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Non - profit organizations or for -profit developers , eligible to <br /> participate in the local housing assistance program shall be selected <br /> according to the following criteria : <br /> • Ability to proceed with the construction or rehabilitation <br /> activities and receive a certificate of occupancy within one <br /> year of the closing transaction date <br /> • Number of units provided per year <br /> • Ability to provide maximum leverage against SHIP funds <br /> • The length of time the organization has been in Indian River <br /> County <br /> • Experience in the development of affordable housing <br /> • The non- profit organization must be an entity with current <br /> 501 ( c ) ( 3 ) tax exempt status <br /> • Priority will be given to organizations which employ <br /> personnel from the WAGES and Workforce Development <br /> Initiatives programs <br /> h . Additional Information : <br /> i . Geographic Area <br /> Impact fee / capacity charge loans may be made anywhere in <br /> the County , including all municipalities located within <br /> the County . <br /> ii . Housing Unit Classification <br /> All housing units shall be owner - occupied residences . <br /> iii . Non- Profit organizations can apply for impact <br /> fee / capacity charges loans for building affordable <br /> housing units for eligible households . <br /> iv . Impact fee loans can be given in combination with down <br /> payment closing/ cost or rehabilitation loans . <br /> 8 <br />