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b . Following is a general application process for rehabilitation loans and grants . At the application acceptance period , each applicant receives an application number , which is given to him by the IRCLHAProgram staff in consecutive order . At the end of the application acceptance period , staff will conduct application reviews based on the first application submitted , first application to be reviewed . For incomplete applications , staff will send the applicant a letter letting him or her know what is needed to complete the application . For complete applications , staff will , through a third party , verify the household ' s income and assets . Staff then contacts the applicant to schedule an inspection with the LHAP inspector . The LHAP inspector then prepares the work write- up , which will then be sent to the applicant along with the eligibility letter , indicating the household ' s information and informing him of a specific amount of the funds is reserved for him for 45 days . The eligibility letter identifies what is needed for an application to be ready for Loan Review Committee review . Once the bids are submitted , the LHAP inspector reviews them . The applicant is then notified and comes in to sign the lower bid and then send an eligibility ( commitment ) letter to the applicant . The completed applications will then be submitted to the IRCLHAProgram Loan Review Committee ( LRC ) based on first application completed , first application submitted . After Loan Review Committee approval , staff will send a Loan Review Committee approval letter to the applicant and notify them of their approval amount and that staff will contact them to schedule a closing date and time . Mortgage documents and promissory notes are then prepared , and a closing is scheduled . At the closing , the applicant signs all appropriate documents . The documents are sent to the County Courthouse for recording . Staff sends a notice to proceed to the contractor after the recorded documents are returned from the County Courthouse . Contractor pulls building permits and completes the work . Appropriate jurisdiction ' s building department inspector inspects the completed work . Contractor sends the final bill to the county . Staff requests a check that will be sent directly to the contractor . Staff will prepare , and record Satisfaction of Mortgage for the loans that are paid back or for grants after termination of 10 year affordability timeframe . 3 . IRCLHAProgram Applicant Criteria Eligible persons or sponsors applying for participation in the IRCLHAProgram shall comply with the following requirements : a . Income Level All households shall be classified as very low- , low- , or moderate- income households . Household income includes gross annual income of every member of the household 18 years and older . In cases where the applicant is an eligible sponsor but not an eligible person , the assisted housing unit must be occupied by eligible persons classified as very low- , or low- income persons . Income inclusion and exclusions will be based on guidelines provided by the Florida Housing Finance Corporation ( Exhibit E ) . 33