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Adams Crossing <br />Liberty Housing Group, LLC <br />932 W. 7th Avenue <br />• Acquisition / Rehabilitation proposal <br />• 12 units: two studios, six one -bedroom, <br />four two-bedroom units <br />• Three units for households earning less <br />than 50% of area median income <br />(AMI), three units for 60% AMI, six <br />units for 80% AMI <br />• Targeted to veterans and their families <br />• Currently occupied, and over -income <br />residents would be provided relocation <br />assistance including moving cost and <br />rental assistance. <br />• HOME funds requested: $638,702 <br />• Total development costs: $1,193,702 <br />• Cost per unit: $99,475 <br />• Other funding source: Private loan <br />• 15 -year Affordability Period <br />Attachment E <br />i <br />W 7th Ave' W <br />January 22, 2018, Meeting - Item 2C <br />