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2006-046
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Last modified
5/30/2017 12:27:25 PM
Creation date
9/30/2015 4:36:13 PM
Metadata
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Resolutions
Resolution Number
2006-046
Approved Date
04/04/2006
Agenda Item Number
7.W.
Resolution Type
Housing Assistance
Entity Name
State Housing Initiative Partnership Program (SHIP)
Subject
County's Local Housing Assistance Plan
FY 2006,2007,2008,2009
Archived Roll/Disk#
3129
Supplemental fields
SmeadsoftID
1836
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designated inspector and local housing assistance program staff. <br />Additionally, the applicant will be required, as part of the <br />application process, to pay for a credit report when required. <br />The applicant or his contractor must obtain a building permit from the <br />corresponding jurisdictional building department for all rehabilitation <br />activities. The funds for rehabilitation loans of less than $5,000.00 <br />shall be delivered upon completion of all rehabilitation work and a <br />satisfactory final inspection by the corresponding jurisdictional <br />Building Department and the county designated inspector that all <br />required rehabilitation activities for the eligible housing unit are <br />completed. Funds for rehabilitation loans of $5,000.00 or more may be <br />delivered in individual draws, not to exceed three draws total, based <br />upon the completion of individual components of the rehabilitation work <br />and inspection by the corresponding jurisdictional building department <br />and the county designated inspector. Each partial draw including the <br />final draw of funds shall not be less than $5,000.00 and it shall be <br />delivered upon completion of all rehabilitation work and a satisfactory <br />final inspection by the corresponding jurisdictional Building <br />Department and the county designated inspector that all required <br />rehabilitation activities for the eligible housing unit are completed. <br />No SHIP funds will be paid for any work completed prior to the county's <br />notice to proceed. <br />Rehabilitation loans can be leveraged with private funds, small city <br />Community Development Block Grant (CDBG) funds, weatherization funds, <br />and other state and federal programs as appropriate. <br />h. Additional Information: <br />i. Geographic Area <br />Rehabilitation may be made anywhere in the county, including <br />all municipalities located within the county. <br />ii. Housing Unit Classification <br />Eligible housing units receiving Rehabilitation loans must <br />be owner -occupied single-family, condominium residences. <br />Mobile homes are not eligible. <br />iii. Rehabilitation loans can be given in combination with <br />downpayment closing/cost loans, and impact fee/capacity <br />charge loans. <br />19 <br />
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