St. Lucie County, FL
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Housing Finance Authority
The St. Lucie County Housing Finance Authority was established by the St. Lucie County Board of County Commissioners on July 22, 1980 via Ordinance No. 80-3 in accordance with the Florida Housing Finance Authority Law, Florida Statute 159-601, Part IV.
A local Housing Finance Authority is an agency or organization established at the local level, typically by a city, county, or regional government, with the primary goal of providing affordable housing options and promoting homeownership within the community. Housing Finance Authorities operate under state and federal regulations and are authorized to issue tax-exempt bonds or use other financial mechanisms to fund affordable housing initiatives. Local housing finance authorities play a crucial role in addressing housing affordability issues within their communities. By providing financial assistance and supporting affordable housing projects, they contribute to reducing homelessness, improving the overall quality of life, and fostering sustainable communities.
The St. Lucie County Housing Finance Authority service boundaries encompass all of St. Lucie County.
Resolution No. 80-65 - A Resolution Declaring the Need for a Housing Finance Authority