Franklink Park Application Package 6-2015
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FRANKLIN PARK ESTATES APPLICATION AND INFORMATION The Housing Finance Authority of Broward County (HFA) in partnership with Broward County Housing Finance and Community Development (HFCDD) is proud to be financing the construction of eighteen new homes in the unincorporated neighborhood of Franklin Park Estates. The attractive and energy-efficient three-bedroom/two-car garage homes will enhance the single-family residential character of this community. HFA funding is supplemented by a Disaster Recovery Initiative (DRI) grant from the U.S. Department of Housing and Urban Development (HUD) through the Florida Department of Economic Opportunity (DEO) and funds from Broward County. Additionally, the County’s Housing Finance and Community Development Division will assist qualified income-eligible homebuyers 1 . Prices are expected to range from $155,000 to $165,000 depending on model and appraisal 2 . Buyers will be selected by lottery from eligible income-qualified applications. Applications are available online at www.broward.org/housing or at the Housing Finance & Community Development Division offices located at 110 N.E. 3 rd Street, 3 rd floor, Fort Lauderdale Florida 33301 between the hours of 8:30 a.m. and 5:00 p.m. Applications will be accepted starting Wednesday, July 1, 2015, through Friday, July 31, 2015, between the hours of 8:30 AM to 5:00 p.m. Applications will not be accepted before July 1, 2015. Applications that are not completed correctly and/or missing any of the application requirements will not be accepted. 1 The County may be able to assist homebuyers with down payment and closing costs. The assistance will vary depending upon buyer’s income and programs available at time of sale. 2 Prices of individual homes are subject to change.
Transcript of Franklink Park Application Package 6-2015
FRANKLIN PARK ESTATES
APPLICATION AND INFORMATION
The Housing Finance Authority of Broward County (HFA) in partnership with Broward County Housing Finance and Community Development (HFCDD) is proud to be financing the construction of eighteen new homes in the unincorporated neighborhood of Franklin Park Estates. The attractive and energy-efficient three-bedroom/two-car garage homes will enhance the single-family residential character of this community. HFA funding is supplemented by a Disaster Recovery Initiative (DRI) grant from the U.S. Department of Housing and Urban Development (HUD) through the Florida Department of Economic Opportunity (DEO) and funds from Broward County. Additionally, the County’s Housing Finance and Community Development Division will assist qualified income-eligible homebuyers1. Prices are expected to range from $155,000 to $165,000 depending on model and appraisal2. Buyers will be selected by lottery from eligible income-qualified applications.
Applications are available online at www.broward.org/housing or at the Housing Finance & Community Development Division offices located at 110 N.E. 3rd Street, 3rd floor, Fort Lauderdale Florida 33301 between the hours of 8:30 a.m. and 5:00 p.m.
Applications will be accepted starting Wednesday, July 1, 2015, through Friday, July 31, 2015,
between the hours of 8:30 AM to 5:00 p.m. Applications will not be accepted before July 1, 2015.
Applications that are not completed correctly and/or missing any of the application requirements will not be accepted.
1 The County may be able to assist homebuyers with down payment and closing costs. The assistance will vary depending upon buyer’s income and programs available at time of sale. 2 Prices of individual homes are subject to change.
ELIGIBILITY AND APPLICATION REQUIREMENTS
TO BE ELIGIBLE TO PURCHASE, AN APPLICANT MUST BE:
A first-time homebuyer or a buyer who has not owned a home as primary residence in three years.
Income-eligible. Approximately eight homes will be sold to households whose incomes are 80% or below
the average median income (AMI) and approximately ten homes to households whose incomes are
between 80% and 140% of the AMI3 (See Income Chart Attached).
Able to provide down payment/closing costs of at least 3% of the purchase price.
Able to secure a first mortgage in an amount sufficient to purchase with the available first-time
homebuyer program assistance provided by the County.
TO APPLY TO PURCHASE A HOME, APPLICANTS MUST SUBMIT EACH OF THE FOLLOWING (APPLICATION REQUIREMENTS):
A fully-completed signed application form.
