Housing Finance Authority

Housing Finance Authority Meeting – March 28, 2018

PASCO COUNTY HOUSING FINANCE AUTHORITY

MEETING

West Pasco Government Center

1st Floor Board Room

8731 Citizens Drive

New Port Richey, Florida 34654


March 28, 2018


 9:00 AM – 11:00 AM

AGENDA

  1. Call to Order
  2. Public Comment
  3. Approval of Minutes for November 15th, 2017 meeting
  4. New Business
    1. Approve Proposed Meeting Schedule for 2018 – quarterly rather than monthly meetings (i.e., this was agreed upon during the 11/15/17 FHA meeting), unless special meetings for project approvals are required in the interim.


Meeting Location: WPGC Board Room

Timeframe: 9:00am – 11:00am

1st Quarter March 28th

2nd Quarter June 27th

3rd Quarter Sept. 19th  Time Frame is 9:30am – 11:30am

4th Quarter Oct. 31st

  1. Tax Bill Reform – Discuss Potential impacts
  2. Old Business
  3. Adjourn

Housing Finance Authority Meeting – January 24, 2018 -- **CANCELED**

The Housing Finance Authority meeting scheduled for January 24, 2018, has been canceled.

Housing Finance Authority Meeting - November 15, 2017

PASCO COUNTY HOUSING FINANCE AUTHORITY

MEETING

West Pasco Government Center

1st Floor Board Room

8731 Citizens Drive

New Port Richey, Florida 34654

 

November 15, 2017

 

9:00 AM – 11:00 AM

AGENDA

 

  1. Call to Order
  2. Public Comment
  3. Approval of Minutes for July 6, 2017 meeting and August 3, 2017 workshop.
  4. New Business
    1. Project Update – Regency Palms – Approval of Rider to Land Use Restriction

Agreement subordinating the HFA’s interests to Freddie Mac’s for purposes of payment

  1. Staff Transition – expanded use of the HFA’s Financial Advisor (FA); proposed amendment to the FA’s contract
  2. Proposed Meeting Schedule for 2018 – quarterly rather than monthly meetings, unless special meetings for project approvals required in the interim
  3. Old Business
  4. Adjourn

Housing Finance Authority Meeting - December 7, 2017 -- **CANCELED**

The Housing Finance Authority meeting scheduled for December 7, 2017, has been canceled.

Housing Finance Authority Meeting - October 18, 2017 -- **CANCELED**

The Housing Finance Authority meeting scheduled for October 18, 2017, has been canceled.

Housing Finance Authority Meeting - September 7, 2017 -- **CANCELED**

The Housing Finance Authority meeting scheduled for September 7, 2017, has been canceled.

Housing Finance Authority Meeting - August 3, 2017

Housing Finance Authority Board Meeting – August 3, 2017

There will be a Housing Finance Authority Board Meeting on August 3, 2017, at 9:00 AM at the West Pasco Government Center, 1st Floor Board Room, 8731 Citizens Drive, New Port Richey, FL 34654.

All interested parties are encouraged to attend said public meeting and be heard.

The draft agenda for this meeting is as follows:

  1. Call to Order
  2. Public Comment
  3. New Business
    1. Project Update – Regency Palms
  4. Old Business
    1. Revision of HFA Meeting Schedule (New Schedule to Be Distributed)
  5. Adjourn

If you are a person with a disability who needs any accommodation in order to participate in this proceeding, you are entitled, at no cost to you, to the provision of certain assistance. Within two (2) working days of your receipt of this notice, please contact the Consumer Affairs Section, West Pasco Government Center, 7530 Little Road, New Port Richey, Florida at 727-847-8110 (V) in New Port Richey; 352-521-4274, extension 8110 (V) in Dade City; and 800-955-8771 if you are hearing impaired.

ANY PERSON DESIRING TO APPEAL ANY DECISION MADE BY THE HOUSING FINANCE AUTHORITY OF PASCO COUNTY WITH RESPECT TO ANY MATTER CONSIDERED AT ANY MEETING OR HEARING WILL NEED A RECORD OF THE PROCEEDINGS AND MAY NEED TO ASSURE THAT A VERBATIM RECORD OF THE PROCEEDINGS IS MADE UPON WHICH THE APPEAL IS TO BE BASED.

