2009-075 - Laserfiche WebLink

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The local NSP representative , sub - recipient or consultant will meet with applicants and discuss the requirements of the program . This shall include providing an informational packet to the applicant . The informational packet shall include , at a minimum , a copy of the Housing Assistance Plan , Lead Based Paint warning information , application form , and other appropriate documents . All applicants will be required to complete a pre - approval application and provide all requested back up documentation required to determine their program eligibility . When requested , the applicant shall provide any additional and updated information to document changes in household income and/or composition . A list of qualified applicants will be made available to the CATF and Indian River County Board of County Commissioners with ranking criteria noted . The CATF will make recommendations to the Indian River County Board of County Commissioners for Final ranking . All program beneficiaries who will be purchasing housing units will be required to attend , at a minimum , 8 hours of approved credit counseling . The credit counseling shall be provided by a HUD certified organization prior to final approval of the beneficiary through the NSP Program . There will be no acquisition or rehabilitation of mobile homes , modular homes or other forms of manufactured housing with NSP dollars under this program . All recipients of properties purchased under the local NSP program will be required to provide proof of insurance at closing and maintain homeowners insurance including , at a minimum, fire , liability , causality and , theft insurance . The owners of all properties purchased with NSP finding that are located in a flood zone must provide proof of flood insurance at closing and maintain flood insurance for the life of the mortgage . All required insurance policies must be maintained for the length of time that the mortgage with the local government is in effect . 1 . REFIABILITATION STANDARDS Neighborhood Stabilization Program funds will be utilized to purchase foreclosed , abandoned , deed in lieu of foreclosure and/or blight properties in predetermined target areas . Residential structures purchased under this program that are not deemed beyond feasible repair ( repairs exceeding 50 % of the value of the structure ) will be rehabilitated as needed to meet the following : 1 . HUD Section 8 Housing Quality Standards ( 24CFR982 . 401 ) 2 . Local Zoning Requirements 3 . State of Florida Building Code 4 . The local building code 5 . Modern , Green Building and Energy - Efficiency Criteria