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KOTTINGER GARDENS PHASE 1 - AFFORDABLE HOUSING LOAN AGMT
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KOTTINGER GARDENS PHASE 1 - AFFORDABLE HOUSING LOAN AGMT
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3/24/2016 2:05:28 PM
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3/24/2016 2:03:03 PM
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LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
3/1/2016
LONG TERM AGREEMENTS - NAME
KOTTINGER GARDENS PHASE 1
LONG TERM AGREEMENTS - TYPE
MISC AGMT
LONG TERM AGREEMENTS - RECORD SERIES
704-06 (Long Term Agreements)
LONG TERM AGREEMENTS - DESTRUCTION DATE
PERMANENT
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KOTTINGER GARDENS PHASE I PAGE 6 <br /> Calculation of Net Syndication Proceeds Version:LP ADMISSION Revised: 9-Mar-16 <br /> CALCULATION OF SYNDICATION COSTS <br /> Total Federal Credit(10 yr)&State Credit 16,859,570 <br /> Gross Proceeds(Total) 20,568,675 <br /> Gross Proceeds(net of bridge int/fees) 20,568.675 <br /> Less Comments <br /> Upper Tier Costs <br /> Attorney 40,000 <br /> Accountant 20,000 <br /> Consulting 50,000 <br /> Broker <br /> Bridge Loan Fee 0 <br /> Syndicator 0 <br /> Other <br /> Total Syndication Costs 110,000 <br /> Total Syndication Costs/Gross Proceeds 0.01 %(Syndication Load) <br /> Net Proceeds 20,458,675 <br /> Net Proceeds/Total Fed and State Crack 1.213476 tax credit factor <br /> Gross Proceed.(TotaQ/Total Fed and State Credit 1.220000 tax credit factor <br /> Ginn Proceed.(w/o andpe)/Total Fed and State Credit 1.220000 tax credit factor <br /> Grove Proceeds-FederaVState olsaggrepated <br /> Federal 1.220000 tax credit factor <br /> State 0.000000 tax credit factor <br /> PV Credit 0 <br /> PV Oadlt Proceeds 0 1.000000 tax credit factor <br /> California Housing Partnership Corporation <br />
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