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1999-080
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1999-080
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Last modified
3/28/2019 1:30:10 PM
Creation date
10/5/2015 10:07:21 AM
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Resolutions
Resolution Number
1999-80
Approved Date
08/17/1999
Agenda Item Number
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SmeadsoftID
13862
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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 (100%) 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 as <br />follows: <br />i. For rental units: <br />(a) A very low-income person's annual <br />anticipated gross income may increase to an <br />amount not to exceed one hundred forty percent <br />(140%) of fifty percent (50%) of the median <br />income adjusted for family size for the <br />purposes of the IRCLHAProgram; <br />(b) A low-income person's annual anticipated <br />gross income may increase to an amount not to <br />7 <br />
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