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WASHINGTON SANTA ANA HOUSING PARTNERS, L.P
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WASHINGTON SANTA ANA HOUSING PARTNERS, L.P
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Last modified
8/4/2022 5:36:18 PM
Creation date
8/4/2022 5:34:36 PM
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Company Name
WASHINGTON SANTA ANA HOUSING PARTNERS, L.P
Contract #
A-2022-133
Agency
Community Development
Council Approval Date
6/21/2022
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The Crossroads at Washington -Updated Closing Proforma (07) <br />Project Based Voucher Calculation (Actual) Used SAHA 2021 Payment Standards (Effective 1011121) <br />SEPARATED <br />OCHA <br />Income <br />Catergory <br />PBS8 Units <br />2021 <br />Payment TCAC Gross <br />Standard Rents <br />Per Unit <br />Overhang <br />Monthly <br />Overhang <br />Annual <br />Overhang <br />Studio <br />30% TC <br />16 <br />1,682 711 <br />971 <br />15,536 <br />186,432 <br />1 Bedroom <br />30% TC <br />26 <br />1,867 762 <br />1,105. <br />28,730 <br />344,760 <br />2 Bedrooms <br />30% TC <br />1 <br />2,278 915 <br />1,363 <br />1,363 <br />16,356 <br />Total <br />43 <br />Gross Overhang <br />45,629 <br />547,548 <br />Less Vacancy <br />10.00% <br />(4,563) <br />(64,765) <br />Less Monitoring Fee <br />(197) <br />(2,365) <br />Less Management Fee <br />- <br />Net Overhang <br />40,869 <br />490,428 <br />DCR <br />1.15 <br />Interest Rate <br />6.10% <br />Term (months) <br />480 <br />Maximum Loan Amount <br />6,378,005 <br />Actual Loan Amount (Rounded Down) <br />6,378,000 <br />Annual Payment <br />426,459 <br />SAHA <br />Income <br />Catergory <br />2021 <br />Payment TCAC Gross <br />PBS8 Units Standard Rents <br />Per Unit <br />Overhang <br />Monthly <br />Overhang <br />Annual <br />Overhang <br />3 Bedrooms <br />30% TC <br />10 3,114 1,057 <br />2,057 <br />20,570 <br />246,840 <br />4 Bedrooms <br />30% TC <br />5 3,601 1,179 <br />2,422 <br />12,110 <br />145,320 <br />Total <br />15 <br />32,680 <br />392,160 <br />Less Vacancy <br />5.00% <br />(1,634) <br />(19,608) <br />Net Overhang <br />31,046 <br />372,552 <br />DCR <br />1A5 <br />Interest Rate <br />6.10% <br />Term (months) <br />480 <br />Maximum Loan Amount <br />4,845,028 <br />Actual Loan Amount (Rounded Down) <br />4,845,000 <br />
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