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2007-278
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2007-278
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Last modified
6/14/2016 1:02:26 PM
Creation date
9/30/2015 11:05:07 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Report
Approved Date
09/04/2007
Control Number
2007-278
Agenda Item Number
7.NN.2
Entity Name
Florida Housing Finance Corporation
Subject
HHR Program Annual Report SHIP Program Annual Report
Supplemental fields
SmeadsoftID
6512
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available SHIP funds . Photocopies of success stories, newspaper articles, and thank-you <br /> notes have already been sent to the Florida Housing Coalition. <br /> 4 . Describe how the Annual Report was made available for public inspection and comments . <br /> Attach copies of all comments that were received and provide the local government's response . <br /> Annual report provided to the public through Affordable Housing Partnership <br /> meetings/Lending Consortium, county planning division, municipalities within the <br /> county, the Treasure Coast Builders Association, and the county website . <br /> Availability of the reports also advertised in the local newspaper. <br /> 5 . Since State fiscal year 1992-93 , 323 mortgages have been made to very low income <br /> households with 3 in default. <br /> Since State fiscal year 1992-93 , 373 mortgages have been made to low income households <br /> with 5 in default. <br /> Since State fiscal year 1992-93 , 112 mortgages have been made to moderate income <br /> households with 1 in default . <br /> Total default rate for all mortgages 1 . 11 % . <br /> 6 . Describe how eligible sponsors (if applicable) that employed personnel from welfare to work <br /> programs were given preference in the local selection process . <br /> All applications reviewed based on first application submitted, first application <br /> reviewed . <br /> All applications approved based on first application completed, first application <br /> approved <br /> 7 . List strategies and give the average cost of production (FY 2005 -2006) . <br /> Strategy Number of Loans Average SHIP <br /> Finalized YTD Assistance <br /> DPCC + Rehabilitation Loan (DPRL) 16 $33 ,992 <br /> Impact Fee Grant (IFG) 1 $4,231 <br /> DPCC + Impact Fee Loan (LDPC) 10 $61 ,047 <br /> Rehabilitation Grant (RG) 9 $24, 591 <br /> Rehabilitation Loans (RL) 10 $ 19,400 <br /> TOTAL 46 $34. 215 <br />
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