The URL can be used to link to this page

Home My WebLink About2017-111State Housing Initiatives Partnership (SHIP) Program Annual Report and Local Housing Incentives Certification On Behalf of Indian River County (Local Government), I hereby certify that: 1. The Annual Report information submitted electronically to Florida Housing Finance Corporation is true and accurate for the closeout year 2014/2015 and interim years 2015-2016 & 2016-2017 2. The local housing incentives or local housing incentive plan have been implemented or are in the process of being implemented. Including, at a minimum: a. Permits as defined in s.163.3164 (15) and (16) for affordable housing projects are expedited to a greater degree than other projects; and b. There is an ongoing process for review of local policies, ordinances, regulations, and plan provisions that increase the cost of housing prior to their adoption. 3. The cumulative cost per newly constructed housing per housing unit, from these actions is estimated to be $ 0.00 4. The cumulative cost per rehabilitated housing per housing unit, from these actions is estimated to be $ 0.00 Staff Member responsible for submitting annual report to FHFC: Sasan Rohani QQ Af1J &J24io Witness Signature Date ief E ected Official ief E ected Official or Designee Signature . MISSY•. rrr i (i r1S LIS -Fe r15 l Witness Printed Name Witness Signature 774. • /CI�Uy t?//A&O p . Flescher, Cha; rman Elect Date Witness Printed Name or R_15 17 Date eki Official or Designee Printed Name APPROVED AS TO FORM AN L GAL UFHHC EWCY RY/�� ( _art/ WILLIAM! K. DEBRAAL DEPUTY COUNTY AT T ORNE 7\1 FEST: Jeffrey R. Smith, Clerk of Circuit Court and C_nmptrol_l-er EY: Denuty Cler 420.9075 (10) Each county or eligible municipality shall submit to the corporation by September 15 of each year a report of its affordable housing programs and accomplishments through June 30 immediately preceding submittal of the report. The report shall be certified as accurate and complete by the local government's chief elected official or his or her designee. Transmittal of the annual report by a county's or eligible municipality's chief elected official, or his or her designee, certifies that the local housing incentive strategies, or, if applicable, the local housing incentive plan, have been implemented or are in the process of being implemented pursuant to the adopted schedule for implementation. Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Title: SHIP Annual Report Report Status: Unsubmitted Indian River County FY 2014/2015 Closeout Form 1 SHIP Distribution Summary Homeownership Code Strategy Expended Amount Units Encumbered Amount Units Unencumbered Amount Units Purchase Assistance with Rehab $39,081.58 2 6 Emergency Rehab $85,162.81 12 8 Impact Fee Loan $5,569.00 1 2 Purchase Assistance with Impact Fee Loan $306,530.00 13 3 Rehabilitation $400,548.94 12 Homeownership Totals: $836,892.33 40 Rentals Rental Totals: Subtotals: Additional Use of Funds Use Administrative Homeownership Counseling Admin From Program Income Admin From Disaster Funds Totals: $836,892.33 Expended $69,755.80 $10,976.37 $917,624.50 40 40 Encumbered $.00 Total Revenue (Actual and/or Anticipated) for Local SHIP Trust Fund Source of Funds Amount Expended $697,558.00 Encumbered $1,771.57 Unencumbered $217,755.91 Code Strategy Amount Units Amount Units Amount Units Rental Totals: Subtotals: Additional Use of Funds Use Administrative Homeownership Counseling Admin From Program Income Admin From Disaster Funds Totals: $836,892.33 Expended $69,755.80 $10,976.37 $917,624.50 40 40 Encumbered $.00 Total Revenue (Actual and/or Anticipated) for Local SHIP Trust Fund Source of Funds Amount State Annual Distribution $697,558.00 Program Income (Interest) $1,771.57 Program Income (Payments) $217,755.91 Recaptured Funds Disaster Funds Other Funds Page 1 Unencumbered $.00 Carryover funds from previous year $3,878.17 Total: $920.063.65 Form SHIP Amonon 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 * Carry Forward to Next Year: $3.339.16 NOTE: This carry forward amounwill only be accurate when all revenue amounts and al expended, encumbered and unencumbered amounts have been added to Form 1 Form 2 Page 2 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Rental Unit Information Description Eff. 1 Bed 2 Bed 3 Bed 4 Bed V No rental strategies are in use Recap of Funding Sources for Units Produced ("Leveraging") Source of Funds Produced through June 30th for Units Amount of Funds Expended to Date % of Total Value SHIP