TO: Mayor and Commission AGENDA DATE: 7/21/2025
FROM: City Manager AGENDA ITEM: 9 - B
SUBJECT:
Title
Request approval of Resolution No. 2025-66, approving the Local Housing Assistance Plan (LHAP) as required by the State Housing Initiatives Partnership Program Act, Subsection 420.907-420.9079, Florida Statutes, and Rule Chapter 67-37, Florida Administrative Code Authorizing and directing the City Manager to execute any necessary documents and certifications needed by the State; Authorizing the submission of the LHAP for review and approval by the Florida Housing Finance Corporation.
Body
LOCATION:
Citywide
COST:
N/A
SOURCE OF FUNDS:
N/A
ORIGINATING DEPARTMENT:
Planning and Development Services
POTENTIAL MOTION:
Recommendation
"I hereby move to approve Resolution No. 2025-66, approving the Local Housing Assistance Plan as required by the State Housing Initiatives Partnership Program Act."
END
BACKGROUND:
Background
The 2025-2028 Local Housing Assistance Plan (LHAP) is presented for approval to maintain the City's eligibility for annual SHIP funding, projected at $685,308 per year. The plan outlines key strategies to support affordable housing through purchase assistance, owner-occupied rehabilitation, emergency repairs, and new construction via Community Land Trusts.
Key updates include increased award limits - up to $60,000 for first time homebuyers (now with a rehab option) and $125,000 for home rehabilitation. These increases reflect current market conditions, rising construction and repair costs, and the need to ensure assistance remains effective and competitive in helping income qualified households access and maintain safe, code compliant housing.
The plan also strengthens provisions for monitoring, foreclosure recovery, and heir protocols, introduces green building standards, and prioritizes special needs households and essential service personnel across all strategies.
With clearer sponsor selection processes a...
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