HomeMy WebLinkAbout2024-043RESOLUTION 2024- 043
A RESOLUTION OF THE BOARD OF COUNTY
COMMISSIONERS OF INDIAN RIVER COUNTY,
FLORIDA, APPROVING PAYMENT STANDARDS
FOR BEGINNING FISCAL YEAR 2025 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%), one hundred twenty percent (120%) for reasonable
accommodation, 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%), one hundred twenty percent (120%) for reasonable
accommodation, of the Fair Market Rent; and
WHEREAS, the Indian River County Board of County Commissioners requires an
adjustment to adopt the Housing Choice Voucher Section 8 Program Payment Standards,
effective October 1, 2024, and these standards are set between ninety percent (90%) and one
hundred ten percent (110%), one hundred twenty percent (120%) for reasonable accommodation,
of the Fair Market Rent, 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:
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%), one hundred twenty
percent (120%) for reasonable accommodation, of Fair Market Rent for beginning Fiscal Year
2025 as set forth below:
Efficiency One -Bedroom Two -Bedroom Three -Bedroom Four -Bedroom
$1,239 $1,370 $1,567 $1,948 $2,601
RESOLUTION 2024- 043
The foregoing Resolution was offered by Commissioner Joseph E• Flescher and
seconded by Commissioner I' m Nbss , and, upon being put to a vote, the vote was as
follows:
Chairman Susan Adams
AYE
Vice Chairman Joseph E. Flescher
AYE
Commissioner Joseph H. Earman
AYE
Commissioner Deryl Loar
AYE
Commissioner Laura Moss
AYE
The Chairman thereupon declared the Resolution duly passed and adopted this 10th
day of Septsrbw , 2024.
INDIAN RIVER COUNTY, FLORIDA
BOAIM OF COUNTY CDm 5—sTbN
M.
Adams, Chairman
Attest: Ryan L. Butler, Clerk of • .
Court and Comptroller • • �o�;t� *c o nr""iy�s��o
*•. \ '•FNS`
By
Deputy Cle
n,
Ap oved:
ohn A. Titkanich, Jr.
County Administrator
Approved as to form and legal
suffic' nc
/`11'
us Prado
Deputy County Attorney