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FORM 2: Rents and Compliance Summary Submittal Date: 9/09/08
<br /> HHR Annual Report form AR05-1 (07/05) Fiscal Year 2005-2006 / 2006-2007
<br /> FLORIDA HO SING FINANCE CORPORATION - HHR PROGRAM ANNUAL REPORT
<br /> INDIAN RIVER
<br /> Name of Local Entity: COUNTY
<br /> Table A: Rental Unit Information
<br /> RENTALRATES - ACTUAL
<br /> (If rents vary for the same unit, enter greatest amount)
<br /> A B C DE
<br /> STRATEGY DESCRIPTION Efl. 1 Bed 2 Bed 3 Bed 4 Bed
<br /> IRC HOUSING AUTHORITY 270 340 410
<br /> BY THE RIVER, INC . KASHI CHURCH FOUNDATION 446
<br /> Table B : Recap of Fundin Sources for Units Produced
<br /> Source of $$ Produced thru June 30th for Units Amount of Funds Expended to Date % of Total Value
<br /> A g C
<br /> Funds Expended 11 ,546, 039 .28
<br /> Public Moneys Expended 79%
<br /> 55 ,265 . 35 0%
<br /> Private Funds Expended $ 5 , 282 , 300 . 00 36%
<br /> Owner Equity 144 , 792 .50 1 %
<br /> Total Value of All Units 17,028, 397 . 13 1170A
<br /> Table C : HHR Program Compliance Summa - Home Ownership/Construction/Rehab'
<br /> Compliance Category Funds' Trust Fund " % of Trust Fund Minimum percentage
<br /> A B C D E
<br /> HOME OWNERSHIP 9, 582 , 726 .64 14, 563, 228. 00 66% 65%
<br /> CONSTRUCTION/REHABILITATION 13 , 834, 566. 64 14, 563 ,228. 00 95% 75%
<br /> Include amounts expended , encumbered, 8 unencumbered (projected) in this table
<br /> "X" this box If you have
<br /> an approved waiver of the 65% Homeownership Requirement
<br /> Table D : Program Compliance - Income Set-Asides
<br /> Program Compliance by Funds Expended, Encumbered, Unencumbered (projected)
<br /> of Total
<br /> Income Category $ Expended $ Encumbered $ Unencumbered Total A+B+C Avaliable Funds 'Total Available Funds
<br /> A 8 C D E F
<br /> ELI 1 ,469, 885. 86 1 , 757, 009.00 3, 226, 894.86 22% $ 14, 563 , 228.00
<br /> Very Low 3 ,290, 716 . 02 3,595, 350. 71 6 , 886 , 066. 73 47% $ 14, 563 ,228 .00
<br /> Low Income 1 4961435.43 1 , 565, 758 . 64 3 , 062, 194 . 07 21 % $ 14, 563,228.00
<br /> - Mode�ateTnoome ----- - — =- 659 ,410.98 — = - --- , - _ -- '-°- o
<br /> 659;410.98 - -'5 /0 -$ 141563t228100 -1 '_ --
<br /> TOTAL 11 ,546 ,039 . 28 2 ,274,629 . 72 13, 8341566 . 64 95% $ 14, 563, 228.00
<br /> 'Total Available Funds" equals State Distribution + Recaptured Funds + program Income + Carry Over Funds + Other Funds .
<br /> 'From Form 1 Table B Column 8 total
<br /> Table ESpecial Target Grouos for Funds Expended Re teachers nurses law enforcement fire fighters etc 1 Set Aside
<br /> Strateqv Description Special Target Group Expended Funds Total # of Expended Units
<br /> A B C D
<br /> Total
<br /> Table F : Pro ect Fundin for Expended Funds Only
<br /> Total HHR # of HHR
<br /> Income Category Mortgages, Loans Mortgages , Loans Average Loan Total of HHR Average Grant Total #
<br /> and DPL' s and DPL's Amount Grants # of HHR Grants Amount Total HHR Funds Expended of Units
<br /> A B C D E F G H
<br /> ELI 1 ,781 ,032. 73 31 57,452 .67 761 , 700.00 59 12 ,910. 17 2 ,542 ,732 .73 90
<br /> Very-Low 31252 ,913. 29 57 57,068. 65 11483 ,992 .05 91 1 , 136, 700.00 41736, 905 .34 148
<br /> Low Income 2 ,446 , 202 .81 53 46 , 154. 77 1 , 136, 700. 00 84 13, 532 . 14 3, 582 , 902.81 137
<br /> Moderate Income 683 ,498.90 30 22 , 783 . 30 0 683,498 .90 30
<br /> TOTAL 6 , 163,647. 73 11711 47 ,740 .63 3, 382, 392. 05 1 234 14,454. 67 11 ,546,039. 78 405
<br /> AR05-1
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