2024 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, 2024

Actual Current

Project

Prior Years

Total

Authorization

Year

To Date

Revenues:

Intergovernmental: Federal Grants

$ 42,840,880

$ 34,208,282

$

1,882,228

$ 36,090,510

Investment Income (Loss)

1,139,635

1,062,332

(29,751)

1,032,581

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

396,203 5,068,807 652,485 916,614 843,936 82,034 7,960,579 500

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

41,380 90,072

565,794 5,084,383 659,238 885,204 843,936 110,737 8,153,292 4,000

NCHFA Willow Oaks Program Support

Sale of Real Estate Legal Restitution Other Revenue

78

Total Charges for Current Services

131,530

Total Revenues

51,941,094

43,292,376

1,984,007

45,276,383

Expenditures:

Neighborhood Development: Block Grant: Administration

5,280,607 1,329,635 1,611,301 9,376,631 7,166,935 275,000 206,735 202,856

4,483,162 1,224,807 386,662 9,376,631 6,899,363 135,896 166,500 202,856 95,000 386,079 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 43,671 10,400

461,503 100,274 91,879

4,944,665 1,325,081 478,541 9,376,631 6,919,758 135,896 166,500 202,856 95,000 386,079 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 43,671 10,400

CARES Act CARES Act 2

Emergency Rental Assistance 1 Emergency Rental Assistance 2

20,395

Emergency Assistance

Fair Housing

Rental Rehabilitation Target Area Personnel

95,000 386,079 649,769 540,689 60,000 30,000

Asheboro

Neighborhood Reinvestment Smith Homes Redevelopment

Arts and Culture Eastside Park South Elm Street Willow Oaks

8,135,775 1,307,462 439,390 2,306,647 6,650,752 176,130 1,707,065 1,640,000 326,000 50,000

Section 108 Loan Principal Retirement

4,824 13,640 141,434 88,390

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

508,989

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

12,009

50,000 116,956 400,000 13,850 220,231 212,780 150,651 73,000 843,936

Park Renovation

13,387 99,351

13,387 99,351

Contingency

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

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

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

Bessemer Shopping Center

Legal Restitution

384

Capital Outlay - IT Subscriptions

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