Funds Expended $836,892.33 35.00% Public Moneys Expended .00% Private Funds Expended $1,554,164.12 65.00% Owner Contribution .00% Total Value of All Units $2,391,056.45 100.00% SHIP Program Compliance Summary - Home Ownership/Construction/Rehab Compliance Category SHIP Funds Trust Funds % of Trust Fund FL Statute Minimum % Homeownership $836,892.33 $697,558.00 119.97% 65% Construction / Rehabilitation $836,892.33 $697,558.00 119.97% 75% Program Compliance - Income Set -Asides Income Category SHIP Funds Expended SHIP Funds Encumbered SHIP Funds Unencumbered Total of SHIP Funds Total Available Funds %* Extremely Low $264,744.67 $264,744.67 28.75% Very Low $187,304.40 $187,304.40 20.34% Low $353,839.21 $353,839.21 38.42% Moderate $31,004.05 $31,004.05 3.37% Over 120%-140% $.00 .00% Totals: $836,892.33 $.00 $.00 $836,892.33 90.87% Project Funding for Expended Funds Only Income Category Total Funds Mortgages, Loans & DPL's Mortgages, Loans & DPL Unit #s Total Funds SHIP Grants SHIP Grant Unit #s Total SHIP Funds Expended Total # Units Extremely Low $264,744.67 10 $264,744.67 10 Very Low $187,304.40 9 $187,304.40 9 Low $353,839.21 19 $353,839.21 19 Moderate $31,004.05 2 $31,004.05 2 Totals: $836,892.33 40 $.00 0 $836,892.33 40 Page 3 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Form 3 Number of Households/Units Produced Strategy List Unincorporated and Each Municipality ELI VU Low Mod Total Purchase Assistance with Rehab Indian River County 1 1 1 Purchase Assistance with Rehab Sebastian 1 1 1 Emergency Rehab Fellsmere 1 1 1 Emergency Rehab Indian River County 1 3 3 5 7 Emergency Rehab Sebastian 1 1 1 1 3 Emergency Rehab City of Vero Beach 1 1 1 Impact Fee Loan Fellsmere 1 1 1 Purchase Assistance with lmpact Fee Loan Fellsmere 2 1 3 Purchase Assistance with Impact Fee Loan Indian River County 1 1 8 10 Rehabilitation Fellsmere 1 1 1 Rehabilitation Indian River County 4 2 3 2 9 Rehabilitation Sebastian 1 1 2 Totals: Characteristics/Age (Head of Household) 10 9 19 2 40 Description List U and Each Municipality 0-25 26-40 41 - 61 62+ Total Purchase Assistance with Rehab Indian River County 1 1 Purchase Assistance with Rehab Sebastian 1 1 Emergency Rehab Fellsmere 1 1 Emergency Rehab Indian River County 2 5 7 Emergency Rehab Sebastian 1 2 3 Emergency Rehab City of Vero Beach 1 1 Impact Fee Loan Fellsmere 1 1 Purchase Assistance with Impact Fee Loan Fellsmere 1 2 3 Purchase Assistance with Impact Fee Loan Indian River County 9 1 10 Rehabilitation Fellsmere 1 1 Rehabilitation Indiari River County 1 6 2 9 Page 4 Form SHIP AR/2noo 67'37.0083Xq.F.A.C. Effective Date: 11/2009 Rehabilitation Sebastian 1 1 2 Totals: Family Size 16 14 10 Description List U and Each Municipality 1 Person 2-4 People 5* People Total Purchase Assistance with Rehab ndian River County Total 1 Indian River County 1 Purchase Assistance with Rehab Sebastian 1 1 Emergency Rehab Fellsmere 1 1 Emergency Rehab Indian River County 3 3 1 7 Emergency Rehab Sebastian 3 3 Emergency Rehab City of Vero Beach 1 1 1 mpact Fee Loan Fellsmere 7 Emergency Rehab 1 1 Purchase Assistance with impact Fee Loan Fellsmere 3 3 Purchase Assistance with Impact Fee Loan Indian River County 1 6 4 10 Rehabilitation Fellsmere 1 Impact Fee Loan 1 1 Rehabilitation Indian River County 5 4 9 Rehabilitation Sebastian 1 1 2 Totals: Race (Head of Household) 10 23 7 40 40 Description List Unincorporated and Each Municipality White Black Hisp- anic Asian Amer- mmpDes#1pMmn Indian Other Total Purchase Assistance with Rehab Indian River County 1 1 Purchase Assistance with Rehab Sebastian 1 1 Emergency Rehab Fellsmere 1 1 Emergency Rehab Indian River County 6 1 7 Emergency Rehab Sebastian 3 3 Emergency Rehab City of Vero Beach 1 1 Impact Fee Loan Fellsmere 1 1 Purchase Assistance with Impact Fee Loan Fellsmere 2 1 3 Purchase Assistance with Impact Fee Loan Indian River County 1 9 10 Rehabilitation Fellsmere 1 1 Page 5 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Rehabilitation Indian River County 1 7 1 9 Rehabilitation Sebastian 2 2 Totals: Demographics (Any Member of Household) 15 21 4 40 Description List U 1 and Each Municipality Farm Worker Devel. Dis- abled Home - less Elderly Other Other Total Purchase Assistance with Rehab Indian River County 0 Purchase Assistance with Rehab Sebastian 0 Emergency Rehab Fellsmere 1 1 2 Emergency Rehab lndian River County 4 2 6 Emergency Rehab Sebastian 2 1 3 Emergency Rehab City af Vero Beach 1 1 lmpact Fee Loan Fellsmere 1 1 Purchase Assistance with mpact Fee Loan Fellsmere 1 1 Purchase Assistance