TO: Mayor and Commission AGENDA DATE: 7/7/2025
FROM: City Manager AGENDA ITEM: 7 - G
SUBJECT:
Title
Request for approval of Resolution No. 2025-72, 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
LOCATION:
2481 Newmark Drive
1004 Fountainhead Drive
COST:
N/A
SOURCE OF FUNDS:
N/A
ORIGINATING DEPARTMENT:
Planning and Development Services
POTENTIAL MOTION:
Recommendation
“I hereby move to (approve/deny) Resolution No. 2025-72, authorizing the use of SHIP funds for the rehabilitation of the above listed properties.”
END
BACKGROUND:
Background
Staff is requesting approval of construction work authorizations for two Owner-Occupied Rehabilitation (OOR) projects funded through the State Housing Initiatives Partnership (SHIP) program. The eligible households, located at 2481 Newmark Drive and 1004 Fountainhead Drive, qualify as extremely low or very low income based on SHIP guidelines. The allocated funding amounts are $42,600 and $55,300, respectively. Both projects will be completed by the lowest responsible and responsible bidders, and are funded through the FY 2024/2025 SHIP budget. A 10-year, non-interest-bearing lien will be placed on each property and fully forgiven if the homeowner remains in the home for the full term.
End