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BUDGET NARRATIVE <br />1. Funding Utilization: Describe how the funds will be used to support the proposed <br />project. For example, will the funds be used for staff time, supplies, consultants, <br />contractors, construction costs, direct customer services, etc.? (250 words max.) <br />The funds requested from the County will fund half of the purchase of the property. <br />Additional funds are being sought for the remainder of the purchase from the City of <br />Ellensburg ($ZSO,OOO.00) and contributions from HopeSource as needed for earnest <br />money, closing costs, and legal representation ($100,000). Once the type and use of the <br />existing structure are determined based on community feedback, funding for the <br />rehabilitation of the building will be sought from appropriate sources. Depending on the <br />community feedback, on source of funding coming available in the Legislature is for <br />rehabilitation of a PSH property and would be funded by the Apple Home and Health <br />Funds (HB1866), which in this case would be projected to cost approximately $800,000. <br />13 <br />Doc lD: 827c530853eb58e65a7bdf36e6b27 6d23884551 f