PUBLIC ANNOUNCEMENT AFFORDABLE HOUSING DOLLARS AVAILABLE CLAY COUNTY S.H.I.P. PROGRAM On July 7, 1992 the Governor of …

PUBLIC ANNOUNCEMENT AFFORDABLE HOUSING DOLLARS AVAILABLE CLAY COUNTY S.H.I.P. PROGRAM On July 7, 1992 the Governor of Florida signed the William E. Sadowski Affordable Housing Act into law. The Act is a comprehensive funding package for state and local affordable housing programs. Along with these programs, this Act created the requirements that localities adopt a State Housing Initiatives Partnership (SHIP) Local Housing Assistance Plan to be eligible to receive the available program funds. Pursuant to this Act, Clay County has a Housing Assistance Plan for 2016/2017, 2017/2018, and 2018/2019. Program funds will be distributed on both a competitive and non-competitive basis depending on program activity and appropriation. Listed below by activity are Clay County's Programs. Eligible participants must qualify under the income requirements as listed for each program: Very-low (50% of Median), Low (80% of Median), or Moderate (120%) of Median. All applicants will be considered on a "First Qualified, First Served" basis. For further information, contact the Clay County SHIP office at 278-4700 or 529-4700. The Clay County SHIP office is located at 477 Houston Street, Green Cove Springs, Florida. Please call the SHIP office for instructions on submitting applications. Applications will be accepted from October 1, 2017 until all funds have been exhausted. No applications will be mailed or faxed. Office hours are 8:00 a.m. to 4:30 p.m. OWNER OCCUPIED REHABILITATION PROGRAM: Funds will be used in this strategy to assist qualified homeowners whose houses are in need of repairs. Repairs will be determined by the SHIP Coordinator. This program is for applicants with income in the extremely low, very-low and low category. Repairs will not exceed $25,000.00 per house. These funds are available as either grants or no interest loans. PURCHASE ASSISTANCE/ DOWN PAYMENT ASSISTANCE Funds will be used in this strategy for qualified persons in need of down payment and/or closing costs assistance to purchase a new or existing home. This program is for applicants with income up to 140% of AMI. The sales price or value of the home may not exceed $247,500. The maximum award under this strategy is $15,000.00. Funds for this program are contingent upon budget appropriation and must be used in conjunction with another first time homebuyer program. DISASTER MITIGATION/ RECOVERY PROGRAM This strategy will provide emergency repairs to victims of a natural disaster as declared by a government body. Funds may be used for items such as, but not limited to, purchase of emergency supplies to weatherproof damaged eligible homes, interim repairs to avoid further damage, tree and debris removal, construction/repair of wells where public water is not available, and soft costs required to process assistance applications. These funds will be expended as either grants or loans with no interest due. This strategy is for those applicants whose income is classified as very-low or low. Funds will not be allocated to this strategy except in the case of a federal or state disaster. SPECIAL NEEDS HOUSING (Non Profit) This strategy will provide funding to a not-for-profit entity for the purchase of new construction housing, the purchase of existing housing and the rehabilitation of temporary or transitional housing established for special needs housing groups as noted in Section 420.9075(1)(a), Florida Statutes, including, but not limited to, homeless people, the elderly, migrant farm workers and persons with disabilities. These funds are available as a no interest loan. This strategy serves individuals who meet the above criteria and whose income is classified as very low or low category. HOMELESS STABILIZATION PROGRAM This strategy will provide funding to assist families and individuals who reside in Clay County who are at imminent risk of becoming homeless (Eviction Prevention) and those who are already homeless (Rapid Rehousing). Assistance for eviction prevention will not exceed six months' rent. Assistance for Rapid Rehousing may not exceed 12 months. Assistance will be awarded through a Sponsor to applicants whose income is classified as extremely low and very low. The Sponsor must be an agency or not-for-profit group whose mission and focus is to end homeless and to promote self-sufficiency. DEMOLITION AND RECONSTRUCTION HOME REPLACEMENT This strategy will provide funding for the replacement of an existing single family unit that has been determined that it is not economically feasible to rehabilitate the existing home. This strategy will only be available if the property is free and clear of any mortgage or debt. This strategy is only available to persons over 62 years of age, disabled or special needs as defined in Section 420.0004(13) or an honorably disc

Posted 10/5/2017