Spreadsheet: 08688de9-7591-437f-b361-5cf25a09ce50
Sheet: Uses of Funds

USES OF FUNDING
Project Name: |  |  |  |  |  |  | Date:
Acq/Rehab
IRS Setaside
Number of Units:
Residential Square Footage:
Common Areas: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | These two columns are for
Commercial/other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | LIHTC APPLICANTS ONLY
Total Square Footage:
 | If mixed use project, see comment |  | COMMERCIAL | RESIDENTIAL
 |  | Total | Commercial | (A)           Original Application | Cost per Unit | Cost per Square Foot | Cost as % of Total | (B)        Carryover Application | % [NAME] (B/A) | Cost per Unit | Cost per Square Foot | Cost as % of Total | (C)                   Final Application | % Diff (C/B) | Cost per Unit | Cost per Square Foot | Cost as % of Total | Funding Source | Reasonably Expected Basis | Estimated Gross Expended by Carryover Date
Acquisition Costs
 | Purchase Price:
 | Land
 | Improvements
 | Liens and Other Taxes
 | Closing/Recording
 | Extension Fees
 | Other:
 | Acquisition Costs Subtotal:
Construction Costs
 | Off-site Work
 | On-site Work
 | Hazardous Materials Abatement
 | Demolition
 | [NAME]
 | Commercial Space/Building
 | Common Use Facilities
 | Elevator
 | Laundry Facilities
 | Storage/Garages
 | Landscaping
 | General Conditions
 | Builder's Risk Insurance
 | Contractor Overhead
 | [NAME]
 | Contingency
 | FF&E (Common Area Furnishings)
 | Internet Wiring & Equipment
 | [NAME]
 | Other:
 | Other:
 | Construction Costs Subtotal:
Development Costs
 | Land Use Approvals
 | Building Permits/Fees
 | System Development Charges
 | Market Study
 | Environmental Report
 | Lead Based Paint Report
 | [NAME]
 | Soils Report (Geotechnical)
 | Survey
 | Marketing/Advertising
 | Insurance
 | OHCS Fees
 | Other:
 | Other:
General Fees
 | Architectural
 | SPD Architectural Review Fee
 | Engineering
 | Legal/Accounting
 | Cost Certification
 | Appraisals
 | Special Inspections/Testing
 | Developer Fee
 | Consultant Fee
 | Lock Rate Fee
 | 3rd Party Constr Inspection Fee
 | OHCS Constr. Analyst review
 | Other:
Construction Loan Costs/Fees
 | Lender Inspection Fees
 | Lender Title Insurance
 | Lender Legal Fees
 | Loan Fees
 | [NAME]
 | Property Taxes (Constr Period)
 | Insurance
Bridge Loan Fees
 | Bridge Loan Legal
 | Bridge Loan Trustee
 | Bridge Loan Underwriting
Permanent Loan Fees
 | Perm. Loan Fee
 | Perm. [NAME] Fees
Tax Credit Fees
 | Tax Credit Fee
 | Tax Credit Cost Certification
 | Tax Credit Legal/Advisor Fee
Bond Issuance Fees
 | Cost of Bond Issuance
 | Negative Arbitrage (1.50%)
 | Bond Cost Certification
 | Other:
Interest
 | Construction Period
 | Construction Bridge Loan
 | Other:
 | Other:
Reserves/Contingency
 | Lease Up
 | Operating Reserve
 | Development Contingency
 | Tenant Relocation
 | Deposit to Replacement Reserves
 | [NAME] (3%)
 | Other:
 | Other:
 | Development Costs Subtotal:
 | TOTAL PROJECT COST
Surplus or Gap
Developers Fee Percentage
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | FOR LIHTC PROJECTS
 |  |  |  |  |  |  | Total of the amount to be expended by Carryover Date |  |  |  |  |  |  |  |  |  |  | Total of the amount to be expended by Carryover Date
 |  |  |  |  |  |  | Divided by Total Project Costs |  |  |  |  |  |  |  |  |  |  | Divided by Total Project Costs
 |  |  |  |  |  |  | Equals the percent of estimated cost expended by Carryover Date |  |  |  |  |  |  |  |  |  |  | Equals the percent of estimated cost expended by Carryover Date