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Proposal <br />__ 0 <br />Requesting $look in federal HOME funds from the City <br />Loan and Affordability terms: 55 years; 3% interest; residual receipts <br />Other leveraged funds include: $361k Livermore NSP1 Consortium <br />Serves very low income developmentally disabled renters at <br />affordable rents <br />Rehab work includes modifying the home for the accessibility <br />needs of renter (e.g. roll -in shower, widened doorways, <br />wheelchair ramp at entry way, lowered kitchen countertop) <br />Ownership and management will be transferred to nonprofit <br />Housing Consortium of the East Bay (HCEB) <br />