News and Events

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Contact:
Jacqui Sosa Peters (850) 488-4197
  • TALLAHASSEE - Florida Housing's upcoming Board of Directors' Meeting will be held on Friday, May 4 in Tampa. The meeting will begin at 8:30 a.m. For Board Package information, please click here.

    Event Details:
    Who: Florida Housing's Board of Directors
    What: Board Meeting
    When: Friday, May 4, 2018, beginning at 8:30 a.m.
    Where: Grand Hyatt Tampa Bay
                 2900 Bayport Drive
                 Tampa FL 33607

    For more information on this Board Meeting, please contact Sheila Freaney, Board Liaison, at 850-488-4197 or via email at sheila.freaney@floridahousing.org

    Additional Resources and Links Meet Florida Housing's Board of Directors

  • TALLAHASSEE, FL - Florida Housing Finance Corporation (Florida Housing) is announcing the availability of funding from the State Housing Initiatives Partnership (SHIP) program for homeowners in need of repairs to their home due to the hurricane, and for evacuees in Florida from Puerto Rico and the Virgin Islands who were impacted by Hurricanes Irma and Maria.

    The SHIP program has $5 million for disaster recovery from the current 2017-18 fiscal year to allocate to local governments most affected by the 2017 hurricanes. Based on damage estimates provided to Florida Housing by FEMA, the SHIP disaster funds are being allocated to the 12 hardest hit counties and 27 entitlement cities within those 12 counties.  The funds will be used by these local governments to assist income qualified households that experienced damage from hurricanes as well as evacuees in Florida from Puerto Rico and the Virgin Islands.

    Governor Rick Scott said, “Hurricane Irma was the largest storm to hit our state in modern history and we have been fully committed to helping Floridians fully recover. We have also continued to welcome families who have relocated from Puerto Rico to Florida because of Hurricane Maria. The SHIP program will provide $5 million for ongoing disaster recovery to communities in need, and I appreciate the work of the Florida Housing Finance Corporation to make these important funds available. We will continue to do all we can to help all families impacted by these hurricanes recover and rebuild.”

    “Florida Housing is following through on its commitment to provide long-term housing solutions in times of disaster,” said Trey Price, executive director for Florida Housing. “This funding will not only assist the citizens of Florida who were impacted by the hurricanes with their housing needs, but also our fellow Americans from Puerto Rico and the Virgin Islands that had to evacuate to Florida.”

    Florida Housing administers the SHIP program which provides funds to local governments as an incentive to create partnerships that produce and preserve affordable homeownership and multifamily housing. The program was designed to serve very low, low and moderate-income families. Depending on income, persons may be eligible for home repair or replacement, down payment assistance, rental housing assistance and other affordable housing assistance.

    Click here to view the list of the 12 hardest hit counties and 27 entitlement cities within those 12 counties that will be receiving funding.

    For more information about Florida Housing, visit www.floridahousing.org.

  • TALLAHASSEE, FL - The Board of Directors for the Florida Housing Finance Corporation (Florida Housing) unanimously approved three applications this morning to fund the development of affordable housing in Monroe County.

    The Board first approved issuing this request for application (RFA) at the January board meeting. RFA 2018-107 offered $2.6 million in Low Income Housing Tax Credits (LIHTC) and $10.4 million in State Apartment Incentive (SAIL) program dollars to specifically fund affordable family housing developments in the Florida Keys. Florida Housing received three applications to build affordable rental housing in the county hardest hit by Hurricane Irma. While the initially approved allocation amounts were sufficient to fund two developments, today, Florida Housing’s Board committed additional amounts to ensure the funding of a third development.

    During the recently concluded 2018 legislative session, an additional $15 million in SAIL funding was also allocated for housing in Monroe County that Florida Housing will administer.

    “Florida Housing’s Board took decisive action today to further assist those impacted by the hurricane that struck in Monroe County,” said Trey Price, executive director for Florida Housing. “We are grateful to the Governor and Legislature for providing additional affordable housing dollars that are targeted in this area to continue our commitment of providing safe, decent, affordable housing to the citizens of Florida.”

