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R18-148 1 RESOLUTION R18-148 2 3 4 A RESOLUTION OF THE CITY OF BOYNTON 5 BEACH, FLORIDA, APPROVING THE CITY'S STATE 6 HOUSING INITIATIVES PARTNERSHIP (SHIP) 7 ANNUAL REPORT; AUTHORIZING THE MAYOR OR 8 HIS DESIGNEE TO SIGN THE CERTIFICATION TO 9 ACCOMPANY THE REPORT; PROVIDING AN 10 EFFECTIVE DATE. 11 12 WHEREAS, in accordance with Florida Statutes Chapter 420, dedicated revenues 13 resulting from the William E. Sadowski Affordable Housing Act are distributed to various 14 municipalities that are "entitled" communities to assist vyith affordable housing efforts; and is WHEREAS, the City receives an allocation of funds which, pursuant to F.S. 16 420.9072 were created for the purpose of providing funds to counties and eligible 17 municipalities as an incentive for the creation of local housing partnerships, to expand the 18 production of and preserve affordable housing, to further the housing element of the local 19 government comprehensive plan specific to affordable housing and to increase housing 20 related employment; and 21 WHEREAS, the Statute requires that each county or eligible municipality shall 22 submit to the Florida Housing Finance Corporation each year a report of its affordable 23 housing programs and accomplishments through June 30th of each year; and 24 WHEREAS, the report shall be certified as accurate and complete by the local 25 government's chief elected official or his or her designee; and 26 WHEREAS, upon the recommendation of staff, the City Commission deems it to be 27 in the best interests of the citizens and residents of the City of Boynton Beach to approve the 28 City's State Housing Initiatives Partnership (SHIP) Annual Report and authorize the Mayor 29 to execute the Certifications to accompany the report. C:\Users\StanzioneT\AppData\Local\Microsoft\Windows\Temporary Internet Files\Content.IE5\52FYTEOE\SHIP_Annual_Report_(2G18)_- Reso.docx 30 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF 31 THE CITY OF BOYNTON BEACH, FLORIDA, THAT: 32 Section 1. The foregoing "Whereas" clauses are true and correct and are hereby 33 ratified and confirmed by the City Commission. 34 Section 2. The City Commission of the City of Boynton Beach, Florida, hereby 35 approves the City's State Housing Initiatives Partnership (SHIP) Annual Report and 36 authorizes the Mayor or his designee to sign the Certification to accompany the report. 37 Section 3. This Resolution shall become effective immediately upon passage. 38 PASSED AND ADOPTED this 16th day of October, 2018. 39 CITY OF BOYNTON BEACH, FLORIDA 40 41 YES NO 42 43 Mayor— Steven B. Grant ✓ 44 45 Vice Mayor—Christina L. Romelus ✓" 46 47 Commissioner—Mack McCray 48 49 Commissioner—Justin Katz 50 51 Commissioner—Joe Casello / 52 53 54 VOTE S—U 55 ATTEST: 56 57 58 a. / ,16 59 Judi A. Pyle, CMC / 60 Cit Jerk 61 62 63 (Corporate Seal) C:\Users\StanzioneT\AppData\Local\Microsoft\Windows\Temporary Internet Files\Content.IE5\52FYTEOE\SHIP_Annual_Report_(2018)_- Reso.docx State Housing Initiatives Partnership (SHIP) Program Annual Report and Local Housing Incentives Certification On Behalf of City of Boynton Beach (Local Government), I hereby certify that: 1. The Annual Report information submitted electronically to Florida Housing Finance Corporation is true and accurate for the closeout year 2015/2016 and interim years 2016/2017 and 2017/2018 2. The local housing incentives or local housing incentive plan have been implemented or are in the process of being implemented. Including, at a minimum: a. Permits as defined in s.163.3164(15)and (16) for affordable housing projects are expedited to a greater degree than other projects; and b. There is an ongoing process for review of local policies,ordinances, regulations,and plan provisions that increase the cost of housing prior to their adoption. 