Okaloosa County BOCC — October 20, 2015 — SHIP AR 2014-2015

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 2014/2015 Form 1 Page 1 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 SHIP Distribution Summary Homeownership Totals: Source of Funds Amount State Annual Distribution $938,935.00 Program Income (Interest) $3,091.23 Program Income (Payments) $12,738.99 Recaptured Funds $3,000.00 Disaster Funds Other Funds Carryover funds from previous year $.00 Total: $957,765.22 Total Revenue (Actual and/or Anticipated) for Local SHIP Trust Fund * Carry Forward to Next Year: $.00 Expended Encumbered Unencumbered Code Strategy Amount Units Amount Units Amount Units 9 Rehabilitation $100,000.00 2 $393,776.00 8 1 Purchase Assistance $102,665.26 7 7 Foreclosure Prevention $50,000.00 10 Homeownership Totals: $100,000.00 ) $546,441.26 25 Rentals Expended Encumbered Unencumbered Code Strategy Amount Units Amount Units Amount Units 12 Special Needs rental $74,737.75 8 $142,055.76 10 Rental Totals: $74,737.75 8 $142,055.76 10 Subtotals: $74,737.75 8 $242,055.76 12 $546,441.26 25 Additional Use of Funds Use Expended Encumbered Unencumbered Administrative $93,893.50 Homeownership Counseling Admin From Program Income $636.95 Admin From Disaster Funds $75,374.70 8 $335,949.26 $546,441.26 25 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 Rental Unit Information Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Fort Walton Beach Description Eff. 1 Bed 2 Bed 3 Bed 4 Bed 434A Bear road Fort 8 Walton Beach Percy L Colemand Road, 10 \ The amount of rent charged for a rental unit based on the unit size complies with the Rent Limits 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 $74,737.75 100.00% Public Moneys Expended .00% Private Funds Expended .00% Owner Contribution .00% Total Value of All Units $74,737.75 100.00% SHIP Program Compliance Summary - Home Ownership/Construction/Rehab FL Statute Compliance Category SHIP Funds Trust Funds % of Trust Fund Minimum % Homeownership $612,257.75 $941,935.00 65.00% 65% Construction / Rehabilitation $706,451.26 $941,935.00 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 $74,737.75 $74,737.75 7.80% Very Low $242,055.76 $546,441.26| $788,497.02 82.33% Low $.00 .00% Moderate $.00 .00% Totals: $74,737.75 $242,055.76 $546,441.26 $863,234.77 90.13% 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 $74,737.75 8 $74,737.75 8 Very Low $.00 0 Low $.00 0 Page 3 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Moderate $.00 0 Totals: $74,737.75 8 $.00 0 $74,737.75 8 Form 3 Number of Households/Units Produced List Unincorporated and Each Strategy Municipality ELI VLI Low Mod Total Special Needs Okaloosa 8 8 Rental Totals: 8 8 Characteristics/Age (Head of Household) List Unincorporated and Each Description Municipality 0-25 | 26-40 | 41-61 62+ Total Special Needs Okaloosa 2 2 4 8 Rental Totals: 2 2 4 8 Family Size List Unincorporated and Each 1 2-4 5+ Description Municipality Person | People | People | Total Special Needs Okaloosa 8 8 Rental Totals: 8 8 Race (Head of Household) List Unincorporated and Each Hisp- Amer- Description Municipality White | Black | anic | Asian |Indian| Other | Total Special Needs Okaloosa 6 2 8 Rental Totals: 6 2 8 Special Needs (Any Member of Hous