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RES 2023-197 Amendment No to HH-2021-001-HopeSource-CIP
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2023-11-21 10:00 AM - Commissioners' Agenda
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RES 2023-197 Amendment No to HH-2021-001-HopeSource-CIP
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Last modified
11/21/2023 3:22:50 PM
Creation date
11/21/2023 3:22:26 PM
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Meeting
Date
11/21/2023
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
Item
Request to Approve a Resolution Authorizing an Amendment of the July 15, 2021, Capital Improvement Program Contract with HopeSource
Order
11
Placement
Consent Agenda
Row ID
111109
Type
Contract
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1 <br />CLE ELUM APARTMENTS <br />Revised; 03/3012021 <br />RESIDENTIAL ONLY <br />40% AVG <br />Unil <br />UNITMIXMATRIX <br />B1 <br />Br <br />2 BR LIHTC <br />Total Units <br />Total Square Foolage <br />CAPITAL USES <br />Construction <br />etii{1 folttingsryi,cy . <br />A&E Fees <br />Other Professional Fees <br />Costs <br />Fees <br />AMI 40% AMr 507o AMI Seclion I <br />c0sls <br />16 Base, escalation & furnishings <br />6.500/o of total conslrucllon cosls <br />Architecture & Subconsultants <br />All other minus dev fee <br />0.Aao/o all lees minus dev fee <br />All costs incl reserves & rent up costs <br />'7 .59Yo <br />-13.010/o <br />47,203 <br />TOTAL <br />702 <br />rs,731 <br />$14 1s <br />69,53 <br />st.03 <br />$10,91 <br />Per <br />11.11o/. Ollolal dev costs <br />HopeSource SRI Toial <br />Tolal Fee <br />Paid Fee <br />$467,461 $1,090,742 <br />$390,653 $91 1,524 <br />$1,558,203 <br />$ 1,302,1 77 <br />5A% <br />48 0 <br />0 <br />30%AMI <br />24.00 <br />50% <br />0,00- <br />ri;t" <br />10%AMl <br />24.00 <br />50% <br />50%AMt Section I % Units <br />2A <br />28 <br />10.00 <br />14,00 <br />0.00 <br />0.00 <br />10.00 <br />14 ab <br />0.00 <br />0.0a <br />42% <br />\Eo/" <br />18 a 21 0 24 0 100% <br />et Cent Ol Rogidantal Uni s 0%50.00%a%50.000/6 0% <br />l8F 1 <br />sqg 00 <br />412.00 749.00 <br />672.00 <br />861.00 <br />19 0 24 0 <br />,e Servics Units 2l 24 <br />Resarves 0.00% <br />SF <br />Bank <br />WA Slutu HTF <br />riiiiiJl Counry rooo runoi <br />Cash Flow Opemtions <br />$0 <br />s71,4?S <br />$0.00 <br />iooo <br />GAP <br />Bank <br />Cas <br />Service <br />$1 s,73,| <br />$0.00 <br />Unit SF <br />lncl <br />Soft Debt c0 <br />1, TDC <br />2. Equity Pricing <br />3. High Cost or Low Cost Area <br />4, Need to figure out how to score <br />20210330 CleElum Family Proforma Vl.xlsx Summary
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