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HomeMy WebLinkAbout2019-071RESOLUTION 2019- 071 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, APPROVING PAYMENT STANDARDS FOR BEGINNING FISCAL YEAR 2020 FOR THE HOUSING CHOICE VOUCHER PROGRAM. WHEREAS, Indian River County is considered a Program Housing Agency (PHA) by the United States Department of Housing and Urban Development (the Department) as the County administers the Housing Choice Vouchers (HCV) program County -wide for all residents (formerly known as Section 8 Housing); and WHEREAS, the Department annually publishes the Fair Market Rent (FMR) in the Federal Register to be used by Program Housing Agencies such as Indian River County; and WHEREAS, Department regulations mandate all Program Housing Agencies that administer Housing Choice Vouchers adopt these Payment Standards between ninety percent (90%) and one hundred ten percent (110°/x) of the Fair Market Rent established by the Department; and WHEREAS, the Indian River County Board of County Commissioners has adopted the Housing Choice Voucher Program current Payment Standards set between ninety percent (90%) and one hundred ten percent (110%) of the FMR; and WHEREAS, the Indian River County Board of County Commissioners requires an adjustment to adopt the Housing Choice Voucher Program Payment Standards, effective October 1, 2019, and these standards are set between ninety percent (90%) and one hundred ten percent (110%) of FMR; and WHEREAS, HUD regulations require annual adoption and approval of Payment Standard Amounts, NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA THAT: 1. The Board hereby adopts and approves the adjustment of the Payment Standard amounts to be within ninety percent (90%) and one hundred ten percent (110%) of Fair Market Rent for beginning Fiscal Year 2020 as set forth below: Efficiency One -Bedroom Two -Bedroom Three -Bedroom Four -Bedroom $729 $938 $1,018 $1,258 $1,462 RESOLUTION 2019- 071 The foregoing Resolution was offered by Commissioner Flescher and seconded by Commissioner o' Bryan and, upon being put to a vote, the vote was as follows: Chairman Bob Solari AYE Vice Chairman Susan Adams AYE7 Commissioner Joseph E. Flescher AYE Commissioner Peter D. O' Bryan AYE Commissioner Tim Zorc AYE The Chairman thereupon declared the Resolution duly passed and adopted this 17th day of September, 2019. Attest: Jeffrey R. Smith, Clerk of Court and Comptroller By JVJ )aJJW Deputy Clerk Approved: Jason rown Count A ministrator Approved as to form and legal sufficiency: Wiliam K. DeBraal Deputy County Attorney INDIAN RIVER COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS ,.,.....,, By sem/ f� Bob Solari,