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.