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2006-046
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Last modified
5/30/2017 12:27:25 PM
Creation date
9/30/2015 4:36:13 PM
Metadata
Fields
Template:
Resolutions
Resolution Number
2006-046
Approved Date
04/04/2006
Agenda Item Number
7.W.
Resolution Type
Housing Assistance
Entity Name
State Housing Initiative Partnership Program (SHIP)
Subject
County's Local Housing Assistance Plan
FY 2006,2007,2008,2009
Archived Roll/Disk#
3129
Supplemental fields
SmeadsoftID
1836
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CERTIFICATION TO <br />FLORIDA HOUSING FINANCE CORPORATION <br />Name. of Local Government: Indian River County, Florida <br />Exhibit D <br />(1) The local government will advertise the availability of SHIP funds pursuant to Florida <br />Statutes. <br />(2) All SHIP funds will be expended in a manner which will insure that there will be no <br />discrimination on the basis of race, creed, religion, color, age, sex, familial or marital <br />status, 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 <br />government (or 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 <br />24 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 <br />the Local Government Comprehensive Plan will be initiated at the next available opportunity <br />to insure conformance with the Local Housing Assistance Plan. <br />(9) <br />Amendments to the approved Local Housing Assistance Plan shall be provided to the <br />Corporation with in 21 days after adoption. <br />(10) The trust fund shall be established with a qualified depository for all SHIP funds as well <br />as moneys generated from activities such as interest earned on loans. <br />(11) Amounts on deposit in the local housing assistance trust fund shall be invested as permitted <br />by law. <br />(12) The local housing assistance trust fund shall be separately stated as a special revenue. fund in <br />the local governments audited financial statements, copies of the audits will be forwarded to <br />the Corporation as soon as available. <br />13) An interlocal entity shall have its local housing assistance trust fund separately audited <br />for each state fiscal year, and the audit forwarded to the Corporation as soon as possible. <br />1 <br />October 2003 <br />
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