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eligible or chooses not to occupy the home, the outstanding balance of the <br />loan will be due and payable. <br />If the home is foreclosed on by a superior mortgage holder, the county will <br />make an effort to recapture funds through the legal process if it is <br />determined that adequate funds may be available to justify pursuing a <br />repayment. <br />f. Recipient Selection Criteria: Applicants will be ranked for assistance based on a <br />first -qualified, first-served basis with the priorities as described in section I of this <br />plan. <br />g. Sponsor/Developer Selection Criteria: N/A <br />h. Additional Information: All work must be performed by licensed and insured <br />contractors. <br />Applicants applying for rehabilitation assistance loans must also provide a copy of <br />the deed to their home. A complete application and all required documents must be <br />submitted to the SHIP office when an applicant's queue number is reached and <br />contacted by SHIP staff. <br />i. Other Rehabilitation Loan requirements: <br />Rehabilitation loans shall be provided consistent with the requirements of the <br />County's Minimum Standards for Rehabilitation of Residential Properties document. <br />Rehabilitation loans will not be awarded for rehabilitation work completed prior to <br />the county loan approval. <br />For additional information please see the Indian River County Guidelines and <br />Procedures for Implementing Strategies of Local Housing Assistance Plan <br />document. <br />Residential Construction Hurricane Mitigation (RCMP): <br />The county will match SHIP funds with My Safe Florida Home Funds for hurricane <br />resistant retrofit improvements to owner occupied site built homes to reduce <br />potential future hurricane damage. If applicable, the county shall advertise the <br />availability of My Safe Florida Home funds, accept applications from very low, low, <br />and moderate income homeowners with homestead exemptions for homes that have <br />insured values not exceeding $253,809.00 (SHIP program maximum). Applications <br />will be reviewed on first qualified, first served basis. <br />Eligible retrofit improvements work activities include the following: <br />1. Improving the strength of the roof deck attachment <br />2. Creating a secondary water barrier to prevent water intrusion <br />3. Improving the survivability of the roof covering <br />4. Bracing gable -ends in the roof framing, <br />5. Reinforcing roof -to -wall connections <br />6. Upgrading exterior wall opening protections <br />7. Upgrading exterior doors <br />- 8 - <br />F:\Community Development\SHIP\LHAP\2018-2021 LHAP\2018-2021 LHAP - final submittal.doc <br />17 <br />