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10 | 10 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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12 | 12 | | A bill to be entitled 1 |
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13 | 13 | | An act relating to Broward County; creating the 2 |
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14 | 14 | | Broward County Affordable Housing Improvement Act; 3 |
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15 | 15 | | providing definitions; authorizing the levy of a 4 |
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16 | 16 | | discretionary surtax to establish and finance 5 |
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17 | 17 | | affordable housing for certain persons; specifying the 6 |
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18 | 18 | | cap for the rate of the surtax; specifying 7 |
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19 | 19 | | requirements for reauthorizing the discretionary 8 |
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20 | 20 | | surtax; specifying the documents and conditions under 9 |
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21 | 21 | | which the surtax appli es; specifying the procedures a 10 |
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22 | 22 | | county must use before levying the surtax; requiring 11 |
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23 | 23 | | that surtax proceeds be deposited in the county's 12 |
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24 | 24 | | affordable housing trust fund; specifying authorized 13 |
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25 | 25 | | and prohibited uses of surtax proceeds; providing 14 |
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26 | 26 | | exceptions; providing an exception to general law; 15 |
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27 | 27 | | prohibiting the rehabilitation of housing owned by 16 |
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28 | 28 | | certain governments without a specified vote; 17 |
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29 | 29 | | requiring the Office of Program Policy Analysis and 18 |
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30 | 30 | | Government Accountability to review the discretionary 19 |
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31 | 31 | | surtax program at a specified interval and provide 20 |
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32 | 32 | | reports to the Governor and Legislature; providing an 21 |
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33 | 33 | | effective date. 22 |
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34 | 34 | | 23 |
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35 | 35 | | Be It Enacted by the Legislature of the State of Florida: 24 |
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36 | 36 | | 25 |
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45 | 45 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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47 | 47 | | Section 1. Short title.—This act may be cited as the 26 |
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48 | 48 | | "Broward County Affordable Housing Improvement Act." 27 |
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49 | 49 | | Section 2. Definitions.—For purposes of this act, the 28 |
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50 | 50 | | term: 29 |
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51 | 51 | | (1) "Adjusted for family size" means the adjustment of the 30 |
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52 | 52 | | income eligibility level to a lower level for households having 31 |
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53 | 53 | | fewer than four persons and a higher level for h ouseholds having 32 |
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54 | 54 | | more than four persons as compared to the base income 33 |
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55 | 55 | | eligibility determined as provided in subsections (10), (11), 34 |
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56 | 56 | | and (12) which shall be based upon a formula established by the 35 |
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57 | 57 | | United States Department of Housing and Urban Development. 36 |
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58 | 58 | | (2) "Affordable" means monthly rents or monthly mortgage 37 |
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59 | 59 | | payments including taxes and insurance that do not exceed 30 38 |
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60 | 60 | | percent of the income which represents the percentage of the 39 |
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61 | 61 | | median annual gross income for the households indicated in 40 |
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62 | 62 | | subsections (10), (11), and (12). 41 |
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63 | 63 | | (3) "Affordable housing" means any real or personal 42 |
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64 | 64 | | property located within Broward County that is constructed for 43 |
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65 | 65 | | the primary purpose of providing decent, safe, and sanitary 44 |
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66 | 66 | | residential units that are designed for home ownership or ren tal 45 |
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67 | 67 | | for very low-income, low-income, and moderate -income persons and 46 |
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68 | 68 | | families. 47 |
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69 | 69 | | (4) "Affordable Housing Trust Fund" or "AHTF" means the 48 |
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70 | 70 | | Broward County Affordable Housing Trust Fund approved by 49 |
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71 | 71 | | majority vote of the Broward County electors voting in a 50 |
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80 | 80 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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81 | 81 | | |
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82 | 82 | | referendum held during the November 2018 general election and 51 |
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83 | 83 | | codified in Section 11.09 of the Broward County Charter. 52 |
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84 | 84 | | (5) "County" means Broward County. 53 |
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85 | 85 | | (6) "County commission" means the Board of County 54 |
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86 | 86 | | Commissioners of Broward County. 55 |
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87 | 87 | | (7) "Homeownership assistance" means the assistance of 56 |
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88 | 88 | | very low-income, low-income, and moderate -income families in 57 |
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89 | 89 | | purchasing a home as their primary residence, including reducing 58 |
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90 | 90 | | the cost of the home with below -market construction financing, 59 |
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91 | 91 | | the amount of down payment and closing costs paid by the 60 |
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92 | 92 | | borrower, or the mortgage payment to an affordable amount for 61 |
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93 | 93 | | the purchaser or using any other financial assistance measure as 62 |
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94 | 94 | | provided in s. 420.5088, Florida Statutes. 63 |
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95 | 95 | | (8) "Housing" includes single -family, detached dwellings, 64 |
