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2003-026
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Last modified
1/17/2023 12:53:10 PM
Creation date
9/30/2015 5:00:39 PM
Metadata
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Template:
Resolutions
Resolution Number
2003-026
Approved Date
03/11/2003
Resolution Type
Housing
Entity Name
Florida Housing Finance Corp.
Subject
Approve Local Housing Assistance Plan SHIP Program
Fiscal Year 2003-04, 2004-05, 2005-06
Archived Roll/Disk#
2746
Supplemental fields
SmeadsoftID
2366
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Advertisement shall list the expected amount <br />of funds to be available for the commencing <br />fiscal year; and <br />ii. General publicity flyers, describing the <br />IRCLHAProgram and listing the expected.amount <br />of funds to be available for the commencing <br />fiscal year, shall be distributed to local <br />organizations for distribution to the general <br />public. The local organizations shall <br />include, but not be limited to, church <br />organizations, financial institutions, <br />realtors, the Chamber of Commerce, and <br />contractors. <br />b. Additional methods of dispensing information <br />concerning the IRCLHAProgram may be utilized in <br />promoting public awareness and participation in the <br />IRCLHAProgram. Such methods may include, but shall <br />not be limited to, conducting seminars on the <br />program for representatives of local organizations <br />and the general public and the provision of public <br />service announcements. Those. methods may also <br />include educational efforts conducted by the Indian <br />River County affordable housing partnership group. <br />C. Funding for advertisements and notices to promote <br />public awareness of the IRCLHAProgram shall be <br />provided from the Indian River County Local Housing <br />Assistance Trust Fund (IRCLHATF) as a part of the <br />IRCLHAProgram's general administration and <br />implementation activities. <br />2. Housing. Unit Occupancy <br />All assistance provided through the IRCLHAProgram and the <br />Indian River County. Local Housing Assistance Trust. Fund <br />(IRCLHATF) shall be provided consistent with the following <br />requirements: <br />a. One hundred percent (1000) of all housing units <br />receiving assistance shall be occupied by <br />households which are classified as very low-, low - <br />or moderate -income households at the time of <br />initial occupancy of the assisted housing unit. <br />However, the income of eligible persons, following <br />initial occupancy of the assisted housing unit, may <br />increase and exceed the limits established for very <br />low-, low- or moderate -income households. <br />b. A minimum of thirty percent (300) of the funds must <br />be utilized by households which are classified as <br />7 <br />
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