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7�0 <br />April 4, 2023 <br />Informational Item <br />INDIAN RIVER COUNTY <br />BOARD OF COUNTY COMMISSIONERS <br />INTER -OFFICE MEMORANDUM <br />TO: Members of the Board of County Commissioners <br />DATE: April 4, 2023 <br />SUBJECT: SHIP & SHARP Grants Approved on March 10, 2023 <br />FROM: Laura Moss <br />Commissioner, District 5 <br />Informational Item: <br />For the Board's information, the following SHIP (State Housing Initiatives Partnership) loans and <br />SHARP (American Rescue Plan) grants were approved on March 10, 2023 by the Local Housing <br />Assistance Loan Review Committee: <br />1) $74,423.00 to Very Low Income household for purchase assistance. SHIP Purchase Assistance <br />Loan of $50,000.00, SHIP Impact Fee Loan of $4,423.00, and SHARP Grant of $20,000.00. The <br />household includes an employed, single father with two children. The purchase is in connection with the <br />Habitat for Humanity program. <br />2) $74,032.00 to Very Low Income household for purchase assistance. SHIP Purchase Assistance <br />Loan of $50,000.00, SHIP Impact Fee Loan of $4,032.00, and SHARP Grant of $20,000.00. The <br />household includes an employed husband with a wife and two children. The purchase is in connection <br />with the Habitat for Humanity program. <br />3) $90,000.00 to Low Income household for major rehabilitation assistance. SHIP Rehabilitation <br />Loan of $60,000.00 and SHARP Grant of $30,000.00. The household includes an employed, single <br />mother with one child. <br />4) $83,104.00 to Low Income household for major rehabilitation assistance. SHIP Rehabilitation <br />Loan of $43,104.00, SHARP Grant of $30,000.00, and SHARP Grant (Essential Personnel) of <br />$10,000.00. The household includes an employed, single mother with three children. Qualified as <br />Essential Personnel for employment as a Public Librarian Associate through Covid. <br />5) $64,423.00 to Low Income household for purchase assistance. SHIP Purchase Assistance Loan <br />of $35,000.00, SHIP Impact Fee Loan of $4,423.00, SHARP Grant of $15,000.00, and SHARP Grant <br />(Essential Personnel) of $10,000.00. The household includes an employed, single mother with one child. <br />Qualified as Essential Personnel for employment by IRC Fire Rescue. The purchase is in connection <br />with the Habitat for Humanity program. <br />15 <br />