Laserfiche WebLink
Exhibit B-1 <br />HCS-23-42-2002-198(1) <br />City of Everett <br /> Page 2 of 2 <br />III. PROGRAM GOALS <br /> <br />A. A total of seven (7) homes are estimated to be rehabilitated, pursuant to the <br />subgrant made under this Agreement and 2019 HOME Program Income <br />available, at an estimated average cost of $48,500 per home. Actual number <br />of homes rehabilitated may vary depending on the actual cost of each loan <br />and the actual amount of HOME Program Income available. <br /> <br />B. Estimated Schedule <br /> <br />Activity # Units Time Period <br /> <br />Loans Committed 7 July 2020 – June 2025 <br /> <br />This is an estimated loan activity schedule. Notwithstanding the foregoing <br />schedule, the deadlines for committing and expending the HOME funds set <br />forth in Section I-B of Exhibit A to this Agreement are as outlined in Section 1- <br />E and Section 1-F of Exhibit A to this Agreement. <br /> <br />