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FORM 2 . Rents and Compliancg Summary Submittal Date: 9/09/09
<br /> HHR Annual Report form AR05.1 (07/05) Fiscal Year 2005-2008 Interim
<br /> FLORIDA HOUSING FINANCE CORPORATION - HHR PROGRAM ANNUAL REPORT
<br /> INDIAN RIVER
<br /> Name of Local Entity: COUNTY
<br /> Table A: Rental Unit Information
<br /> RENTALRATES - ACTUAL
<br /> If rents vary for the same unit, enter greatest amount
<br /> A B C D E
<br /> STRATEGY DESCRIPTION Eft, 1 Bed 2 Bed 3 Bed 4 Bed
<br /> IRC HOUSING AUTHORITY 270 340 410
<br /> BY THE RIVER INC . KASHI CHURCH FOUNDATION 446
<br /> Table B : Recap of Funding Sources for Units Produced
<br /> Source of $$ Produced thru June 30th for Units Amount of Funds Expended to Date % of Total Value
<br /> A B C
<br /> Funds Expended 12 ,6612436 . 82 86%
<br /> Public Moneys Expended 55 265 . 35 0%
<br /> Private Funds Expended $ 51282 ,300. 00 43%144 , 792 . 50 1 %
<br /> Owner Equity
<br /> Total Value of All Units 18 ,043 , 794 .67 146%
<br /> Table C : HHR Program Compliance Summa - Home Ownership/Construction/Rehab`
<br /> Compliance Category Funds' Trust Fund " % of Trust Fund Minimum percentage
<br /> A B C D E
<br /> HOMEOWNERSHIP 91562 , 726.64 14 , 563,228. 00 66% 65%
<br /> CONSTRUCTION/REHABILITATION 13, 834 , 566 . 64 14 , 563 , 228. 00 95% 75%
<br /> Include amounts expended , encumbered , & unencumbered (projected) in this table
<br /> "X
<br /> " this box If you have
<br /> ean�approved waiver of the 65% Homeownership'Re ulrement
<br /> Table D: Program Compliance - Income Set-Asides
<br /> Program Compliance by Funds Expended , Encumbered , Unencumbered (projected)
<br /> % of Total
<br /> Income Category $ Expended $ Encumbered *Unencumbered Total A+ B+ C Available Funds 'Total Available Funds
<br /> A B D E F
<br /> ELI 2 , 5281723 .68 244 , 261 . 44 2 , 772 , 985 . 12 19% $ 14 , 563 , 228 .00
<br /> VeryLow 5 , 267 , 157 . 05 702 , 251 .64 5 ,969 ,408 . 69 48 % $ 12 ,378 , 744 . 00
<br /> Low income 41082 , 057 . 19 305 ,327 . 92 41387 , 385 . 11 35% $ 12 , 378 , 744 .00
<br /> Moderate Income 683 ,498 . 90 683 ,498 . 90 6°0 $ 12 , 378 , 744 . 00
<br /> TOTAL 12 , 561 , 436 . 82 1 ,251 ,840 . 00 13 , 813 , 277 . 82 112 / $ 12 ,378 , 744 . 00
<br /> "Total Available Funds" equals State Distribution + Recaptured Funds + Program Income + Carry Over Funds + Other Funds
<br /> ' From Form 1 Table B Column B total
<br /> Table E Special Target Groups for Funds Expended (i a teachers nurses law enforcement fire fighters L etc. ) Set Aside
<br /> Strategy Description Special Target Group Expended Funds Total # of Expended Units
<br /> A B C D
<br /> Total
<br /> Table F : Project Fundin for Expended Funds Only
<br /> Total HHR # of HHR
<br /> Income Category Mortgages , Loans Mortgages , Loans Average Loan Total of HHR Average Grant Total #
<br /> and DPL's and DPL' s Amount Grants # of HHR Grants Amount Total HHR Funds Expended of Units
<br /> A B C D E F G H
<br /> ELI 1 ,781 ,032 . 73 31 57 ,452 .67 7479690 .95 58 12, 891 .22 21528 , 723.68 89
<br /> Very-Low 3 ,679 , 892 . 50 5369 ,431 . 93 1 ,587 , 264 . 55 99 16 , 032 .97 5, 267, 157.05 152
<br /> Low Inwme 2 ,505 , 852 . 59 53 47 , 280.24 11576 ,204.60 101 15 ,605.99 41082,057 . 19 154
<br /> Moderate Income 683 ,498 .90 35 19,528 . 54 683,498 .90 35
<br /> 1 TOTAL 8 ,650 ,276.72 172150,292.31 31911 , 160. 10 258 15
<br />, 159 . 54 12 , 561 ,436.82 430
<br /> I .AR05-1
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