State Housing Programs
This is a list of specifically funded programs that help provide Florida with affordable housing and related services.
- Florida Association of Local Housing Finance Authorities (ALHFA)
Government organizations established with the purpose of addressing housing shortages within the state by stimulating the construction and rehabilitation of housing through the use of public financing. HFA's have the power to issue mortgage revenue bonds for the purpose including, but not limited to, the purchase of, or the making of commitments to purchase, mortgage loans and the provision of tax exempt financing for teh development, acquision, and/or rehabilitation of mult-family housing.
- Predevelopment Loan Program (PLP)
Helps nonprofit and community based organizations, local governments, and public housing authorities plan, finance, and develop affordable housing. Eligible organizations may apply for a loan of up to $750,000. PLP loans may be applied toward costs such as rezoning, soil tests, engineering fees, title searches, appraisals, feasibility analysis, legal fees, audit fees, earnest money deposit, impact fees, insurance fees, commitment fees, administrative costs, marketing expenses and acquisition expenses.
- State Apartment Incentive Loan (SAIL) Program
Provides low-interest loans on a competitive basis to affordable housing developers each year. SAIL dollars are available to individuals, public entities, not-for-profit or for-profit organizations that propose the construction or substantial rehabilitation of multifamily units affordable to very low income individuals and families. A minimum of 20 percent of the development's units must be set aside for families earning 50 percent or less of the area median income.
- State Housing Initiative Partnership (SHIP) Program
Funds are used as incentives to produce and/or preserve affordable home ownership and multifamily rental housing. Jurisdictions must establish a Local Housing Assistance Plan (LHAP) that provides strategies to meet the affordable housing needs of their community.
- Weatherization Assistance Program (WAP)
Annually provides grant funds to community action agencies, local governments, Indian tribes and non-profit agencies to provide specific program services for low-income families of Florida.