Housing Finance Authority Meeting - July 6, 2017

Housing Finance Authority Board Meeting – July 6, 2017 

There will be a Housing Finance Authority Board Meeting on July 6, 2017, at 9:00 AM, at the West Pasco Government Center, 1st Floor Board Room, 8731 Citizens Drive, New Port Richey, FL 34654.

All interested parties are encouraged to attend said public meeting and be heard.

The draft agenda for this meeting is as follows:

Welcome and Introductions

I. Consideration of New HFA Meeting Schedule

II. Project Updates

  • Regency Palms
  • Hudson Estates

III. Overview of County Programs

  • SHIP / SAIL Programs – Interaction with HFA Programs

IV. Sunshine Law / Public Records/
Conflicts of Interest Requirements

V. Upcoming Educational Opportunities:

  • Florida Housing Coalition Conference (September 2017)

VI. Wrap-Up

VII. Public Comments

VIII. Adjournment

If you are a person with a disability who needs any accommodation in order to participate in this proceeding, you are entitled, at no cost to you, to the provision of certain assistance. Within two (2) working days of your receipt of this notice, please contact the Consumer Affairs Section, West Pasco Government Center, 7530 Little Road, New Port Richey, Florida at 727-847-8110 (V) in New Port Richey; 352-521-4274, extension 8110 (V) in Dade City; and 800-955-8771 if you are hearing impaired.

ANY PERSON DESIRING TO APPEAL ANY DECISION MADE BY THE HOUSING FINANCE AUTHORITY OF PASCO COUNTY WITH RESPECT TO ANY MATTER CONSIDERED AT ANY MEETING OR HEARING WILL NEED A RECORD OF THE PROCEEDINGS AND MAY NEED TO ASSURE THAT A VERBATIM RECORD OF THE PROCEEDINGS IS MADE UPON WHICH THE APPEAL IS TO BE BASED.

HFA Meeting - May 4, 2017 - Cancellation

The HFA meeting scheduled for May 4, 2017, has been canceled.

HFA Meeting Canceled - April 6, 2017

The HFA meeting scheduled for April 6, 2017, has been canceled.

Housing Finance Authority Meeting Canceled - March 2, 2017

The HFA meeting scheduled for March 7, 2017, has been canceled.

The next regularly scheduled meeting of the HFA will be held on April 6, 2017, at 9:00 AM, at the West Pasco Government Center.

Housing Finance Authority Meeting Schedule

The Housing Finance Authority holds its meetings the first Thursday of every month at 9:00 AM at the West Pasco Government Center, 1st Floor Board Room, New Port Richey, FL 34654.

The meetings as scheduled for 2017 include:

  • March 2, 2017 CANCELED
  • April 6, 2017
  • May 4, 2017
  • June 1, 2017
  • July 6, 2017
  • August 3, 2017
  • September 7, 2017
  • October 5, 2017
  • November 2, 2017
  • December 7, 2017 CANCELED

Housing Finance Authority Board Membership

The Housing Finance Authority Board Members Include:

  • John Letvin, Chairman
  • Kobus Appelgrijn - Vice-Chairman
  • Skip Miller - Board Member
  • Mike Waters - Board Member
  • Margie Pagano - Board Member

The HFA board members were all appointed by the Pasco County Board of County Commissioners.

Housing Finance Authority Information

Entity Name: Pasco County Housing Finance Authority

Purpose: To alleviate a shortage of housing and capital for investment in housing within Pasco County.

Fiscal Year: October 1 - September 30 annually

Governing Regulations: The Pasco County Housing Finance Authority was established under Chapter 159, Florida Statutes, and Chapter 2, Division 5, Section 2-256, et seq. of the Pasco County Code of Ordinances.

Service Area: The Pasco County Housing Finance Authority serves all of Pasco County, including its municipalities.

Budget

The HFA FY2017 Budget is available here: 2017 Budget

 Contact Information for Housing Finance Authority:

The HFA is staffed by the Community Development Department and Office of the County Attorney.

Executive Director: George Romagnoli, AICP, Community Development Director
Legal Counsel: Jane Fagan, Senior Assistant County Attorney
Administrative Staff: Michelle L. Miller, Senior Community Development Specialist

For any information related to the Housing Finance Authority, please contact Community Development at (727) 834-3445 or via email.