A signed Authorization to Release Information to Broward County form.
A First-time Homebuyer Education Certificate (see HUD Approved Counseling Agencies list)
A pre-approval or pre-qualification letter from a lender documenting that the lender has reviewed
applicant’s credit and income. (See attached Broward County list of participating lenders; however, the
applicant may choose any lender that abides by the County’s guidelines.)
3 The number of units to be sold to homebuyers in distinct income categories is subject to change.
FRANKLIN PARK ESTATES
APPLICATION
APPLICANT
Name: ______________________________________________________________________________
Social Security No: ______________________________ Date of Birth: __________________________
Street Address: _________________________City/State/Zip: __________________________________
Phone Number: _____________________________ Email Address: ____________________________
CO-APPLICANT Name: ______________________________________________________________________________
Social Security No: ______________________________ Date of Birth: __________________________
Street Address: _________________________City/State/Zip: __________________________________
Phone Number: _____________________________ Email Address: ____________________________
OTHER HOUSEHOLD MEMBERS AND/OR DEPENDENTS
Name: _____________________________Date of Birth: ____________Relationship: _______________
Name: _____________________________Date of Birth: ____________Relationship: _______________
Name: _____________________________Date of Birth: ____________Relationship: _______________
Name: _____________________________Date of Birth: ____________Relationship: _______________
INCOME AND EMPLOYMENT
Applicant’s Employer: _________________________________________________________________
Employer Address: ____________________City, State, Zip:___________________________________
Telephone Number: _____________ Pay Rate: _______Pay Frequency: _________________________
Annual Income (gross salary, overtime tips, bonuses, etc.): ___________________________________
Co-Applicant’s Employer: ______________________________________________________________
Employer Address: ____________________City, State, Zip:___________________________________
Telephone Number: _____________ Pay Rate: _______Pay Frequency: _________________________
Annual Income (gross salary, overtime tips, bonuses, etc.): ___________________________________
Other Household Member’s Employer: __________________________________________________
Employer Address: ____________________City, State, Zip:___________________________________
Telephone Number: _____________ Pay Rate: _______Pay Frequency: _________________________
Annual Income (gross salary, overtime tips, bonuses, etc.): ___________________________________
Please list most current MONTHLY income for household members, except dependent minors:
INCOME SOURCE APPLICANT CO-APPLICANT OTHER TOTAL
Wages, Salaries
SS/SSI
Unemployment/Other
Retirement/Pension
Public Assistance
Rental Income
Interest/Dividends
Child Support Payments/Alimony
Disability
TOTAL MONTHLY INCOME
ASSETS
Please list all household checking and savings accounts, along with account numbers and amounts in each account.
□ Checking □ Savings: #_________________Bank:____________________________ Amount: $_____________ □ Checking □ Savings: #_________________Bank:____________________________ Amount: $_____________ □ Checking □ Savings: #_________________Bank:____________________________ Amount: $_____________ □ Checking □ Savings: #_________________Bank:____________________________ Amount: $_____________ Other Assets:
Describe: _______________________________________________________________ Value: $_____________ Describe: _______________________________________________________________ Value: $_____________ Describe: _______________________________________________________________ Value: $_____________ Describe: _______________________________________________________________ Value: $_____________
Please respond to the following questions:
Applicant Co-Applicant
Yes No N/A Yes No N/A
1. Do you receive child support? □ □ □ □ □ □
2. Is the child support court ordered? □ □ □ □ □ □
3. Is the child support court ordered? □ □ □ □ □ □
