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10A Action 2007 0730
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10A Action 2007 0730
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Last modified
8/1/2007 11:39:01 AM
Creation date
7/25/2007 1:54:17 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
7/30/2007
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_CC Agenda 2007 0730
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2007\Packet 2007 0730
RDA Reso 2007-010
(Reference)
Path:
\City Clerk\City Council\Resolutions\2007
Reso 2007-108
(Reference)
Path:
\City Clerk\City Council\Resolutions\2007
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<br />Attachment A: Sources and Uses <br /> <br />Sources and Uses Summary <br />for Eden Affordable Senior Rental Housing Project (2103-2121 E. 14th St) <br /> <br />FUNDING (SOURCES) <br /> <br />Low Income Housing Tax Credits <br />HUD Sec. 202 Capital Advance <br />City of San Leandro <br />Federal Home Loan Bank - AHP <br />Alameda County Green Building Grant <br />Miscellanous <br /> <br />Total Sources <br /> <br />$6,858,035 <br />$6,691,833 <br />$4,000,000 <br />$255,000 <br />$35,000 <br />$774,696 <br /> <br />DEVELOPMENT BUDGET (USES) <br /> <br />$18,614,564 <br /> <br />Land & Improvements <br />site acquisition <br />demolition <br />environmental remediation <br />site maintenance <br /> <br />subtotal <br /> <br />Construction <br />consultants (architects, engineers) <br />direct construction costs <br />indirect construction costs <br /> <br />subtotal <br /> <br />Finance & Carrying Costs <br /> <br />Tax Credits/Syndication Costs <br /> <br />Total Uses <br /> <br />$2,022,000 <br />$50,000 <br />$65,000 <br />$5,000 <br />$2,142,000 <br /> <br />$1,023,000 <br />$11,085,900 <br />$2,801,371 <br />$14,910,271 <br /> <br />$1,442,751 <br /> <br />$119,542 <br /> <br />$18,614,564 <br />
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