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2020-248
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Last modified
3/5/2021 2:22:49 PM
Creation date
12/9/2020 3:15:57 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Certificate
Approved Date
12/01/2020
Control Number
2020-248
Agenda Item Number
8.L.
Entity Name
Local Housing Assistance Plan (LHAP)
Subject
Certification to Florida Housing Finance Corporation
Revised for Fiscal Years 2021-2022, 2022-2023, and 2023-2024
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A TRUE COPY <br />CERTIFICATION ON LAST PAGE <br />J.R. SMITH, CLERK <br />CERTIFICATION TO <br />FLORIDA HOUSING FINANCE CORPORATION <br />Local Government or Interlocal Entity: Indian River County, Florida <br />Certifies that: <br />(1) The availability of SHIP funds will be advertised pursuant to program requirements in 420.907- <br />420.9079, Florida Statutes. <br />(2) All SHIP funds will be expended in a manner which will insure that there will be no discrimination <br />on the basis of race, color, national origin, sex, handicap, familial status, or religion. <br />(3) A process to determine eligibility and for selection of recipients for funds has been <br />developed. <br />(4) Recipients of funds will be required to contractually commit to program guidelines and loan <br />terms. <br />(5) Florida Housing will be notified promptly if the local government /interlocal entity will be <br />unable to comply with any provision of the local housing assistance plan (LHAP). <br />(6) The LHAP provides a plan for the encumbrance of funds within twelve months of the end of the <br />State fiscal year in which they are received and a plan for the expenditure of SHIP funds including <br />allocation, program income and recaptured funds within 24 months following the end of the State <br />fiscal year in which they are received. <br />(7) The LHAP conforms to the Local Government Comprehensive Plan, or that an amendment to the <br />Local Government Comprehensive Plan will be initiated at the next available opportunity to insure <br />conformance with the LHAP. <br />(8) Amendments to the approved LHAP shall be provided to the Florida Housing for review and/or <br />approval within 21 days after adoption. <br />(9) The trust fund exists with a qualified depository for all SHIP funds as well as program income or <br />recaptured funds. <br />(10) Amounts on deposit in the local housing assistance trust fund shall be invested as permitted by law. <br />(11) The local housing assistance trust fund shall be separately stated as a special revenue fund in the <br />local governments audited financial statements (CAFR). An electronic copy of the CAFR or a <br />hyperlink to the document shall be provided to Florida Housing by June 30 of the applicable year. <br />(12) Evidence of compliance with the Florida Single Audit Act, as referenced in Section 215.97, F.S. <br />shall be provided to Florida Housing by June 30 of the applicable year. <br />(13) SHIP funds will not be pledged for debt service on bonds. <br />
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