Page 18 - New Allen Alliance Digital Book
P. 18

Project Costs Breakdowns



               STELLAR FUNDING SUMMARY                         LOCAL LEVERAGE SUMMARY                          OTHER SOURCES
               OCRA - CDBG                     $4,500,000      STELLAR                                         STELLAR
               IHCDA-CDBG-OOR                   $250,000       Town of Grabill                  $100,000       Brightpoint Weatherization       $122,992
               INDOT                           $1,081,694      Town of Leo-Cedarville           $359,960       Neighborhood Impact Program – FHLBI  $90,000
               ISDH                              $34,491       Town of Monroeville              $494,086       St. Joseph Community Health –    $11,250
               Total                           $5,866,185      City of New Haven                $600,221       Parkview Health
               IHCDA Tax Credits ($800,000 x 10)  $7,500,000   City of Woodburn                 $338,661       Sub-Total                        $224,242
                                                               Allen County–Fort Wayne          $300,000       COMPLEMENTARY
               PRIVATE INVESTMENT                              Capital Improvement Board                       INDOT Community Crossings      $1,050,000
               FUNDING SUMMARY                                 Sub-Total                      $2,192,928       NIRCC INDOT Urban             $11,609,172
               STELLAR                                         COMPLEMENTARY                                   AWS Foundation                   $30,000
               LIHTC Equity Investment         $7,500,000      Allen County Commissioners     $4,250,000       IDNR - LWCF                      $400,000
               Keller Development              $1,320,234      Allen County-Fort Wayne        $3,000,000       East Allen County Schools      $2,000,000
               Sub-Total                       $8,820,234      Capital Improvement Board                       FHLBI - AHP                      $500,000
               COMPLEMENTARY                                   Allen County Council           $2,000,000       Fundraising                      $284,960
               Niemeyer Builders               $1,126,950      Town of Grabill                $3,350,000       Sub-Total                     $15,874,132
               Downtown Property Owners - Facades  $650,000    Town of Leo-Cedarville         $4,205,440       TOTAL OTHER SOURCES           $16,098,374
               Keller Development              $7,500,000      Town of Monroeville            $3,713,500
               Sub-Total                       $9,276,950      City of New Haven              $1,949,418
               TOTAL                          $18,097,184      City of Woodburn                 $125,000
                                                               Maumee Township                  $25,000
                                                               Sub-Total                     $22,618,358
                                                               TOTAL LOCAL LEVERAGE          $24,811,286

















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