Crawfordville, Florida – The Wakulla County Housing Authority announces approximately $199,166 of FY2009-2010 funding and $350,000 of FY2011-2012 funding available through the State Housing Initiatives Partnership (SHIP) Program.

The SHIP funds are to be used for the following Local Housing Assistance Plan strategies:  Owner-Occupied Rehabilitation and Homebuyer Purchase Assistance.  Please note that funding for rehabilitation will only be used to support existing housing.  The strategies are as follows:

Homebuyer Purchase Assistance Strategy

The purpose of this strategy is to provide down payment assistance and principle reduction to first-time homebuyers that are eligible under the SHIP guidelines.  The maximum amount of SHIP funds that may be awarded per unit is $15,000.  Potential homebuyers will be required to qualify for a mortgage through a financial institution.  Up to $15,000 may be applied towards securing the home.  Homebuyers may not have claimed homestead exemption in the last three years.  Funds will be awarded on a first come, first ready-to-close basis.

Owner-Occupied Rehabilitation Strategy

The purpose of this strategy is to provide repairs or improvements needed for safety and sanitary rehabilitation and/or correction of code violations.  The maximum amount of SHIP funds that may be awarded per unit is $35,000.  The homeowner must claim homestead exemption and the home must be occupied by the owner in order to be considered for rehabilitation. Applicants are limited to assistance once every (10) years.  Applications will be considered on a first come, first served basis.

In order to apply, citizens must complete the SHIP application.  Applications will be available at the BOCC Administration Office, 3093 Crawfordville Highway, beginning April 5, 2012 between the hours of 9:00a.m. and 4:00p.m. or online at www.mywakulla.com. 

All applications must be hand-delivered to the BOCC Administration Office between May 7, 2012 and May 11, 2012.  It’s important to note that the applications will NOT be accepted prior to May 7, 2012 and are due no later than Friday, May 11, 2012 by 2:00p.m.

Additionally, in an effort to answer any questions, The Wakulla County Housing Authority is conducting a Workshop on Thursday, April 12, 2012 from 10:00a.m.-12:00p.m. in the Wakulla County BOCC Chambers located at 29 Arran Road, Crawfordville, FL.

For additional information related to this story, please contact Meridian Community Services Group, Inc. at (850) 877-1908.

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