with Impact Fee Loan Indian River County 2 1 3 Rehabilitation Fellsmere 0 Rehabilitation Indian River County 1 1 5 7 Totals: 1 6 7 12 Special Target Groups for Funds Expended (i.e. teachers, nurses, Iaw enforcement, fire fighters, etc.) Set Aside Description Special Target Group Expended FundsExpended Units Total # of 1 27 Form 4 Status of Incentive Strategies Page 6 Form SHIP AR/2009 67-37.008(3)(q. F.A.C. Effective Date: 11/2009 Adopted regulations providing up to a 20% density bonus for affordable housing development projects (housing element policy 2.5'Land Development Regulations Section Q11.14(4)(a)). Adopted regulations aliowing for small lot subdivisions with reduced setbacks, lot size, and lot width requirements (Land Development Regulations, Chapter Q11and Section S71.41(1O)). Adopted policies for expedited permit processing (Housing Element policies 1.5 and 1.6). Adopted policy for review of proposed local policies or regulations which may increase the cost of housing (Housing Element poiicy 1 .7). Adopted a policy for inventory of all surplus county owned land (Housing Element policy 2.4). Adopted regulations allowing zero lot line subdivisions (Land Development Regulations Section 915.15). Established Local Housing Assistance Program, allowing the county to utilize State Housing Initiatives Partnership (SHIP) program funds for the provision of affordable housing (Local Housing Assistance Program, Local Housing Assistance Plan, Housing Element policies 27`3.5.4.4.4.G.47.4.Qand 0.1). Adopting Ordinance or Resolution Number or identify local policy: Identified as part of section "A" above. Implementation Schedule (Date): All incentives were implemented as scheduled. Has the plan or strategy been implemented? If no, describe the steps that will be taken to implement the plan: Yes Status of Strategy - (is the strategy functionng as inb*nded, i.e. are the time frames being met, etc.): All Strategies are working as intended. Support Services The county, in conjunction with financial institutions, conducts a homebuyers education workshop program for all applicants who requespurchase assistance (see attachments regarding homebuyers education program). The county holds Indian River County SHIP Affordable Housing Partnership Meetings with local lenders and real estate professionals to provide updates on office policy changes to the SHIP program and invite them to join the SHIP program. SHIP staff work closely with Habitat for Humanity staff to provide loan assistance to qualified loan applicants in Indian River County. The Indian River County Council on Aging provides various services to elderly and handicapped individuals including housing assistance. The Housing Authority and Economic Opportunity Council provides housing assistance to qualified households. County staff provide one on one assistance to applicants for completing SHIP opp|iouhonn, resolving credit pmb|omn, referring applicants to appropriate financial institutions for acquiring first mortgages and providing other assistance as needed. County SHIP staff, in conjunction with local financial inadbutione, non-profit organizations and oUhem, conducts information workshops in the Gifford and Wabasso area of the county which have a high percentage of minorities and Iow income households. Other Accomplishments Page 7 Form SHIP AR000e 67-37,008(3)(f), F.A.C. Effective Date: 11/2009 At the end of June 2015, the Indian River County LHAProgram has approved 40 loans with FY 2014/2015 funding, LHAProgram staff held several public meetings, placed newspaper advertisements and announcements. Because of these efforts, the LHAProgram is well known to the public, and there are many more eligible applicants than the county can assist with available SHIP funds. Availability for Public Inspection and Comments Annual reports provided to the public through AHAC, Affordable Housing Partnership Gnoup, county planning division, municipalities within the county, and the county website. Homeownership Default & Foreclosure Mortgage Foreclosures A. Very Iow income households in foreclosure: 0 B. Low income households in foreclosure: 3 C. Moderate households in foreclosure: 0 Foreclosed Loans Life -to -date: 61 SHIP Program Foreclosure Percentage Rate Life to Date: 3.61 Mortgage Defaults A. Very Iow income households in default: 0 B. Low income households in defaut: 0 C. Moderate households in default: 0 Defaulted Loans Life -to -date: 14 SHIP Program Default Percentage Rate Life to Date: .83 Welfare to Work Programs Priority