TO: Mayor and Commissioners
FROM: Sammie L. Walthour, Director, Neighborhood and Comm. Services
THROUGH: Terrence L. Moore, ICMA-CM, City Manager
DATE: March 5, 2024
Title
RESOLUTION NO. 66-24: STATE HOUSING INITIATIVES PARTNERSHIP LOCAL HOUSING ASSISTANCE PLAN (LHAP) FY2022-2025 TECHNICAL REVISION 1
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RECOMMENDATION:
Recommendation
Motion to authorize and approve the Local Housing Assistance Plan (LHAP) for Fiscal Years 2022-2025 Technical Revision 1, by adopting Resolution #66-24, pursuant to Title 67-37 of the Florida Administrative Code.
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BACKGROUND:
For the past thirty-two (32) years, the City has received funds under the State Housing Initiatives Partnership (SHIP) Program. SHIP funds are generated from a portion of documentary stamp taxes collected throughout the State and held in the State’s Housing Trust Fund for the development and maintenance of affordable housing. The State requires a Local Housing Assistance Plan (LHAP) outlining how the City plans to administer the SHIP funds once they are received. On February 23, 1993, under Ordinance #2-93, the City Commission established a Local Housing Assistance Program created the Local Housing Trust Fund and created the Affordable Housing Advisory Committee to comply with various sections of Title 67 of the Florida Administrative Code. The Neighborhood Services Division staff administers the program and under the approved plans, has assisted Delray Beach residents with homeownership, housing rehabilitation foreclosure prevention and disaster assistance opportunities.
Neighborhood Services Division staff has made the following recommendation to the housing plan. The below provides explanation:
1) Owner-Occupied Rehabilitation Assistance; Increase of the maximum amount from $60,000 to $85,000. Any subsequent revisions made will return to Commission for review that may be implemented during the next three years. The LHAP is based on the FY22-23 annual allocation of $642,003 per year...
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