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orm 11 : SHIP DISTRIBUTION ` SUMMARY Submittal Date: 8/17/2004 <br /> Section 420 .9075(9) , F. S . Fiscal Year : 2002-2003 ( Close Out Report ) <br /> FLORIDA HOUSING FINANCE CORPORATION - SHIP PROGRAM ANNUAL REPORT <br /> NAME OF LOCAL ENTITY: Indian River County 7 ` <br /> TABLE A: <br /> SHIP FUNDS SHIP FUNDS UNENCUMBERED <br /> STRATEGY EXPENDED ENCUMBERED SHIP FUNDS <br /> DESCRIPTION A B C <br /> Proposed Proposed <br /> HOMEOWNERSHIP STRATEGIES Amount Units Amount Units Amount Units <br /> Down pa ment/Closing cost+ LAL(ADPC 60 , 000 . 00 3 <br /> DPCC 50 , 000 . 00 4 <br /> DPCC+ RL ( DPRL ) 365 , 952 . 80 24 <br /> DPCC+ IFIL ( LDPC ) 542 , 159 . 36 30 <br /> RL+ IFL ( LRL ) 11787 . 30 1 <br /> Rehabilitation Grant ( RG) 173 , 359 . 18 11 <br /> Rehabilitation Loan ( RL) 133 , 833 . 40 11 <br /> RENTAL STRATEGIES <br /> Subtotal 11327 , 092 . 04 84 <br /> Administration From State Distribution 119 , 516 . 80 <br /> Home Ownership Counseling <br /> Admin from Program Income 13 , 173 . 63 <br /> Admin from Disaster Funds <br /> Total 1 , 459 , 782 .4784 <br /> * This figure must equal the amount for "SHIP Funds Expended" on Form 2 , Table B . <br /> TABLE B : <br /> Total Revenue (actual and/or anticipated) for Local SHIP Trust Fund <br /> A B <br /> Amount Percentage <br /> Source of SHIP Funds of Funds of Funds <br /> State Annual Distribution $ 1 , 195 , 168 . 00 81 . 84% <br /> Program IncomeInterest <br /> Program Income (Payments) $263 , 472 . 59 18 .04% <br /> Recaptured Funds <br /> Disaster Funds <br /> Other Funds <br /> Carry over funds from previous year $ 1 , 726 . 79 0 . 12% <br /> Total Funds Deposited into Local $ 1 , 460 , 367 . 38 100 . 00% <br /> Affordable Housing Trust Fund <br /> TABLE C : <br /> **Enter Total $$ from Table A, Columns A, B , & C : $ 1 , 459 , 782 . 47 <br /> ***Enter amount to be carried forward to next year: $ 584 . 91 <br /> TOTAL $ 1 , 460 , 367 . 38 <br /> ** Must equal Total from Form 1 , Table b , Col . B . <br /> ***Carry forward is used only in a closeout year when the amount of funds <br /> remaining are not sufficient to fully assist one unit. <br /> The unit assisted is counted in the next fiscal year. <br /> SHIP AR/02- 1 99-4 <br /> shipfinalannualreport 2002_03 <br />