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Form SHIP AR000e <br />67-37,008(3)(f), F.A.C. <br />Effective Date: 11/2009 <br />At the end of June 2015, the Indian River County LHAProgram has approved 40 loans with FY 2014/2015 <br />funding, LHAProgram staff held several public meetings, placed newspaper advertisements and announcements. <br />Because of these efforts, the LHAProgram is well known to the public, and there are many more eligible <br />applicants than the county can assist with available SHIP funds. <br />Availability for Public Inspection and Comments <br />Annual reports provided to the public through AHAC, Affordable Housing Partnership Gnoup, county planning <br />division, municipalities within the county, and the county website. <br />Homeownership Default & Foreclosure <br />Mortgage Foreclosures <br />A. Very Iow income households in foreclosure: 0 <br />B. Low income households in foreclosure: 3 <br />C. Moderate households in foreclosure: 0 <br />Foreclosed Loans Life -to -date: 61 <br />SHIP Program Foreclosure Percentage Rate Life to Date: 3.61 <br />Mortgage Defaults <br />A. Very Iow income households in default: 0 <br />B. Low income households in defaut: 0 <br />C. Moderate households in default: 0 <br />Defaulted Loans Life -to -date: 14 <br />SHIP Program Default Percentage Rate Life to Date: .83 <br />Welfare to Work Programs <br />Priority is given to Welfare to Work program applicants. <br />Strategies and Production Costs <br />Strategy Average Cost <br />Purchase Assistance with Rehab <br />$19.54079 <br />Emergency Rehab <br />$7.096.00 <br />Impact Fee Loan <br />$5.589.00 <br />Purchase Assistance with lmpact Fee Loan <br />$23,579.23 <br />Rehabilitation <br />$33,379.08 <br />Expended Funds <br />Total Unit Count: 40 Total Expended Amount: <br />$836.893.00 <br />Strategy Full Name Address City Zip Expended Unit <br />Code Funds Counted <br />Purchase <br />Assistance with <br />Rehab <br />C|edanor, <br />Mamese <br />1055 Highland Dr <br />SW <br />Vero Beach <br />32962 <br />$18,926.88 <br />E <br />Page 8 <br />