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e � <br /> CSce GASO <br /> �Resgo * LZ ( � � Uy <br /> CERTIFICATION TO <br /> FLORIDA HOUSING FINANCE CORPORATION <br /> Name of Local Government : Indian River County Florida <br /> ( 1 ) The local government will advertise the availability of SHIP funds pursuant to Florida Statutes . <br /> (2) All SHIP funds will be expended in a manner which will ensure that there will be no <br /> discrimination on the basis of race , creed , religion , color, age , sex, familial or marital status, <br /> handicap , or national origin . <br /> (3 ) A process for selection of recipients for funds has been developed . <br /> (4 ) The eligible municipality or county has developed a qualification system for applications for <br /> awards . <br /> ( 5 ) Recipients of funds will be required to contractually commit to program guidelines . <br /> ( 6) The Florida Housing Finance Corporation will be notified promptly if the local government (or <br /> interlocal entity) will be unable to comply with the provisions the plan . <br /> ( 7 ) The Local Housing Assistance Plan shall provide for the expenditure of SHIP funds within 24 <br /> months following the end of the State fiscal year in which they are received . <br /> ( 8) The plan conforms to the Local Government Comprehensive Plan , or that an amendment to the <br /> Local Government Comprehensive Plan will be initiated at the next available opportunity to insure <br /> conformance with the Local Housing Assistance Plan . <br /> (9 ) Amendments to the approved Local Housing Assistance Plan shall be provided to the Corporation <br /> within 21 days after adoption . <br /> ( 10) The trust fund shall be established with a qualified depository for all SHIP funds as well as <br /> moneys generated from activities such as interest earned on loans . <br /> ( 1 1 ) Amounts on deposit in the local housing assistance trust fund shall be invested as permitted by <br /> law . <br /> ( 12) The local housing assistance trust fund shall be separately stated as a special revenue fund in the <br /> local governments audited financial statements , copies of the audits will be forwarded to the <br /> Corporation as soon as available . <br /> ( 13 ) An interlocal entity shall have its local housing assistance trust fund separately audited for each state fiscal <br /> year , and the audit forwarded to the Corporation as soon as possible . <br /> ( 14) SHIP funds will not be pledged for debt service on bonds or as rent subsidies . <br /> ( 15 ) Developers receiving assistance from both SHIP and the Low Income Housing Tax Credit ( LIHTC) <br /> Program shall comply with the income , affordability and other LIHTC requirements, similarly , any units <br /> receiving assistance from other federal programs shall comply with all Federal and SHIP program <br /> requirements . <br /> 8 <br />