| |
$ Amount or Rate |
Basis Code |
TOTAL |
NON-DED |
| Actual Construction Cost |
|
|
|
|
| General Conditions |
|
|
|
|
| Land Development |
|
|
|
|
| Off-Site Improv'ts |
|
|
|
|
| Building Cost |
8151702 |
|
8151702 |
|
| Build/Rehab Residential |
|
|
|
|
| Parking Structure |
|
|
|
|
| Comm.Facilities & Amenities |
|
|
|
|
| General Contractor Overhead |
1141238 |
|
1141238 |
|
| Construction Contingency |
407585 |
|
407585 |
|
| Subtotal: Actual Construction Cost |
9700525 |
|
9700525 |
|
| General Development Costs |
|
|
|
|
| Accounting |
17000 |
|
17000 |
|
| Appraisal |
8000 |
|
8000 |
|
| Architecture & Engineering |
80000 |
|
80000 |
|
| Lender's Inspecting Arch/Engineer |
20000 |
|
20000 |
|
| Builder's Risk Insurance |
4500 |
|
4500 |
|
| Permits |
81300 |
|
81300 |
|
| Other- |
39600 |
|
39600 |
39600 |
| LOC Fee (2.5% of const loan amt) |
|
|
|
|
| Perm.Fin.Closing Fees |
|
|
|
|
| Engineering Fee |
72609 |
|
72609 |
|
| Environmental Report & Monitoring |
3500 |
|
3500 |
|
| Tax Credit Reservation Fees (B) |
74311 |
|
74311 |
|
| Tax Credit Application Fee (B) |
1000 |
|
1000 |
|
| Tax Credit Monitoring Fee (~B) |
87381 |
|
87381 |
|
| Credit Enh.(Gtd.Inv.Cntrct) |
9000 |
|
9000 |
|
| Impact & Dev. Fees |
|
|
|
|
| Construction Inspection |
18500 |
|
18500 |
|
| Insurance |
-20000 |
|
-20000 |
|
| Legal/Organizational/Audit |
108000 |
|
108000 |
|
| Feasibility/Market Study |
5000 |
|
5000 |
|
| Marketing & Pre-Opening Exp. |
15000 |
|
15000 |
|
| Appr'l/Market/Impact Studies |
|
|
|
|
| Real Estate Taxes - Construction |
8000 |
|
8000 |
8000 |
| Soils Report |
5000 |
|
5000 |
|
| Survey Costs |
9000 |
|
9000 |
|
| Legal Fees, Title Review & Closing Cost (~B) |
73200 |
|
73200 |
|
| Utilities |
15000 |
|
15000 |
|
| Furniture & Equipment |
135000 |
|
135000 |
|
| Misc. Administration |
|
|
|
|
| General & Administrative |
|
|
|
|
| Contingency |
25000 |
|
25000 |
|
| Start-up Oper. Losses (cap.) |
|
|
|
|
| Subtotal: General Development Costs |
894901 |
|
894901 |
47600 |
| Financial Costs |
|
|
|
|
| Const. Assurance |
|
|
|
|
| Const.Interest |
428234 |
|
428234 |
|
| Construction Fin.Fees |
83505 |
|
83505 |
|
| Bridge Loan Interest |
|
|
|
|
| Internal Interest |
|
|
|
|
| Bridge Loan Comm Fee (1%) |
4995 |
|
4995 |
|
| Credit Enhancement |
|
|
|
|
| Permanent Placement Fee |
27895 |
|
27895 |
|
| Subtotal: Financial Costs |
544629 |
|
544629 |
|
| Non-Land Acquisition Costs |
|
|
|
|
| Permanent Loan Closing Expense |
|
|
|
|
| Depr. assets acquired |
|
|
|
|
| Subtotal: Non-Land Acquisition Costs |
|
|
|
|
| Other Development Costs |
|
|
|
|
| Acq. Title & Recording |
|
|
|
|
| Acquisition Fee |
|
|
|
|
| Development Fee |
1756103 |
|
1756103 |
|
| Financial Advisors Fee (bonds) |
|
|
|
|
| Other Admin. |
|
|
|
|
| Subtotal: Other Development Costs |
1756103 |
|
1756103 |
|
| Acquisition Costs |
|
|
|
|
| Land |
990000 |
|
990000 |
990000 |
| Land Title & Recording |
|
|
|
|
| Land Carrying Cost |
|
|
|
|
| Subtotal: Acquisition Costs |
990000 |
|
990000 |
990000 |
| Total |
13886158 |
|
13886158 |
1037600 |
