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O-2009-3187 3rd amendment to allow for additional financial assistance to eligible Down Payment Assistance
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O-2009-3187 3rd amendment to allow for additional financial assistance to eligible Down Payment Assistance
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Last modified
11/2/2016 3:39:28 PM
Creation date
10/16/2009 9:44:31 AM
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Legislative Records
Legislative Type
Ordinance
Date
9/28/2009
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s <br /> II. <br /> • <br /> EXHIBIT B, -BUDGET <br /> The City of La Porte Northside Housing Affordable Single - Family New Construction Project <br /> Maximum Amount to be Paid Under this Agreement <br /> It is expressly agreed and understood that the total amount to be paid by the Grantee under this Agreement <br /> shall not exceed FIVE HUNDRED TEN THOUSAND ONE HUNDRED TWENTY DOLLARS and 00/100 <br /> ($510,120:00). <br /> r Project Budget <br /> 8i dgetStiW ilia . -. <br /> Description HCCSD Match Other Total <br /> Personnel $0 $0 $0 $0 <br /> Non Personnel $0 $0 $0 $0 <br /> Subtotal $0 $0 $0 $0 <br /> Down Payment Assistance $40,000.00 $0.00 $0.00 $40,000.00 <br /> Acquisition $0.00 $0.00 $0.00 $0.00 <br /> Rehabilitation $0.04 $0.00 $0.00 $0.00 <br /> New Construction $452,300.00 $100,515.00 $0.00 $55Z875.00 <br /> HCPID Inspection $6,000.00 $1,250.00 $0.00 $7,250.00 <br /> Subtotal $498,300.00 $101,825.00 $0 $600,125.00 <br /> Subro 1pientResa vefunds- • DeveloperFee(10 %) $0.00 $0.00 $0.00 $0.00 <br /> Development Financing Savings $0.00 $0.00 $0.00 $0.00 <br /> Construction Financing Savings $0.00 $0.00 . $0.00 $0.00 <br /> Closig Casts $11,820.00 $7,880.00 $0.00 $19,700.00 <br /> Subtotal w $11,820.00 $7,880.00 $0.00 $19)00.00 <br /> • . Proj t0. 't F . $510,120.00 ;109,705.00_ x.00 $619,825.00 <br />
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