is given to Welfare to Work program applicants. Strategies and Production Costs Strategy Average Cost Purchase Assistance with Rehab $19.54079 Emergency Rehab $7.096.00 Impact Fee Loan $5.589.00 Purchase Assistance with lmpact Fee Loan $23,579.23 Rehabilitation $33,379.08 Expended Funds Total Unit Count: 40 Total Expended Amount: $836.893.00 Strategy Full Name Address City Zip Expended Unit Code Funds Counted Purchase Assistance with Rehab C|edanor, Mamese 1055 Highland Dr SW Vero Beach 32962 $18,926.88 E Page 8 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Purchase Assistance with Rehab Johnson, Janecia 1373 Barber St Sebastian 32958 $20,154.70 p Emergency Rehab Bass, Alberta P 0 Box 700546 Wabasso 32970 $5,388.90 Emergency Rehab Coffey, Barbara 675 Kenwood DR SW Vero Beach 32968 $11,183.70 Emergency Rehab Cohn & Carnac, Christopher and Patricia 245 Manly Ave Sebastian 32958 $10,849.35 p Emergency Rehab Cordle, Roy and Joan 71 N Oleander St Fellsmere 32948 $12,498.75 Emergency Rehab Gallagher, Susan & James 864 Granduer Ave Sebastian 32958 $9,444.46 Emergency Rehab Goncalves, Alaor & Flor 1816 Highland SW DR Vero Beach 32962 $3,984.00 Emergency Rehab Harrington, Jamie 322 Lime Ave Sebastian 32958 $3,482.25 I Emergency Rehab Hays, Linda 2845 Potilla Ave Vero Beach 32960 $7,094.85 Emergency Rehab Parker, Kenneth 8726 92nd Court Vero Beach 32960 $7,998.00 (l Emergency Rehab Parks, Lawrence 1386 14th Ave Vero Beach 32960 $3,682.95 F-7 Emergency Rehab Richards, John & Lois 145 44th Ave Vero Beach 32968 $3,599.60 — Emergency Rehab Steinke, Mary Jeannette 8756 8th St Vero Beach 32960 $5,956.00 Impact Fee Loan Gonzalez, Raul and Leticia 10058 Grace Ave Fellsmere 32948 $5,569.00 Purchase Assistance with Impact Fee Loan Adderly, Latoya 2289 Waterside Lane SW Vero Beach 32962 $22,560.00 E Purchase Assistance with Impact Fee Loan Collins, Shatonya 10060 Grace Ave Fellsmere 32948 $20,569.00 Purchase Assistance with Impact Fee Loan Edden, Joel and Marlene 2261 Waterside Lane SW Vero Beach 32962 $23,623.00 — Purchase Assistance with Impact Fee Loan Fenelon, Wendy and Lucianie 2303 Waterside Lane SW Vero Beach 32962 $27,560.00 (l Purchase Assistance with Impact Fee Loan Guerrero, Paul and Armelyn 10064 Grace Ave Fellsmere 32948 $25,569.00 Purchase Assistance with Impact Fee Loan Jordan, India 2290 Waterside Lane SW Vero Beach 32962 $22,100.00 Purchase Assistance with Impact Fee Loan McGlown, George & Candace 2262 Waterside Lane SW Vero Beach 32962 $22,560.00 Page 9 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Purchase Assistance with Impact Fee Loan Nelson, Ne|oon,Rooe 2304 Waterside Lane SW Vero Beach 32962 $22'100.00 Purchase Aeoistancawi\h Impact Fee Loan Noe|, Fabienne 2332 Waterside Lane SW Vero Beach 32962 $27.100.00 �- Purchase Assistance with mpact Fee Loan Richuvdmon, Martha Joy 10062 Grace Ave FeUsmene 32948 $25.589.00 Purchase Assistance with Impact Fee Loan Robbino, Charmini 2248 Waterside Lane SW Vero Beach 32962 $22.560.00 Purchase Assistance with Impact Fee Loan Royo|a, Nockma 2234 Waterside Lane SW Vero Beach 32962 $22.580.00 Purchase Asaiotancowith Impact Fee Loan Similien, Idalia & Somiel Figaro 2317 Waterside Lane SW Vero Beach 32962 $22.100.00 [— Rehabilitation Baker, Beverly 4595 33rd Ave Vero Beach 32967 $40'942.00 Rehabilitation Blackmon, B|ockmon. Annie 121013thAve 5VV Vero Beach 32962 $10.864.32 Rehabilitation Rehabi|ihaUun Brooks, Deuundna 234518thAve Vero Beach 32960 $43.982.85 F— Rehabilitation Browm, Teretha 25542nd StSVV Vero Beach 32962 $45.407.50 -- Rehabilitation Crowder, Olga 775 Bayfront Terr Sebastian 32958 $27.248.25 n Rehabilitation Gonzu|ez, Karo|ine 111G13thAve SVV Vero Beach 32962 $5.085.52 -- Rehabilitation HarrinOton, Shirley 2495 8th Avenue SW Vero Beach 32962 $37.415.00 Rehabilitation Hazzard, Barbara 3995 46th St Vero Beach 32967 $49.689.50 | / Rehabilitation Luna/Guerrero, Claudia & Fabian 49 S Mulberry St Fellsmere 32948 846.976.50 | | Rehabilitation Nowoomo, Elizabeth 4450 34th Ave Vero Beach 32967 $11.234.50 -- Rehabilitation Peaoock, Christina 1354 33rd Ave SW Vero Beach 32968 $27.615.00 Rehabilitation Thomaa, Samuel & Eula 101 Dahl Ave Sebastian 32958 $45.088.00 �- Administrative Expenditures 80,732.17 Administrative expenses for ndian River County Sub Recipients and Consultants Name Business Type Strategy Covered Responsibility Amount Program Income Program Income Funds Loan Repayment: $217.755.91 Page 10 Refinance: Foreclosure: Sale of Property: Interest Earned: $1,771.57 Other 0: Total: Explanation of Recaptured