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County outlines SHIP affordable‑housing allocation and application process
Summary
County staff reviewed the State Housing Initiative Program (SHIP) allocation (~$350,000) and local procedures: 10% may be used for administration, funds require application via the LHAP and can support emergency repairs, eviction prevention or first‑time buyer assistance.
County staff presented the State Housing Initiative Program (SHIP) budget and distribution rules, noting Okeechobee County receives a relatively small allocation compared with larger jurisdictions. The presenter said the county's SHIP allocation is $350,000 and projected total SHIP revenue (including interest and repayments) is about $389,200 for the coming year; up to 10% of the state allocation may be used for administrative costs.
The affordable-housing coordinator position is currently vacant, the presenter said, and funds are normally distributed through an application process governed by a Local Housing Assistance Plan (LHAP). Eligible uses discussed included emergency repairs, foreclosure and eviction prevention and programs for first‑time homebuyers. Commissioners discussed convening the county's Affordable Housing Committee to review applications and requested follow‑up on cash balances and timing of the $350,000 allocation (typically arriving in August–September). No changes to program policy were made during the workshop.
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