Housing |
100 | Finance Corporation for the purposes for which the State Housing |
101 | Trust Fund was created and exists by law. |
102 | (b) Eighty-seven and one-half percent of that amount shall |
103 | be distributed to the Local Government Housing Trust Fund and |
104 | used for the purposes for which the Local Government Housing |
105 | Trust Fund was created and exists by law. Funds from this |
106 | category may also be used to provide for state and local |
107 | services to assist the homeless. |
108 | (13) Beginning July 1, 2008, in each fiscal year that the |
109 | remaining taxes collected under this chapter exceed collections |
110 | in the prior fiscal year, the stated maximum dollar amounts |
111 | provided in subsections (2), (4), (6), and (7) |
112 | shall each be increased by an amount equal to 10 percent of the |
113 | increase in the remaining taxes collected under this chapter |
114 | multiplied by the applicable percentage provided in those |
115 | subsections. |
116 | Section 3. Section 8 of chapter 2009-131, Laws of Florida, |
117 | is repealed, retroactive to June 30, 2009. |
118 | Section 4. Paragraph (e) of subsection (3) and paragraph |
119 | (c) of subsection (4) of section 420.0003, Florida Statutes, are |
120 | amended to read: |
121 | 420.0003 State housing strategy.- |
122 | (3) POLICIES.- |
123 | (e) Housing production or rehabilitation programs.-New |
124 | programs for housing production or rehabilitation shall be |
125 | developed in accordance with the following general guidelines as |
126 | appropriate for the purpose of the specific program: |
127 | 1. State and local governments shall provide incentives to |
128 | encourage the private sector to be the primary delivery vehicle |
129 | for the development of affordable housing. |
130 | 2. State funds should be heavily leveraged to achieve the |
131 | maximum local and private commitment of funds while achieving |
132 | the program objectives. |
133 | 3. To the maximum extent possible, state funds should be |
134 | expended to provide housing units rather than to support program |
135 | administration. |
136 | 4. State money should be used, when possible, as loans |
137 | rather than grants. |
138 | 5. State funds should be available only to local |
139 | governments that provide incentives or financial assistance for |
140 | housing. |
141 | 6. State funds should be made available only for projects |
142 | which are consistent with the local government comprehensive |
143 | plan. |
144 | 7. State funding for housing should not be made available |
145 | to local governments whose comprehensive plans have been found |
146 | not in compliance with chapter 163 and who have not entered into |
147 | a stipulated settlement agreement with the Department of |
148 | Community Affairs to bring the plan into compliance. |
149 | 8. Mixed income projects should be encouraged, to avoid a |
150 | concentration of low-income residents in one area or project. |
151 | 9. Distribution of state housing funds should be flexible |
152 | and consider the regional and local needs, resources, and |
153 | capabilities of housing producers. |
154 | 10. Distribution of housing funds for multifamily rental |
155 | housing should be administered to address the housing needs of |
156 | persons most in need of housing. |
157 | 11. |
158 | should be adjusted for family size in determining the |
159 | eligibility of specific beneficiaries. |
160 | 12. |
161 | that are appropriate for the development of affordable housing |
162 | shall be made available for that purpose. |
163 | (4) IMPLEMENTATION.-The Department of Community Affairs |
164 | and the Florida Housing Finance Corporation in carrying out the |
165 | strategy articulated herein shall have the following duties: |
166 | (c) The Shimberg Center for Affordable Housing, in |
167 | consultation with the Department of Community Affairs and the |
168 | Florida Housing Finance Corporation, shall review and evaluate |
169 | existing housing rehabilitation, production, and finance |
170 | programs to determine their consistency with relevant policies |
171 | in this section and identify the needs of specific populations, |
172 | including, but not limited to, elderly persons, |
173 | persons, and persons with special needs, and shall recommend |
174 | statutory modifications where appropriate. The Shimberg Center |
175 | for Affordable Housing, in consultation with the Department of |
176 | Community Affairs and the corporation, shall also evaluate the |
177 | degree of coordination between state housing programs, and |
178 | between state, federal, and local housing activities, and shall |
179 | recommend improved program linkages. The recommendations |
180 | required above and a report of any programmatic modifications |
