Laserfiche WebLink
<br />6.2A <br />Page 19 <br /> <br />Table 3. <br />Sources and Uses <br />Cedar Street Supportive Housing <br />City of Redwood City <br /> <br />I. Sources of Funds <br /> Per Unit I Total! I % Totall <br /> 15 <br /> HUD Section 811 $119,520 $1,792,800 34% <br /> San Mateo County $36,667 $550,000 11% <br /> City of Redwood City (Acquisition) $49,900 $748,494 14% <br /> Redevelopment Agency (offsites/fees) $16,667 $250,000 5% <br /> MHSA $93,333 $1,400,000. 27% <br /> Seller Cash Back for Toxies Mitigation $16,667 $250,000 5% <br /> MHA Private Donations $16,130 $241,948 5% <br /> Total $348,883 $5,233,242 100% <br />II. Uses of Funds <br /> Land & Toxics Mitigation $85,336 $1,280,037 24% <br /> Directs (offsites, sitework, buildings) $211,760 $3,176,394 61% <br /> lndirects $51,787 $776,811 15% <br /> Financing $0 $0 0% <br /> Total $348,883 $5,233,242 100% <br /> <br />Breakdown of City Assistance <br />$748,494 CDBG & HOME for acquisition <br />$90,798 HSA for City fees <br />$159,202 HSA for off sites <br />$998,494 <br /> <br />Source: Developer's pro forma modified for $250,000 Agency contribution for offsites and City fees. <br /> <br />Prepared by Keyser Marston Associates. Inc. <br />\\sf-15 1\Employee\rkawahara\DK\Redwood City Cedar Street\Pro forma 11.20.08.xls; S&U; 11/21/2008 <br />