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back of funds. <br />Director Keating further explained the receipt, allocation, and the anticipated pay <br />Julianne Price informed the Board that the main issue is that people in the lower <br />income category would have to wait longer if the Board approved this allocation. <br />Director Keating responded to further questions from Board members regarding <br />the drop in funds, whether foreclosures had caused a decrease in revenues, and whether this <br />action would deny anyone their fair share. <br />Board members and staff further debated how funds are allocated and the effect <br />on individuals. Director Keating added that when funds are allocated there is a potential to <br />exclude some. <br />MOTION WAS MADE by Commissioner Wheeler, <br />SECONDED by Commissioner Flescher to leave the <br />funds in the SHIP Program to help the people who <br />need assistance, and to not bring it into the Habitat <br />funds at this time. <br />Under discussion, Commissioner Flescher asked if the HOME funds were <br />guaranteed at this point, and if there were any change in surety to the Applicants. He also asked <br />if the decision being made in St. Lucie alters the timeliness of the funds to be able to apply. <br />Director Keating confirmed that there were some timeliness issues, but the <br />consortium has already been approved, and the money has been allocated. He said it is just a <br />question of when all the necessary documents will be signed and St. Lucie County gets the <br />authorization to incur expenses. <br />September 9, 2008 11 <br />