Housing Finance Authority Meeting - February 2, 2017

The agenda for the Housing Finance Authority meeting on February 2, 2017, is below.

Please note that the HFA meeting will be held at the West Pasco Government Center, 8731 Citizens Drive, 1st Floor Board Room, New Port Richey, FL 34654.

Agenda

January 5, 2017 meeting is canceled

There will be no meeting of the Housing Finance Authority on January 5, 2017.

TEFRA Hearing - Pasco Woods 

HOUSING FINANCE AUTHORITY OF PASCO COUNTY, FLORIDA
TEFRA (Tax Equity and Fiscal Responsibility Act of 1982) HEARING

Friday, December 2, 2016

2:00 PM – Hudson Library Meeting Room, 8012 Library Rd, Hudson, FL 34667

Agenda:

  1. Application by Harmony Housing LLC for Multifamily Bonds for Pasco Woods Multifamily Project

    1. Public TEFRA Hearing to finance the acquisition and rehabilitation of Pasco Woods, a 200 unit multi- family apartment complex located at 6220 Ryerson Circle, Wesley Chapel, Florida 33544.
  1. Open Hearing
  2. Public Comment
  3. Close Hearing
  1. Adjourn

All interested parties are encouraged to attend said public meeting and be heard. If you are a person with a disability who needs any accommodation in order to participate in this proceeding, you are entitled, at no cost to you, to the provision of certain assistance. Within two (2) working days of your receipt of this notice, please contact the Consumer Affairs Section, West Pasco Government Center, 7530 Little Road, New Port Richey, Florida at 727-847-8110 (V) in New Port Richey; 352-521-4274, extension 8110 (V) in Dade City; and 800-955-8771 if you are hearing impaired.

ANY PERSON DESIRING TO APPEAL ANY DECISION MADE BY THE HOUSING FINANCE AUTHORITY OF PASCO COUNTY WITH RESPECT TO ANY MATTER CONSIDERED AT ANY MEETING OR HEARING WILL NEED A RECORD OF THE PROCEEDINGS AND MAY NEED TO ASSURE THAT A VERBATIM RECORD OF THE PROCEEDINGS IS MADE UPON WHICH THE APPEAL IS TO BE BASED.

Housing Finance Authority Board Meeting – December 1, 2016

There will be a Housing Finance Authority Board Meeting on December 1, 2016, at 9:00 AM, at the West Pasco Judicial Center, Constitution Room, 7530 Little Road, New Port Richey, FL 34654.

All interested parties are encouraged to attend said public meeting and be heard.

The draft agenda for this meeting is as follows:

  1. Call to Order
  2. Public Comment
  3. Approval of Meeting Minutes from November 3, 2016 HFA Meeting
  4. New Business
  • Approve Rollover of Funding Allocation for Pasco Woods and Hudson Estates Projects
  1. Old Business
  • Introduction of Mark Hendrickson from the Hendrickson Company to discuss Financial Advisor Role and Responsibilities
  1. Adjourn

If you are a person with a disability who needs any accommodation in order to participate in this proceeding, you are entitled, at no cost to you, to the provision of certain assistance. Within two (2) working days of your receipt of this notice, please contact the Consumer Affairs Section, West Pasco Government Center, 7530 Little Road, New Port Richey, Florida at 727-847-8110 (V) in New Port Richey; 352-521-4274, extension 8110 (V) in Dade City; and 800-955-8771 if you are hearing impaired.

ANY PERSON DESIRING TO APPEAL ANY DECISION MADE BY THE HOUSING FINANCE AUTHORITY OF PASCO COUNTY WITH RESPECT TO ANY MATTER CONSIDERED AT ANY MEETING OR HEARING WILL NEED A RECORD OF THE PROCEEDINGS AND MAY NEED TO ASSURE THAT A VERBATIM RECORD OF THE PROCEEDINGS IS MADE UPON WHICH THE APPEAL IS TO BE BASED.

