Orange County NC Website
<br />Source: <br />Amount <br />Total <br />Rate ~Yea~) Amort. <br />Period <br />(years) Annual <br />Debt <br />Service <br />BANK S1,700,000 19.0% 6.25% 30 30 $125,606 <br />Oran a Count Bond $1,000,000 11.2% 0.00% 30 30 $0 <br />RPP LOAN $500 000 5.6°k 2.00% 20 20 $4,540 <br />State Refund Credit Loan $747,737 8.4°k 0.00% 34 30 $0 <br />Equity: Federal EIousing Tax Credits $4,927,240 55.0°~ Estimated pricing on sale <br />of tax credits: $0.830 <br />Deferred Developer Fee $77 <br />333 <br /> , 0.9% <br />TOTAL SOURCES $8,952,310 100.p°~ $130,146 <br />