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DocuSign Envelope ID:658056BB-F456-432C-AF1 E-905B0A4F4326 <br /> Exhibit B <br /> PROPOSED BUDGET <br /> Proposed Uses of Funds <br /> Down Payment Assistance <br /> 2015-15 (4 second mortgages) $ 100,455 <br /> 2016-17 (12 second mortgages) $ 285,000 <br /> Total Uses of Funds $ 385,455 <br /> Sources of Funds <br /> Orange County HOME funds $ 100,455 <br /> Orange County HOME funds $ 285,000 <br /> Total Sources of Funds $ 385,455 <br /> Habitat may not request disbursement of funds under this Agreement until the funds are needed <br /> for payment of eligible costs. The amount of each request must be limited to eligible costs as <br /> determined by the County's Housing, Human Rights and Community Development Department <br /> ("HHRCD"). <br /> Funds may be shifted between line items of the Project without prior approval of the County only <br /> to the extent of"Minor Adjustments," defined as actions which do not result in a change in the <br /> Project and so long as such Minor Adjustments do not exceed ten percent (10%) of the line item <br /> total from which the funds are being removed or to which the funds are being added, there is no <br /> increase to the Total Renovation Cost specified in the above budget, and there are only minor <br /> changes to the Plans and Specifications. <br /> 13 <br />