2017-118 - Laserfiche WebLink

Home Browse Search

Priorities for funding described herein apply to all strategies unless otherwise stated in the strategy. The County will accept preliminary intake forms during the advertised "Application Period". All applicants must complete the SHIP preliminary intake information sheet and submit it to the SHIP office to obtain their queue list number. At that time, applicants for purchase assistance loans must also provide a pre -qualification letter from a lender. Applicants applying for rehabilitation assistance loans must also provide a copy of the deed to their home. A complete application and all required documents must be submitted to the SHIP office when an applicant's queue number is pulled and contacted by SHIP staff. Once there is a list of eligible applicants, they will be ranked based on the priorities provided below. Ranking Priority: 1. Emergency Loans 2. Special Needs Households (until the program's required percentage has been met) 3. Very low income applicants from Non-profit Affordable Housing Organizations 4. Other applicants a. Very low income (until the program's required percentage has been met) b. Low income (until the program's required percentage has been met) c. Moderate income J. Anti -Discrimination: In accordance with the provisions of ss.760.20-760.37, it is unlawful to discriminate on the basis of race, color, religion, sex, national origin, age, handicap, or marital status in the award application process for eligible housing. K. Support Services and Counseling: Support services are available from various sources. The county, local financial institutions and others may provide a Homebuyer's Educational Workshop for purchase assistance applicants, Homeownership Counseling (pre and post) and credit counseling. L. Purchase Price Limits: The sales price or value of new or existing eligible housing may not exceed 90% of the average area purchase price in the statistical area in which the eligible housing is located. Such average area purchase price may be that calculated for any 12 -month period beginning not earlier than the fourth calendar year prior to the year in which the award occurs. The sales price of new and existing units, which can be lower but may not exceed 90% of the median area purchase price established by the U.S. Treasury Department or as described above. The methodology used is: U. S. Treasury Department X Local HFA Numbers M. Income Limits, Rent Limits and Affordability: The Income and Rent Limits used in the SHIP Program are updated annually by the Department of Housing and Urban Development and posted at www.floridahousing.org. -4- F:\Community Development\SHIP\LHAP\2018-2021 LHAP