3. The cumulative cost per newly constructed housing per housing unit,from these actions is estimated to be$00 4. The cumulative cost per rehabilitated housing per housing unit,from these actions is estimated to be $ 00 Staff Member responsible for submitting annual report to FHFC: o via Sherrod,Community Improvement Manager / or .&N_ /1 AL -01)i Witness Signatur- Date Chief Elected Official or Designee Signature Date • Tamm; L. Stanzione Steven B Grant, Mayor Witness Printed Name Chief Elected Official or Designee Printed Name dojitItOULdt(0.11' Witness Signature Date dikeri0 . 0-119fl Witness Printed Name or ATTEST(Seal) IL 1,_ t�-3�y n = Sign ure ate,. A Date � 7 eO,'A. 420.9075(10) Each county or eligible municipality shall submit to the corporation by September 15 of each year a report of its affordable housing programs and accomplishments through June 30 immediately preceding submittal of the report.The report shall be certified as accurate and complete by the local government's chief elected official or his or her designee. Transmittal of the annual report by a county's or eligible municipality's chief elected official,or his or her designee,certifies that the local housing incentive strategies,or,if applicable,the local housing incentive plan, have been implemented or are in the process of being implemented pursuant to the adopted schedule for implementation. Form SHIP AR/2009 67-37.008(3Xf),F.A.C. Effective Date:11/2009 Title: SHIP Annual Report Report Status: Submitted Boynton Beach FY 2015/2016 Closeout Form 1 Page 1 Form SHIP AR2009 67-37.008(3)(1),F.A.C. Effective Date:11/2009 Form 2 Page 3 Form SHIP AR/2009 67-37.008(3xt),F.A.C. Effective Date:11/2009 Form 3 Number of Households/Units Produced List Unincorporated and Each ;Strategy Municipality EU VU Low +. Mod Total Purchase Assistance Boynton Beach 2 2 Without Rehabilitation Purchase Assistance Boynton Beach 2 2 With Rehabilitation Owner Occupied Boynton Beach 3 1 2 6 Rehabilitation Totals: 3 3 4 10 Characteristics/Age (Head of Household) Lit Unincorporated �" end,Each. . Description Muniicipal V 0-25 26.40 .41-4f,1 +q ; Total Purchase Assistance Boynton Beach 1 1 2 Without Rehabilitation Purchase Assistance Boynton Beach 2 2 With Rehabilitation Owner Occupied Boynton Beach 2 2 2 6 Rehabilitation Totals: 5 2 3 10 Family Size List Unincorporated andEach _ 2 4 5* „ Description Munficipality W Pirson Paopls P401417.1 " l Purchase Assistance Boynton Beach 2 2 Without Rehabilitation Purchase Assistance Boynton Beach 1 1 2 With Rehabilitation Owner Occupied Boynton Beach 3 2 1 6 Rehabilitation Totals: 4 5 1 10 Race (Head of Household) List Unincorporated and Each Hisp- Amer- Description Municipality White Black anic Asian Indian Other Total Purchase Assistance Boynton Beach 2 2 Without Rehabilitation Purchase Assistance Boynton Beach 1 1 2 With Rehabilitation Page 5 Form SHIP AR/2009 67-37.008(3)(f),F.A.C. Effective Date:11/2009 Page 7 Form SHIP AR12009 67-37.008(3Xf),F.A.C. Effective Date:11/2009 Owner Occupied Karina 159 SE 31st Ave Boynton Beach 33435 $18,070.00 Rehabilitation Elgohary Owner Occupied Regina White 116 NE 13th Ave Boynton Beach 33435 $22,974.05 Rehabilitation Owner Occupied Edna Lee 1528 NE 2nd Court Boynton Beach 33435 $33,137.40 Rehabilitation Owner Occupied Jeanne Ernst 903 NW 6th Avenue Boynton Beach 33426 $17,000.00 Rehabilitation Sofield&Alvin Solfield Administrative