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HH Grant Program
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2020
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08. August
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2020-08-18 10:00 AM - Commissioners' Agenda
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HH Grant Program
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Last modified
8/21/2020 11:10:41 AM
Creation date
8/21/2020 11:10:15 AM
Metadata
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Template:
Meeting
Date
8/18/2020
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Fully Executed Version
Supplemental fields
Alpha Order
e
Item
Request to Approve Agreement HH-AH-2020-004-HopeSource-Paulann
Order
5
Placement
Consent Agenda
Row ID
65752
Type
Contract
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Sample Pro Forma Single Family Rentals <br />County/City AH New Build <br />Project Name <br />Developer: <br />Address: <br />Uses <br />Paulann <br />HopeSource <br />801 6th Ave <br />uisition Costs: <br />Construction: <br />Contract with GC (incl profit, OH, qen conditions) <br />Bond Premium <br />Construction Contingency 8o/o $ <br />Total Construction:l <br />Soft Costs: <br />Total Developmenf Cosf.'$ 1.595,000 <br />Demolition $ <br />Acquisition land and buildinq $ 1.500.000 <br />Total Acquisition:$ 1,500,000 <br />License & Fees $ <br />Architect or Rehab mates <br />Enqineerinq $ <br />Environmental: Site-Specific Review $ <br />Acquisiton Closinq - Legal and Recordinq Fees 90,000 <br />Title Search & Title lnsurance <br />Survey $ <br />Appraisal & Analysis of Rent Comparables 5,000 <br />Builder's Risk and/or Casu nsurance <br />Carrying Costs - Real Estate Taxes <br />Costs - Utilities <br />Carrying Costs - Site Securitv <br />Carrying Costs - Grounds Maintenance $ <br />Furniture Fixtures & Equipment $ <br />Prefunded Replacement Reserve <br />Prefunded O and/or Rental Loss Reserves $ <br />Seller Legaland Recordinq Costs $ <br />Tenant Relocation <br />Rent-Up Marketing Costs $ <br />Loan Fee <br />Construction Loan interest <br />lnsurance $ <br />Soft Cost ContinqencV Oo/o <br />Developer Fee 0o/o <br />Total Soft Gosts;$
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