Exhibit 1
North Housing Seniors Project Funding Sources
Source Status Amount
Permanent Mortgage Debt – Tenant Rents Committed $4.2 million Tax Credits (4% Federal Credits) Committed $22.9 million Department of Housing & Community
Development – Multifamily Housing
Program (MHP)
Committed $13.4 million
Department of Housing & Community
Development – Veterans Housing and
Homelessness Prevention Program (VHHP)
Committed $4.8 million
Alameda Affordable Housing Corporation –
Local Housing Trust Funds
Committed $3.4 million
Department of Housing & Community
Development – Infill Infrastructure Grant
Committed $2.3 million
Federal Home Loan Bank of San Francisco –
Affordable Housing Program (AHP)
Committed $0.9 million
Developer Contribution Committed $0.9 million
General Partner Equity Committed $1.2 million
TOTAL $54 million