For SHIP Team Review

SHIP helps families
buy the home.

Keepingly helps
families keep it.

Post-purchase engagement — completing the SHIP homeownership model after closing

Permanently AffordableInnovativeResilient

Daniel Smith · Keepingly · daniel@keepingly.co

Context

Florida already built a strong front-end system

Florida's SHIP program is exceptionally strong at getting families to closing — with mature local administration, statewide Coalition support, and proven purchase assistance tools.

01

Counseling

Pre-purchase education and guidance

02

Qualification

Eligibility and readiness

03

Assistance

Access SHIP funds

04

Closing

Finalize purchase

"The SHIP program has assisted in the development or preservation of approximately 94,000 units with approximately $676 million in expended funds — distributed to all 67 counties and 55 cities in Florida."

— St. Johns County SHIP Annual Report / Florida Housing Finance Corporation

The Structural Gap

Today, the system ends at closing

Without a structured third phase, SHIP relies on good intentions after the keys are handed over.

1

Reactive calls only — homeowner reaches back when something breaks. No proactive touchpoint.

2

No early-warning structure — no systematic way to intervene before a small issue becomes a crisis.

3

Records fragment — repair receipts and maintenance history scatter, leaving no durable record.

4

File loses continuity — strong programs still lose visibility once the transaction is complete.

Harvard JCHS, 2023

1 in 3

low-income homebuyers faces repair costs they cannot afford after closing

28%

of lowest-income homeowners spend nothing on home maintenance

The Solution

Keepingly is the missing Phase 3 infrastructure

Not another home app. The record layer for housing after closing — persistent, homeowner-controlled, and shareable over time.

Before

Counseling, closing packet, one-time assistance. Record stops. No continuity after keys are handed over.

After — with Keepingly

Address-level home record, maintenance tracking, document storage, expense tracking, ongoing support. The system continues after closing.

"Provide the assistance needed to support long-term affordability." Post-close engagement is not a nice extra — it is protection for the original affordability intervention.

— SHIP program guidance

What Keepingly provides

Address-level home record
Maintenance + task tracking
Document storage
Expense tracking
Ongoing homeowner support
Partner visibility into homeowner health

Live proof: RNHS

A structured, long-term cohort partnership — homeowner subscriptions underwritten directly by RNHS. Fully operational.

Financial Model

The value case — interactive by jurisdiction

SHIP allocation

$2.5M

Capital deployed

Households

139/yr

Avg $18K assist

Post-close value exposed

$825K

33% exposure

Value engine (midpoint)

$619K/yr

Post-attribution, base

Net annual stewardship benefit

$544K/yr

Annual allocation ($M)$2.5M
Avg assistance / household ($K)$18K
Post-close exposure rate (%)33%
Keepingly annual cost ($K)$75K
Conservative
$495K/yr

6.6x stewardship return

Base case
$619K/yr

8.3x stewardship return

Optimistic
$743K/yr

9.9x stewardship return

5-year gross value vs. Keepingly cost

Value Cost

$3.1M vs $375K

Illustrative model for strategic planning. Modeled stewardship return = value engine ÷ Keepingly cost. Sources: FHFC, OPPAGA Report 25-07, Harvard JCHS 2023.

Implementation

How a SHIP jurisdiction adopts this

Simple, sponsor-backed, and easy to map to existing administrator workflow — no changes to core operations.

1

Introduce in homebuyer education

Homebuyers learn about their post-close record tool during counseling sessions.

2

Reinforce at closing

Closing becomes a natural activation moment. The homeowner's ongoing record starts here.

3

Activate sponsor-funded access

Local partners — lenders, nonprofits, employers — underwrite homeowner subscriptions. No cost to administrator or homebuyer.

4

Engage post-close

Structured touchpoints replace reactive calls. Homeowners are supported proactively in the first critical years.

5

Create repeatable continuity

The model scales cohort to cohort. Each new class of buyers enters the same durable post-close framework.

The model is proven.

The economics are in place.

Coalition-aligned

Built on the REPAIR framework priorities the Coalition is already elevating — Permanently Affordable, Innovative, Resilient.

Post-purchase engagement

A structured, durable third phase that closes the gap after closing — no changes to core SHIP operations.

Sponsor-backed

A member benefit model with no added cost to administrators or homebuyers. Lenders, nonprofits, employers fund access.

Live proof: RNHS

A real, running sponsorship cohort — fully operational. Proof that the model works in practice.

Daniel Smith · Keepingly · daniel@keepingly.co

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