PLACEMENT: Consent
TITLE:
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APPROVAL OF REVISED LOCAL HOUSING ASSISTANCE PLAN (LHAP) FY 2023-2026
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EXECUTIVE SUMMARY:
executive summary
The Local Housing Assistance Plan (LHAP) governs Martin County's State Housing Initiative Partnership Program (SHIP) programming and expenditures. The revised 2023-2026 LHAP was prepared by staff and reviewed by Florida Housing Finance Corporation (FHFC), which approved the revisions to the LHAP on July 24, 2024.
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DEPARTMENT: Administration
PREPARED BY: Name: Philip Ratchford
Title: Human Services Grants Supervisor
REQUESTED BY: Michelle Miller, Human Services Director
PRESET:
PROCEDURES: None
BACKGROUND/RELATED STRATEGIC GOAL:
Martin County maintains authority to review and/or revise the Local Housing Assistance Plan (LHAP). Following a local revision, the plan is then presented to Florida Housing Finance Corporation (FHFC) for tentative approval to ensure all information follows program guidelines. The plan is then presented to the Board of County Commissioners (BOCC) for review and final approval, followed by re-submission to FHFC with the BOCC resolution. The LHAP is a guide for administering the local SHIP funds.
To be eligible for SHIP funding for a state fiscal year, a county or eligible municipality shall submit and receive approval of its local housing assistance plan and amendments thereto as provided in Rule 67-37.006, F.A.C.
Staff completed a review of the LHAP and decided to make some revisions to continue to best serve Martin County residents. These revisions include: 1) the addition of the allowable Rental New Construction/Rehabilitation strategy, 2) the addition of moderate level income households to the eligibility criteria for the Sewer and Drinking Water Hookup strategy, and 3) increasing the Demolition/Reconstruction strategy maximum award to $200,00.00. FHFC has provided their tentative approval of the plan, pending approval by the Martin County BOCC. The Affordable H...
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