Florida Housing Finance Corporation Asset Management ...

Download Florida Housing Finance Corporation Asset Management ...

Post on 14-Feb-2017

222 views

Category:

Documents

7 download

TRANSCRIPT

  • Page 1 of 18

    Asset Management Noncompliance Report

    Cutoff Date: 4/5/2017Owner Contact Information Development

    NameProgram and

    NumberCounty Owner Notified of

    Noncompliance (Oldest Date)

    Noncompliance Source Open Items/Most Recent Activity (Type and Date) Monitoring Agent

    Arcadia Housing AuthorityBecky Sue Mercer

    Arcadia Oaks (2132)

    HC 2008-514C DeSoto 1/6/2015 Annual Review 12/15/2014 1) Failure to provide required tenant programs2) Failure to provide required tenant service

    Last activity: 11/10/16 Request letter to owner.

    Seltzer

    Atlantic Housing Partners, LLLPPaul M. Missigman

    Beach Village at Palm Coast I (2174)

    HC HOME TCAPRFP 2009-03 / 2009-033CT

    Flagler 11/11/2016 Annual Review 11/4/2016 1) Failure to meet uniform physical condition standards (UPCS) for buildings2) Failure to meet UPCS for site3) Failure to meet UPCS for units

    Last activity: Letter to Owner 3/24/2017

    AmeriNat

    Atlantic Housing Partners, LLLPPaul M. Missigman

    Cape Morris Cove I(1908)

    2007-142S/2007-516C Volusia 12/21/2016 Program Report Failure to perform first anniversary income certification

    Last activity: Response from owner 3/15/2017

    Seltzer

    Atlantic Housing Partners, LLLPPaul M. Missigman

    Club at Eustis Village(1801)

    SAIL 2006-093SHC 2007-508C

    Lake 11/22/2016 Program Report Failure to perform first anniversary income determination

    Last activity: Letter sent to owner 2/22/2017

    Seltzer

    Atlantic Housing Partners, LLLPPaul M. Missigman

    Fountains at Millenia IV(2121)

    SAIL 2008-246SHC 2007-524C

    Orange 7/26/2016 Program Report Failure to complete first anniversary income determination

    Last activity: Letter to Owner 2/21/2017

    AmeriNat

    Atlantic Housing Partners, LLLPPaul M. Missigman

    Marbella Pointe (1853)

    HC 2007-518CSAIL 2006-089S

    Orange 10/18/2016 Annual Review 10/12/2016 Failure to perform the required first anniversary income determination (rule 67-53)

    Last activity: Letter to Owner 3/20/2017

    AmeriNat

    Atlantic Housing Partners, LLLPPaul M. Missigman

    Marbella Pointe (1853)

    HC 2007-518CSAIL 2006-089S

    Orange 12/2/2016 Program Report Failure to complete first anniversary income determination

    Last activity: Letter from Owner 4/5/2017

    AmeriNat

    Atlantic Housing Partners, LLLPPaul M. Missigman

    Spring Lake Cove I(2035)

    HC 2007-533CSAIL 2007-141S

    Lake 4/28/2016 Program Report Failure to perform the required first anniversary income determination

    Last activity: 4/4/2017-Letter to Owner

    First Housing

    Avesta Real Estate Holdings LLCNathanial Fischer

    Avesta Baymeadows(0146)

    FDIC Duval 1/5/2017 Annual Review 12/15/2016 Failure to perform annual recertification

    Last activity: 4/12/2017 Letter to Owner

    Seltzer

  • Page 2 of 18

    Asset Management Noncompliance Report

    Cutoff Date: 4/5/2017Owner Contact Information Development

    NameProgram and

    NumberCounty Owner Notified of

    Noncompliance (Oldest Date)

    Noncompliance Source Open Items/Most Recent Activity (Type and Date) Monitoring Agent

    Boley Center for Behavioral Health Care, Inc.Gary MacMath

    Salt Creek(0738)

    HC 97L-024SAIL 98S-006

    Pinellas 9/27/2016 Program Report Failure to execute all instruments reasonably required to comply with the Loan Documents and carry out the provisions of the Compliance Monitoring and Servicing Agreement.

