2018-128A - Laserfiche WebLink

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21. Program Income No program income is planned to result from the CDBG program. Program income should only result in the case of DPL repayment where the title is transferred or the unit is no longer the primary residence of the Applicant homeowner. All Deferred Payment Loans (DPLs) shall be zero -interest and deferred payment with repayment of CDBG/DRI funds only in the event of transfer of title or where the eligible Applicant homeowners no longer occupy the unit as a primary residence within the DPL period. After the expiration of the FDEO CDBG Award Agreement between the County and the State, the monitoring will be performed by the PA annually through site visits and title verification through the Clerk of Courts and County Appraiser offices. The County's DPL mortgage documents and liens shall always include a notice to the County as soon as the title changes ownership. If repayment of CDBG/DRI funds is received during the DPL period, it will be relegated back to the Florida Department of Economic Opportunity (FDEO) or used for additional eligible CDBG/DRI activities as may be authorized by FDEO. Program income or DPL payments received subsequent to closeout will be returned to FDEO (within ten (10) days or the time frame allowed by FDEO at the time of program income receipt if longer than ten (10) days) unless the state's program income regulationsprovide for the County to retain those funds and use them for allowable purposes. F. General Program Polices 1. Objectives/Goals of Assistance: The Housing program is designed to provide the following community opportunities: a. To allow for public and community participation. b. Provide safe and affordable housing solutions to VLI and LI families and individuals. c. To eliminate deficient code and housing quality standards (HQS) within the housing stock of the community. d. Eliminate housing units that can be considered to be a blighted influence on the community. e. Eliminate emergency housing conditions that pose an immediate health and safety concern to residents/inhabitants. f. Provide energy efficient and affordable green housing features to VLI and LI families and individuals. g. Address other housing issues that meet program funding criteria within the intent and policy of the specific housing program. 2. Funding Sources The funding sources listed below will be used to conduct all approved activities associated with the CDBG DRI Program. The specific rules and regulation requirements approved for each program shall govern the specific use of the associated funds. ?]