Laserfiche WebLink
TABLE 3 <br />ESTIMATED HABITAT FINANCIAL GAP <br />9 FOR-SALE MODERATE INCOME UNITS <br />HABITAT FOR HUMANITY - WELLINGTON <br />SANTA ANA, CALIFORNIA <br />I.Total Development Costs See TABLE 1 $4,402,000 <br />II.(Less) Estimated Available Revenue See TABLE 2 ($3,654,200) <br />III.Estimated Financial Gap 9 Units $83,100 /Unit $747,800 <br />IV.Distribution of Proposed City Financial Assistance <br />Proposed City Development Assistance 9 Low Inc. Units $80,000 /Mod Inc. Unit (720,000) <br />Proposed City Relocation Assistance (200,000) <br />Total Proposed City Financial Assistance 9 Units ($102,200)/Unit ($920,000) <br />V.Estimated Additional Habitat Financial Gap <br />Estimated Financial Gap $747,800 <br />Proposed City Development Assistance 9 Low Inc. Units $80,000 /Mod Inc. Unit (720,000) <br />Estimated Additional Habitat Financial Gap $27,800 <br />Prepared by: Keyser Marston Associates, Inc. <br />File name: Habitat Wellington_2 10 25; Pf <br />EXHIBIT 3 <br />  <br />  <br />City Council 9 – 29 7/1/2025