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<br />ATTACHMENT 1
<br />FIRST TIME HOMEBUYER PROGRAM
<br />Equity Participation Floor and Ceiling
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<br />Purchase Price Subsidy Subsidy as % of! Equity floor ¡ Equity ceiling
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<br />150,000: 60,000' 401 26.80; 60.00
<br />160,0001 64,000 40! 26.801 60.00
<br />170,000 I 68,000 40! 26.80 60.00
<br />180,000 72,0001 401 26.801 60.00
<br />190,000 76,000 401 26.80 60.00
<br />200,000 80,000 40! 26.80 60.00
<br />210,000 84,000 I 401 26.801 60.00
<br />220,000 88,000 40' 26.801 60.00
<br />230,000 92,000 40 26.801 60.00
<br />240,000 96,000 401 26.801 60.00
<br />250,000 100,0001 401 26.801 60.00
<br />260,000 100,000 38 25.771 57.69
<br />270,000 100,000 371 24.81 55.56
<br />280,000 100,0001 36 23.931 53.57
<br />290,000 100,000 34 23.101 51.72
<br />300,000! 100,000 I 33 22.33 50.00
<br />310,000 100,000 32 21.61 48.39
<br />320,000 100,0001 31 20.941 46.88
<br />330,000 100,0001 301 20.301 45.45
<br />340,000 . 1 00,000 ! 29 19.71 44.12
<br />350,0001 100,000 ¡ 291 19.14 42.86
<br />360,000 100,000 281 18.611 41.67
<br />370,000 100,000 27 18.11 40.54
<br />380,000! 100,000 26 17.631 39.47
<br />390,000 I 100,000 26 17.18 38.46
<br />400,000 100,000 25 16.75 37.50
<br />410,000 100,000 24 16.34 36.59
<br />420,000 100,0001 24 15.95 35.71
<br />430,000 100,000 23 15.581 34.88
<br />440,000! 100,000! 23 15.23 34.09
<br />450,000 100,000 22 14.89 33.33
<br />460,0001 100,000 22 14.57 32.61
<br />470,000 100,000 21 14.26 31.91
<br />480,000 100,0001 21 13.96 31.25
<br />490,000 100,000 20 13.67 30.61
<br />500,000 100,OOO! 20 13.401 30.00
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