Florida Housing Finance Corporation
Florida

The State Housing Initiatives Partnership (SHIP) Program was created in 1992 as part of the Sadowski Act. This program provides funds to all 67 counties and 55 entitlement cities on a population-based formula as an incentive to produce and preserve affordable housing for very low, low and moderate income families. The minimum allocation for most counties is $350,000 per county, and at least 65% of funds must be used for homeownership. Under their Local Government Housing Assistance Plans, counties and eligible cities may fund such strategies as emergency repairs, new construction, rehabilitation, down payment and closing cost assistance, impact fees, property acquisition, matching dollars for federal programs and homeownership counseling. Annual appropriation language may more specifically direct program uses.

Funding Source
General revenue
Funding Year
2022
Program Status
Active
Total Funding
$86,700,000
Contact
Bill Aldinger Florida Housing Finance Corporation [email protected] 850-488-4197
How Provided?
Development loans; Development grants
Data Collected by Program
Income; Race; Ethnicity; Disability status; Age
Program Type
Income Eligibility Threshold
Info Source
NLIHC internet research
Last Updated
8/7/23 16:22
Priority Populations

Very low-income households (income less than 50% AMI)