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County posts continuous SHIP application for multifamily projects; Habitat partnerships producing homes
Summary
Staff and presenters reported a continuous SHIP application process for multifamily projects (to be posted on PlanetBids), recent Habitat for Humanity closings (three homes) and a pipeline of SHIP applications (21) while noting state SHIP funding under $750,000 for 2025–26.
A presenter identified in the transcript as Mr. Ironman told the Affordable Housing Advisory Committee on Sept. 23 that the county’s multifamily SHIP (State Housing Initiatives Partnership) application will be posted on PlanetBids and that the application process will be open continuous rather than a single deadline. “It’ll be posted today,” he said, and applicants can submit once the notice is live.
County staff said the continuous application approach is intended to let projects be reviewed as they come in rather than relying on a short application window. Staff reported 21 active SHIP applications in the county’s pipeline and described recent use of SHIP funds to partner with Habitat for Humanity: county staff said the program supported three Habitat closings this year and two additional Habitat homes were in the pipeline.
Staff also said the county recently received a state appropriation for the 2025–26 cycle that is below $750,000 (staff described it as “a little less” than $750,000), and that available SHIP funds must be spent in prescribed buckets (for example, minimum shares for construction versus repairs or down-payment assistance) and within AMI categories. Staff described a roughly two-year spend-down cycle for state SHIP funds and said that applications may be funded from existing and forthcoming rounds depending on eligibility and program-specific buckets.
Separately, staff noted that the Board of County Commissioners has approved the next phase of the Tributary DRI, which includes affordable-housing requirements the county expects to add units as the phase advances; staff said the phase included approximately 100 units. Committee members and staff discussed financing complexity for multifamily and tiny-home projects, noting that stacked funding (tax credits, HUD, state and local sources) is often necessary and that smaller projects can face a weaker cost-benefit case for lenders.
No formal committee action was taken on these informational updates.
