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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 for <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 />Co sinner John W. Tippin <br />Wit !ss S1lairman. Bn <br />nearrl of Crnmty nmmi aa,., <br />Name and Title <br />Attes <br />(Sealt) .e <br />u\v\h\l\haplan66.trn <br />MARCH 10, 1998 <br />—61- <br />March 10 1998' <br />Date <br />600K 0 FAdL 6 zi <br />