    Last activity: 3/27/2017-Letter to Owner

    First Housing

    Carlisle Development GroupBruce Greer

    Country Manor(1114)

    HC & SAIL2002-063CS & 2003-092S

    Hardee 9/8/2016 Program Report Failure to meet Farmworker categorical requirement

    Last activity: Response from owner 4/7/2017

    Seltzer

    Carlisle Development GroupBruce Greer

    Country Manor(1114)

    HC & SAIL2002-063CS & 2003-092S

    Hardee 12/16/2016 Program Report Failure to perform first anniversary recertification

    Last activity: Response from owner 4/7/2017

    Seltzer

    CED CompaniesAlan H. Ginsburg

    Brookside (1243)

    SAIL 2004-139SHC 2003-506C

    Alachua 12/15/2015 Program Report Failure to Complete first anniversary income determination

    Last activity: Letter from Owner 4/5/2017

    AmeriNat

    CED CompaniesAlan H. Ginsburg

    Brookwood Forest (1580) HC 2006-513C SAIL 2005-080S & 2006-12SEL

    Duval 8/11/2016 Annual Review 7/20/2016 1) Failure to perform first anniversary2) Failure to perform annual recertification3) Failure to meet overall set-aside requirement4) Failure to meet building-by-building set-aside requirement

    Last activity: Letter to owner 3/13/2017

    Seltzer

    CED CompaniesAlan H. Ginsburg

    Brookwood Forest(1580)

    SAIL 2005-080S & 2006-12SELHC 2006-513C

    Duval 11/18/2016 Program Report 1) Failure to annually recertify household eligibility2) Failure to meet first-year applicable fraction building-by-building requirement throughout the Extended Use Period (HC)

    Last activity: Response from owner 3/28/2017

    Seltzer

    CED CompaniesAlan H. Ginsburg

    Cambridge Cove(1065)

    SAIL 2001-078SHC 2002-513C

    Polk 8/30/2016 Program Report Failure to annually recertify eligibility

    Last activity: 3/27/2017-Letter to Owner

    First Housing

  • Page 3 of 18

    Asset Management Noncompliance Report

    Cutoff Date: 4/5/2017Owner Contact Information Development

    NameProgram and

    NumberCounty Owner Notified of

    Noncompliance (Oldest Date)

    Noncompliance Source Open Items/Most Recent Activity (Type and Date) Monitoring Agent

    CED CompaniesAlan H. GinsburgContinued

    Charleston Club (1112)

    HC 2002-515CSAIL 2002-029S

    Seminole 4/28/2016 Annual Review 4/12/2016 1) to document eligibility at initial occupancy. (SAIL/HC)2) to perform annual recertification. (SAIL/HC)3) to meet building-by-building set-aside requirement. (HC)

    Last activity: 3/30/2017 Letter from owner.

    Seltzer

    CED CompaniesAlan H. Ginsburg

    Charleston Club(1112)

    SAIL 2002-029SHC 2002-515C

    Seminole 10/22/2015 Program Report 1) Failure to annually recertify household eligibility2) Failure to perform first anniversary income determination3) Failure to meet first-year applicable fraction building-by-building requirement throughout the Extended Use Period (HC)

    Last activity: Response from owner 3/29/2017

    Seltzer

    CED CompaniesAlan H. Ginsburg

    Country Garden (0199)

    HC 91L-034 Orange 6/12/2015 Annual Review 5/19/2015 Failure to apply utility allowance

    Last activity: 3/27/2017 Letter to owner

    Seltzer

    CED CompaniesAlan H. Ginsburg

    Country Garden (0199)

    HC 91L-034 Orange 6/14/2016 Annual Review 5/24/2016 1) Rents exceed limitation2) Failure to perform first anniversary recertification.3) Failure to document eligibility upon initial occupancy.

    Last activity: 3/27/2017 Letter to owner

    Seltzer

    CED CompaniesAlan H. Ginsburg

    Country Garden (0199)

    HC 91L-034 Orange 11/23/2016 Program Report 1) Exceeds rent limitation2) Failure to apply utility allowance3) Failure to meet first-year applicable fraction throughout the Extended Use Period4) Failure to perform first anniversary income determination

    Last activity: Response from owner 12/8/2016

    Seltzer

    CED CompaniesAlan H. Ginsburg

    East Lake - Orange (0247)

    MMRB MR1999B 1&2

    Orange 7/20/2016 Annual Review 7/5/2016 Failure to document tenant eligibility - income not verified

    Last activity: Letter to Owner 3/20/2017

    AmeriNat

  • Page 4 of 18

    Asset Management Noncompliance Report

    Cutoff Date: 4/5/2017Owner Contact Information Development

    NameProgram and

    NumberCounty Owner Notified of

    Noncompliance (Oldest Date)

    Noncompliance Source Open Items/Most Recent Activity (Type and Date) Monitoring Agent

    CED CompaniesAlan H. GinsburgContinued

    Glenn on Millenia Boulevard (1076)

