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Important Links
Housing & Community Development Lelia W. Allen, Director |
The State Housing Initiatives Partnership (SHIP) ProgramThe City of Orlando receives its local housing allocation from the Florida Housing Finance Corporation once its Local Housing Assistance Plan is approved, pursuant to Section 420.9072, Florida Statutes. Funds received in addition to program revenues and interest earned, are deposited in the City’s Housing Trust Fund. The funds will be distributed as prescribed in the Plan. The City of Orlando’s Local Housing Assistance Plan (LHAP), (Plan or LHAP) sets forth the City’s strategies and criteria for administering the State Housing Initiatives Partnership (SHIP) Program for the three years. The current Plan covers fiscal year 2006-2007 through fiscal year 2008-2009.
SHIP assistance will primarily benefit very-low, low, and
moderate-income households. To encourage economic diversity, the City
will encourage the use of SHIP funds for moderate-income housing
activities in geographic areas where there is a concentration of
very-low and low-income households. Allocation for FY 08/09 (Oct. 1, 2008-Sept. 30, 2009) New Construction - for Homeownership $500,000 Owner Occupied Rehabilitation $415,000 Down Payment Assistance $400,000 Impact Fee (for Sale) $150,000 Impact Fee (for Rental) $200,000 Land & Building Acquisition Program $0 Post Disaster Recovery $0 Foreclosure Prevention $75,000 Administration $202,161 Home Ownership Counseling $79,456 Total FY 09/09 SHIP Allocation $2,021,617
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