Submitted By: James Haynes
presenter
Presentation By: Robin Ford
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Department: Community Development Services
STAFF RECOMMENDATION (Motion Ready):
title
Adopt Resolution 2025-1 approving the City of Ocala's State Housing Initiatives Partnership Annual Report for program closeout for the 2021-2022 funding cycle
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OCALA’S RELEVANT STRATEGIC GOALS:
Operational Excellence
PROOF OF PUBLICATION:
N/A
body
BACKGROUND:
The Florida Legislature passed the Sadowski Act in 1991 to create a trust fund to finance state and local affordable housing initiatives managed by the Florida Housing Finance Corporation. The State Housing Initiatives Program (SHIP) grant is funded through this act and distributed to counties and qualifying municipalities in Florida.
FINDINGS AND CONCLUSIONS:
The Florida Statutes require the submission of an Annual Report for entities that accept funds for the SHIP program. The plan is submitted annually to report data on the usage of funds that have been significantly expended within the two-year closeout period, to provide performance measure reports, and to meet the data requests of the State Legislature. The City of Ocala is submitting its closeout report for the 2021-2022 funding cycle. The City’s SHIP allocation was $425,267 for the 2021-2022 funding cycle.
FISCAL IMPACT:
Annual reporting is required to continue to receive SHIP funding.
PROCUREMENT REVIEW:
N/A
LEGAL REVIEW:
N/A
ALTERNATIVE:
• Approve with amendments
• Deny
• Table
RESOLUTION 2025-1
APPROVE THE CITY OF OCALA’S STATE HOUSING INITIATIVES PLAN (SHIP) ANNUAL REPORT FOR CLOSEOUT YEAR 2021-2022
WHEREAS, the State of Florida enacted the William E. Sadowski Affordable Housing Act, Chapter 92-317 of Florida Sessions Laws, allocating a portion of documentary stamp taxes on deeds to local governments for the development and maintenance of affordable housing; and
WHEREAS, the SHIP Act requires entities that receive annual funding to submit annual closeout reports on the activities it accomplished in the program year being closed out; and
WHEREAS, the City of Ocala has significantly expended its 2021-2022 program year funding.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OCALA, FLORIDA, in regular session duly assembled as follows:
Section 1: The City Council of the City of Ocala, Florida hereby approves the SHIP Annual Report, as attached, and incorporated hereto for submission to the Florida Housing Finance Corporation as required by ss 420.9075, Florida Statutes, for program year 2021-2022.
Section 2: The Council President is hereby designated and authorized to execute any documents and certifications required by the Florida Housing Finance Corporation as related to the Annual Report, and to do all things necessary and proper to carry out the terms and conditions of said program.
Section 3: This resolution shall take effect immediately upon its adoption.
This resolution adopted this ______ day of ______________________, 2024.
ATTEST: CITY OF OCALA
By: By:
Angel B. Jacobs Barry Mansfield
City Clerk President, Ocala City Council
Approved as to form and legality:
By: _________________________________
William E. Sexton
City Attorney