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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 />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 />Mortgage Foreclosures <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 />MortgagelDefaults <br />A. Very low income households in default: 0 <br />B. Low income households in default: 0 <br />C. Moderate households in default: 0 <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 />Strategy ,, ,Y , .: <br />:..1N <br />g.:.-- <br />'�:r�'.t <br />= ? `'Average�Cost .:,. _ate: <br />a; r=.-_ ... -�;Y <br />Purchase Assistance with Rehab <br />$23,785.14 <br />10/5/2015 1.47:24 PM <br />38 <br />