TO: Mayor and Commission AGENDA DATE: 2/3/2025
FROM: City Manager AGENDA ITEM: 7 - C
SUBJECT:
Title
Request for approval of Resolution 2025-27 approving work authorization of construction services for the Owner-Occupied Rehabilitation Program utilizing Florida Housing Finance Corporation State Housing Initiatives Partnership (SHIP) funds for the Owner-Occupied Repair Projects.
Body
LOCATIONS:
Citywide
COST:
Cost not to exceed $60,000.00 (per property)
SOURCE OF FUNDS:
Florida Housing Finance Corporation (SHIP) (104540-524900-51003)
ORIGINATING DEPARTMENT:
Housing and Community Development
POTENTIAL MOTION:
Recommendation
“I move to approve Resolution 2025-27 approving work authorization of construction services for the Owner-Occupied Rehabilitation Program utilizing Florida Housing Finance Corporation State Housing Initiatives Partnership (SHIP) funds.”
END
BACKGROUND:
Background
The City is an entitlement community and receives funds from the Florida Housing Finance Corporation under the State Housing Initiatives Partnership (SHIP) program. The City administers a SHIP approved program known as Owner Occupied Rehabilitation (OOR). The OOR program assist residents with home repairs.
Staff has determined the households/properties below should be considered “extremely very low income” or “very low” income, based on income and household size (number of people residing in the house). The income thresholds are predicated on area median income data derived from the Deltona, Daytona Beach, and Ormond Beach Municipal Statistical Area (MSA).
The SHIP income approved properties, and allocated amounts are:
1942 Saxon Blvd - $53,482.15,
1738 Hernando Ave - $55,404.00,
2691 Beal Street - $53,200.00
2655 Beal Street - $51,200.00
The properties referenced will utilize funds budgeted as part of the FY 2024/2025 SHIP adopted budget.
Information related to each scope of work is attached. Each awardee (contractor) was the lowest bidder, for each of the above referenced properties. The State funds invested in these properties will be subject to a non-interest-bearing lien for 15-years. The lien will be forgiven should the present owners remain in their properties for the 15-year life of the lien.
End