Affordable Housing Overview
In 1992, the Florida State Legislature approved the William E. Sadowski Affordable Housing Act, creating the State Housing Initiatives Partnership (SHIP) in order to support and expand the availability of affordable housing resources within the State. In 1993, the Nassau County Board of County Commissioners established the local Affordable Housing Advisory committee, in accordance with Florida Statute, Chapter 420.976, to meet statutory requirements for the planning, implementation, and receipt of affordable housing funds. For Affordable Housing Information and Definitions see Florida Statute, Chapter 420, Part V and Florida Statute, Chapter 420.503.
For more information on how our SHIP program may be able to assist you, visit our SHIP page. Funding is available through SHIP for down payment assistance and housing construction and rehabilitation/repairs. Our SHIP administrator can discuss options and eligibility with you.
Who needs affordable housing?
According to the U.S. Dept. of Housing and Urban Development: “Families who pay more than 30 percent of their income for housing are considered cost burdened and may have difficulty affording necessities such as food, clothing, transportation and medical care. An estimated 12 million renter and homeowner households now pay more than 50 percent of their annual incomes for housing. A family with one full-time worker earning the minimum wage cannot afford the local fair-market rent for a two-bedroom apartment anywhere in the United States.” For more, check out their website.