Combined insurance program

Four programs, one authority

Unconverted public housing remains on the CBHA master. Converted RAD and LIHTC assets have left it. Oakridge is between them — builder’s risk bound, permanent quoted. Auto, WC, crime, cyber and public officials live only on the master.

Portfolio rates

Composite

How calculated

Sum of TIV on every location in this scope — dwellings and support sites. Matches the 2026 premium-year TIV. Program TIVs are the same dollars allocated by placement, not a second total. Board Report uses this same number.

$1.00 / $100

$186.4M TIV

In-force premium

How calculated

Premium on lines with status bound, master, or project. Quoted and gap premiums are excluded.

$1,871,950

Bound / master / project only

Indicated premium

How calculated

Premium recorded on quote or gap lines. It is not in-force and would not pay. Shown so the board can see the ask next to what is already bound.

$344,000

Quote and gap — not in force

Property

$.77 / $100

$1,438,500 property, flood, BR, IM

Casualty

$433,450

GL, umbrella, auto, WC, crime, D&O, cyber

Per unit

$1,946

962 units across the portfolio

Rate by program

All-lines rate is in-force premium over that program’s TIV. Property rate uses only property, flood, builder’s risk and inland marine.

Program	TIV	Premium	All-lines	Property	Share
CBHA Master Package Authority master	$83.6M	$965,950	$1.16 / $100	$.75 / $100	52%
Eastview Terrace Project Program Converted RAD project	$28.4M	$288,000	$1.01 / $100	$.82 / $100	15%
Riverbend Family Project Program Converted 4% LIHTC	$31.8M	$324,000	$1.02 / $100	$.90 / $100	17%
Oakridge Court Conversion Program Live conversion	$42.6M	$294,000	$.69 / $100	$.69 / $100	16%
Portfolio	$186.4M	$1,871,950	$1.00 / $100	$.77 / $100	100%

TIV across the portfolio

$186.4M insured value · 18 lines · 4 programs

CBHA Master Package$83.6M · 45%
Eastview Terrace Project Program$28.4M · 15%
Riverbend Family Project Program$31.8M · 17%
Oakridge Court Conversion Program$42.6M · 23%

Authority master

CBHA Master Package

Housing Authority Specialty / admitted package

TIV: $83.6M
In-force premium: $965,950
All-lines rate: $1.16 / $100
Property rate: $.75 / $100
AOP / named storm: $25,000 AOP5% of TIV
Flood: NFIP on AE parcels; no excess

Covers every AMP that has not left public housing. Standalone — not currently in a regional housing-authority pool. Auto, WC, crime, public officials and cyber live only here.

Line	Premium	Rate
Property — buildings	$612,000	$.73 / $100 TIV
General liability	$54,000	$106 / unit
Umbrella / excess	$72,000	0.72% of limit
Automobile	$88,000	$2,095 / vehicle
Workers compensation	$94,000	$4.20 / $100 payroll
Crime / fidelity	$9,500	0.95% of limit
Public officials / D&O	$22,000	1.10% of limit
Cyber and Privacy Liability	$1,950	0.19% of limit
Flood — NFIPgap	$32,000	$.28 / $100 TIV
Inland marine / contractors equipment	$12,500	$.69 / $100 TIV

Converted RAD project

Eastview Terrace Project Program

Admitted habitational · layered property

TIV: $28.4M
In-force premium: $288,000
All-lines rate: $1.01 / $100
Property rate: $.82 / $100
AOP / named storm: $10,000 AOP2% of TIV
Flood: Not in SFHA · DIC not purchased

Post-RAD project program. HUD and the RAD lender are mortgagees. Tighter deductibles than the master; higher umbrella. No auto or public-officials coverage — those stay on the master.

Line	Premium	Rate
Property — buildings	$234,000	$.82 / $100 TIV
General liability + umbrella	$54,000	$450 / unit

EV Eastview Terrace

Converted 4% LIHTC

Riverbend Family Project Program

Admitted habitational · single carrier

TIV: $31.8M
In-force premium: $324,000
All-lines rate: $1.02 / $100
Property rate: $.90 / $100
AOP / named storm: $25,000 AOP3% of TIV
Flood: NFIP max + $10M excess private

Zone AE mixed-finance asset. Flood is the structured placement. Investor LP/SP additional-insured wording is already matched.

