Orange County NC Website
2~ <br />ORANGE COMMUNITY HOUSING CORPORATION <br />Meadowmont Affordable Townhomes <br /> Sources and Uses <br />February-00 <br /> Total Per Unit <br />Sources of Funds <br />Committed HOME 20,000 625 <br />HOME 160,000 5,000 <br />CDBG 160,000 5,000 <br />County bond 450,000 14,063 <br />NCHFA 110,000 3,438 <br />Total Subsidy g00,00Q ~ 12S <br />Bank Financing 2,789,457 87,171 <br />TOTAL SOURCES 3,689,457 115,296 <br />Uses of Funds <br />Land Costs 0 0 <br />Infrastructure 275,000 5,594 <br />Common Area 42,000 1,313 <br />Soft Costs 186,000 5,813 <br />Construction Costs 2,627,064 $2,096 <br />Interest 103,393 3,231 <br />Fees and Permits 192,000 6,000 <br />Development fee 64,000 2,000 <br />Contingency 200,000 6,250 <br />TOTAL USES 3,689,457 115,296 <br />Meadowmont Sources and Uses <br />