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A TRUE -COPY
<br />J.R. SMITH, CLERK
<br />Exhibit C
<br />Code Rental
<br />Qualifies for VU Units Max. SHIP I U Units Max. SHIP
<br />75%set-aside Award Award
<br />FLORIDA HOUSING FINANCE CORPORATION
<br />New [onstmcebn
<br />WthoM
<br />Construction
<br />Total
<br />Units
<br />21 New Constmctbn(UHTC Proje t)
<br />Yes 1 $25,000 $25,000
<br />$25,000
<br />HOUSING DELIVERY GOALS CHART
<br />$0.00
<br />$25,000.00
<br />1
<br />50.00
<br />2021-2022
<br />$0.00
<br />0
<br />Name of Local Government:
<br />$0.00
<br />Indian River County
<br />D
<br />$0.00
<br />Estimated Funds (Anticipated allocation only):
<br />Strategies
<br />Code Qualifies for
<br />Nomeownership 75% set-aside
<br />$ 358,233
<br />Max. SHIP Max. SHIP Mod
<br />VD Units Award UUnts Award Units
<br />Max. SHIP
<br />Award
<br />New Construction
<br />Without
<br />construction
<br />Total
<br />Units
<br />8 Impact Fee/Capacty Charges loan
<br />Yes
<br />1 $20,000 $20,000
<br />$20,000
<br />$20,000.00
<br />$0.00
<br />$20,000.00
<br />1
<br />1 Purchase Assistance Ina. with Rehab
<br />Yez
<br />$32,500 1 $32,500
<br />$32,500
<br />$32,500.00
<br />$0.00
<br />$32,500.00
<br />1
<br />2 Purchase Assistance Loan without Rehab
<br />No
<br />1 $20,000 $20,0001
<br />$20,0001
<br />$0.00
<br />$20,000.00
<br />$20,000.001
<br />1
<br />3 Owner Occupied ReMbilkation Loan
<br />Yes
<br />1 $60,0001 1 $60,000
<br />$60,000
<br />$120,000.00
<br />$0.00
<br />$120,OOD.00
<br />2
<br />6 Emerge.Repair30Year Loan
<br />Yes
<br />2 $25,000 1 $25,000 1
<br />$25,000
<br />$300,000.00
<br />$0.00
<br />$100,000.00
<br />4
<br />5 Disaster Mitigation Repair 10 Year Loan
<br />Yes
<br />$30,000 $30,000
<br />$30,000
<br />$0.00
<br />$0.00
<br />$0.00
<br />0
<br />$0.00
<br />$0.00
<br />$0.00
<br />0
<br />$0.00
<br />$0.00
<br />$0.00
<br />0
<br />$0.00
<br />$Roo
<br />$0.00
<br />0
<br />$0.00
<br />$0.00
<br />$0.00
<br />$0.00
<br />0
<br />Taal Homeownership
<br />3 1
<br />$272,500.00
<br />$20,000.00
<br />$292,500.00
<br />9
<br />Purchase Price Limns:
<br />New $ 294,601 Existing $ 294,60
<br />Code Rental
<br />Qualifies for VU Units Max. SHIP I U Units Max. SHIP
<br />75%set-aside Award Award
<br />Mod Max. SHIP
<br />Units Award
<br />New [onstmcebn
<br />WthoM
<br />Construction
<br />Total
<br />Units
<br />21 New Constmctbn(UHTC Proje t)
<br />Yes 1 $25,000 $25,000
<br />$25,000
<br />$25,000.00
<br />$0.00
<br />$25,000.00
<br />1
<br />50.00
<br />$0.00
<br />$0.00
<br />0
<br />5D.0o
<br />$0.00
<br />$0.00
<br />D
<br />$0.00
<br />$0.00
<br />$0.00
<br />0
<br />SD.DD
<br />$0.00
<br />$0.00
<br />0
<br />$0.00
<br />$0.00
<br />$0.001
<br />0
<br />Total Rental
<br />1 0
<br />0
<br />$25,000.00
<br />$0.00
<br />$25,000.00
<br />1
<br />Administration Fees
<br />$ 35,823.10 10%^
<br /><r;
<br />Home Ownership Counseling
<br />--T-
<br />$
<br />Totel All Funds
<br />$ 353,323 J,.
<br />Percentage Construction/Rehab (75% requirement)
<br />83.0°.6
<br />Homeownership % (65%requirement)
<br />81.7% OK
<br />Rental Restriction (25%)
<br />7.0% OK
<br />i
<br />Very -Low lncame(3D% requim-M)
<br />1 $ 175,000 48.9% OK
<br />Low Inoo-130% requirement)
<br />Moderate Income
<br />$ 117,500 32.8% OK
<br />5 25.000 7__.-
<br />
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