4/19/2018 10:54:45 AM
4/29/2016 10:31:20 AM
Official Document Type
Agenda Item Number
Florida Housing Finance Corporation
SHIP State Housing Initiatives
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'f•L1-Zo1r <br />• <br />2015 Exhibit D <br />67-37.005(1), F.A.C. <br />Effective Date: 10/14 <br />CERTIFICATION TO <br />FLORIDA HOUSING FINANCE CORPORATION <br />Local Government: Indian River County <br />(1) The local government will advertise the availability of SHIP funds pursuant to Florida <br />Statutes. <br />(2) All SHIP funds will be expended in a manner which will insure that there will be no <br />discrimination on the basis of race, creed, religion, color, age, sex, familial or marital <br />status, handicap, or national origin. <br />(3) A process for selection of recipients for funds has been developed. <br />(4) The eligible municipality or county has developed a qualification system for applications for <br />awards. <br />(5) Recipients of funds will be required to contractually commit to program guidelines. <br />(6) The Florida Housing Finance Corporation will be notified promptly if the local <br />government (or interlocal entity) will be unable to comply with the provisions the plan. <br />(7) The Local Housing Assistance Plan shall provide for the expenditure of SHIP funds within <br />24 months following the end of the State fiscal year in which they are received. <br />(8) The plan conforms to the Local Government Comprehensive Plan, or that an amendment to <br />the Local Government Comprehensive Plan will be initiated at the next available opportunity <br />to insure conformance with the Local Housing Assistance Plan. <br />(9) Amendments to the approved Local Housing Assistance Plan shall be provided to the <br />Corporation with in 21 days after adoption. <br />(10) The trust fund shall be established with a qualified depository for all SHIP funds as well <br />as moneys generated from activities such as interest earned on loans. <br />(11) Amounts on deposit in the local housing assistance trust fund shall be invested as permitted <br />by law. <br />(12) The local housing assistance trust fund shall be separately stated as a special revenue fund in <br />the local governments audited financial statements, copies of the audits will be forwarded to <br />the Corporation as soon as available. <br />1 <br />
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