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Home Changes Everything <br />54 Unit Apartment Home Development <br />DRAFT SOURCES <br />MN Housing First Mortgage <br />Low Income Housing Tax Credit <br />MHFA Deferred Loan Request <br />Met Council TOD Grant Request <br />Anoka County HOME Funds <br />Aeon - Owner Equity <br />Total Permanent Financing <br />Total <br />30 4.75% $ 3,567,000 <br />$ 7,806,000 <br />$ 400,000 <br />$ 300,000 <br />$ 200,000 <br />$ 180,000 <br />$ 12,453,000 <br />Status <br />Applying in June <br />Applying in June <br />Applying in June <br />Applying in June <br />Applying in June <br />Committed <br />DRAFT USES <br />Acquisition <br />Purchase Price/Holding Costs <br />Construction Cost <br />Construction Costs: Residential <br />Professional Fees (Construction Related) <br />Construction Interim Cost <br />Permanent Financing <br />Soft Costs and Fees <br />Reserves <br />Architect <br />Total <br />Total <br />Total <br />Total <br />Total <br />$310,000 <br />$8,952,000 <br />$275,000 <br />$415,000 <br />$84,000 <br />$2,006,000 <br />$411,000 <br />TOTAL DEVELOPMENT COSTS $12,453,000 <br />