HomeMy WebLinkAbout2015-0502015 Exhibit E
67-37.005(1, F.A.C.
JEI' vo a ni • LO/S•079
RESOLUTION #: 2015 - n5n
A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY
FLORIDA APPROVING THE LOCAL HOUSING ASSISTANCE PLAN AS REQUIRED BY THE STATE
HOUSING INITIATIVES PARTNERSHIP PROGRAM ACT, SUBSECTIONS 420.907-420.9079,
FLORIDA STATUTES;AND RULE CHAPTER 67-37, FLORIDA ADMINISTRATIVE CODE;
AUTHORIZING AND DIRECTING THE COMMUNITY DEVELOPMENT DIRECTOR TO EXECUTE
ANY NECESSARY DOCUMENTS AND CERTIFICATIONS NEEDED BY THE STATE; AUTHORIZING
THE SUBMISSION OF THE LOCAL HOUSING ASSISTANCE PLAN FOR REVIEW AND APPROVAL
BY THE FLORIDA HOUSING FINANCE CORPORATION; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the State of Florida enacted the William E. Sadowski Affordable Housing Act, Chapter
92-317 of Florida Sessions Laws, allocating a portion of documentary stamp taxes on deeds to local
governments for the development and maintenance of affordable housing; and
WHEREAS, the State Housing Initiatives Partnership (SHIP) Act, ss. 420.907-420.9079, Florida
Statutes (1992), and Rule Chapter 67-37, Florida Administrative Code, requires local governments to develop
a one- to three-year Local Housing Assistance Plan outlining how funds will be used; and
WHEREAS, the SHIP Act requires local governments to establish the maximum SHIP funds
allowable for each strategy as shown in the attached Local Housing Assistance Plan; and
WHEREAS, the SHIP Act further requires local governments to establish an average area purchase
price for new and existing housing benefiting from awards made pursuant to the Act; The methodology and
purchase prices used are defined in the attached Local Housing Assistance Plan; and
WHEREAS, as required by section 420.9075, F.S. It is found that 5 percent of the local housing
distribution plus 5 percent of program income is insufficient to adequately pay the necessary costs of
administering the local housing assistance plan. The cost of administering the program may not exceed 10
percent of the local housing distribution plus 5% of program income deposited into the trust fund, except that
small counties, as defined in s. 120.52(17), and eligible municipalities receiving a local housing distribution
of up to $350,000 may use up to 10 percent of program income for administrative costs.
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2015 Exhibit E
67-37.005(1), F.A.C.
RESOLUTION #: 2015- 050
WHEREAS, the Indian River County Community Development Department has prepared a three-
year Local Housing Assistance Plan for submission to the Florida Housing Finance Corporation; and
WHEREAS, the Board of County Commissioners made a determination that it is in the best interest
of the Indian River County citizens to submit the Local Housing Assistance Plan for review and approval so
as to qualify for said documentary stamp tax funds; and
WHEREAS, this resolution replaces and supersedes resolution 42014-115, that was approved by the
Board on December 9, 2014.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF
INDIAN RIVER COUNTY, FLORIDA that:
Section 1: The Board of County Commissioners of Indian River County hereby approve the Local
Housing Assistance Plan, as attached and incorporated hereto for submission to the
Florida Housing Finance Corporation as required by ss. 420.907-420-9079, Florida
Statutes, for fiscal years 2015-2016, 2016-2017, 2017-2018.
Section 2: The Community Development Director, is hereby designated and authorized to execute
any documents and certifications required by the Florida Housing Finance Corporation as
related to the Local Housing Assistance Plan, and to do all things necessary and proper to
carry out the term and conditions of said program.
Section 3- This resolution shall take effect immediately upon its adoption.
The foregoing resolution was offered by Commissioner Flescher and seconded by
Commissioner Davis , and being put to a vote, the vote was as follows:
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2015 Exhibit E
67-37.005(1), F.A.C.
RESOLUTION #: 2015- 050
Chairman, Wesley S. Davis AVP
Vice Chairman, Bob Solari Aye
Commissioner, Peter D. O'Bryan Aye
Commissioner, Tim Zore AVe
Commissioner Joseph E. Flescher Aye
The Chairman thereupon declared the resolution duly passed and adopted this 21 st day of _April,
2015.
ATTEST by-,
J
APPROVED AS TO FORM AND
LEGAL SUFFICIENCY
Dylan Reingold
County Attorney
Board of County Commissioners of
Indian River County
Wesley . Davis, Chairman
�), G -
ircuit Court & Comptroller
F \Community Development\SHIP\LHAP\2015-2018 LHAP\Resolution -2015 New Format.docx
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