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CR 97-180 Application 4D Property Tax ClassificationOctober 1, 1997 Proposed Action Overview Primary Issues to Consider Supporting Documents o Resolution 97 -100 Re • o est fo pro* / fI iAj4, A Ker en Elverum, ousing Coordinator APPLICATION FOR 4D PROPERTY TAX CLASSIFICATION MONITORING AND INSPECTION SERVICES Staff recommends approval of the following motion : Adopt resolution number 97 -100 authorizing staff to submit an application to the Minnesota Housing Finance Agency (MHFA) to provide monitoring and inspection services for the 4d property tax classification program. With this motion, staff will prepare the application and submit it to MHFA. The State Legislature has developed a new property tax classification called 4d. The new classification replaces the low income rental property classes of 4c and 4d, and reduces these class rates from 2.0% and 1.9% to 1.0 %. The rate change is effective for taxes payable in 1999. The purpose of the new tax classification is to encourage rental property owners to make more housing available to low income residents. To be eligible for the 4d tax classification, the owner must agree to the following: o Units must be occupied by individuals or families whose income is at or below 60% of the median income of the area. o Execute a rent restriction agreement. The agreement subjects the unit to a five -year rent schedule that does not charge rents greater than 30% of 60% of the median area income. o The unit must meet minimum housing standards. o The owner must make 20% of the 4d units available to Section 8 recipients. The Minnesota Housing Finance Agency is responsible for the overall administration of this program but have issued a request for proposals for the monitoring and inspection services related to 4d. The monitoring entity will receive $15 for each housing unit "pledged" under the 4d program. The inspection fee will be negotiated between MHFA and the service provider. Applications are due to MHFA by October 15, 1997. If selected, the City would be asked to sign a three -year contract. o How will the monitoring and inspection services be administered? o What are the benefits of administering the program? Council Rpt #97 -180 4d Tax Classification Council Rpt. 97 -180 Page 2 Analysis of the Issues o How will the monitoring and inspection services be administered? Monitoring Services Each year the monitoring entity will be required to make a site visit at 25% of the developments which have pledged units under the 4d classification. During the site visit, the monitor must determine overall compliance with the 4d requirements and must complete a more detailed file review of 20% of the pledged units within the development. It is proposed that the monitoring services be administered by the Public Housing Manager and the Housing Coordinator as their work schedule permits. These positions require similar monitoring activities and as a result these staff members are experienced in providing these services. The City does have the option of subcontracting the work if the time demands become too great. This may be the case if a large number of condominium and single- family rental units apply for 4d status. Inspection Services The inspection services involve inspecting the 4d properties on a three year rotation. Because the inspections required under the rental registration program will suffice for the purposes of class 4d, the inspections will be combined and completed by the City's Housing Inspector. However, there will be inspections required that would normally not be completed under the rental registration program, such as condominium inspections. For these inspections, the owner would be charged an additional fee. As with the monitoring services, if a significant number of condominium and single family properties apply for the 4d status, it may be necessary to hire subcontractors or part-time inspectors to complete all necessary inspections. The fees collected would cover this cost. o What are the benefits of administering the program? The benefits of providing the monitoring services are largely financial. While it is uncertain how many units will be certified under the 4D classification, MHFA will pay the monitoring entity $15 per unit pledged per year. If 50% of the rental properties participated the annual monitoring fee would be approximately $41,000; with only 10% participation the fee would be $8,250. MHFA is reserving the right to renegotiate this fee after one year. There are several benefits of administering the inspection services including: o combine rental registration inspections with 4D inspections avoiding duplication o ability to enforce our housing maintenance code rather than having an outside agency enforce our code o additional revenue to support inspection program 4d Tax Classification Council Rpt. 97 -180 Page 3 Due to very short notice of the request for proposals, staff has not been able to fully work through how the inspections fees will be charged. However, if the details cannot be negotiated to the benefit of the City, the Council would have the option of not entering into the contract with MFIFA. Alternatives The City Council has the following alternatives regarding this issue: o Elect to submit an application for the 4D property tax classification monitoring and inspection services. o Elect to submit an application for only one of the services. o Elect not to apply for the monitoring and inspection services. In this case, the services will be provided in Hopkins by another entity. ATTEST: Terry Obermaier, City Clerk CITY OF HOPKINS Hennepin County, Minnesota RESOLUTION NO. 97 -100 AUTHORIZING APPLICATION FOR THE 4D PROPERTY TAX CLASSIFICATION MONITORING AND INSPECTION SERVICES WHEREAS, the State Legislature has developed a new property tax classification known as 4d, and WHEREAS, the Minnesota Housing Finance Agency is responsible for certifying eligible properties for the 4d tax classification, and WHEREAS, the Minnesota Housing Finance Agency has issued a request for proposals for the monitoring and inspection services relating to the 4d classification, and WHEREAS, the City of Hopkins believes that