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CBIRS Request 2518
 
Community Budget Issue Requests - Tracking Id #2518
Affordable Housing Project
 
Requester: V. Eugene Miller Organization: City of Oviedo
 
Project Title: Affordable Housing Project Date Submitted 1/16/2004 2:32:40 PM
 
Sponsors: Posey
 
Statewide Interest:
Provides for eight, single-family housing units for low-income families that meet the HUD standards for down payment assistance. These will be four duplexes, joined by the roofline for those who normally would not be able to qualify for home ownership.
 
Recipient: City of Oviedo   Contact: Gene Miller  
  400 Alexandria Blvd.   Contact Phone: (407) 977-6000  
  Oviedo 32765   Contact email: oviedocm@ci.oviedo.fl.us
 
Counties: Seminole
 
Gov't Entity: Yes Private Organization (Profit/Not for Profit):  
 
Project Description:
Located within the city limits of Oviedo, the Golden Rule Housing and Community Development Corp, Inc. (a 13 year old 501.3C non-profit) owns four building lots on Avenue B. This area is considered the low-income area of the City. Currently, there are not opportunities for low-income families to purchase homes within the City. While the SHIP Program operates in Seminole County, they do not serve the clientele in the same way this program will. It is the intent of the City to assist in providing decent, safe and sanitary housing that is affordable and accessible to the residents of the City. Once the housing is constructed, the families would be selected based on their household income being 80% below the median income according to HUD. Complete backgrounds will be checked to assure, as reasonably as possible, that they will be able to maintain the home. Considering most affordable housing constructed by government entities are "projects", or multiple-family apartments, this focus is to assist disadvantaged citizens to enjoy the pride of homeownership.
 
Is this a water project as described in Chapter 2002-291, Laws of Florida? No
 
Measurable Outcome Anticipated:
By developing and building this prototype, low-income housing venture, it will serve as a demonstration project that can be emulated in other areas of Florida where the need exists. This joint venture project with the City, private developers and lenders will serve as a model to provide housing and related services to very-low and low-income persons.
 
Amount requested from the State for this project this year: $485,400
 
Total cost of the project: $485,400
 
Request has been made to fund: Construction
 
What type of match exists for this project? None
  Cash Amount $  
 
Was this project previously funded by the state?   No
 
Is future-year funding likely to be requested?   No
 
Was this project included in an Agency's Budget Request?   No
 
Was this project included in the Governor's Recommended Budget? No
 
Is there a documented need for this project? Unknown
 
Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)?   No