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Submittal Date: 9/08/10
<br /> FORM 2: Rents and ;ompliance Summary Fiscal Year 2005-2010 Final p TRUE COPY
<br /> HHR Annual Report form AR05-1 (07/05)
<br /> FLORIDA HOUSING FINANCE CORPORATION - HHR PROGRAM ANNUAL REPORT CERTIFICATION ON LAST PAGE.
<br /> INDIAN RIVER J . K . BARTON , CLERK
<br /> Name of Local Entity COUNTY
<br /> Table A: Rental Unit Information RENTAL RA"geateslamounl)
<br /> (If rents vary for the sameE
<br /> A B Eff. 1 Bed 4 BedSTRATEGY DESCRIPTION 410
<br /> IRC HOUSING AUTHORITY 446
<br /> BY THE RIVER , INC . (ASHI CHURCH FOUNDATION
<br /> Table B : Reca of Funding Sources for Units Produced 110111111 111 11111111 Amount of Funds Expended to Date %
<br />of Total Value
<br /> Source of $$ Produced thru June 30th for Units B C
<br /> A 14, 139,950 .82 9 0%
<br /> 0%
<br /> Funds Expended 55 , 265 .35
<br /> 43%
<br /> Public moneys Expended $ 5 , 282 , 300 . 00
<br /> 1 %
<br /> Private Funds Expended 144,792. 50
<br /> 19 ,622 ,308 .67 159%
<br /> Owner EquityIIIIIII
<br /> Total Value of All Units
<br /> Table C : HHR Program COm liance Summa - Home Ownershi /Construction/Rehab'
<br /> Trust Fund `« % of Trust Fund Minimum percentage
<br /> Compliance Category Funds' D E
<br /> A B C 65%
<br /> 14, 563 , 228.00 97 %
<br /> 9, 888 , 110. 82 97 % 75%
<br /> HOME OWNERSHIP 14, 139 , 950. 82 14, 563,228.00
<br /> CONSTRUCTION/REHABILITATION
<br /> Include amounts expended , encumbered, & unencumbered (projected) in this table "X" thlsbox, lf.y0u have. ;
<br /> a n, approvedwalver of'the 65% Homeowhershlp RequlPement
<br /> Table D : Program Compliance - Income Set-Asides ro ected
<br /> Program Compliance by Funds Expended, Encumbered, Unencumbered (p j )
<br /> lil
<br /> Income Category $ Expended $ Encumbered $ Unencumbered Total A+B+C 'Total Available Funds
<br /> B C D
<br /> 3 ,091 ,869 .97 3 ,091 , 869.97 $ 14 , 563 , 228 .00
<br /> ELI 51499, 141 .33 $ 12 , 378 , 744.00
<br /> Ve Low 5,499 , 141 .33 41748 ,029. 54 $ 12 ,378 , 744.00
<br /> Low Income 4,748 ,029.54 800,909. 98 $ 12, 378 , 744.00
<br /> Moderate Income 800 ,909.98 14, 139 ,950. 82 $ 12 , 378 ,744.00
<br /> TOTAL 14 , 139,950 .82
<br /> "Total Available Funds" equals State Distribution + Recaptured Funds + program Income + Can , Over Funds + Other Funds.
<br /> `From Form 1 Table B Column B total
<br /> Table E: S ecial Target Groups for Funds Exended i . e. teachers nurses law enforcement fire fighters, etc. Set Aside
<br /> Expended Funds Total # of Expended Units
<br /> Strateqv Description Special Target Group C D
<br /> A B
<br /> Total
<br /> Table F : Pro'ect Fun in for Ex ended Funds Onl
<br /> Total HHR # of HHR Average Grant Total #
<br /> Income Category Mortgages, Loans Mortgages, Loans Average LoanTotal of HHR
<br /> and DPL's and DPL's Amount Grants # of HHE Grants AmFunt Total HHR FuCnds Expended of Units
<br /> A 8 C p —
<br /> 84 15,011 . 44 3 ,091 ,869 . 97 114
<br /> 499 , 141 .33 170
<br /> ELI 11830 ,908 . 73 30 61 ,030. 29 1 ,260,961 . 24 100 15 ,448 . 56 5 ,
<br /> 3,954 , 285 .45 70 56 ,489.79 1 ,544 ,855 .88 91 16 ,376.08 4 , 748 ,029 . 54 162
<br /> Very-Low 71 45 ,884.60 1 ,490 ,222 .88
<br /> Low Income 3 , 257 , 806 . 66 0 _ 800 ,909 .98 36
<br /> Moderate Income 800 ,909 .98 36 22 , 247 . 50 14 , 139,950.82 482
<br /> TOTAL 9 ,843 ,910.82
<br /> 207 47 , 555. 12 4 ,296,040.00 275 15 , 621 .96
<br /> AR05-1
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