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2003-217B
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2003-217B
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Last modified
11/18/2016 1:07:16 PM
Creation date
9/30/2015 6:44:54 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Report
Approved Date
09/02/2003
Control Number
2003-217B
Agenda Item Number
7.H.
Entity Name
Florida Housing Finance Corporation
Subject
Annual Fiscal Report for Year 2002-2003
Archived Roll/Disk#
3162
Supplemental fields
SmeadsoftID
3368
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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 Partnership <br /> meetings/Lending Consortium , county planning division , municipalities within <br /> the county, the Treasure Coast Builders Association , and the county website . <br /> Availability of the reports also advertised in the local newspaper. <br /> 5 . Since State fiscal year 1992-93 , 228 mortgages have been made to very low income <br /> households with 3 in default. <br /> Since State fiscal year 1992 -93 , 300 mortgages have been made to low income households <br /> with 5 in default . <br /> Since State fiscal year 1992 -93 , 73 mortgages have been made to moderate income <br /> households with 1 in default . <br /> Total default rate for all mortgages 1 . 49 % . <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 (FY 2002-2003 YTD ) , <br /> Strategy Number of Loans Average SHIP <br /> Finalized YTD Assistance <br /> Downpayment/Closing Cost (DPCC) 2 $ 15 , 585 <br /> DPCC + Rehabilitation Loan (RL) 2 $ 14 , 687 <br /> EFL + RL 1 $ 1 ,787 <br /> DPCC + EFL 16 $ 17 , 145 <br /> Rehabilitation Grant (RG) 1 $ 16 , 944 <br /> Rehabilitation Loans (RL) 5 $ 8 , 368 <br /> TOTAL 27 $ 14 , 646 <br /> 8 . List property name , address with zip code , number of units and amount of program <br /> assistance ($ ) for all rental development . <br /> No rental assistance is provided <br /> 9 . List address and amount of program assistance for all home ownership activities by <br /> strategy. <br />
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