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2013 _ apo 2w
<br /> WU31
<br /> All" nu loos ca NOW Dec . . J484Urrh Apffloluse 1111116SM aftaee , JanAbuch AgdWune Jullii4ept Oabpec
<br /> TOt4U
<br /> HOME DEVELOPMENT ACTIVITIES
<br /> 0
<br /> Acquisition agreements (housing units 13 1 1 1 1 1 1 19
<br /> Acquisition cosi (housing units 12 1 11 1 1 1 1 19
<br /> Construction specsifestscompleted (units) 13 1 1 1 1 1 1 19
<br /> Rehabs new construction completed units 31 2 1 2 2 1 1 2 1 1 1 1 11
<br /> 19
<br /> Housing units sold 3 2 11 2 21 11 31 1 1 11 1 11 19
<br /> INCOME TARGETING AND SETASIDE EXPENDITURES
<br /> Projected tl of homes sold to households x50% AMI0 .J
<br /> actual R vary) 1 1 1 1 1 1 1 7
<br /> Projected a of homes sold to households at <120% AMI Cr
<br /> actual p vary) 2 1 1 1 1 1 2 1 1 1 12
<br /> PROJECTED AVERAGE SF UNIT COSTS NSP Fulled Other Wrrdi Total NOTES
<br /> Purchase price of Property acquired $0 $63,500 No fees or soft costs may be charged except those below
<br /> Acgunation dewdlaperfee $0 $3,175 Fee must cover costs of research and other acquisition costs not described in other line items
<br /> Acquisition: prorations, IWI, title and recording costs $o $2,000 O
<br /> Rehabilitation construction $0 $22AS01 Includes site security costs 3
<br /> Rehabilconstruedw developerfee
<br /> a,. $o $11000
<br /> Real estate taxes during holding rind $0 $1,500 'w
<br /> Property and liability insurance during holding period '�$ $o $10500
<br /> I It
<br /> 2nd closing - prorations, legal, title and records costs $o $2,000 Down payment assistance to buyers not included - will be "paper transfers" on the
<br />settlement sheets y
<br /> Commission for sale of home to homebuyer $0 $o
<br /> Finaldeveb rsak _ T$ $0 $3,175
<br /> Total Costs . . .51000000 $0 01
<br /> P'h
<br /> 2023 2004 . r_
<br /> Siq�-?012"-`F . . . r . .
<br /> PROJECTED DEVELOPER NSP FUNDS EXPENDED LUV4013 - '. Juse '. July. . Aug SOPLA 04, Nm pec -Anaaarch Aprilkilusse` ... Ju~
<br /> .Odom TOTALS AWN
<br /> Acquisition costs $8240100 $680675 $0 So $68,676 $0 $68,676 $o $0 $0 $68,675 675 $688675 $680675 SO $0
<br /> $1,304.825
<br /> Constuctlon rind costs at end of riot $76,450 $0 $52 $26,150 $52 00 $52300 $26150 $26,150 $52,300 $26,150 $26,150 $26,150
<br /> $26,150 $26,150 $0 $o $496,850
<br /> Marketing, sales and closingperiod costs $35 25 $0 $0 $10,350 $5175 $101
<br /> 350 $100350 $5175 $15,525 SD $50175 $5175 $50175 $51175 $50175 $0 $9$325
<br /> TOTAL PROJECTED NSP EXIIENDRURES $918,075 $68675 $52,300 $36,500 $126150 $62,650 $105,175 $31,325 $67,825 $26150 $100000 $1000000
<br /> $1006000 $100000 $5175 $o $1,900000
<br /> CUMULATIVE PROJECTED NSP EXPENDITURES $918,075 $986750 $ 039,050 $1,075,550 $ 201700 $10264 SO $1 69 25
<br />$1,400 $1,468675 $1�494A25 $1,5 $ 694,825 $1794825 $1,894 25 $1,9000a $ a
<br /> ESTIMATED PORTION SPENT ON 2S% SETASIDE• .. - - 5 0
<br /> ;. _ . ... ; - ,, $7 000
<br /> A sirdent number of homes will be acquired, rehabilitated, and sold to meet the required 2596setaside NSP3 expenditure requirement
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