Project
# of
Afforda
ble
Units
Development
Cost Est.
Cost Per
Affordable
Unit
Prior City
Funds
Allocated
Funds
Requested
(this round)
Recommended
City
Funding
Source
Total City Funds
Pending Approval
Sonora
Square
(New
Construction/
Adaptive Re-
use)
37 $16,478,941 $445,377 $456,714 $1,426,107 $1,426,107
HOME-
ARPA $1,882,821
Sierra Vista
Apartments
Phase III
(New
Construction/
Preservation)
73 $38,130,907 $522,341 $2,393,286 $2,743,345
$1,370,000
$855,858
$2,225,858
HOME-
ARPA
PLHA $4,619,144
Casa de
Mariposa
(New
Construction)
71 $34,909,086 $491,677 $0 $600,000 $600,000 HOME $600,000 Park-Center
Apartments
(New
Construction/
Adaptive Re-
use)
50 $25,255,112 $505,102 $0 $2,387,464
$703,893
$683,571
$840,168
$2,227,632
HOME-
ARPA
HOME
HHAP2
$2,227,632
Fontana
Towers
(New
Construction)
105 $52,870,097 $508,366 $1,040,541 $2,500,000 $2,242,609 HOME- ARPA
$3,283,150
Grand View
Village
(New
Construction)
74 $42,360,235 $572,436 $4,605,094 $770,000 $770,000 PLHA $5,375,094 Shared
Housing
Infill for
Homeless
(New
Construction)
30 $3,892,103 $129,737 $1,000,000 $2,892,103
$696,905
$119,916
$816,821
HOME
NSP
$1,816,821
439 $453,577 $9,495,635 $13,319,019 $10,309,027 $19,964,494
2022 AFFORDABLE HOUSING LOAN PROGRAM ALLOCATION
EXHIBIT 1