4. Do you have part-time or seasonal employment? □ □ □ □ □ □
5. Do you have income from self-employment? □ □ □ □ □ □
6. Do you have a retirement account? □ □ □ □ □ □
7. Have you disclosed all income and all assets on this application? □ □ □ □ □ □
8. Do you receive regular cash contributions or gifts? □ □ □ □ □ □
9. Do you own any real estate? □ □ □ □ □ □
If yes, location/address: _______________________________
10. Are you married? □ □ □ □ □ □ Spouse’s name: ______________________________________
11. Are you divorced? □ □ □ □ □ □ Former spouse’s name: ________________________________
12. Do you receive alimony? □ □ □ □ □ □
Applicant signature: ___________________________________________ Date: ____________
Print Name: _____________________________________
Co-Applicant signature: ________________________________________ Date: ____________ Print Name: _____________________________________
BROWARD COUNTY INCOME CATEGORY CHART FRANKLIN PARK
Broward County Median Income: $63,300 State Income Limits Posted 3/16/2015
Household Extremely Very Low Low Moderate SHIP
Size Low (30%) (50%) (80%) (120%) (140%)
1 $ 14,550 $ 24,200 $ 38,750 $ 58,080 $ 67,700
2 $ 16,600 $ 27,650 $ 44,250 $ 66,360 $ 77,420
3 $ 20,090 $ 31,100 $ 49,800 $ 74,650 $ 87,080
4 $ 24,250 $ 34,550 $ 55,300 $ 82,920 $ 96,740
5 $ 28,410 $ 37,350 $ 59,750 $ 89,640 $ 104,580
6 $ 32,570 $ 40,100 $ 64,150 $ 96,240 $ 112,280
7 $ 36,730 $ 42,850 $ 68,600 $ 102,840 $ 119,980
8 $ 40,890 $ 45,650 $ 73,000 $ 109,560 $ 127,820
9 $ 48,370 $ 77,392 $ 116,088 $ 135,436
10 $ 51,134 $ 81,814 $ 122,722 $ 143,175
SALES PRICE CANNOT EXCEED THE FOLLOWING:
New Construction: $386,202
Existing: $386,202
Environmental Protection and Growth Management Department HOUSING FINANCE & COMMUNITY DEVELOPMENT DIVISION
110 NE 3rd Street, 3rd Floor • Fort Lauderdale, Florida 33301 • Phone: (954) 357-4900 • Fax: (954) 357-8228
AUTHORIZATION TO RELEASE INFORMATION TO BROWARD COUNTY FOR THE PURPOSE OF VERIFYING DATA FOR HOUSING ASSISTANCE
The applicant understands that the intent of this application is only for purposes of certifying him/her; it does not guarantee acceptance or approval, and no commitment is hereby made on the part of any party.
Any intentionally false or fraudulent statements or supporting documents can constitute cancellation of my/our application. Broward County or its designated agents is hereby authorized to verify any of the above information. I/We agree to have no claim for defamation, violation of privacy, or other claims against any person, firm, or corporation by reason of any statement or information released by them to the County.
PENALTY FOR FALSE OR FRAUDULENT STATEMENT: U.S.C. Title 18, Sec. 1001, provides: “Whoever, in any matter within the jurisdiction of any department or agency of the United States knowingly and willfully falsifies… or make false, fictitious or fraudulent statement or entry, shall be fined not more than $10,000.00 or imprisoned not more than five years, or both.”
SUBORDINATION POLICY If I/we choose to refinance my/our home while I/we have a mortgage held by Broward County, Florida, the following conditions must be met in order for the subordination to be considered:
1. No cash out to homeowner or payment of debt other than primary mortgage. 2. Homeowner must retain at least 10% equity. 3. Broward County, Florida must stay in second lien position.
My/our signature below indicates that I/we am/are obligated to advise the HOME/CDBG Program Administrator of all changes in my/our income and household size. A change in income or household size may disqualify me/us to receive HOME/CDBG services. Applicant signature: ___________________________________________ Date: ____________ Print Name: _____________________________________ Co-Applicant signature: _________________________________________ Date: ___________ Print Name: _____________________________________
FRANKLIN PARK ESTATES MODELS, AMENITIES AND CHARACTERISTICS
MODELS
Each model includes an enclosed two-car garage, three bedrooms, covered entrance portico, separate living room and dining room (or one great room). All have energy and water-saving features, Energy Star appliances, and low emissive (LE) hurricane-impact doors and windows. There are six of each model, all with the amenities and characteristics listed below.
