PHA portfolio · MS194

Crescent Bend Housing Authority

Meridian and Lauderdale County, MS. One portfolio of converted mixed-finance, the live conversion, and every public-housing development that has not left ACC — locations, properties and coverages together.

Sample demo

1 locations
1 developments
4 properties
3 coverage lines
6 loss records
1 city

Insured TIV

How calculated

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

$42.6M

1 locations · same number as Board Report

Locations

How calculated

1 sites on the book.

1 developments

In-force premium

How calculated

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

$294,000

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.

$312,000

Quote and gap lines — not in force

Today

MediumOn the book
1 locations · $42.6M insured TIV
1 developments. In-force $294,000; indicated $312,000.
RISK-OC-001CriticalOn the book
Oakridge Court closing in 43 days
Closing in 43 days · 3 items overdue · 6 due within 14 days · 1 critical dependency.
RISK-CB-006MediumOn the book
Master renewal Jan 25, 2027 · file completeness 77%
10 of 13 required renewal tasks/exhibits are on the book.
MediumOn the book
How the book stays current · Broker Assisted (default)
Placewell Housing Insurance is an invited contributor. Broker ~72% / owner ~18% / other partners ~6% / PRH reconciliation ~4% (illustrative; percentages vary). Broker participation makes PRH easier; it is never required. The broker can help maintain the book without owning the book.

What matters

RISK-OC-001CriticalOn the book
Oakridge Court closing in 43 days
Closing in 43 days · 3 items overdue · 6 due within 14 days · 1 critical dependency.
RISK-OC-002CriticalConflicting
Named storm 5% vs 2% on Oakridge Court
$1.3M extra retention if a named storm hits $42.6M TIV at 5% instead of 2%. Source: Permanent lender · Permanent lender guide §4.3.
RISK-OC-004CriticalNeeds confirmation
Oakridge Court — Flood structure unresolved
One flood-structure issue: determination, indicated NFIP, whether excess flood is structured, and closing evidence.
4 recorded facts
- SFHA pending — Oakridge Court — flood is not structured on the book until the zone is known.
- NFIP indicated — not confirmed in force — Oakridge Court — indicated, not confirmed in force. Premium not recorded. No excess.
- Excess flood not structured — No excess flood structure is on the book.
- Conversion impact — SFHA determination pending. Order determination, NFIP evidence and excess flood option
RISK-OC-003HighOn the book
Permanent property (quoted) is indicated, not in force
$312,000 is on the quote line. It is not in the in-force composite.

What next

RISK-OC-001CriticalOn the book
Oakridge Court closing in 43 days
Closing in 43 days · 3 items overdue · 6 due within 14 days · 1 critical dependency.
RISK-OC-004CriticalNeeds confirmation
Oakridge Court — Flood structure unresolved
One flood-structure issue: determination, indicated NFIP, whether excess flood is structured, and closing evidence.
4 recorded facts
- SFHA pending — Oakridge Court — flood is not structured on the book until the zone is known.
- NFIP indicated — not confirmed in force — Oakridge Court — indicated, not confirmed in force. Premium not recorded. No excess.
- Excess flood not structured — No excess flood structure is on the book.
- Conversion impact — SFHA determination pending. Order determination, NFIP evidence and excess flood option
RISK-OC-003HighOn the book
Permanent property (quoted) is indicated, not in force
$312,000 is on the quote line. It is not in the in-force composite.

How the book stays current

Burden sits with the people who already have the information

Operating mode: Broker Assisted (default). Contributor shares live on the contributors page.

Broker participation makes PRH easier; it is never required.

The broker can help maintain the book without owning the book.

Book contributors

Risk Watchlist

Items the book already records — not a recommendation, and not a determination.

RISK-OC-001CriticalOn the book
Oakridge Court closing in 43 days
Closing in 43 days · 3 items overdue · 6 due within 14 days · 1 critical dependency.
Conversion Hub target
RISK-OC-002CriticalConflicting
Named storm 5% vs 2% on Oakridge Court
$1.3M extra retention if a named storm hits $42.6M TIV at 5% instead of 2%. Source: Permanent lender · Permanent lender guide §4.3.
Permanent lender · Permanent lender guide §4.3
RISK-OC-004CriticalNeeds confirmation
Oakridge Court — Flood structure unresolved
One flood-structure issue: determination, indicated NFIP, whether excess flood is structured, and closing evidence.
Conversion Hub flood exhibit
4 recorded facts
- SFHA pending — Oakridge Court — flood is not structured on the book until the zone is known.
- NFIP indicated — not confirmed in force — Oakridge Court — indicated, not confirmed in force. Premium not recorded. No excess.
- Excess flood not structured — No excess flood structure is on the book.
- Conversion impact — SFHA determination pending. Order determination, NFIP evidence and excess flood option
RISK-OC-003HighOn the book
Permanent property (quoted) is indicated, not in force
$312,000 is on the quote line. It is not in the in-force composite.
Coverage schedule
RISK-CB-005MediumOn the book
2 open claims
$67,000 incurred still open on this book.
Loss run
RISK-CB-006MediumOn the book
Master renewal Jan 25, 2027 · file completeness 77%
10 of 13 required renewal tasks/exhibits are on the book.
Renewal Command Center checklist
RISK-CB-010HighOn the book
Large CAT / named-storm deductible on the program
Oakridge Court Conversion Program: named storm 5% current / 2% requested; wind 2% quoted
Program schedule

Dollar consequences

Stakes the schedule and exhibits already support. Source is shown when a document is on the desk.

