Notice of Funding Availability  (2019-2020)

The City of Largo is projected to receive approximately $113,000 through the State Housing Initiatives Partnership (SHIP) Program during State Fiscal Year 2019-2020 to further the availability of safe and affordable housing.  At the time of this publication, the City of Largo’s official allocation from SHIP has not yet been released; therefore, the amount listed above is an estimated amount of funding available for these programs.  The City's Local Housing Assistance Plan includes assistance strategies designed to increase homeownership opportunities and preserve the housing stock.

Applications will be received for these programs during the period of July 22, 2019 – June 30, 2022, or until all funds have been awarded.

HOMEOWNER REHABILITATION PROGRAM: Provides zero-interest rehabilitation loans for income-eligible homeowners.  Eligible improvements under the strategy include correction of code violations, energy conservation improvements, handicap modifications, and correction to overcrowded conditions.  This program is designed to assist very-low, low-, and moderate-income households.

SOLD-ON-LARGO PROGRAM: Provides downpayment and closing cost assistance to very-low, low-, and moderate-income households to make homeownership a reality.  Sold-on-Largo represents a joint effort between local lenders, non-profit housing service agencies, and the City of Largo to help residents become first-time homeowners.

AFFORDABLE HOUSING DEVELOPMENT PROGRAM: Provides incentives to private and non-profit developers in the creation of new affordable rental or owner-occupied housing units.  This program also assists very low, low, and moderate-income households with purchase of the owner-occupied housing units through providing downpayment assistance.

HOMEBUYER EDUCATION AND HOUSING COUNSELING: This program is provided to assist households with preparing them for first-time homeownership.  Education and counseling is available to very-low, low-, and moderate-income households.

EVICTION PREVENTION PROGRAM: This program is included in the SHIP Local Housing Assistance Plan; however, the program is currently unfunded.  Should additional funding become available, the program would provide a grant to help protect tenants from eviction from their rental units, due to disruption of payment caused by unavoidable, short-term financial hardship.  This program serves very-low and low-income households.

RENTAL START-UP FEE AND UTILITY CONNECTION DEPOSIT PROGRAM: This program is included in the SHIP Local Housing Assistance Plan; however, the program is currently unfunded.  Should additional funding become available, the program would provide rental start-up fees and utility connection deposits for homeless (or at risk of homeless) households to acquire quality, safe, decent and affordable rental housing.  This program serves very-low and low-income households.  For very low-income homeless and very low-income households with a member who has special needs, additional rental assistance may also be available.

For further information or to apply, contact Jodie White, City of Largo Community Development Department, PO Box 296, Largo, Florida 33779-0296, [email protected] or (727) 586-7489, extension 7314.  The Community Development Department is open week days from 8:00 AM – 5:00 PM.  Additional information on these programs can be found on the City of Largo’s Housing website.

Population Size

4th

Largest City in Tampa Bay

Acres of Park Land

4.5K

Largo Businesses