Distribution			Demographics
	Studios	2		Existing Tenants	10
	One Bedrooms	12		Very Low Income	1
	Two Bedrooms	8		Low Income	12
	Three Bedrooms	4		Market	2
	Total	26		Management	1
	*3 commercial spaces not included			Total	26
	Development Costs			Financing
	Acquisition	2		HPD - HOME	2,810,994
	Soft Costs	682,102		HPD - CDBG	115,251
	Construction	3,075,344		LIHTC	1,056,978
	Capital Reserves	208,775		Total	3,983,223
	Total	3,966,223
	Construction Cost per Unit: 123,014 Total Development cost per unit: 158,649
	Annual Expense			Annual Income
	Operating	79,159		Rental Income	344,869
				Commercial Income	46,800
				Interest Income	7,768
				Vacancy Loss	(19,583)
				Net Revenue	372,085
				Surplus/Deficit	180,200
				Operating Coverage	210%