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PROJECT DATA Wheat Street Gardens - 221 d (3) N-P Spon. - Wheat Street Baptist Churcl NP & RS


1 280 units - all 2 Br. $74.00 up


Water Furnished $71.00 down (Completed bef9re current program started)


2 84 units


- 48 1 Br. $79.00 36 3 Br. $98.00 Cost $10,912/U (FHA Com.)


3 108 units


3 Br. $140.• 00 (RS $80.00/mo.) 6% interest Cost $12,500/U (FHA Com.) Friendship Center 208 units (16 U/A) 221 d (3) N-P - N-P Spon. - Friendship Baptist Church 34 1 Br. $87.50_ Developer - Celotex Corp. 95 2 Br. $101.00 Builder - Rogers Const. Co. 30 3 Br. $115.00 49 T.H. $107.00 Central Air Conditioning Utilities Furnished Stove & Refrigerator Furnished Cost $10,812/U (FHA Com.) College Plaza 96 uni ts 221 d (3) LD Builder- Randen Construction Co. 96 Units all 2 Br. $75.95 Water Furnished Stove and Refrigerator Furnished Permit for Const. Cost $8,255/U Allen Temple


1 151 units


2


222 units


3


2 08 unit s 221 100 50 1 d (3) N-P N-P Spon. - Allen Temple AME Church 2 Br. $62.00 3 Br. $7 9. 00 .,... Manager's Apt. 1 42 2 Br. $68.00 80 3 Br. $80.00 2 Br. $88.50 3 Br . $ 9 9 .50 . Cost $11,566 / U (FHA Com . ) London Towne Houses 200


1

2

3

4


units 36 48 48 68 221 d (3) Co-op 8 1 Br. 61 2 Br. 122 3 Br. 9 4 Br. $63. 0 0 $69.00 $84.00 $109.00 6 Model Units to select irom. Must sell before const. starts $10.00 application fee $135.00 Down Payment No. Closing Costs N-P Sp on. - FCH, Inc. Builder-Diamond & Kaye Purchase Price (Incls. Tax, Insurance Maintenance) ~ Outside Average Cost $14,078/U (FHA Com.) �London Towne Houses (Cont.'d)


Mortgage Interest

Real Estate Taxes


Mortgage Principal


Maintenance Reserve Funds Administration Landlord's profi~ 43% 16% 19% 12% 5% 5% 0% 100%


tax deductible items


McDaniel Street - Public Housing 650 Units 310 Completed 7-25-68 340 Under Construction BuiLt on Urban Renewal Land Average Cost approximately $14,500/U .. - �