Okaloosa County BOCC — June 16, 2015 — 2011 2012 ShipAnnualReport Close out Apr 8 — reading text

Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Title: SHIP Annual Report Report Status: Unsubmitted Okaloosa County/Fort Walton Bch FY 2011/2012 Form 1 Page 1  Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 SHIP Distribution Summary Homeownership Expended Encumbered Unencumbered Code Strategy Amount Units Amount Units Amount Units 3 Rehabilitation $271,373.40 12 2 Purchase Assistance $15,426.49 2 without Rehab Homeownership Totals: $286,799.89 14 Rentals Expended Encumbered Unencumbered Code Strategy Amount Units Amount Units Amount Units 14 Rehabilitation- Rental $40,481.51 61 Rental Totals: $40,481.51 61 Subtotals: $327,281.40 75 Additional Use of Funds Use Expended Encumbered Unencumbered Administrative $35,137.40 Homeownership Counseling Admin From Program Income $431.30 Admin From Disaster Funds Totals: $362,850.10 75 $.00 $.00 Total Revenue (Actual and/or Anticipated) for Local SHIP Trust Fund Source of Funds Amount State Annual Distribution $351,374.00 Program Income (Interest) $5,223.12 Program Income (Payments) $8,148.50 Recaptured Funds Disaster Funds Other Funds Carryover funds from previous year $.00 Total: $364,745.62 * Carry Forward to Next Year: $1,895.52 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 Rolling Pines Townhomes 61 Recap of Funding Sources for Units Produced ("Leveraging") Source of Funds Produced Amount of Funds Expended to through June 30th for Units Date % of Total Value SHIP Funds Expended $327,281.40 64.81% Public Moneys Expended .00% Private Funds Expended $176,673.51 34.99% Owner Contribution $1,000.00 .20% Total Value of All Units $504,954.91 100.00% SHIP Program Compliance Summary - Home Ownership/Construction/Rehab FL Statute Compliance Category SHIP Funds Trust Funds % of Trust Fund Minimum % Homeownership $255,855.90 $351,374.00 72.82% 65% Construction / Rehabilitation $287,452.41 $351,374.00 81.81% 75% Program Compliance - Income Set-Asides Income Category SHIP Funds SHIP Funds SHIP Funds Total of Total Expended Encumbered Unencumbered SHIP Funds Available Funds % * Extremely Low $.00 .00% Very Low $212,565.28 $212,565.28 58.28% Low $103,036.12 $103,036.12 28.25% Moderate $11,680.00 $11,680.00 3.20% Totals: $327,281.40 $.00 $.00 $327,281.40 89.73% Project Funding for Expended Funds Only Income Category Total Funds Mortgages, Total Funds SHIP Total SHIP Total # Mortgages, Loans & SHIP Grants Grant Funds Units Loans & DPL's DPL Unit #s Unit #s Expended Extremely Low $.00 0 Very Low $212,565.28 53 $212,565.28 53 Low $103,036.12 21 $103,036.12 21 Moderate $11,680.00 1 $11,680.00 1 Totals: $327,281.40 75 $.00 0 $327,281.40 75 Form 3 Number of Households/Units Produced Page 3  Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 List Unincorporated and Each Strategy Municipality ELI VLI Low Mod Total Purchase Assistance Okaloosa County 1 1 2 without Rehab Home owner Okaloosa County and 8 3 1 12 Rehabilitation Fort Walton Beach Rental Rehabilitation Okaloosa County 44 17 61 Totals: 53 21 1 75 Characteristics/Age (Head of Household) List Unincorporated and Each Description Municipality 0 - 25 26 - 40 41 - 61 62+ Total Purchase Assistance Okaloosa County 1 1 2 without Rehab Home owner Okaloosa County and 2 5 5 12 Rehabilitation Fort Walton Beach Rental Rehabilitation Okaloosa County 14 36 8 3 61 Totals: 15 39 13 8 75 Family Size List Unincorporated and Each 1 2- 4 5+ Description Municipality Person People People Total Purchase Assistance Okaloosa County 1 1 2 without Rehab Home owner Okaloosa County and 4 6 2 12 Rehabilitation Fort Walton Beach Rental Rehabilitation Okaloosa County 5 47 9 61 Totals: 10 54 11 75 Race (Head of Household) List Unincorporated and Each Hisp- Amer- Description Municipality White Black anic Asian Indian Other Total Purchase Assistance Okaloosa County 2 2 without Rehab Home owner Okaloosa County and 10 2 12 Rehabilitation Fort Walton Beach Rental Rehabilitation Okaloosa County 14 42 4 1 61 Totals: 26 44 4 1 75 Special Needs (Any Member of Household) List Unincorporated Devel. and Each Farm Dis- Home- Special Special Description Municipality Worker abled less Elderly Needs Needs Total Purchase Assistance Okaloosa County 0 without Rehab Page 4  Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Home owner Okaloosa County and