Okaloosa County BOCC — October 20, 2015 — ShipAnnualReport 2013 2014 final1 oct 8 sla — 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 2013/2014 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 Owner Occupied $78,051.00 $192,290.08 2 4 Rehabilitation 11 Special Needs $31,332.50 1 Homeownership Totals: $109,383.50 3 $192,290.08 4 Rentals Expended Encumbered Unencumbered Code Strategy Amount Units Amount Units Amount Units 12 Special Needs Rental $74,737.75 8 Rental Totals: $74,737.75 8 Subtotals: $184,121.25 11 $192,290.08 4 Additional Use of Funds Use Expended Encumbered Unencumbered Administrative $11,289.60 Homeownership Counseling Admin From Program Income Admin From Disaster Funds Totals: $195,410.85 11 $192,290.08 4 $.00 Total Revenue (Actual and/or Anticipated) for Local SHIP Trust Fund Source of Funds Amount State Annual Distribution $376,320.00 Program Income (Interest) $3,791.18 Program Income (Payments) $1,333.32 Recaptured Funds Disaster Funds Other Funds Carryover funds from previous year $6,256.43 Total: $387,700.93 * 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 434 Bear Road- Group 8 Home The amount of rent charged for a rental unit based on the unit size complies with the Rent Limits я posted on the Florida Housing website 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 $184,121.25 100.00% Public Moneys Expended .00% Private Funds Expended .00% Owner Contribution .00% Total Value of All Units $184,121.25 100.00% SHIP Program Compliance Summary - Home Ownership/Construction/Rehab FL Statute Compliance Category SHIP Funds Trust Funds % of Trust Fund Minimum % Homeownership $244,608.00 $376,320.00 65.00% 65% Construction / Rehabilitation $282,240.00 $376,320.00 75.00% 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 $102,378.82 $49,450.08 $151,828.90 39.16% Very Low $31,332.50 $50,000.00 $81,332.50 20.98% Low $50,409.93 $92,840.00 $143,249.93 36.95% Moderate $.00 .00% Totals: $184,121.25 $192,290.08 $.00 $376,411.33 97.09% 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 $102,378.82 7 $102,378.82 7 Very Low $31,332.50 1 $31,332.50 1 Low $50,409.93 3 $50,409.93 3 Moderate $.00 0 Totals: $184,121.25 11 $.00 0 $184,121.25 11 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 List Unincorporated and Each Strategy Municipality ELI VLI Low Mod Total Owner Occupied 1 1 2 Rehabilitation Special Needs 6 2 8 Rental Special Needs 1 1 Totals: 7 1 3 11 Characteristics/Age (Head of Household) List Unincorporated and Each Description Municipality 0 - 25 26 - 40 41 - 61 62+ Total Owner Occupied 1 1 2 Rehabilitation Special Needs 2 6 8 Rental Special Needs 1 1 Totals: 2 6 2 1 11 Family Size List Unincorporated and Each 1 2- 4 5+ Description Municipality Person People People Total Owner Occupied 1 1 2 Rehabilitation Special Needs 8 8 Rental Special Needs 1 1 Totals: 10 1 11 Race (Head of Household) List Unincorporated and Each Hisp- Amer- Description Municipality White Black anic Asian Indian Other Total Owner Occupied 2 2 Rehabilitation Special Needs 6 2 8 Rental Special Needs 1 1 Totals: 9 2 11 Special Needs (Any Member of Household) Page 4  Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 List Unincorporated Devel. and Each Farm Dis- Home- Special Special Description Municipality Worker abled less Elderly Needs Needs Total Owner Occupied 1 1 Rehabilitation Special Needs 8 8 Rental Special Needs 0 Totals: 8 1 9