Financing

 

The following is a list of affordable housing units which Mr. Condry is a partner in and the type of financing utilized in the acquisition of these projects.

Project Name City
Units
Date
% Owned
Primary Financing
Secondary Financing
Tax Credit Equity
Soft Money
Total Costs
Whispering Woods Fresno
313
1998
20%
$13,250,000
$0
$6,672,410
$0
$19,922,410
Lexington Square Clovis
130
1998
20%
$3,850,000
$0
$1,917,570
$0
$5,767,570
Delta Pines Antioch
186
1999
20%
$9,415,000
$576,207
$4,915,770
$0
$14,906,977
Casa Blanca Antioch
129
1999
20%
$6,587,500
$310,000
$3,288,500
$0
$10,186,000
Emerald Point Modesto
250
1999
20%
$9,520,000
$160,000
$4,911,530
$0
$14,591,530
Parks at Fig Garden Fresno
366
1999
20%
$11,000,000
$410,000
$6,202,890
$0
$17,612,890
Sunridge Concord
199
1999
20%
$9,585,000
$547,290
$5,589,570
$0
$15,721,860
Courtyard Plaza San Jose
80
2000
20%
$6,740,000
$0
$2,660,000
$0
$9,400,000
Laurel Glen Merced
128
2000
20%
$3,078,000
$0
$2,641,120
$0
$5,719,120
Kings Villages Pasadena
313
2001
20%
$17,650,000
$0
$12,046,760
$4,981,807
$34,678,567
Summerfield Indio
268
2001
20%
$13,400,000
$0
$5,807,000
$1,500,000
$20,707,000
Heritage Village Los Banos
50
2003
100%
$1,800,000
$0
$975,000
$857,000
$3,632,000
Parkside Village Dinuba
76
2003
100%
$2,718,000
$0
$1,700,000
$1,230,000
$5,648,000
Green Valley Cameron Park
40
2004
100%
$2,200,000
$0
$1,279,000
$1,350,000
$4,829,000
Greenwood Village Sonora
48
2004
100%
$2,487,000
$0
$1,371,000
$871,000
$4,729,000
Deer View Park Placerville
48
2005
100%
$2,500,000
$0
$1,414,000
$725,000
$4,639,000
Kauhale Olu Pepeekeo
124
2005
100%
$5,500,000
$0
$4,521,000
$1,717,000
$11,738,000
Duncan Place Ft. Bragg
44
2006
100%
$1,250,000
$0
$1,000,000
$1,461,000
$3,711,000
Sutter Hill Place Sutter Creek
44
2006
100%
$1,880,000
$0
$1,722,000
$1,436,000
$5,038,000
Totals 2,836 $124,410,500 $2,003,497 $70,635,120 $16,128,807 $213,177,924