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08/15/2023
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08/15/2023
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10/3/2023 3:53:38 PM
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10/3/2023 2:53:42 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
08/15/2023
Meeting Body
Board of County Commissioners
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Description Eff. 1 Bed <br />ELI 383 411 <br />VLI 638 684 <br />LOW 1,022 1,095 <br />MOD 1,533 1,642 <br />Up to 140% 1,7881 1,916 <br />Form SHIP AR,2009 <br />67-38.008 (5), F.A.C. <br />Effective Date: 5/23/2017 <br />2 Bed <br />3 Bed <br />4 Bed <br />$358,699.60 <br />549 <br />719 <br />889 <br />18.37% <br />821 <br />949 <br />1,058 <br />Owner Contribution <br />1,315 <br />1,518 <br />1,693 <br />$1,152,600.97 <br />1,971 <br />2,278 <br />2,541 <br />2,2991 <br />2,658 <br />2,964 <br />Recap of Funding Sources for Units Produced ("Leveraging") <br />Source of Funds Produced <br />through June 30th for Units <br />Amount of Funds Expended to <br />Date <br />% of Total Value <br />SHIP Funds Expended <br />$358,699.60 <br />31.12% <br />Public Moneys Expended <br />$211,779.37 <br />18.37% <br />Private Funds Expended <br />$582,122.00 <br />50.51% <br />Owner Contribution <br />$.00 <br />.00% <br />Total Value of All Units <br />$1,152,600.97 <br />100.00% <br />SHIP Program Compliance Summary - Home Ownership/Construction/Rehab <br />FL Statute <br />Compliance Category SHIP Funds Trust Funds % of Trust Fund Minimum % <br />Homeownership $358,699.60 $5,109.73 7019.93% 65% <br />Construction / Rehabilitation $358,699.60 $5,109.73 7019.93% 75% <br />Program Compliance - Income Set -Asides <br />Income Category <br />SHIP Funds <br />Total <br />Available <br />Funds % " <br />Extremely Low <br />$45,302.90 <br />11.65% <br />Very Low <br />$154,337.55 <br />39.68% <br />Low <br />$126,964.00 <br />32.64% <br />Moderate <br />$32,095.15 <br />8.25% <br />Over 120%-140% <br />$.00 <br />.00% <br />Totals: $358,699.60 92.23% <br />Project Funding for Expended Funds Only <br />Page 3 257 <br />
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