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16 <br />Section 4 :PROJECT BUDGET AND PRO -FORMA <br />Please note that this section must be completed in order to ensure review. <br />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 />B. Terms of Project Funding <br />Please specify the type of funding request for which you are applying: <br />CDBG: ❑ Grant ❑ Loan <br />HOME: ❑ Grant ❑ Loan <br />If applicable, please provide details about the nature of your funding request: <br />C. Pro -forma (for rental property only) <br />❑ If you are developing a property for rent, please attach a 20 -year pro -forma showing <br />estimated income, expenses, net operating income, debt service, and cash flow. <br />Page 7 of 9 <br />