HomeMy WebLinkAbout2026-051A TRUE COPY
CERTIFICATION ON LAST PAGE
RYAN L. BUTLER, CLERK
Exhibit D
67-37.005(1), F.A.C.
2026
14 'o(J1I0A 2O -OSI
CERTIFICATION TO
FLORIDA HOUSING FINANCE CORPORATION
Local Government or Interlocal Entity:
Certifies that:
Indian River County
(1) The availability of SHIP funds will be advertised pursuant to program requirements in 420.907-
420.9079, 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, color, national origin, sex, handicap, familial status, or
religion.
(3) A process to determine eligibility and for selection of recipients for funds has been
developed.
(4) Recipients of funds will be required to contractually commit to program guidelines and loan
terms.
(5) Florida Housing will be notified promptly if the local government /interlocal entity will be
unable to comply with any provision of the local housing assistance plan (LHAP).
(6) The LHAP provides a plan for the encumbrance of funds within twelve months of the end of the
State fiscal year in which they are received and a plan for the expenditure of SHIP funds
including allocation, program income and recaptured funds within 24 months following the end
of the State fiscal year in which they are received.
(7) The LHAP 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 LHAP.
(8) Amendments to the approved LHAP shall be provided to the Florida Housing for review and/or
approval within 21 days after adoption.
(9) The trust fund exists with a qualified depository for all SHIP funds as well as program income or
recaptured funds.
(10) Amounts on deposit in the local housing assistance trust fund shall be invested as permitted by
law.
A TRUE COPY
CERTIFICATION ON LAST PAGE
RYAN L. BUTLER, CLERK
Exhibit D
67-37.005(1), F.A.C.
2026
(11) The local housing assistance trust fund shall be separately stated as a special revenue fund in the
local governments audited financial statements (ACFR). An electronic copy of the ACFR or a
hyperlink shall be provided to Florida Housing by June 30 of the applicable year.
(12) Evidence of compliance with the Florida Single Audit Act, as referenced in Section 215.97, F.S.
shall be provided to Florida Housing by June 30 of the applicable year.
(13) SHIP funds will not be pledged for debt service on bonds.
(14) 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.
(15) 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 serve eligible persons.
(16) Rental Units constructed or rehabilitated with SHIP funds shall be monitored for compliance
with tenant income requirements and affordability requirements or as required in Section
420.9075 (3)(e). To the extent another governmental entity provides periodic monitoring and
determination, a municipality, county or local housing financing authority may rely on such
monitoring and determination of tenant eligibility.
(17) The LHAP meets the requirements of Section 420.907-9079
(18) Thep visi ns of Chapter 83-220, Laws of Florida have not
Mi d County).
Witnes i Chief Elected C
Witness
August 18, 2026
Date
OR
Attest:
Deryl Loar, Chairman
Type Name and Title
APPROVED AS TO FORM
AND GA FICIENCY
BY
CHRIS10PIER A. HICKS
ASSISTAN UNTY ATTORNEY
(Seal)
;7 FAC.
for
2 Attest: Ryan L. Butler, Clerk of
Circuit Court and Comptroller
By:
Deputy Clerk
A TRUE COPY
CERTIFICATION ON LAST PAGE
RYAN L. SUTLER, CLERK
Exhibit E
67-37.005(1), F.A.C.
2026
RESOLUTION #: 2026-051
A RESOLUTION OF THE BOARD OF COUNTY COMMISIONERS 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 MAYOR 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; 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(19), 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.
WHEREAS, the Economic and Community Development Department has prepared a three-year Local
Housing Assistance Plan for submission to the Florida Housing Finance Corporation; and
STATE OF FLORIUA
INDIAN RNER COUNTY
THIS IS TO CERTIFY THAT THIS IS ATRUE AND CORRECT
COP F THE 0 IGINAL I FILE I I THIS OFFICE.
BY A D.C.
DATE `
Exhibit E
67-37.005(1), F.A.C.
2026
WHEREAS, the Commission finds that it is in the best interest of the public for the Indian River County
to submit the Local Housing Assistance Plan for review and approval so as to qualify for said documentary stamp
tax funds; and
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 approves 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 2026-2027, 2027-2028, 2028-2029.
Section 2: The Chairman, 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
PASSED AND ADOPTED THIS 18th DAY OF August
Deryl" Loar
Chairman
ATTEST: Ryan L. Butler, Clerk of the Circuit Court and Comptroller
By:
Clerk
Approved as to form
and legal sufficiency:
By:
Chns oph r Hi ks
Assistant ty Attorney