Expenditures $34,850.00 City of Boynton Administrative Expenditure. Sub Recipients and Consultants Name Business Type Strategy Covered Responsibility Program Income Program income Funds Loan Repayment: Refinance: Foreclosure: Sale of Property: $16,375.32 Interest Earned: $630.13 Other 0: Total: $17,005.45 Explanation of Recaptured funds Description Amount Total: $.00 Rental Developments Development Owner Address City ap SHIP Amount SHIP Compliance Additional Name Code Units Monitored By Notes Boynton Beach 2015 Closeout Single Family Area Purchase Price The average area purchase price of single family units: 178,000.00 Or Not Applicable Form 5 Page 9 Form SHIP ARt2009 67-37.008(3)(f),F.A.C. Effective Date:11/2009 Title: SHIP Annual Report Report Status: Submitted Boynton Beach FY 2016/2017 interim-1 Form 1 Page 1 Form SHIP AR/2009 67-37.008(3Xf),F.A.C. Effective Date:11/2009 Rental Unit Information Description J Eff. 1 Bed I 2 Bed I 3'Bed I 4 Bed v No rental strategies are in use 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 Public Moneys Expended NaN Private Funds Expended NaN Owner Contribution NaN Total Value of All Units $.00 NaN SHIP Program Compliance Summary- Home Ownership/Construction/Rehab F�.BORute Compliance Category SHIP Funds Trust Funds %of Trust Fund Min mu n Homeownership $418,656.60 $465,174.00 90.00% 65% Construction/Rehabilitation $418,656.60 $465,174.00 90.00% 75% Program Compliance - Income Set-Asides Income Category ry S SHIP Funds SHIP Faiuum Uninc �� A3140- Extremely iia Extremely Low $.00 .00% Very Low $250,000.00 $250,000.00 53.74% Low $108,656.60 $108,656.60 23.36% Moderate $60,000.00 $60,000.00 12.90% Over 120%-140% $.00 .00% Totals: $.00 $418,656.60 $.00 $418,656.60 90.00% 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 Is Unit Is Expended Extremely Low $.00 0 Very Low $.00 0 Low $.00 0 Moderate $.00 0 Totals: $.00 0 $.00 0 $.00 0 Page 3 Form SHIP AR/2009 67-37.008(3)(f),FA.C. Effective Date:11/2009 Expended Funds Strategy Full Name Address City Zip Expended FY if Unit Code Funds Already `Counted Boynton Beach 2016 Interim-1 Form 5 Special Needs Breakdown SHIP Expended and Encumbered for Special Needs Applicants Exppr>ldad, E Codes Strategies stunt- Units ntP,~ _Units 1 Purchase Assistance With Rehabilitation 2 Purchase Assistance Without Rehabilitation 3 Owner Occupied Rehabilitation Special Needs Category Breakdown by Strategy Expended Encumbered Strategies Special Needs Category Amount Units Amount Units Provide a description of efforts to reduce homelessness: Page 5 Form SHIP AR2009 67-37.008(3Xf),FAG. Effective Date:11/2009 Title: SHIP Annual Report Report Status: Submitted Boynton Beach FY 2017/2018 Interim-2 Form 1 Page 1 Form SHIP AR/2009 67-37.008(3Xf),F.A.C. Effective Date:11/2009 Rental Unit Information Description I Eff. 1 Bed I 2 Bed I 3 Bed I 4 Bed v No rental strategies are in use 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 Public Moneys Expended NaN Private Funds Expended NaN Owner Contribution NaN Total Value of All Units $.00 NaN SHIP Program Compliance Summary- Home Ownership/Construction/Rehab Statute Compliance Category SHIP funds Trust Funds %of Trust Fund ,. Minimum% Homeownership $282,465.00 $313,850.00 90.00% 65% Construction/Rehabilitation $282,465.00 $313,850.00 90.00% 75% Program Compliance- Income Set-Asides 411comeCstPgory `.SHIP �> IP Funds. lP rnds; , ,4: u 80' Extremely Low $.00 .00% Very Low $150,000.00 $150,000.00 47.79% Low $112,465.00 $112,465.00 35.83% Moderate $20,000.00 $20,000.00 6.37% Over 120%-140% $.00 .00% Totals: $.00 $.00 $282,465.00 $282,465.00 90.00% 