Placement: Resolutions
Action Requested: Motion / Vote
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Resolution 22-R42, Approval of Updated Local Housing Assistance Plan (LHAP) for 2022-2025 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: Alessandra "Alex" Tasca, Deputy Director, Neighborhood Services
Strategic Plan Link: The City's Mission to be responsive to our community.
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. The City's current plan is in effect until June 30, 2022. 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, 2022. A 2-week public comment period in regard to the plan will begin upon approval and has been advertised in the local paper.
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 updated LHAP by resolution and submit the LHAP to the State.
Alternate Recommendations:
1. Move that the Council request that staff amend the recommendations and submit the LHAP to the State.
2. Move that the Council not approve the resolution and provide staff additional direction.
Background: The Neighborhood Services Department has updated the plan per guidelines and adopted programs. The updated plan will cover funding years 2022-2025 and has been preliminarily reviewed by the state authority (i.e. FHFC). The updated plan will assist eligible citizens of Port St. Lucie with the following housing strategies, as needed: A. Home Purchase Assistance, B. Comprehensive Owner-Occupied Rehabilitation, C...
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