READ ALONGSIDE THE SOURCE
Fort Walton Beach Council agenda — 10-23-2007 regular agenda — reading text
Part 15 of 17. These parts divide the reading text for browsing; they are not the source document's page numbers.
Machine-extracted text — fwb-13655-original.pdf
Machine-extracted OCR text · Review label: Machine produced / unreviewed
Compare this copy with the preserved source. Review labels describe the recorded status of this file; they do not guarantee that the text is error-free. Spacing and line breaks are retained, with long lines wrapped to fit the screen.
196~ S:38 0. 00
RENTAL STRATEGIES
HOE.pendei: l HO umb.ted
Em:;
12 RENTAL REHABILITATION 35, 000. 00 1
35,000,00 0.00
Total Rental Strateaies 35, 000. 00 1 0. 00 0 0. 00 0 ReritalEJepundDCI" Rental Encumb ~. i_C.
v" ::
i,~); <;:::):/..~';,
Si.Jbtoalh,- ;,' i<' # 0.'(~::-;,.:.
Vr. J;~);h:t%( 0N1' 231i215t38 ,('.JO.V!!93" tA~r),{#
t1~.~~* 5'ff. OTO())fitJ:$\
tWO~
Administration 136. 045. 00
Home Ownershi Counselinn
Admin from Proaram Income I
Admin from Disaster Funds
Tolal ." -" " 1' 367: 260. 36 93 0: 00'. ..... 0: ' 0:00. . 0~
u
This figure must equal the amount for " SHIP Funds Expended" on Form 2, Table 8. .
J}
TABLE B'
Total Revel'U) e ( actual andlor anticipated) for local SHIP Trust Fund
A B
Amounl PercentaQe
Source of SHIP Funds of Funds of Funds
State Annua! Distribution 1 360 450. 00 100. 20%
proaram Income Interest 0.00%
proaram Income Pavments 0. 00%
Recaotured Funds 0. 00%
Disaster Funds 0. 00%
Other Funds 0. 00%
Canv over funds from previous year - 0.20%
Tolal Funds Deposited inla Local
1, 357, 747. 14 100. 00%
Affordable Housino Trust Fund
TABLE C:
Enter Total 5S from Table A, Columns A S & c: 367. 260. 36
Enter amount to be carried forward to next year: 9. 513. 24)
TOTAL' Vff1$*,:',$:?
t:~ t~ 1R;357j+ 47014~
n>+.;}
Must equal Total from Form 1. Table b, CoL B n~ l1Qr' dt;d~ Qt.iNYal11~~Mp~,*, ii$
Carry forward is used only in a closeout year when the amount of funds
remaining are not sufficient to fully assist one unit.
The unit assisted is counted in the next fiscaf Year.
SHIF:'
AR/ 02- 1
FORM 2: Rents and Compliance Summary Submittal Date: 09/07/ 07
Section 42M075( b), ( c), ( d), ( g), F.S, Fiscal Year 2005
2004-
FLORIDA HOUSING FINANCE CORPORATION - SHIP PROGRAM ANNUAL REPORT
Name of Local Entity: OKALOOSA COUNTY
oble A Rental Unit Information
RENTAL RATES- ACTUAL
If rents varv for the same unit, enter nreatest amount
A 8 C 0 E
STRATEGY DESCRIPTION Eff, 1 Bed 2 Bed 3 Bed 4 Bed
Table S' Recap of Funding Sources for Units Produced
Source of $$ Produced thru June 30th for Units Amount of Funds Expended to Date % of Total Value
A B C
SHIP Funds Exoended 1. 231, 215. 38 16. 80%
Public Monevs Excended 2 945. 063. 01 40. 18%
Private Funds EXDended 3125471, 31 42. 64%
Owner Equity 28,000. 00 0. 38%
Total Value of All Units 7, 329. 749. 70 100. 00%
Table C: SHIP Program Compliance Summary - Home Ownership/ Construction/ Rehab*
Compliance CateQory SHIP Funds'" Trust Fund .... % of Trust Fund FL statute Minimum %
A B C D E
HOME OWNERSHIP 1 224405.00 1. 360,450. 00 90. 00% 65%
CONSTRUCTIONIREHABILlT A TION 1. 224,405. 00 1. 360, 450. 00 90. 00% 75%
Include amounts expended, encumbered, & unencumbered ( projected) in this table
Trust Fund equals Distribution plus RecClptured Funds
Table D: Program Compliance - Income Set-Asides
Pro ram Com / lance b Funds Ex ended. Encumbered, Unencumbered fo. ecte
SHIP $
Income Cateoorv SHIP $ ExDended SHIP $ Encumbered