the City can best provide these services and is interested in applying for the provision of monitoring and inspections services. NOW THEREFORE BE IT RESOLVED, that the City Council of the City of Hopkins hereby authorizes staff to prepare and submit an application to the Minnesota Housing Finance Agency to provide monitoring and inspection services for the 4d property tax classification program. Adopted by the City Council of the City of Hopkins this 7th day of October, 1997. By Charles D. Redepenning, Mayor 4d Property Tax Classification Monitoring and Inspection Services The Minnesota Housing Finance Agency (MHFA) is pleased to announce that it is accepting applications for the monitoring and /or inspection services related to the new 4d property tax rate created by the 1997 Legislature. The new class rate, which effectively reduces the level of property taxes payable, was adopted by the Legislature in May, 1997, and takes effect in January, 1998. The MHFA has been designated as the responsible State Agency to create, review and monitor the process associated with receiving the lower tax rate. The purpose of this request for applications is to create a network of monitoring and inspection entities to ensure the entire state has coverage and is able to receive the new tax rate. These designated entities will be solely responsible for providing monitoring and inspection services. Property owners will request the new tax rate by application to MHFA in January and February of each year. Property owners will submit an application fee equal to $25 /development and a monitoring fee equal to $15 /pledged unit/year at the time of application. The monitoring entity will receive the $15 /pledged unit/year directly from the MHFA once a year based on the number of units applying for the new tax class rate. The inspection entity will create and collect fees separately for inspection services. The enclosed Description of Services will briefly describe the requirements of the program and the monitor /inspector's responsibility. If your organization is interested in providing monitoring and /or inspection services, please complete the enclosed Application and return to the attention of John Ward at MHFA. Applicants will indicate the area in which they would deliver the services. Priority will be given to those monitoring and /or inspection entities efficiently serving the largest areas. In the case of inspection services, entities currently enforcing rental housing maintenance standards will be given priority. The inspection entity will have to include their fees and justify those costs. This is a bidding process and, with all contracts, price and area are negotiable. The application will be due at the MHFA office no later than 4:00 P.M. on Wednesday, October 15, 1997, or postmarked by that same date. If you have any questions, please call John Ward at (612) 296 -9802. We look forward to hearing from you. Enclosure Monitoring Services: Description of Services 4d Property Tax Classification Monitoring and Inspection Services Applicant must describe the proposed area to be served. MHFA may require the monitoring entity take on additional areas if they are in the closest proximity to an area that will not be served through the application process. Monitoring entities will be paid $15 /pledged unit/year in their designated area. These funds are to be used to support the expense of the monitoring. The monitoring entity may commit to providing the service on their own or may commit to using subcontractors or any combination thereof. If subcontractors are used, they must be identified in the application and their qualifications must be included. Additionally, the response to the application must include the proposed terms of the agreement with all subcontractors. The following is a list of responsibilities to be carried out by the monitoring entity: Determination of property eligibility in regard to rent, income, inspection, recording and marketing requirements of units for Section 8. Site inspections to review files. Reviews will take place on 25% of the properties as chosen by MHFA in the monitoring entity's designated area each year. File review will consist of 20% of the property's 4d files unless additional review is needed based on initial 20% review. Correspondence with owner and MHFA regarding completion of site visit and any non - compliance issues. Determination of inadvertent non- compliance compared to willful non - compliance. Determine and recommend to MHFA where abatement of penalties and corrections by owners are allowable. Contract with MHFA will be required and will be in effect for three (3) years from the date of the agreement or upon termination by MHFA. Must have demonstrated experience in the monitoring of federal and /or state low and moderate income multifamily housing programs. Monitoring of developments currently under monitor's ownership /management is prohibited. Provide a breakdown of costs for providing services through the end of the first year. • Determine and recommend to MHFA where abatements of penalties and corrections by owners are allowable. Inspection Services: Applicant must describe the proposed area to be served. MHFA may require the inspection entity take on additional areas if they are in the closest proximity to an area that will not be served through the application process. Inspection entities will certify in the application what their expenses will be and will state the fees to be charged to an owner. These funds are to be used exclusively to support the expense of the inspection. The inspection entity may commit to providing the service on their own or may commit to using subcontractors or any combination thereof. If subcontractors are used, they must be identified in the application and their qualifications must be included. Additionally, the response to the application must include the proposed terms of the agreement with all subcontractors. The following is a list of responsibilities to be carried out by the inspection entity: Conduct on -site, physical inspections to determine the level of upkeep and maintenance on the class 4d property and follow up as necessary. • Inspectors must apply