In a recent government meeting, officials expressed growing concerns over the funding crisis affecting local affordable housing agencies. Since September, no new applications for assistance have been processed in the county, and the administrative reserve for these agencies has nearly reached a negative balance.

During the meeting, it was revealed that the board of county commissioners was informed of the dire financial situation, prompting a request for a contingency plan to keep operations running. A meeting is scheduled for Monday to discuss potential solutions, and further discussions with legislative liaison Scott Brennan are set for Thursday to explore federal funding options from the Department of Housing and Urban Development (HUD).

The issue is not isolated to this county; Panama City is also facing similar financial challenges. Additionally, Hillsborough County recently voted to cut $8 million from its affordable housing budget, raising concerns about a broader statewide trend to withdraw support from affordable housing initiatives.

Officials are hopeful for a resolution but acknowledge that they will need to return to the county commission in early November for further decisions on the future of these programs. The urgency of the situation was underscored by the need for immediate action to ensure continued support for affordable housing in the community.