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6 <br /> Slide #1 <br /> HOME Consortium Proposal <br /> Applicant <br /> CASA 177/225 $500,000 $314,047 62.80 <br /> Cedar Village <br /> OCPEH 140/195 $267,948 $197,442 73.7% <br /> Rapid Rehousing <br /> Habitat 132/225 $395,850 $- 0.0% <br /> Second Mortgages <br /> EmPOWERment 128.5/225 $200,000 $- 0.0% <br /> Rental Acquisition <br /> Amounts subject to change according to HUD's final allocation notice. <br /> Funding proportions will be maintained. <br /> Slide #2 <br /> HOME Award Project <br /> CASA OCPEH <br /> Funding Request $500,000 $267,948 <br /> Project Description Gap tinancingfor Cedar Village,a 72-unit apartment community Fundingto administer tenant-based rental assistance to 15 <br /> scattered units <br /> 30%AMI or less:28 Households <br /> Income Targeting 30XV,50%AMI: 25Hvuseholds 30%AMI or Less:15 Households <br /> 504E-aO%AMI: 19 Households <br /> Households at or belcw 30%,50fi,and 60%AMI,with units set Individuals currentty experiencing homelessness in Orange County, <br /> Population Targeting aside for veteran referrals and referrals for households fleeing with priority given to households withzem incc me and with heads <br /> domestic violence. of household who have muRiple disabling conditions. <br /> Project Location Behindold Daniet Boone Square in Hillsborough Scattered sites in Orange County and surrounding Areas <br /> Total non-HOME project funding Is$16.3 million Total non-HOME project funding Is$S",767 <br /> Leveraging <br /> Leverage ratio of_32:7 Levy rage raft o of-2:7 <br /> Cost effectiveness Budgeted costsappear reasonable,appropriate,and consistent Budgeted costs appear reasonable,appropriate,and consistent <br /> with activities with activities <br /> Appti cant Capac ity Return applicant with oo-track projects This is s new applicant with a mgJunal support network <br />