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96 | 96 | | multi-family dwellings, and other residential dwellings. 65 |
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97 | 97 | | (9) "Housing assistance voucher" means the document used 66 |
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98 | 98 | | to access assistance paid by the county from the discretionary 67 |
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99 | 99 | | surtax balance in the Affordable Housing Trust Fund to a 68 |
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100 | 100 | | prospective purchaser of a single-family residence, which must 69 |
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101 | 101 | | be the purchaser's homestead. 70 |
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102 | 102 | | (10) "Low-income family" means one or more natural persons 71 |
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103 | 103 | | or a family with a total anticipated income for the household 72 |
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104 | 104 | | that does not exceed 80 percent of the median annual income 73 |
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105 | 105 | | adjusted for family size for households within the county. 74 |
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106 | 106 | | However, with respect to rental units, the household's annual 75 |
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115 | 115 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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117 | 117 | | income at the time of initial occupancy may not exceed 80 76 |
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118 | 118 | | percent of the area's median income adjusted for family size. 77 |
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119 | 119 | | While occupying the rental unit, the household's annual income 78 |
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120 | 120 | | may increase to an amount not to exceed 140 percent of 80 79 |
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121 | 121 | | percent of the area's median income adjusted for family size. 80 |
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122 | 122 | | (11) "Moderate-income family" means one or more natural 81 |
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123 | 123 | | persons or a family with a total anticipated income for the 82 |
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124 | 124 | | household that does not exceed 140 percent of the median annual 83 |
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125 | 125 | | income adjusted for family size for households within the 84 |
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126 | 126 | | county. However, with respect to rental units, the household's 85 |
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127 | 127 | | annual income at the time of initial o ccupancy may not exceed 40 86 |
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128 | 128 | | percent of the area's median income adjusted for family size. 87 |
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129 | 129 | | While occupying the rental unit, the household's annual income 88 |
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130 | 130 | | may increase to an amount not to exceed 140 percent of 140 89 |
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131 | 131 | | percent of the area's median income adjusted for family size. 90 |
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132 | 132 | | (12) "Very low-income family" means one or more natural 91 |
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133 | 133 | | persons or a family with a total anticipated income for the 92 |
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134 | 134 | | household that does not exceed 50 percent of the median annual 93 |
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135 | 135 | | income adjusted for family size for households within the 94 |
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136 | 136 | | county. However, with respect to rental units, the household's 95 |
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137 | 137 | | annual income at the time of initial occupancy may not exceed 50 96 |
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138 | 138 | | percent of the area's median income adjusted for family size. 97 |
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139 | 139 | | While occupying the rental unit, the household's annual income 98 |
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140 | 140 | | may increase to an amount not to exceed 140 percent of 50 99 |
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141 | 141 | | percent of the area's median income adjusted for family size. 100 |
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150 | 150 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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151 | 151 | | |
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152 | 152 | | Section 3. Affordable housing discretionary surtax on 101 |
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153 | 153 | | documents; adoption; application of revenue. — 102 |
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154 | 154 | | (1) The county may levy a discreti onary surtax on 103 |
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155 | 155 | | documents for the purpose of establishing and financing 104 |
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156 | 156 | | affordable housing countywide. 105 |
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157 | 157 | | (2) The rate of the surtax may not exceed the rate of 45 106 |
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158 | 158 | | cents for each $100 or fractional part thereof of the 107 |
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159 | 159 | | consideration therefor. The surtax shall apply only to those 108 |
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160 | 160 | | documents taxable under s. 201.02, Florida Statutes, except a 109 |
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161 | 161 | | surtax may not be levied on any document in which the interest 110 |
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162 | 162 | | granted, assigned, transferred, or conveyed involves only a 111 |
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163 | 163 | | single-family residence. A single -family residence may be a 112 |
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164 | 164 | | condominium unit, a unit held through stock ownership or 113 |
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165 | 165 | | membership representing a proprietary interest in a corporation 114 |
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166 | 166 | | owning a fee or a leasehold initially in excess of 98 years, or 115 |
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167 | 167 | | a detached dwelling. 116 |
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168 | 168 | | (3) The county commission may initiall y levy the 117 |
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169 | 169 | | discretionary surtax authorized in this section only upon a 118 |
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170 | 170 | | super majority vote of its entire membership. This initial levy 119 |
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171 | 171 | | of the surtax shall expire on January 1, 2031, unless the county 120 |
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172 | 172 | | commission places a question to reauthorize the levy of the 121 |
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173 | 173 | | surtax before the county's electors in a referendum to be held 122 |
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174 | 174 | | at the general election of November 2030. If a majority of the 123 |
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175 | 175 | | electors voting in the referendum reauthorize the surtax, the 124 |
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176 | 176 | | county commission shall place a question to reauthorize the 125 |
