|Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - September 12, 2017|
Agenda Item #31
FY 2014-2017 SHIP Annual Report
Contact and/or Presenter Information
Denise L. Thomas/ext. 3474
Approval and acceptance of the SHIP Annual Report and authorization for the Chairman to sign the letter of transmittal and required State forms to transmit Manatee County's State Housing Initiative Partnership (SHIP) Annual Report for Fiscal Year 2014-2015 through 2016-2017 in accordance with Florida State Statutes 420.9075.
Florida State Statute 420.9075
Manatee County Ordinance 93-44
Comprehensive Plan Objective 6.1.1. - Affordable Housing
Resolution R-12-076, 2012-2015 Local Housing Assistance Plan
Resolution R-15-043, 2015-2018 Local Housing Assistance Plan
State Statute 420.9075(10) requires each county or eligible municipality to submit to the Florida Housing Finance Corporation (FHFC), by September 15th of each year, a report of its affordable housing programs and accomplishments through June 30th.
The annual report specifically details the County's distributions of funds expended and encumbered for fiscal year 2014-2015 through 2016-2017.
As required, the annual report verifies that the County's SHIP program is in conformance with the appropriate SHIP rules and regulations and includes the following information:
Availability of the proposed report for public inspection and comment was advertised on September 4, 2017, through the Bradenton Herald. All written comments received will be transmitted to FHFC for consideration.
For FY 2014-2015, the close out year, $1,393,862.36 was expended. This funding assisted/supported 29 units of affordable housing (7 units for housing rehabilitation, 16 units with downpayment assistance, and 6 units for housing reconstruction). These funds were used to leverage over $2.8 million of private and owner funds (a 2.52 to 1 leverage).
County Attorney Review
Not Reviewed (No apparent legal issues)
Explanation of Other
Instructions to Board Records
Please expedite signing of documents due to mandatory State submission deadline of September 15, 2017.
Please return one original of all signed documents and the signed transmittal letter to Denise Thomas, ext. 3474 (email@example.com)
Cost and Funds Source Account Number and Name
None / SHIP 115.900382X
Amount and Frequency of Recurring Costs
Attachment: Regulatory Certification.pdf
Attachment: SHIP 2014-2017 Annual Report.pdf
Attachment: SHIP Annual Report Transmittal Ltr.pdf