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FORM 2 : Rents and Compliance Summary <br /> Section 420 . 9075 ( b ) , ( c ) . ( d ) , ( a ) F . S . Submittal Date : 9 / 2 / 2003 <br /> FLORIDA' HOUSING FINANCE AGENCY - SHIP PROGRAM ANNUAL REPORT <br /> For State Fiscal Year : 2001 - 2002 Name of Local Entity : Indian River County <br /> Table A : Rental Unit Information <br /> Strategy Description Rental Rates - Actua <br /> E iciency - Be room 2 - Be room - Be room 4 - Bedroom <br /> B T NT <br /> R B TT T O <br /> Table B : Recap of Funding Sources for Units Produced <br /> Source or Funds for Amount or Funds <br /> Units roduced throu h June 30 Percentage <br /> SHIP FundS expendedEx ended to Date of Total Value <br /> > 1 , , 90 . 9 <br /> Public Moneys :: xpended 944 .31 bb 7 . 71 <br /> 23 <br /> Private Fun s expencted 5 <br /> Owner Equity 0 <br /> Total Value of Ali Units 0 <br /> 4 , 1 1 <br /> Table C : SHIP Program Compliance Summary - Home Ownership / Construction / Rehab * <br /> A C <br /> Comp lance Cate or FL Statute <br /> 9 Y SHIP Funds B Trust Fun * * % o Trust Fun Minimum % <br /> HOME OWNERSHIP 6 <br /> 11114 4 1 , =5 <br /> CONSTRUCTION REHABILITATION95 <br /> 1 , 054151119 1 , 5 , 1 3 <br /> Include amounts expended , encumbered , & unencumbered ( projected ) in this table <br /> • • ' tact <br /> I ' Anrtd equals Distribution plus Recaptured Funds <br /> Table D : Program Compliance - Income Set - Asides <br /> ( 1 ) Program Compliance by Units ( If Applicable ) <br /> A B C Co B Co . C <br /> Income Category Units Gran Tot Units Tot o Units <br /> Very Low Income 7 <br /> Low Income 37 <br /> 4 7 49 <br /> Moderate Income 1 7 <br /> TOTAL 7 19 <br /> 1 <br /> ( 2 ) Program Compliance by Funds Expended ( If Applicable ) <br /> A g C <br /> Income Category SHIP D E Tota * o Tota <br /> SHIP SHIP Tota Avai a e Available <br /> Ex ended Encumbered Pro ' ected B + C + D <br /> Very Low Income 51 1 . 0 0 • 11 , 2 . 1 Funds Funds <br /> ' 44 1 , <br /> Low Income 49 , 4 <br /> Moerate Income 7 0 44 , 4 1 . 4 0 38 <br /> 1 <br /> TOTALVrU681 9 . 9 . 0 <br /> III NIIIII <br /> 0 4 . 9 1 <br /> " Total Available Funds " equals Distribution + Recaptured Funds + Program Income + Carry Over Funds + <br /> Other Funds <br /> ' From Form l Table B Column B total <br /> Table E : Project Fundin <br /> Value of SHIP Number of SHIP Value of Number of Average <br /> Income Category Mortgages Mortgages <br /> Loans & DPLs Loans & DPLs Average SHIP SHIP Grant <br /> Ver , Low Income323 395 . 26 Loan Amount Grants Grants Amount <br /> Low Income <br /> 17 19 020 . 31 188 236 . 95 9 20 915 . 22 <br /> 447 / 481 , 47 34 13 161 . 22 <br /> Moderate Income 109 876 . 80 0 ' 00 0 0 . 00 <br /> 10 10 987 . 68 0 . 00 0 0 . 00 <br /> TOTAL 880 , 703 . 53 61 14 , 937 . 76 188 , 236 . 95 <br /> 9 20 , 915 . 22 <br /> Table F : Allowable Administration Set Aside from Program Income <br /> Total Amount of * * * <br /> 5 % 10 % Total Prog Income <br /> Program Income Maximum Maximum <br /> Allowed for Admin . <br /> $ 149 483 59 $ 7 474 . 18 N /A <br /> * Counties and Eligible Municipalities which receive more than the minimum distribution - 71474 , <br /> 18 <br /> Counties and Eligible Municipalities which receive the minimum distribution or less <br /> IP AR / 99 - 1 <br />