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The projected Affordable Housing Fund expenditures during the Implementation Plan period
<br />can be summarized as follows:
<br />Table 9: Projected Affordable Housing Fund Expenditures (FY 2011- FY 2015)
<br />Housing Rehabilitation $300,000 $500,000 $1,000,000 $1,500,000 $1,500,000 $4,800,000
<br />Land Purchase 2,500,000 1,000,000 1,000,000 1,000,000 1,000,000 6,500,000
<br />Projects & Programs 12,000,000 12,000,000 10,000,000 10,000,000 10,000,000 54,000,000
<br />Planning & Administration 2,763,000 2,846,000 2,931,000 3,019,000 3,110,000 14,669,000
<br />Debt Service 403,000 0 0 0 0 403,000
<br />Total Expenditures $17,966,000 $16,749,000 $14,931,000 $15,519,000 $15,610,000 $80,372,000
<br />The Affordable Housing Fund expenditures are projected to total $80.4 million for the five-year
<br />period and are summarized in Figure 1:
<br />Projected Affordable Housing Fund Expenditures
<br />FY 2010/11- FY 2014/15
<br />Housing
<br />Rnhnhilitnti-
<br />Land Purcl
<br />Other,
<br />Relocation
<br />6,500,000
<br />Debt Service
<br />403,000
<br />1%
<br />AFFORDABLE HOUSING FUND CASH FLOW ANALYSIS
<br />This Implementation Plan provides an illustrative example of how the Affordable Housing
<br />Program could be financed on an annual basis over the remaining term of the Merged Project
<br />Area. However, the timing and specific amounts of both revenues and expenditures may be
<br />adjusted over time. Specific decisions on each of these items will be made as part of the
<br />Agency's annual budget process.
<br />Santa ?iii-nunity Redevelopment Agency Imp n e gionA?P n July 1, - Tune 30, 2.015
<br />For th d Santa Aria Redevelopment Project -48 Page 44
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