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5 <br /> ATTACHMENT 1 <br /> AFFORDABLE HOUSING BOND PROJECTS FUNDED TO DATE <br /> Z <br /> O F <br /> O 5 s s z v~i u ~ <br /> a a W LL a <br /> !n Z Z W O 0 N <br /> F_U O ¢ V' a u <br /> W W Q Z W W Z a m W <br /> w O O <br /> O 1' <br /> a a c7 O u Z AREA MEDIAN INCOME TARGETS a <br /> <30% 30%-50% 31%-50% <50% 51%-60% 61%-80% <br /> Habitat for Humanity Crescent Magnolia Hillsborough $925,000 64% $38,542 $2,568,500 24-Townhouse 12 8 4 Under construction <br /> CASA Merritt Mill West Carrboro $746,500 66% $46,656 $2,213,450 16-Apartment 12 4 Pending* <br /> CASA Merritt Mill East Chapel Hill $646,200 65% $53,850 $1,808,025 12-Apartment 8 4 Pending* <br /> EmPOWERment 116 Cole Street Chapel Hill $211,300 0% $211,300 $211,300 1-Single-Family 1 Closed December 2018 <br /> Acquisition Completed <br /> EmPOWERment 606 Bynum Street Chapel Hill $264,400 0% $132,200 $264,400 2-Single-Family 2 Closed April 2018 <br /> Acquisition Completed <br /> * No funds released for these projects. Applications for funding pursuant to the NCHFA Tax Credit Program were not approved in 2018. <br /> CASA is resubmitting its Merritt Mill Apartments Project application to NCHFA. The final portion of their application,as per NCHFA's <br /> requirements,will be submitted in May 2019. <br />