    HC 2002-514CSAIL 2001-123S

    Orange 11/19/2015 Program Report 1) Failure to annually recertify household eligibility2) Failure to meet first-year applicable fraction building-by-building requirement throughout the Extended Use Period (HC)

    Last activity: Response from owner 4/3/2017

    Seltzer

    CED CompaniesAlan H. Ginsburg

    Glenn on Millenia Boulevard (1076)

    HC 2002-514CSAIL 2001-123S

    Orange 6/30/2016 Annual Review 6/7/2016 1) Failure to perform first anniversary and annual recertification (SAIL/HC)2) Failure to document eligibility upon initial occupancy. (SAIL/HC)3) Failure to meet first-year applicable fraction building-by-building requirement (HC)

    Last activity: 3/23/17 Letter to Owner

    Seltzer

    CED CompaniesAlan H. Ginsburg

    Heather Glenn(1118)

    MMRB Series 2003 H SAIL 2002-131SHC 2002-547C

    Okaloosa 8/23/2016 Program Report Failure to complete first anniversary income determination

    Last activity: Letter From Owner 3/31/2017

    AmeriNat

    CED CompaniesAlan H. Ginsburg

    Heritage Pointe d/b/a Heritage Pines(0347)

    HC 2000-516CMMRB MR1999I 1&2

    Hillsborough 11/16/2016 Program Report Failure to complete first anniversary income determination

    Last activity: Letter from Owner 4/5/2017

    AmeriNat

  • Page 5 of 18

    Asset Management Noncompliance Report

    Cutoff Date: 4/5/2017Owner Contact Information Development

    NameProgram and

    NumberCounty Owner Notified of

    Noncompliance (Oldest Date)

    Noncompliance Source Open Items/Most Recent Activity (Type and Date) Monitoring Agent

    CED CompaniesAlan H. GinsburgContinued

    Lake Harris Cove (1578)

    HC 2006-512CSAIL 2005-077S

    Lake 12/30/2015 Annual Review 12/8/2015 1) Failureto perform annual recertification. ( HC/SAIL)2) Failure to meet building-by-building set-aside requirement (applicable fraction). (HC)3) Failure to provide required Tenant Program. (SAIL)

    Last Activity: 3/24/2017 Letter to Owner

    Seltzer

    CED CompaniesAlan H. Ginsburg

    Lake Harris Cove (1578)

    HC 2006-512CSAIL 2005-077S

    Lake 4/25/2016 Program Report 1) Failure to annually recertify household eligibility2) Failure to perform first anniversary income determination3) Failure to meet first-year applicable fraction building-by-building requirement throughout the Extended Use Period (HC)

    Last activity: Response from owner 4/3/2017

    Seltzer

    CED CompaniesAlan H. Ginsburg

    Lake Harris Cove (1578)

    HC 2006-512CSAIL 2005-077S

    Lake 1/5/2017 Annual Review 12/7/2016 1) Failure to perform First Anniversary Recertification (SAIL/HC)2) Failure to perform Annual Recertification (SAIL/HC)3) Failure to meet applicable fraction building-by-building set-aside requirement (HC)4) Failure to provide Tenant Programs and Services (SAIL/HC)5) Failure to meet Uniform Physical Condition Standards (UPCS) in unit(s) (SAIL/HC)

    Last activity: 3/24/2017 Letter to owner.

    Seltzer

    CED CompaniesAlan H. Ginsburg

    Lakeside Pointe(1438)

    SAIL 2004-121SHC 2005-513C

    Lake 9/22/2016 Program Report Failure to perform the required first anniversary income determination

    Last activity: 3/21/2017-Letter to Owner

    First Housing

    CED CompaniesAlan H. Ginsburg

    Landings on Millenia Boulevard (1147)

    HC 2003-501CSAIL 2002-076S

    Orange 5/20/2016 Annual Review 5/4/2016 1) Failure to perform annual recertification. (SAIL/HC)

    Last activity: 4/3/2017 Letter to owner

    Seltzer

    CED CompaniesAlan H. Ginsburg

    Landings on Millenia Boulevard(1147)

    SAIL 2002-076SHC 2003-501C

    Orange 9/1/2016 Program Report 1) Failure to annually recertify household eligibility2) Failure to meet first-year applicable fraction building-by-building requirement throughout the Extended Use Period (HC)

    Last activity: Response from owner 4/5/2017

    Seltzer

    CED CompaniesAlan H. Ginsburg

    Murdock Circle(0528)

    HC 2001-512CMMRB MR2011BSAIL 2000-096S

    Charlotte 1/3/2017 Annual Review 12/13/2016 Failure to meet Uniform Physical Condition Standard (UPCS) for buildings

    Last activity: 4/10/2017 Letter to owner.