181 | made as a result of these policies shall be included in the |
182 | housing report required by s. 420.6075, beginning December 31, |
183 | 1991, and every 5 years thereafter. |
184 | Section 5. Section 420.0004, Florida Statutes, is amended |
185 | to read: |
186 | 420.0004 Definitions.-As used in this part, unless the |
187 | context otherwise indicates: |
188 | (1) "Adjusted for family size" means adjusted in a manner |
189 | which results in an income eligibility level which is lower for |
190 | households with fewer than four people, or higher for households |
191 | with more than four people, than the base income eligibility |
192 | determined as provided in subsection (9) |
193 | |
194 | a formula as established by the United States Department of |
195 | Housing and Urban Development. |
196 | (2) "Adjusted gross income" means all wages, assets, |
197 | regular cash or noncash contributions or gifts from persons |
198 | outside the household, and such other resources and benefits as |
199 | may be determined to be income by the United States Department |
200 | of Housing and Urban Development, adjusted for family size, less |
201 | deductions allowable under s. 62 of the Internal Revenue Code. |
202 | (3) "Affordable" means that monthly rents or monthly |
203 | mortgage payments including taxes, insurance, and utilities do |
204 | not exceed 30 percent of that amount which represents the |
205 | percentage of the median adjusted gross annual income for the |
206 | households as indicated in subsection (9) |
207 | |
208 | (4) "Corporation" means the Florida Housing Finance |
209 | Corporation. |
210 | (5) "Community-based organization" or "nonprofit |
211 | organization" means a private corporation organized under |
212 | chapter 617 to assist in the provision of housing and related |
213 | services on a not-for-profit basis and which is acceptable to |
214 | federal and state agencies and financial institutions as a |
215 | sponsor of low-income housing. |
216 | (6) "Department" means the Department of Community |
217 | Affairs. |
218 | (7) "Disabling condition" means a diagnosable substance |
219 | abuse disorder, serious mental illness, developmental |
220 | disability, or chronic physical illness or disability, or the |
221 | co-occurrence of two or more of these conditions, and a |
222 | determination that the condition is: |
223 | (a) Expected to be of long-continued and indefinite |
224 | duration; and |
225 | (b) Not expected to impair the ability of the person with |
226 | special needs to live independently with appropriate supports. |
227 | (8) |
228 | older. |
229 | (9) |
230 | natural persons or a family whose total annual household income |
231 | does not exceed 30 percent of the median annual adjusted gross |
232 | income for households within the state. The Florida Housing |
233 | Finance Corporation may adjust this amount annually by rule to |
234 | provide that in lower income counties, extremely low income may |
235 | exceed 30 percent of area median income and that in higher |
236 | income counties, extremely low income may be less than 30 |
237 | percent of area median income. |
238 | (10) |
239 | municipality, or other political subdivision, or any housing |
240 | authority as provided by chapter 421, which is eligible to |
241 | sponsor or develop housing for farmworkers and very-low-income |
242 | and low-income persons within its jurisdiction. |
243 | (11) |
244 | persons or a family, the total annual adjusted gross household |
245 | income of which does not exceed 80 percent of the median annual |
246 | adjusted gross income for households within the state, or 80 |
247 | percent of the median annual adjusted gross income for |
248 | households within the metropolitan statistical area (MSA) or, if |
249 | not within an MSA, within the county in which the person or |
250 | family resides, whichever is greater. |
251 | (12) |
252 | natural persons or a family, the total annual adjusted gross |
253 | household income of which is less than 120 percent of the median |
254 | annual adjusted gross income for households within the state, or |
255 | 120 percent of the median annual adjusted gross income for |
256 | households within the metropolitan statistical area (MSA) or, if |
257 | not within an MSA, within the county in which the person or |
258 | family resides, whichever is greater. |
259 | (13) "Person with special needs" means an adult person |
260 | requiring independent living services in order to maintain |
261 | housing or develop independent living skills and who has a |
262 | disabling condition; a young adult formerly in foster care who |
263 | is eligible for services under s. 409.1451(5); a survivor of |
264 | domestic violence as defined in s. 741.28; or a person receiving |
265 | benefits under the Social Security Disability Insurance (SSDI) |
