Page 114 - New Allen Alliance Digital Book

STELLAR PROJECT 1: East Allen Owner Occupied Housing Rehabilitation

Gap: $238,000. Expenses Expenses
Leverage: $122,992. Income Uses Quantity Income Total Source -CDBG-OOR -FHLBI-NIP Other Cash Cost
Owner Occupied Rehabilitation (OOR) 14 $250,000.00 IHCDA-CDBG-OOR
Neighborhood Impact Program (NIP) Rehab 12 $90,000.00 FHLBI-NIP
All projects have been
rounded; budget totals will Weatherization 16 $122,992.00 LIHEAP/DOE
be finalized upon award. Income Total $462,992.00

Weatherization resources
will be provided to income Expenses
qualified homeowners who Hard Costs
participate in OOR. Rehabilitation $200,000.00 $90,000.00 $122,992.00

Program Delivery
Grant Administration $7,000.00
Legal $1,500.00
Work Write-Ups $14,100.00
Building Permits and Fees $1,500.00
Other:
Subtotal Program Delivery $24,100.00
Other:
Relocation (temporary & permanent) $-
Environmental Review $11,900.00
Lead Hazard Testing $14,000.00
Other Non-Construction Sub-total $25,640.00

TOTAL PROJECT COSTS $462,992.00 $250,000.00 $90,000.00 $122,992.00

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