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Parks, Recreation, and Community Enhancement Committee. Mar 24, 2011.

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ATTACHMENT #1 Special PR&CE Committee Meeting of 03/24/2011 Diamond State CLT 3/24/11 DOVER CDBG GRANT REQUEST AFFORDABLE HOMEOWNERSHIP, PERMANENT AFFORDABILITY Project: two single-family homes in Northwest Dover Heights, Lincoln i Park, or equivalent neighborhoods. Thoroughly renovated with energy- | efficiencies including solar hot-water & solar electric panels. Homebuyers: From 53% to 80% Area Median Income (AMI). . . Economics: es od Ee etbiaton Fae Sevarse | seom| —_—| ec a) Tot bevlpmenSost|_—Sre9000] =| | I —— ee inca secoof a Sih: HauingDewpmewrna | stesso Sr meydosansre wera [secon +d rewcaepwo] Timing: Acquisition planned for August/September 2011 Rehabilitation & energy enhancements - October-November Sale period - December-January Relationship with owner-occupant - continuing THANKS FOR CONSIDERING OUR REQUEST! 363 Saulsbury Road Dover, DE 19904

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