Model I: 3-bedroom, 2-bath, 2-car garage.
Living – A/C area: 1,500 square feet Total Residence: 2,220 square feet
Model II: 3-bedroom, 2-bath, 2-car garage.
Living – A/C area: 1,650 square feet Total Residence: 2,346 square feet
Model III: 3-bedroom, 2-bath, 2-car garage.
Living – A/C area: 1,505 square feet Total Residence: 1,990 square feet
AMENITIES AND CHARACTERISTICS
INTERIOR
Two full bathrooms with tub/showers, sink, toilet, tiled floors (one bathroom includes tub)
Water-efficient toilets, showers, and EPA WaterSense faucets and fixtures
Central air conditioning system with a minimum SEER rating of 16 Insulation (R30 or better/effective Energy Star)
Hot water heater (tank Energy Star Rated)
Double kitchen sink, WaterSense plumbing fixtures
Eco-friendly wood kitchen cabinets, granite countertop or equal quality
Interior energy-efficient light fixtures
Ceramic tile in foyer, hallways, kitchen, living area, baths. Carpet in bedrooms
Appliances: Washer, dryer, dishwasher, self-cleaning range, range hood, garbage disposal, refrigerator with ice-maker and water line. (Energy Star)
Ceiling fans in all bedrooms and living room (Energy Star)
Wiring for alarm system, cable, phones and smoke detectors
Window treatments
EXTERIOR
Hurricane/impact rated garage door and automatic garage door opener
Hurricane/impact rated exterior doors
Hurricane/impact energy efficient low emissive (LE) windows
Automated in-ground sprinkler system with water conserving techniques and irrigation
Sustainable landscaping
Concrete driveway
Dimensional-shingle roof with High SRI (solar reflexive index)
Five-feet-wide concrete sidewalks
Concrete block and stucco construction
Underground utilities
On-street individual mailboxes consistent with neighborhood design
Front and rear electric outlets, motion-detector outdoor lighting on driveway and backyard, switch-operated lighting at all exterior doors, and front and rear hose bibs
Six-foot high privacy PVC fencing on rear and side yards (except behind buffer wall).
BUFFER WALL
An attractive eight-foot high entrance wall made of pre-cast concrete will be constructed along the south side of Sunrise Boulevard and east side of Northwest 27th Avenue. The landscaped wall, approximately 1,060 feet long, will be a safety and sound buffer for the new homes as well as a distinctive marker for the neighborhood with two handsome entrance signs designating “Franklin Park”. One sign will be integrated into the wall, the other will be free standing.
Franklin Park Estates Lots Map
FRANKLIN PARK ESTATES
Lots, Addresses and Models
3 bed/2bath Homes
Lot 1: 2688 Franklin Park Dr. Model I
Lot 2: 2694 Franklin Drive Model III
Lot 3: 2677 NW 9th Street Model II
Lot 4: 2671 NW 9th Street Model I
Lot 5: 2667 NW 9th Street Model III
Lot 6: 2661 NW 9th Street Model II
Lot 7: 2657 NW 9th Street Model I
Lot 8: 2651 NW 9th Street Model III
Lot 9: 2647 NW 9th Street Model II
Lot 10: 2641 NW 9th Street Model IV
Lot 11: 2637 NW 9th Street Model I
Lot 12: 2651 NW 9th Street Model II
Lot 13: 2611 NW 9th Street Model III
Lot 14: 2601 NW 9th Street Model I
Lot 15: 2571 NW 9th Street Model II
Lot 16: 2561 NW 9th Street Model III
Lot 17: 2551 NW 9th Street Model I
Lot 18: 2419 NW Franklin Dr. Model II
CERTIFIED HUD APPROVED HOUSING COUNSELING AGENCIES The following are U.S. Housing And Urban Development (HUD) approved counseling agencies that are located in Broward County. HUD Housing Counseling and
Referral Line is (800) 569-4287. Visit HUD's website at www.hud.gov to access agencies in other areas.
