|
Financing of Project:
|
| • |
Financing for acquisition and construction was provided by Wells Fargo Bank, the Low
Income Investment Fund, Century Housing, and the Housing Partnership Fund.
|
|
| • |
Permanent Financing:
|
| |
HCD-MHP Loan
|
$3,996,135
|
| |
LIHTC Equity
|
$2,478,697
|
| |
CalHFA NOI Loan
|
$775,000
|
| |
CalHFA IRP Loan
|
$503,115
|
| |
Deferred Developer Fee
|
$368,679
|
| |
HUD 236
|
$187,368
|
|
|
Total
|
$8,308,994
|
|