266 | program or the Supplemental Security Income (SSI) program or |
267 | from veterans' disability benefits. |
268 | (14) |
269 | her parent or guardian who is eligible to be claimed by his or |
270 | her parent or guardian as a dependent under the federal income |
271 | tax code and who is enrolled on at least a half-time basis in a |
272 | secondary school, career center, community college, college, or |
273 | university. |
274 | (15) |
275 | (a) Any unit lacking complete plumbing or sanitary |
276 | facilities for the exclusive use of the occupants; |
277 | (b) A unit which is in violation of one or more major |
278 | sections of an applicable housing code and where such violation |
279 | poses a serious threat to the health of the occupant; or |
280 | (c) A unit that has been declared unfit for human |
281 | habitation but that could be rehabilitated for less than 50 |
282 | percent of the property value. |
283 | (16) |
284 | restoration of a dwelling unit where the value of such repair or |
285 | restoration exceeds 40 percent of the value of the dwelling. |
286 | (17) |
287 | natural persons or a family, not including students, the total |
288 | annual adjusted gross household income of which does not exceed |
289 | 50 percent of the median annual adjusted gross income for |
290 | households within the state, or 50 percent of the median annual |
291 | adjusted gross income for households within the metropolitan |
292 | statistical area (MSA) or, if not within an MSA, within the |
293 | county in which the person or family resides, whichever is |
294 | greater. |
295 | Section 6. Paragraph (a) of subsection (22) and |
296 | subsections (33) and (46) of section 420.507, Florida Statutes, |
297 | are amended to read: |
298 | 420.507 Powers of the corporation.-The corporation shall |
299 | have all the powers necessary or convenient to carry out and |
300 | effectuate the purposes and provisions of this part, including |
301 | the following powers which are in addition to all other powers |
302 | granted by other provisions of this part: |
303 | (22) To develop and administer the State Apartment |
304 | Incentive Loan Program. In developing and administering that |
305 | program, the corporation may: |
306 | (a) Make first, second, and other subordinated mortgage |
307 | loans including variable or fixed rate loans subject to |
308 | contingent interest for all State Apartment Incentive Loans |
309 | provided in this chapter based upon available cash flow of the |
310 | projects. The corporation shall make loans exceeding 25 percent |
311 | of project cost only to nonprofit organizations and public |
312 | bodies that are able to secure grants, donations of land, or |
313 | contributions from other sources and to projects meeting the |
314 | criteria of subparagraph 1. Mortgage loans shall be made |
315 | available at the following rates of interest: |
316 | 1. Zero to 3 percent interest for sponsors of projects |
317 | that set aside at least 80 percent of their total units for |
318 | residents qualifying as farmworkers, commercial fishing workers, |
319 | |
320 | special needs as defined in s. 420.0004(13) over the life of the |
321 | loan. |
322 | 2. Zero to 3 percent interest based on the pro rata share |
323 | of units set aside for homeless residents or persons with |
324 | special needs if the total of such units is less than 80 percent |
325 | of the units in the borrower's project. |
326 | 3. One to 9 percent interest for sponsors of projects |
327 | targeted at populations other than farmworkers, commercial |
328 | fishing workers, |
329 | (33) To receive federal funding in connection with the |
330 | corporation's programs directly from the Federal Government and |
331 | to receive federal funds for which no corresponding program has |
332 | been created in statute and establish selection criteria for |
333 | such funds by request for proposals or other competitive |
334 | solicitation. |
335 | (46) To require, as a condition of financing a multifamily |
336 | rental project, that an agreement be recorded in the official |
337 | records of the county where the real property is located, which |
338 | requires that the project be used for housing defined as |
339 | affordable in s. 420.0004(3) by persons defined in s. |
340 | 420.0004(9) |
341 | agreement is a state land use regulation that limits the highest |
342 | and best use of the property within the meaning of s. |
343 | 193.011(2). |
344 | Section 7. Subsection (3) and paragraph (c) of subsection |
345 | (6) of section 420.5087, Florida Statutes, are amended to read: |
346 | 420.5087 State Apartment Incentive Loan Program.-There is |
347 | hereby created the State Apartment Incentive Loan Program for |
348 | the purpose of providing first, second, or other subordinated |
