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i • <br />EXHIBIT B <br />(CITY OF LA PORTE) <br />(DOWNPAYMENT A_ND CLOSING COST ASSISTANCE) <br />Maximum Amount to be Paid Under this Agreement <br />It is expressly agreed and understcod that the total amc-_nt to be paid by the Grantee under this <br />Agreement shall not exceed One Hundred Sixty Eia=: Thousand One Hundred Dollars and <br />No/ 100 (S 168,100.00). <br />PROJECT BUDGET SU:NIVIARY <br />NEW CONSTRUCTION AND DOWNPAyMENT ASSISTAiNCE <br />Description <br />Personnel <br />Non Personnel <br />Total <br />PROJECT COSTS <br />Acquisition (4x $3.x:4)0 per lo: <br />Note: each house is -uilt on m -o 25' <br />x 125' lots <br />Construction of 11 omes: twc will <br />be HOME -assisted. • 1 C <br />588,950.00 & 1 C 592,950.OG <br />Remaining 9 non -HOME assi-ed <br />units a-,•2. cost 590.-27.78 <br />OHED Match _T__ <br />Other <br />S0.00 <br />S0.00 <br />S0.00 <br />; 50.00 <br />SO.00 <br />SO.000 <br />_ <br />SO.00 <br />512,000.00 <br />S181,900.00 <br />50.00 <br />i <br />$0.00 <br />50.00 <br />$0.00 <br />$0.00 <br />Total <br />f� . <br />$0.00 <br />$0.00 <br />$0.00 <br />$12,000.00 <br />$816.550.02 1 5998,450.02 <br />Total ! S181,900.00 512,000.00 5816.550.02 51,010,450.02 <br />INDIRECT DEVTLOP.IENT <br />. . <br />.0. .>,0_ :. 0 <br />550.02 51,354,050.0.._2COSTS (son costs) r <br />Doxtnp;;•rent and _rosins Cc.:s Si68.100.00 S0.00 S243,60 <br />Total Project Cost S3;0,000.00 37,500.00 5816. <br />PROJECT BUDGET DETAIL <br />DONN P YMENT :k\D CLOSING COST <br />Project Costs OHED Match <br />INDIRECT DEVELOPMENT <br />COSTS i soft costs <br />Dovvnp�-: -neat & c:: ;in_ cos:: 'r <br />( house -olds (S 1 _ z.:? 1. S i HC `.IE <br />funds S 50.86?.6? -=tching :_.ds <br />� I <br />S 16 5.100.00 5':.500.00 <br />Total Project Cost ; S168,100.00 5;5,500.00 <br />Other <br />Fundtnt <br />S 0 <br />$0.00 <br />Total <br />5243,600.00 <br />$243,600.00 <br />