Legislation Details

File #: 24-1048   
In control: Public Works and Environmental Services - Housing Finance Authority
Agenda Date: 9/17/2024 Final action: 9/17/2024
Title: MOTION TO APPROVE Agreement between Broward County ("County") and Tallman Pines, HR, Ltd. ("Tallman Pines"), Providing State Housing Initiatives Partnership Program Funding for Multifamily Rental Construction ("Agreement") providing State Housing Initiatives Partnership ("SHIP") program funds in the amount of $100,000, to Tallman Pines to assist with the construction of an affordable 75-unit new construction elderly residential development in the City of Deerfield Beach, Florida ("Project"); and authorize the Mayor and Clerk to execute same. (Commission District 2)
Indexes: Established Commission Goals
Attachments: 1. Exhibit 1 - Tallman Pines SHIP Agreement, 2. Exhibit 2 - Tallman Pines Map
Date Action ByActionResultAction DetailsMeeting DetailsVideo
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Broward County Commission Regular Meeting
Director's Name: Leonard Vialpando
Department: Resilient Environment Division: Housing Finance Division

Information
Requested Action
title
MOTION TO APPROVE Agreement between Broward County ("County") and Tallman Pines, HR, Ltd. ("Tallman Pines"), Providing State Housing Initiatives Partnership Program Funding for Multifamily Rental Construction ("Agreement") providing State Housing Initiatives Partnership ("SHIP") program funds in the amount of $100,000, to Tallman Pines to assist with the construction of an affordable 75-unit new construction elderly residential development in the City of Deerfield Beach, Florida ("Project"); and authorize the Mayor and Clerk to execute same. (Commission District 2)

body
Why Action is Necessary
Board action is required to approve SHIP program funding agreements.

What Action Accomplishes
Approves the Agreement providing SHIP program funds towards the construction of the Project.

Goal Related Icon(s)
?County Commission
?Go Green
?MAP Broward

Previous Action Taken
None taken.

Summary Explanation/Background
THE RESILIENT ENVIRONMENT DEPARTMENT AND THE HOUSING FINANCE DIVISION RECOMMEND APPROVAL OF THE ABOVE MOTION.

This item supports the Board's vision of, "offering sustainable, compatible, innovative housing options for all income levels, including integrated, permanent, supportive housing and rapid rehousing," and its corresponding goal to "strengthen stakeholder partnerships to increase the availability of affordable housing of all types (e.g., rental, purchase, supporting, etc.) countywide, in every community."

On September 20, 2022 (Agenda Item No. 36B), the Broward County Board of County Commissioners ("Board") adopted Resolution No. 2022-465, approving the allocation of $500,000 in SHIP Program funding to the Multifamily Rental New Construction Strategy, and to serve as the Local Government Contribution that is required for applicants to compete in the ...

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