Okaloosa County BOCC — October 20, 2015 — SHIP AR 2013-2014 — 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 Bech FY 2013/2014 Form 1 Page 1 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 SHIP Distri bution Summary Homeownership Expended Encumbered Unencumbered Code Strategy Amount Units Amount Units Amount Units 3 Owner Occupied $31,725.50 $236,749.36 o 1 5 Rehabilitation 11 Special Needs $31,332.50 1 —_ Homeownership Totals: $63,058.00 2 $236,749.36 5 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: $137,795.75 10 $236,749.36 5 Additional Use of Funds Use Expended Encumbered Unencumbered Administrative $5,423.18 $5,866.42 Homeownership Counseling Admin From Program Income Admin From Disaster Funds Totals: $143,218.93 10 $242,615.78 5 $.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) $3,661.22 Program Income (Payments) $1,333.32 Recaptured Funds Disaster Funds Other Funds Carryover funds from previous year $4,520.17 Total: $385,834.71 * 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 v 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 $137,795.75 100.00% Public Moneys Expended .00% Private Funds Expended .00% Owner Contribution .00% Total Value of All Units $137,795.75 100.00% 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 $56,053.32 $93,909.36 $149,962.68 38.87% Very Low $31,332.50 $50,000.00 $81,332.50 21.08% Low $50,409.93 $92,840.00 $143,249.93 37.13% Moderate $.00 .00% Totals: $137,795.75 $236,749.36 $.00 $374,545.11 97.07% 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 $56,053.32 6 $56,053.32 6 Very Low $31,332.50 1 $31,332.50 1 Low $50,409.93 3 $50,409.93 3 Moderate $.00 0 Totals: $137,795.75 10 $.00 0 $137,795.75 10 Form 3 | Page 3 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Number of Households/Units Produced List Unincorporated and Each Strategy Municipality ELI VLI Low Mod Total Owner Occupied 1 1 Rehabilitation Special Needs 6 2 8 Rental Special Needs 1 1 Totals: 6 1 3 10 Characteristics/Age (Head of Household) List Unincorporated and Each Description Municipality 0-25 | 26-40 | 41-61 62+ Total Owner Occupied 1 1 Rehabilitation Special Needs 2 6 8 Rental Special Needs 1 1 Totals: 2 6 2 10 Family Size List Unincorporated and Each 1 2-4 5+ Description Municipality Person | People | People | Total Owner Occupied 2 2 Rehabilitation Special Needs 8 8 Rental Special Needs 0 Totals: 10 10 Race (Head of Household) List Unincorporated and Each Hisp- Amer- Description Municipality White | Black | anic | Asian |Indian| Other | Total Owner Occupied 1 1 Rehabilitation Special Needs 6 2 8 Rental Special Needs 1 1 Totals: 8 2 10 Special Needs (Any Member of Household) List Unincorporated Devel. and Each Farm Dis- Home- Special | Special Description Municipality Worker | abled less Elderly | Needs | Needs | Total Owner Occupied Rehabilitation Page 4 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Special Needs 8 Rental Special Needs 1 Totals: 8 1 Special Target Groups for Funds Expended (i.e. teachers, nurses, law enforcement, fire fighters, etc.) Set Aside Description Special Target Group Expended Funds Total # of Expended Units Form 4 Page 5 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 Expended Funds $137,796.00 Strategy Full Name Address City Zip Expended Unit Code Funds Counted Special Needs Polnitz, D 434 Bear Road Fort Walton 32547 $9,342.22 D Rental Beach Special Needs Rinios, J 434 Bear Road Fort Walton 32547 $9,342.22 D Rental Beach Special Needs Sandin, F 434 Bear Road Fort Walton 32547 $9,342.22 |___] Rental Beach Special Needs Simpson, V 434 Bear Road Fort Walton 32547 $9,342.22 [___] Rental Beach Special Needs Speziale, G 434 Bear Road Fort Walton 32547 $9,342.22 [:I Rental Beach Special Needs Tomasavic, B |434 Bear Road Fort Walton 32547 $9,342.22 D Rental Beach Special Needs White, Toni 434 Bear Road Fort Walton 32547 $9,342.22 D Rental Beach Special Needs Touchstone, W|434 Bear Road Fort Walton 32547 $9,342.21 D Rental Beach Owner Occupied |Cooley, B 415 Gerold Street [Fort Walton ~ {$29,800. | $31,725.50 (] Rehabilitation Beach 00 Special Needs Zettlemoyer, T |1425 Mixon Fort Walton $29,425.( $31,332.50 D Beach 00 Okaloosa County/Fort Walton Bch 2013 Interim-1 Form 5 Page 6 Form SHIP AR/2009 67-37.008(3)(f), F.A.C. Effective Date: 11/2009 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 Receiving Supplemental $31,332.50 Security Income L |(11) Special Needs Developmental Disabilities $74,737.75 LG Submitted Comments: Page 7