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Affordable Rental Construction and Rehabilitation Funding

Monroe County, Florida is offering $255,000 in SHIP funding for affordable rental construction and/or rehabilitation, with applications due October 29, 2026.

Monroe County > SHIP Program

General
Open
3993941
Oct 29, 2026 12:00 PM
Jul 11, 2026 12:00 PM
$255,000.00
15 years
Request for Proposal (RFP)
Local
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Original Solicitation Links
[

3993941

]https://floridapublicnotices.com/notices/11617799
Contact
Cathy Crane
+13052924408
Description

Monroe County's SHIP Program announces $255,000 in funding for affordable rental construction and/or rehabilitation for the 2024-2025 fiscal year. The program serves households up to 140% AMI throughout Monroe County, including incorporated areas. Maximum award per unit is $40,000, with a 15-year loan term. Not-for-profit entities receive full loan forgiveness at maturity; for-profit entities must repay the full amount. Funding priority is: first, preservation of Assisted Housing Units; second, rehabilitation of existing rental units; third, creation of new rental units. Applications are ranked by priority and scoring criteria including affordability period, tenant income levels, and lowest SHIP per unit cost.

Classification Codes
NAICS236116New Multifamily Housing Construction (except For-Sale Builders)
PSCZ2FAREPAIR OR ALTERATION OF FAMILY HOUSING FACILITIES
Smart Codes
affordable rental constructionrental rehabilitationassisted housing preservation
Specifications
Service Only
Timeline
Aug 10, 2026-Open Date
Oct 9, 2026-Questions Due Date
Oct 16, 2026-Questions Response Date
Oct 29, 2026-Close Date
Location
Monroe, FL, USA
View on Google Maps
Documents
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