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The payment of the principal loan amount and applicable <br /> accrued interest shall be consistent with provisions <br /> identified for each assistance strategy. <br /> The amount of funds calculated by application of the <br /> repayment provision shall be paid by the selling <br /> household and redeposited into the Indian River County <br /> Local Housing Assistance Trust Fund for redistribution by <br /> the IRCLHAProgram. However, the initial transfer of <br /> title for the assisted housing unit between an eligible <br /> non-profit organization sponsor and the eligible <br /> person(s) acquiring the unit via a lease-purchase <br /> agreement shall not be considered the resale of the unit <br /> requiring repayment of the loan amount, interest amount <br /> and calculated recapture amount. <br /> The Satisfaction of Mortgage shall be executed upon <br /> payment of both the original loan/grant principal amount <br /> and its applicable accrued interest as required by the <br /> corresponding IRCLHAProgram Assistance Strategy or <br /> Strategies. <br /> 9. Data Development and Compilation <br /> The Community Development Department staff may collect <br /> and/or compile data to be utilized in analyzing the <br /> efficiency of the IRCLHAProgram, analyzing the need for <br /> affordable housing in Indian River County, developing <br /> additional assistance strategies for the IRCLHAProgram, <br /> or for improving the IRCLHAProgram. <br /> 10. IRCLHAPlan Compliance Monitoring <br /> The IRCLHAProgram shall be conducted in compliance with <br /> the Indian River County Local Housing Assistance Plan <br /> (IRCLHAPlan) and the requirements of the State of Florida <br /> State Housing Initiatives Partnership (SHIP) Program and <br /> Rule 91-37, Florida Administrative Code (FAC) . <br /> a. The Community Development Department staff shall <br /> monitor all activities conducted as part of the <br /> IRCLHAProgram for compliance with the requirements of the <br /> IRCLHAPlan and Rule 91-37 FAC. <br /> Upon determination that the IRCLHAProgram will be unable <br /> to comply with the requirements of the IRCLHAPlan or Rule <br /> 9I-37 FAC: <br /> i. The Community Development Department shall provide <br /> written notification of non-compliance to the <br /> Florida Housing Finance Agency within ten (10) <br /> 49 <br />