Subject:
Title
Approval, RE: Adoption of State Fiscal Year 2024-2027 State Housing Initiatives Partnership (SHIP) Local Housing Assistance Plan (estimated $2,648,427)
End
Fiscal Impact:
Fiscal Year 2023 - 24: The current SHIP estimate for Brevard County's allocation is $2,648,427 in funds for the state fiscal year beginning July 1, 2024. Approximately $662,106 will be received during the final quarter of the County 2023 - 2024 fiscal year. All SHIP funds are deposited in Fund 1490.
Fiscal Year 2024 - 25: All remaining SHIP funds will be deposited in Fund 1490.
Dept/Office:
Housing and Human Services
Requested Action:
Recommendation
It is requested that the Board of County Commissioners:
1. Adopt the State Housing Initiatives Partnership (SHIP) Program Local Housing Assistance Plan (LHAP) for Fiscal Years 2024 Through 2027 by Resolution;
2. Authorize the Chair to sign the required State Certifications and sign any amendments that the Florida Housing Finance Corporation (FHFC) determines necessary to meet the requirements of State Statue 420.907-9075;
3. Approve the Housing and Human Services Department, as contract administrators, to use competitive procurement to seek contractors to complete proposed activities and projects;
4. Approve the Housing and Human Services Department Director to endorse agreements, amendments, and modifications for activities and projects identified in the LHAP and procured by the Housing and Human Services Department after approval from Risk Management and the County Attorney's Office.
5. Authorize the County Manager to approve any related budget change requests.
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Summary Explanation and Background:
Florida Statue 420.9075 requires that Brevard County submit a three-year Local Housing Assistance Plan (LHAP) that describes strategies and criteria for the expenditure of State Housing Initiatives Partnership (SHIP) funds. The annual allocation for SHIP is dependent on revenue collected by the State through documentary stamp ta...
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