Financing and Monitoring Rental Housing with SHIP. This webinar addresses the principles behind developing and financing affordable rental housing. SHIP funding is primarily focused on homeownership, but it can be a valuable tool to support rental housing projects. The challenges and opportunities of both new construction and rehabilitation will be covered, as will small, scattered site deals and large-scale developments. Participants will learn SHIP requirements for ongoing monitoring of assisted rental units, and how SHIP can be used as the Local Government Contribution for development responding to a Request for Application from Florida Housing. The presenters will discuss how SHIP can leverage other sources of funding such as low-income housing tax credits. Participants will also gain perspective on monitoring long term affordability, and other monitoring and compliance responsibilities.
Financing and Monitoring Rental Housing with SHIP. SHIP funding is primarily focused on homeownership, but it can be a valuable tool to support rental housing projects. This workshop addresses the principles behind developing and financing affordable rental housing. The challenges and opportunities of both new construction and rehabilitation will be covered, as will small, scattered site deals and large-scale developments. The presenters will provide an overview of tax credit deals from a SHIP perspective to help participants understand the local government role in funding and compliance. Key topics include income eligibility, calculating affordability, and the components of compliance monitoring. Participants will learn how SHIP can be used as the Local Government Contribution for development responding to a Request for Application from Florida Housing Finance Corporation. Presenters will also discuss how SHIP can leverage other sources of funding such as low-income housing tax credits. Participants will also gain perspective on monitoring long term affordability, and other monitoring and compliance responsibilities.
Financing and Monitoring Rental Housing with SHIP. This workshop addresses the principles behind developing/financing affordable rental housing. The challenges and opportunities of both new construction and rehab will be covered, as will small, scattered site deals and large scale developments. Learn what SHIP requires for ongoing monitoring of assisted rental units. The presenters will discuss tax credit deals from a SHIP perspective to help participants understand the local government obligation for monitoring. Key topics include understanding the market, sources and uses, and calculating affordability.
