TO: Board of County Commissioners
THROUGH: John A. Titkanich, Jr., County Administrator
Michael C. Zito, Deputy County Administrator
Cynthia Emerson, Community Services Director
FROM: Siphikelelo Chinyanganya, SHIP Administrator
DATE: October 7, 2025
SUBJECT: Consideration of Proposed Changes to Exhibit I - Indian River County Guidelines and Procedures for Implementing Strategies of Local Housing Assistance Plan (LHAP)
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BACKGROUND
Pursuant to the requirements of Section 420.907, F.S., and Rule 67-37.005, Florida Administrative Code (FAC), the Board of County Commissioners approved the County’s first Local Housing Assistance Plan (Ordinance #93-13) on April 6, 1993. Subsequently, the Florida Housing Finance Corporation approved the County’s plan and authorized the disbursement of State Housing Initiatives Partnership (SHIP) Program funds.
According to Rule 67-37.005(2), Florida Administrative Code, every three years, each local government receiving SHIP funds must submit a new Local Housing Assistance Plan (LHAP) to the Florida Housing Finance Corporation. Accordingly, the County’s plan was submitted in 1994, 1997, 2000, 2003, 2006, 2009, 2012, 2015, 2018, 2021, and 2024.
In 2024, the Board of County Commissioners approved the County’s current 3-year plan. This agenda item reviews the proposed amendments to the current LHAP for FY 2024-2025, FY 2025-2026, and FY 2026-2027
SHIP Program Activity
Since its initial adoption in 1993, the County’s LHAP has been successful in directing assistance to eligible households within the county. The attached table (attachment #1) identifies the County’sSHIP allocations and the number of loans given to eligible applicants by fiscal year and by income category.
Since SHIP is a state-funded program, the SHIP program fiscal year (FY) is concurrent with the state fiscal year and runs from July 1 to June 30. Because SHIP funds provided in one fiscal y...
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