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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 />compliar.:e 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 />August 17, 1999 <br />Date <br />�- <br />IR - � M � <br />`R <br />Atteff - JX.BARTON <br />(Seal) CER' 61RCUIT COURT. <br />u\v\M'_ �lan6.tr <br />Dc <br />7n <br />