funds $219,527.48 Description Amount Total: Rental Developments $.00 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Development Owner Address City Zip SHIP Amount SHIP Compliance Additional Units Monitored By Notes Name Code Indian River County 2014 Closeout Single Family Area Purchase Price The average area purchase price of single family units: Or Not Applicable 125,860.53 Form 5 Page 11 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Special Needs Breakdown SHIP Expended and Encumbered for Special Needs Applicants Code(s) Strategies Expended Amount Units Encumbered Amount Units 1 Purchase Assistance with Rehab $.00 2 6 Emergency Rehab $20,293.81 2 8 Impact Fee Loan $.00 2 2 Purchase Assistance with Impact Fee Loan $45,120.00 2 3 Rehabilitation $208,680.60 7 Special Needs Category Breakdown by Strategy Strategies Special Needs Category Expended Amount Units Encumbered Amount Units (2) Purchase Assistance with Impact Fee Loan Developmental Disabilities $45,120.00 2 (3) Rehabilitation Receiving Social Security Disability Insurance $208,680.60 7 (6) Emergency Rehab Receiving Social Security Disability Insurance $20,293.81 2 Provide a description of efforts to reduce homelessness: Providing downpayment, closing cost and impact fee loans that provide long term affordable housing. Rehabilitation and emergency rehabilitation loans to provide long term habitable housing and affordable housing. Page 12 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 LG Submitted Comments: Page 13 Form 1 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Title: SHIP Annual Report Report Status: Unsubmitted Indian River County FY 2015/2016 Interim -1 Page 1 Form SHIP AR/2009 67-37,008(3)(f), F.A.C. Effective Date: 11/2009 SHIP Distribution Summary Homeownership Code StrategyAmount Expended Amount Units Encumbered Units Unencumbered Amount Units Purchase Assistance with Rehab $132.048.97 6 $9,707.76 6 Emergency Rehab $72,671.41 11 2 Purchase Assistance with Impact Fee Loan $55,120.00 2 3 Rehabilitation 9 4 Homeownership Totals: Rentals $563,444.53 28 $190.75776 5 Rental Totals: Subtotals: Additional Use of Funds Use Administrative Homeownership Counseling Admin From Program ncome Admin From Disaster Funds Totals: $663.444.53 Expended $70,640.10 $6,531.69 28 $199,757.76 Encumbered $640,616.32 28 $199,757.76 5 Total Revenue (Actual and/or Anticipated) for Local SHIP Trust Fund Source of Funds Amount Expended s706.401.00 Encumbered Unencumbered $130.633.83 Code Strategy Amount Units Amount Units Amount Units Rental Totals: Subtotals: Additional Use of Funds Use Administrative Homeownership Counseling Admin From Program ncome Admin From Disaster Funds Totals: $663.444.53 Expended $70,640.10 $6,531.69 28 $199,757.76 Encumbered $640,616.32 28 $199,757.76 5 Total Revenue (Actual and/or Anticipated) for Local SHIP Trust Fund Source of Funds Amount State Anrival Distribution s706.401.00 Program Income (Interest) Program Income (Payments) $130.633.83 Recaptured Funds Disaster Funds Other Funds Carryoverfunds from previous year $3.339.15 Total: $840,374.08 5 Unencumbered * Carry Forward to Next Year: $.00 NOTE: This carry forward amount will only be accurate when alt revenue amounts and alt expended, encumbered and unencumbered amounts have been added to Form 1 Page 2 Form 2 Page 3 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Rental Unit Information Description Eff. 1 Bed 2 Bed 3 Bed 4 Bed No rental strategies are in use Recap of Funding Sources for Units Produced ("Leveraging") Source of Funds Produced through June 30th for Units Amount of Funds Expended to Date % of Total Value SHIP Funds Expended $563,444.53 41.38% Public Moneys Expended .00% Private Funds Expended $798,093.00 58.62% Owner Contribution .00% Total Value of All Units $1,361,537.53 100.00% SHIP Program Compliance Summary - Home Ownership/Construction/Rehab Compliance Category SHIP Funds Trust Funds % of Trust Fund FL Statute Minimum % Homeownership $753,494.53 $706,401.00 106.67% 65% Construction / Rehabilitation $753,494.53 $706,401.00 106.67% 75% Program Compliance - Income Set -Asides Income Category SHIP Funds Expended SHIP Funds Encumbered SHIP Funds Unencumbered Total of SHIP Funds Total Available Funds %* Extremely Low $71,021.55 $71,021.55 8.45% Very Low $181,744.94 $181,744.94 21.63% Low $266,481.04 $190,050.00 $456,531.04 54.32% Moderate $44,197.00 $9,707.76 $53,904.76 6.41% Over 120%-140% $.00 .00% Totals: $563,444.53 $199,757.76 $.00 $763,202.29 90.82% Project Funding for Expended Funds Only Income