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Carrie lane Supportive Housing—New Construction <br /> Decatur, IL 62526 <br /> Project Overview <br /> firm has residential experience, including the Jefferson Building, a 30,000 sq. ft. renovation of a <br /> 100-year-old Masonic Temple. AEX converted the building into eighteen apartments. <br /> Financial Consultant- Lighten-Gale Group (LGG), a consulting firm in business since 1999, has <br /> extensive experience in coordinating financing and project management services related to the <br /> development of affordable, market rate and mixed income housing. LGG specializes in multi- <br /> family affordable housing but also coordinates other creatively financed projects. LGG is <br /> coordinating all the private and public financing for this project. LGG has extensive experience <br /> with the IHDA PSH program and has assisted the development of over two dozen special needs <br /> projects to date. <br /> Budget <br /> Income <br /> Illinois Housing Development Authority $ 4,519,700 <br /> Local Match Requests, (City of Decatur,John <br /> Ullrich Foundation,Andreas Foundation,James <br /> Millikin Trust, and Macon County Mental <br /> Health Board $ 502,200 <br /> Total Income $ 5,021,900 <br /> Expense <br /> Land Acquisition Costs $ 100,000 <br /> 20 Unit Building Construction Costs $ 4,921,900 <br /> Total Expense $ 5,021,900 <br />