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Sources & Uses <br /> <br /> Brick Block <br /> Elk River, Minnesota <br />SOURCES AND USES OF FUNDS <br /> <br />SOURCES <br /> First Mortgage <br /> Commercial Sale <br /> TIF-25 years <br /> Small Cities Program <br /> Limited Partner Investment - LIHTC <br /> <br />Equity Gap <br /> <br />TOTAL SOURCES <br /> <br /> Total <br />1,368,319 <br /> 798,259 <br /> 422,862 <br /> 1,400,000 <br /> 3,234,313 <br /> <br />2,526,635 <br /> <br />$ 9,750,388 <br /> <br />USES <br /> Land/Building <br /> Public Parking <br /> Site Work-Demo, Environmental/Landscaping <br /> Demo <br /> Rehabilitation/New Construction <br /> Contingency <br /> Architectural and Engineering <br /> Interim Costs <br /> Financing Fees and Expenses <br /> Syndication Related Costs <br /> Related Costs <br /> Developer's Overhead/Profit <br /> Project Reserves <br /> <br />Total <br />2,337,688 <br /> 0 <br /> 600,000 <br /> <br />4,991,299 <br />222,368 <br />140,000 <br />266,180 <br />108,981 <br />15,000 <br />110,309 <br />685,000 <br />273,564 <br /> <br />TOTAL USES $ 9,750,388 <br /> <br /> <br />