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1998-072
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1998-072
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Last modified
3/3/2016 9:23:08 PM
Creation date
1/7/2016 3:16:35 PM
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Resolutions
Resolution Number
1998-072
Approved Date
07/14/1998
Resolution Type
Amending Local Housing Assistance Plan FY 1998-99 & 1999-2000
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The county's maximum assistance from the SHIP funds will be <br /> thirty-nine thousand dollars ($39, 000 .00) per unit, and the <br /> average assistance will be fourteen thousand dollars ($14,000) <br /> per -unit. <br /> Section 6. <br /> The following table indicates the average and maximum per unit <br /> SHIP funds allowable for each strategy: <br /> STRATEGY AVERAGE LOAN AMOUNT MAXIMUM LOAN AMOUNT <br /> cs) cs> <br /> Impact Fee Grant 5,000.00 7,500.00 <br /> Impact Fee Loan 5,000.00 7,500.00 <br /> Downpayment/Closing 10,000.00 15,000.00 <br /> Cost <br /> Rehabilitation 14, 000.00 20,000.00 <br /> Land Acquisition 7,500.00 10,000.00 <br /> Land Bank-Market 7, 500.00 10,000.00 <br /> Purchase <br /> Land Bank-Tax Deed 7, 500.00 10,000.00 <br /> Purchase <br /> The foregoing resolution was offered by CommissionerGinn <br /> and seconded b Commissioner , <br /> Y Adams and being put to a vote, <br /> the vote was as follows: <br /> Chairman, John W. Tippin Aye <br />
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