Multifamily SHIP Application 2025 RFA
Open State & local contract opportunity Posted
- Solicitation number
- SHIP 2025
- State
- Florida
- Responses due
Opportunity facts
- Jurisdiction
Opportunity details come from constructionbidsource.com. Updated .
About this opportunity
Monroe County, Florida is accepting applications for SHIP (State Housing Initiatives Partnership) funding for affordable multifamily rental development and rehabilitation, with applications due October 29, 2026 at 3:00 PM EST and an application period opening August 10, 2026. Monroe County is making $255,000 in SHIP funding available with a maximum award of $40,000 per unit for eligible entities developing or rehabilitating rental housing serving very low-income, low-income, moderate-income, and households up to 140 percent of Area Median Income throughout Monroe County.
Funding is structured as deferred payment loans secured by recorded promissory notes, mortgages, rental monitoring agreements, and Land Use Regulation Agreements with a fifteen-year loan term. For not-for-profit entities, the full loan amount will be forgiven at maturity; for for-profit entities, the full loan amount is due at maturity.
Funding priorities are ranked in order: preservation of assisted housing units (Priority 1), rehabilitation of existing rental units (Priority 2), and creation of new rental units through construction or rehabilitation (Priority 3). Applications within each priority will be ranked separately based on affordability period length, income levels served, percentage of very low and low-income tenants served, with the lowest SHIP per-unit cost serving as a tiebreaker across all priorities. Applications must be submitted through the Monroe County Bonfire electronic bidding platform at https://monroecounty-fl.bonfirehub.com. Questions are due October 9, 2026 at 5:00 PM EST, with responses provided by October 16, 2026 at 5:00 PM EST. Per the Local Housing Assistance Plan, SHIP funding opportunities must be advertised for a minimum of thirty days prior to application opening; accordingly, applications submitted before August 10, 2026 will be processed as received on August 10, 2026 with no advantage given to earlier submission. Technical assistance is available from Monroe County SHIP Administrator Cathy Crane at 305-292-4408 during business hours.
Opportunity text
Solicitation for funding availability for SHIPs multifamily rental strategy. Per the governing Local Housing Assistance Plan (LHAP), Monroe County is required to advertise SHIP funding opportunities in a newspaper of general circulation and in periodicals serving ethnic and diverse neighborhoods for a minimum of thirty (30) days prior to the opening of the application period. Accordingly, SHIP applications will be accepted beginning AUGUST 10, 2026. Applications submitted prior to August 10, 2026, will be considered received on AUGUST 10, 2026, for processing purposes. No preference, advantage, or special consideration will be given based on an earlier submission date. Applications will be processed in accordance with the priorities, eligibility requirements, and funding availability established by the Monroe County Local Housing Assistance Plan (LHAP) and the State Housing Initiatives Partnership (SHIP) Program. Submission of an application does not guarantee funding or assistance. Applicants are encouraged to submit a complete application with all required documentation. Incomplete applications may delay processing and may not be considered until all required information has been received.
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