CITY OF ORLANDO
COUNCIL AGENDA ITEM


Items Types:
Housing
For Meeting of:
June 19, 2017
District: 5 From:
Contract ID: Document Number:
Exhibits: Yes On File (City Clerk) : Yes Draft Only: No
Grant Received by City?: No

Subject:
Amendment to HOME program agreement between the City of Orlando and Habitat for Humanity of Greater Orlando, Inc.

Summary:

On June 20, 2016, the City and Habitat entered into a HOME Program Agreement whereby the City agreed to loan the sum of Six-Hundred Eighty-Seven Thousand Three Hundred Ninety-Five Dollars and No 00/100 ($687,395.00) in HOME funds to Habitat to construct sixteen (16) homes in the Butler’s Preserve subdivision.

In proceeding through the construction and sales process, Habitat has encountered some small changes that need to be made to the HOME Program Agreement.  Habitat anticipated needing fifteen (15) 3 bedroom/1 bath units and one (1) 5 bedroom/2 bath unit. The 5 bedroom/2 bath unit is being replaced with a handicap-accessible 2 bedroom/1 bath unit. Additionally, some HOME-assisted units have required different modifications than others, and likewise, the amount of HOME subsidy in each unit varies to some extent between the HOME-assisted units.

Staff is requesting authorization to amend the agreement to reflect the unit change above and to reflect that the amount per unit of $42,481.00 is approximate depending on the ultimate construction costs of each Home-assisted unit. The total amount of the loan has not changed.


Fiscal & Efficiency Data: There is no fiscal impact as the total amount of the loan has not changed.

Recommended Action:

Approve and authorize the Mayor and City Clerk to execute the amended agreement with Habitat for Humanity of Greater Orlando, Inc. subject to review and approval by the City Attorney's Office.



Agenda Item attachment(s) on file in the City Clerks Office.

Note: All agenda items must be in the City Clerk's office by Noon Friday, six(6) business days prior to the regular Monday City Council meeting.

Contact: Oren Henry, Director
Approved By:

Department Date and Time
Budget Outside Routing Approval 6/9/2017 1:01 PM
City Clerk 6/9/2017 1:48 PM

ATTACHMENTS:
Name: Description: Type:
160620_Habitat_Butler_s_Preserve_HOME_Agreement.pdf Habitat for Humanity Butler's Preserve HOME Agreement Backup Material
First_Amendment_Habitat_for_Humanity__6-12-2017.pdf First Amendment to HOME Agreement with Habitat for Humanity Backup Material

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