RISK-OC-012Needs confirmation
Soft-cost / delay exposure not confirmed against $42.6M hard-cost TIV
Construction lender · Builder's risk policy · Builder's risk policy on file
RISK-OC-002Conflicting
$1.3M extra retention at 5% vs 2% on $42.6M TIV
Permanent lender · ACORD 28 · ACORD 28 on file
RISK-OC-011Conflicting
$15,000 extra AOP retention per claim ($25K vs $10K requested)
Investor / syndicator · ACORD 28 · ACORD 28 on file

How the portfolio is split

Units and TIV by conversion status.

In conversion1 sites · 180 units · $42.6M

Occupancy

Residential units by use.

Family1 development · 180 units

TIV by program

Every program on the portfolio.

Live conversion$42.6M

Locations

In conversion · 1

Oakridge Court

Live conversion

Oakridge Court

9% LIHTC conversion

$42.6M TIV · conversion 12/11

Open Conversion Hub

Authority

Executive director: Anita Cole
Employees / fleet: 47 · 42 vehicles
Master renewal: Jan 25, 2027 · 88 days out
County: Lauderdale County, MS

Losses

Claims by conversion status, plus the premium history that followed the exposure.

In conversion

$226,600

Incurred

$226,600

2021 premium

$1,018,000

2026 premium history

How calculated

2026 premium history $1,903,950 = $294,000 in force + $0 indicated NFIP. This is not a second in-force total.

$1,903,950

$294,000 in force

Oakridge Court conversion file on this owner-controlled book.

Risk Watchlist

Items the book already records — not a recommendation, and not a determination.

RISK-OC-001CriticalOn the book

Oakridge Court closing in 43 days

Closing in 43 days · 3 items overdue · 6 due within 14 days · 1 critical dependency.

Conversion Hub target

RISK-OC-002CriticalConflicting

Named storm 5% vs 2% on Oakridge Court

$1.3M extra retention if a named storm hits $42.6M TIV at 5% instead of 2%. Source: Permanent lender · Permanent lender guide §4.3.

Permanent lender · Permanent lender guide §4.3

RISK-OC-004CriticalNeeds confirmation

Oakridge Court — Flood structure unresolved

One flood-structure issue: determination, indicated NFIP, whether excess flood is structured, and closing evidence.

Conversion Hub flood exhibit

4 recorded facts

SFHA pending — Oakridge Court — flood is not structured on the book until the zone is known.
NFIP indicated — not confirmed in force — Oakridge Court — indicated, not confirmed in force. Premium not recorded. No excess.
Excess flood not structured — No excess flood structure is on the book.
Conversion impact — SFHA determination pending. Order determination, NFIP evidence and excess flood option

RISK-OC-003HighOn the book

Permanent property (quoted) is indicated, not in force

$312,000 is on the quote line. It is not in the in-force composite.

Coverage schedule

RISK-CB-005MediumOn the book

2 open claims

$67,000 incurred still open on this book.

Loss run

RISK-CB-006MediumOn the book

Master renewal Jan 25, 2027 · file completeness 77%

10 of 13 required renewal tasks/exhibits are on the book.

Renewal Command Center checklist

RISK-CB-010HighOn the book

Large CAT / named-storm deductible on the program

Oakridge Court Conversion Program: named storm 5% current / 2% requested; wind 2% quoted

Program schedule

Dollar consequences

Stakes the schedule and exhibits already support. Source is shown when a document is on the desk.

RISK-OC-012Needs confirmation

Soft-cost / delay exposure not confirmed against $42.6M hard-cost TIV

Construction lender · Builder's risk policy · Builder's risk policy on file

RISK-OC-002Conflicting

$1.3M extra retention at 5% vs 2% on $42.6M TIV

Permanent lender · ACORD 28 · ACORD 28 on file

RISK-OC-011Conflicting

$15,000 extra AOP retention per claim ($25K vs $10K requested)

Investor / syndicator · ACORD 28 · ACORD 28 on file

Losses

Claims by conversion status, plus the premium history that followed the exposure.

In conversion

$226,600

Incurred

$226,600

2021 premium

$1,018,000

2026 premium history

How calculated

2026 premium history $1,903,950 = $294,000 in force + $0 indicated NFIP. This is not a second in-force total.

$1,903,950

$294,000 in force