State Housing Initiatives Partnership
The purpose of the program is to provide funds to local governments as an incentive to create partnerships to produce and preserve affordable home ownership and multifamily housing. The SHIP program was established by the passage of the 1992 Sadowski Affordable Housing Act. Funds are allocated on a population-based formula. The minimum allocation is $350,000 and the largest allocation is a little over $9 million. SHIP funds are distributed to all 67 counties and 48 Community Development Block Grant (CDBG) entitlement cities.
To view Notice of Funds Availability For FY 2015-16 Click Here.