HomeMy WebLinkAbout2009-121RESOLUTION 2009-121
RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER
COUNTY, FLORIDA, SUPPORTING ELIMINATION OF THE CAP ON THE STATE AND
LOCAL HOUSING TRUST FUNDS (HOUSING TRUST FUNDS) AND SUPPORTING
FULL APPROPRIATION OF THE HOUSING TRUST FUNDS FOR THE HOUSING
PROGRAMS; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, Indian River County has an obligation to provide for the housing needs of its current and
anticipated populations and assisting lower income families is dependent upon sufficient housing
assistance from federal and state programs; and
WHEREAS, the William E. Sadowski Affordable Housing Act of 1992 created a dedicated revenue
source for the state and local housing trust funds expressly and specifically to fund state and local
housing programs that assist local governments in meeting the housing needs of their population; and
WHEREAS, the Legislature enacted a cap on the Housing Trust Funds of approximately $243 million
per year, beginning in Fiscal Year 2007-2008; and
WHEREAS, this cap is currently higher than the projected revenue for the Housing Trust Funds for
fiscal years 2010-2011, 2011-2012, and 2012-2013, and therefore removal of the cap will have no
negative fiscal impact on the state budget; and
WHEREAS, housing trust fund monies are the single greatest boost to the economy, providing $7.66
million of economic impact for every $1 million of state funding, and full appropriation of housing trust
fund monies is critically needed to stimulate our local and state economy; and
WHEREAS, the umnet housing needs of low income Floridians is substantial and the downturn in the
real estate market creates opportunities for acquiring, constructing, rehabilitating, and preserving
housing to meet these needs, and these opportunities are lost without Housing Trust Fund monies.
NOW, THEREFORE, BE IT RESOLVED BY THE INDIAN RIVER COUNTY BOARD OF
COUNTY COMMISSIONERS:
Section 1. That the foregoing clauses are ratified and confirmed as being true and correct and are
made a specific part of this Resolution.
Section 2. That the Board of County Commissioners supports repeal of the cap on the Housing
Trust Funds, and urges the Governor and Legislature to adopt statutory changes during the 2010
Legislative Session to repeal the cap.
Section 3. That the Board of County Commissioners supports full appropriation of housing trust
fund monies for housing in the Fiscal Year 2010-2011 Budget.
Section 4. That the appropriate County Officials are authorized to do all things necessary and
expedient to carry out the provisions of this Resolution.
Section 5. That this Resolution shalt take effect immediately upon adoption hereof
F9Community Development\Users\CDADMIN\AGENDA\2009\Elimination of Cap on Housing Trust Funds 2009 _.doc
RESOLUTION 2009-121
The foregoing resolution was offered by Commissioner O' Bryan who moved its
adoption. The motion was seconded by Commissioner Davi s and upon being
put to a vote, the vote was as follows:
Chairman Wesley S. Davis
Vice Chairman Joseph E. Flescher
Commissioner Peter D. O'Bryan
Commissioner Bob Solari
Commissioner Gary C. Wheeler
AYE
AYE
AYE
The Chairman thereupon declared the resolution duly passed and adopted this 18th
dayof August 2009.
ATTEST: Jeffrey K. Barton
County of Indian River
BY:
Deputy Clerk
BOARD OF COUNTY COMMISSIONERS
COUNTY, O''T
_
BY•
Wesley S. ars, Chairman
Board of County Commissioners
I HEREBY CERTIFY that on this day, before me, and officer duly authorized in this State and County
to take acknowledgments, personally appeared Wesley S. Davis ,and Leona Allen , as
Chairman of the Board of County Commissioners and Deputy Clerk, respectively, to me known to be
the persons described in and who executed the foregoing instrument and they acknowledged before me
that they executed the same.
WITNESS my hand and official seal in the County and State last aforesaid this 18th day of
August , A.D., 2009
APPROVED AS TO LEGAL SUFFICIENCY
BY: L�f /i�^
William G. Collins, County Attorney
APPROVED AS TO PLANNING MATTERS
BY:
Robert M. Keating, AICP,irecto
Community Development ivisio
Notary A Ic
MISTY L. NORTON
NotarY Public • State of Florida
MY Cadm. Expires Dec 29. 2000
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