NOTICE OF FUNDING and AVAILABILITY

Rental Development - $20,000

**Due to Hurricane Irma, the deadline has been extended to Monday, Oct. 9, 2017.


Application Part 1 |  Application Part 2 | Application Part 3

RENTAL DEVELOPMENTS that will benefit very low and low-income households in Citrus County. The maximum household income limits (adjusted for household size) shall be those that are published annually by the Florida Housing Corporation. The amount of funds that will be available for rental development activities shall be $20,000. The activities must conform to the Citrus County State Housing Initiatives Partnership (SHIP) Program-Local Housing Assistance Plan. Applicants that are funded must contractually commit to follow the guidelines of SHIP. The maximum per unit SHIP subsidy shall not exceed $10,000 per unit.

  • Application submittal period: September 8 through October 9, 2017
  • Applications must be "delivered" by October 9, 2017, no later than 4:00 p.m.
  • Faxed and e-mailed applications are not accepted
  • Applications received after the deadline will be disqualified

Please deliver applications to:
Citrus County Housing Services
2804 W. Marc Knighton Ct. #12
Lecanto, FL 34461

All applications will be rated and ranked based on the rating criteria contained in the Citrus County 2016 Rental Development Application such as the economic viability, development feasibility, ability to proceed, experience of development team, use of local vendors and other factors. Applicants must have site control. The proposed development must be appropriately zoned for the intended use at the time of application. A maximum of $20,000 will be awarded for one (1) project. This award will be used as the local contribution required to obtain other project funding available through the State of Florida such as Tax Credits, HOME or SAIL.

If an applicant qualifies for any other direct concessions, including, but not limited to, fee waivers or deferrals for the rental development in, and by jurisdiction where the rental development is located, they will not qualify for the funding available through this NOFA.

 

 

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