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2006-299
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ME <br /> can assist with available SHIP funds . Photocopies of success stories, newspaper <br /> articles, and thank-you 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 <br /> the 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 , 278 mortgages have been made to very low income <br /> households with 3 in default. <br /> Since State fiscal year 1992-93 , 339 mortgages have been made to low income households <br /> with 5 in default. <br /> Since State fiscal year 1992-93 , 91 mortgages have been made to moderate income <br /> households with 1 in default . <br /> Total default rate for all mortgages 1 . 27 % . <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 2003 -2004) . <br /> Strategy Number of Loans Average SHIP <br /> Finalized YTD Assistance <br /> Downpayment/Closing Cost (DPCC) 3 $ 15, 000 <br /> DPCC + Rehabilitation Loan (DPRL) 17 $ 17,470 <br /> Impact Fee Grant (IFG) 1 $ 4, 596 <br /> DPCC + IFG + Land Acquisition (LDAL) 8 $ 24,919 <br /> DPCC + Impact Fee Loan (LDPC) 11 $ 22 , 157 <br /> Rehabilitation Grant (RG) 21 $ 163884 <br /> RG + IFG (RIG) I $ 16,229 <br /> Rehabilitation Loans (RL) 4 $ 24, 551 <br /> TOTAL 66 $ 19 ,070 <br />
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