local rental housing maintenance standards, or where absent, must apply Housing Quality Standards (HQS) of the Section 8 Program. Inspections must be completed in a timely manner after request is made by an owner. Correspondence with owner and MHFA regarding completion of site visit and any non - compliance issues. • Contract with MHFA will be required and will be in effect for three (3) years from the date of the agreement or upon termination by MHFA. Must have demonstrated experience in the inspection of low and moderate income multifamily housing. Inspection of developments currently under inspector's ownership and /or management is prohibited. In certain cities, there is currently in place an inspection related to the licensing of rental properties. This inspection will suffice for the purposes of class 4d. Additionally, certain cities may not have a licensing criteria, but do have housing maintenance standards. In those cases, local housing maintenance standards will apply. MHFA intends to use local standards and inspectors where possible. In cases where no local housing maintenance standards apply, the Section 8 Housing Quality Standards (HQS) will be used. The inspections already required for the tax credit and project based section 8 properties will suffice for the purposes of class 4d, provided, an inspection takes place at least once every three years. MHFA first mortgage financed developments already receive an annual inspection and do not need to be inspected for the purposes of class 4d. The inspecting entity applying cannot claim fees for those properties described above. The applicant must have or be able to obtain authority to do business in the areas being bid in the application. When an applicant is a local unit of government and is proposing to provide services outside their service area, a resolution from the governing authority of the area to be served is required. The applicant can make application to be both the monitoring entity and the inspection entity. MINNESOTA 4D PROPERTY TAX CLASSIFICATION HOUSING FINANCE AGENCY I. APPLICANT (name of organization and addressl 11. APPLICANT INFORMATION Clearly describe the geographical area in which you will provide service. (Example: "All of Mower County except the City of Austin "). III. COST OF SERVICES Application for Monitoring and Inspection Services Applicants for inspection services are asked to submit to the Minnesota Housing Finance Agency (MHFA), in outline form, the costs they will expect to charge property owners to provide inspection services. Please use the space provided below. Note: Applicants for monitoring services will be paid $15 /pledged unit /year. Payment will be made directly by MHFA to monitoring entity once a year based on the number of units requiring monitoring. MHFA will ask monitors to maintain records of costs to be forwarded to MHFA at year end. 4d Property Tax Classification 9/97 Application for Monitoring and Inspection Services 1 IV. MONITORING AND INSPECTION CAPABILITIES A. Indicate your organization's direct experience in and involvement with monitoring and inspection of multifamily housing in the last years: (1) Section 8 Administration (2) Title 11 Tax Monitoring (3) Section 42, Tax Credit Monitoring (4) Housing Quality Standards (HQS) Inspections (5) Other Housing Maintenance Inspections (6) No Prior Experience (7) Other (explain) B. List all staff who will be directly involved with the monitoring and /or inspections: Responsibility Name Years Phone # Exper fence General Administration Monitoring Site Visits and File Review Physical Inspection Licensing Physical Inspection Hsg. Maint. Standards Physical Inspection Hsg. Quality Standards Other (specify) 4d Property Tax Classification 9/97 Application for Monitoring and Inspection Services 2 • V. SUBCONTRACTING: Does your organization intend to subcontract any portion of the work? Yes No If your organization intends to subcontract any portion of the monitoring and /or inspection services, submit with this application, copies of any subcontracts that your agency will execute for the services related to the new 4d Property Tax Classification. The subcontracts must include all terms and fees for services. All subcontractors must be approved by MHFA prior to their execution. Indicate below the entities with which your organization will subcontract, the tasks these entities will perform and the geographic areas that will be covered by each entity. Attach to the application the subcontractor's qualifications relating to services provided to multifamily rental housing. VI. CURRENT PROPERTY INVOLVEMENT List, in the space below, the properties in which your entity has ownership and /or management responsibilities. It is prohibited to provide services to those properties. In such cases, MHFA will provide the monitoring and inspection services. VII. AFFIRMATIVE ACTION Property Name Address, City Agencies other than units of local government must submit a copy of their Certificate of Compliance or a notarized letter indicating that the local monitoring and /or inspecting entity had no more than 20 full -time employees at any time within the previous 12 months. 4d Property Tax Classification Application for Monitoring and Inspection S rvices 3 9/97 VIII. COUNTY BOARD /CITY COUNCIL /CORPORATE RESOLUTION (If applicable) Attach a Resolution Authorizing Application for participation with the monitoring and /or inspection of the new 4d property tax classification. The Resolution must be executed by the appropriate governing authority. If the resolution(s) is not available at the time the application is submitted to MHFA, selection as a monitor and /or inspector may be contingent on obtaining the resolution(s). IX. SUBMISSION This application is approved and submitted by: Authorized Representative of Applying Title Entity (print) 4d Property Tax Classification Application for Monitoring and Inspection Services Signature Date NOTE: This application will be incorporated by reference as a contractual document. In this respect it will be used as a basis for monitoring and evaluating performance. While additional documentation may be attached, no alternative application forms will be accepted. 9/97