Pasco Woods Application

The Pasco Woods Bond Application is now available:

Pasco County HFA Application

Certification of Total Bond Request and Exhibit A

Articles of Organization and Certificate of Existence

Financial Statement/Resumes

Location Map

Physical Needs Assessment

Appraisal

Site Control

Comprehensive Plan - Housing

Architect and GC Experience

GPMC Experience

Sources and Uses

Development Budget

Pro Forma Operating Budget and Rents

Housing Finance Authority Board Meeting – November 3, 2016

Housing Finance Authority Board Meeting – November 3, 2016

There will be a Housing Finance Authority Board Meeting on November 3, 2016, at 9:00 AM, at the West Pasco Judicial Center, Jury Assembly Room, 7530 Little Road, New Port Richey, FL 34654.

All interested parties are encouraged to attend said public meeting and be heard. The draft agenda for this meeting is as follows:

  1. Call to Order
  2. Public Comment
  3. Approval of Meeting Minutes:
    1. June 2, 2016 HFA Meeting
    2. August 4, 2016 HFA Meeting
    3. October 6, 2016 HFA Meeting
  4. New Business
  • Application by Pasco Woods Harmony Housing LLC for Multifamily Bonds for Pasco Woods Multifamily Project
    • Approval of Inducement Resolution and Memorandum of Agreement to finance the acquisition and rehabilitation of Pasco Woods, a 200 unit multi-family apartment complex located at 6220 Ryerson Circle, Wesley Chapel, FL 33544.
    • Notice of Request from Pinellas County HFA for Area of Operations Approval for Pinellas County Housing Finance Authority to Utilize its Single Family Bond Program within Pasco County
    • Approval of Contract for Financial Advisor Services with Mark Hendrickson d/b/a The Hendrickson Company
  1. Old Business
  2. Adjourn

If you are a person with a disability who needs any accommodation in order to participate in this proceeding, you are entitled, at no cost to you, to the provision of certain assistance. Within two (2) working days of your receipt of this notice, please contact the Consumer Affairs Section, West Pasco Government Center, 7530 Little Road, New Port Richey, Florida at 727-847-8110 (V) in New Port Richey; 352-521-4274, extension 8110 (V) in Dade City; and 800-955-8771 if you are hearing impaired.

ANY PERSON DESIRING TO APPEAL ANY DECISION MADE BY THE HOUSING FINANCE AUTHORITY OF PASCO COUNTY WITH RESPECT TO ANY MATTER CONSIDERED AT ANY MEETING OR HEARING WILL NEED A RECORD OF THE PROCEEDINGS AND MAY NEED TO ASSURE THAT A VERBATIM RECORD OF THE PROCEEDINGS IS MADE UPON WHICH THE APPEAL IS TO BE BASED.

Documents to be discussed at this meeting are:

Resolution approving Pinellas County Housing Finance Authority to Utilize its Single Family Bond Program within Pasco County

Inducement Resolution for Pasco Woods

Memorandum of Agreement - Pasco Woods

Financial Advisor Contract

Meeting Minutes - June 2

Meeting Minutes - August 4

Meeting Minutes - October 6

Housing Finance Authority Board Meeting – September 1, 2016 **CANCELED**

Due to the potential of inclement weather on Thursday, the HFA meeting scheduled for September 1, 2016, at 9:00 AM, is canceled.

There will be a Housing Finance Authority Board Meeting on September 1, 2016 from 9:00 AM – 11:00 AM at the West Pasco Government Center, 1st Floor Board Room, 8731 Citizens Drive, New Port Richey, FL 34654.

All interested parties are encouraged to attend said public meeting and be heard.

If you are a person with a disability who needs any accommodation in order to participate in this proceeding, you are entitled, at no cost to you, to the provision of certain assistance. Within two (2) working days of your receipt of this notice, please contact the Consumer Affairs Section, West Pasco Government Center, 7530 Little Road, New Port Richey, Florida at 727-847-8110 (V) in New Port Richey; 352-521-4274, extension 8110 (V) in Dade City; and 800-955-8771 if you are hearing impaired.

ANY PERSON DESIRING TO APPEAL ANY DECISION MADE BY THE HOUSING FINANCE AUTHORITY OF PASCO COUNTY WITH RESPECT TO ANY MATTER CONSIDERED AT ANY MEETING OR HEARING WILL NEED A RECORD OF THE PROCEEDINGS AND MAY NEED TO ASSURE THAT A VERBATIM RECORD OF THE PROCEEDINGS IS MADE UPON WHICH THE APPEAL IS TO BE BASED.