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#a Expended Extremely Low $.00 0 Very Low $.00 0 Low $.00 0 Moderate $.00 0 Totals: $.00 0 $.00 0 $.00 0 Page 3 Form SHIP AR/2009 67-37.008(3)(f),F.A.C. Effective Date:11/2009 Expended Funds Strategy Full Name Address City Zip. Expended FY if Unit Code Funds -Already Counted Boynton Beach 2017 Interim-2 Form 5 Special Needs Breakdown SHIP Expended and Encumbered for Special Needs Applicants indeo m Codes) `Strategies mt i ry Units Special Needs Category Breakdown by Strategy Expended Ebb! Strategies Special Needs Category _ Amount Units mount Units Provide a description of efforts to reduce homelessness: Page 5 Form SHIP AR/2009 67-37.008(3Xf),FA.C. Effective Date:11/2009 LG Submitted Comments: Page 6 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 VU Low Mod Total Totals: 0 Characteristics/Age (Head of Household) List Unincorporated and Each Description Municipality 0 25 26-40 41-61 62+ Total Totals: 0 Family Size List Unincorporated and Each 1 2.4 5+ Descri on Municipality polity . Person= People People Total Totals: 0 Race (Head of Household) on Listand Unincorporated #lisp- Al pti iunicipa ltyy ,x Whhite; . tat is ante= ''Alan 1 a Descxi Total Totals: 0 Demographics (Any Member of Household) List Unincorporated and Each farm D Homes DescriptionMun ipatitity? orker`a 3 1 , Other y.Xithisr ` otal Totals: 0 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 Page 4 Form SHIP AR/2009 67-37.008(3)(f),F.A.C. Effective Date:11/2009 SHIP Distribution Summary: Homeownership Code Expended Encumbered Unencumbered;. Strategy Amount Units Amount Units Amount Units 1 Purchase Assistance With $40,000.00 2 Rehabilitation 2 Purchase Assistance $40,500.00 2 Without Rehabilitation 3 Owner Occupied $201,965.00 4 Rehabilitation Homeownership Totals: $282,465.00 8 Rentals Expended Encumbered Unencumbered Cede' Strategy Amount Units Amount m' 'Units Amount Units Rental Totals: Subtotals: $282,465.00 8 Additional Use of Funds Use Expended Encumbered Unencumbered Administrative $31,385.00 Homeownership Counseling Admin From Program Income Admin From Disaster Funds Totals: 8.00 $31;385.00 $282,465.00 8 Total Revenue (Actual and/or Anticipated)for Local SHIP Trust Fund Source of Funds Amount State Annual Distribution $313,850.00 Program Income(Interest) Program Income(Payments) Recaptured Funds Disaster Funds Other Funds Carryover funds from previous year 5.00 Total: $313,850.00 *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 LG Submitted Comments: Page 6 Form SHIP AR2009 67-37.008(3Xf),F.A.C. Effective Date:11/2009 Form 3 Number of Households/Units Produced List Unincorporated and Each Strategy Municipality EU VLI Low Mod Total Totals: 0 Characteristics/Age (Head of Household) List Unincorporated and Each Description Municipality 0-25 26-40 41-61 62+ Total Totals: 0 Family Size List Unincorporated and Each 1 2,4< 5+ Description Municipality Person_, People People Total Totals: 0 Race (Head of Household) List UninPorporoted . mon un ity„*, , Ihlle Blac nk ''Asian,. en kOther "Total Totals: 0 Demographics (Any Member of Household) List Unincorporated • Devei ani!Each Farm m Heins- .4 ptioh _ INoolcer- abletl elositx 4idetlya 'Other, eller Total Totals: 0 Special Target Groups for Funds Expended (i.e. teachers, nurses, law enforcement, fire fighters, etc.) Set Aside Special Target Total 6 of Description Group Expended Funds Expended Units Form 4 Page 4 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 1 Purchase Assistance With $40,000.00 Rehabilitation 1 2 Purchase Assistance $99,999.60 3 Without Rehabilitation 3 Owner Occupied $278,657.00 