Belvedere Assisted Living Community
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1 Award Date: 5/28/15 Belvedere Assisted Living Community 343 East 90 th Street Merrillville, IN Lake County New Construction Elderly-Assisted Living Bravo Properties, LLC Zach Leonard 60% of AMI: 126 Efficiency: 56 50% of AMI: 0 One bedroom: 70 40% of AMI: 0 Two bedroom 0 40% of AMI: 0 Three bedroom: 0 Total units: 126 TOTAL PROJECTED COSTS: $23,758,879 COST PER SQUARE FOOT: $ CREDIT REQUESTED: $597,419 CREDIT RECOMMENDED: $597,419 BOND VOLUME REQUESTED: $17,500,000 BOND VOLUME RECOMMENDED: DEVELOPMENT FUND REQUESTED: DEVELOPMENT FUND RECOMMENDED: $17,500,000 $500,000 $500, A-B-011 IN DEVELOPMENT FUND LOAN NUMBER: DLF FINAL SCORE: 56
2 Award Date: 5/28/15 Concord Commons I 2002 Hanley Street Gary, IN Lake County 60% of AMI: 156 Efficiency: 0 50% of AMI: 0 One bedroom: 24 40% of AMI: 0 Two bedroom % of AMI: 0 Three bedroom: 32 Total units: 156 TOTAL PROJECTED COSTS: $7,937, COST PER SQUARE FOOT: $48.35 CREDIT REQUESTED: $261, CREDIT RECOMMENDED: $261, BOND VOLUME REQUESTED: $5,210, BOND VOLUME RECOMMENDED: $5,210, A-B-001 IN FINAL SCORE: 45.50
3 Award Date: 5/28/15 Concord Commons II Burr Street Gary, IN Lake County 60% of AMI: 198 Efficiency: 0 50% of AMI: 0 One bedroom: 24 40% of AMI: 0 Two bedroom % of AMI: 0 Three bedroom: 0 Total units: 198 TOTAL PROJECTED COSTS: $9,768, COST PER SQUARE FOOT: $59.41 CREDIT REQUESTED: $323, CREDIT RECOMMENDED: $323, BOND VOLUME REQUESTED: $6,438, BOND VOLUME RECOMMENDED: $6,438, A-B-002 IN FINAL SCORE: 49.50
4 Award Date: 5/28/15 Woodlake Village I 8901 E. 5 th Ave. Gary, IN Lake County 60% of AMI: 264 Efficiency: 0 50% of AMI: 0 One bedroom: 32 40% of AMI: 0 Two bedroom % of AMI: 0 Three bedroom: 16 Total units: 264 TOTAL PROJECTED COSTS: $13,639, COST PER SQUARE FOOT: $54.65 CREDIT REQUESTED: $434,032 CREDIT RECOMMENDED: $434,032 BOND VOLUME REQUESTED: $9,122,900 BOND VOLUME RECOMMENDED: $9,122, A-B-003 IN FINAL SCORE: 44.5
5 Award Date: 5/28/15 Woodlake Village II 9101 East 5 th Ave. Gary, IN Lake County 60% of AMI: 170 Efficiency: 0 50% of AMI: 0 One bedroom: 25 40% of AMI: 0 Two bedroom % of AMI: 0 Three bedroom: 0 Total units: 170 TOTAL PROJECTED COSTS: $8,956, COST PER SQUARE FOOT: $57.41 CREDIT REQUESTED: $287,516 CREDIT RECOMMENDED: $287,516 BOND VOLUME REQUESTED: $5,775,700 BOND VOLUME RECOMMENDED: $5,775, A-B-004 IN FINAL SCORE: 44.5
6 Award Date: 5/28/15 Woodlake Village III 9001 East 5 th Ave. Gary, IN Lake County 60% of AMI: 64 Efficiency: 0 50% of AMI: 0 One bedroom: 56 40% of AMI: 0 Two bedroom 8 40% of AMI: 0 Three bedroom: 0 Total units: 64 TOTAL PROJECTED COSTS: $3,733, COST PER SQUARE FOOT: $78.00 CREDIT REQUESTED: $118, CREDIT RECOMMENDED: $118, BOND VOLUME REQUESTED: $1,731, BOND VOLUME RECOMMENDED: $1,731, A-B-005 IN FINAL SCORE: 44.5
7 Award Date: 5/28/15 MAH Northside Flats L.P N. Delaware; 1445 N. Delaware; 1304 N. Delaware; 1215 N. Pennsylvania Indianapolis, IN Marion County 60% of AMI: 219 Efficiency: % of AMI: 0 One bedroom: 89 40% of AMI: 0 Two bedroom 3 40% of AMI: 0 Three bedroom: 0 Total units: 219 TOTAL PROJECTED COSTS: $19,146, COST PER SQUARE FOOT: $ CREDIT REQUESTED: $558, CREDIT RECOMMENDED: $558, BOND VOLUME REQUESTED: $11,500, BOND VOLUME RECOMMENDED: $11,500, A-B-007 IN FINAL SCORE: 40
