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1997-016
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1997-016
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Last modified
10/25/2015 11:43:46 PM
Creation date
9/1/2015 2:15:04 PM
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Resolutions
Resolution Number
1997-16
Approved Date
03/11/1997
Resolution Type
Revised Local Housing Assistance Plan
Subject
State Housing Initiatives Partnership Program (SHIP)
Fiscal year 1999-2000
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i <br /> 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 /> Commissioner Car yn K. Eggert <br /> Chairman, Board of County Commissioners <br /> fitness Name and Title <br /> 3/11 /97 <br /> Date <br /> OR <br /> Indian River Cn Approved Date <br /> j Admin. <br /> Legal <br /> Budgel p� �Q— <br /> AttestJW Ir C' <br /> Dept. .Z <br /> VA 4'-haplan66. n <br /> 51 <br />
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