349 | mortgage loans or loan guarantees to sponsors, including for- |
350 | profit, nonprofit, and public entities, to provide housing |
351 | affordable to very-low-income persons. |
352 | (3) During the first 6 months of loan or loan guarantee |
353 | availability, program funds shall be reserved for use by |
354 | sponsors who provide the housing set-aside required in |
355 | subsection (2) for the tenant groups designated in this |
356 | subsection. The reservation of funds to each of these groups |
357 | shall be determined using the most recent statewide very-low- |
358 | income rental housing market study available at the time of |
359 | publication of each notice of fund availability required by |
360 | paragraph (6)(b). The reservation of funds within each notice of |
361 | fund availability to the tenant groups in paragraphs (a), (b), |
362 | and (e) |
363 | available at that time. Any increase in funding required to |
364 | reach the 10-percent minimum must be taken from the tenant group |
365 | that has the largest reservation. The reservation of funds |
366 | within each notice of fund availability to the tenant group in |
367 | paragraph (c) may not be less than 5 percent of the funds |
368 | available at that time. The reservation of funds within each |
369 | notice of fund availability to the tenant group in paragraph (d) |
370 | may not be more than 10 percent of the funds available at that |
371 | time. The tenant groups are: |
372 | (a) Commercial fishing workers and farmworkers; |
373 | (b) Families; |
374 | (c) Persons who are homeless; |
375 | (d) Persons with special needs; and |
376 | (e) |
377 | for the elderly shall be reserved to provide loans to sponsors |
378 | of housing for the elderly for the purpose of making building |
379 | preservation, health, or sanitation repairs or improvements |
380 | which are required by federal, state, or local regulation or |
381 | code, or lifesafety or security-related repairs or improvements |
382 | to such housing. Such a loan may not exceed $750,000 per housing |
383 | community for the elderly. In order to receive the loan, the |
384 | sponsor of the housing community must make a commitment to match |
385 | at least 5 percent of the loan amount to pay the cost of such |
386 | repair or improvement. The corporation shall establish the rate |
387 | of interest on the loan, which may not exceed 3 percent, and the |
388 | term of the loan, which may not exceed 15 years; however, if the |
389 | lien of the corporation's encumbrance is subordinate to the lien |
390 | of another mortgagee, then the term may be made coterminous with |
391 | the longest term of the superior lien. The term of the loan |
392 | shall be based on a credit analysis of the applicant. The |
393 | corporation may forgive indebtedness for a share of the loan |
394 | attributable to the units in a project reserved for extremely- |
395 | low-income elderly by nonprofit organizations, as defined in s. |
396 | 420.0004(5), where the project has provided affordable housing |
397 | to the elderly for 15 years or more. The corporation shall |
398 | establish, by rule, the procedure and criteria for receiving, |
399 | evaluating, and competitively ranking all applications for loans |
400 | under this paragraph. A loan application must include evidence |
401 | of the first mortgagee's having reviewed and approved the |
402 | sponsor's intent to apply for a loan. A nonprofit organization |
403 | or sponsor may not use the proceeds of the loan to pay for |
404 | administrative costs, routine maintenance, or new construction. |
405 | (6) On all state apartment incentive loans, except loans |
406 | made to housing communities for the elderly to provide for |
407 | lifesafety, building preservation, health, sanitation, or |
408 | security-related repairs or improvements, the following |
409 | provisions shall apply: |
410 | (c) The corporation shall provide by rule for the |
411 | establishment of a review committee composed of the department |
412 | and corporation staff and shall establish by rule a scoring |
413 | system for evaluation and competitive ranking of applications |
414 | submitted in this program, including, but not limited to, the |
415 | following criteria: |
416 | 1. Tenant income and demographic targeting objectives of |
417 | the corporation. |
418 | 2. Targeting objectives of the corporation which will |
419 | ensure an equitable distribution of loans between rural and |
420 | urban areas. |
421 | 3. Sponsor's agreement to reserve the units for persons or |
422 | families who have incomes below 50 percent of the state or local |
423 | median income, whichever is higher, for a time period to exceed |
424 | the minimum required by federal law or the provisions of this |
425 | part. |
