Title
American Rescue Plan Act of 2021 - Low Income Housing Tax Credit (LIHTC) award recommendation.
Recommended Action
Staff and the Loan Review Committee recommend that the Board of County Commissioners offer $340,000 from the Indian River County Low Income Housing Tax Credit (LIHTC) program as a matching contribution to the HTG Vero Shores project proposed by the Housing Trust Group, LLC on the condition that it is formally selected as a 9% LIHTC awardee (2022-201 RFA).