Category Total Funds Mortgages, Loans & DPL's Mortgages, Loans & DPL Unit #s Total Funds SHIP Grants SHIP Grant Unit #s Total SHIP Funds Expended Total # Units Extremely Low $71,021.55 3 $71,021.55 Very Low $181,744.94 9 $181,744.94 9 Low $266,481.04 12 $266,481.04 12 Moderate $44,197.00 4 $44,197.00 4 Totals: $563,444.53 28 $.00 0 $563,444.53 28 Page 4 Form SHIP An/2009 67-37.008(3)(f), F.A.0 Effective Date: 11/2009 Form 3 Number of Households/Units Produced Strategy List Unincorporated and Each Municipality ELI VLI Low Mod Total Purchase Assistance with Rehab tndian River County 4 1 2 2 5 Purchase Assistance with Rehab City of Vero Beach 1 1 Indian River County 1 Emergency Rehab Indian River County 1 3 1 2 7 Emergency Rehab Sebastian Emergency Rehab 1 2 1 2 Emergency Rehab City of Vero Beach 1 1 1 2 Purchase Assistance with Impact Fee Loan Indian River County 2 1 2 Rehabilitation ndian River County 2 2 5 3 9 Totals: Characteristics/Age (Head of Household) 9 12 4 28 Description List Unincorporated and Each Municipality 0-25 26-40 41 - 61 62+ Total Purchase Assistance with Rehab Indian River County 4 4 1 Purchase Assistance with Rehab 5 Purchase Assistance with Rehab City of Vero Beach 1 1 Indian River County 1 Emergency Rehab Indian River County 7 Emergency Rehab 5 2 7 Emergency Rehab Sebastian Emergency Rehab 1 1 1 2 Emergency Rehab City of Vero Beach 1 1 2 Purchase Assistance with Impact Fee Loan Indian River County 1 1 2 Rehabilitation indian River County 1 5 3 9 Totals: Family Size 7 14 7 Description List Unincorporated and Each Municipality 1 Person 2-4 People 5+ People Total Purchase Assistance with Rehab Indian River County 4 1 5 Purchase Assistance with Rehab City of Vero Beach 1 1 Emergency Rehab Indian River County 4 2 1 7 Emergency Rehab Sebastian 2 2 Emergency Rehab City of Vero Beach 1 1 2 Page 5 28 Purchase Assistance with Impact Fee Indiari River County White 2 Hisp- anic 2 Loan Other Total Purchase Assistance with Rehab indian River County 3 Rehabilitation Indian River County 3 5 1 9 Totals: Race (Head of Household) 17 3 28 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Description List Unincorporated and Each Municipality White Black Hisp- anic Asian Amer- mapDmssrict|mn Indian Other Total Purchase Assistance with Rehab indian River County 3 2 5 Purchase Assistance with Rehab City of Vero Beach 1 1 Emergency Rehab Indian River County 2 4 1 2 1 5 7 Emergency Rehab Sebastian 2 2 1 2 Emergency Rehab City of Vero Beach 2 1 2 Purchase Assistance with Impact Fee Loan Indian River County 1 1 2 Rehabilitation Indian River County 4 5 3 2 6 9 Totals: Demographics (Any Member of Household) 15 10 28 Description List and Each Municipality Farm Worker Devel. Dis- abled Home - less Elderly Other Other Total Purchase Assistance with Rehab Indian River County 0 Purchase Assistance with Rehab City of Vero Beach 0 Emergency Rehab lndian River County 2 1 5 8 Emergency Rehab Sebastian 2 1 3 Emergency Rehab City of Vero Beach 1 1 Purchase Assistance with Impact Fee Loan Indian River County 0 Rehabilitation lndian River County 3 2 6 11 Totals: 8 3 Special Target Groups for Funds Expended (ie. teachers, nurses, Iaw enforcement, fire fighters, etc.) Set Aside Description Special Target Group Expended FundsExpended Units Total # of 12 23 Form 4 Page 6 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Expended Funds Strategy Full Name Address City Zip Expended Unit Code Funds Counted Purchase Assistance with Rehab Arnold, Michael and Jennifer 1445 25th Court SW Vero Beach 32962 $16.327.00 7 Purchase Asaiotanoowhh Rehab Cisneros, Pablo and Adda 1220 35th Avenue Vero Beach 32960 $19.458.25 –— Purchase Ameiotancowith Rehab Fortier, William and Josie 182531atAvenue Vero Beach 32960 $18.908.75 [— Purchase Assistance with Rehab Gonza|ez, Elizabeth 2943 6th Street SW Vero Beach 32968 $24.981.00 [— Purchase Aouintancowith Rehab N|ghhn0a|e, Sondra 1104 37th Avenue SW Vero Beach 32968 $22.782.02 F- Purchase Assistance with Rehab Goaneo, Bobbie 3540 68th Place Vero Beach 32967 $20.633.95 Emergency Rehab Adorno,G|oria 535 22nd Court Vero Beach 32962 $8.328.40 r- EmergoncyRehab Brown, Tenotha 2554 2nd Street SW Vero Beach 32962 $4.229.05 -- Emergency Rehab Miesma, Tim andWiark 2448 lst Court SE Vero Beach 32962 $5.086.35 F— Emergency Rehab Mitchner- Franck, Ruby P 0 Box 700445 Wabasso 32970 $4.887.50 Emergency Rehab Othmer, Gayle 212G31atAvenue Vero Beach 32060 $8.186.50 [— Emergency Rehab Pug|iase, William 32451st Street Vero Beach 32968 $4,184.70 Emergency Rehab Putzke, Brandon