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• NCHFA HOME IMPROVEMENT LOAN PROGRAM <br /> COMMITMENT FORM <br /> FUNDING LEVELS <br /> Funding Level A <br /> Cities with population of 100.001 and above will be eligible for an allocation <br /> amount of $100,000 broken down as follows: <br /> Interest Number Avg. Amount of <br /> Rate of loans Rehab Cost = Funds Available <br /> 7.71, 6 x 10.000 = $ 60.000 <br /> 3.0% 4 x 10,000 = 40.000 <br /> Total Funding Level $100,000 <br /> Funding Level B <br /> Cities with population of 25.001 to 100,000 will be eligible for an allocation <br /> amount of $70.000 broken down as follows: <br /> Interest Number Avg. Rehab Amount of <br /> Rate of loans x Cost = Funds Available <br /> 7.7% 4 x 10,000 = $ 40.000 <br /> 3.0% 3 x 10,000 = $ 30,000 <br /> Total Funding Level $ 70,000 <br /> Funding Level C <br /> Cities with population less than 25.000, counties and non profit organizations <br /> will be eligible for an allocation amount of $50,000 broken down as follows: <br /> Interest Number Avg. Rehab Amount of <br /> Rate of loans x Cost = Funds Available <br /> 7.71. 3 x 10,000 = $ 30,000 <br /> 3.0% 2 x 10,000 = $ 20.000 <br /> Total Funding Level $ 50.000 <br /> • <br />