    Florida Housing’s Executive Director and senior staff traveled to Monroe County following the hurricane last year, toured the impacted areas of the Keys, and met with state and local officials to assess damage and housing conditions.

    For more information about Florida Housing, visit www.floridahousing.org.

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  • TALLAHASSEE - Florida Housing's upcoming Board of Directors' Meeting will be held on Friday, March 16 in Tallahassee. The meeting will begin at 8:30 a.m. For Board Package information, please click here.

    Event Details:
    Who: Florida Housing's Board of Directors
    What: Board Meeting
    When: Friday, March 16, 2018, beginning at 8:30 a.m.
    Where: Tallahassee City Hall, City Commission Chambers
                 225 East Coastline Drive
                 Tallahassee, FL 32301

    For more information on this Board Meeting, please contact Sheila Freaney, Board Liaison, at 850-488-4197 or via email at sheila.freaney@floridahousing.org

    Additional Resources and Links Meet Florida Housing's Board of Directors

  • SANTA ROSA - Florida Housing Finance Corporation (Florida Housing), in collaboration with local community partners, is launching a pilot program this month that will provide short-term rental housing assistance to homeless families that have school age children in Santa Rosa County. In 2017, Florida Housing’s Board of Directors approved Federal HOME funds to provide short-term, tenant based rental assistance (TEBRA) in small counties.

    Board Chairman Ray Dubuque said that he believes this pilot program with Florida Housing and local community partners continues the mission of providing affordable housing. “The Board welcomes this initiative,” Dubuque said. “As a board member from the Panhandle area I am especially elated to see the launch of this pilot here and ensuring it provides safe, decent, affordable housing for the citizens of Florida.”

    “Research shows that being homeless means greater challenges for children in school,” said Trey Price, Executive Director of Florida Housing.  “At a minimum these at-risk kids are more likely to have lower school achievement while homeless.”

    Of the available HOME funds, $750,000 will be used for the housing pilot in Santa Rosa County to provide rental security deposits, as well as, 12 months or less of rental assistance to the eligible families. Eligible families will also have the opportunity to attend life skill trainings, such as financial workshops.   The allocation is expected to serve a total of 75 families over three years – 25 families per year. The amount of rental assistance per family will depend on the amount a family can pay for rent and the cost of the monthly rent.

    Local community partners that are working with Florida Housing on this program include the following: Santa Rosa County School District, EscaRosa Coalition on the Homeless, Milton Housing Authority, Family Promises, and other organizations. Families will be identified, assessed and prioritized by the Santa Rosa County School District’s Homeless Education Program.  The Homeless Education Program is a federal program that provides school districts resources to help keep homeless children in school and work to provide all the opportunities that are available to the other students. Local partners will also handle the case management around the families by assisting the families with accessing permanent rental housing and improving their overall self-sufficiency.

    For more information on Florida Housing, visit www.floridahousing.org.

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  • TALLAHASSEE, FL - Ray Dubuque and Ron Lieberman concluded their first meeting as the recently named Chairman and Vice Chairman of the Board of Directors for Florida Housing Finance Corporation (Florida Housing).

    Dubuque, of Panama City, is retired and previously served as the regional director of external affairs for AT&T. Dubuque also sat on the City of Panama City’s Planning Board, where he was reappointed seven times for two-year terms. He serves as one of the two citizen representatives on the Florida Housing Board of Directors. Dubuque has been a board member since August 2013.

    Lieberman, of Ocala, is president of Steel Structures of Florida, Inc. Lieberman has been a significant force in the housing arena in Florida for more than 30 years. He is a past president of the Florida Home Builders Association and two-time president of the Citrus County Builders Association. Lieberman also served for seven years as chairman of the Citrus County Affordable Housing Finance Committee, in addition to being appointed on the Advisory Committee for the Tampa Bay Regional Transportation Authority, which he chaired for several years, as well.  He represents the residential builder seat on Florida Housing’s Board of Directors. Lieberman has been board member since March 2017.