426 | 4. Sponsor's agreement to reserve more than: |
427 | a. Twenty percent of the units in the project for persons |
428 | or families who have incomes that do not exceed 50 percent of |
429 | the state or local median income, whichever is higher; or |
430 | b. Forty percent of the units in the project for persons |
431 | or families who have incomes that do not exceed 60 percent of |
432 | the state or local median income, whichever is higher, without |
433 | requiring a greater amount of the loans as provided in this |
434 | section. |
435 | 5. Provision for tenant counseling. |
436 | 6. Sponsor's agreement to accept rental assistance |
437 | certificates or vouchers as payment for rent. |
438 | 7. Projects requiring the least amount of a state |
439 | apartment incentive loan compared to overall project cost except |
440 | that the share of the loan attributable to units serving |
441 | extremely-low-income persons shall be excluded from this |
442 | requirement. |
443 | 8. Local government contributions and local government |
444 | comprehensive planning and activities that promote affordable |
445 | housing. |
446 | 9. Project feasibility. |
447 | 10. Economic viability of the project. |
448 | 11. Commitment of first mortgage financing. |
449 | 12. Sponsor's prior experience, including whether the |
450 | developer and general contractor have substantial experience, as |
451 | provided in s. 420.507(47). |
452 | 13. Sponsor's ability to proceed with construction. |
453 | 14. Projects that directly implement or assist welfare-to- |
454 | work transitioning. |
455 | 15. Projects that reserve units for extremely-low-income |
456 | persons. |
457 | 16. Projects that include green building principles, |
458 | storm-resistant construction, or other elements that reduce |
459 | long-term costs relating to maintenance, utilities, or |
460 | insurance. |
461 | 17. Domicile of the developer and general contractor, as |
462 | provided in s. 420.507(47). |
463 | 18. Projects that reserve units for persons with special |
464 | needs, provided services for such persons are available to the |
465 | project. |
466 | Section 8. Paragraphs (d), (e), (f), and (g) of subsection |
467 | (2) of section 163.31771, Florida Statutes, are amended to read: |
468 | 163.31771 Accessory dwelling units.- |
469 | (2) As used in this section, the term: |
470 | (d) "Low-income persons" has the same meaning as in s. |
471 | 420.0004(11) |
472 | (e) "Moderate-income persons" has the same meaning as in |
473 | s. 420.0004(12) |
474 | (f) "Very-low-income persons" has the same meaning as in |
475 | s. 420.0004(17) |
476 | (g) "Extremely-low-income persons" has the same meaning as |
477 | in s. 420.0004(9) |
478 | Section 9. Paragraph (o) of subsection (5) of section |
479 | 212.08, Florida Statutes, is amended to read: |
480 | 212.08 Sales, rental, use, consumption, distribution, and |
481 | storage tax; specified exemptions.-The sale at retail, the |
482 | rental, the use, the consumption, the distribution, and the |
483 | storage to be used or consumed in this state of the following |
484 | are hereby specifically exempt from the tax imposed by this |
485 | chapter. |
486 | (5) EXEMPTIONS; ACCOUNT OF USE.- |
487 | (o) Building materials in redevelopment projects.- |
488 | 1. As used in this paragraph, the term: |
489 | a. "Building materials" means tangible personal property |
490 | that becomes a component part of a housing project or a mixed- |
491 | use project. |
492 | b. "Housing project" means the conversion of an existing |
493 | manufacturing or industrial building to housing units in an |
494 | urban high-crime area, enterprise zone, empowerment zone, Front |
495 | Porch Community, designated brownfield area, or urban infill |
496 | area and in which the developer agrees to set aside at least 20 |
497 | percent of the housing units in the project for low-income and |
498 | moderate-income persons or the construction in a designated |
499 | brownfield area of affordable housing for persons described in |
500 | s. 420.0004(9) |
501 | 159.603(7). |
502 | c. "Mixed-use project" means the conversion of an existing |
503 | manufacturing or industrial building to mixed-use units that |
504 | include artists' studios, art and entertainment services, or |
505 | other compatible uses. A mixed-use project must be located in an |
506 | urban high-crime area, enterprise zone, empowerment zone, Front |
507 | Porch Community, designated brownfield area, or urban infill |
508 | area, and the developer must agree to set aside at least 20 |
509 | percent of the square footage of the project for low-income and |
510 | moderate-income housing. |
511 | d. "Substantially completed" has the same meaning as |
512 | provided in s. 192.042(1). |
513 | 2. Building materials used in the construction of a |
