No funding comes from local property taxes or revenues. New and existing homes have been purchased throughout the county. The SHIP funds assist with down payment and closing costs, principal buy downs, and below market interest rates. Clay County SHIP and the Clay County Agriculture Office offer four classes to SHIP applicants and others. The classes address such subjects as home maintenance inside and out and how to prepare a first time home buyer for the purchase of a home.
All classes are free to the participants.
Clay County SHIP, Clay County Habitat for Humanity, Inc., and the Clay County School Board have formed a partnership. This partnership results in new houses being built for families who are very-low or low income. Clay County high school students are involved in the construction of the houses which are built at the various county high schools and then the houses are moved to permanent locations throughout the county. The students learn valuable training and knowledge in the construction field plus the cost of construction is reduced and passed on to the homebuyer. One example of this is SHIP's participation in the construction of Quigley House.