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FINI <br /> . i . 1 <br /> PUBLIC NOTICE <br /> • 1 ' ii <br /> INDIAN • <br /> APPLICATIONSACCEPTING • <br /> PARTICIPATION • 01 rrs Sp/-m.( .s . Laky I'( wi plc• <br /> LOCAL • •x <br /> PROGRAM • \ ludlllll , b lc6 ■/-//�'�—�1�///, • C I r . 1 • • • 1 <br /> Notice is hereby given 1 11 1, 111161/ � . V � ��� ►:J r I <br /> • � tipu hualle �. <br /> ,1 .ulablc . <br /> YCommissioners of Indian River County, Florida will be accepting <br /> I i is Lr , 1 <br /> .� — <br /> applications from households In the very low, IoY4 and moderate <br /> __ <br /> or rehabilitation of affordable housing units, Unless eartencled by the <br /> - 11 1 • • ' Arl , ar.n • .1income categories and from non-profit organizations for <br />the purchase <br /> IFNI <br /> Coumy estimates that it will receive I Huulc hll <br /> $970, 110.00 3 'IT <br /> . ■ <br /> administrative costs) for FY 2002-2003 from the Florida State Housing 7Z <br /> Initiatives Partnership (SHIP)Program which will be made available <br /> level <br /> through the Indian River County Local Housing Assistance a <br /> sees <br /> Program for the following activities: aew13 �.. .wl� oto••y � '. '. �,. _ �1• •V ',y Id <br /> � Its <br /> IType of Assistance Available by Income Category <br /> AVAILABLE LOCA ASSISTANCE <br /> lam_ <br /> - . '.� 11-1u 11d- <br /> ® - <br /> - 1 1111 11 • <br /> e Ili II I Il <br /> 1 1 1 1 <br /> Dow Payment/Closing CostPrincipal <br /> Reduction Loans for: <br /> L purchase of an eadirding home <br /> "ithout rehabilitation VU <br /> (not more dars IS% of total funds) <br /> b. purchase of rewF home <br /> I , <br /> 1 " 11 <br /> . ags a�.-eta«-,.s «s "•ua <br /> IBLE ►' : . <br /> GRO <br /> �. . <br /> ess dw we year old) III ell <br /> vul U, MI <br /> Zc. construction of n" home VU, U, MI <br /> IF <br /> wm p <br /> ' <br /> IF <br /> d. purchm of an socisting home being* 1 <br /> 1 .a <br /> @jF. E , <br /> Iq} {f Tl fv �'" f • .gf� j I ,vn.±'J•� �v i <br /> q� swims <br /> ♦ <br /> �y Y <br /> 1 11I 11 y r - q -y Y 1 F • �� <br /> ct <br /> nd't� ,N's3'42�' - f ._.#t "tic" •' y .bY ."9 <br /> 41 <br /> I M <br /> • A <br /> IF <br /> as either vary low, low, or moderate band on the <br /> Indian River County Maximum Inscome Levels IF <br /> and Income Classification (FY <br /> � s <br /> +� I <br /> 2002-2003) <br /> roILI <br /> - .s. . +dy p 71IA <br /> 11, T SR IF <br /> ` <br /> t 4IF <br /> Person 1Household Very Low LOW Moderate <br /> Size Up to 50% of MI 5 1430% of MI 81 - 120% Of MI <br /> 1 1 <br /> t i try <br /> 2 Persian 20.950 33,550 502W <br /> IF <br /> q <br /> personIF <br /> . . 11 37t7SO Mewrr <br /> gIR0� F <br /> 4 person 26.200 41 ,900 62AW <br /> 5 person 28,300 45.250 67,920 <br /> 6 person 30,400 r 72.960 r dK v <br /> , r 52,00 78.000 : • , ' <br /> 8 Person Ir 55.350 83.040 <br /> MI a Median Income = 1 O <br /> 11N.� • n •. - 4 rlr. ' • 1 - <br /> 12. Emp"mitAt Wast; we of the household m ban must ourrw* be <br /> I ensplayed (Including having bow 0andflUIDUS111 employed for the put year). be a <br /> I seasonal farm worker or be a special needs person (elderly disabled, etc). <br /> 4. <br /> r: 1 • 11 y . t • • .YI • I <br /> _ applicant • Y. • .I • I 1 <br /> least the prennous one ( 1 ) year. <br /> � • - I, • : 1 • 1 rl I 1 • <br /> ieas: three Ili) Yea� before being approved to receive do*n priernent'dosing -A Is as <br /> - 0st assistance <br /> 6. Price/Rent Unnizaticins: purchase prices for homes and rental race; for renta s <br /> housing may not be higher than limits set by the Local Housing Assistance <br /> \ • \ I Ie Tour This <br /> • • • . el Home Today ' <br /> Ma;uissms purchase price for mating horneic 11 •. ' • r • • • 1ontclair <br /> Maximsim purchase price for new licimest $ 106,36S.00 <br /> 1 • • <br /> In . �7900 <br /> '� o���_ . • e Mercedes <br /> • : a 0 96 #1 all HOMES <br />