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Res09 14951
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Res09 14951
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Last modified
4/13/2011 5:09:45 PM
Creation date
7/16/2009 2:00:54 PM
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
7/13/2009
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HOUSING FIRST BUDGET <br />1306 MAIN STREET ACQUISITION <br />New <br />Carry Over Entitlement RDA Bradford <br />Funds Funds Buyback <br />Sources of Funds Available for Acquisition of Housing First Affordable Housing Project <br />ATTACHMENT- J <br />San Mateo <br />County Total Available <br />Housing RDA Gap by Fund <br />Funding Financing Source <br />HOME $ 612,813.74 339,291.75 349,113.25 <br />$ 1,301,218.74 <br />CDBG $ 247,799.37 149,430.00 177,865.50 <br />$ 575,094.87 <br />Program Income $ 36,346.99 <br />$ 36,346.99 <br />SM County Funding $ 325,000.00 <br />$ 325,000.00 <br />SubTotai <br />$ 2,237,660.60 <br />Funding Gap <br />$172,339.40 <br />FMR Value <br />Acquisition Price <br />$2,410,000.00 <br />RDA Housing Funds Recommended 172,339.40 172,339.40 <br />Total Acquisition $ 896,960.10 $ 488,721.75 $ 526,978.75 $ 325,000.00 $ 172,339.40 $ 2,410,000.00 <br />n <br />#k W <br />CO N <br />O O <br />W O <br />CO <br />
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