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RESOLUTION NO 2012- 019 <br />A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER <br />COUNTY, FLORIDA APPROVING THE COUNTY'S REVISED LOCAL HOUSING <br />ASSISTANCE PLAN <br />WHEREAS, Chapter 420, Florida Statutes, describes the State Housing Initiative Partnership (SHIP) <br />Program and states that the principal objective of that program is to increase the amount of affordable housing <br />within the State of Florida; and <br />WHEREAS, the Indian River County Board of County Commissioners, on April 6, 1993, approved <br />Ordinance Number 93-13, establishing the county's first Local Housing Assistance Program; and <br />WHEREAS, the current Local Housing Assistance Plan adequately addresses the county's affordable <br />housing needs; and <br />WHEREAS, the county has determined that minor changes to the 10 year impact fee loan strategy and 10 <br />year rehabilitation loan strategy are needed to allow for SHIP loans to be used in conjunction with CDBG projects; <br />and <br />WHEREAS, the Board of County Commissioners, on March 13, 2012, considered the revised Indian River <br />County Local Housing Assistance Plan. <br />NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Indian <br />River County, Florida that: <br />Section 1. <br />The above recitals are ratified in their entirety <br />Section 2. <br />The attached revised Indian River County Local Housing Assistance Plan is hereby approved by the Board <br />of County Commissioners. <br />