funded by u.s. department of housing and urban development (hud) through the state of florida...

Funded by U.S. Department of Housing and Urban Development (HUD) through the State of Florida Department of Economic Opportunity in FY 2012.

NSP 3 Funding: $1,029,844

Alachua CountyNeighborhood Stabilization Program 3

11 NSP 3 Foreclosed Homes Acquired to Date

Resale: 5

4 Sold

1 To be repaired.

Rental: 6

4 rehabbed

2 To be repaired.

Alachua CountyNeighborhood Stabilization Program 3

Alachua County Neighborhood Stabilization Program

Neighborhood Stablization Property Conveyance Ordinance Section 31.27

1. Convey without competitive process to a quasi-governmental agency

2. Convey through competitive process to a non-profit organization for permanent rental housing.

(Request for Proposals)

State of Florida DEO Neighborhood Stabilization Program 3

NSP 3 Rental Sub recipient Timeline July 2013: Met with ACHA re: NSP 3 rental homes. September 2013: Toured 4 homes. ACHA sent Letter of Interest October 22, 2013: Board designated ACHA as NSP

3 Rental Sub recipient.November 2013: Draft Sub Recipient Agreement December 2013: ACHA votes to “bypass” NSP 3 in wake of resignation of its Executive Director.Staff Contacted Meridian Behavioral Healthcare Inc.

State of Florida DEO Neighborhood Stabilization Program NSP 3 Rental Sub recipient Timeline January-February 2014: Draft AgreementDEO approved use of Meridian Behavioral Healthcare Inc. as a piggyback procurement.March 2014: Determination made by Purchasing that a separate RFP would be required; could not piggyback on NSP 1 RFP.April 2014: RFP Process began.July 2014: Board approved NHDC as “Sole source” approved by DEO.

Alachua County Neighborhood Stabilization Program

NHDC Rental Sub recipient Agreement-Fifteen year agreement to transfer ownership of six rental homes to provide affordable rental housing to income eligible households.-Land Use Restriction Agreements-Form of the deeds limited by State Statute: F.S. 125.411-15 year deferred payment mortgages

Alachua County Neighborhood Stabilization Program

Staff RecommendationApprove the NSP 3 Rental Sub Recipient Agreement with Neighborhood Housing and Development Corporation Inc., four Land Use Restriction Agreements, four form of the deeds, and authorize chair to sign two original NSP 3 rental sub recipient agreements and four Land Use Restriction Agreements.