8 Award Date: 7/23/15 SITE LOCATIONS: DBG Properties, LLC 700 Indiana Street & 506 Illinois Street Walkerton, IN St. Joseph County E. Harrison Street North Liberty, IN St. Joseph County 300 Meadow Lane Liberty, IN Union County 600 N. Morton Street Centerville, IN Wayne County Elderly & DBG Properties, L.P. Steven K.Walters Mitch L. Walters 60% of AMI: 118 Efficiency: 0 50% of AMI: 0 One bedroom: 20 40% of AMI: 0 Two bedroom 98 40% of AMI: 0 Three bedroom: 0 Total units: 118 TOTAL PROJECTED COSTS: $7,508,234 COST PER SQUARE FOOT: $79 CREDIT REQUESTED: $215, CREDIT RECOMMENDED: $215, BOND VOLUME REQUESTED: $4,380, BOND VOLUME RECOMMENDED: $4,380, DEVELOPMENT FUND REQUESTED DEVELOPMENT FUND RECOMMENDED $450, $450, A-B-006 IN DEVELOPMENT FUND LOAN NUMBER DFL FINAL SCORE: 74.67
9 Award Date: 8/27/15 River Run Apartments 740 Prairie Street Elkhart, IN Elkhart County American Community Developers, Inc. John K. Zollinger, Jr. Gerald Krueger 60% of AMI: 120 Efficiency: 0 50% of AMI: 0 One bedroom: 30 40% of AMI: 0 Two bedroom 60 40% of AMI: 0 Three bedroom: 30 Total units: 120 TOTAL PROJECTED COSTS: $11,393,349 COST PER SQUARE FOOT: $94.00 CREDIT REQUESTED: $355, CREDIT RECOMMENDED: $355, BOND VOLUME REQUESTED: $4,900, BOND VOLUME RECOMMENDED: $4,900, A-B-008 IN FINAL SCORE: 66.5
10 Award Date: 8/27/15 Claystone at the Crossing I 548 Westchester Lane Lafayette, IN Tippecanoe County Integra Property Group, LLC Integra Property Group, LLC 60% of AMI: 182 Efficiency: 0 50% of AMI: 0 One bedroom: 26 40% of AMI: 0 Two bedroom % of AMI: 0 Three bedroom: 43 Market Rate: 0 Four bedroom: 2 Total units: 182 TOTAL PROJECTED COSTS: $17,595,396 COST PER SQUARE FOOT: $92.00 CREDIT REQUESTED: $558, CREDIT RECOMMENDED: $558, BOND VOLUME REQUESTED: $8,000, BOND VOLUME RECOMMENDED: $8,000, A-B-009 IN FINAL SCORE: 78
11 Award Date: 8/27/15 Claystone at the Crossing II 548 Westchester Lane Lafayette, IN Tippecanoe County Integra Property Group, LLC Integra Property Group, LLC 60% of AMI: 141 Efficiency: 0 50% of AMI: 0 One bedroom: 24 40% of AMI: 0 Two bedroom 89 40% of AMI: 0 Three bedroom: 28 Total units: 141 TOTAL PROJECTED COSTS: $13,739,897 COST PER SQUARE FOOT: $98.00 CREDIT REQUESTED: $437, CREDIT RECOMMENDED: $437, BOND VOLUME REQUESTED: $7,000, BOND VOLUME RECOMMENDED: $7,000, A-B-010 IN FINAL SCORE: 69
12 Award Date: 9/24/15 Lillie Gardens 3323 Diplomat Drive Fort Wayne, IN Allen County Lillie Gardens LP Ifeanyi Osili Lillie Gardens TWG GP, LLC 60% of AMI: 136 Efficiency: 0 50% of AMI: 4 One bedroom: % of AMI: 0 Two bedroom 0 40% of AMI: 0 Three bedroom: 0 Total units: 140 TOTAL PROJECTED COSTS: $9,382,241 COST PER SQUARE FOOT: $130 CREDIT REQUESTED: $353, CREDIT RECOMMENDED: $353, BOND VOLUME REQUESTED: $5,000, BOND VOLUME RECOMMENDED: $5,000, A-B-011 FINAL SCORE: 83
13 Award Date: 10/22/15 The Gardens of Van Buren 1545 Van Buren Street Indianapolis, IN Marion County New Construction GVB, LP Pamela Schiesz Louis Schiesz William Schumaker 60% of AMI: 175 Efficiency: 0 50% of AMI: 0 One bedroom: 37 40% of AMI: 0 Two bedroom 82 40% of AMI: 0 Three bedroom: 48 Market Rate: 0 Four bedroom: 8 Total units: 175 TOTAL PROJECTED COSTS: $22,688,108 COST PER SQUARE FOOT: $119 CREDIT REQUESTED: $896, CREDIT RECOMMENDED: $896, BOND VOLUME REQUESTED: $11,964, BOND VOLUME RECOMMENDED: $11,964, DEVELOPMENT FUND REQUESTED $500, DEVELOPMENT FUND RECOMMENDED $500, A-B-013 IN DEVELOPMENT FUND LOAN NUMBER DFL SELF SCORE: 99 FINAL SCORE: 96
14 Award Date: 1/28/16 Prairie Meadows Apartments, Phase II 2915 Sweet Grass Lane Greenfield, IN New Construction Village Capital Corporation Village Capital Corporation 60% of AMI: 76 Efficiency: 0 50% of AMI: 0 One bedroom: 24 40% of AMI: 0 Two bedroom 44 30% of AMI: 0 Three bedroom: 8 Total units: 76 TOTAL PROJECTED COSTS: $9,865,160 COST PER SQUARE FOOT: $ CREDIT REQUESTED: $295, CREDIT RECOMMENDED: $295, BOND VOLUME REQUESTED: $5,072, BOND VOLUME RECOMMENDED: $5,072, A-B-012 IN SELF SCORE: 59 IHCDA SCORE: 59.5
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