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5 <br /> Habitat for Humanity, Orange County, NC, Inc. <br /> Sources and Uses of Funds for Cheeks TownshipDevelopment <br /> Five Units of Single Family, Owner Occupied Housing <br /> Uses of Funds <br /> Site Acquisition <br /> Land Acquisition 21,500 <br /> Survey 1,500 <br /> Legal 500 <br /> Subtotal, acquistion costs 23,500 (already paid, Habitat Land Fund) <br /> Subdivision Development <br /> Surveying, Engineering Donated <br /> Septic Site Approvals 600 <br /> Orange County Fees 450 <br /> Subtotal, Subdivision Dev. Costs 1050 (already paid, Habitat general operating <br /> funds) <br /> Road Improvements <br /> Clearing, Grading, Storm Drain. 14,000 (contract price from grading contractor) <br /> Erosion Control 300 <br /> Seeding 650 <br /> 10% Contingency 1,500 <br /> Subtotal, Road Improvements 16,450 <br /> House Construction <br /> 4 homes, 3 BR 188,000 <br /> 1 home, 4 BR 52,000 <br /> Subtotal House Construction 240,000 <br /> Total Uses of Funds 281,000 <br /> Sources of Funds <br /> Habitat for Humanity Land Fund 23,500 <br /> Habitat for Humanity First Mortg. 202,500 <br /> FHLB AHP Second Mortgage 37,500 <br /> Orange County Funds 13,000 <br /> Habitat for Humanity General <br /> Operating Funds 4,500 <br /> Total Sources of Funds 281,000 <br />