514 | housing project or mixed-use project are exempt from the tax |
515 | imposed by this chapter upon an affirmative showing to the |
516 | satisfaction of the department that the requirements of this |
517 | paragraph have been met. This exemption inures to the owner |
518 | through a refund of previously paid taxes. To receive this |
519 | refund, the owner must file an application under oath with the |
520 | department which includes: |
521 | a. The name and address of the owner. |
522 | b. The address and assessment roll parcel number of the |
523 | project for which a refund is sought. |
524 | c. A copy of the building permit issued for the project. |
525 | d. A certification by the local building code inspector |
526 | that the project is substantially completed. |
527 | e. A sworn statement, under penalty of perjury, from the |
528 | general contractor licensed in this state with whom the owner |
529 | contracted to construct the project, which statement lists the |
530 | building materials used in the construction of the project and |
531 | the actual cost thereof, and the amount of sales tax paid on |
532 | these materials. If a general contractor was not used, the owner |
533 | shall provide this information in a sworn statement, under |
534 | penalty of perjury. Copies of invoices evidencing payment of |
535 | sales tax must be attached to the sworn statement. |
536 | 3. An application for a refund under this paragraph must |
537 | be submitted to the department within 6 months after the date |
538 | the project is deemed to be substantially completed by the local |
539 | building code inspector. Within 30 working days after receipt of |
540 | the application, the department shall determine if it meets the |
541 | requirements of this paragraph. A refund approved pursuant to |
542 | this paragraph shall be made within 30 days after formal |
543 | approval of the application by the department. |
544 | 4. The department shall establish by rule an application |
545 | form and criteria for establishing eligibility for exemption |
546 | under this paragraph. |
547 | 5. The exemption shall apply to purchases of materials on |
548 | or after July 1, 2000. |
549 | Section 10. Paragraphs (a) and (g) of subsection (2) of |
550 | section 215.5586, Florida Statutes, are amended to read: |
551 | 215.5586 My Safe Florida Home Program.-There is |
552 | established within the Department of Financial Services the My |
553 | Safe Florida Home Program. The department shall provide fiscal |
554 | accountability, contract management, and strategic leadership |
555 | for the program, consistent with this section. This section does |
556 | not create an entitlement for property owners or obligate the |
557 | state in any way to fund the inspection or retrofitting of |
558 | residential property in this state. Implementation of this |
559 | program is subject to annual legislative appropriations. It is |
560 | the intent of the Legislature that the My Safe Florida Home |
561 | Program provide trained and certified inspectors to perform |
562 | inspections for owners of site-built, single-family, residential |
563 | properties and grants to eligible applicants as funding allows. |
564 | The program shall develop and implement a comprehensive and |
565 | coordinated approach for hurricane damage mitigation that may |
566 | include the following: |
567 | (2) MITIGATION GRANTS.-Financial grants shall be used to |
568 | encourage single-family, site-built, owner-occupied, residential |
569 | property owners to retrofit their properties to make them less |
570 | vulnerable to hurricane damage. |
571 | (a) For a homeowner to be eligible for a grant, the |
572 | following criteria must be met: |
573 | 1. The homeowner must have been granted a homestead |
574 | exemption on the home under chapter 196. |
575 | 2. The home must be a dwelling with an insured value of |
576 | $300,000 or less. Homeowners who are low-income persons, as |
577 | defined in s. 420.0004(11) |
578 | requirement. |
579 | 3. The home must have undergone an acceptable hurricane |
580 | mitigation inspection after May 1, 2007. |
581 | 4. The home must be located in the "wind-borne debris |
582 | region" as that term is defined in s. 1609.2, International |
583 | Building Code (2006), or as subsequently amended. |
584 | 5. The building permit application for initial |
585 | construction of the home must have been made before March 1, |
586 | 2002. |
587 | |
588 | An application for a grant must contain a signed or |
589 | electronically verified statement made under penalty of perjury |
590 | that the applicant has submitted only a single application and |
591 | must have attached documents demonstrating the applicant meets |
592 | the requirements of this paragraph. |
593 | (g) Low-income homeowners, as defined in s. |
