HomeMy WebLinkAboutCRA-R-07-0062 Exhibit ATARGETED
CATEGORIES
Affordable/
Workforce Housing
Million`
Infrastructure
Job Creation/
Economic Development
Parks/Open Spaces
Arts and Culture
Quality of Life
Administration
EXHIBIT "A"
PERCENTAGES
(APPROXIMATE AMOUNT)
25% ($59,250,000)
25% ($59,250,000)
25% ($59,250,000)
10% ($23,700,000)
($11,850,000)
($11,850,000)
($11,850,000)**
5%
5%
5%
EXPECTED
PRIVATE SECTOR
LEVERAGE
$592,500,000
Unknown
Unknown
Unknown
Unknown
Unknown
Unknown
* $59,250,000 is expected to generate $592,500,000 in affordable and workforce
housing projects based on City's historical 1:10 private investment leverage factor for
similar projects.
**
Amount should not exceed $1 Million during any one year.