| Notes |
Fund Targets: - The initial fund targets will be to support projects serving renters with incomes up to $70,000 per home and create homeownership opportunities for households with incomes up to $150,000 per household. - At least 60% of the fund dollars and projects funded will serve households making less than 80% of the area median income, and the highest income levels served will be 150% of area median income. Anticipated Impact: - The fund is anticipated to create and preserve 850 units of housing. - Fund dollars are expected to be leveraged 8:1 attracting $80,000,000 in dollars from other sources. |