Okaloosa County BOCC — October 20, 2015 — ShipAnnualReport 2013 2014 final1 oct 8 sla — reading text

Special Target Groups for Funds Expended (i.e. teachers, nurses, law enforcement, fire fighters, etc.) Set Aside Special Target Total # of Description Group Expended Funds Expended Units Form 4 Status of Incentive Strategies Incentive Strategy: The processing of approvals of development orders or permits, as defined in s. 163.3164(7) and (8), for affordable housing projects is expedited to a greater degree than other projects. (Section 420.9071(16), Florida Statutes) Okaloosa County: As provided in Policy 1.4.4 of the Housing Element of the Okaloosa County Comprehensive Plan, the County provides a fast-track review process for development order and building permit applications for projects that provide affordable housing. City of Fort Walton Beach: It is the policy of the City’s Development Services Division to expedite affordable housing projects to the greatest extent possible, while meeting all local, state and federal regulations Adopting Ordinance or Resolution Number or identify local policy: Incentive: The establishment of a process by which a local government considers, before adoption, policies, procedures, ordinances, regulations, or plan provisions that increase the cost of housing. (Section 420.9071(16), Florida Statutes) Okaloosa County: The County shall route to the Okaloosa County/City of Fort Walton Beach Affordable Housing Advisory Committee for review and comment any proposed policy, ordinance, regulation, or plan provision that could affect the affordability of housing no less than thirty (30) days prior to the first public hearing of any said policy, ordinance, regulation, or plan provision. City of Fort Walton Beach The City shall route to the Okaloosa County/City of Fort Walton Beach Affordable Housing Advisory Committee for review and comment any proposed policy, ordinance, regulation, or plan provision that could affect the affordability of housing no less than thirty (30) days prior to the first public hearing of any said policy, ordinance, regulation, or plan provision Implementation Schedule (Date): Page 5  Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Page 6  Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Incentive. Establishment of a schedule for implementing the incentive strategies. (Section 420.9071(16), Florida Statutes) Okaloosa County: Implementation of the incentive strategies contained herein shall begin upon adoption of this Local Housing Assistance Plan. City of Fort Walton Beach: Implementation of the incentive strategies contained herein shall begin upon adoption of this Local Housing Assistance Plan. 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 functioning as intended, i.e. are the time frames being met, etc.): The strategies are functioning as intended. Support Services OCDC offers a referral services to affordable housing occupants for budget, money management and finances. Other Accomplishments OCDC successfully rehabilitated a group home for 8 developmental disabled adults, which further improved their chances to age in place. Availability for Public Inspection and Comments The Annual report is on file in Okaloosa County, City of Fort Walton Beach and Okaloosa CDC offices- all these office are open to the public and accept requests by the public for document viewing. Homeownership Default & Foreclosure Mortgage Foreclosures A. Very low income households in foreclosure: 2 B. Low income households in foreclosure: 5 C. Moderate households in foreclosure: 0 Foreclosed Loans Life-to-date: 13 SHIP Program Foreclosure Percentage Rate Life to Date: 10 Mortgage Defaults A. Very low income households in default: 0 B. Low income households in default: 0 C. Moderate households in default: 0 Defaulted Loans Life-to-date: 0 SHIP Program Default Percentage Rate Life to Date: 0 Welfare to Work Programs not applicable Strategies and Production Costs Page 7  Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Page 8  Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Strategy Average Cost Owner Occupied Rehabilitation $36,461.00 Special Needs Rental $9,342.00 Expended Funds Total Unit Count: 11 Total Expended Amount: $184,121.00 Strategy Full Name Address City Zip Expended Unit Code Funds Counted Special Needs Polnitz, D 434 Bear Road Fort Walton 32547 $9,342.22 F Rental Beach Special Needs Rinios, J 434 Bear Road Fort Walton 32547 $9,342.22 F Rental Beach Special Needs Sandin, F 434 Bear Road Fort Walton 32547 $9,342.22 F Rental Beach Special Needs Simpson, V 434 Bear Road Fort Walton 32547 $9,342.22 F Rental Beach Special Needs Speziale, G 434 Bear Road Fort Walton 32547 $9,342.22 F Rental Beach Special Needs Tomasavic, B 434 Bear Road Fort Walton 32547 $9,342.22 F Rental Beach Special Needs White, Toni 434 Bear Road Fort Walton 32547 $9,342.22 F Rental Beach Special Needs Touchstone, W 434 Bear Road Fort Walton 32547 $9,342.21 F Rental Beach Owner Occupied Cooley, B 415 Gerold Street Fort Walton 32548 $31,725.50 F Rehabilitation Beach Special Needs Zettlemoyer, T 1425 Mixon Fort Walton 32547 $31,332.50 F Beach Owner Occupied Richardson 319 Smith Drive Fort Walton 32548 $46,325.50 F Rehabilitation Beach Administrative Expenditures Adminstrative Salaries and taxes were paid by utilizing the administrative portion of this distribution. Sub Recipients and Consultants Name Business Type Strategy Covered Responsibility Amount Program Income Program Income Funds Loan Repayment: $1,333.32 Refinance: Foreclosure: Sale of Property: Interest Earned: $3,791.18 Other (): Total: $5,124.50 Page 9  Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Page 10  Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Explanation of Recaptured funds Description Amount Total: $.00 Rental Developments Development Name Owner Address City Zip Code Okaloosa County/Fort Walton Bch 2013 Closeout Single Family Area Purchase Price The average area purchase price of single family units: 130,993.33 Or Not Applicable Form 5 Special Needs Breakdown SHIP Expended and Encumbered for Special Needs Applicants Expended Encumbered Code(s) Strategies Amount Units Amount Units 11 Special Needs $106,070.25 9 Special Needs Category Breakdown by Strategy Expended Encumbered Strategies Special Needs Category Amount Units Amount Units (11) Special Needs Developmental Disabilities $74,737.75 8 (11) Special Needs Receiving Supplemental $31,332.50 1 Security Income Page 11  Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 SHIP Amount SHIP Units Compliance Additional Monitored By Notes Page 12  Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 LG Submitted Comments: Page 13