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21 <br /> Construction <br /> SECTION III: PROJECT BUDGET AND FUNDING <br /> IILA. Project Budget. <br /> ❑ Attach a detailed project budget showing all sources and uses of funds. Attach funding <br /> commitment letters where available or copies of funding applications you have submitted. <br /> IILB. Terms of Project Funding. Specify the requested terms of your funding request: <br /> CDBG: ❑ Grant ❑Loan <br /> HOME: ❑Grant ❑Loan <br /> Provide any details about the nature of your funding request: <br /> IILC. Pro-Forma(rental property only) <br /> ❑ If you are developing property for rent,attach a 20-year pro-forma showing estimated income, <br /> expenses,net operating income,debt service,and cash flow. <br /> 7 <br />