Placement: Resolutions / Public Hearing
Action Requested: Motion / Vote
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Resolution 25-R15, Public Hearing, Approval of Updated Local Housing Assistance Plan (LHAP) 2025-2028 per the State Housing Initiatives Partnership (SHIP) Program Compliance Guidelines and Opening of the 2-week Public Comment Period.
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Submitted By: Bolivar Gomez, Project Manager
Strategic Plan Link: The City's Goal of a high-performing city government organization.
Executive Summary (General Business): The Florida Housing Finance Corporation (FHFC) requires that local governments develop and maintain a Local Housing Assistance Plan (LHAP) detailing how the City intends to use its State Housing Initiatives Partnership (SHIP) funds for 3-year periods. Staff has taken the necessary steps to update the plan and draft a resolution, which are attached for approval. The approved documents must be submitted to FHFC by May 2, 2025. This public hearing and the 2-week public comment period will begin upon approval and has been advertised in local newspapers.
Presentation Information: N/A. Staff is available to answer questions and document any public comments for submittal to the State.
Staff Recommendation: Move that the Council approve the Resolution approving the draft LHAP and authorize staff to submit the LHAP to the State's FHFC with any public comments received.
Alternate Recommendation:
1. Move that the Council request that staff amend the draft LHAP and resolution and submit the updated draft LHAP to the State's FHFC with any public comments received.
Background: The Neighborhood Services Department has updated the plan per Section 420.9075, Florida Statutes, State guidelines, and current policies and procedures. The updated plan will cover funding years 2025-2028. The updated plan is applicable to the use of State SHIP funds and will assist eligible citizens of Port St. Lucie with the following housing strategies, as needed: A. Home Purchase Assistance, B. Comprehens...
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