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A TRUE COPY
<br />CERTIFICATION ON LAST PAGE
<br />J.R. SMITH, CLERK
<br />Exhibit C
<br />Code Rental
<br />Qualifies for VU Units Max. SHIP ll Units Max. SHIP
<br />75%set-aside Award Awartl
<br />FLORIDA HOUSING FINANCE CORPORATION
<br />New Construction
<br />Without
<br />Construction
<br />Total
<br />Units
<br />21 New Construction (UHTC Project)
<br />Yes 1 $25,000 $25,000
<br />$2S,0001
<br />HOUSING DELIVERY GOALS CHART
<br />$0.001
<br />$25,000.00
<br />1
<br />$0.00
<br />2022-2023
<br />$0.00
<br />0
<br />Name of Local Government:
<br />Estimated Funds [Anticipated allocation only):
<br />Strategies
<br />Code
<br />Homeownership
<br />Indian River County
<br />$ 358,231'
<br />Qualifies for VU Units Max. SHIP U Units Max. SHIP Mod
<br />75% set-aside Award Award Units
<br />Max. SHIP
<br />Award
<br />New Construction
<br />Without
<br />Construction
<br />Total
<br />Units
<br />8 Impact Fee/Capacity 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 Loan with Rehab
<br />Yes
<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 $20,000
<br />$20,000
<br />$0.00
<br />$20,000.001
<br />$20,000.00
<br />1
<br />3 Owner Occupied Rehabilitation Loan
<br />Yes
<br />1 $60,000 1 $60,000
<br />$60,0001
<br />$120,000.00
<br />$0.00
<br />$120,000.00
<br />2
<br />6 Emergency Repair 30 Year loan
<br />yes
<br />2 $25,000 3 $25,000 1
<br />$25,13001
<br />$100,000.00
<br />$0.00
<br />$100,000.00
<br />4
<br />5 Waster Mitigation Repair 10 Year loan
<br />Yes
<br />$30,000 $30,0D0
<br />$30,000
<br />5o.o0
<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 />50.00
<br />0
<br />50.00
<br />$0.00
<br />$0.00
<br />0
<br />$o.OD
<br />50.00
<br />$0.00
<br />0
<br />1-1 Homeownership
<br />5 3 1
<br />$272,500.00
<br />$20,000.00
<br />$292,500.00
<br />9
<br />Purchase price Umits:
<br />New S 294,601 Existing $ 294,601
<br />Code Rental
<br />Qualifies for VU Units Max. SHIP ll Units Max. SHIP
<br />75%set-aside Award Awartl
<br />Mod M ---SHIP
<br />Units Award
<br />New Construction
<br />Without
<br />Construction
<br />Total
<br />Units
<br />21 New Construction (UHTC Project)
<br />Yes 1 $25,000 $25,000
<br />$2S,0001
<br />$25,000.001
<br />$0.001
<br />$25,000.00
<br />1
<br />$0.00
<br />$0.001
<br />$0.00
<br />0
<br />50.00
<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 />$0.00
<br />$0.00
<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 />0i'.
<br />Home Ownenhip Counseling
<br />$
<br />Total All Funds
<br />$ 353,323 +i
<br />Percentage Construction/Rehab (75% requirement)
<br />83.0%
<br />OK
<br />Homeownership % (65% requirement)
<br />81.7%
<br />OK
<br />Rental Restriction (25%)
<br />7.0%
<br />OK
<br />Very-Lowlncome(30%requirement)
<br />$ 175,000 48.9%
<br />OK
<br />Low Income (30% requirement)
<br />Moderate Income
<br />$ 117,500 32.8%
<br />5 25.0001 7.0%
<br />
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