Attachment_C-_Certification_Regarding_Debarment.docx

The document "Attachment_C-_Certification_Regarding_Debarment.docx" is a certification form related to the County of Volusia's initiative to donate county-owned land for affordable housing development. The county seeks a non-profit organization to construct new affordable housing units on donated land, with a requirement to provide documentation of occupancy within 48 months of executing a written agreement. The project aims to create housing units for households at or below 120% of the area median income (AMI), with at least 51% of units targeting households at or below 80% AMI.

The housing development is subject to strict affordability restrictions, including rent and sales price limits based on Florida Housing Finance Corporation (FHFC) State Housing Initiative Program (SHIP) guidelines. The affordable housing project will have a 50-year affordability period, during which income and rent restrictions must be maintained. Developers must comply with state and local codes, obtain necessary permits, meet building standards, and adhere to nondiscrimination policies. The county encourages energy-efficient construction methods and will require periodic reporting on the development's timeline and status to the Community Assistance Division. Eligible households include those with Section 8 assistance, and specific financial criteria apply, such as front-end ratios between 22%-30% (with potential exceptions up to 35%) and back-end ratios not exceeding 50%.