Digital Almond Gardens - Flipbook - Page 16
Harbor Park, LLC.
(916) 740-1276 Office | (916) 740-1276 Cell | cnojoomi@gmail.com
Rent Levels
A total of 96 project based vouchers are requested, of which 64 will be designated for eligible
persons with very low- to low-income, and addi onal 32 vouchers will be for “excep on Categories: such as the veterans, elderly, persons with disability, and homeless persons. Excep on Categories include provision of suppor ve services to persons with disabili es or elderly persons, in
order to allow them to live as independently as possible.
Permanent financing
Bond Proceeds
Tax Credit
HCD
City Contribution
Deffered Development Fee
Total
$11,912,721
24,933,684
14,025,197
850,000
7,500,000
59,221,602
Project Budget
Land
Soft Cost
Hard Cost
contingency
Development Fee
Finance Cost
Indirect Construction cost
Total
850,000
2,019,000
41,269,380
3,682,350
7,500,000
3,150,872
750,000
59,221,602
Project Cost Breakdown
Property Cost
permits
A&E
Demolition
Asbestos Remediation
Onsite Improvement
Construction Cost
GC Fee
Contingecy
Development Fee
Insurance
Financing Cost
Misc. Expenses
Page 16 / 26
850,000
1,269,000
750,000
1,000,000
500,000
3,973,500
32,850,000
2,945,880
3,682,350
7,500,000
250,000
3,150,872
500,000
59,221,602
Almond Gardens
