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Construction 2 <br />SECTION III: PROJECT BUDGET AND FUNDING <br />III.A. 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 />6 <br />