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AsgUmptions: <br /> <br />ANOKACOUNTY <br /> <br />HOUSING REHABILITATION <br /> <br />HRA Tax Levy of municipalities participating w/II totaI 250,000 to <br />500,000 <br /> <br />Average rehabilitation project is 10,000 <br /> <br />Levy can be leveraged 2-3 to I with grant funds <br /> <br />Levy can be leveraged 4 to 1 with loan funds <br /> <br />~ Tax. Le. vy <br /> <br /> $250,000 <br /> ssoo,ooo <br /> <br /> : <br />~ Tax Levv <br /> <br />$250,000 <br />$500,000 <br /> <br />;Leverage w/th Grant Funds <br /> <br /> $250,000-$500,000 <br /> $500,000-$1,000,000 <br /> <br /> .T~tal <br /> <br /> $500,000-$750,000 <br />$1,000,000-$1,500,000 <br /> <br />N.O.. ,of Rehabs <br /> <br /> 50-75 <br /> 100-150 <br /> <br />Leverage xvJtb Loan Funds Total No. of Rehabs <br /> <br /> $1,000,000 $1,250,000 125 <br /> $2,000,000 $2,500,000 250 <br /> <br />*G~ant and Loan Funds (M/IFA, Federal Home Loan Bank, Metropolitan Council, Private <br /> ~ . Financial Institutions) <br /> <br />*L6an Funds may create an "on-going:' Revolving Loan Fund <br /> <br />I <br />I <br />I <br />I <br />I <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br /> <br />