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2000-255
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4W <br />40 <br />40 <br />LHAProgram is well known to the public. There are many more eligible <br />applicants than the county can assist with SHIP funds. Photocopy of the success <br />stories, newspaper articles, thank -you notes were sent to the Florida Housing <br />Coalition. <br />4. Describe how the Annual Report was made available for public inspection and comments. <br />Attach copies of all comments that were received and provide the local government's response. <br />Annual report provided to the public through Affordable Housing Advisory <br />Committee, Affordable Housing. Partnership meetings/Lending Consortium, <br />county planning division, municipalities within the county, the Treasure Coast <br />Builders. Association, and the county website. Availability of the reports also <br />advertised in the local newspaper. <br />Since State fiscal year 1992-93, 153 mortgages have been made to very low income <br />households with 2 in default. <br />Since State fiscal year 1992-93, 212 mortgages have been made to low income households <br />with 2 in default. <br />SinceStatefiscal year 1992-93, 49 mortgages have been made to moderate income <br />households with 1 in default. <br />Total default rate for all mortgages 2.17%, <br />6. Describe how eligible sponsors (if applicable) that employed personnel from welfare to work <br />Programs were given preference in the local selection process. <br />All applications reviewed based on first application submitted, first application <br />reviewed. <br />All applications approved based on first application completed, first application <br />approved <br />7. List strategies and give the average cost of production (1999-2000). <br />Strategy Number of Loans Average SHIP <br />Assistance <br />Downpayment/ClosingCost (DPCC) 4 $14,808 <br />DPCC + Rehabilitation Loan (RL) 29 $18,263 <br />DPCC + IFL + Land. Aquisition Loan (LAL) 1 $22,455 <br />DPCC + 1FL 5 $12,433 <br />RL + 1F'L 1 $1,578 <br />Rehabilitation Grant (RG) 3 $9.987 <br />Rehabilitation Loans (RL) 2 $15,528 <br />
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