Rehabilitation 6 Homeownership Totals: $418,656.60 10 Rentals Expended Encumbered Unencumbered Code Strategy Amount Units Alnbsmt ` Unitn Amount "Units Rental Totals: Subtotals: $418,656.60 10 Additional Use of Funds Use Expended Encumbered Unencumbered Administrative $46,517.40 Homeownership Counseling Admin From Program Income Admin From Disaster Funds Totals: $.00 $485,174.00 10 $.00 Total Revenue (Actual and/or Anticipated)for Local SHIP Trust Fund Source of Funds Amount State Annual Distribution $465,174.00 Program Income(Interest) Program Income(Payments) Recaptured Funds Disaster Funds Other Funds Carryover funds from previous year $.00 Total: $465,174.00 *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)(t),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 1 Purchase Assistance Without $40,000.00 1 Rehabilitation 2 Purchase Assistance With Rehabilitation 3 Owner Occupied Rehabilitation $102,343.63 2 Special Needs Category Breakdown by Strategy Expended Enctanbered Strategies Special Needs Category Amount Units Amount Units (3)Owner Occupied Receiving Supplemental $102,343.63 2 Rehabilitation Security Income (1)Purchase Assistance Receiving Supplemental $40,000.00 1 Without Rehabilitation Security Income Provide a description of efforts to reduce homelessness: The City of Boynton Beach continues to collaborate with The Homelessness and Housing Alliance(HHA)of Palm Beach County(formerly the Continuum of Care)in its efforts to deliver comprehensive and coordinated continuum of services to homeless individuals and families in Palm Beach County. Components of HHA include homeless prevention,outreach and assessment,emergency shelter,transitional housing, supportive services, permanent housing and permanent supportive housing. LG Submitted Comments: Page 10 Form SHIP AR12009 67-37.008(3Xf),F.A.C. Effective Date:11/2009 Availability for Public Inspection and Comments NA Homeownership Default& Foreclosure Mortgage Foreclosures A. Very low income households in foreclosure: 0 B. Low income households in foreclosure: 0 C. Moderate households in foreclosure: 0 Foreclosed Loans Life-to-date: 0 SHIP Program Foreclosure Percentage Rate Life to Date: 0 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 NA Strategies and Production Costs Strategy Average Cost Expended Funds Total Unit Count: 10 Total Expended Amount: $330,650.00 Strategy Full Name Address Citya FY if Unit e. .. Already Counted Purchase Gladys Riddick 215 W. MLK Jr. Blvd Boynton Beach 33435 $45,000.00 Assistance Without &Thomas Rehabilitation Edison Smaw Purchase Tranettta 1100 NW 1st Street Boynton Beach 33435 $45,000.00 Assistance Without Rutherford Rehabilitation Purchase Pamelina 220 SW 3rd Street Boynton Beach 33435 $42,640.00 Assistance With Baglio Rehabilitation Purchase Nicholas 8 Via De Casas Apt Boynton Beach 33426 $12,300.00 Assistance With Barnes 102 Rehabilitation Owner Occupied Lizzie Hood 2751 NW 2nd St Boynton Beach 33435 $70,025.00 Rehabilitation Owner Occupied Marie Ylceus 400 NE 15th Court Boynton Beach 33435 $24,504.00 Rehabilitation Page 8 Form SHIP AR/2009 67-37.008(3Xf),FA.C. Effective Date:11/2009 Owner Occupied Boynton Beach 2 4 6 Rehabilitation Totals: 3 7 10 Demographics (Any Member of Household) Ust Unincorporated 1)evel and Each Farm Mai Hoene- Description Municipality Worker abled less Elderly Other Other Total Purchase Assistance Boynton Beach 1 1 Without Rehabilitation Purchase Assistance Boynton Beach 0 With Rehabilitation Owner Occupied Boynton Beach 2 2 Rehabilitation Totals: 3 3 Special Target Groups for Funds Expended (i.e. teachers, nurses, law enforcement, fire