New Construction Assistance
SHIP funds may be provided to organizations to be used for the land acquisition, infrastructure and development costs, and all associated fees and permits, for single-family housing for resale to eligible homebuyers in incorporated or unincorporated Collier County. The units may be constructed on infill lots or as a part of a larger development.
Income Categories to be Served: Extremely low, Very low, Low and Moderate
Maximum Award: $50,000 per housing unit
|Single-family Housing||Rental Housing|
|Owner occupied rehabilitation – SHIP funds will be awarded to households in need of repairs to correct code violations, health and safety issues, electrical, plumbing, roofing, windows, other structural items and relocation. Assistance may include costs related to all eligible repairs, inspections, work write ups, recording fees and project delivery fees. For terms, qualifications and other details, see page 8 of the SHIP LHAP plan.||Rental development – Funds will be awarded to developers of affordable rental units for construction financing through other state or federal housing programs to construct affordable rental units in incorporated or unincorporated Collier County. This funding is intended to be used as gap financing required for the project. In cases where a smaller development (less than 50 units) is being proposed that included Special Needs units, the County may choose to provide a larger amount of the overall construction financing. For terms, qualifications and other details, see page 14 of the SHIP LHAP plan.|
|Purchase assistance – SHIP funds will be awarded to first-time homebuyers for down payment and closing costs to purchase a newly constructed or an existing single-family home, manufactured home or condominium. For terms, qualifications and other details, see page 10 of the SHIP LHAP plan.||Rental rehabilitation – The program is designed to rehabilitation rental units in Collier County. Loans will be giving to non-profit/for profit housing landlords/owners who have site control and ownership of the properties to rehabilitate existing singe family, multi-family or mobile/manufactured rental units on scattered sites or a rental complex. Assistance may be provided for large projects involving the repair of multiple rental units. For terms, qualifications and other details, see page 16 of the SHIP LHAP plan.|
|Demolition and Replacement of Site Built or Manufactured Homes – SHIP funds will be awarded to homeowners in need of demolition and replacement of housing. The county may use SHIP funds for demolition and replacement of site built or manufactured housing. This strategy will be used in lieu of rehabilitation when cost to repair the home are determined be more than 50% of the home’s value, as determined by the county. For terms, qualifications and other details see page 22 of the SHIP LHAP plan.||Rental acquisition – The program is designed to acquire rental units within Collier County. For terms, qualifications and other details, see page 18 of the SHIP LHAP plan.|