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4. Low -Income Targeting <br />e Arnou <br />Enter the low-income set-aside percentage in the first field. The field for total funds set aside will <br />populate based on the percentage entered in the first field and the total NSP3 grant. <br />Identify the estimated amount of funds appropriated or otherwise made available under the NSP3 to <br />be used to provide housing for individuals or families whose incomes do not exceed 50 percent of <br />area median income. <br />Response• <br />Total low-income set-aside percentage (must be no less than 25 percent): 25.00% <br />Total funds set aside for low-income individuals = $375,107 <br />P rovide a summary that describes the manner in which the low-income targeting goals will be met. <br />Response: In Indian River County, the County estimates that 25% of NSP3 grant funds will be used to <br />assist households with incomes at or below 50% AMI The County will achieve this by executing <br />agreements with Partners / Developers using 'Eligible Use B: Purchase and Rehabilitate Homes." The <br />Partners/ Developers will acquire and rehabilitate units that will be sold to qualifying households. The <br />use of said units shall be restricted to persons whose incomes do not exceed 50%AMI. The County <br />proposes to acquire 3 housing units for this income group. <br />5. Acquisition and Relocation <br />r Cativo,. <br />of LiVell Units <br />D oes the grantee intend to demolish or convert any low- and moderate -income <br />dwelling units (i.e., _< 80% of area median income)? <br />No <br />If yes, fill in the table below. <br />Question <br />Number of Units <br />The number of low- and moderate -income dwelling units—i.e., << 80% of area <br />median income—reasonably expected to be demolished or converted as a direct <br />result of NSP -assisted activities. <br />NA <br />The number of NSP affordable <br />and middle-income households—i.e., <br />expected to be produced <br />each NSP activity providing <br />commencement and completion). <br />housing units made available to low-, moderate-, <br /><_ 120% of area median income—reasonably <br />by activity and income level as provided for in DRGR, by <br />such housing (including a proposed time schedule for <br />NA <br />The number of dwelling units reasonably expected <br />households whose income does not exceed 50 <br />to be made available for <br />percent of area median income. <br />NA <br />6. Public Comment <br />C1ti en f rticip t n Pia <br />B riefly describe how the grantee followed its citizen participation plan regarding this proposed <br />substantial amendment or abbreviated plan. <br />REVISED NSP3 Abbreviated Action Plan <br />Indian River County — 2 11 117 2 12 <br />Page 6 <br />