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CERTIFICATION TO
FLORIDA HOUSING FINANCE CORPORATION
Name of Local Government : Indian River County Florida
( 1 ) The local government will advertise the availability of SHIP funds pursuant to Florida Statutes .
(2) All SHIP funds will be expended in a manner which will ensure that there will be no
discrimination on the basis of race , creed , religion , color, age , sex, familial or marital status,
handicap , or national origin .
(3 ) A process for selection of recipients for funds has been developed .
(4 ) The eligible municipality or county has developed a qualification system for applications for
awards .
( 5 ) Recipients of funds will be required to contractually commit to program guidelines .
( 6) The Florida Housing Finance Corporation will be notified promptly if the local government (or
interlocal entity) will be unable to comply with the provisions the plan .
( 7 ) The Local Housing Assistance Plan shall provide for the expenditure of SHIP funds within 24
months following the end of the State fiscal year in which they are received .
( 8) The plan conforms to the Local Government Comprehensive Plan , or that an amendment to the
Local Government Comprehensive Plan will be initiated at the next available opportunity to insure
conformance with the Local Housing Assistance Plan .
(9 ) Amendments to the approved Local Housing Assistance Plan shall be provided to the Corporation
within 21 days after adoption .
( 10) The trust fund shall be established with a qualified depository for all SHIP funds as well as
moneys generated from activities such as interest earned on loans .
( 1 1 ) Amounts on deposit in the local housing assistance trust fund shall be invested as permitted by
law .
( 12) The local housing assistance trust fund shall be separately stated as a special revenue fund in the
local governments audited financial statements , copies of the audits will be forwarded to the
Corporation as soon as available .
( 13 ) An interlocal entity shall have its local housing assistance trust fund separately audited for each state fiscal
year , and the audit forwarded to the Corporation as soon as possible .
( 14) SHIP funds will not be pledged for debt service on bonds or as rent subsidies .
( 15 ) Developers receiving assistance from both SHIP and the Low Income Housing Tax Credit ( LIHTC)
Program shall comply with the income , affordability and other LIHTC requirements, similarly , any units
receiving assistance from other federal programs shall comply with all Federal and SHIP program
requirements .
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( 16) Loans shall be provided for periods not exceeding 30 years , except for deferred payment loans or loans that
extend beyond 30 years which continue to service eligible persons .
( 17) Rental Units constructed or rehabilitated with SHIP funds shall be monitored at least annually for 15 years
for compliance with tenant income requirements and affordability requirements or as required in Section
420 . 9075 (3 )(e)
( 18) The Plan meets the requirements of Section 420 - 907 -9079 FS , and Rule Chapter 67 - 37 FAC , and
how each of those requirements shall be met.
( l 9 ) The provisions of Chapter 83 -220 , Laws of Florida has or .. has not been implemented .
( note : Miami Dade County will check " has ")
v
Witness Chief Ele ed Official or designee
Gary C . Wheeler, Chairman
Board of County Commissioners
Type Name and Title
r
Witness +G ,..•• •'
`
December 6 , 2011
Date
ROVED AS TO FORM
ID LEGAL UFF E
13Y
WILL M K . DEB
DEPUTY COUNTY ATTORNEY
Attest : Jeffrey K . Barton,
Clerk of the Circuit Cou
( Sea
F : ACommunity Development\ SHIP\AHAC\AHAC - LHAP1an2012 . doc
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