fighters, etc.) Set Aside • Special Tine ,Total#0f, Poe .. G uP'. emended ;_ Form 4 Status of Incentive Strategies Incentive Strategy: Expedited Permitting:Permits defined in s.163.3177(6)(f)(3)for affordable housing projects are expedited to a greater degree than other project. Via email,our division notifies the Plan Review Division(Building Department)of upcoming affordable housing projects. The Plan Review staff makes an effort to process the permits within 3 to 5 days. Adopting Ordinance or Resolution Number or identify local policy: City of Boynton Resolution R98-068 Implementation Schedule(Date): April 15, 1998 Has the plan or strategy been implemented?If no,describe the steps that will be taken to implement the plan: The strategies were implemented upon adoption by the city. Status of Strategy-(is the strategy functioning as intended, i.e. are the time frames being met, etc.): The Strategies are functioning as planned. Support Services The City collaborated with an local non-profit to provide free Homebuyer's Workshops and The Legal Aid Society of Palm Beach County to provide free legal services. Other Accomplishments NA Page 6 Form SHIP AR/2009 67-37.008(3xf),F.A.C. Effective Date:11/2009 Rental Unit Information 1 Description 1 Eft- ' 1 Bed 1 2 Bed 1 3 Bed I 4 Bed v No rental strategies are in use Recap of Funding Sources for Units Produced ("Leveraging") Source of Funds Produced Amount of Funds Expended to through June 30th for Units Date 96 of Total Value SHIP Funds Expended $330,650.45 34.06% Public Moneys Expended .00% Private Funds Expended $638,475.00 65.78% Owner Contribution $1,550.00 .16% Total Value of All Units $970,675.45 100.00% SHIP Program Compliance Summary- Home Ownership/Construction/Rehab 64101a11:'Ci OftlidrYFund *ritY4480111011 of*fr t Homeownership $330,650.45 $348,495.00 94.88% 65% Construction/Rehabilitation $330,650.45 $348,495.00 94.88% 75% Program Compliance- lnoomIncome Set-Asides r HI P Fid1,, Inds • ft E eI • Extremely... Low $.00 .00% Very Low $127,666.40 $127,666.40 34.93% Low $112,974.05 $112,974.05 30.91% Moderate $90,010.00 $90,010.00 24.63% Over 120%-140% $.00 .00% Totals: $330,650.45 $.00 $.00 $330,650.45 90.47% Project Funding for Expended Funds Only income Category Total Funds Mortgages, Total Funds SHIP Total SHIP Total S Mortgages, Loans& SHIP Grants Grant Funds Units Loans Si DPL's DPL Unit Ss Unit#s Expended Extremely Low $.00 0 Very Low $127,666.40 3 $127,666.40 3 Low $112,974.05 3 $112,974.05 3 Moderate $90,010.00 4 $90,010.00 4 Totals: $330,650.45 10 $.00 0 $330,650.45 10 Page 4 Form SHIP AR/2009 67-37.008(3)(f),F.A.C. Effective Date:11/2009 SHIP Distribution Summary: Homeownership Expended Codes. .: ... . -strategy � Units ,_. �1 �~k�� run* 1 Purchase Assistance $90,000.00 2 Without Rehabilitation 2 Purchase Assistance With $54,940.00 2 $.00 $00 0 Rehabilitation 3 Owner Occupied $185,710.45 6 Rehabilitation Homeownership Totals: $330,650.45 10 $.00 $.00 0 Rentals t � 'C2 6:4•"" 'fi= ,p= .€^r ` 'd;'k,=1*'F - .4 ^fir 4=-.!l-...�+-�6 .. j' »a ..1 .,1•ri..ed.,g�+,3, Rental Totals: Subtotals: $330,650.45 10 $.00 $.00 0 Additional Use of Funds _ 1**-7-111 Administrative $34,031.23 Homeownership Counseling -_ ■ Admin From Program Income $818.77 __ Admin From Disaster Funds -- 1fl $ 0. ` f Total Revenue (Actual and/or Anticipated)for Local SHIP Trust Fund 14- Of Funds State Annual Distribution $348,495.00 Program Income(Interest) $630.13 Program Income(Payments) $16,375.32 Recaptured Funds Disaster Funds Other Funds Carryover funds from previous year $.00 Total: $365,500.45 *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 Page 2