Sarasota Housing Funding Corporation
The formation of the Sarasota Housing Funding Corp (SHFC) as a 501c3 affiliate of the Sarasota Housing Authority (SHA) was a major step in the entrepreneurial growth and vision of SHA. While SHA qualifies as a 501c1 governmental non-profit, it is not eligible for the same funding sources as a 501c3. It is for that reason that SHA decided to create its first 501c3, the Sarasota Housing Funding Corp.
HUD has encouraged housing authorities to create non-profit affiliates to expand the potential funding sources needed to develop and expand the supply of affordable housing in their jurisdiction as well as to expand services for our residents.
SHFC has partnered with the City of Sarasota and Sarasota County governments to develop and/or acquire 67 affordable apartments and homes in Sarasota that are owned and managed by SHFC and leased to low and very-low income families. SHFC is now looking to continue addressing affordable housing challenges locally. These housing needs and challenges should be community efforts addressed through community partnerships, not just depending on HUD subsidy, which has seen real reductions over the last ten years.
SHFC’s mission is to expand the supply of affordable housing in Sarasota
and raise funds to support services and programs to enhance the lives of our Sarasota Housing residents.
SHFC is proud to have a profile on The Giving Partner website. The Community Foundation of Sarasota County oversees The Giving Partner website and works in partnership with nonprofits creating and updating profiles. Nonprofits with published profiles have made a commitment to transparency by answering questions about their results, leadership, needs and financial history.
The 2020 Giving Challenge is coming up on April 28-29, 2020, from noon-noon. We hope that you will once again join us in this challenge and #BeTheOne to help us say “YES” to the children who have heard “NO” for much of their lives.
Funds raised go directly to purchase gift cards for the children to shop with a Sarasota Police Officer for holiday presents at SHA’s Annual Shop with a Cop Event. The event serves to build community and mutual respect between law enforcement and SHA’s children and families.
All donations, from each unique donor, up to $100 will be matched (doubled) through the generosity of The Patterson Foundation! So please visit Sarasota Housing Funding Corporation's donation page to donate and to see your contribution multiplied at the Giving Challenge website during this unique giving opportunity!
Look for #Givingchallenge2020 #BeTheOne on social media. There is no limit to the matching dollars, so matching funds will not run out!
"The 2020 Giving Challenge is presented by the Community Foundation of Sarasota County with giving strengthened by The Patterson Foundation."