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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 3 <br />ESTIMATED FINANCIAL GAP <br />6 FOR-SALE LOW INCOME UNITS <br />HABITAT FOR HUMANITY - WASHINGTON AVE <br />SANTA ANA, CALIFORNIA <br />I.Total Development Costs See TABLE 1 $4,290,000 <br />II.(Less) Estimated Available Revenue See TABLE 2 ($2,054,000) <br />III.Estimated Financial Gap 6 Units $372,670 /Unit $2,236,000 <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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