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07/13/23
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07/13/23
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11/6/2023 3:07:29 PM
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7/7/2023 1:07:00 PM
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SOURCES <br />AmountPct.Per Unit <br />First Mortgage40,297,09258.8% 223,873 <br />TIF Mortgage (Note)3,631,0005.3% 20,172 <br />Equity20,705,61130.2% 115,031 <br />Fundraising3,905,0005.7% 21,694 <br />TOTAL SOURCES68,538,703100% 380,771 <br />USES <br />AmountPct.Per Unit <br />Acquisition Costs2,070,0003.0% 11,500 <br />Construction Costs51,214,56774.7% 284,525 <br />Professional Services9,236,52013.5% 51,314 <br />Financing Costs2,424,6723.5% 13,470 <br />Developer Fee2,332,2273.4% 12,957 <br />Cash Accounts/Escrows/Reserves1,260,7171.8% 7,004 <br />TOTAL USES68,538,703100% 380,771 <br />
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