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bakerti Ll <br /> y <br /> novj,for ton-nr-ow, <br /> New Proposed Housing TIF District: <br /> Jackson Hill Phase 11 Project <br /> Financial Review <br /> First Mortgage (70%) $6,000,000 Acquisition $400,000 <br /> Equity (30%) $2,588,174 Construction $6,828,174 <br /> Site Development $850,000 <br /> Arch. & Eng. Fees $75,000 <br /> Legal Fees $10,000 <br /> Contingencies $250,000 <br /> Total $8,588,174 Total $8,588,174 <br />