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INTRODUCTION Purpose and Intent This document, titled Indian River County Local Housing Assistance Plan, outlines and provides the general guidelines, operating procedures and assistance strategies of the Indian River County Local Housing Assistance Program as established by the Indian River County Board of County Commissioners via Ordinance 93-13; pursuant to the requirements of the State of Florida State Housing Initiatives Partnership (SHIP) Program and Rule Chapter 67-37, Local Housing Assistance Plans, Florida Administrative Code (FAC). The purpose and intent of the Indian River County Local Housing Assistance Plan is to provide guidelines, operating procedures and assistance strategies to be utilized by the Indian River County Local Hosing Assistance Program in order to encourage the provision and rehabilitation of decent, affordable housing for the residents of Indian River County. The first Indian River County Local Housing Assistance Plan was approved by the Board of County Commissioners on April 6, 1993. In June, 1993, the Florida Housing Finance Corporation approved the county's plan and authorized the disbursement of funds. The county's plan was revised in 1994, 1997, 1999, and 2003. I. PROGRAM DESCRIPTION Chapter 67-37.005 F.A.C. and Section 420.9072, F.S. A. INDIAN RIVER COUNTY, FLORIDA Section 420.9072(5),F.S. Interlocal: Yes No X Name of participating local government(s) in the Interlocal Agreement; This plan is a countywide plan. Consequently, participants may reside in the unincorporated county or within any municipality in the county (City of Fellsmere, City of Sebastian, City of Vero Beach, Town of Indian River Shores, and Town of Orchid).. B. Purpose of the program: Section 420.9072, F.S. and Chapter 67- 37.005(3), F.A.C. The purpose of the program is to meet the housing needs of very low, low, and moderate -income households, to expand production of affordable housing, to preserve the existing affordable housing stock, and to further the housing element of the Indian River County Comprehensive Plan specific to affordable housing. C. Fiscal years covered by the Plan: Chapter 67-37.002,F.A.C. X 2006/2007 X 2007/2008 X 2008/2009 D. Governance: Chapter 67-37.005(3)and(5)(i)F.A.C. and Section 420.9071 (14)F.S. The SHIP Program has been established in accordance with Section 420.907- 9079, Florida Statutes and Chapter 67-37.007, Florida Administrative Code. The SHIP Program furthers the housing element of the Indian River County Comprehensive Plan. E.Local Housing Partnership: Section 420.9072(1)(a), F.S. The SHIP Program builds active partnerships between government, lax7ers, builders and developers, real estate professionals, advocates for low- income persons, and community groups. 1