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®ct. 9731
<br /> PUBLIC NOTICE
<br /> space Coast Credit Union INDIAN RIVER COUNTY WILL BE
<br /> Rganwood Shopping Center ACCEPTING APPLICATIONS FOR
<br /> 2124 58th Ave. PARTICIPATION IN THE COUNTY
<br /> Vero Beach LOCAL HOUSING ASSISTANCE PROGRAM
<br /> Nouce rs hereby given thaq starting ]illy 8 2005 , the Board of Caupty
<br /> Com d8i§Rl rs of Indian River County Florida will be saccepting
<br /> applications from households in the veru to a, low, and imoderate
<br /> CRI I) IT UNION income categories and from a hoeing; organizations for the purchase
<br /> 5 C C U' ► C 0 M or mtye rapplof affordable nee pg lid Unless extended by the
<br /> Theory the application acceptance l rete ve and an filly ¢9 , 2005
<br /> The Countive costs)
<br /> thaFY 0 will receive e Florida St d Hiabding
<br /> administrative ve tests) for FY 2005-2ram from ate Florida State HLusutg
<br /> '
<br /> Initiatives Partnership SHIP) Program which will be madCtaJailab#c .
<br /> Will / through 'the Indian fiver County Legal . .flousing Assis(a1iEe
<br /> jj/ytjProgram.for the following activities:
<br /> S IOW aS AVAILABLE LOCAs ASSIS'IAM
<br /> 1 easur 417 � � T of Ass va able bg
<br /> Income' Is" To� 8.
<br /> g 3t
<br /> - :. SM P_ Zypg,4t$pssiataiice 'sego
<br /> stand Amb
<br /> DO
<br /> Impab'Ax Loans' " LI , MI >` $ OBD
<br /> A t.
<br /> • I%ehabi4tadon Loans VLI, L[, M1B $.2654)02.00 -
<br /> d s d . d - AehabBiiation OranLs VLI 1004)00 .00
<br /> Down Paymenl/Closing - - $35000000
<br /> i� t a r Cost/Prmctpal
<br /> Reducuon Loans tor:
<br /> kerage Business . 'Cash .Ouf apurthMa a an VLI
<br /> X 873.4501 ` St to I come ex sea home without
<br /> All Credit Loans rehabilitation
<br /> in St. Lucie . BankruptcY (not more than 15% of total funds)
<br /> 'i. COii h3tIQ - bpnmbase of new home VLI , LI , Ml
<br /> P (less than one year old)
<br /> cConswcnure of new home VLI, LI , MI
<br /> d purchase of of an exlstlnVLI , C[ ,MI
<br /> ALWAYS T-HEBEST home berifrehabilitate$
<br /> RATE FIRST WITH inthe hist 2months
<br /> OUR DIRECT eCombineri Purchase and VLI , LI , tef
<br /> rehabilitation of an existing home
<br /> WHOLESALE RATES ! f.commned Licians Vu . LLM1
<br /> rv..� '' � �a, ���� ��/ andl mPac Fee Loans -
<br /> „ i 8 L
<br /> f 1-0sus L[ LI itr gl $ D DCO DD
<br /> Land Acquisition
<br /> Apok online +4117 Pon prulLoFsauratiells li )
<br /> oily for over a decade. 417 nrl`
<br /> wKwrivann',o�nancial corn bLl V J L �� Income to Lot t eff ofd t I
<br /> Asia into ll t p o ided deferr d lialymeld Isituns li do to. _ed
<br /> t a Q Center
<br /> to pa d L ..k until the assisted t r. s ld fn ed � U , e tole
<br /> out' or if trcone oil r u the or I ee p c
<br /> gg or
<br /> assisted unit. I mulled assistance will he proviztd as giants_ The grant.
<br /> amount will he forgiven after 10 ) earresidency rec tare;nent .
<br /> JE GUIDE
<br /> UIDE A.p 1 rt toItil l gin the Local Housing Assisl c Prc main Taut
<br /> ortet heflox'mc reQui,elllertS
<br /> 30-YEAR FLUD ONE-YEAR ADJUSTABLE 1 . Income Level. A household 's trial annual Rios mcmne level n.usl
<br /> be classified as tither saris low , low, or moderate based on the
<br /> RATE POINTS RATE POINTS % DN. LOCK CAP following table_
<br /> Indian River County Maximum Income Levels
<br /> 0.00 1 Ir' ./Y I' 0.00 5% 30 216 and Income Classification:
<br /> i Household Very Low Lova Moderate
<br /> NQ f,. NQ 5% 30 114 size Up to 50% of MI 51-80% of MI 81-120% of tell
<br /> 1 Person ( 8 ,650 29 ,850 44 ,760
<br /> 2 Persons 21 00 34,100 51 ,120
<br /> NQ NQ 5% 30 216 3 Persons 23950 38 ,400 57 ,480
<br /> 4 Person& 26450 424)50 63960
<br /> 5 Persons 28 ,750 46 ,050 69,000
<br /> 0-.00 NQ - - - 5Ped0os 30900 49,450 74 ,160
<br /> 7 Pecams 33 ,(100 52,850 79 ,200
<br /> R persons 35 .150 56900 84 ,360
<br /> 0.00 NQ 5% 30 216 MI'= Median Income er $53 snu .t10
<br /> 2. Employyment: At least one of the household members must
<br /> 0.00 0.00 5% 30 2l6 currently be employed (includin having been continuously employed
<br /> for the Qest year) ,be a seasonal farm worker, or be a special needs
<br /> Peraon `elderly, disabled , etc) .
<br /> 0,00 0.00 - - 45 216 3 , Assets:A household's total assets shall not exceed 510.000 .00 .
<br /> 1 .00 10% 30 . 216 4. Credit Verification: An applicant shall have a satisfactory credit
<br /> 0.00 rating for at least the previous one (1) year..
<br /> 0.00 NQ 5% - 30 216 5 . Homebuyer Scams: No member of household shall have owned a
<br /> home for at least three (3) years before being approved to receive
<br /> down paymentlelosing cost assistance.
<br /> 0.00 . 0.00 5% 30 2/6 6. Purchase Price Limitation: The ppurchase price for new and ousting
<br /> homes may dot axceed $154P,9u.
<br /> 0.00 NQ 5% 30 216 PRO= 1N OF MOBII,E HOMHS
<br /> Funds may not be toed to repeir,rehabilitate, m Purchase mobile homes.
<br /> pp,OpppaaYewdada9le-f®ib, aanc- •mpiadhomewilka 2074 Areca plmmt - Bafotmedtm a� applications may beobt0iaed from affi completed
<br /> uprtridodldw®g web and rpplirvtimfea mdiwldba Swtd. application, moat be sabmttted to trio Indian River Co® Flaming -
<br /> bdegerriPoaamtioa H(1• (lmiemtpovidrd, 2UA-Not Appfieebla.Cuns®as wlUt Division's hooairig office kcattld e<- 1840 ' 25th Street,. hero Beach, .
<br /> gmdFmewe'a bee iegalMoiy H0lLNlg at 180aeded792 lrlodda, 32960 ,aa call (772) 226#594 -
<br /> iMwatraaraerWa�
<br />
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