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Item 21 - Pre-Commitment of Affordable Housing Funds for Habitat for Humanity of OC
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Item 21 - Pre-Commitment of Affordable Housing Funds for Habitat for Humanity of OC
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8/14/2023 8:56:51 AM
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8/14/2023 8:56:41 AM
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Item #
21
Date
11/15/2022
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TABLE 2 <br />ESTIMATED AVAILABLE REVENUE <br />6 FOR-SALE LOW INCOME UNITS <br />HABITAT FOR HUMANITY - WASHINGTON AVE <br />SANTA ANA, CALIFORNIA <br />I.Projected Sales Revenue 1 <br />Low Income Three-Bedroom Unit 6 Units $175,500 /Unit $1,053,000 <br />II.Habitat Financial Assistance 2 6 Units $166,833 /Unit $1,001,000 <br />III.Estimated Available Revenue 6 Units $342,330 /Unit $2,054,000 <br />1 See TABLE 5 for the KMA affordable sales price calculations. <br />2 Per Habitat. <br />Prepared by: Keyser Marston Associates, Inc. <br />File name: Habitat Washington Avenue_10 27 22.xlsx; Pf <br />EXHIBIT 3
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