Resolution 327-1996
RESOLUTION NO. 3'27 1996
A RESOLUTION OF THE MONROE COUNTY BOARD
OF COUNTY COMMISSIONERS APPROVING THE
SET-ASIDE OF HOME AND/OR SHIP PROGRAM
FUNDS IN COMPLIANCE WITH STATE AND
FEDERAL REGULATIONS AS REQUIRED FOR
MULTI-FAMILY RENTAL AND HOMEOWNERSillP
PROJECTS/SITE SPECIFIC USE UNDER THE
SPONSORSillP OF THE MONROE COUNTY
HOUSING AUTHORITY AND MONROE COUNTY
HOUSING FINANCE AUTHORITY.
WHEREAS, The Monroe County Housing Authority Plan 2000
proposes a number of rental and homeownership Affordable Housing
Initiatives, and
WHEREAS, The Monroe County Housing Authority and Monroe
County Housing Finance Authority in order to insure affordability will be
required to act as a developer in order to implement a number of the Plan
2000 initiatives, and
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WHEREAS, there are presently no private sector ~1ies ~sent1iY
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developing affordable housing in the County, and ' ", z c
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WHEREAS, the development of Affordable Housing-<~ghtain~ert~
risks and a set-aside of Program Funds is necessary to insure 1ts Succea:s, antiS
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WHEREAS, the time frames required to meet StateIFederal
Affordable Housing Application requirements seldom exceeds 60 days which
precludes the ability to obtain County Commission and Land Authority
approval.
NOW, THEREFORE, BE IT RESOLVED, The Board of County
Commissioners of Monroe County in support of Affordable Housing hereby
approves the Set-aside of HOME and/or SillP Program Funds in compliance
with State and Federal Regulations as required for Multi-Family Rental and
Homeownership Projects/Site Specific Use under the sponsorship of The
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Monroe County Housing Authority ~d Monroe County Housing Finance
Authority .
This resolution shall become effective immediately upon adoption by the
Commission, by the Presiding Officer and Clerk.
PASSED AND ADO~TED b~J~~PaOfId ~fCoun?, Commissioners of
Monroe County, Flonda at a n;}~' d~ ". meetmg of said Board held on the
16th of AugustA.D. 1996.
BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNTY, FLORIDA
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BY: oJ j Y./L
Mayor/Cha'
Mayor Freeman
Mayor Pro Tern London
Commissioner Douglass
Commissioner Harvey
Commissioner Reich
yes
y~s
yes
yes
yes
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Danny Ko age, rk hi' Court -
ResohltiOB HomeISbip
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