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SHIP LOCAL HOUSING ASSISTANCE PLAN (LHAP) 2024-2027
HAVE YOU HEARD ABOUT OUR S.H.I.P. PROGRAM?
THIS PROGRAM PROVIDES FUNDING FOR PURCHASE ASSISTANCE OR REHABILITATION TO EXISTING HOMES. You must own your home, be income eligible and the program has other items that we must meet such as set aside amounts, assisting special needs applicants, construction, mobile home limits, and home ownership.
DO YOU WANT TO APPLY?
THESE PROGRAMS REQUIRE A 30 DAY ADVERTISEMENT PERIOD. ONCE WE HAVE COMPLETED THAT ADVERTISEMENT PERIOD, WE WILL TAKE APPLICATIONS UNTIL FUNDING HAS BEEN SPENT.
LOCATIONS WHERE YOU CAN GET APPLICATIONS, WHEN AND WHERE TO TURN THE APPLICATIONS IN, WHAT IS REQUIRED TO COMPLETE THE APPLICATION AND HOW THE PROGRAM WILL SELECT APPLICATIONS FOR FUNDING, WILL ALL BE DISCUSSED IN THE ADVERTISEMENT.
APPLICATIONS WILL BE ON THIS WEBPAGE WHEN AVAILABLE.
If you need affordable housing, you can go here www.gatewayofstjoe.com
If you have any issues with your housing at Gateway Homes, please contact the following personnel: Julie Pruitt or Mary Finney: (850) 227-1350 or (850) 215-8966. If resolution to your issues do not get resolved, please contact Lori Bobier at [email protected]
State Housing Initiatives Partnership (SHIP) Program
Creation of Program
The State Housing
Initiatives Partnership (SHIP) Program is the centerpiece of the William
E. Sadowski Affordable Housing Act, passed in 1992. SHIP was created to
provide funds to local governments as an incentive for the creation of
public/private partnerships for the production of affordable housing.
The SHIP Program channels a portion of Documentary (DOC) Stamp proceeds
from real estate transfers directly to local governments, enabling local
governments to address the needs identified in their local
comprehensive plan housing elements with locally designed SHIP
strategies.
2017-18 SHIP Annual Report
2019-20 SHIP Annual Report
2020-21 SHIP Annual Report
2019-20 HHRP Annual Report
Frequently Asked Questions
Q: When are applications available?
A: Normally applications are available in the month of July after the 30 days of advertising has been accomplished.
Q: What are the income requirements for the program?
A:
Income guidelines are furnished by the State of Florida each March.
These guidelines include income limits for families in size from one to
eight members.
Q: What income is counted?
A: Gross Annual Income (before taxes) of all adult members (18 years and older) of the household.
Q: Do certificates of deposit, other land owned, savings accounts, etc., count toward total family income?
A: Yes, all assets count toward the family income.
Q: How many times may one apply for assistance through this program?
A:
As many times as one wishes; however, once selected and provided funds, the family is not eligible for further assistance for a period of 10 years of previous award. Stipulation that the lifetime maximum amount of funding for an applicant is $75,000.
Q: Can other program funds (rural development, etc.) be used in conjunction with SHIP funds to purchase a home?
A: Yes.
Q: Can owner financing work with this program?
A: No.
Q: Can one receive funds to rehabilitate their home if they have "an agreement for deed" through owner financing of their home?
A: No, the applicant must have a mortgage or deed to their home.
Q: How long is the mortgage for SHIP funds to purchase or build a home?
A:
The mortgage is forgiven for this type of loan after 10 years. The
mortgage is repayable only when the home ceases to be the primary
residence of the applicant. Repayment is interest free! The principal
amount is reduced by 10% each year.
Q: What about mortgages for rehabilitation assistance?
A:
The mortgage for rehabilitation assistance is for 10 years, provided
the applicant resides in the home for the full period. If the applicant
moves, sells or otherwise ceases to use the home as their primary
residence, then the mortgage is due and payable with no interest due.
Q: Can a person(s) make application even though they live together but are not married?
A: Yes, however, both must sign the mortgage and both incomes are counted for verification and approval.
Q: How long does it take to get approved to build or buy a home through the purchase assistance program?
A: Everything depends on verification of income, commitment from a seller/contractor, and bank approval for the loan.
Non-Discrimination Policy
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Questions concerning the
Gulf County SHIP Program
may be directed to:
Hilary Carrasco
Ship Administrator
(PLEASE CALL FOR AN APPOINTMENT)
(850) 312-5063 Phone
(850) 229-7180 Fax
EMAIL:
[email protected]
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