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185 | 185 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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186 | 186 | | |
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187 | 187 | | surtax every 12 years following the approval of the prior 126 |
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188 | 188 | | reauthorization. 127 |
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189 | 189 | | (4) Subject to subsection (3), the county commission shall 128 |
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190 | 190 | | enact an ordinance which establishes the policies and procedures 129 |
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191 | 191 | | governing the levy of the surtax, use of surtax proceeds, 130 |
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192 | 192 | | eligibility standards, and housing assistance voucher programs 131 |
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193 | 193 | | available to very low -income, low-income and moderate-income 132 |
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194 | 194 | | families residing within the county. The surtax ordinance must 133 |
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195 | 195 | | be proposed at a regular meeting of the county commission at 134 |
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196 | 196 | | least 2 weeks before the public hearing at which the ordinance 135 |
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197 | 197 | | will be formally enacted. The ordinance is only effective if 136 |
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198 | 198 | | approved by a super-majority vote of the total membership of the 137 |
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199 | 199 | | county commission. The ordinance may not take effect until 90 138 |
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200 | 200 | | days after formal enactment or such other date prescribed by the 139 |
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201 | 201 | | county commission, whichever is later. 140 |
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202 | 202 | | (5) The county shall deposit all proceeds from the 141 |
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203 | 203 | | discretionary surtax in the Affordable Housing Trust Fund and 142 |
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204 | 204 | | shall create separate accounts within the Affordabl e Housing 143 |
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205 | 205 | | Trust Fund to avoid commingling the proceeds generated from 144 |
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206 | 206 | | implementation of this act and other revenues deposited by the 145 |
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207 | 207 | | county for affordable housing. Investment earnings from the 146 |
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208 | 208 | | proceeds deposited into AHTF pursuant to this act, if any, must 147 |
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209 | 209 | | be retained and used for affordable housing. 148 |
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210 | 210 | | (6)(a) The county shall use the proceeds solely to 149 |
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211 | 211 | | increase and improve the supply of affordable housing to 150 |
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220 | 220 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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221 | 221 | | |
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222 | 222 | | eligible households including the acquisition of property and 151 |
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223 | 223 | | property rights, costs of construction including costs 152 |
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224 | 224 | | associated with planning, administration, design, building or 153 |
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225 | 225 | | installation, and any other costs necessary to finance the 154 |
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226 | 226 | | construction, rehabilitation, or purchase of housing for very 155 |
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227 | 227 | | low-income, low-income and moderate-income families, to pay the 156 |
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228 | 228 | | necessary costs of collection and enforcement of the surtax, the 157 |
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229 | 229 | | reimbursement of the county for any costs advanced from other 158 |
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230 | 230 | | funding sources, and to fund any local matching contributions 159 |
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231 | 231 | | required pursuant to federal law. The county's expenditure of 160 |
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232 | 232 | | surtax proceeds shall, to the extent practical, be consistent 161 |
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233 | 233 | | with the affordable housing incentives strategies developed and 162 |
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234 | 234 | | recommended to the county by the Broward County Affordable 163 |
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235 | 235 | | Housing Advisory Committee pursuant to s. 420.9076, Florida 164 |
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236 | 236 | | Statutes. 165 |
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237 | 237 | | (b) At least 50 percent of the funds must be used to 166 |
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238 | 238 | | provide housing assistance for the benefit of very low -income 167 |
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239 | 239 | | and low-income families. The county shall by ordinance divide 168 |
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240 | 240 | | the proceeds set-aside in this paragraph to assist the housing 169 |
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241 | 241 | | needs of very low-income and low-income households. At least 10 170 |
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242 | 242 | | percent of the surtax proceeds must be used to provide housing 171 |
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243 | 243 | | assistance for income -eligible, qualified individuals with 172 |
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244 | 244 | | disabilities. Authorized uses of the proceeds include: 173 |
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245 | 245 | | 1. Providing funds for fi rst and second mortgages. 174 |
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246 | 246 | | 2. Acquiring property to form housing cooperatives. 175 |
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255 | 255 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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256 | 256 | | |
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257 | 257 | | 3. Acquiring land for a residential housing project, in 176 |
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258 | 258 | | which at least 30 percent of the units are affordable to very 177 |
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259 | 259 | | low-income, low-income, and moderate -income families, if the 178 |
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260 | 260 | | land is owned by a local government or a special district that 179 |
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261 | 261 | | enters into an agreement with the county to provide such 180 |
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262 | 262 | | housing. The local government or special district may enter into 181 |
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263 | 263 | | a ground lease with a person or entity for nominal or other 182 |
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264 | 264 | | consideration for the construction of the residential housing 183 |
