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TOTAL PROJECTED COSTS: $1,937,250.00 - page 6 / 15

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INDIANA HOUSING FINANCE AUTHORITY RENTAL HOUSING TAX CREDIT (RHTC) PROGRAM PROPOSED DEVELOPMENT SUMMARY

2003A-C Round

PROJECT NAME:

Cameron Court II Apartments

SITE LOCATION:

10635 Seiler Road New Haven, IN 46774 Allen COUNTY

PROJECT TYPE:

NC

APPLICANT/OWNER:

Herman & Kittle Properties, Inc. Jeffrey L. Kittle 737 E. 86th Street Indianapolis, IN 46240 (317) 255-3111

PRINCIPALS:

Cameron Court II-New Have, L.P., SunAmerica Affordable Housing Partners

# OF UNITS AT EACH SET ASIDE:

60% of AMI: 50% of AMI: 40% of AMI: 30% of AMI:

9 23 5 37

Market Rate:

0

UNIT MIX

Efficiency:

0

One bedroom:

12

Two bedroom:

26

Three bedroom:

26

Four bedroom:

10

Total units:

74

TOTAL PROJECTED COSTS: $5,184,159.00

RHTCs REQUESTED:

$385,204.00

COST PER UNIT:

$67,354.00

RHTCs RECOMMENDED:

$385,204.00

HOME FUNDS REQUESTED: $0.00

HOME FUNDS RECOMMENDED:$0.00

TRUST FUNDS REQUESTED: $0.00

TRUST FUNDS RECOMMENDED:$0.00

APPLICANT NUMBER:

2003A-C-030

BIN:

IN-03-00300

HOME FUNDS AWARD #:

TRUST FUNDS AWARD#:

SET ASIDE:

Lowest Income

COMMENTS: This development will feature a pool, playground, private balconies, and walk-in closets.

R=Rehabilitation A/R=Acquisition/Rehabilitation NC=New Construction

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