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1998-090
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3/3/2016 9:38:39 PM
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Resolutions
Resolution Number
1998-090
Approved Date
09/01/1998
Resolution Type
Amending Local Housing Assistance Plan for FY 98-99 & 99-2000
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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 fur <br /> compliance 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 /> C ssioner John W. Tippin <br /> Chairman. Board of County Commissioners <br /> Witness Name and Title <br /> Date <br /> Attes <br /> (Seal) CLERK CMrU17 COURT <br /> u\v\h\ ' ;an6I6,' rn <br /> �y <br /> 73 <br />
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