Rental Acquisition and Rehabilitation Program

The Rental Acquisition and Rehabilitation Program is for developers only.

Competitive Bid Selection Process

Broward County, through the administration of the State Housing Initiatives Partnership (SHIP) Program*, will make funds available through a separate competitive bid process. Notice will be advertised in a newspaper of general circulation announcing the County's request for proposal, letter of interest or quotes (RFP/RLI/RFQ). The notice will state the application procedures and application deadline.

The Rental Acquisition and Rehabilitation provides financial assistance to owners of rental properties in the form of a 15-year deferred payment loan for the purpose of acquisition, rehabilitation or a combination of acquisition and rehabilitation. Rehabilitated units are to be occupied by eligible families upon completion or rehabilitation.

(*) The purpose of the SHIP Program is to assist in meeting specific housing needs of very-low, low and moderate income households, to expand the production and preservation of affordable housing.