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INDIAN RIVER COUNTY, FLORIDA MEMORANDUM TO: Jason E. Brown, County Administrator Through: Stan Boling, AICP Community Development Director FROM: Sasan Rohani, AICP Chief, Long -Range Planning DATE: November 17, 2017 SUBJECT: Consideration of Revised Indian River County Local Housing Assistance Plan for Fiscal Years 2018-2019, 2019-2020, and 2020-2021 It is requested that the data herein presented be given formal consideration by the Board of County Commissioners at its regular meeting of December 5, 2017. DESCRIPTION AND CONDITIONS Pursuant to the requirements of Section 420.907, F.S., and Rule 67-37.005, Florida Administrative Code (FAC), the Board of County Commissioners approved the county's first Local Housing Assistance Plan (Ordinance #93-13) on April 6, 1993. Subsequently, the Florida Housing Finance Corporation (FHFC) approved the county's plan and authorized the disbursement of State Housing Initiatives Partnership (SHIP) Program funds. According to Rule 67-37.005(2), Florida Administrative Code, all local governments receiving SHIP funds must every three years submit a new Local Housing Assistance Plan (LHAP) to the Florida Housing Finance Corporation (FHFC). Accordingly, the county's plan was revised and submitted to the FHFC in 1994, 1997, 2000, 2003, 2006, 2009, 2012, and 2015. Those plans were approved by the FHFC. In 2015, the Board of County Commissioners approved the county's current 3 year plan. Subsequently, the FHFC approved the county's plan and authorized the disbursement of SHIP funds until June 30, 2018. Now, the county must submit a new 3 year plan for FY 2018-2019, FY 2019- 2020, and FY 2020-2021 to the FHFC by May, 2018. • SHIP Program Activity Since its initial adoption in 1993, the county's Local Housing Assistance Plan has been successful mi directing assistance to eligible households within the county. The attached table (attachment 41) p119 1