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compliance of the unit- with current building and safety <br /> code standards is evaluated. <br /> j 7. Radian River County Local Sousing Assistance Plan <br /> (IRCLHAPlan)s The document adopted by the Indian River <br /> County Board of County Commissioners which provides the <br /> operating guidelines, procedures, and strategies of the <br /> Indian River County Local Housing Assistance Program. <br /> 8. Indian River County Local Housing Assistance Program <br /> (IRCLRAProgram) : The program established by the Indian <br /> River County Board of County Commissioners which will <br /> distributes funds contained within the Indian River <br /> County Local Housing Assistance Trust Fund in order to <br /> encourage the provision of affordable eligible housing <br /> for eligible persons in Indian River County. <br /> 9. Indian River County Local Housing Assistance Program Loan <br /> Review Comanittee (IRCLHAPLRC)s The committee which <br /> reviews submitted applications for Indian River County <br /> Local Housing Assistance Program participation after said <br /> applications have satisfied an initial application review <br /> conducted by Community Development Department staff or a <br /> third party entity identified by contract to conduct <br /> application reviews. The Committee shall consist of <br /> three members: the Indian River County Community <br /> Development Director or his designee, a financial <br /> institution representative of the Indian River County <br /> Affordable Housing Advisory Committee or his designee, <br /> and one representative member of the Indian River County <br /> Board of County Commissioners who shall serve as chairman <br /> of the Loan Review Committee. <br /> 10. Indian River County Local Housing Assistance Trust Fuad <br /> (IRCLEAT!): The fund created by the Indian River County <br /> Board of County Commissioners which holds funds received <br /> from the State of Florida SHIP Program and other local <br /> sources for distribution through the Indian River County <br /> Local Housing Assistance Program. <br /> 11. Land Hanks A method by which Indian River County may <br /> acquire residential properties to be sold or granted to <br /> eligible sponsors through the Indian River County Local <br /> Housing Assistance Program. <br /> 12. Notice of Cc ssitments The written notification issued by <br /> the Indian River County Local Housing Assistance Program <br /> indicating that an eligible sponsor has qualified to <br /> receive assistance from the Indian River County Local <br /> Housing Assistance Program. <br /> 5 <br /> L <br />