Housing Finance Authority Meeting Schedule - 2016

The Housing Finance Authority of Pasco County is scheduled to have meetings on the following dates. All interested parties are encouraged to attend.

  • August 4, 2016
  • September 1, 2016
  • October 6, 2016
  • November 3, 2016
  • December 1, 2016

All meetings will be held at 9:00 AM at the West Pasco Government Center, 8731 Citizens Drive, 1st Floor Board Room, New Port Richey, Florida 34654.

For more information regarding the Housing Finance Authority meetings, please contact George Romagnoli or Michelle Miller at (727) 834-3445.

Housing Finance Authority Board Meeting – August 4, 2016

There will be a Housing Finance Authority Board Meeting on August 4, 2016 beginning at 9:00 AM at the West Pasco Government Center, 1st Floor Board Room, 8731 Citizens Drive, New Port Richey, FL 34654.

The following items will be considered at that time:

  1. Evaluation Committee Recommendation – Financial Advisor
  2. Proposed Clarification on Pasco County Housing Finance Authority Policies and Procedures
  3. Consideration of Resolution Authorizing the Issuance of Series 2016 Bonds – Regency Palms Apartments; Authorization for Chair to execute the Final Documents

All interested parties are encouraged to attend said public meeting and be heard.

If you are a person with a disability who needs any accommodation in order to participate in this proceeding, you are entitled, at no cost to you, to the provision of certain assistance. Within two (2) working days of your receipt of this notice, please contact the Consumer Affairs Section, West Pasco Government Center, 7530 Little Road, New Port Richey, Florida at 727-847-8110 (V) in New Port Richey; 352-521-4274, extension 8110 (V) in Dade City; and 800-955-8771 if you are hearing impaired.

ANY PERSON DESIRING TO APPEAL ANY DECISION MADE BY THE HOUSING FINANCE AUTHORITY OF PASCO COUNTY WITH RESPECT TO ANY MATTER CONSIDERED AT ANY MEETING OR HEARING WILL NEED A RECORD OF THE PROCEEDINGS AND MAY NEED TO ASSURE THAT A VERBATIM RECORD OF THE PROCEEDINGS IS MADE UPON WHICH THE APPEAL IS TO BE BASED.

Housing Finance Authority Board Meeting – June 2, 2016

There will be a Housing Finance Authority Board Meeting on June 2, 2016 from 9:00 AM – 11:00 AM at the West Pasco Government Center, 1st Floor Board Room, 8731 Citizens Drive, New Port Richey, FL 34654.

All interested parties are encouraged to attend said public meeting and be heard. If you are a person with a disability who needs any accommodation in order to participate in this proceeding, you are entitled, at no cost to you, to the provision of certain assistance. Within two (2) working days of your receipt of this notice, please contact the Consumer Affairs Section, West Pasco Government Center, 7530 Little Road, New Port Richey, Florida at 727-847-8110 (V) in New Port Richey; 352-521-4274, extension 8110 (V) in Dade City; and 800-955-8771 if you are hearing impaired.

ANY PERSON DESIRING TO APPEAL ANY DECISION MADE BY THE HOUSING FINANCE AUTHORITY OF PASCO COUNTY WITH RESPECT TO ANY MATTER CONSIDERED AT ANY MEETING OR HEARING WILL NEED A RECORD OF THE PROCEEDINGS AND MAY NEED TO ASSURE THAT A VERBATIM RECORD OF THE PROCEEDINGS IS MADE UPON WHICH THE APPEAL IS TO BE BASED.

Housing Finance Authority Board Meeting - May 12, 2016

The Housing Finance Authority of Pasco County will be holding its next board meeting on May 12, 2016, from 8:30 AM - 10:00 AM at the West Pasco Government Center, 1st Floor Board Room, 8731 Citizens Drive, New Port Richey, 34654. All parties interested in the meeting are welcome to attend.

The agenda to the meeting is forthcoming and will be posted when available.

Regency Palms HFA Bond Application

The Regency Palms HFA Bond Application is now available by clicking on the links below.

Section 1

Section 2

Housing Finance Authority Board Meeting - April 27, 2016

There will be a Housing Finance Authority Board Meeting on April 27, 2016 from 1:00 PM - 3:00 PM at the West Pasco Government Center, 1st Floor Board Room, 8731 Citizens Drive, New Port Richey, FL 34654.