Line	Premium	Rate
Property — buildings	$248,000	$.78 / $100 TIV
Flood — NFIP + excess	$38,000	$.12 / $100 TIV
GL + umbrella	$38,000	$250 / unit

RB Riverbend Family

Live conversion

Oakridge Court Conversion Program

Builder's risk bound · permanent quoted

TIV: $42.6M
In-force premium: $294,000
All-lines rate: $.69 / $100
Property rate: $.69 / $100
AOP / named storm: $25,000 current / $10,000 requested5% current / 2% requested
Flood: SFHA determination pending

Managed on Conversion Hub. Permanent property is quote-only. Four potential variances are open, including deductible, named storm, flood and soft costs.

Line	Premium	Rate
Builder's risk	$294,000	$.69 / $100 TIV
Permanent property (quoted)quote	$312,000	$.73 / $100 TIV
Floodgap	—	—

OC Oakridge Court

Authority master · specialty

Cyber and Privacy Liability

Cyber and Privacy Liability 94.111 (07/19) · Crescent Bend Housing Authority

Aggregate limit

$1,000,000

Each claim or event, including claims expenses

Retention

$2,500 ($10,000 cyber deception)

Retention $2,500 ($10,000 cyber deception)

Premium

$1,950

January 1, 2026 – January 1, 2027

Carrier

BCS Insurance Company

Policy SAMPLE-CBHA-CYBER-2026

Period: January 1, 2026 – January 1, 2027
Retroactive date: Full prior acts
Territory: Worldwide
Waiting period: 8 hours
Named insured: Crescent Bend Housing Authority
Choice of law: Mississippi
Applies to: Authority systems · Crescent Bend Housing Authority (MS194)
Form: Cyber and Privacy Liability 94.111 (07/19)

Claims-made. Claims expenses reduce the limits of liability. HCV / PIC and tenant PII sit on the authority master. Converted sites use the same network. Sample declaration for the public demo — not a live policy.

Insuring agreements

Per-claim sublimit includes claim expenses. Nil / N/A on the form means not purchased — every row here is purchased.

Coverage	Per claim	Aggregate	Retention
A. Privacy Liability (including Employee Privacy)	$1,000,000	$1,000,000	$2,500 each / $2,500 agg
B. Privacy Regulatory Claims Coverage	$1,000,000	$1,000,000	$2,500 each / $2,500 agg
C. Security Breach Response Coverage	$1,000,000	None	$2,500 each / $2,500 agg
D. Security Liability	$1,000,000	$1,000,000	$2,500 each / $2,500 agg
E. Multimedia Liability	$1,000,000	$1,000,000	$2,500 each / $2,500 agg
F. Cyber Extortion	$1,000,000	None	$2,500 each / $2,500 agg

G. Business Income and Digital Asset Restoration

Coverage	Per claim	Aggregate	Retention
Business Income Loss	$1,000,000	N/A	$2,500 each / $2,500 agg
Restoration Costs	$1,000,000	N/A	$2,500 each / $2,500 agg
Reputation Business Income Loss	$1,000,000	N/A	$2,500 each / $2,500 agg
Systems Integrity Restoration Loss e.g. bricking	$250,000	N/A	$2,500 each / $2,500 agg

H. PCI DSS Assessment

Coverage	Per claim	Aggregate	Retention
H. PCI DSS Assessment	$1,000,000	$1,000,000	$2,500 each / $2,500 agg

I. Electronic Fraud

Coverage	Per claim	Aggregate	Retention
Phishing Loss	$50,000	None	$2,500 each / $2,500 agg
Services Fraud Loss	$100,000	None	$2,500 each / $2,500 agg
Reward Fund Loss	$50,000	None	$2,500 each / $2,500 agg
Personal Financial Loss	$250,000	None	$2,500 each / $2,500 agg
Corporate Identity Theft Loss	$250,000	None	$2,500 each / $2,500 agg
Telephone Hacking Loss	$100,000	None	$2,500 each / $2,500 agg
Direct Financial Loss (Funds Transfer Fraud)	$100,000	None	$2,500 each / $2,500 agg
Cyber Deception e.g. social engineering	$250,000	$250,000	$10,000 each / None agg

Supplemental limits

Coverage	Per claim	Aggregate	Retention
Court Attendance Costs	$100,000	—	—
Bodily Injury / Property Damage Liability	$250,000	—	—
TCPA (Telephone Consumer Protection Act)	$100,000	—	—
HIPAA Corrective Action Plan Costs	$50,000	—	—
Post Breach Response	$25,000	—	—
Independent Consultant	$25,000	—	—
Outsourced Provider	$250,000	—	—
Computer System	$250,000	—	—

Combined coverage schedule

Quoted and gap lines show an indicated rate and are not in the in-force premium.

