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09/09/2014
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09/09/2014
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Last modified
4/20/2018 2:57:47 PM
Creation date
3/23/2016 8:52:04 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
09/09/2014
Meeting Body
Board of County Commissioners
Book and Page
298
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H:\Indian River\Network Files\SL00000E\S0004A4.tif
SmeadsoftID
14149
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Form SHIP AR/2009 <br />67-37.008(3)(f), F.A.C. <br />Effective Date: 11/2009 <br />Form 2 <br />Rental Unit Information <br />Description <br />Eff, <br />1 Bed <br />2 Bed <br />3 Bed <br />4 Bed <br />Recap of Funding Sources for Units Produced ("Leveraging" <br />Source of Funds Produced <br />through June 30th for Units <br />Amount of Funds Expended to <br />Date <br />% of Total Value <br />SHIP Funds Expended <br />$30,066.11 <br />38.03% <br />Public Moneys Expended <br />Extremely Low <br />.00% <br />Private Funds Expended <br />$31,000.00 <br />39.21% <br />Owner Contribution <br />$18,000.00 <br />22.77% <br />Total Value of All Units <br />$79,066.11 <br />100.00% <br />SHIP Program Compliance Summary - Home Ownership/Construction/Rehab <br />Compliance Category <br />SHIP Funds <br />Trust Funds <br />% of Trust Fund. <br />FL Statute;. <br />Minirnum % <br />Homeownership <br />$450,000.00 <br />$350,000.00 <br />128.57% <br />65% <br />Construction / Rehabilitation <br />$450,000.00 <br />$350,000.00 <br />128.57% <br />75% <br />Program Compliance - Income Set -Asides <br />Income Category <br />SHIP Funds <br />Expended <br />SHIP Funds <br />Encurnbered <br />SHIP Funds <br />Unencumbered <br />Total of <br />SHIP Funds <br />Total <br />Available <br />Funds %' <br />Extremely Low <br />$5,000.00 <br />$9,004.57 <br />$14,004.57 <br />2.87% <br />Very Low <br />$30,066.11 <br />$40,000.00 <br />$110,000.00 <br />$180,066.11 <br />36.87% <br />Low <br />$60,000.00 <br />$150,000.00 <br />$210,000.00 <br />43.00% <br />Moderate <br />$60,000.00 <br />$60,000.00 <br />12.28% <br />Totals: $30,066.11 $105,000.00 $329,004.57 $464,070.68 95.02% <br />Project Funding for Expended Funds Only <br />Income Category <br />Total Funds <br />Mortgages, <br />Loans & DPL's <br />Mortgages, <br />Loans & <br />DPL Unit #s <br />Total Funds <br />SHIP Grants <br />SHIP <br />Grant . <br />Unit lis <br />Total SHIP <br />Finds` <br />Expended` <br />Total:# <br />Ults. <br />Extremely Low <br />$.00 <br />0 <br />Very Low <br />$30,066.11 <br />1 <br />$30,066.11 <br />1 <br />Low <br />$.00 <br />0 <br />Moderate <br />$.00 <br />0 <br />Totals: <br />30, 066.11 <br />1 <br />$.00 <br />0 $30,066.11 <br />Form 3 <br />Page 2 <br />72 <br />
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