All interested parties are encouraged to attend said public meeting and be heard.

If you are a person with a disability who needs any accommodation in order to participate in this proceeding, you are entitled, at no cost to you, to the provision of certain assistance. Within two (2) working days of your receipt of this notice, please contact the Consumer Affairs Section, West Pasco Government Center, 7530 Little Road, New Port Richey, Florida at 727-847-8110 (V) in New Port Richey; 352-521-4274, extension 8110 (V) in Dade City; and 800-955-8771 if you are hearing impaired.

ANY PERSON DESIRING TO APPEAL ANY DECISION MADE BY THE HOUSING FINANCE AUTHORITY OF PASCO COUNTY WITH RESPECT TO ANY MATTER CONSIDERED AT ANY MEETING OR HEARING WILL NEED A RECORD OF THE PROCEEDINGS AND MAY NEED TO ASSURE THAT A VERBATIM RECORD OF THE PROCEEDINGS IS MADE UPON WHICH THE APPEAL IS TO BE BASED.

Housing Finance Authority Board Meeting - March 31, 2016

HOUSING FINANCE AUTHORITY OF PASCO COUNTY, FLORIDA
 BOARD MEETING

Thursday, March 31, 2016

10:00 AM – West Pasco Government Center, Board Room, 8731 Citizens Drive

New Port Richey, Florida 34654

Agenda

  1. Review and approval of updated application for Multi-Family Mortgage Revenue Bond Program
  2. Approval to solicit for the services of a financial advisor - including discussion of using County Purchasing Dept., evaluation committee, Sunshine provisions, etc.
  3. Permission to join Florida Association of Local Housing Finance Authorities
  4. Introduction of Regency Palms rehabilitation project by Developer seeking to apply for Multi-Family Mortgage Revenue Bond financing , and authorization to publish TEFRA notice and hold TEFRA hearing at next HFA board meeting on April 27, 2016 to consider the project
  5. Ratification of authorization for Regency Palms to utilize Seltzer Management as credit underwriter as part of its Multi-Family Mortgage Revenue Bond application
  6. Approval to utilize any of the FHFC approved credit underwriters as credit underwriters by developers participating in the HFA’s Multi-Family Mortgage Revenue Bond Program
  7. Approve minutes from last HFA meeting

All interested parties are encouraged to attend said public meeting and be heard. If you are a person with a disability who needs any accommodation in order to participate in this proceeding, you are entitled, at no cost to you, to the provision of certain assistance. Within two (2) working days of your receipt of this notice, please contact the Consumer Affairs Section, West Pasco Government Center, 7530 Little Road, New Port Richey, Florida at 727-847-8110 (V) in New Port Richey; 352-521-4274, extension 8110 (V) in Dade City; and 800-955-8771 if you are hearing impaired.

ANY PERSON DESIRING TO APPEAL ANY DECISION MADE BY THE HOUSING FINANCE AUTHORITY OF PASCO COUNTY WITH RESPECT TO ANY MATTER CONSIDERED AT ANY MEETING OR HEARING WILL NEED A RECORD OF THE PROCEEDINGS AND MAY NEED TO ASSURE THAT A VERBATIM RECORD OF THE PROCEEDINGS IS MADE UPON WHICH THE APPEAL IS TO BE BASED.

Hudson Estates Bond Application

The Hudson Estates Bond Application is available for review here. Please click on the links below to download the application. Due to the application size, it was broken into two separate sections.

Hudson Estates Application - Section 1

Hudson Estates Application - Section 2

If you have any questions, please contact George Romagnoli, Community Development Director, at (727) 834-3445 or via email.

Housing Finance Authority Board Meeting - January 7, 2016

The next Housing Finance Authority of Pasco County meeting is being held on January 7, 2016, at 10:00 AM, at the West Pasco Government Center, 8731 Citizens Drive, New Port Richey, FL 34652.

Agenda

Meeting Minutes for Approval - November 10, 2015 Meeting

TEFRA Hearing Notice (to be published in the Tampa Tribune December 20, 2015)

Housing Finance Authority Application and Program Guidelines

Housing Finance Authority of Pasco County Application and Program Guidelines for Multi-Family Mortgage Revenue Bonds

HFA Approved January 7, 2016