    Seltzer

  • Page 6 of 18

    Asset Management Noncompliance Report

    Cutoff Date: 4/5/2017Owner Contact Information Development

    NameProgram and

    NumberCounty Owner Notified of

    Noncompliance (Oldest Date)

    Noncompliance Source Open Items/Most Recent Activity (Type and Date) Monitoring Agent

    CED CompaniesAlan H. GinsburgContinued

    Nassau Club (1437)

    HC SAIL Nassau 9/28/2016 Program Report Failure to recertify household eligibility

    Last activity: 3/14/2017-Letter to Owner

    First Housing

    CED CompaniesAlan H. Ginsburg

    Riverside - Tarpon Springs (0706)

    HC 2000-530CMMRB MR 2011A (MR2000I)SAIL 2001-119S

    Pinellas 12/11/2015 Annual Review 11/19/2015 Failure to perform annual recertification. (BOND/SAIL/HC)

    Last Activity: 3/23/2017 Letter to owner.

    Seltzer

    CED CompaniesAlan H. Ginsburg

    Riverside - Tarpon Springs (0706)

    HC 2000-530CMMRB MR 2011A (MR2000I)SAIL 2001-119S

    Pinellas 9/8/2016 Program Report 1) Failure to annually recertify household eligibility2) Failure to meet first-year applicable fraction building-by-building requirement throughout the Extended Use Period (HC)

    Last activity: Letter sent to owner 4/10/2017

    Seltzer

    CED CompaniesAlan H. Ginsburg

    Riverside - Tarpon Springs(0706)

    HC 2000-530CMMRB MR 2011ASAIL 2001-119S

    Pinellas 11/21/2016 Annual Review 11/2/2016 1) Failure to document eligibility at initial occupancy (BOND/SAIL/HC)2) Failure to perform annual recertification (BOND/SAIL/HC)3) Failure to provide a tenant program (SAIL)4) Failure to meet applicable fraction building-by-building set-aside requirement (HC)5) Failure to meet Uniform Physical Condition Standard (UPCS) for buildings (BOND/SAIL/HC)

    Last activity: 3/23/2017 Letter to owner.

    Seltzer

    CED CompaniesAlan H. Ginsburg

    Saint Andrews Pointe(1115)

    MMRB MR2003E 1&2SAIL 2002-079BSHC 2002-548C

    St. Lucie 4/28/2016 Program Report 3/31/2016 Failure to perform annual recertification.

    Last activity: 4/3/2017-Email to Management

    First Housing

    CED CompaniesAlan H. Ginsburg

    University Club(1151)

    SAIL 2002-081SHC 2002-519C

    Sarasota 9/27/2016 Program Report Failure to perform first anniversary income determination

    Last activity: Response from owner 3/3/2017

    Seltzer

    Community Builders Inc.D. Morgan Wilson

    Augustine Club (0053)

    MMRB MR2007D Leon 11/14/2016 Annual Review 10/13/2016 Failure to meet uniform physical condition standards

    Last activity: 3/30/2017-Response from Management

    First Housing

    Community Builders Inc.D. Morgan Wilson

    Augustine Club (0053)

    MMRB MR2007D Leon 11/16/2016 Program Report Failure to document eligibility upon initial occupancy - units rented to non-qualified households when low-iincome requirement not fulfilled

    Last activity: 4/5/2017-Response from Management

    First Housing

  • Page 7 of 18

    Asset Management Noncompliance Report

    Cutoff Date: 4/5/2017Owner Contact Information Development

    NameProgram and

    NumberCounty Owner Notified of

    Noncompliance (Oldest Date)

    Noncompliance Source Open Items/Most Recent Activity (Type and Date) Monitoring Agent

    Community Housing Partners CorporationJeffrey K. Reed

    Azalea(1101)

    HOME 2002-720H Hardee 12/21/2016 Annual Review 11/21/2016 1) Failure to document tenant eligibility upon initial occupancy2) Failure to properly recertify eligibility

    Last activity: 3/27/2017-Email to Management

    First Housing

    Community Housing Partners CorporationJeffrey K. Reed

    Horizon House Sunset (1083)

    SAIL 2000-066S Alachua 10/5/2016 Annual Review 9/7/2016 Failure to meet Uniform Physical Condition Standards.

    Last activity: 4/5/2017-Email from management

    First Housing

    Community Housing Partners CorporationJeffrey K. Reed

    Silver Pointe At Leesburg(1350)

    HC 2003-009C Lake 12/5/2016 Annual Review 11/9/2016 1) Exceeded rent limitation...

Recommended

View more >