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3i5.51DO <br />3WI200 <br />PUBLIC NOTICE <br />IRIDIAN RIVER COUNTY IS ACCEPTING <br />APPLICATIONS FOR PARTICIPATION <br />-IN THE COUNTY LOCAL HOUSING <br />ASSISTANCE PROGRAM <br />ib[KS Ishereby jtven that. starring October 1. 1499. dee BOW of County <br />Cornmissronrn of Indian River Counry. F7orda will he rortlaing applxauons f urtl <br />householdsto the very IOw, low, and err &Tac• inrorme categons and from new-ptviil <br />orgaruratsom for Use purchase or reha6iIamoo of affordable botmmj. The Cou nsy <br />eu nares tnat tt will ttcerse 5669.971.00 (iuHodinj adminsstranrecosts) for FY 1998. <br />oa bocci the Flonda Sate Housinj 3ndlanvcs PmtKrWsp Projra i (SHIP) which will be <br />moat asatlabk through the Lidiao River Canary Local Honaiaj Aaaiabaatx <br />pr'ostrium (1 LkPMxMm) for the following ruvstser: <br />•yailable JAKd Ajo1stsacc <br />rrpe of Assls UKTI `surnued Attwum <br />Idewam Croup <br />Impacn an <br />Fee Les 1520.000901 <br />VL L 1 <br />Rshabtllrwon Lzaas [5200.000.001 • ' <br />346 <br />b. tt�nsnrr used Ino( more Ulan 15* of real finds} <br />VIS <br />M L.l tevoft.ah <br />13nx npamsrntrClot int CostlPrinrrpsi Redusieon Loons <br />7.5% <br />1$372.974,001 <br />371 <br />a purchase of an ext 11 Ing home wuhm" rehabilIUMM Ind <br />rr re than I S% of total funds <br />VU <br />l <br />b purchase Of new home Ikss than one ym old <br />VLL LI. MI, <br />c ronsrnsctwn of nen home <br />d purchase df an eslsunj dome beinj re-abilirated m tie <br />Yb I. I.J. MI' <br />lase I: months <br />VL3.. U. Mh• <br />C . Combined purchase and rehabil6ladon of an eaismaj home <br />VU. LI <br />h .. Arantsittar Loans 15[0.000.001 <br />VU 1117ruso ora. <br />j9.5% <br />pofa m!y <br />rLa . very Lew Income, u a Low Lironx_ Aid . Moderam heoree • Modcr= <br />slscarne hsoissehofds arc elijible to restive L KAptt>eam funds poly i( tow <br />household income dots rut exceed the msd-pornt d roe WOderarr loaxne rants <br />consistem -0 the table b0ou. <br />A sot um we well br pro, Hied as delemed payrnery krtna, Applieartts, <br />pamrmocaj In Ilse Local Housing Aussunce Plupam am,, rrteef the follow <br />rryreutmrtnts� urs <br />I. Inconsr kvei. A hots se hold's tool =U%pitnsmme kvel nnm be <br />1: aukr" u either very low. kriv, or modems•. <br />Indian Rlrer Counry Masimvsm !roque Levrb and Irscorrie <br />classificauon fFY 1949-991 . <br />Hnxe.lv.td ti,. Vn, t.-...yl.s t 8 �.1 u If lutA—t'trYS4 <br />I <br />P. 1715.000 1aA00 3D,030 <br />Persons .150 2 <br />7.450 34320 <br />3 Persons 19.900 30.900 36.610 <br />4 Acrsdn4 :1,450 34.300 42.900 <br />+x.910000 950 3746.S3f <br />AOO 49.764 <br />7 Perms 26.600 42350 53.143 <br />8 Persons 211 -mo 4500 56.62E <br />Median Housho4d lnrome . U4900 <br />- Empks}rneni . Ai kris one Of the haluchoid membcn muni cunxnrlr be <br />empks}ad t imiudm,,gg rasing been conuwously empkryed for Int put yrarl. be <br />a seasonal fafmworker. Or be as special taerds Perin lekkrby, dssahked. etc.}. <br />3. Asses: A houuhok5's uxrd outs shall rK4 estxed S 10.000.00. Any rescue over <br />52,000 must be appiwd toward housing urn purchase before SHIP fuh& are used. <br />4. CredlI Vert" An rpplaran.I shall have a sausfaetbry prdit nuns for ar kat <br />the pttrwus Out t I t year <br />5 Homebu.er Sulm. do member of hOtssenob sha11 have owned a bmw for at kau <br />three t3 t yea, before being approved to reeesrr doumpryrnenur Wnj cost alalsanee. <br />6 Pure -Rent Limitations Purshaw prK" for homes ana renal rases for <br />M41 housing may not be ht jher lhan Itmru set by the L AProsrarn. <br />S4aarmum purcha.c prier for existing or new homes: Ul34&G0 <br />kla+atmum renal errs by Worm catrgary and by number of bedrooms: <br />------------- <br />lneomt Number of Bedroom m ren <br />Ca:tgury EFF 1 } 3 4 <br />'i+Ll..,.p - <br />sy 53"• 5 3001 5495 3357 Uzi <br />nc net Um 1645 5792 So, 5995 <br />of m2bii, tllt�ea _ <br />Funds mar not be used to mpasr. fehubils4te. a purelmm Itsnbi4e heroes it <br />DitInftiaranon and appkruscvirts nay be obtarried from the Ildsan Rives County M4nnirrg <br />iyts 14tgy kxvled V 1940 25th Suter. Vero Beath, Flrxda, 32960. For "mm mfor ul on <br />canton the iridian RiverCouruv Kanntnj DPWL44at4%1)567-MM tic 434 <br />Mortgage <br />+1,'�c�tiPa <br />6% <br />2S3 <br />1 338 <br />6.3% <br />381 <br />346 <br />7% <br />370 <br />360 <br />7.5% <br />979 <br />371 <br />G <br />8% <br />997 <br />332 <br />8.5% <br />2'45 <br />394 <br />11 <br />9% <br />304 <br />406 <br />j9.5% <br />313 <br />418 <br />10% <br />332 <br />430 <br />10.5% <br />332 <br />442 <br />11% <br />341 <br />455 <br />11.5% <br />350 <br />467 <br />12%1 <br />3601 <br />4a0 <br />Mortgage <br />696 <br />140 <br />240 <br />6.5% <br />190 <br />253 <br />7% <br />200 <br />266 <br />7.5% <br />210 <br />290 <br />6% <br />220 <br />294 <br />S.5% <br />231 <br />308 <br />9% <br />241 <br />322 <br />9.5% <br />252 <br />336 <br />10% <br />263 <br />351 <br />10.5% <br />274 <br />366 <br />11% <br />2" <br />381 <br />11.5% <br />297 <br />396 <br />12% <br />30a <br />411 <br />I a06POMM000nthe eindusio <br />