Agenda Item Name:
Title
Alachua County (Amended) Local Housing Assistance PlanEnd
Presenter:
Claudia Tuck, (352) 264-6704
Stephen Weeks, (352) 337-6285
Description:
Local Housing Assistance Plan (LHAP) governs the local use of State Housing Initiatives Partnership (SHIP) funds.
Recommended Action:
Recommended Action
Approve SHIP Local Housing Assistance Plan (LHAP) 2021-2023, amended as presented, and authorize submission of the same to the State
End
Prior Board Motions:
The Board of County Commissioners approved the Alachua County Local Housing Assistance Plan SFY 2021-2024 on September 14, 2021
Fiscal Consideration:
Fiscal Consideration
None
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Strategic Guide:
Strategic Guide
Housing
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Background:
This proposed technical amendment to LHAP restructures the payment methodology in regard to Owner Occupied Rehabilitation and Down Payment Strategies. The loans will be forgiven at the end of the loan term subject to meeting the loan criteria. An additional revision included pertains to the elimination of the 5-year hold prohibiting reapplication if the individual received assistance in the past 15 years. Also, a minor revision has been made under the Disaster Assistance Strategy. This proposed amendment was reviewed by the Alachua County Affordable Housing Advisory Committee.
This is considered a technical amendment to the LHAP. "Plan amendment" means the addition or deletion of a local housing assistance strategy or local housing incentive strategy. Amendments must at all times maintain consistency with program requirements and must be submitted to the Florida Housing Finance Corporation for purposes of notification.
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 mun...
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