and Mary 1475 29th Avenue Vero Beach 32960 $13.512.60 Emergency Rehab Shuren, Lucille PDBox S751 Vero Beach 32961 $3.101.94 F--1 Emergency Rehab Tacon, Amy 558 Saunders St Sebastian 32958 $6.001.32 E Emergency Rehab VVhika, George and Marlene 638 Benedictine Ter Sebastian 32958 $9.770.50 1 | Emergency Rehab VViggine, Alvin B 1096 19th Avenue SW Vero Beach 32962 $5,288.55 — Page 7 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Purchase Assistance with Impact Fee Loan Beans, Roni Rae 2164 Waterside Lane SW Vero Beach 32962 $27,560.00 Purchase Assistance with Impact Fee Loan Harris, Ruby 2122 Waterside Lane SW Vero Beach 32962 $27,560.00 Rehabilitation Bryant, Clara 4620 39th Avenue Vero Beach 32967 $38,601.00 Rehabilitation Bush, Stacey Ann 8135 103rd Court Vero Beach 32967 $16,343.50 Rehabilitation Collie, Julie Mae 4302 28th Avenue Vero Beach 32961 $19,925.00 (l Rehabilitation Goff, Alma 505 22nd Avenue Vero Beach 32962 $45,535.50 Rehabilitation Hamilton, Fannie 4013 41st Square Vero Beach 32967 $45,808.00 Rehabilitation Heath, Mary L P 0 Box 700353 Wabasso 32970 $25,558.65 7 Rehabilitation Stephens, Fannie 4560 38th Court Vero Beach 32960 $19,039.00 Rehabilitation Stewart, Dorothy L 4515 49th Avenue Vero Beach 32967 $46,850.00 Rehabilitation Wouters, Michael and Elaine 228 13th Place SW Vero Beach 32962 $45,943.50 Indian River County 2015 Interim -1 Form 5 Page 8 Form SHIP AR/2009 Effective Date: 11/2009 Special Needs Breakdown SHIP Expended and Encumbered for Special Needs Applicants Code(s) Strategies Expended Amount Units Encumbered Amount Units 1 Purchase Assistance with Rehab $.00 3 6 Emergency Rehab $17,671.54 4 3Rehabilitation Receiving Supplemental Security Income $183.190.15 5 Special Needs Category Breakdown by Strategy Strategies Special Needs Category Expended Amount Units Encumbered Amount Units (6) Emergency Rehab Receiving Social Security Disability Insurance $12.382.99 3 (6) Emergency Rehab Person with Disabling Condition (not 00) $5.288.55 1 (3) Rehabilitation Receiving Supplemental Security Income B64.847.O0 2 (3) Rehabilitation Receiving Social Security Disability Insurance $72,408.65 2 (3) Rehabilitation Person with Disabling Condition (not DD) $45.943.50 1 Provide a description of efforts to reduce homelessness: Providing downpayment, closing cost and impact fee loans that provide long term affordable housing. Rehabilitation and emergency rehabilitation loans to provide long term habitable housing and affordable housing. Page 9 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 LG Submitted Comments: Page 10 Form 1 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Title: SHIP Annual Report Report Status: Unsubmitted Indian River County FY 2016/2017 Interim -2 Page 1 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 SHIP Distribution Summary Homeownership Code Strategy Expended Amount Units Encumbered Amount Units Unencumbered Amount Units 1 Purchase Assistance with Rehab $21,562.101 Units $10,292.24 1 $300,000.00 12 2 Purchase Assistance with Impact Fee Loan $22,560.001 $100,000.00 5 3 Rehabilitation $211,338.75 5 $317,862.48 8 Homeownership Totals: Rentals $44,122.10 2 $221,630.99 6 $717,862.48 25 Rental Totals: Subtotals: Additional Use of Funds Use Administrative Homeownership Counseling Admin From Program Income Admin From Disaster Funds Totals: $44,122.10 Expended $91,621.30 $8,369.67 $144,113.07 2 $221,630.99 Encumbered 2 $221,630.99 6 Total Revenue (Actual and/or Anticipated) for Local SHIP Trust Fund Source of Funds Amount Expended $916,213.00 Encumbered Unencumbered $167,393.54 Code Strategy Amount Units Amount Units Amount Units Rental Totals: Subtotals: Additional Use of Funds Use Administrative Homeownership Counseling Admin From Program Income Admin From Disaster Funds Totals: $44,122.10 Expended $91,621.30 $8,369.67 $144,113.07 2 $221,630.99 Encumbered 2 $221,630.99 6 Total Revenue (Actual and/or Anticipated) for Local SHIP Trust Fund Source of Funds Amount State Annual Distribution $916,213.00 Program Income (Interest) Program Income (Payments) $167,393.54 Recaptured Funds Disaster Funds Other Funds Carryover funds from previous year $.00 Total: $1,083,606.54 6 $717,862.48 Unencumbered $717,862.48 25 25 * Carry Forward to Next Year: $.00 NOTE: This carry forward amount will only be accurate when all revenue amounts and all expended, encumbered and unencumbered amounts have been added to Form 1 Form 2 Page 2 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Rental Unit Information Description Eff. 1 Bed 