2023 Annual Comprehensive Report

Schedule 2 0 Page 1 of 2

Community Development Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual From Project Inception and For the Fiscal Year Ended June 30, 2023

Actual Current

Project

Prior Years

Total

Authorization

Year

To Date

Revenues:

Intergovernmental: Federal Grants

$ 40,343,439

$ 31,122,948

$

3,085,334

$ 34,208,282

Investment Income (Loss)

1,099,635

1,261,236

(198,904)

1,062,332

Charges for Current Services: Program Income Rent Principal - Notes and Mortgages Targeted Loan Pool Proceeds

386,203 4,978,807 652,485 916,614 843,936 72,034 7,850,579 500

483,446 4,856,977 659,238 885,204 843,936 109,086 7,841,887 4,000

40,968 137,334

524,414 4,994,311 659,238 885,204 843,936 110,659 8,021,762 4,000

NCHFA Willow Oaks Program Support

Sale of Real Estate Legal Restitution Other Revenue

1,573

Total Charges for Current Services

179,875

Total Revenues

49,293,653

40,226,071

3,066,305

43,292,376

Expenditures:

Neighborhood Development: Block Grant: Administration

5,044,535 1,329,635 1,611,301 9,376,631 7,081,066 275,000 185,000 202,856

4,202,941 1,195,844 8,944,543 6,923,549 131,397 158,215 202,856

280,221 28,963 386,662 432,088 (24,186)

4,483,162 1,224,807 386,662 9,376,631 6,899,363 135,896 166,500 202,856

CARES Act CARES Act 2

Emergency Rental Assistance 1 Emergency Rental Assistance 2

Emergency Assistance

4,499 8,285

Fair Housing

Rental Rehabilitation Target Area Personnel

95,000 5,152 386,079 444,496 579,289 60,000 30,000

95,000

95,000

Targeted Loan Pool Program

Asheboro

386,079

386,079

Neighborhood Reinvestment Smith Homes Redevelopment

Arts and Culture Eastside Park South Elm Street Willow Oaks

58,926 10,400

(15,255)

43,671 10,400

Section 108 Loan Principal Retirement

8,135,774 1,341,768 444,031 2,194,520 5,928,322 176,130 50,000 994,513 1,640,000 326,000 50,000 116,956

8,135,774 1,138,865 291,103 1,853,790 4,041,272 176,130 50,000 529,456 1,639,999 248,701 50,000 116,757

8,135,774 1,147,015 291,103 2,165,214 4,205,745 176,130 50,000 755,015 1,639,999 313,991 50,000 116,757

8,150

Homelessness Prevention Homeowner Rehab Prince of Peace Shelter Renaissance Center CD Lead Remediation Section 108 Project

311,424 164,473

225,559

Homebuyer Education Program Code Compliance Boarding Section 3 Homeowner Code Compliance Other Community Development: Kids, Inc. Day Care Federal Emergency Shelter Grant

65,290

212,780 150,651 73,000 843,936

214,276 150,651 74,991

214,276 150,651 74,991 389,367 151,983

Bessemer Shopping Center

Legal Restitution

389,367 151,983

Capital Outlay - IT Subscriptions

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