Laserfiche WebLink
A RESOLUTION OF THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, <br />FLORIDA, AMENDING RESOLUTION 2018-085 AND <br />APPROVING PAYMENT STANDARDS FOR <br />BEGINNING FISCAL YEAR 2019 FOR THE <br />HOUSING CHOICE VOUCHER PROGRAM. <br />WHEREAS, Indian River County is considered an HCV Program Housing <br />Agency by the United States Department of Housing and Urban Development (the <br />Department) as the County administers the Housing Choice Vouchers (HCV) Program <br />County -wide for all residents (formerly known as Section 8 Housing); and <br />WHEREAS, the Department annually publishes the Fair Market Rent (FMR) <br />Payment Standards in the Federal Register to be used by Program Housing Agencies <br />such as Indian River County; and <br />WHEREAS, Department regulations mandate all HCV Program Housing <br />Agencies that administer Housing Choice Vouchers adopt these Payment Standards <br />between ninety percent (90%) and one hundred ten percent (110%) of the Fair Market <br />Rent established by the Department; and <br />WHEREAS, the Indian River County Board of County Commissioners has <br />adopted the Housing Choice Voucher Program current Payment Standards set between <br />ninety percent (90%) and one hundred ten percent (110%) of the FMR; and <br />WHEREAS, the Indian River County Board of County Commissioners requires <br />an adjustment to adopt the Housing Choice Voucher Section 8 Program Payment <br />Standards and these standards are set between ninety percent (90%) and one hundred <br />ten percent (110%) of FMR, and <br />WHEREAS, the County amends Resolution 2018-085 to correct the Fiscal Year <br />2019 Payment Standard amount for the Fair Market Rent for Three Bedrooms only, and <br />the remaining terms of the resolution are unchanged, <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA: <br />1. The Board hereby adopts and approves the adjustment of the Payment Standard <br />amounts to be within ninety percent (90%) and one hundred ten percent (110%) of Fair <br />Market Rent for beginning Fiscal Year 2019 as set forth below: <br />Efficiency One -Bedroom Two -Bedroom Three -Bedroom Four -Bedroom <br />$678 $842 $961 $1,217 $1,392 <br />77 <br />