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DocuSign Envelope ID: 65EC9D62 -7FB9- 4747- A005- FC28FEF750E3 <br />EXHIBIT C <br />Project Budget <br />Rehabilitation of Property $ 46,529.40 <br />Total $46,529.40 <br />Source of Funds <br />Orange County FY 2016 HOME CHDO Funds $46,529.40 <br />Total <br />$46,529.40 <br />Owner 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 and Community Development Department ( "OCHCD "). <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 />