|
Exhibit FLORIDA HOUSING FINANCE CORPORATION PridSx Crw6 .PP16 Jbkhii, a 'n .,,,..a„„,nwriter � MIW.
<br /> HOUSING DELIVERY GOALS CHART New Plan: X
<br /> STRATEGIES FOR THE LOCAL HOUSING ASSISTANCE PLAN FOR STATE FISCAL YEAR: 2006-2007 Amendment
<br /> Fiscal Yr. Closeout 2008-09
<br /> Name of Local Government: Indian River County Available Funds: $ 1 ,500,000
<br /> A B C D E F
<br /> HOMEOWNERSHIP VU Max. SHIP LI Max. SHIP MI Max. SHIP New Construction Rd,ablitepair W'rrmd Cunslrux ion Total Total Total
<br /> STRATEGIES Unite Award Units Award Units Award SHIP Dollars SHIP nollars SHIP Dollars SHIP Dollars Percentage Undx
<br /> I- Impact lee/Capoly Chargrt Grant 3 $20,000 0 520,000 0 $0 $15,000-00 $ 15,000.00 1 .00"/ 3
<br /> 2. Impart Neleapadty Chargex Loan 10 $20,000 10 520,000 - $20,000 $100,000. 00 $ 100,000.00 6-67°0 25
<br /> T. Downpaymenuaoang CnxtIwn 10 $50,000 20 $ 30,000 - $20,000 $617,425 . 00 530,000.00 $647,425-00 43- 16% 35
<br /> 4, Rehddlhatwn Loan 7 $50,000 10 $50,000 5 550,000 $517,513 . 00 $ 517,513-00 3450% 22
<br /> s . Rehabdlatlnn Grant 5 $50,000 0 $ 30,000 0 $0 $ 100,000. 00 $ 100,000.00 6,67% 5
<br /> 6. Land Acquisition Loan 0 $ 50,000 0 $ 50.000 0 $0 $0.00
<br /> z LmergernyOnsastrn Repair cram 0 $ 15,000 0 $ 15,000 0 $0 $0.00
<br /> $0.00
<br /> Subtotal 1 (Home Ownership) 35 40 15 1 $ 717, 425 00 $632,513.00 $30,000.00 $ 1 ,379,938 00 $0-92 90
<br /> RENTAL VII Max. SHIP LI Max. SHIP MI Max. SHIP New Construtliem NMab/Repair Without Cmntrudlon Total Total Total
<br /> STRATEGIES Units Award Unik Award Units Award SHIP Dollars SHIP Dollars SHIP Dollars SHIP Dollars Percentage Units
<br /> Subtotal 2 (Non-Home Ownership) 0 1 ( 1 0
<br /> Administration fees $ 120,062.00 1000%
<br /> Admin. From Program Income $ 14,968 .00 5,00%
<br /> Home Ownership Counseling $0.00
<br /> G RAND TOTAL $ 1 , 500,000.00 100"h 90
<br /> Md wbiowR I s 2. 5ne Or Arminn nu I"mumx 35 40 1 1 1 $717425.00 $632,513 .00 $30,000.00
<br /> Percentage Construction/Rehab Calculate Conetr.'Nehah Percent. by adding Grand Total Cdumm A&R, men divide by Annual Allocation Aml.
<br /> Maximum Allowable
<br /> Purchase Price: I New $253 , 125-00 Existing $253, 125.00
<br /> Allocation Breakdown Amount % Projected Program Income: $299,377.00 iMax Amount Program Income For Admin : $ 14,968-00
<br /> Very-Low Income $ 551 ,975 20 40 fl% Projected Recaptured Funds'. soon ]-
<br /> Low Income $689,969 .00 50.0% Dblribu6on: $ 1 .200,623.00
<br /> Moderate Income $ 137,99180 10.0n/1 Total Available Funds: $ 1 ,500,000.00
<br /> TOTAL $1 ,379,938.00 100.0°L, 16 0s t-06 11 19 AM
<br /> 2006-0 7-H D G C-EXHIBIT C
<br />
|