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+! <br />40 <br />M, kr'rar�,lovrtl�sal <br />ADDENDUM TO SALES CONTRACT <br />$ I Home Sales to Local Governments Program <br />PROPERTY ADDRESS: <br />584 STH STREET sw <br />VERO BEACH FL 32962 US <br />FHA CASE NUMBER: 494121959 <br />■ The proposed disposition strategies, goals and objective for purchasing this property <br />are: (Purchase may list a number of alternative strategies here.) <br />The Indian Diver Board of County Commissioners as the eligible unit of local <br />(county) government, intends to purchase the above refe c.n( d property and <br />convey it to the Indian River Homeless Services Council, Inc, a Florida Non - <br />Profit Corporation (501 cal which is the lead agency for the HUD Continuum of <br />Care for the Homeless. The purp9se of this conve ante is to allow the ro ent to <br />be rehabilitated and used as affordable housing stock for IJ homeless families <br />who are "graduating from transitional housing programs, or (2I for homeless or <br />near homeless families who are eligible for SHIP first time homebuyer down <br />payment and closing cost assistance for low and very low income families, or {31 <br />for homeless families who are eligible for assistance under the Tem orar <br />Financial Assistance to Homeless Families Program administered in Indian River <br />County by the Homeless Assistance Center of Vero Reach Fl. Inc . <br />By signing this addendum, IIWe affirm that all profits from sale of IIUD homes will <br />go to support local 'housing community development initiatives: <br />The fallowing local government programs will benefit from the proceeds in excess of <br />the cost to rehabilitate the property received from purchasing and subsequently <br />selling the property: <br />The Indian River Homeless Services Council, Inc. will rehabilitate the profaertyjar�d <br />snake it available(l) to a family who has completed the transitional housing, ro ram <br />offered by Samaritan Center, Inc., a transitional housing program s�ronsored lav_ the <br />Diocese of Palm Beach, or (2) to a family who has completed the transitional <br />housineprogram of the Family OP`T'IONS Transitional Mousing Program, funded by <br />HUD under the 2000 Super NOF A with the Indian River County Department of <br />Iluman Services. as the Selectee or (3to a fam'sly who is identified bythe Homeless <br />Assistance Center of Indian River County through the TFAI_-IFPralram as_ housing <br />ready. Any proceeds from the sale will Fre returned to the Indian River Homeless <br />