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2006-359
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2006-359
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Last modified
8/31/2016 12:06:37 PM
Creation date
9/30/2015 10:13:36 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Plan
Approved Date
10/24/2006
Control Number
2006-359
Agenda Item Number
7.F.
Entity Name
SHIP Local Housing Assistance (LHAP)
Subject
2006-07, 2007-08, 2008-09 Guidelines, procedures and strategies
Supplemental fields
SmeadsoftID
5901
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Exhibit E <br /> RESOLUTION NO 2006 - <br /> Section 5 . <br /> The county ' s maximum assistance from SHIP funds shall be <br /> seventy thousand dollars ( $ 70 , 000 . 00 ) per unit ; average <br /> assistance will be thirty - five thousand dollars ( $ 35 , 000 . 00 ) <br /> per unit . <br /> The following table indicates the average and maximum SHIP <br /> funds allowable per unit for each strategy . <br /> STRATEGY AVERAGE LOAN MAXIMUM LOAN <br /> AMOUNT ( $ ) AMOUNT ( $ ) <br /> Impact Fee Grant 13 , 000 . 00 20 , 000 . 00 <br /> Impact Fee Loan 13 , 000 . 00 20 , 000 . 00 <br /> Downpa ent / Closing Cost Loan 35 , 000 . 00 50 , 000 . 00 <br /> Rehabilitation Loan 40 , 000 . 00 50 , 000 . 00 <br /> Rehabilitation Grant 40 , 000 . 00 50 , 000 . 00 <br /> Land Acquisition Loan 40 , 000 . 00 50 , 000 . 00 <br /> Emergency / Disaster Repair Grantl 12 , 000 . 00 1 15 , 000 . 00 <br /> Section 6 . <br /> Consistent with Revenue Proclamation 2006 - 17 dated March 2006 , <br /> the maximum purchase price for Indian River County is hereby <br /> established as $ 253 , 125 . 00 for new or existing homes and <br /> condominiums . <br /> The foregoing resolution was offered by Commissioner <br /> and seconded by Commissioner and being <br /> put to a vote , the vote was as follows : <br /> 3 <br />
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