Laserfiche WebLink
14. Developers receiving assistance from both SHIP and the Low <br />Income Housing Tax Credit (LIHTC) program shall comply with <br />the income, affordability and other LIHTC program <br />requirements, similarly, any units receiving assistance from <br />other federal programs shall comply with all Federal and SHIP <br />program requirements. <br />15. Loans shall be provided for periods not exceeding 30 years, <br />except for deferred payment loans or loans that extend beyond <br />30 years which continue to service eligible persons. <br />16. Rental units constructed or rehabilitated with SHIP funds <br />shall be monitored at least annually for 15 years for <br />compliance with tenant income requirements and affordability <br />requirements. <br />17. The document being submitted is the Indian River County Local <br />Housing Assistance Plan and all provisions of the plan conform <br />to the requirements of Sec. 420.9072, F.S., and Chapter 9I-37, <br />F.A.C. <br />Witness <br />Commissioner Kenneth R. Macht <br />Chairman. Board of County Commissioners <br />Witness Name and Title <br />Atte! J.R. BARTON <br />(seal) CL GIRGUIT <br />u\v\h^\1 an66.trn <br />70 <br />August 17, 1999 <br />Date <br />M <br />