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A. Housing Rehab or Demo/Replace Activity — Objective To provide a Deferred Payment Loan (DPL) to VLI and LMI income residents whose homes were damaged by a Federally Declared Disaster. The purpose of the program is to bring the residences that sustained damage during a federally declared disaster up to Section 8 Minimum Property Standards, Florida Residential Building Codes, and the local codes currently in effect in the County, whichever is most stringent for each housing unit need. B. Housing Rehab or Demo/Replace Activity — Financing The type of assistance which will be available to eligible residents is known as a Deferred Payment Loan. A brief description of this program is presented below. The DPL is a zero (0) percent interest loan provided by the County. The funding for the loan will come from the County's CDBG DRI Program. The DPL will be secured by a recorded mortgage on the Applicant's property. A DPL will be available for all approved Applicants contingent upon available funding. VLI and LMI Applicants will qualify for a DPL wherein the DPL Amount will be forgiven in annual increments as described in the CDBG Program Operational Procedures section of this document. C. Housing Rehab or Demo/Replace Activity — Eligibility 1. Only those mobile home properties that are conventionally built structures and mobile homes built after January 1997, which are owner -occupied and located within the County, will be considered for participation in the rehabilitation program. No mobile homes built prior to December 31, 1996 will be considered for rehabilitation. 2. Applicants' incomes must fall within the HUD Section 8 Income Limit guidelines as published by HUD and/or the State of Florida for the region. 3. Priority will be given to Applicants who sustained damage from a federally declared disaster in the following order: a. Participants who responded to the County's advertised request for Applicants whose residences were impacted by the disaster events and who have been qualified and ranked by the County for inclusion in the Disaster Recovery programs, provided the County solicitation for affected Applicants took place after the declared events covered in a federal declaration. b. If the current list of Applicants does not obligate all of the available funding, then a new solicitation for impacted residents will be published. c. All other Applicant eligibility requirements are described in the CDBG Operational Procedures section of this document. d. Priority will be given to Applicants who sustained damage in a Federally Declared Disaster. e. No geographic distribution of funding shall be considered, except where specified in the State Sub -recipient Agreement. 51