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2006-299A.
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2006-299A.
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Last modified
1/31/2017 9:56:34 AM
Creation date
9/30/2015 10:00:02 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Report
Approved Date
09/05/2006
Control Number
2006-299A.
Agenda Item Number
7.W.
Entity Name
Florida Housing Finance Corporation (2 of 4)
Subject
SHIP and HHR Program Annual Reports 2003-2004 and 2005-2006
Supplemental fields
SmeadsoftID
5801
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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 , 301 mortgages have been made to very low income <br /> households with 3 in default. <br /> Since State fiscal year 1992-93 , 356 mortgages have been made to low income households <br /> with 5 in default. <br /> Since State fiscal year 1992-93 , 105 mortgages have been made to moderate income <br /> households with 1 in default. <br /> Total default rate for all mortgages 1 . 181/6 . <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 2004-2005) . <br /> Strategy Number of Loans Average SHIP <br /> Finalized YTD Assistance <br /> Downpayment/Closing Cost (DPCC) I S 19 ,070 <br /> DPCC + Rehabilitation Loan (DPRL) 26 $ 31267 <br /> DPCC + IFG + Land Acquisition (LDAL) 15 $ 33 , 1 15 <br /> Rehabilitation Grant (RG) 7 $ 16,931 <br /> Rehabilitation Loans (RL) 5 $ 15 ,066 <br /> TOTAL 54 $ 29, 170 <br />
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