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Exhibit 1
<br />Available Funds for Affordable Housing Development Projects
<br />As of September 30th, 2022
<br />Housing Successor Agency (Housing Authority)
<br />$4,867,082 Cash on Hand
<br />($1,656,947) Frances Xavier Residence Project Pre -Commitment Loan 1
<br />($250,000) Administrative Costs Allowance 2
<br />($2,639,866) Administrative Costs Allowance for Future Fiscal Years 3
<br />($307,386) Crossroads at Washington Option Agreement Amendment 4
<br />($12,883) Crossroads at Washington Environmental Assessment Oversight 5
<br />$0 Available Funds
<br />Inclusionary Housing Funds
<br />$14,676,969 Cash on Hand
<br />($1,250,000) Down Payment Assistance Program 6
<br />($565,271) Lacy Street Project Grant 7
<br />($151,411) Westview House Loan 8
<br />($37,500) Westview House Project Cost
<br />($11,544) WISEPIace Steps to Independence Program Agreement 9
<br />($484,000) WISEPIace PSH Pre -Commitment Loan 12
<br />($2,787,146) Administrative Costs Allowance (CDA/PBA)
<br />$9,390,097 Available Funds
<br />HOME Program
<br />$5,739,433 Funds to Drawdown
<br />($300,749) Crossroads at Washington Loan 10
<br />($200,371) Westview House Loan 8
<br />$5,238,313 Available Funds to Drawdown
<br />HOME -American Rescue Plan Program (PSH Projects Only)
<br />$5,256,327 Funds to Drawdown
<br />($5,256,327) WISEPIace PSH Pre -Commitment Loan 12
<br />$0 Available Funds to Drawdown
<br />CDBG Program (Acquisition/Rehabilitation Projects Only)
<br />$4,690 Funds to Drawdown
<br />$4,690 Available Funds to Drawdown
<br />Rental Rehabilitation Grant Program
<br />$48,402 Cash on Hand 11
<br />($38,652) Westview House Loan 8
<br />$9,750 Available Funds
<br />$14,642,850 Total Available Funds
<br />Approved by Housing Authority on January 15, 2019. Additional $587,000 approved by Housing Authority on December 7, 2021.
<br />2 The Housing Successor Agency relies on available cash to fund the monitoring and compliance functions related to the former Redevelopment Agency's housing loans.
<br />' Funds to be set aside for compliance and monitoring requirements due to uncertainty of future repayment revenues.
<br />" Approved by Housing Authority on December 15, 2020. Additional $150,000 maximum approved by Housing Authority on August 17, 2021 (2nd Amendment to Option Agreement).
<br />s Approved by Housing Authority on July 20, 2021.
<br />° $400,000 originally approved by City Council on March 6, 2018. Nine loans paid through end of September 2021. Additional $1,200,000 approved by Council on November 2, 2021.
<br />Approved by City Council/Housing Authority on March 5, 2019. Additional $333,777 approved by City Council on April 6, 2020.
<br />° Approved by City Council on May 17, 2022.
<br />° Approved by City Council on April 7, 2020.
<br />10 Approved by City Council on June 21, 2022.
<br />Old program income available after close out of program with HUD.
<br />��Iar�eOCity u nCl4on June 21, 2022. Q — 11 11/15/2022
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