ATTACHMENT A
ATTACHMENT A
2021 AFFORDABLE HOUSING LOAN PROGRAM ALLOCATION EXHIBIT 1
Project #
of Units
Development
Cost Est.
Cost Per
Unit
Prior City
Funds
Allocated
Funds
Requested
Recommended
City
Funding
Source
Town Center Studios
(Rehabilitation)
40 $6,817,130 $170,428 $129,205 $2,098,830 $700,000 CDBG
Sierra Vista Apartments
Phase III (Preservation)
74 $36,341,858 $491,106 $2.6 Million $2,528,958 $793,286 PLHA
Sonora Square
(New Construction)
37 $14,618,371 $395,091 $0.00 $2.500,000 $456,714 CDBG
Liberty Square
(New Construction)
31 $13,863,651 $447,215 $2.8 Million $600,000 $600,000 HOME/ CHDO
Shared Permanent
Housing for Homeless
(New Construction)
30 $6,295,338 $209,845 $0.00 $3,595,338 $1 Million HOME
Grand View Village
(New Construction)
75 $42,360,235 $564,803 $2.6 Million $2,770,000 $906,714 $973,370
$119,916
PLHA
LMIHF
NSP
The Hunter House
(New Construction)
120 $58,456,580 $487,138 $540,000 $2,000,000 $1,020,605 $179,395
HOME
NSP
La Passeggiata
(New Construction)
94 $42,463,340 $451,738 $0.00 $2,996,720 $600,000 HOME
Fontana Towers
(New Construction)
105 $52,740,097 $502,287 $0.00 $2,500,000 $1,040,541 CDBG 606 $21,589,846 $8,390,541
ATTACHMENT A