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FORM 2: Rents and Compliance Summary Submittal Date : 09/08108
<br /> Section 420. 9075(bl, (q, ld), Ig (, F. 6.
<br /> Fiscal Year 2006.2007 finalFLORIDA HOUSING FINANCE CORPORATION - SHIP PROGRAM ANNUAL REPORT
<br /> Name of Local Entity: Indian River County
<br /> Table A: Rental Unit Information
<br /> RENTAL RATES - ACTUAL
<br /> (If rents vary for the same unit, enter greatest amount
<br /> A 8 C D E
<br /> STRATEGY DESCRIPTION EH. 1 Bed 2 Bed 3 Bed 4 Bed
<br /> Rehabilitation Grant
<br /> Rehabilitation Loan
<br /> Table 8 : Recap of Funding Sources for Units Produced
<br /> Source of SS Produced thru June 30th for Units Amount of Funds Expended to Date % of Total Value
<br /> A C
<br /> SHIP Funds Expended B
<br /> 1 ,629 , 619. 25 29.68%
<br /> Public Moneys Expended
<br /> Private Funds Expended 13 000.00 0.24%
<br /> Owner Equity 3 847 15fi .00 70.08%
<br /> Total Value or All Units 0.00%
<br /> 5,489,775.25 100.00°/,
<br /> Table C : SHIP Program Compliance Summary - Home Ownership/Construction/Rehab'
<br /> Compliance Category SHIP Funds' Trust Fund ,/. FL Statute
<br /> A B C of Trust Fund Minimum
<br /> D E
<br /> HOME OWNERSHIP 1 ,629,619.25 1 , 209, 521 . 00 134.73% 65%
<br /> CONSTRUCTION/REHABILITATION 1 , 629, 619. 25 1 , 209, 521 . 00 134. 739 °
<br /> Include amounts expended, encumbered, is unencumbered 75 /°
<br /> (projected) in this table
<br /> "Tnr51 Fund equals Distribution plus Recaptured Funds
<br /> Table D : Program Compliance - Income Set•Asides
<br /> Program compliance by Funds Expended, Encumbered, Unencumbered (pro)ected)
<br /> %911 .43% l
<br /> SHIPS SNIP = 'Total Available
<br /> Income Caleaory E44
<br /> Encumbered Unencumbered Total A+ B + c Funds
<br /> B C D
<br /> ELI F
<br /> 0. 00 0. 00 54 , 860.08 1 , 782 , 390. 98
<br /> Ve •Low Income 0. 00 0 . 00 544 , 862.61 1 , 782 , 390. 98
<br /> Low Income 0. 00 0 . 00 665 , 003 .30 1 , 782, 390. 98
<br /> Moderate Income 364 893 . 18 0 00 364 , 893 18
<br /> 0 00 1 782 , 390. 98
<br /> TOTAL : '1 ,829619;26 O,Ob ;0.00 ` x:251 ,762, 390. 98
<br /> 1',828,61
<br /> 'Total Available Funds" equals State Dlslnbuhon . + Recaptured Funds + Program Income + Carry Over Funds a Other Funds 1 ,829,619.25 fFramF°rm
<br />t Tae. A
<br /> 'From Form 1 Table 8 Column B lofel � -
<br /> Ertor Ind lam. el MIT w e;A Column 0.9:G .r:
<br /> ELIandVLI must equal 30% or higher
<br /> Table E: Special Target Groups f Fu d E p ended fl teachers , s I w for t fire r gfilers. etc. 1 Set As 'de and ELI,
<br /> VLI and Ll must equal 60% or higher
<br /> -__ jSjtra1eqvription__ .___ - . _ _ -S ¢ecialTargeLGroup _ ._ . _. _ -Expended Funds - --Total# of-Expended Units - -
<br /> -- -- B--- — ---C __ -_. . ._ _ -
<br /> _ i
<br /> Total
<br /> 0 . 00 0.00
<br /> Table F : Project Funding for Expended Funds Only
<br /> Income Category Total SHIP SHIP Mortgages ,
<br /> Mortgages, Loans Loans and DPL's Average Loan Total of SHIP Average Grant Total SHIP Funds Total
<br /> 8 OPUS # Amount Grants SHIP Grants # Amount Expended Units #
<br /> A B C D
<br /> E F G H
<br /> ELI 54 , 860, 08 2 27430.04 0. 00 0 sa;eeo.pa z
<br /> Ve
<br /> -Low Income 544 ,862.61 11 49 532.96 0.00 0 , ?(o ,
<br /> Low Income 665,003. 38 17 39 117.85 0. 00 ^r 544'86261 , 11 -
<br /> Moderate Income 364 , 893. 18 0 ` 'z-x tv� ' . @5OR3 3S; 17
<br /> 15 24,326.21 0. 00 0 -- .15 :.
<br /> TOTAL 1 ,629,619.25 45 36 ,213.76 0.00 - ul -
<br /> 'Th1E,tgtal,rlltlai egGal Table`D Expanded b0nooriie . tegory
<br /> Table G : Allowable Administration Set Aside from Program Income
<br /> Total Amount of Proqram Income 'S% Maximum , Total % Program Income Total
<br /> 10 /0 Maximum Allowed for Administration Administration
<br /> A B C D E
<br /> 571 , 296.01 28, 564 . 80 57 , 129. 60 28, 564 80 _ r
<br /> Counties and Eligible Municipalitles which receive more than the minimum distribution.
<br /> _ . .
<br /> - ^ Counties and Eligible Municipalities which receive the minimum distribution or less . '
<br /> Table H: Allowable Administratlon Set Aside from Disaster Funds
<br /> Total Amount of Disaster Funds ' S% Maximum Total Disaster Funds Allowed Total
<br /> A " 10% Maximum for Administration Administration
<br /> B C D
<br /> 0.00E
<br /> 0.00 0. 00 _
<br /> ' Counties and Eligible Municipalities which receive more Than the minimum distribution . � - -
<br /> 0.00
<br /> " Counties and Eligible Municipalities which receive the minimum distribution or less .
<br /> SHIPARrar
<br /> Rev. Nlfala7
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