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Okaloosa County BOCC — September 3, 2013 — Exhibit B to 2103 CDC SHIP Administrative Services Agreement — reading text

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III"",SHIP "'••UII'd! MI UCIIU. ~I:iX.SHIP Award SJiIPo...n - SI<lP Do",,", SHIP_. SHIP Dollars ~ UnlIo RokablII."III."rw-c_on $50.000 $50,000 $50,000 $0.00 0.00% 0 I R<>ho~ f e.JoCjng $40.000 $40,000 $40.000 $0.00 0.00% 0 Spoolol N..d.s H..-gI NewC_udlon $50,000 $50,000 $50,000 $0.00 0.00% 0 i ! Spodal H.od. HouWig I E:doIi"ll ComI<roClion $40.000 $40,000 $40,000 $0.00 0.00% 0 ! $0.00 0.00% 0 1 Subtotal 2 (Non-Home OWnership) 0 0 0 $0.00 $0.00 $0.00 $0.00 0,00% 0 i I Administration F9fls I I $35,000.00 10.00% j Admin. From Program Income ! 0.00% :, ,,I Home Ownership Counseling I, 0.00% I GRAND TOTAL I I l AIId~ .. &.z..""IIII#IdIIftI,I •• tDCouuItIoQ Percentage 5 $185,000.00 ~I. 2 I $70,000.00 2 $60,000.00 I constr.iRotlub I'<Ir<m"It, b)' ~ GrandTOloi CcIu_AIIB, tMn d_bJ An",,01 _ _ $0.00 $250000.00 $65.000.00 $350.000.00 100.00% 9 ConstructionlRehab 71% Maximum Allowable : ~ ~ Purchase Price: I New $284,810 Existing $284.810 I ! .~ A1locatlon Breakdown Amount % Projected Program Income: ~.OO Max Amount ProgJam Income For Admin; ~.OO , , ~,OO ! Very-low Income I $185,000.00 52.9% Projected Recaptured Funds: 1 Low Income I $70.000.00 20.0",(, Distribution: $350.000,00 - i I -_...__ - - ._---_----L.------- _. _------ 1 Moderate Income $SO,OOO.CO 17.1% TDIiaIA_Funds: $350,000.00 L__._ !O..!~~ ~- _._-- ~....l...-, -.--......---J 90.0% . ,------~- -------.. 10-0ec-12 ~,,--." ----" ! -- ....- ---,- --. - - ----------------- ............, ._- ... ... ~........ .. ................ FLORIDA HOUSING FINANCE CORPORATION .. --..-----..._ .. __ . .__._______ ___ . -_·_·__ . . ·,·_.1. _---...----_. . . . . -.. _,

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