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265 | 265 | | project on land acquired pursuant to this paragraph. 184 |
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266 | 266 | | (c) No more than 50 percent of the revenues collected each 185 |
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267 | 267 | | year under this section may be used to help finance new 186 |
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268 | 268 | | construction. The proceeds of the surtax may not be used for 187 |
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269 | 269 | | rent subsidies or grants. 188 |
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270 | 270 | | (d) No more than 10 percent of surtax revenues collected 189 |
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271 | 271 | | under this section by the Department of Revenue and remitted to 190 |
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272 | 272 | | the county in any fiscal year may be used for reasonable 191 |
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273 | 273 | | administrative costs, including reasonable consultant and legal 192 |
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274 | 274 | | expenses related to the establishment and administration of 193 |
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275 | 275 | | affordable housing programs, administration of the AHTF, and 194 |
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276 | 276 | | reasonable expenses for administering the process of 195 |
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277 | 277 | | calculating, collecting, and accounti ng for any deferred county 196 |
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278 | 278 | | fees as authorized by county ordinance. 197 |
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279 | 279 | | (e) Notwithstanding any other provision of the Broward 198 |
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280 | 280 | | County Code of Ordinances or federal or state law or regulations 199 |
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281 | 281 | | to the contrary, surtax revenues deposited in the AHTF and used 200 |
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290 | 290 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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291 | 291 | | |
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292 | 292 | | to construct, acquire, rehabilitate, or subsidize affordable 201 |
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293 | 293 | | housing, or assist other governmental agencies, private 202 |
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294 | 294 | | organizations, or individuals in the construction, acquisition, 203 |
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295 | 295 | | rehabilitation, reimbursement of county advanced funds, location 204 |
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296 | 296 | | or subsidy of affordable housing shall, whenever feasible, be 205 |
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297 | 297 | | disbursed in a manner to assure that the housing supply created 206 |
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298 | 298 | | with AHTF revenues is accessible to a range of families whose 207 |
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299 | 299 | | incomes do not exceed the United States Department of Housing 208 |
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300 | 300 | | and Urban Development's published standards for moderate -income 209 |
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301 | 301 | | households, adjusted for family size. 210 |
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302 | 302 | | (7) Notwithstanding subsection (6), of the discretionary 211 |
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303 | 303 | | surtax revenues collected by the Department of Revenue remaining 212 |
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304 | 304 | | after any deduction for administrative costs as p rovided in 213 |
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305 | 305 | | paragraph (6)(d), at least 35 percent shall be used to provide 214 |
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306 | 306 | | homeownership assistance for very low -income, low-income, and 215 |
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307 | 307 | | moderate-income families, and at least 35 percent shall be used 216 |
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308 | 308 | | for construction, rehabilitation, and purchase of rental housing 217 |
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309 | 309 | | units. The remaining amount may be allocated to provide for 218 |
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310 | 310 | | homeownership assistance or rental housing units, at the 219 |
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311 | 311 | | discretion of the county. 220 |
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312 | 312 | | (8) Any funds allocated for homeownership assistance or 221 |
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313 | 313 | | rental housing units that are not committed at the end of the 222 |
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314 | 314 | | fiscal year shall be reallocated in subsequent years consistent 223 |
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315 | 315 | | with this subsection, in that at least 35 percent shall be 224 |
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316 | 316 | | reallocated to provide homeownership assistance for very low -225 |
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325 | 325 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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326 | 326 | | |
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327 | 327 | | income, low-income, and moderate -income families, and at least 226 |
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328 | 328 | | 35 percent shall be reallocated for construction, 227 |
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329 | 329 | | rehabilitation, and purchase of rental housing units. The 228 |
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330 | 330 | | remaining amount of uncommitted funds may be reallocated at the 229 |
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331 | 331 | | discretion of the county within any of the categories 230 |
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332 | 332 | | established in this sec tion. 231 |
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333 | 333 | | (9) Rehabilitation of housing owned by a recipient 232 |
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334 | 334 | | government may be authorized only after a determination approved 233 |
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335 | 335 | | by a majority vote of the total membership of the county 234 |
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336 | 336 | | commission that no other sources of funds are available. 235 |
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337 | 337 | | Section 4. Program review and report. —By January 1, 2026, 236 |
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338 | 338 | | and every 5 years thereafter, the Office of Program Policy 237 |
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339 | 339 | | Analysis and Government Accountability shall review the 238 |
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340 | 340 | | discretionary surtax program operated under this section and 239 |
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341 | 341 | | shall provide a report to the Govern or, the President of the 240 |
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342 | 342 | | Senate, and the Speaker of the House of Representatives. 241 |
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343 | 343 | | Section 5. This act shall take effect October 1, 2022. 242 |
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