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-The county, in conjunction with financial institutions;conducts a homebuyers' educational workshop program for <br /> all applicants who request purchase assistance (see attachments regarding homebuyers' education program) <br /> -Consumer Credit Counseling provides assistance to'applicants through lenders and through the homebuyers' <br /> educational workshops <br /> -The Indian River County Council on Aging provides various services to elderly and handicapped individuals <br /> including housing assistance <br /> -The Housing Authority and Economic Opportunity Council provide housing assistance to qualified households <br /> -County staff provide one on one assistance to applicants for completing SHIP applications, resolving credit <br /> problems, referring applicants to appropriate financial institutions for acquiring first mortgages, and providing <br /> other assistance as needed <br /> -County SHIP staff, in conjunction with local financial institutions, non-profit organizations, HUD staff, and others, <br /> conducts information workshops in the Gifford area, Wabasso area, and Oslo area of the county which have a <br /> high percentage of minorities and low income households. <br /> I <br /> Other Accomplishments <br /> -By the end of September 2015,the Indian River County LHAProgram had approved 21 loans with FY 2013/14 <br /> funding. In administering the program, LHAProgram staff held several public meetings, placed newspaper <br /> advertisements, and announcements. Because of these efforts, the LHAProgram is well known to the public, <br /> and there are many more eligible applicants than the county can assist with available SHIP funds. <br /> Availability for Public Inspection and Comments <br /> Annual report provided to the public through Affordable Housing Advisory Committee, Affordable Housing <br /> Partnership Group, county planning division, municipalities within the county, and the county website. <br /> Homeownership Default & Foreclosure <br /> i <br /> Mortgage Foreclosures <br /> I <br /> A. Very low income households in foreclosure: 0 <br /> B. Low income households in foreclosure: 1 <br /> C. Moderate households in foreclosure: 0 <br /> Foreclosed Loans Life-to-date: 41 <br /> SHIP Program Foreclosure Percentage Rate Life to Date: 2.55 <br /> Mortgage Defaults <br /> A. Very low income households in default: 0 <br /> B. Low income households in default: 0 <br /> C. Moderate households in default: 0 i <br /> Defaulted Loans Life-to-date: 9 <br /> SHIP Program Default Percentage Rate Life to Date: 1.00 <br /> Welfare to Work Programs <br /> N/A <br /> Strategies and Production Costs <br /> Stre`eMr,;�'a_ategy , ' ra A <br /> Purchase Assistance with Rehab $23,785.14 <br /> p�� —7 10/5/2015 1:47.24 PM 38 <br />