    “We all have the ability to make a positive difference in someone’s life and I can think of no better way to do that than to help them secure a safe and affordable environment to live,” said Chairman Ray Dubuque. “In Florida we have a critical need for affordable housing, covering a wide spectrum of our citizens; from homeless schoolchildren, to our workforce, to the disabled, to our veterans, and to our seniors.  It is our duty to do what we can to help those, so they help themselves live a productive and safe life.”

    “Affordable housing is what I do,” said Vice-Chairman Ron Lieberman. “I am happy to do what I can to help Floridians realize their dream of safe, decent, affordable housing.”

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    Florida Housing was created by the Legislature to assist in providing a range of affordable housing opportunities for residents that help make Florida communities great places in which to live, work and do business. For more information about Florida Housing, visit www.floridahousing.org.

  • TALLAHASSEE - Florida Housing's upcoming Board of Directors' Meeting will be held on Friday, January 26 in Tallahassee. The meeting will begin at 8:30 a.m. For Board Package information, please click here.

    Event Details:
    Who: Florida Housing's Board of Directors
    What: Board Meeting
    When: Friday, January 26, 2018, beginning at 8:30 a.m.
    Where: Tallahassee Turnbull Conference Center
                  555 W Pensacola St,
                  Tallahassee, FL 32301

    For more information on this Board Meeting, please contact Sheila Freaney, Board Liaison, at 850-488-4197 or via email at sheila.freaney@floridahousing.org

    Additional Resources and Links Meet Florida Housing's Board of Directors

  •  Florida Housing Distributes Funding Two Years Ahead of Schedule

    TALLAHASSEE, FL - On January 31, 2018, Florida Housing Finance Corporation (Florida Housing) will close three Florida Hardest-Hit Fund (HHF) programs. Applications for the Unemployment Mortgage Assistance Program, Mortgage Loan Reinstatement Program, and Principal Reduction Program completed on or before the deadline will be reviewed for eligibility.

    The Florida HHF programs concluding are as follows:

    • Unemployment Mortgage Assistance Program (UMAP), which provides up to 12 months of payments (with a cap of $24,000) to assist homeowners who are unemployed, underemployed or have suffered a financial hardship due to death, divorce or disability.
       
    • Mortgage Loan Reinstatement Program (MLRP), which provides up to $25,000 assistance to reinstate a delinquent mortgage.
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    • Principal Reduction Program (PR), which provides up to a $50,000 principal reduction for homeowners who are underwater on their mortgage.

    “Although these programs were originally scheduled to end in 2020, we are able to distribute these funds well ahead of schedule,” said Trey Price, executive director for Florida Housing. “With only a few more days left before the January 31 deadline, I encourage qualified homeowners to apply.”

    As of December 31, 2017, 48,584 Florida families have received assistance through HHF programs. Distributing the funds two years ahead of schedule, Florida Housing has disbursed 92.19 percent of the $1.135 billion HHF funds allocated by the US Department of Treasury (Treasury).

    Florida’s innovative HHF programs have assisted in the recovery from the housing crisis since the program’s inception in 2010. A report by CoreLogic® shows that from April 2011 to October 2017, Florida’s foreclosure rate has drastically decreased from 12.47 percent to 0.91 percent, and the state’s unemployment rate during the same timeframe went from 10.10 percent to 3.6 percent.

    HHF Program Stats and Testimonials

    • Unemployment Mortgage Assistance Program (UMAP)- As of December 31, 2017, UMAP has assisted 19,432 Floridians.
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    • Mortgage Loan Reinstatement Program (MLRP)- As of December 31, 2017, MLRP has assisted 19,328 Floridians.
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    • Principal Reduction Program (PR)- As of December 31, 2017, PR has assisted 6,440 Floridians.

    Homeowners who have successfully completed the program say of the experience, “This program changed my life,” “It’s a burden off my shoulders,” “It’s easy to do,” and, “They worked with me by step-by-step.”

    Hear more participants discuss their experience here.

    Those interested in applying for the UMAP or MLRP programs, visit www.flhardesthithelp.org.

    Those interested in applying for PR program, visit www.principalreductionflhhf.org.

    For more information about Florida Housing or the Affordable Housing Workgroup, visit www.floridahousing.org.

@ Florida Housing Finance Corporation. All Rights Reserved.