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1998-031
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1998-031
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Last modified
3/3/2016 8:52:25 PM
Creation date
1/4/2016 4:35:34 PM
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Resolutions
Resolution Number
1998-031
Approved Date
03/10/1998
Resolution Type
Amending County's local housing
Entity Name
Assistance Plan for FY 1997-98, FY 1998-99, FY 199-2000
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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 /> compliance with tenant income requirements and affordability I <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. i <br /> witness <br /> Com"sioner John W. Tippin <br /> 'ha rman Board of County Commiesionera <br /> witness Name and Title <br /> March 10. 1998 <br /> Date <br /> OR <br /> 1nnnplre Co ,►aorovra � Osie <br /> Attes •C� Admin '— <br /> (Se al)K7v� Legal ; <br /> (� 6uogel <br /> u\v\h\l\haplan66.trn Degl. <br /> Risk Mgr. <br /> 68 <br />
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