594 | 420.0004(11) |
595 | paragraphs (a), (c), (e), and (f) are eligible for a grant of up |
596 | to $5,000 and are not required to provide a matching amount to |
597 | receive the grant. Additionally, for low-income homeowners, |
598 | grant funding may be used for repair to existing structures |
599 | leading to any of the mitigation improvements provided in |
600 | paragraph (e), limited to 20 percent of the grant value. The |
601 | program may accept a certification directly from a low-income |
602 | homeowner that the homeowner meets the requirements of s. |
603 | 420.0004(11) |
604 | a signed or electronically verified statement made under penalty |
605 | of perjury. |
606 | Section 11. Subsection (19) of section 420.503, Florida |
607 | Statutes, is amended to read: |
608 | 420.503 Definitions.-As used in this part, the term: |
609 | (19) "Housing for the elderly" means, for purposes of s. |
610 | 420.5087(3)(e) |
611 | financed by a mortgage loan made or insured by the United States |
612 | Department of Housing and Urban Development under s. 202, s. 202 |
613 | with a s. 8 subsidy, s. 221(d)(3) or (4), or s. 236 of the |
614 | National Housing Act, as amended, and that is subject to income |
615 | limitations established by the United States Department of |
616 | Housing and Urban Development, or any program funded by the |
617 | Rural Development Agency of the United States Department of |
618 | Agriculture and subject to income limitations established by the |
619 | United States Department of Agriculture. A project which |
620 | qualifies for an exemption under the Fair Housing Act as housing |
621 | for older persons as defined by s. 760.29(4) shall qualify as |
622 | housing for the elderly for purposes of s. 420.5087(3)(e) |
623 | for purposes of any loans made pursuant to s. 420.508. In |
624 | addition, if the corporation adopts a qualified allocation plan |
625 | pursuant to s. 42(m)(1)(B) of the Internal Revenue Code or any |
626 | other rules that prioritize projects targeting the elderly for |
627 | purposes of allocating tax credits pursuant to s. 420.5099 or |
628 | for purposes of the HOME program under s. 420.5089, a project |
629 | which qualifies for an exemption under the Fair Housing Act as |
630 | housing for older persons as defined by s. 760.29(4) shall |
631 | qualify as a project targeted for the elderly, if the project |
632 | satisfies the other requirements set forth in this part. |
633 | Section 12. (1) The Legislature finds that due to the |
634 | current economic conditions in the housing market there is a |
635 | critical need to rehabilitate or sell excess inventory of unsold |
636 | homes, including foreclosed homes and newly constructed homes, |
637 | as well as a critical need for the rehabilitation and |
638 | preservation of older, affordable apartments. The Legislature |
639 | further finds that there is a critical need to create housing- |
640 | related jobs and that these conditions require the targeting of |
641 | state and local housing trust fund moneys to assist in the sale |
642 | or rehabilitation of existing homes and the preservation and |
643 | rehabilitation of older rental apartments. |
644 | (2) Notwithstanding ss. 420.507(22)(a) and (23)(a), |
645 | 420.5087(6)(l), 420.5088, 420.5095, and 420.9075(1)(b) and |
646 | (5)(b), Florida Statutes, funds from the State Housing Trust |
647 | Fund or the Local Government Housing Trust Fund that are |
648 | appropriated for use in the State Apartment Incentive Loan |
649 | Program, Florida Homeownership Assistance Program, Community |
650 | Workforce Housing Innovation Pilot Program, or the State Housing |
651 | Initiatives Partnership Program may not be used to: |
652 | (a) Finance or otherwise assist the construction or |
653 | purchase of housing sold to eligible individuals, unless the |
654 | housing unit being sold had an initial certificate of occupancy |
655 | prior to December 31, 2009; or |
656 | (b) Finance or otherwise assist in the construction or |
657 | purchase of rental housing, unless the development being |
658 | financed or assisted received its initial certificate of |
659 | occupancy prior to December 31, 1995. |
660 | |
661 | Nothing in this section restricts the use of such funds to |
662 | assist with the purchase of newly constructed homes that were |
663 | completed prior to December 31, 2009, or the acquisition and |
664 | rehabilitation of apartments that received their initial |
665 | certificate of occupancy prior to December 31, 1995. The use of |
666 | such funds is subject to the restrictions of the program under |
667 | which the funding is made available. |
668 | (3) This section expires July 1, 2011. |
669 | Section 13. This act shall take effect July 1, 2010. |
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