AGENCIES ADDRESS PHONE/FAX EMAIL/WEBSITE LANGUAGES
Broward County Housing Authority 4780 North State Road 7 Lauderdale Lakes, FL 33319
(P) 954-497-4583
(F) 954-497-3726
Email: [email protected] Website: bchafl.org
English, Spanish, Creole
Crisis Housing Solutions, Inc. 4700 SW 64th Avenue, Suite C Davie, Florida 33314
(P) 954-587-0160 (F) 954-587-0170
Email: [email protected] Website: crisishousingsolutions.org
Creole, English, French, Spanish
Debt Management Credit Counseling Corp.
3310 N. Federal Highway Lighthouse Point, FL 33064
(P) 954-418-1466 (F) 954-414-9339
Email: [email protected] Website: dmcccorp.org
English, Spanish, Creole
Deerfield Beach Housing Authority 533 S. Dixie Highway Deerfield Beach, FL 33441
(P) 954-425-8449 (F) 954-425-8450
Email: [email protected] Website: dbhaonline.org
English, Spanish, Creole
Dream Home Organization, Inc. 7390 N.W. 5th Street, Suite 4 Plantation, FL 33317
(P) 954-474-4884
(F) 954-474-4579
Email: [email protected] Website: dreamhomeorganization.org
Creole, English, French, Portuguese, Spanish
Oasis of HOPE, CDC 50 NE 1st Street Pompano Beach, FL 33060 (P) 954-586-1283 Website: OasisOfHopeCDC.org English, Spanish
Housing Foundation of America 2400 N. University Drive, Suite 200 Pembroke Pines, FL 33024
(P) 954-923-5001 (F) 954-924-1225
Email: [email protected] Website: mortgagegrants.com
English, Spanish
Neighborhood Housing Services of South Florida, Inc.
2800 W. Oakwood Park Blvd, Suite 301 Fort Lauderdale, FL 33311
(P) 954-564-4037 (F) 305-751-2228
Email: [email protected] Website: nhssf.org
English, Spanish, Creole
New Visions Community Development Corporation
1004 NW 1st Street, Suite 3 Fort Lauderdale, FL 33311
(P) 954-768-0262
(F) 954-768-0964
Email: [email protected] Website: mountbm.org
English, French
Urban League of Broward County 560 NW 27th Avenue Fort Lauderdale, FL 33311
560 NW 27th Avenue Fort Lauderdale, FL 33311
(P) 954-584-0777 (F) 754-200-5750
Website: ulbroward.org
Creole, English, Spanish
Broward County Participating Lender List
BB&T Bank 1999 University Drive, Suite #101 Coral Springs, FL 33071 Contact: Cathy Albamonte Phone: 954-753-7714 Fax: 954-753-7703 Email: [email protected] Chase 13450 W. Sunrise Boulevard, Suite 250 Sunrise, FL 33323 Contact: Devon Stubbs-NMLS ID 257460 Phone: 954-399-0027 Fax: 855-328-9515 Email: [email protected] Florida Community Bank 2500 Weston Road, Suite #300 Weston, FL 33331 Contact: Robin Holley Phone: 954-984-3314 Fax: 954-861-4589 Email: [email protected] Gibraltar Private Bank and Trust 220 Alhambra Circle, 5th floor Coral Gables, FL 33134 Contact: Juan E. Rojas Phone: 305-476-5545 Fax: 305-447-6250 Email: [email protected]
HSBC Bank USA 1291 South Pompano Parkway Pompano Beach, FL 33069 Contact: Edith W. Bynes Phone: 954-218-0643 Fax: 954-903-7631 Email: [email protected] New Penn Financial 7501 Wiles Road, Suite 204 Coral Springs, FL 33067 Contact: Veronica Sylvester Phone: 954-240-0140 Fax: 610-629-6861 Email: [email protected] Sun Trust Mortgage 12396 West Sunrise Boulevard Sunrise, FL 33324 Contact: Monica Coward NMLSR#659587 Phone: 954-471-3043 Fax: 954-382-3337 Email: [email protected]