Line	Applies to	Limit	Retention	Carrier	Premium	Rate	Status
Property — buildings Replacement-cost statements on 1958–1984 AMPs have not been re-appraised since 2023.	All unconverted ACC + support	$83.6M blanket TIV	$25K AOP · 5% named storm	HA specialty package	$612,000	$.73 / $100 TIV	master
General liability Habitational form. Converted LPs carry their own CGL.	Authority operations + ACC sites	$1M / $2M	$0	HA specialty package	$54,000	$106 / unit	master
Umbrella / excess Lower than converted project umbrellas ($15M / $25M).	Authority master	$10M	Follows primary	Follow-form excess	$72,000	0.72% of limit	master
Automobile Converted entities do not schedule vehicles here.	CBHA fleet only	$1M CSL · 42 units	$1,000 comp / collision	Admitted auto	$88,000	$2,095 / vehicle	master
Workers compensation	47 CBHA employees	Statutory	None	State fund / admitted	$94,000	$4.20 / $100 payroll	master
Crime / fidelity Investor crime on Oakridge is a separate quote.	Authority + ACC sites	$1M	$10,000	Package endorsement	$9,500	0.95% of limit	master
Public officials / D&O Does not extend to LP general partners on converted deals.	Board and authority officers	$2M	$25,000	Management liability	$22,000	1.10% of limit	master
Cyber and Privacy Liability January 1, 2026 – January 1, 2027 Claims-made. Claims expenses reduce the limits of liability. HCV / PIC and tenant PII sit on the authority master. Converted sites use the same network. Sample declaration for the public demo — not a live policy.	Authority systems · Crescent Bend Housing Authority (MS194)	$1,000,000	$2,500 ($10,000 cyber deception)	BCS Insurance Company	$1,950	0.19% of limit	master
Flood — NFIP No excess flood on the master. Riverbend carries excess on its own program. Scattered-site parcel determinations are incomplete.	Southside Walk + scattered AE parcels	Building max per AE building	NFIP statutory	NFIP	$32,000	Indicated $.28 / $100 TIV	gap
Inland marine / contractors equipment	Maintenance Yard	$1.8M scheduled	$5,000	Package	$12,500	$.69 / $100 TIV	master
Property — buildings Tighter AOP than the master. HUD / RAD lender mortgagee clause in force.	Eastview Terrace	$28.4M	$10K AOP · 2% named storm	Layered habitational	$234,000	$.82 / $100 TIV	project
General liability + umbrella	Eastview Terrace LP	$1M / $2M · $15M umbrella	$0 / SIR none	Admitted habitational	$54,000	$450 / unit	project
Property — buildings	Riverbend Family	$31.8M	$25K AOP · 3% named storm	Single-carrier habitational	$248,000	$.78 / $100 TIV	project
Flood — NFIP + excess The only structured excess-flood placement in the portfolio.	Riverbend Family (Zone AE)	NFIP max + $10M excess	NFIP / $50K excess	NFIP + private excess	$38,000	$.12 / $100 TIV	project
GL + umbrella Investor additional insured, primary and noncontributory, endorsed.	Riverbend Family LLC	$1M / $2M · $25M umbrella	$0	Admitted habitational	$38,000	$250 / unit	project
Builder's risk Soft-cost schedule not confirmed. Occupancy consent outstanding.	Oakridge Court (in construction)	$42.6M + soft costs TBD	$25,000	Construction specialty	$294,000	$.69 / $100 TIV	bound
Permanent property (quoted) Named storm 5% vs 2% is a potential variance. See Conversion Hub.	Oakridge Court at conversion	$42.6M RC	$25K vs $10K requested	Quoted — not bound	$312,000	Indicated $.73 / $100 TIV	quote
Flood SFHA determination ordered 3/14. Cannot finalize NFIP vs private vs excess until it returns.	Oakridge Court	Not structured	—	Determination pending	—	—	gap

In-force $1,871,950 · 15 of 18 lines bound. Oakridge permanent is quoted at $.73 / $100 TIV and is not in the composite.

Master vs project

Unconverted ACC — 438 units plus the 72-unit RAD pipeline — still takes $25K AOP and 5% named storm on a standalone master. Converted Eastview already buys $10K AOP and 2% named storm, and a lower property rate than the master all-lines load.

Composite is $1.00 / $100

In-force premium is $1.9M on $186.4M TIV. That is up from about $.69 in 2021 because CAT, flood and construction replaced the quiet ACC package. Casualty (auto, WC, D&O, cyber) still lives only on the master, which is why the master’s all-lines rate sits above its property rate.

Lines that do not follow the conversion: auto, workers compensation, public officials, crime and cyber stay on the authority master. See Conversion Hub for Oakridge. Open Coverage Scenario Explorer.