2025 Annual Comprehensive Report

Schedule 20 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, 2025

Actual Current

Project

Prior Years

Total

Authorization

Year

To Date

Revenues:

Intergovernmental: Federal Grants

$ 45,119,138

$ 36,006,295

$

3,489,526

$ 39,495,821

Investment Income (Loss)

1,098,355

1,032,581

27,243

1,059,824

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

512,837 5,093,595 652,485 916,614 843,936 82,112 8,102,079 500

565,794 5,039,098 659,238 885,204 843,936 110,737 8,108,007 4,000

1

565,795 5,067,766 659,238 885,204 843,936 113,772 8,139,711 4,000

28,668

NCHFA Willow Oaks Program Support

Sale of Real Estate Legal Restitution Other Revenue

3,035 31,704

Total Charges for Current Services

Total Revenues

54,319,572

45,146,883

3,548,473

48,695,356

Expenditures:

Neighborhood Development: Block Grant: Administration

5,763,705 1,329,635 1,611,301 9,376,631 7,166,935 275,000

4,944,665 1,325,081 478,541 9,376,631 6,919,758 135,896

502,436

5,447,101 1,329,635 980,988 9,376,631 7,166,935 135,896

CARES Act CARES Act 2

4,554

502,447

Emergency Rental Assistance 1 Emergency Rental Assistance 2

247,177

Emergency Assistance

Fair Housing

77,235 202,856 95,000 386,079 649,769 539,179 60,000 30,000

37,000 202,856 95,000 386,079

17,677

54,677 202,856 95,000 386,079

Rental Rehabilitation Target Area Personnel

Asheboro

Neighborhood Reinvestment Smith Homes Redevelopment

9,752

9,752

Arts and Culture Eastside Park South Elm Street Willow Oaks

43,671 10,400

43,671 10,400

Section 108 Loan Principal Retirement

8,135,775 1,177,931 404,031 2,626,647 7,229,528 176,130 2,278,833 1,640,000 326,000 50,000

8,135,774 1,151,839 304,743 2,306,648 4,294,135 176,130 1,264,004 1,639,999 326,000 50,000 116,757 50,000

8,135,774 1,071,839 326,782 2,540,278 6,342,360 176,130 1,510,434 1,639,999 326,000 50,000 116,757 50,000

(80,000) 22,039 233,630

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

2,048,225

246,430

Homebuyer Education Program Code Compliance Boarding Section 3 Homeowner Code Compliance Redevelopment Infrastructure

50,000 116,956 377,256 570,350 407,210 212,780 150,651 73,000 843,937

Park Renovation

13,387 99,351

45,482 21,422

58,869 120,773 214,276 150,651 74,991 471,003 151,983

Contingency

Other Community Development: Kids, Inc. Day Care Federal Emergency Shelter Grant

214,276 150,651 74,991 389,751 151,983

Bessemer Shopping Center

Legal Restitution

81,252

Capital Outlay - IT Subscriptions

-81-

(continued)