2 Bed 3 Bed 4 Bed V No rental strategies are in use Recap of Funding Sources for Units Produced ("Leveraging") Source of Funds Produced through June 30th for Units Amount of Funds Expended to Date % of Total Value SHIP Funds Expended $44,122.10 10.75% Public Moneys Expended .00% Private Funds Expended $363,390.00 88.50% Owner Contribution $3,100.00 .75% Total Value of All Units $410,612.10 100.00% SHIP Program Compliance Summary - Home Ownership/Construction/Rehab Compliance Category SHIP Funds Trust Funds of Trust Fund FL Statute Minimum % Homeownership $983,615.57 $916,213.00 107.36% 65% Construction / Rehabilitation $983,615.57 $916,213.00 107.36% 75% Program Compliance - Income Set -Asides Income Category SHIP Funds Expended SHIP Funds Encumbered SHIP Funds Unencumbered Total of SHIP Funds Total Available Funds % * Extremely Low $.00 $71,824.00 $100,000.00 $171,824.00 15.86% Very Low $.00 $.00 $265,862.18 $265,862.18 24.53% Low $44,122.10 $139,514.75 $150,000.00 $333,636.85 30.79% Moderate $.00 $10,292.24 $202,000.30 $212,292.54 19.59% Over 120%-140% $.00 $.00 .00% Totals: $44,122.10 $221,630.99 $717,862.48 $983,615.57 90.77% Project Funding for Expended Funds Only Income Category Total Funds Mortgages, Loans & DPL's Mortgages, Loans & DPL Unit #s Total Funds SHIP Grants SHIP Grant Unit #s Total SHIP Funds Expended Total # Units Extremely Low $.00 $.00 0 Very Low $.00 $.00 0 Low $44,122.10 2 $44,122.10 2 Moderate $.00 $.00 0 Totals: $44,122.10 2 $.00 0 $44,122.10 2 Page 3 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Form 3 Number of Households/Units Produced Strategy List Unincorporated and Each Municipality ELI VLI Low Mod Total Purchase Assistance with Rehab Indian River County Total Purchase Assistance with Rehab 1 Purchase Assistance with Impact Fee Loan 1 Purchase Assistance with Impact Fee Loan Indian River County 1 1 1 1 1 Totals: Characteristics/Age (Head of Household) 2 Description List Unincorporated and Each Municipality 0 - 25 26 - 40 41 - 61 62+ Total Purchase Assistance with Rehab Indian River County Purchase Assistance with Impact Fee Loan 1 1 1 Purchase Assistance with Impact Fee Loan 1 Purchase Assistance with Impact Fee Loan Indian River County 1 1 1 1 Totals: Family Size 1 1 Description List Unincorporated and Each Municipality 1 Person 2- 4 People 5 + People Total Purchase Assistance with Rehab Indian River County 1 Purchase Assistance with Rehab Indian River County 1 Purchase Assistance with Impact Fee Loan Indian River County 1 1 Totals: Race (Head of Household) 1 1 2 2 Description List Unincorporated and Each Municipality White Black Hisp- anic Asian Amer - Indian Other Total Purchase Assistance with Rehab Indian River County 1 1 Purchase Assistance with Impact Fee Loan Indian River County 1 1 Totals: Demographics (Any Member of Household) 1 Page 4 1 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Description List Unincorporated and Each Municipality Farm Worker Devel. Dis- abled Home - less Elderly Other Other Total Purchase Assistance with Rehab Indian River County Vero Beach 32962 $22,560.00 0 Purchase Assistance with Impact Fee Loan Indian River County 2 2 Totals: 2 Special Target Groups for Funds Expended (Le. teachers, nurses, law enforcement, fire fighters, etc.) Set Aside Description Special Target Group Expended Funds Total # of Expended Units 2 Form 4 Expended Funds $44,122.00 Strategy Full Name Address City Zip Expended Unit Code Funds Counted Purchase Assistance with Rehab McNulty, Jamie 8856 104th Court Vero Beach 32967 $21,562.10 n Purchase Assistance with Impact Fee Loan Sanon, Osnel and Noel, Juliette 2123 Waterside Lane SW Vero Beach 32962 $22,560.00 Indian River County 2016 interim -2 Form 5 Page 5 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Special Needs Breakdown SHIP Expended and Encumbered for Special Needs Applicants Code(s) Strategies Expended Amount Units Encumbered Amount Units 1 Purchase Assistance with Rehab $136,338.75 3 2 Purchase Assistance with Impact Fee Loan 3 Rehabilitation $136,338.75 3 Special Needs Category Breakdown by Strategy Strategies Special Needs Category Expended Amount Units Encumbered Amount Units (3) Rehabilitation Receiving Social Security Disability Insurance $136,338.75 3 Provide a description of efforts to reduce homelessness: Providing down payment, closing cost and impact fee loans that provide long term affordable housing. Rehabilitation and emergency rehabilitation loans to provide long term habitable housing and affordable housing. LG Submitted Comments: Page 6