Laserfiche WebLink
<br /> <br />Project I-B7 <br /> <br /> <br />SOURCES OF FUNDS <br />First Mortgage $ 1,949.589 <br />Tax Credit Equity 5.115.353 <br />Tax Increment Financing 436.700 <br />Greater Minnesota Housing Funds (MHF A) <br />HOME Funds (Anoka County) 300.000 <br />Housing Incentive Funds (Anoka County) N/A <br />Deferred Developer Fee 162.419 <br />(Surplus) I Gap <br />Total Sources of Funds S 7,964,061 <br />USES OF FUNDS <br />Acquisitions Costs $ 420.000 <br />Demolition I Site Preparation <br />Relocation Specialist <br />Construction Costs I Improvements 5.173,278 <br />Cash Accounts (Tax & Insurance Escrows. Marketing c 60,250 <br />Municipal Costs <br />Sewer and Water Access Charge 61.500 <br />Park Dedication Fee 24.600 <br />Building Inspection Fees 13.735 <br />Public Improvements 200.000 <br />Professional Services 747.477 <br />Soft Cost Contingency 35.000 <br />Closing Costs 16.357 <br />Cost of Financing 208.767 <br />Developer Fee 1.003.096 <br />Total Uses of Funds S 7,964,061 <br /> <br />Financing Gap <br /> <br />$ <br />