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C . 131 mortgages have been made to moderate income households with 2 in foreclosure . <br /> D . Total foreclosure rate for all mortgages 2 . 15 % . <br /> 5b . Mortgage Default as of June 30`x' : <br /> A . 346 mortgages have been made to very low income households with 6 in default <br /> B . 404 mortgages have been made to low income households with 2 in default . <br /> C . 131 mortgages have been made to moderate income households with 2 in default. <br /> D . Total default rate for all mortgages 1 . 13 % . <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 reviewed . <br /> All applications approved based on first application completed , first application approved <br /> 7 . List strategies and give the average cost of production ( FY 2007 -2008 ) . <br /> Strategy Number of Loans Average SHIP <br /> Finalized YTD Assistance <br /> Purchase Assistance With Rehab 4 $ 307620 <br /> Rehabilitation Loan 2 $ 24 , 857 <br /> Rehabilitation Loan/Grant 1 $4141 <br /> Purchase Asst . with Impact Fee Loan 5 $ 411693 <br /> TOTAL 12 <br /> $32 , 066 <br /> 8 . Counties and eligible municipalities utilizing SHIP program funds must provide a list of recipients by <br /> strategy, including full name , address and zip codes . Included <br /> See Attachment # 1 -Expended Funds- Form 4 # 8 <br /> 9 . Administrative expenditures separately stated for the costs of the local government and any sub <br /> recipients administering the program : <br /> $ 138 , 804 . 88 Administrative expenses for Indian River County <br /> 10 . A list of sub recipients and consultants that will administer any portion of the SHIP program : None <br />