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2018.05.02 EDC
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2018.05.02 EDC
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NewB_Senior_4%_Final <br />Housing Tax Credit Request <br />Type of Tax Credits requested from Minnesota Housing: <br />Housing Tax Credits ‐ 4% <br />Housing Tax Credits ‐ 9% <br />Dual Application <br />HTC Request Amount: <br />Request Status <br />Basis Boost Reservation <br />Carryover <br />Tax Credit Pool 8609 <br />Metro Qualified Contact <br />Greater MN 42 M1 Letter <br />Tax Credit Request Type Tax Credit Set‐Aside <br />First Request Non Profit <br />Supplemental Rural Development <br />Repeat Request ‐ not selected <br />Application to suballocator <br />Previously Awarded Tax Credits: <br />Allocator Amount <br />Allocator Amount <br />Allocator Amount <br />County Ramsey <br />Architect tbd <br />DEVELOPMENT TEAM <br />5BR <br />Tax Exempt Bonds ‐ Short Term <br />DEMOGRAPHICS <br />120 Senior <br />Owner tbd Limited Partnership People with Disabilities <br />Developer Aeon <br />Management Co Aeon Management LLC <br />Service Provider <br />Tax Exempt Bond Request <br />TYPE ISSUER <br />Permanent Supportive Housing <br />Processing Agent <br />2,835,500 <br /> First Mortgage/Deferred Loan Request <br />TYPE AMOUNT <br />13,058,500 <br />Deferred Loan(s) <br />Minnesota Housing First Mortgage <br />General Contractor <br />726,303 <br />HPH <br />Tax Exempt Bonds ‐ Long Term <br />Operating Subsidy <br />3BR <br />Owner Occupied4BR <br />Rent Assistance <br />Minnesota Housing <br />SRO with Kitchen <br />UNIT SUMMARIES <br />SRO no Kitchen HTC 120 <br />TOTAL UNITS 120 <br />6BR <br />SUMMARY <br />ACTIVITY TYPE <br />Version DateNew Brighton Senior Apartments <br />New Brighton <br />55112 <br />Demolition Dev #701 8th Avenue Northwest <br />New Construction Project # <br />AcquisitionDevelopment Name <br />Primary Address <br />City <br />Zip Code HTC # <br />0BR/Eff <br />1BR <br />2BR <br />84 <br />36 <br />Unit Type # Units <br />Subsidy Funding Request <br />11,629,368 <br />AMOUNT <br />Name of Source # Units Amount <br />Program Type <br />HOME <br />Market Rate <br />Employee Occupied <br /># Units DescriptionSponsor/Parent Company Aeon <br />PWD <br /># Units <br />Workbook Summary ‐ Page 2 of 32 3/26/2018 5:31 PM
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