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6 <br /> 1 Slide #1 <br /> HOME Consortium Propom <br /> CASA 1771225 $500,000 $314,047 62.8% <br /> Cedar Village <br /> ©CPEH 146/195 $267,948 $197,442 73.7% <br /> Rapid Rehousing <br /> Habitat 132/225 $395,850 $- 0.0% <br /> Second Mortgages <br /> EmPQWERment 128.5/225 $200,000 $- 0.0%% <br /> Rental Acquisition <br /> , � . <br /> Amounts subject to change according to HUD's final allocation notice. <br /> 2 Funding proportions will be maintained. <br /> 3 <br /> 4 Slide #2 <br /> HOME <br /> Award Project Summary <br /> CASA CCPEH <br /> Funding Request $506,000 $267,948 <br /> ,2111 <br /> Project Description Gap financingforCedarVillage,a72-unit apartment community Fundingto administer tenant-based rental assistance to 15 <br /> scattered units <br /> 3086 AMI or less:28 Household <br /> a <br /> I1lcomeTargeting 80%.50%AMI: 25Households 30r%AK or Lem:15 Households <br /> 50%-80%A1v1I: 18 Households <br /> Households at or below 3D%,G0*,and 60%AMI,with units set Individuals cumeni experiencing homelessness in Orange County, <br /> Population Targeting aside for veteran referrals and referrals for households fleeing with priority given to hausehalds with zero income and with heads <br /> domestic violence. of househe Id who have multiple than Ming cc ndRhans. <br /> Project Location Behind old Daniel Boone Square in Hillsborough Scattered 5i6as in Orange County and surrounding Areas <br /> Leveraging -HOME <br /> Total nonproject funding Is$16,3 million Total non-HOME project funding is$564,767 <br /> Leverage ratio of-32:1 Leverage ratio of-2:1 <br /> Cost Effectiveness Budgeted costs appear reasonable,appropriate,snd consistent Budgeted coats aposer reasonable,appropriate,and coni stent <br /> with activilies with activities <br /> Applicant Capacity Return applicantvath on-track projects This is a new applicantwitha regional support network <br /> 5 <br /> 6 <br /> 7 <br />