Transcript SHIP Local Housing Assistance Plan Workshop

State Housing Initiatives
Partnership Program (SHIP)
Growth Management
Housing Programs Office
Provides funding to create
private/public sector
partnerships to produce and
preserve affordable
homeownership and rental
housing.
Stakeholder Workshops
Growth Management
Housing Programs Office
Down-Payment Assistance:
January 2008
Single Family Housing :
January 2008
Special Needs/Rental :
February 2008
Community Services Group
March 2008
SHIP Local Housing
Assistance Plan Presentation



SHIP Update
New Initiative: Rental Deposit
Proposed Changes to Existing Programs
- Single Family Housing
– Multi-Family Housing
– Special Needs

Suggested Housing Delivery Goals
SHIP Update



SHIP Expenditures by Income Level of
Households Served
SHIP Expenditures by Program
Results of Down Payment Assistance
Changes
SHIP Update:
2006 Program Funds by
Area Median Income of Households Served
0.46%
27.48%
28.28%
43.78%
Extremely Low Income <30% AMI
Very Low Income 31%-50% AMI
Low Income 51%-80% AMI
Moderate Income 80%-100% AMI
SHIP Update:
2006 Expenditures by Program
1%
1%
18%
80%
Down Payment Assistance Programs
Single Family Housing: Home Repairs and Replacement
Foreclosure Intervention
Special Needs
SHIP Update:
Results of Down Payment
Assistance Changes





Increase in number of homebuyers served
SFY 2006
SFY 2007
27
45
Buyer’s First Mortgages More Affordable
Proactive home repairs funded
Increase in leveraged funds
Reduction in SHIP households requests for
foreclosure intervention assistance
New Rental Deposit Program
Growth Management
Housing Programs Office
Purpose: To assist very low
and low income renter
households to pay for
security, utility and rental
deposits to obtain
affordable rental housing.
Rental Deposit Program
SHIP Program Restrictions
► No mobile homes may be assisted.
► No ongoing rental assistance allowed
► Security and Utility Deposits Eligible Expenses
► Monthly rents must be affordable by SHIP standards
► Funding level subject to program requirements
► Tenants must meet income eligibility requirements:
► Income certification training required
New Rental Deposit Program
Program Issues
● Form of assistance: Grant or Loan
● Location of eligible units
- County-wide or
- Restrict to outside City of Gainesville
●
Coordination with other service providers
●
Sub-recipient or county partner needed to administer program
●
Inspections to ensure rental unit meets minimum housing code
New Rental Deposit Program
Recommendations:
Direct staff to prepare a Pilot Rental Deposit Program
► Assistance in form of a grant
► Income Eligibility: up to 50% AMI
► Program budget: $50,000 for SFY 2009
► One time assistance only
► Rental units must meet minimum housing code
► Restrict apartment location to outside of City of Gainesville
unless no other deposit program is currently available.
► Partner with Community Support Services Department.
Current SHIP Programs
Growth Management
Housing Programs Office
Single Family Housing
Multi-Family Housing
Special Needs
Down Payment Assistance
Foreclosure Intervention
Disaster Mitigation/Recovery
Single Family Housing
Housing Repair/ Replacement
Growth Management
Housing Programs Office
Developer Fee As Grant
Increase Maximum Award Per
Current
Proposed
$40,000
$50,000
Single Family Housing
New Construction
Growth Management
Housing Programs Office
Mixed Income Provision for
Plan East Gainesville Study Area
Developer Fee As Grant
Decrease maximum award from
$40,000 to $25,000 per buyer.
Multi-Family Housing
Development Program
Growth Management
Housing Programs Office
● Change name to Rental
Development Program
●Include mixed income
provision in East
Gainesville Plan Study Area.
Growth Management
Housing Programs Office
Special Needs
Eliminate 50% Match
Requirement
Increase maximum award
from $6,000 to $10,000.
Down Payment Assistance
Growth Management
Housing Programs Office
Consistency between
the City of Gainesville
and Alachua County
SHIP Down Payment
Assistance Programs
Maximum Purchase Price
Maximum Income Limit
Length of Mortgage term
Essential Service Personnel Definition
Down Payment Assistance
Growth Management
Housing Programs Office
Current
Proposed
Maximum Sales Price
$204,440
$237,000
Maximum Income Limits
100% AMI
120% AMI
Deferred Mortgage Forgiven 30 year
Essential Service Personnel
Definition Required
N/A
10 year
Inclusive definition
Growth Management
Housing Programs Office
State Housing Initiatives
Partnership Program (SHIP)
Requirements
10%
15%
Illustration ($1,000,000)
$750,000 New Construction
or Home Repairs
$100,000 Administration
maximum
$150,000 Existing homes
without any repairs
$1 Million Total
75%
New Construction or Repairs
Existing homes without repairs
Administration
Proposed Changes to
Maximum Awards
Program
Current
Proposed
Down Payment
Single Family
-Home Repairs
-New Construction
Rental Deposit
Special Needs
$25,000
$30,000
$40,000
$40,000
$0
$6,000
$50,000
$25,000
$1,000-$1,500
$10,000
Recommendations Summary
Direct Staff to:
 A.) Draft a new Rental Deposit Pilot Program to provide one-time
grants to eligible renters for security and utility deposits.
 B.) Draft changes to the following SHIP funded programs as
described in Recommendation Attachment or as amended:
Single Family Housing Development Program
Multi-Family Housing Development Program
Special Needs Program
Down Payment Assistance Program

C. Draft Housing Delivery Goals for SFY 2009-2011 as
recommended or amended.