Agenda Item Name:
Title
Alachua County Local Housing Assistance Plan for SFY 2021-2024
End
Presenter:
Candie Nixon 352-264-6717
Description:
Local Housing Assistance Plan Strategies for SFY 2021-2024 authorizing the use of State Housing Initiatives Program (SHIP)
Recommended Action:
Recommended Action
Adopt Resolution approving SHIP Local Housing Assistance Plan SFY 2021-2024 and authorizing submission of same to the Florida Housing Finance Corporation.
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Prior Board Motions:
None
Fiscal Consideration:
Fiscal Consideration
Exhibit A
Fund 242 Tentative budget - $911,957
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Background:
The William E. Sadowski Affordable Housing Act, Chapter 92-137, Laws of Florida, created the State Housing Initiatives Partnership (SHIP) Act, Section 420.907, Florida Statutes, which authorizes distribution of monies in the Local Government Housing Trust Fund to be distributed to approved counties and eligible municipalities; and encourages local governments to create regional partnerships across jurisdictional boundaries through the pooling of appropriated SHIP Program funds to address homeless housing needs identified in Local Housing Assistance Plans (LHAP).
Each local government receiving SHIP funds must have an adopted LHAP with approved SHIP strategies or submit a new local housing assistance plan. The LHAP is intended to increase the availability of affordable residential units by combining local resources and cost saving measures into a local housing partnership and using public and private funds to reduce the cost of housing. SHIP funds may be leveraged with or used to supplement other Florida Housing Finance Corporation programs and to provide local match to obtain federal housing grants or programs such as the Florida Small Cities Community Development Block Grant.
The LHAP is intended to increase the availability of affordable residential units by combining local resources and cost saving measures into a local housing partnership and using pu...
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